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To address the growing need of cyber security insurance, $ACE today launched Global Cyber Facility incorporating a comprehensive risk management solution into a single policy purchase. $ACE increased the primary capacity up to $100MM per insured for qualifying risks. $ACE will act as a single point of contact for all Global Cyber Facility services.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.