Lastest from Businesswire
AM Best Affirms Credit Ratings of Bahamas First Holdings Limited’s Operating Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Bahamas First General Insurance Company Limited (BFG) (Nassau, Bahamas) and Cayman First Insurance Company Limited (CFI) (Cayman Islands), the property/casualty (P/C) operating subsidiaries of Bahamas First Holdings Limited (Nassau, Bahamas) (BFH). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect BFH’s bal
Rosen Law Firm Urges Xerox Holdings Corporation (NASDAQ: XRX) Stockholders with Large Losses to Contact the Firm for Information About Their Rights
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of all purchasers of securities of Xerox Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024. Xerox describes itself as a “company that offers workplace technology that integrates hardware, services, and software for enterprises in the Americas, and internationally.” For more information, submit a form, email attorney Phillip Kim,
Rosenblum Law Opens Media Hotline to Address New York DMV's Point System Overhaul
NEW YORK--(BUSINESS WIRE)--Rosenblum Law, a leader in traffic ticket defense, has launched a dedicated media hotline to help reporters unpack the sweeping changes made by the New York Department of Motor Vehicles (DMV) to its point system for traffic violations. These changes, which went into effect on November 6, 2024, mark one of the most significant shifts in decades and carry serious implications for New York drivers. Key updates to the DMV point system include: Extended Point "Look Back" P
TD Bank Survey Reveals Nearly 90% of Younger Travelers Seek to Stretch Their Dollar When Vacationing Abroad
CHERRY HILL, N.J.--(BUSINESS WIRE)--TD Bank, America’s Most Convenient Bank® today announced the findings of a new survey that explored the habits of today’s global travelers — revealing key generational differences in how travelers are budgeting, planning and spending for international trips. The study, which surveyed 1,000+ American travelers who took international vacations in the last year, found that younger generations are most interested in countries that offer more favorable exchange ra
monday.com Doubles Down on Denver with New, Larger Office Space to Support Expanding Team
DENVER & TEL AVIV, Israel--(BUSINESS WIRE)--monday.com Ltd. (NASDAQ: MNDY) (“monday.com”), the multi-product platform that runs all core aspects of work, today announces a new office space in Denver at 1755 Blake Street to accommodate the company’s growth in the region. Larger than the company’s previous space, this 26,000-square-foot location will continue to be critical for monday.com’s North American presence, providing key support for the company’s continuous growth and presence in the regi
Labaton Keller Sucharow LLP Announces Expanded Securities Class Action Lawsuit Filed Against PACS Group, Inc. and Related Parties
NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) announces that, on November 21, 2024, it filed a securities class action lawsuit (the “Complaint”) on behalf of its client New Orleans Employees’ Retirement System (“New Orleans”) against PACS Group, Inc. (“PACS” or the “Company”) (NYSE: PACS) and related parties (collectively, “Defendants”). The action, which is captioned New Orleans Employees’ Retirement System v. PACS Group, Inc., No. 24-cv-08882 (S.D.N.Y) asserts claims unde
Helpr Employer-Subsidized Family Care App with Patented “My Choice” Technology Expands Service to 150+ Countries, Adds New Features
LOS ANGELES--(BUSINESS WIRE)-- #Helpr--Helpr helps employees get quality care for children, partners, parents, and pets, with an option to choose providers from their personal networks.
Red Maple Introduces Credit Cards for Microsoft Dynamics 365 Field Service: Revolutionizing Secure Payments in the Field
BOERNE, Texas--(BUSINESS WIRE)-- #dynamics365--Red Maple launches Credit Cards for Microsoft Dynamics 365 Field Service. You can now take payment in the field on Microsoft's premier platform.
UK High Court Delivers Absolute Victory for the El Husseiny Family (some of whom were advised by Debenhams Ottaway) in Case Against Invest Bank UAE
LONDON--(BUSINESS WIRE)--In a decisive ruling, the High Court of England and Wales (the “High Court”) has unequivocally found in favour of and dismissed all claims against the El Husseiny family (the “Family”) and Virtue Trustees (Kendris) their institutional Swiss wealth adviser, bringing an end to a protracted legal battle in the UK initiated by the Sharjah Government-owned Invest Bank (the “Bank”), with the backing of litigation funder Burford Capital. The litigation, spanning four years and
Statement of Special Prosecutor Dan K. Webb of Winston & Strawn, LLP Regarding Illinois Supreme Court’s Reversal of Convictions and Sentence of Jussie Smollett
CHICAGO--(BUSINESS WIRE)--Special Prosecutor Dan K. Webb issued the statement below following the Illinois Supreme Court’s decision today overturning the convictions and sentence of Jussie Smollett based on a finding that the Cook County State’s Attorney’s Office entered into a “non-prosecution agreement” with Mr. Smollett. All of this conduct happened 5 months prior to the appointment of Dan K. Webb as Special Prosecutor: “We are disappointed in the Illinois Supreme Court’s decision today to o
Best’s Insurance Law Podcast Examines Trends in Pipeline Explosion Cases
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best and Best’s Insurance Professional Resources have released the latest installment of the Best's Insurance Law Podcast series, which examines timely insurance issues from a legal perspective. The latest episode features Senior Safety Engineer Janine McCartney from expert service provider HHC Safety Engineering Services, Inc., who discusses pipeline explosion incidents and common workplace safety deficiencies that cause them. HHC Safety Engineering Services,
The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Xerox Holdings Corporation (XRX) Investors
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Xerox Holdings Corporation (XRX) Investors
ISG to Assess Providers of HR Outsourcing Services
STAMFORD, Conn.--(BUSINESS WIRE)---- $III #HealthandWelfareBenefitsAdministrationServices--ISG has launched a study evaluating providers of HRO services that deliver transformational business value to organizations and their workforces.
VISA SHAREHOLDER ALERT by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Reminds Investors With Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Visa Inc. - V
NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until January 20, 2025 to file lead plaintiff applications in a securities class action lawsuit against Visa Inc. (NYSE: V), if they purchased the Company’s securities between November 16, 2023, and September 23, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Norther
Family Business Betrayal Leads to $2.1 Million Verdict in Texas Car Wash Drama
MCKINNEY, Texas--(BUSINESS WIRE)--A Texas entrepreneur, who invested his life savings into a family business only to discover his uncle was funneling company money into casino gambling, has won a declaratory judgment affirming his 100% ownership of the business, along with a $2.1 million verdict in Collin County District Court. The three-day trial revealed a story of broken family trust and financial deception centered around the ownership of Prime United LLC, which operated a Kwik Kar Oil Chan
Adtran launches scalable AI private cloud solutions for US federal agencies
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- #5G--Adtran and Dell Technologies today announced a strategic collaboration to meet the growing AI networking needs of the US federal government. Adtran is providing a comprehensive range of optical, packet and software networking solutions, which are being integrated with Dell’s AI-driven infrastructure to accelerate AI deployments for federal agencies. The DELL AI Network Cloud (AINC) Factory ON-RAMP, powered by Dell’s AI Factory, offers a flexible platform for m
Arch MI Expands Scholarship Program to UNCG
GREENSBORO, N.C.--(BUSINESS WIRE)--Arch Mortgage Insurance Company (Arch MI, the Company) today announced the expansion of its Arch MI Scholars Program to the University of North Carolina Greensboro (UNCG). This scholarship program is designed to provide financial support and job experience for high-achieving students with demonstrated financial need, and the program is centered around the communities local to the Company’s headquarters in downtown Greensboro, North Carolina. First announced in
Actsoft Achieves FedRAMP Authority to Operate (ATO) for its Workforce Manager for Gov Platform
TAMPA, Fla.--(BUSINESS WIRE)--Actsoft, a leading provider of innovative workforce management solutions, proudly announces that its Workforce Manager for Gov platform has acquired an Authority to Operate (ATO) from a Federal Sponsoring Agency. This milestone marks a major step in the Federal Risk and Authorization Management Program (FedRAMP) authorization process, with Actsoft now officially added to the FedRAMP PMO review queue. The FedRAMP “In PMO Review” designation affirms Actsoft’s dedicat
Capgemini Named a Leader in IDC MarketScape: Worldwide Sustainability Finance and Accounting Services 2024
PARIS--(BUSINESS WIRE)--Capgemini today announced that it has been named a ‘Leader’ in the IDC MarketScape: Worldwide Sustainability Finance and Accounting Services 2024 report1. Capgemini was one of the 11 service providers to be assessed for their sustainability strategy and capabilities in the financial services sector. This IDC MarketScape evaluated service providers on their abilities to help clients by providing services including sustainable investment expertise, ESG risk assessment, dat
Best’s Market Segment Report: AM Best Maintains Positive Outlook on Delegated Underwriting Authority Enterprises Segment
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best is maintaining its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth. The DUAE distribution channel continues to increase its market share, supported by strong and sustained premium growth globally. According to the Best’s Market Segment Report, “Market Segment Outlook: De