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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A hardening of traditional insurance markets and market dislocations have led to the rise in newly established reciprocal insurance exchanges, particularly in catastrophe-exposed homeowners’ insurance markets, according to a new AM Best report. Reciprocal exchanges historically have been present in segments such as personal auto. Escalating natural catastrophe losses and mounting reinsurance costs have compelled established insurers to pull back capacity, aggress

ROCHESTER, N.Y.--(BUSINESS WIRE)--Chimera Integrations Expands Into Rochester with New Leadership Team and Regional Headquarters

DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Real Estate Fund VI, L.P. has successfully completed the sale of three multifamily properties across Texas which were sold to three separate buyers. Financial terms of the transaction were not disclosed. The entire portfolio totaled 606 property units: a 208-unit garden style multifamily community built in 2004 and located in Lubbock, TX; a 214-unit garden style mult

NEW YORK--(BUSINESS WIRE)--Ambac Financial Group Appoints Karen Beyer Head of Investor Relations

SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Synopsys business and prospects, resulting in its stock trading at inflated prices.

NEW YORK--(BUSINESS WIRE)--ImpactAssets, the impact investing leader with a 15-year track record of mobilizing capital for good, released its 2025 Impact Report.

AMSTERDAM & HOUSTON & LONDON & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, today announced record liquidity across its global natural gas markets. Highlights include: ICE’s global natural gas futures markets hit record open interest (OI) of 25.3 million on October 28, 2025, up 13% year-over-year (y/y). ICE’s North American natural gas futures markets hit record OI of 21.2 million on November 3, 2025, up 9% y/y, with IC

NEW YORK--(BUSINESS WIRE)--Broadwood Partners, L.P. and its affiliates (collectively, “Broadwood”) today commented on the recent filing of amendments to the merger agreement in connection with the proposed sale of STAAR Surgical Company (“STAAR” or the “Company”) (NASDAQ: STAA) to Alcon Inc. (“Alcon”) (NYSE: ALC). Neal C. Bradsher, Founder and President of Broadwood, said: “For more than three months, we have been telling the Board of Directors that its decision to sell STAAR to Alcon came at t

CHATHAM, N.J.--(BUSINESS WIRE)--CTM Asset Management LLC (“CTM”), a CLO manager formed and sponsored by Chatham Asset Management in 2024, today announced that it has closed a $408 million Collateralized Loan Obligation (CLO) transaction, CTM CLO 2025-2, which is the second transaction managed by the firm. CTM CLO 2025-2 is backed by a diversified portfolio of primarily senior secured, broadly syndicated loans. The transaction brings CTM’s total CLO assets under management to approximately $800

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Hadron, a modern insurance carrier setting a higher standard in the delegated authority space, today announced continued momentum across its global operations, underscoring its strong growth trajectory and international expansion. Following a year of significant progress in the US and UK, Hadron plans to enter the European Union (EU) in early 2026, further strengthening its position as a trusted carrier for specialty underwriters (MGAs, MGUs, and program admi

CHICAGO--(BUSINESS WIRE)--S2G Investments (“S2G”), a multi-stage investment firm focused on scaling solutions across food & agriculture, energy, and oceans, today announced the appointment of Grant Leslie as Operating Partner, Government & Policy. In this role, Leslie will help portfolio companies navigate complex regulatory environments and foster collaboration between the private sector and government stakeholders. Leslie joins S2G after nearly 15 years at FGS Global, where she most r

NEW YORK--(BUSINESS WIRE)--Perfect Corp. (NYSE: PERF), the AI and AR powerhouse behind the YouCam app family, is taking AI to the next level with the launch of YouCam AI Beauty Agent, the first suite of intelligent conversational agent designed specifically for beauty, skincare and fashion, bringing a decade of AI expertise into one natural experience. YouCam AI Beauty Agent is more than a smart assistant. It’s a creative partner that understands how people express themselves. Whether users wan

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Tortoise Capital announces completion of merger between TEAF and TYG with TYG emerging as the continuing fund.

NEW YORK--(BUSINESS WIRE)--Churchill Asset Management LLC, the U.S. asset management company of Nuveen Private Capital (“NPC”), today announced Brynjar Agnarsson has joined as a Managing Director and Senior Investment Strategist, focused on developing U.S. private credit solutions for EMEA investors. He will report to Michael Foley, Head of Institutional at Churchill. In this role, Mr. Agnarsson will support NPC’s global business development team and Nuveen’s Global Client Group to ensure acces

NEW YORK--(BUSINESS WIRE)--Wealthspire, an independent wealth management, retirement advisory, and business management firm with more than $580 billion in assets under management or advisement,1 today announced it has entered into an agreement to acquire RoundAngle Advisors, a Red Bank, New Jersey-based registered investment advisory firm. The addition underscores Wealthspire’s ongoing commitment to partnering with advisors who share its focus on strong client relationships, thoughtful planning

SEATTLE--(BUSINESS WIRE)--PitchBook, the leading provider of private capital market intelligence, today announced the upcoming launch of PitchBook Navigator, a generative AI feature that delivers best-in-class private capital market insights through simple, natural-language prompts directly within the PitchBook Platform. Navigator will be generally available to subscribers in late November. PitchBook also announced a Model Context Protocol (MCP) connector integration with OpenAI, enabling Pitch

BOGOTA, Colombia--(BUSINESS WIRE)--Addi, the leading commerce and financial platform in Colombia, announced today a $71 million upsizing of its credit facilities from longstanding backers, including a $57 million upsize from Goldman Sachs and Fasanara, as well as a $14 million upsize from BBVA Spark. The renewed and expanded investment from some of the world’s most trusted and respected financial institutions underscores clear, global conviction in Addi’s platform and growth trajectory. It also

WAYZATA, Minn.--(BUSINESS WIRE)--SUI Group Holdings Limited (NASDAQ: SUIG) (“SUI Group,” “SUIG” or the “Company”), today announced a strategic partnership and lending agreement with Bluefin, the leading decentralized exchange on the Sui blockchain. Through this partnership, SUI Group expects to leverage its deep network of institutional market participants to drive adoption of Bluefin’s trading and lending products across traditional finance, accelerating the entry of hedge funds, asset manager

NEW YORK--(BUSINESS WIRE)--Lindsay Goldberg, a leading private equity firm focused on partnering with families and founders, today announced it has agreed to acquire EMCO Chemical Distributors (“EMCO” or the “Company”), a founder-owned distributor of industrial chemicals, primarily serving the midwestern United States. Financial terms of the transaction were not disclosed. Founded by Edward Polen in 1971 and headquartered in Pleasant Prairie, Wisconsin, EMCO is one of the largest independent ch

NEW YORK--(BUSINESS WIRE)--Academy Asset Management, a veteran-owned institutional asset manager, is pleased to celebrate reaching $1 billion in firm AUM. The leadership of Academy Asset Management will ring the closing bell at the New York Stock Exchange on Tuesday, November 11th, 2025. Academy Asset Management’s mission is to hire, train, and mentor veterans for careers in financial services while delivering institutional-quality investment solutions. Surpassing $1 billion in assets under man