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AM Best Upgrades Credit Ratings of Crum & Forster Insurance Group’s Members; Affirms Credit Ratings of Monitor Life Insurance Company of New York
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “aa-” (Superior) from “a+” (Excellent) of the members of Crum & Forster Insurance Group (C&F). Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Monitor Life Insurance Company of New York (Monitor Life) (New York, NY). The outlook of these Credit Rati
Aleo Joins Global Dollar Network
SAN FRANCISCO--(BUSINESS WIRE)--The Aleo Network Foundation, the non-profit corporation responsible for overseeing and supporting the health of the Aleo Network (Aleo), a privacy-first infrastructure to power secure, programmable, worldwide payments, today announced their inclusion in Global Dollar Network (GDN). GDN is the world’s fastest growing stablecoin network with unmatched economic upside that is powered by the USDG stablecoin. USDG is available on Solana, Ink and Ethereum. Members of t
Exchange Bank Declares Third Quarter Cash Dividend
SANTA ROSA, Calif.--(BUSINESS WIRE)--On August 19, 2025, the Exchange Bank Board of Directors declared a quarterly cash dividend of $1.30 per share on common stock outstanding to shareholders of record at the close of business on September 5, 2025. The dividend will be paid on September 19, 2025. Approximately $1.12 million, or 50.44%, of the Bank’s cash dividend will go to the Doyle Trust which funds the Doyle Scholarships at the Santa Rosa Junior College. FORWARD-LOOKING INFORMATION: The foll
University of Phoenix Announces Successful Pilot Testing Verifiable Digital Credentials Wallet Capability for Learner Records
PHOENIX--(BUSINESS WIRE)--University of Phoenix conducted a pilot testing interoperable exchange of Learning and Employment Records (LERs) into a digital wallet with the goal to empower learners with experiences and tools that will enable them to pursue their goals and give employers a clearer picture of their capabilities. This initial pilot helps bring this forward-thinking innovation closer. Alignment across industries, commerce, and higher education on adoption of interoperable learning rec
KBRA Releases Research – CMBS Loan Performance Trends: August 2025
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the August 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label CMBS increased to 7.9% in August from 7.5% in July. However, the total delinquent plus current but specially serviced loan rate (collectively, the distress rate) remained stable at 10.6%. The conduit multifamily delinquency rate increased 178 basis points (bps
AM Best Releases Revised Criteria Procedure: ‘Rating Captives and Other Alternative Risk Transfer Entities’
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has released its revised criteria procedure “Rating Captives and Other Alternative Risk Transfer Entities,” (formerly known as “Alternative Risk Transfer”) which is effective immediately. AM Best initiated a Call for Comment (CFC) related to this criteria procedure on Dec. 2, 2024 and the comment period closed on Feb. 20, 2025. In the final version of the revised criteria procedure, AM Best establishes a path to assigning Issuer Credit Ratings (ICR) and F
Supio Introduces Instant Demands to Accelerate Pre-Litigation Workflows
LAS VEGAS--(BUSINESS WIRE)--Supio, a legal AI platform purpose-built for personal injury law, announces Instant Demands to accelerate pre-litigation workflows.
Unum Group to Present at the 23rd Annual Barclays Financial Services Conference
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group’s (NYSE: UNM) President & CEO, Rick McKenney, along with EVP and CFO, Steve Zabel, will represent the company at the 23rd Annual Barclays Financial Services Conference. McKenney and Zabel are scheduled to speak at the conference at 4:15 p.m. ET on Tuesday, September 9, 2025. They will discuss the company’s business strategy and future growth prospects. A live audio webcast of the presentation will be available on the Investors section of Unum’
AM Best Releases Revised Criteria Procedure: ‘Rating Captives and Other Alternative Risk Transfer Entities’
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has released its revised criteria procedure “Rating Captives and Other Alternative Risk Transfer Entities,” (formerly known as “Alternative Risk Transfer”) which is effective immediately. AM Best initiated a Call for Comment (CFC) related to this criteria procedure on Dec. 2, 2024 and the comment period closed on Feb. 20, 2025. In the final version of the revised criteria procedure, AM Best establishes a path to assigning Issuer Credit Ratings (ICR) and F
UBS Advisor Daniel Green Named to the Forbes Top Next-Gen Wealth Advisors Best-in-State List
KNOXVILLE, Tenn.--(BUSINESS WIRE)--UBS Global Wealth Management US announced today that Daniel P. Green, Financial Advisor in the firm’s Knoxville, Tennessee office, has been named to the Forbes Top Next-Gen Wealth Advisors Best-in-State list for 2025, ranking #2 in Tennessee. “We are incredibly proud to see Daniel recognized again by Forbes as a top next-gen advisor in Tennessee,” said Chris Cannon, UBS East Tennessee Market Director at UBS Global Wealth Management. “This achievement reflects
USA TODAY Sports Announces ALL-USA TODAY
New York, NY--(BUSINESS WIRE)--USA TODAY Sports, part of Gannett Co., Inc. (NYSE: GCI) announced 2025 ALL-USA Football Teams, a recognition of the best high school football athletes in the country. The program leverages the unmatched high school football coverage of the USA TODAY Network comprised of more than 200 publications across the nation. USA TODAY Sports recognizes distinguished teams and players, celebrating the next generation of gridiron greats with everything from video highlights t
Hammes Partners Exceeds Target for Core-Plus Healthcare Real Estate Initiative Closing $445 Million in Equity
MILWAUKEE--(BUSINESS WIRE)--Hammes Partners announced the closing of $445 million in equity commitments for its core-plus healthcare real estate platform.
Automotive Refinancing Grows Nearly 70% From a Year Ago, According to a New Report From Experian Automotive
SCHAUMBURG, Ill.--(BUSINESS WIRE)--With interest rates leveling out, consumers are looking for ways to secure more favorable vehicle financing terms. According to Experian’s (LSE: EXPN) State of the Automotive Finance Market Report: Q2 2025, the volume of automotive refinances increased nearly 70% from a year ago. A closer analysis revealed consumers saved just over 2% on their interest rates after refinancing their vehicle in Q2 2025, with the average interest rate dropping from 10.45% to 8.45
Franklin Templeton Launches Franklin Multisector Income ETF (MULT)
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today announced the launch of the Franklin Multisector Income ETF (Nasdaq: MULT), a new actively managed exchange-traded fund designed to pursue diversified income and long-term capital appreciation. The fund aims to offer investors dynamic exposure to a broad opportunity set across global fixed income markets, while maintaining a disciplined risk management framework. “MULT brings together the depth and specialization of our fixed income p
SNAP INVESTORS DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that Snap Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
SAN DIEGO--(BUSINESS WIRE)--The suit alleges defendants issued false statements concerning Snap business and prospects resulting in its stock trading at inflated prices.
Judge Edmund A. Sargus Jr. to Receive the 2025 American Inns of Court Professionalism Award for the Sixth Circuit
ALEXANDRIA, Va.--(BUSINESS WIRE)-- #6thCircuit--Judge Edmund A. Sargus Jr., selected to receive prestigious 2025 American Inns of Court Professionalism Award for the 6th Circuit.
DataVisor Launches the Industry’s First Fully Unified, AI-powered SAR Filing Solution
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--DataVisor, the world’s leading AI-powered fraud and risk platform, today unveiled an upgrade to its anti-money laundering (AML) platform with the launch of the industry’s first fully unified AI-powered Suspicious Activity Report (SAR) solution. This capability extends DataVisor’s AML platform, recently named a Leader in The Forrester Wave™: Anti-Money-Laundering Solutions, Q2 2025, introducing AI-generated SAR narratives, automated field population, direc
Thryv Selected for Constellation ShortList™ for B2B Marketing Automation Platforms for Small & Midsize Businesses
DALLAS--(BUSINESS WIRE)--Thryv® (NASDAQ: THRY), the provider of the leading small business software platform, announced today it earned a spot on Constellation Research’s prestigious 2025 ShortList™ for Marketing Automations for Small and Midsize Business. One of just eight companies to make the list, Thryv’s marketing automations provide an array of features, including lead scoring, email marketing automation, and payments integration, powering the process of growing and sustaining strong cust
T-Mobile for Business Launches National Ad Campaign Starring Kevin Bacon
BELLEVUE, Wash.--(BUSINESS WIRE)--T-Mobile (NASDAQ: TMUS) today unveiled its latest national ad campaign starring award-winning actor Kevin Bacon, to support the launch of SuperMobile — the first-of-its-kind business phone plan that combines intelligent performance, built-in security and seamless satellite coverage on America’s Best Mobile Network. The new spot follows Bacon behind the same desk as it appears in unexpected places — from a desert to a beach to a busy commuter train. Each scene h
Brent R. Phillips Expands Litigation Practice with Strategic New Hires and Growing Client Portfolio
SANTA ANA, Calif.--(BUSINESS WIRE)--Following renewed recognition for his litigation excellence, Brent R. Phillips, founding partner of Phillips Law Corporation, today announced a strategic expansion of his practice to meet rising demand for trial-tested representation. The firm recently welcomed two new senior litigators with deep expertise in employment defense and directors’ and officers’ liability, strengthening its ability to respond rapidly to complex disputes. These additions come as Phi