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KBRA Assigns Preliminary Ratings to Benchmark 2026-B44

Lastest from Businesswire - 20 min 47 sec ago
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to 18 classes of Benchmark 2026-B44, an $805.1 million CMBS conduit transaction collateralized by 63 commercial mortgage loans secured by 79 properties. The collateral properties are located throughout 20 MSAs, of which the three largest are New York (32.9% of pool balance), Denver (9.9%), and Las Vegas (8.0%). The pool’s three largest property type exposures are retail (38.9%), multifamily (26.3%), and

Nearly Half of Contractors Have Missed a Bid Deadline Because of Slow Bonding, NNA Surety Bonds Study Finds

Lastest from Businesswire - 20 min 47 sec ago
CHATSWORTH, Calif.--(BUSINESS WIRE)-- #Bonds--NNA Surety Bonds has released a new white paper, The Contractor’s Guide to Winning More Jobs, offering practical strategies to help contractors submit more bids, qualify for larger projects and avoid the bonding delays that can cost them work. The guide draws on findings from the NNA Surety 2026 Contractor Bond Buyer Survey, which found that 47% of contractors have missed a bid deadline because of a slow bond turnaround. When Bonding Becomes the Bottleneck W

Unum Group Closes $3.8 Billion Long-Term Care Reinsurance Transaction with Fortitude Re

Lastest from Businesswire - 20 min 47 sec ago
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that its Unum Life Insurance Company of America subsidiary (Unum America) closed its previously announced reinsurance transaction with Fortitude Reinsurance Company Ltd. (Fortitude Re). As a part of the transaction, Fortitude Re will retrocede biometric risk to a highly rated global reinsurer. Unum will continue to provide service and administration for the reinsured business. The reinsured block consists of approximate

AM Best Comments on Credit Ratings of Cavello Bay Reinsurance Limited Following Enstar Group Limited’s Transaction with Markel Group Inc.

Lastest from Businesswire - 20 min 47 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Credit Ratings (ratings) of Cavello Bay Reinsurance Limited (Cavello Bay) (Bermuda), a subsidiary of Enstar Group Limited (ENSTAR) (Bermuda), are unchanged following Enstar’s announcement that it has entered into a reinsurance agreement with Markel Group Inc. (Markel) [NYSE: MKL].On October 28, 2026, Enstar entered an agreement with Markel to reinsure Markel’s global reinsurance reserves and certain exited lines within its insurance

State Street Corporation (NYSE: STT) Announces 2027 Quarterly Financial Results Release Dates

Lastest from Businesswire - 20 min 47 sec ago
BOSTON--(BUSINESS WIRE)--State Street Corporation (NYSE: STT) today announced the following conference calls to review its quarterly financial results: Fourth-Quarter and Full-Year 2026 – Friday, January 15, 2027 at 10:00 a.m. ET (previously announced) First-Quarter 2027 – Friday, April 16, 2027 at 11:00 a.m. ET Second-Quarter 2027 – Wednesday, July 14, 2027 at 10:00 a.m. ET Third-Quarter 2027 – Friday, October 15, 2027 at 11:00 a.m. ET The quarterly financial results will be released at approx

LULU Investors Have Opportunity to Lead lululemon athletica inc. Securities Fraud Lawsuit with SBS Law

Lastest from Businesswire - 20 min 47 sec ago
LOS ANGELES--(BUSINESS WIRE)---- $LULU--LULU Investors Have Opportunity to Lead lululemon athletica inc. Securities Fraud Lawsuit with SBS Law

$1.15 Million Raised by Legal Aid Foundation of Los Angeles

Lastest from Businesswire - 20 min 47 sec ago
BEVERLY HILLS, Calif.--(BUSINESS WIRE)-- #AccessToJusticeGala--$1.15 Million Raised by Legal Aid Foundation of Los Angeles (LAFLA) at 28th Annual Access to Justice Gala

NPKI Investors Have Opportunity to Join NPK International Inc. Fraud Investigation with SBS Law

Lastest from Businesswire - 20 min 47 sec ago
LOS ANGELES--(BUSINESS WIRE)---- $NPKI--NPKI Investors Have Opportunity to Join NPK International Inc. Fraud Investigation with SBS Law

American Financial Group, Inc. Announces Third Quarter Results and Declares Special Dividend

Lastest from Businesswire - 20 min 47 sec ago
CINCINNATI--(BUSINESS WIRE)--American Financial Group, Inc. (NYSE: AFG) today reported 2026 third quarter net earnings of $282 million ($3.40 per share) compared to $215 million ($2.58 per share) in the 2025 third quarter. Net earnings included net after-tax non-core items that reduced net income by $47 million ($0.57 per share loss) and $9 million ($0.11 per share loss) in the 2026 and 2025 third quarters, respectively. Annualized return on equity was 22.3% and 18.2% for the third quarters of

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Lastest from Businesswire - 20 min 47 sec ago
NEW YORK--(BUSINESS WIRE)--BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0500 per share of common stock, payable on December 1, 2026 to shareholders of record at the close of business on November 18, 2026. The ex-dividend date is November 18, 2026. The previous distribution announced in October was $0.0500 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on it

BerryDunn Awarded Texas DIR DBITS Contract for Technology Consulting Services

Lastest from Businesswire - 20 min 47 sec ago
PORTLAND, Maine--(BUSINESS WIRE)--BerryDunn, a full-service accounting, tax, and consulting firm, has been awarded Texas Department of Information Resources (DIR) Deliverables Based Information Technology Services (DBITS) contract DIR-CPO-6278, providing eligible organizations streamlined access to the firm’s technology consulting and advisory services. Through DIR’s Cooperative Contracts Program, public-sector agencies and eligible organizations in Texas and beyond can now benefit from BerryDu

AM Best Revises Outlooks to Positive for Funeral Directors Life Insurance Company

Lastest from Businesswire - 20 min 47 sec ago
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Funeral Directors Life Insurance Company (FDLIC) (Abilene, TX). The Credit Ratings (ratings) reflect FDLIC’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

JPMorganChase Files Form 10-Q for the Quarter Ended September 30, 2026

Lastest from Businesswire - 20 min 47 sec ago
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2026 with the SEC. The report is available on the SEC's website at https://www.sec.gov and will be available on the Firm's Investor Relations website at https://www.jpmorganchase.com/ir under SEC Filings & Other Disclosures. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United

Prudential Financial, Inc. Announces Third Quarter 2026 Results

Lastest from Businesswire - 20 min 47 sec ago
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) today reported third quarter 2026 results. Net income attributable to Prudential Financial, Inc. of $1.388 billion or $3.96 per Common share versus net income of $1.431 billion or $4.01 per share for the year-ago quarter. After-tax adjusted operating income of $1.321 billion or $3.77 per Common share versus $1.444 billion or $4.05 per share for the year-ago quarter. Lower earnings in Japan related to the sales suspension in P

AIG Delivers Strong Third Quarter Results

Lastest from Businesswire - 20 min 47 sec ago
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today reported financial results for the third quarter ended September 30, 2026. “AIG delivered strong profitability and premium growth in the third quarter rounding out an outstanding first nine months of 2026,” said Eric Andersen, AIG President & Chief Executive Officer. “We continue to make excellent progress toward achieving our 2025 Investor Day financial objectives. In the third quarter, Adjusted after-tax incom

Redwood Trust Plans C-Corporation Conversion and Preferred-for-Common Stock Exchange Offer at a Premium

Lastest from Businesswire - 20 min 47 sec ago
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood”, “we”, “us” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the “Board”) has unanimously approved a plan to discontinue the Company’s election to be treated as a real estate investment trust for U.S. federal income tax purposes (“REIT”) and convert to a taxable C-corporation, effective for the calendar year ending December 31, 2027 (

First American Financial Corporation Appoints Darryl D. Button to Board of Directors

Lastest from Businesswire - 20 min 47 sec ago
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a premier provider of title, settlement and risk solutions for real estate transactions and the leader in the digital transformation of its industry, announced today that Darryl D. Button has been appointed to the company’s board of directors. A highly accomplished insurance and financial services executive with more than 25 years of senior leadership experience at regulated financial services organizations in

Jackson Announces Outstanding Third Quarter 2026 Results

Lastest from Businesswire - 20 min 47 sec ago
LANSING, Mich.--(BUSINESS WIRE)--Jackson Financial Inc. (NYSE: JXN) (Jackson®) today announced its financial results for the third quarter ended September 30, 2026. Third Quarter 2026 Key Highlights Record retail annuity sales1 of $6.5 billion, up 22% from the third quarter of 2025, including record registered index-linked annuity (RILA) sales of $3.0 billion, up 44% from the third quarter of 2025 Variable annuity (VA) sales1 of $2.8 billion were down 3% from the third quarter of 2025 Fixed ann

Horace Mann reports third-quarter 2026 results

Lastest from Businesswire - 20 min 47 sec ago
SPRINGFIELD, Ill.--(BUSINESS WIRE)--Horace Mann Educators Corporation (NYSE:HMN), the largest multiline financial services company focused on helping America’s educators and a core small- to mid-cap growth and value equity in the Financials sector, today reported financial results for the three and nine months ended September 30, 2026: Diversified business delivered third-quarter net income of $58.5 million, or $1.41 per share, and record core earnings* of $85.1 million, or $2.06 per share Net

Unum Group Reports Third Quarter 2026 Results

Lastest from Businesswire - 20 min 47 sec ago
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) today reported a net loss of $419.7 million ($2.65 per diluted common share) for the third quarter of 2026, compared to net income of $39.7 million ($0.23 per diluted common share) for the third quarter of 2025. Included in net loss for the third quarter of 2026 is a before-tax net investment loss on the Company’s investment portfolio of $853.0 million, primarily related to impairment losses recognized as a result of our intent to tran

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