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During the nine months of 2015, $CINF's Personal Lines segment increased new business written premiums by $16MM. Nearly 20% of the increase was from high net worth policies. $CINF launched Executive Capstone, new suite of high net worth insurance products, in New York during Sept. 2015.
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.