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AM Best Affirms Credit Ratings of United Fire Group, Inc. and Its Property/Casualty Subsidiaries

Thu, 08/15/2024 - 18:03
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the property/casualty (P/C) subsidiaries of United Fire Group, Inc. (UFG) [NASDAQ: UFCS] (collectively known as United Fire & Casualty Group), which operate under an intercompany pooling agreement led by United Fire & Casualty Company. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” (Good)

The Law Offices of Frank R. Cruz Announces Investigation of Globus Medical, Inc. (GMED) on Behalf of Investors

Thu, 08/15/2024 - 18:03
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Globus Medical, Inc. (“Globus Medical” or the “Company”) (NYSE: GMED) on behalf of investors concerning the Company’s possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On August 13, 2024, the FDA published a warning letter to Globus Medical regarding an inspection of the Company’s Class II Excelsius GPS (EGPS) surgical robot, stating

The Best Lawyers in America Honors 17 Orsinger Nelson Downing & Anderson Attorneys

Thu, 08/15/2024 - 18:03
DALLAS--(BUSINESS WIRE)--Orsinger Nelson Downing & Anderson (ONDA), one of the largest family law firms in Texas, is pleased to announce that 17 of the firm’s attorneys have been named to The Best Lawyers in America and Best Lawyers: Ones to Watch. In addition, ONDA is Top-Listed in Frisco for having the most family lawyers recognized in the 2025 edition. The legal guide’s 2025 edition also recognized firm founder Richard Orsinger as family law “Lawyer of the Year” in San Antonio and recogn

AM Best Affirms Credit Ratings of AMERISAFE, Inc. and Its Operating Subsidiaries

Thu, 08/15/2024 - 18:03
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of American Interstate Insurance Company (Omaha, NE), Silver Oak Casualty, Inc. (Omaha, NE) and American Interstate Insurance Company of Texas (Austin, TX) (collectively referred to as AMERISAFE Insurance Group). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of AMERISAFE, Inc. (headquartered in DeR

Generational Group Advises Milwaukee Direct Marketing, Inc. dba MDM Fundraising in its Sale to RKD Group

Thu, 08/15/2024 - 18:03
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, Milwaukee Direct Marketing, Inc. dba MDM Fundraising, Inc. to RKD Group. The acquisition closed April 30, 2024. Located in Brookfield, Wisconsin, MDM Fundraising, an RKD Group company, is a Christian fundraising and marketing agency specializing in serving Gospel Rescue Missions and Ministries. With more than four decades of

The Law Offices of Frank L. Branson’s Attorneys Listed Among The Best Lawyers in America

Thu, 08/15/2024 - 18:03
DALLAS--(BUSINESS WIRE)--The 2025 edition of The Best Lawyers in America has named five attorneys with The Law Offices of Frank L. Branson to its list of the nation’s top lawyers for excellence in work for plaintiffs. Firm founder Frank L. Branson is recognized for his success in personal injury, product liability, professional malpractice cases, medical malpractice, and commercial litigation. Mr. Branson is among an elite group of practitioners who have been honored by Best Lawyers annually si

JPMorganChase Declares Preferred Stock Dividends

Thu, 08/15/2024 - 18:03
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) (“JPMorganChase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series X and II preferred stock. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news. JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorganChase had $4.1 trillion in assets and $341

Simon Greenstone Panatier Attorneys Earn Best Lawyers Recognition

Thu, 08/15/2024 - 18:03
DALLAS--(BUSINESS WIRE)--Four attorneys from the personal injury law firm Simon Greenstone Panatier, PC, have earned recognition from The Best Lawyers in America for 2025. Firm co-founders Jeffrey B. Simon and Chris Panatier were selected for their success representing plaintiffs in mass tort and class action litigation. Dallas shareholder Charles E. Soechting Jr. was honored for his work on behalf of plaintiffs in personal injury litigation. Only the top 5% of eligible American lawyers are rec

MetLife Declares Third Quarter 2024 Preferred Stock Dividends

Thu, 08/15/2024 - 18:03
NEW YORK--(BUSINESS WIRE)--MetLife, Inc. (NYSE: MET) today announced that it has declared the following preferred stock dividends: Quarterly dividend of $0.41713578 per share on the company’s floating rate non-cumulative preferred stock, Series A, with a liquidation preference of $25 per share (NYSE: MET PRA). Semi-annual dividend of $29.375 per share on the company’s 5.875% fixed-to-floating rate non-cumulative preferred stock, Series D, with a liquidation preference of $1,000 per share. Quart

Cathay General Bancorp Declares $0.34 Per Share Dividend

Thu, 08/15/2024 - 18:03
LOS ANGELES--(BUSINESS WIRE)--Cathay General Bancorp (Nasdaq: CATY) announced that its Board of Directors declared a cash dividend of thirty-four cents per common share, payable on September 9, 2024, to stockholders of record at the close of business on August 29, 2024. ABOUT CATHAY GENERAL BANCORP Cathay General Bancorp is a publicly traded company (Nasdaq: CATY) and is the holding company for Cathay Bank, a state-chartered bank. Cathay General Bancorp’s website is at www.cathaygeneralbancorp.

The St. Joe Company Announces New Homebuilder Relationships With Holiday Builders and Harris Doyle Homes

Thu, 08/15/2024 - 18:03
PANAMA CITY BEACH, Fla.--(BUSINESS WIRE)--The St. Joe Company (NYSE: JOE) (“St. Joe”) announces new homebuilder relationships with Holiday Builders and Harris Doyle Homes. With the addition of these regional homebuilders, St. Joe’s builder program now includes 19 builders within its residential portfolio of 16 active communities throughout Northwest Florida. Holiday Builders, headquartered in Melbourne, Florida, recently executed a contract with St. Joe for the purchase of homesites in St. Joe’

Morgan Stanley Declares Dividends on Its Preferred Stock

Thu, 08/15/2024 - 18:03
NEW YORK--(BUSINESS WIRE)--Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues: Floating Rate Non-Cumulative Preferred Stock, Series A - $400.13 per share (equivalent to $0.400135 per Depositary Share) 10 Percent Non-Cumulative Non-Voting Perpetual Preferred Stock, Series C - $25.00 per share Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series E - $455.21 per share (equivalent to $0.455208 per Depositary Share) Fix

Monsanto Wins Third Circuit Court of Appeals Ruling in Schaffner v. Monsanto

Thu, 08/15/2024 - 18:03
WHIPPANY, N.J.--(BUSINESS WIRE)--Today, the Third Circuit Court of Appeals issued its ruling in Monsanto’s favor in the Schaffner v. Monsanto case, unanimously finding that the state-based failure-to-warn claims in this case are expressly preempted by the FIFRA statute. This decision creates a circuit split with prior decisions of the Ninth and Eleventh Circuits on the central legal issues in the Roundup litigation and underscores the need for consistency on this important topic from a federal

Milliman analysis: Multiemployer pensions reach highest aggregate funding level since 2007

Thu, 08/15/2024 - 18:03
SEATTLE--(BUSINESS WIRE)--Milliman has just released the midyear results of its Multiemployer Pension Funding Study.

Prudential Financial, Inc. to Participate in 2024 KBW Insurance Conference; Live Webcast Available

Thu, 08/15/2024 - 18:03
NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) will participate in the 2024 KBW Insurance Conference on Wednesday, September 4, 2024. On that day at approximately 10:50 a.m. ET, Charles Lowrey, chairman and CEO, will participate in an analyst-led fireside chat. Interested parties may listen to the presentation through a live audio webcast on Prudential Financial’s Investor Relations website at investor.prudential.com. Please log on at least 15 minutes early to register, d

Xylem Inc. Declares Third Quarter Dividend of 36 Cents per Share

Thu, 08/15/2024 - 18:03
WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--The Board of Directors of Xylem Inc. (NYSE: XYL), has declared a third quarter dividend of $0.36 per share payable on Sept. 26, 2024, to shareholders of record as of Aug. 29, 2024. About Xylem Xylem (XYL) is a Fortune 500 global water solutions company that empowers customers and communities to build a more water-secure world. Our 23,000 diverse employees delivered combined pro forma revenue of $8.1 billion in 2023, optimizing water and resource management with inno

Braze to Report Second Quarter Fiscal 2025 Results

Thu, 08/15/2024 - 18:03
NEW YORK--(BUSINESS WIRE)--Braze (NASDAQ: BRZE), the leading customer engagement platform that empowers brands to Be Absolutely Engaging™, today announced it will release its financial results for the second quarter of fiscal year 2025, ended July 31, 2024, after U.S. financial markets close on Thursday, September 5, 2024. Braze will host a webcast conference call to discuss its financial results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section

Brighthouse Financial Announces Preferred Stock Dividends and Related Depositary Share Distributions

Thu, 08/15/2024 - 18:03
CHARLOTTE, N.C.--(BUSINESS WIRE)--Brighthouse Financial, Inc. (“Brighthouse Financial” or the “company”) (Nasdaq: BHF) announced today that on September 25, 2024, holders of record as of September 10, 2024 (the “Record Date”) of (i) its depositary shares (the “Series A Depositary Shares” (Nasdaq: BHFAP)), each representing a 1/1,000th interest in a share of its 6.600% Non-Cumulative Preferred Stock, Series A (the “Series A Preferred Stock”), (ii) its depositary shares (the “Series B Depositary

Voya Equity Closed End Funds Declare Distributions

Thu, 08/15/2024 - 18:03
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today the distributions on the common shares of five of its closed-end funds: Voya Global Advantage and Premium Opportunity Fund (NYSE: IGA), Voya Global Equity Dividend and Premium Opportunity Fund (NYSE: IGD), Voya Infrastructure, Industrials and Materials Fund (NYSE: IDE), Voya Asia Pacific High Dividend Equity Income Fund (NYSE: IAE), and Voya Emergin

Muncy Columbia Financial Corporation Declares Dividend

Thu, 08/15/2024 - 18:03
BLOOMSBURG, Pa.--(BUSINESS WIRE)--Muncy Columbia Financial Corporation (“Corporation”) (OTCQX: CCFN), parent company of Journey Bank (”Bank”), announced that on August 13, 2024, the Corporation’s Board of Directors declared a regular quarterly cash dividend. Dividend Declared On August 13, 2024, the Corporation’s Board of Directors declared a regular quarterly cash dividend of $0.44 per share for the third quarter of 2024. The dividend is payable on September 12, 2024, to shareholders of record

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