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Best’s Market Segment Report: Weather-Related Losses Continue to Fuel Volatility for Canada’s Property/Casualty Insurers; AM Best Maintains Stable Outlook on Sector

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Despite a manageable level of catastrophe activity during the first half of 2024, Canada’s property/casualty (P/C) insurers faced four major events in this year’s third quarter which should lead to another record year for losses, according to a new AM Best report. Losses due to catastrophe events in 2023 are estimated to have reached CAD 3.1 billion, making it one of the five worst catastrophe years on record, trailing only inflation-adjusted catastrophe losses i

Donaldson Announces Official Partnership with the 2026 Special Olympics USA Games

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
MINNEAPOLIS--(BUSINESS WIRE)-- #inclusion--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, announced that it has committed to be a partner of the 2026 Special Olympics USA Games set to take place in June 2026 in Minneapolis, Minnesota. “At Donaldson, we strive to positively impact the communities in which we live and work,” said Tod Carpenter, chairman, president and chief executive officer. “Partnering with the 2026 Special Olympics USA Gam

Phenom Talent CRM Wins Best Use of AI in HR by The 2024 A.I. Awards

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--Phenom Talent CRM Wins Best Use of AI in HR by The 2024 A.I. Awards

Orion Ascent 2025: Going “All In” to Provide Insights, Technology and Strategies to Empower Advisors

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
OMAHA, Neb.--(BUSINESS WIRE)--Orion, the premier provider of transformative wealthtech solutions for financial advisors and the enterprise firms that serve them, today announced several of the featured keynote speakers along with the full agenda for Orion Ascent 2025. Attendees can now explore all available sessions here. With over 1,500 expected participants, including firm leaders, enterprise executives, and top advisors, the event will take place February 3-6, 2025, at the Hyatt Regency Orla

Municipal Markets Expert Tom Vales Joins BAM Board of Directors

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
NEW YORK--(BUSINESS WIRE)--BAM Mutual today announced that municipal bond electronic trading expert Tom Vales will join the Board as an independent director representing BAM’s municipal issuer-members. Mr. Vales was elected to fill the unexpired term of John White, who is retiring. “Tom’s career has been about making fixed-income markets more transparent and efficient,” said Seán W. McCarthy, Chief Executive Officer of BAM. “His perspective on the markets and knowledge about emerging technologi

Razorfish Unveils the Razorfish Beta Lab and Its Suite of AI Tools

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
NEW YORK--(BUSINESS WIRE)--Marketing transformation leader Razorfish today announced the rollout of the Razorfish Beta Lab, a thought leadership and innovation hub of people and products that explores the intersection of new ideas and technologies. The Razorfish Beta Lab focuses on executable, brand-safe generative AI use cases, taking a practical and actionable approach to this often-hyped technology in two core areas: content creation and experience building. “In this rapidly changing world,

John Marshall Bancorp, Inc. Reports Core Deposit and Loan Growth

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
RESTON, Va.--(BUSINESS WIRE)--John Marshall Bancorp, Inc. (Nasdaq: JMSB) (the “Company”), parent company of John Marshall Bank (the “Bank”), reported net income of $4.2 million ($0.30 per diluted common share) for the quarter ended September 30, 2024, compared to net income of $3.9 million ($0.27 per diluted common share) for the quarter ended June 30, 2024 and a net loss of $10.1 million ($(0.72) per diluted common share) for the quarter ended September 30, 2023. The loss for the quarter ended

Best’s Special Report: Anticipated 2025 Growth in Canada’s Gross Domestic Product Should be a Tailwind for Insurers

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Canada’s economy continues to grow, supported by a still favorable labor market, rising asset prices and falling inflation, according to a new AM Best report. However, population growth has started to outpace job creation, resulting in wage growth slowing and the unemployment rate increasing. Housing affordability also remains a concern, given the significant increase in home prices, according to a recently issued Best’s Special Report on Canada’s economy. In 202

PortX Joins the Jack Henry™ Vendor Integration Program

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
SEATTLE--(BUSINESS WIRE)-- #banking--PortX, a leading financial infrastructure and integration technology company that provides open access to the core and drives innovation for financial institutions with its integration-platform-as-a-service (iPaaS), Fintech Hub, today announced that it has joined the Jack Henry™ Vendor Integration Program (VIP). Participation in the program will provide PortX with access to Jack Henry’s technical resources to enable Fintech Hub to integrate with SilverLake® System and

Shareholder Alert: Ademi LLP Investigates Whether Ocuphire Pharma, Inc. Is Breaching Its Duties to Its Public Shareholders

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Ocuphire (Nasdaq: OCUP) for possible breaches of fiduciary duty and other violations of law in its transaction with Opus Genetics. Click here to learn how to join our investigation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you. In the transaction, Ocuphire will issue 5.2 million shares of its common stock and 14.1 thousand shares of its convertible preferred stock to existing stockholders of Opus Geneti

U.S. Businesses at a Crossroads: Preparing for Success Post-2024 Presidential Election

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
REDWOOD CITY, Calif.--(BUSINESS WIRE)-- #propelpvm--As the 2024 U.S. presidential election approaches, business leaders across the country are grappling with uncertainty about what the outcome will mean for their future. Propel Software, creator of the first product value management (PVM) platform for manufacturing, medical device, and consumer electronics industries, is advising U.S. leaders to focus on responsiveness for building long-term success regardless of who occupies the Oval Office in 2025. Ross M

OCC Welcomes Two New Members to Board of Directors

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
CHICAGO--(BUSINESS WIRE)--OCC announces the addition of the NYSE executive Mike West and former Citi executive Rachelle Keller to its Board of Directors.

Anzu Partners Welcomes Joey Clark as Principal and Senior Vice President of Capital Solutions

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
ATLANTA & BOSTON & SAN DIEGO & TAMPA, Fla. & WASHINGTON--(BUSINESS WIRE)--Joey Clark has joined Anzu Partners as Principal and Senior Vice President of Capital Solutions to support capital strategies for Anzu’s funds

Barings Supports Zabel’s New Platform Investment in Golden Ceramic Dental Lab

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
CHARLOTTE, N.C.--(BUSINESS WIRE)--Barings, one of the world’s leading investment managers, today announced that it has served as lead agent, sole lender, and minority equity investor to provide financing support for The Zabel Companies’ (“Zabel”) purchase of Golden Ceramic Dental Lab (“GCDL” or “the Company”). Based in Prospect Heights, IL, GCDL is a leading full-service dental laboratory specializing in implants, removables, crowns and bridges, orthodontics, digital dentures, clear aligners, a

Leading forex broker tastyfx offers integration with TradingView

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
CHICAGO--(BUSINESS WIRE)--tastyfx announces today that it has integrated with TradingView, the leading charting platform for traders.

iConnections Global Alts Asia to Convene Leading Institutional Investors and Asset Managers

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
SINGAPORE--(BUSINESS WIRE)--iConnections, the leading platform for connecting the investment management industry, is set to host its highly anticipated Global Alts Asia event for the third consecutive year, bringing together an unparalleled roster of allocators, fund managers, and industry experts from around the world. The event, scheduled for 11-13 November in Marina Bay Sands in Singapore, will feature an impressive lineup of over 60 speakers, representing some of the most influential alloca

DAT iQ surpasses $1 trillion in freight transaction data

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
KANSAS CITY, Mo.--(BUSINESS WIRE)--DAT Freight & Analytics announced that the value of freight transactions analyzed by its DAT iQ platform now exceeds $1 trillion, affirming its position as the industry’s most comprehensive dataset for forecasting and benchmarking truckload, less-than-truckload, and intermodal pricing. Using invoices submitted by freight shippers and brokers, DAT iQ analyzes anonymized transactions to help freight brokers, shippers, and carriers understand and anticipate t

Schwab 401(k) Study: Employers Step Up to Help Workers Manage Financial Stress

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
WESTLAKE, Texas--(BUSINESS WIRE)-- #401k--SCHWAB 401(k) STUDY: EMPLOYERS STEP UP TO HELP WORKERS MANAGE FINANCIAL STRESS

Totavi Releases New Report on Data Aggregators for Fintech Product Builders

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
PASADENA, Calif.--(BUSINESS WIRE)--Totavi, a leading fintech consulting firm, today released a comprehensive report and evaluation of data aggregators, a critical component of the modern fintech ecosystem. The Data Aggregator Report provides deep insights into the evolving landscape and provides guidance for fintechs looking to select the right tools to power their products. The demand for data aggregation services has grown significantly with shifting consumer behaviors. With the majority of c

Xsolla Unveils COPPA and GDPR-K Certified Parental Controls, Enabling Developers to Implement Compliant Direct-to-Consumer Strategies

Lastest from Businesswire - Wed, 10/23/2024 - 09:54
LOS ANGELES--(BUSINESS WIRE)--Xsolla, a global video game commerce company, is proud to introduce its Parental Controls solution, now certified with the Children's Online Privacy Protection Rule (COPPA) and GDPR-K badges. Xsolla’s enhanced Parental Controls offer game developers an integrated solution to safeguard young gamers while enabling parents to manage and control their children's access to digital payments, ensuring secure transactions. As developers begin to embrace direct-to-consumer

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