Lastest from Businesswire

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A pair of distinct sub-markets have evolved within the U.S. cyber insurance space, one dominated by surplus lines carriers writing primary and excess cyber-specific policies and the other focused on endorsements to commercial policies, according to a new AM Best report. The results between the two vary, with third-party claims growing more rapidly within the surplus lines side of the market.The combined overall premiums generated from cyber insurance coverage incr

LONDON--(BUSINESS WIRE)--Warburg Pincus, the pioneer of private equity global growth investing, today announced that it has entered into an agreement to acquire Network Plus, one of the UK’s leading utility and infrastructure service providers, from OMERS Private Equity and shareholders. Founded in 2000 and headquartered in Worsley, Greater Manchester, Network Plus delivers essential maintenance, enhancement and operational services across the water, wastewater, gas, power, and broader infrastr

SAN FRANCISCO--(BUSINESS WIRE)--Elroy Air, Inc., a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, and Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (Inflection Point) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), announced today tha

NEW YORK--(BUSINESS WIRE)--WisdomTree today announced that it received a top honor at the 2026 InvestmentNews Awards, with WisdomTree named ETF Provider of the Year.

BURLINGAME, Calif.--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy “CPM” has filed the nation's first direct purchaser antitrust class action seeking to hold some of the world's largest shipping container manufacturers accountable for an alleged conspiracy to restrict output and fix prices for standard dry shipping containers sold throughout the United States.On June 24, 2026, Atlantic Coast Container, Inc., represented by CPM, filed a class action complaint in the United States District Court

SANTA MONICA, Calif.--(BUSINESS WIRE)--Undue Medical Debt today announced that a transformative gift from Evan Spiegel and Miranda Kerr has erased over $550 million in medical debt for over 261,000 Californians, providing relief to families across the state as healthcare costs and broader affordability challenges continue to weigh on households. Brooklyn, a former recipient of medical debt relief in Woodland, CA, shares, “In 2018, I was in a traumatic car accident during a medical crisis. The a

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 Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN). The outlook of these Credit Ratings (ratings) is negative.The ratings reflect Star Mutual’s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and marginal enterpr

NEW YORK--(BUSINESS WIRE)--If you have suffered a loss on your Badger Meter, Inc. (“Badger Meter” or the “Company”) (NYSE:BMI) investment, contact Lauren Molinaro of Kirby McInerney LLP by email at investigations@kmllp.com, or fill out the contact form below to discuss your rights or interests in the securities fraud class action lawsuit at no cost.Investors have until August 3, 2026 to ask the Court to appoint them as lead plaintiff. Courts do not consider applications filed after this deadline

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds, 2026 Series Two and affirms the long-term rating of AA for the Authority's outstanding General Obligation Bonds. KBRA additionally affirms the long-term rating of AA+ for the State of Alaska's General Obligation Bonds as well as the long-term rating of AA for the State's Appropriation Bonds. The rating Outlook for each obligation is Stable. Key Cre

MEXICO CITY--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior), affirmed the Financial Strength Rating (FSR) of A+ (Superior), and affirmed the Mexico National Scale Rating (NSR) of “aaa.MX” (Exceptional) of Berkley International Compañía de Garantías Mexico S.A. de C.V. (BICGM) (Mexico City, Mexico). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlooks of the FSR and NSR are

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent), all associated Long-Term Issue Ratings (Long-Term IR) and indicative Long-Term IRs for securities issued by W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB]. At the same time, AM Best has upgraded the Long-Term ICR to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Berkley Insur

BURLINGAME, Calif.--(BUSINESS WIRE)--Upstart Holdings, Inc. (NASDAQ: UPST), the leading artificial intelligence (AI) lending marketplace, today updated the Upstart Macro Index (UMI) to include May 2026 data. For historical data and information about how the index is calculated, see upstart.com/umi.UMI rose to 1.49 in May from 1.43 in April and remains below the elevated levels observed in early 2024.While UMI is derived from Upstart-powered unsecured personal loans, broader macroeconomic trends

SEATTLE--(BUSINESS WIRE)--Lighthouse has been awarded a Band 1 ranking from Chambers and Partners for the fifth year in a row in the eDiscovery Litigation Support category.