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Johnson Fistel Announces It Has Initiated a Class Action Investigation Into Aviat Networks

Thu, 09/12/2024 - 12:24
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP is investigating whether Aviat or any of its executive officers or others violated securities laws.

Best’s Market Segment Report: US Workers’ Compensation Insurance Segment Continues Winning Streak

Thu, 09/12/2024 - 12:24
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--The workers’ compensation segment continues to outperform every other line of business in the U.S. property/casualty (P/C) industry, bolstered by ongoing declines in loss frequency and favorable reserve development, according to a new AM Best report. The Best’s Market Segment Report, “Workers’ Compensation Segment’s Winning Streak Continues,” notes that the workers’ compensation line has been more profitable than any other personal or commercial line of business

AM Best Downgrades Credit Ratings of Universal Life Insurance Company

Thu, 09/12/2024 - 12:24
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Universal Life Insurance Company (ULICO) (Guaynabo, PR). In addition, AM Best has revised the outlooks to stable from negative. The Credit Ratings (ratings) reflect ULICO’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and m

Govplace Ranked #1 on Best Companies to Work for in Maryland 2024

Thu, 09/12/2024 - 12:24
BETHESDA, Md.--(BUSINESS WIRE)--The Daily Record has named Bethesda-based Information Technology solutions provider Govplace as No. 1 on its esteemed “The 2024 Best Companies to Work for in Maryland” list. This annual list is a notable recognition celebrating organizations committed to excellence. This is Govplace’s second consecutive year ranking in the top five of this prestigious list. Govplace’s dynamic, people-first culture drives everything we do, from designing and implementing secure IT

Crist Kolder Associates Announces Maggie Noon as Analyst, Bringing Dynamic Leadership, Performance Excellence, and Teamwork to the Firm

Thu, 09/12/2024 - 12:24
CHICAGO--(BUSINESS WIRE)--Crist Kolder Associates is delighted to announce the addition of Maggie Noon as an Analyst within its core Executive Search team. Maggie most recently served as Director of Operations at Duly Health and Care, where she demonstrated exceptional leadership, managing a team of 400 clinical providers and staff across multiple specialty departments. Her ability to drive operational excellence and optimize workflows in a highly complex, private equity-owned environment has g

Andrew Barnes Joins Wells Fargo Commercial Banking Team to Lead the Military and Veteran Segment

Thu, 09/12/2024 - 12:24
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company announces Andrew Barnes as the first Military and Veteran segment leader for the Commercial Banking Diverse Segments team.

Maximus Awarded $40 Million Task Order Under IRS Transformational Enterprise Development, Operations Service (EDOS) Contract

Thu, 09/12/2024 - 12:24
TYSONS, Va.--(BUSINESS WIRE)--Maximus announces it has been awarded a five-year, $40 million task order for the IRS Enterprise Data Platform (EDP)

Ryan Named to Fortune 2024 Best Workplaces in Consulting & Professional Services™ List

Thu, 09/12/2024 - 12:24
DALLAS--(BUSINESS WIRE)--Ryan, a leading global tax services firm and software provider, is pleased to announce the Firm has been named to the 2024 Best Workplaces in Consulting & Professional Services™ list by Fortune magazine and Great Place To Work®. This is the eighth consecutive year Ryan has been named to this esteemed list, ranking 14th among 25 companies. "Being recognized as a best workplace is a testament to every person at Ryan and the outstanding environment they’ve created,” sa

AM Best Affirms Credit Ratings of COSCO SHIPPING Captive Insurance Co., Ltd.

Thu, 09/12/2024 - 12:24
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of COSCO SHIPPING Captive Insurance Co., Ltd. (COSCO SHIPPING Captive) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect COSCO SHIPPING Captive’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise r

Grant Thornton survey: M&A professionals predict a rise in deal volume

Thu, 09/12/2024 - 12:24
CHICAGO--(BUSINESS WIRE)--A new survey from Grant Thornton, one of America’s largest brands of professionals providing end-to-end audit, assurance, tax, and advisory services, shows that professionals in the mergers and acquisitions (M&A) space are predicting an increase in deal volume, even with the uncertainty of the looming U.S. presidential election. The survey, which polled 255 M&A professionals, found predictions of a rise in deal volume over the next 6 months, according to 67% of

FINRA Announces Results of Board of Governors Elections

Thu, 09/12/2024 - 12:24
WASHINGTON--(BUSINESS WIRE)--FINRA announced today the results of its election of three Governors to its Board of Governors during the annual meeting of FINRA member firms on Wednesday. The elected Governors include: Large Firm Governor — John Vaccaro, Chair and CEO, MML Investors Services; Head of MassMutual Financial Advisors Mid-Size Firm Governor — James Crowley, CEO, Pershing Advisor Solutions; Senior Executive Vice President, Global Head of BNY Pershing Small Firm Governor — Jennifer Szar

Cintas Directors Named to Most Influential Corporate Directors List

Thu, 09/12/2024 - 12:24
CINCINNATI--(BUSINESS WIRE)--Two Board members were honored by Savoy Magazine for their exceptional leadership and influence on the company.

Focus Financial Partners Expands Relationship with CAIS to Scale and Centralize Alternative Investment Offerings

Thu, 09/12/2024 - 12:24
NEW YORK--(BUSINESS WIRE)--CAIS, the leading alternative investment platform for independent financial advisors, announced today an expanded relationship with Focus Financial Partners Inc. (“Focus”), a leading partnership of fiduciary wealth management firms that collectively oversee more than $400B in client assets. This expanded relationship makes CAIS the preferred provider to consolidate Focus’ alternative investment offerings, processes, and data management onto a single operating system.

CloudPay Strengthens Payroll Solutions with New Workday Integration, Driving Global Payroll Innovation

Thu, 09/12/2024 - 12:24
RALEIGH, N.C.--(BUSINESS WIRE)-- #Integration--CloudPay, the leader in global payroll and payment solutions, has teamed up with Workday, Inc. (NASDAQ: WDAY) to launch the highly anticipated Global Payroll Connect solution. This new offering will deliver a best-in-class, end-to-end global payroll experience, ensuring customers benefit from industry-leading, integrated and efficient solutions. Since 2012, CloudPay has been a trusted partner of Workday, setting the standard in payroll integration innovation. As

Pacific Life Announces New Disability Insurance Products to Employee Benefits Lineup

Thu, 09/12/2024 - 12:24
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life’s Workforce Benefits business today announced the addition of two new disability insurance products to its portfolio. These coverages allow employers to provide their employees with added paycheck protection if they’re unable to work. “We’re excited to launch our short-term and long-term disability insurance products, marking a significant expansion of our product portfolio,” said Erich Sternberg, senior vice president and head of Pacific Lif

UKG Launches Global Operations Hub in Ireland

Thu, 09/12/2024 - 12:24
KILKENNY, Ireland--(BUSINESS WIRE)--UKG, a leading provider of HR, payroll, workforce management, and culture solutions and the largest U.S.-based private software company in the world, today announced the establishment of its newest Global Operations Hub in Kilkenny, Ireland. In partnership with the Irish government through IDA Ireland, a government agency under Ireland’s Department of Enterprise, Trade, and Employment, UKG plans to hire approximately 200 new roles in the country, with a focus

JAG Management Company Expands in North Carolina with 1,400 Units

Thu, 09/12/2024 - 12:24
CHARLOTTE, N.C.--(BUSINESS WIRE)--Executing on an expansion strategy, JAG Management Company, an affiliate of Jefferson Apartment Group (JAG), is pleased to announce it has expanded its property management portfolio with the addition of nearly 1,400 units in North Carolina. JAG has assumed management of J501 Estates, a 240-unit community in Durham central to both Duke University and University of North Carolina. The community was a JAG acquisition – its first in North Carolina – in a deal with

MetLife Sponsors Third Annual Toyota HBCUNY Classic Presented by Walmart at MetLife Stadium

Thu, 09/12/2024 - 12:24
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced it is partnering with the Toyota HBCUNY Classic presented by Walmart for the third consecutive year. Featuring a matchup of renowned HBCU schools Howard University and Morehouse College, the football game will take place at MetLife Stadium on September 14, 2024, at 3:00 p.m. ET. The event marks the start of HBCU homecoming week and will showcase spectacular drumline performances and a battle of the bands between the participat

The Hackett Group Recognized as Regional Partner of the Year (EMEA) by Coupa

Thu, 09/12/2024 - 12:24
MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT) is delighted to announce it has been named Coupa EMEA Partner of the Year. This recognition honors The Hackett Group’s EMEA Coupa implementation team for their outstanding performance in driving project execution and the most successful go-lives over the past year. “This achievement was made possible by the exceptional dedication of our team who consistently prioritized our clients’ needs and focused on delivering tangible value, ra

Summit Park Leads Recapitalization of Thrust Flight

Thu, 09/12/2024 - 12:24
CHARLOTTE, N.C. & ADDISON, Texas--(BUSINESS WIRE)--Summit Park is pleased to announce the recapitalization of Thrust Flight (“Thrust” or the “Company”), a provider of professional flight training services, in partnership with Founder and CEO, Patrick Arnzen, management, and AltitudeX Aviation (“AltitudeX”). The transaction marks Summit Park’s fifth platform investment in its fourth fund, Summit Park IV, L.P. Headquartered in Addison, Texas, Thrust is a flight training school focused on serving

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