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$TRV said that in International segment, net written premiums in 2Q16 were down about 12% QoverQ. Excluding the impact of FX, net written premiums were down about 9%, driven by disciplined underwriting actions in UK business along with lower economic activity impacting the marine and energy lines of Lloyds business.
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.