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Calque and Mortgage Trust Work Together to Offer The Trade-In Mortgage

Thu, 08/08/2024 - 14:59
AUSTIN, Texas--(BUSINESS WIRE)--Lending solution provided by Mortgage Trust allows homeowners to use home equity to purchase their next residence without selling their current one.

Best's Review Examines Developments with Global Captive Domiciles

Thu, 08/08/2024 - 14:59
OLDWICK, N.J.--(BUSINESS WIRE)--The August issue of Best’s Review focuses on captives and their domiciles: “Courting Captives: Domiciles Seek To Win New Business” looks at the factors ramping up competition among captive insurance domiciles. “Leading AI Platforms Respond to Questions About Captive Insurance Domiciles” presents responses from three artificial intelligence large language models about captive domiciles and risks. Also included: “Standing the Test of Time – 2024 Edition” lists prop

KBRA Assigns Ratings to Tricon Residential 2024-SFR3

Thu, 08/08/2024 - 14:59
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings to four classes of Tricon Residential 2024-SFR3 (TCN 2024-SFR3) single-family rental pass-through certificates. TCN 2024-SFR3 is a single-borrower, single-family rental (SFR) securitization that will be collateralized by a $550.5 million loan secured by first priority mortgages on 2,223 income-producing single-family homes. The fixed-rate loan requires interest payments only over its five-year term. The subject transaction will be the 12th KBRA-ra

Xsolla Expands North American Footprint With Its First Canadian Office in Montreal

Thu, 08/08/2024 - 14:59
MONTREAL--(BUSINESS WIRE)--Xsolla, a global video game commerce company, announces the opening of its first Canadian office in Montreal in collaboration with GameAddik. This strategic expansion into one of North America's most dynamic tech hubs underscores Xsolla's dedication to innovation and its mission to better serve the burgeoning gaming industry and developers in Quebec and across Canada. Montreal has long been recognized for its dynamic gaming ecosystem and innovative tech community. By

STN Video Announces Enhanced Online Video Platform (OVP) for Publishers

Thu, 08/08/2024 - 11:59
NEW YORK--(BUSINESS WIRE)--STN Video unveils enhancements to its online video platform (OVP), leveraging tech capabilities of new parent Minute Media

ShareFile Streamlines Legal Workflows with New Features

Thu, 08/08/2024 - 11:59
RALEIGH, N.C.--(BUSINESS WIRE)--ShareFile, a business unit of Cloud Software Group, Inc., and the provider of the ShareFile® secure, collaborative client experience technology, announced today new enhancements to help law firms simplify everyday processes without sacrificing security or client experience. Designed specifically for legal professionals, these features help firms streamline workflows, protect client data with robust security protocols, and deliver an exceptional client experience

GVP Investigation Alert: Halper Sadeh LLC Is Investigating Whether the Sale of GSE Systems, Inc. Is Fair to Shareholders

Thu, 08/08/2024 - 11:59
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of GSE Systems, Inc. (NASDAQ: GVP) to Pelican Energy Partners for $4.10 per share in cash is fair to GSE shareholders. Halper Sadeh encourages GSE shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether GSE and its board

Saturna Capital Expands Employer Health Savings Account (HSA) Offerings

Thu, 08/08/2024 - 11:59
BELLINGHAM, Wash.--(BUSINESS WIRE)--Saturna Capital Corporation announced it has revamped its Employer Health Savings Account (HSA) offering, a tax-advantaged savings account designed to help accountholders save and pay for qualified medical expenses. Saturna’s employer HSA was designed to help employees overcome one of the most common hurdles to maximizing the benefit: moving contributions to the investment account. After each payroll deferral, most plans require employees to initiate a reques

SBSB Eastham Opens Office in Historic Corpus Christi Building

Thu, 08/08/2024 - 11:59
CORPUS CHRISTI, Texas--(BUSINESS WIRE)--Schouest, Bamdas, Soshea, BenMaier & Eastham PLLC (SBSB Eastham) announced today it is opening a new law office in one of Corpus Christi’s most historic buildings. The firm will occupy 4,475 square feet of office space on the second floor of The Chamberlain, located at 807 N. Upper Broadway in Corpus Christi. The building location was the site of the original 1857 Corpus Christi Lighthouse and the building itself first served as the headquarters of su

Retail Union UFCW Demands Federal Home Loan Banks Address Housing Crisis, not boost Apollo’s profit

Thu, 08/08/2024 - 11:59
WASHINGTON--(BUSINESS WIRE)--UFCW urges regulators to aim Federal Home Loan Banks at workers' housing crisis, not subsidizing profits of insurance companies like Apollo's Athene.

Northern Trust Universe Data: Market Momentum Stalls as Inflation Concerns Persist in Q2

Thu, 08/08/2024 - 11:59
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return for large U.S. institutional asset owners in the Northern Trust Universe was 1.1% for the quarter ending June 30, 2024

Nacha Welcomes Stronghold as a Preferred Partner

Thu, 08/08/2024 - 11:59
RESTON, Va.--(BUSINESS WIRE)--Today, Nacha announced Stronghold as a Preferred Partner for ACH Experience and ISO 20022. Stronghold joins a select group of innovators that Nacha recognizes for offering products and services that align with Nacha's core strategies to advance the ACH Network. “Nacha is pleased to welcome Stronghold as our newest Preferred Partner,” said Jane Larimer, Nacha President and CEO. “Nacha's Preferred Partners are innovators focusing on ways to enhance the ways ACH payme

While the Lincoln Private Market Index Increased in the Second Quarter, Private Company Earnings Growth Slowed

Thu, 08/08/2024 - 11:59
CHICAGO--(BUSINESS WIRE)--The Lincoln Private Market Index (LPMI) increased by 1.9% during the second quarter of 2024 as the index reached a new high.

Stronghold Joins Nacha’s Preferred Partner Program

Thu, 08/08/2024 - 11:59
SAN FRANCISCO--(BUSINESS WIRE)--Stronghold is proud to join Nacha’s esteemed Preferred Partner Program. This partnership strengthens Stronghold’s commitment to continuously optimizing ACH payment systems and promoting ISO 20022 messaging standards. As a Nacha Preferred Partner, Stronghold is expanding opportunities to continue advancing the modern ACH Network and enhancing payment systems through innovative solutions tailored to meet evolving industry standards. As part of this collaboration, S

Soft Skills and Technology Certification Preparation Courses Are Surging as Organizations Shift to Skills-Based Talent Management Practices

Thu, 08/08/2024 - 11:59
SAN FRANCISCO--(BUSINESS WIRE)--Udemy (Nasdaq: UDMY), a leading online skills marketplace and learning platform, today released its Q2 2024 Global Workplace Learning Index. This quarterly report provides insights into which skills are growing in demand and helps organizations stay ahead of the competition worldwide. According to the World Economic Forum, many companies face mounting skills gaps hindering business growth. Coupled with the rapid rise of generative AI (GenAI), skills gaps are beco

New Debt Advisory Platform, L4CP, Founded by Private Credit Investors

Thu, 08/08/2024 - 11:59
AUSTIN, Texas--(BUSINESS WIRE)--Lane Four Capital Partners, LLC (“L4CP”), an independent debt capital markets advisory firm, was founded on August 1, 2024 by private credit investors Rob Chuchla and Robert Buckwalter. L4CP serves as its clients’ outsourced directors of capital markets, assisting middle market private equity firms in navigating entire debt financing lifecycles under long-term partnerships. The L4CP team is comprised of former private credit investors with nearly 25 years of comb

Gamut Capital Management to Acquire Airtron Heating & Air Conditioning

Thu, 08/08/2024 - 11:59
NEW YORK--(BUSINESS WIRE)--Gamut Capital Management, L.P. (“Gamut”), a leading New York-based middle market private equity firm, announced today it has signed a definitive agreement to acquire Airtron Heating & Air Conditioning (“Airtron” or the “Company”), a leading designer, installer, and maintenance provider for heating, ventilation, and air conditioning (HVAC) systems, from NRG Energy, Inc. (“NRG”) (NYSE: NRG). Airtron is one of the largest residential new construction HVAC installatio

Harver Announces 2024 LIFT Award Honorees

Thu, 08/08/2024 - 11:59
BOSTON--(BUSINESS WIRE)-- #TalentDecisions--Harver announced recipients of its LIFT Awards honoring talent professionals for their excellence in equitable, technology-driven hiring efforts.

AM Best Upgrades Credit Ratings of Century Insurance Company (Guam) Limited

Thu, 08/08/2024 - 11:59
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to “a-” (Excellent) from “bbb+” (Good) of Century Insurance Company (Guam) Limited (CIC Guam) (Guam). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect CIC Guam’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited busine

AM Best Revises Outlooks to Negative for Erie Insurance Group’s Members; Affirms Credit Ratings of Erie Family Life Insurance Company

Thu, 08/08/2024 - 11:59
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the property/casualty (P/C) members of Erie Insurance Group (Erie). Additionally, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Erie Family Life Insurance Company (EFL). The outlook of these Credit Ratings (ratings) is st

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