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AM Best Affirms Credit Ratings for Palomar Holdings, Inc. and Member Companies; Revises Outlooks to Positive for First Indemnity of America Insurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb” (Good) of Palomar Holdings, Inc. (Palomar) (Delaware) [NASDAQ: PLMR], the ultimate parent and insurance holding company of Palomar Specialty Insurance Company (PSIC) (Portland, OR), Palomar Excess and Surplus Insurance Company (PESIC) (Phoenix, AZ) and Palomar Specialty Reinsurance Company Bermuda Ltd. (Palomar Re) (Bermuda). Concurrently, AM Best has affirmed the Financial Strength
POTBELLY INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Potbelly Corporation - PBPB
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Potbelly Corporation (NasdaqGS: PBPB) to RaceTrac, Inc. Under the terms of the proposed transaction, shareholders of Potbelly will receive $17.12 in cash for each share of Potbelly that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate,
TOURMALINE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tourmaline Bio, Inc. - TRML
NEW YORK CITY & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tourmaline Bio, Inc. (NasdaqGS: TRML) to Novartis AG. Under the terms of the proposed transaction, shareholders of Tourmaline will receive $48.00 in cash for each share of Tourmaline that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequat
Graham Holdings Company Declares Regular Quarterly Dividend
ARLINGTON, Va.--(BUSINESS WIRE)--Graham Holdings Company (NYSE: GHC) today declared a regular quarterly dividend of $1.80 per share, payable on November 6, 2025, to shareholders of record on October 16, 2025.
Delfi Launches Optimal Duration Index (ODIN): A New Compass for Lending Decisions
NEW YORK--(BUSINESS WIRE)--Delfi, the AI-native risk management platform for financial institutions, has introduced the Optimal Duration Index (ODIN), a benchmark designed to bring clarity to loan origination decisions in today’s uncertain interest rate environment. ODIN is powered by Delfi’s Overwatch analytics engine, which runs high-fidelity simulations of financial institutions’ balance sheets to pinpoint the loan portfolio duration that maximizes profitability. The inaugural reading indica
Pinnacle Is a Top 3 Financial Services Firm to Work For
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners (Nasdaq/NGS: PNFP) has landed at No. 3 on the list of the nation’s Best Large Workplaces in Financial Services and Insurance by FORTUNE magazine and Great Place to Work® in the large company category. The firm held the No. 3 spot in 2024. This marks the ninth consecutive year Pinnacle has earned this recognition, alongside much larger institutions Synchrony and American Express, reinforcing Pinnacle’s national reputation as a magnet
Saxton & Stump Founding CEO James W. Saxton to Step Down; Business Lawyer Thomas J. Kent, Jr. to Become CEO Effective January 1, 2026
LANCASTER, Pa.--(BUSINESS WIRE)-- #ceo--Saxton & Stump founding CEO James W. Saxton to step down; business lawyer Thomas J. Kent, Jr. to become CEO effective January 1, 2026
Graycliff Partners Invests in Vytex
NEW YORK--(BUSINESS WIRE)--Graycliff Partners is pleased to announce its investment in Vytex, LLC (“Vytex”), a manufacturer of customized vinyl windows and patio doors for the residential replacement and remodeling industry. Founded in 1988, Vytex has been a trusted name in home renovation for nearly four decades, delivering innovative, high-performance vinyl windows and patio doors. Its product portfolio includes the Georgetown, Fortis, and Potomac window series, along with the Signature line
Xylem and Amazon Partner on Smart Water Upgrades to Save More Than 1.3 Billion Liters Annually in Mexico
MEXICO CITY--(BUSINESS WIRE)-- #LetsSolveWater--Xylem and Amazon are working together with local water utilities to save water and improve supply for residents in Monterrey and Mexico City.
Hazeltree Report: Large-Cap Tech Shorts Rise, Index Hedges Reappear; EMEA/APAC See Sharp Utilization Spikes
NEW YORK & LONDON--(BUSINESS WIRE)--As new U.S. tariffs took effect in August, hedge funds increased short positions in large-cap tech and indexed names while select EMEA/APAC names showed acute utilization spikes, which could signify a potential short squeeze that sometimes accompanies high utilization and fees according to Hazeltree, a leading provider of integrated treasury and liquidity management solutions for alternative asset managers. Short interest in large-cap tech names in the Americ
SmartMoving Supercharges Sales for Movers with New AI and Marketing Tools
DALLAS--(BUSINESS WIRE)--SmartMoving, the Inc. 5000-ranked profitability platform built for moving companies, today announced the launch of Smart Scout and Smart Marketing. These new features help movers capture more leads, convert faster, and boost revenue without adding headcount or juggling third-party tools. Built directly into SmartMoving’s all-in-one system, Smart Scout and Smart Marketing give movers a full sales and marketing engine that runs while they work. “In this business, the comp
Monte Carlo Appoints Former Grafana Labs, AppDynamics Executive Wayne Jin as Chief Marketing Officer
SAN FRANCISCO--(BUSINESS WIRE)--Monte Carlo, the data + AI observability leader, today announced the appointment of Wayne Jin as Chief Marketing Officer. With over two decades of experience leading marketing and growth initiatives at category-defining technology companies, Jin will spearhead Monte Carlo’s global marketing strategy as the company continues to scale and support its customers in the evolution of data + AI reliability. In this role, Jin will oversee all marketing initiatives includ
AM Best Affirms Credit Ratings of Jupiter Insurance Limited
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and Long-Term Issuer Credit Rating of “a” (Excellent) of Jupiter Insurance Limited (Jupiter) (Guernsey), a captive insurer of BP p.l.c. (bp) [NYSE: BP], an integrated global energy company. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Jupiter’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business prof
1Kosmos Ranked Highest for Workforce Use Cases in 2025 Gartner® Critical Capabilities for Identity Verification Report
ISELIN, N.J.--(BUSINESS WIRE)-- #Blockchain--1Kosmos delivers a multi-modal, continuous, and adaptive workforce identity verification platform that adjusts to business risk and context.
Personetics Launches MCP Server—Enabling Banks to Develop Agentic AI Applications Using Customer Financial Intelligence Data
NEW YORK--(BUSINESS WIRE)--Personetics, the global leader in AI-driven Cognitive Banking, today announced the launch of Personetics MCP Server, which enables banks to develop and deploy Agentic AI applications leveraging Personetics’ sophisticated financial models and actionable insights. With the MCP (Model Context Protocol) Server, banks gain direct access to Personetics’ capabilities—including financial behavior analysis, predictive analytics, and contextual engagement frameworks—through a s
The More Women Earn, the Less They Like Their Benefits
PORTLAND, Ore.--(BUSINESS WIRE)--The Standard’s latest research on women, families and money reveals that as women see their incomes increase, they feel more confident about personal finance. But with those gains, they’re also less happy about their employee benefits. Women Who Earn More Are Less Satisfied With Their Benefits looks at women’s perceptions of their financial savvy. The study also explores the impact of higher income and financial literacy on how women view benefits and what that
Candescent Appoints Donald Chesnut as Chief Design Officer to Drive Digital Innovation
ATLANTA--(BUSINESS WIRE)--Candescent appoints Donald Chesnut as Chief Design Officer to drive digital innovation.
Most and Least Expensive U.S. Cities for Household Bills Revealed in New Report
SEATTLE--(BUSINESS WIRE)--A new report from doxo reveals where Americans are paying the most and least for household bills by city. The doxoINSIGHTS 50 Largest U.S. Cities Household Spend Report 2025 analyzes actual bill payment data from millions of U.S. households, showing that residents of San Jose, California face the highest costs while those in Cleveland, Ohio enjoy the lowest. The report, which reflects real bill payments across more than 97% of U.S. zip codes, finds that the median U.S.
8x8 and ULAP Networks Partner to Accelerate Business Growth in Regulated Markets
CAMPBELL, Calif.--(BUSINESS WIRE)--8x8, Inc. (NASDAQ: EGHT) and ULAP Networks announce strategic partnership to streamline compliance and accelerate global deployments
91% of Wealth Managers Have AI Ambitions–And Concerns. Eton Solutions’ AI Platform Addresses Both.
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Eton Solutions, the wealth management platform that manages over $1.3 trillion in assets, made its AI platform EtonAI™ widely available to PE, RIA and family office users. EtonAI™ is now the only AI tool that integrates directly into wealth managers’ workflows to automate the manual processes that occupy the majority of their time–from onboarding new entities and securities to bill pay, month-end reconciliations, tax processing and beyond. It is ad
