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AM Best Revises Outlooks to Stable for Trisura Group Ltd. Members; Comments on First Founders Assurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of the operating entities of Trisura Group Ltd. (Trisura) [TSX:TSU] (Toronto, Ontario, Canada), which include Trisura Specialty Insurance Company (TSIC), Trisura Insurance Company (TIC), Bricktown Specialty Insurance Company (BSIC) and Trisura Guarantee Insurance Company (TGIC). TSIC, TIC
Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day
ORANGE, Conn.--(BUSINESS WIRE)-- #LineworkerAppreciationDay--Avangrid Launches Lineworker Recruitment Efforts to Mark Lineworker Appreciation Day
Ease Capital Closes $32 Million Bridge-Off-Construction Loan to The Station in West New York, NJ
WEST NEW YORK, N.J.--(BUSINESS WIRE)--Ease Capital (“Ease”) has provided AIRN Management (“AIRN”) with $32 million in construction takeout financing for the lease up and stabilization of The Station Apartments, a 97-unit 10-story multifamily property located in West New York, NJ. “We are excited to provide senior financing to the team at AIRN who has done a phenomenal job on the construction and lease-up of The Station,” said Charlie Oshman, Co-Founder of Ease Capital. “Ease was able to tailor
Echo Impact Launches to Empower Underrepresented Communities, Unlock Innovation in OKC’s Ongoing Renaissance
OKLAHOMA CITY--(BUSINESS WIRE)--Echo, a multi-strategy investment firm founded by Christian Kanady in 2010, announced the formal launch of Echo Impact to be led by seasoned community developer Sandino Thompson. The investment strategy is anchored on the philosophy that social and financial returns can and should be intertwined. “Echo firmly believes that making money and doing good are not mutually exclusive,” said Kanady. “Echo Impact is more than an investment strategy aimed at financial retu
Intelligent Waves Wins Platinum Award in the 2024 TITAN Business Awards for IT Innovation in Aerospace & Defense for Second Consecutive Year
RESTON, Va.--(BUSINESS WIRE)-- #CyberSecurity--Intelligent Waves (IW), a leading tech government integrator, wins the platinum award in the 2024 TITAN Business Awards for innovative cyber defense.
OV Loop, Inc. Acquires Cultos.io to Enhance Its Super-App and Omnichannel Commerce Experiences For Buyers, Sellers, and Brands
BOSTON--(BUSINESS WIRE)--OV Loop, Inc. announces the acquisition of Cultos.io. to enhance brands' rewards and engagements via users’ private self-custody wallet and super-app.
Tastytrade Announces Exclusive Partnership With Unusual Whales
CHICAGO--(BUSINESS WIRE)--Tastytrade, Inc., the online brokerage firm created by traders for self-directed investors, announces today that it has signed an exclusive partnership with options platform and internet blowhole, Unusual Whales. Tastytrade is now the exclusive brokerage firm of Unusual Whales. This partnership will allow Unusual Whales’ users to trade directly on their Options Flow platform through a tastytrade account. Tastytrade “whale-comes” this partnership in the world of “fin”te
Linqto Surpasses $350M in Investments Across 60+ Companies, Serving Over 750,000 Users Worldwide
SAN FRANCISCO--(BUSINESS WIRE)--Linqto, the world’s first financial technology investment platform democratizing access to private markets for accredited investors, today announced the surpassing of key milestones, highlighting the platform’s sustained company growth and expansion. Founded in 2020, Linqto now has more than 750,000 users across 110 countries who have invested over $350 million in upwards of 60 companies. Linqto exemplifies adaptability in an ever-changing fintech market, ensurin
Lyrical Asset Management LP: Notice of Intent to Close U.S. Value ETF (USVT)
NEW YORK--(BUSINESS WIRE)--Lyrical Asset Management LP (“LAM”) has filed a supplemental ‘sticker’ today notifying the shareholders and any potential investors in the U.S. Value ETF (the “Fund”) of LAM’s intent to close the Fund. A copy of the supplement can be found on the Fund’s webpage at https://lyricalam.com/funds/usvt/. The Fund will cease trading on the NYSE Arca Exchange (the Exchange”) and will be closed to purchase by investors as of the close of regular trading on the Exchange on May
Forescout Expands Leadership Team with Seasoned Executives
SAN JOSE, Calif.--(BUSINESS WIRE)-- #Cybersecurity--Forescout Expands Leadership Team with Seasoned Executives
The Infatuation’s EEEEEATSCON Presented by Chase Sapphire® Returns to The Salt Shed Chicago July 13 – 14
NEW YORK--(BUSINESS WIRE)--Today, The Infatuation announced the return of its signature food festival, EEEEEATSCON presented by Chase Sapphire on Saturday, July 13 and Sunday, July 14 at Chicago’s The Salt Shed. This year’s event will offer exciting programming including conversations with Grammy-winning artist, Chance the Rapper, television personality and cookbook author Chrissy Teigen, and artist, actor, author, and activist, Common, in addition to more than 20 restaurants. EEEEEATSCON Chica
CEI Bolsters Technology Capabilities and Scale with Acquisition of Fourth Dimension
PITTSBURGH--(BUSINESS WIRE)--Technology/IT Service Provider CEI acquires Fourth Dimension Technologies.
Palladius Capital Management on Track to Double Loan Originations in 2024
AUSTIN, Texas--(BUSINESS WIRE)--Palladius Capital Management (“Palladius”), a vertically-integrated real estate investment manager focused on pursuing multifamily, student housing, hospitality and select thematic investment strategies, today announced that it has ramped up its lending activity and is on pace to double origination volume year-over-year. “While we have seen some stabilization in pricing as expectations for rate increases have moderated, opportunities for private lenders like Pall
Jan van Eck Receives 2024 ETF.com Lifetime Achievement Award
NEW YORK--(BUSINESS WIRE)--VanEck CEO Jan van Eck was last night honored with the Lifetime Achievement Award at the 2024 ETF.com Awards.
ROffice Begins First Partnership: J.W. Cole
MELBOURNE, Fla.--(BUSINESS WIRE)-- #Bookkeeping--ROffice partners with J.W. Cole to give its advisors near instantaneous access to fractional assistance.
The SBB Research Group Foundation Sponsors Women United of Lake County
CHICAGO--(BUSINESS WIRE)--Women United of Lake County collaborated in a volunteer initiative alongside the SBB Research Group Foundation, which partners with local nonprofits through its Champion A Charity Program. This volunteer project, led by Sonia Munoz, created Halloween snack packs for children in need, specifically those residing at emergency shelters operated by A Safe Place, a partner agency of Women United. This project brought warmth and happiness to children facing difficult circums
Protective Life Insurance Company Launches New Advisory Variable Universal Life Product on FireLight
COLORADO SPRINGS, Colo.--(BUSINESS WIRE)-- #digitalsales--Protective Life launches its new advisory variable universal life (VUL) product through FireLight.
Clazar Raises $10M Series A to Modernize SaaS Sales Across Cloud Marketplaces
SAN FRANCISCO--(BUSINESS WIRE)--Clazar today announced it has raised a $10 million Series A funding round led by Ridge Ventures and Ensemble VC.
SRM Acquires Accourt Payments Specialists in United Kingdom, Strengthens Global Payments Consulting Capability
MEMPHIS, Tenn.--(BUSINESS WIRE)--SRM (Strategic Resource Management, Inc.), an independent advisory firm serving financial institutions across North America and Europe, today announced that, through its subsidiary SRM Europe, it has acquired Accourt Payments Specialists, a provider of payments consulting and other strategic services based in the United Kingdom. For 22 years, Accourt has provided expertise in payments, regulation, and risk to a diverse group of clients, including traditional fin
AM Best Downgrades Credit Ratings of Members of Columbian Financial Group; Maintains Under Review With Negative Implications Status
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to C+ (Marginal) from C++ (Marginal) and the Long-Term Issuer Credit Ratings to “b-” (Marginal) from “b” (Marginal) of Columbian Mutual Life Insurance Company (Columbian) (Binghamton, NY) and Columbian Life Insurance Company (CLIC) (Chicago, IL), collectively referred to as Columbian Financial Group (CFG). Concurrently, AM Best has maintained the under review with negative implications status for these Credit R