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BHMI Recognized as “Most Innovative Payment Operations Platform” by CIO Bulletin
OMAHA, Neb.--(BUSINESS WIRE)--BHMI, a leading provider of back-office payment software solutions, has been recognized by CIO Bulletin as “Most Innovative Payment Operations Platform.” The recognition highlights BHMI’s continued commitment to innovation in payment operations and its work to help financial institutions, processors, and payment service providers manage the increasingly complex demands of modern electronic payments. BHMI’s Concourse Financial Software Suite® provides a comprehensiv
KBRA Assigns Rating to Bain Capital Private Credit's $350 Million Senior Unsecured Notes due 2031
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Bain Capital Private Credit's ("BCPC" or "the company") $350 million, 7.60% senior unsecured notes due 2031. The rating Outlook is Stable. The proceeds will be used for general corporate purposes and to repay secured debt. Key Credit Considerations The rating and Stable Outlook are supported by BCPC’s ties to the $68 billion Bain Capital Credit ("BCC") credit platform, including $21 billion dedicated to private credit, along with SEC ex
AZA Wins Trifecta of Major Litigation Awards
HOUSTON--(BUSINESS WIRE)--The Texas law firm of AZA (Ahmad, Zavitsanos & Mensing) in September, has earned honors as a Texas Powerhouse by Law360, a Most Feared Law Firm by BTI Consulting and the Texas Litigation Department of the Year in General Litigation by Texas Lawyer. “These honors give us a terrific September trifecta,” said John Zavitsanos, co-founder and managing partner of the firm. “AZA has received all these accolades in various years before, but it’s especially powerful coming
KBRA Assigns Preliminary Ratings to New Residential Mortgage Loan Trust 2026-NQM10 (NRMLT 2026-NQM10)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from New Residential Mortgage Loan Trust 2026-NQM10 (NRMLT 2026-NQM10), a $494.0 million non-prime RMBS transaction sponsored by Rithm Capital Corp. (formerly New Residential Investment Corp.), a publicly traded (NYSE: RITM) real estate investment trust (REIT). The underlying mortgages in the subject pool were primarily originated by NewRez LLC (56.6%). In addition, all loans will be serviced by S
Two Credit Unions. One Stronger Future. Sky Federal Credit Union and On Tap Credit Union Announce Intent to Merge
GOLDEN, Colo. & LIVINGSTON, Mont.--(BUSINESS WIRE)-- #leadership--Sky Federal Credit Union and On Tap Credit Union today announced their intent to pursue a merger, bringing together two financially strong, community-focused credit unions with a shared commitment to members, employees, and the communities they call home.Both credit unions are financially healthy and well-positioned for the future. This merger of peers is a strategic decision by two strong organizations to bring together complementary resources
Milliman Releases Contract Clarity for Healthcare, an AI-Powered Platform for Healthcare Contract Analytics
SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a leading global actuarial and consulting firm, today released Milliman Contract Clarity for Healthcare, a platform that uses generative AI and healthcare cost analytics to translate dense healthcare contracts into structured, measurable insight. Healthcare organizations routinely rely on complex pharmacy and medical contracts to determine pricing, payment terms, performance guarantees, and financial risk. Yet critical provisions are often buried across
Austin FC and Q2 Support Local Nonprofits Through Sixth Annual Q-mmunity Gives Grant Program
AUSTIN, Texas--(BUSINESS WIRE)--Austin FC and Q2 Holdings, Inc. announced today that the organizations are teaming up for the sixth consecutive year to support local nonprofits strengthening Central Texas communities through the Q-mmunity Gives grant program. As part of the annual program, Austin FC and Q2 will award three (3) separate $50,000 grants to three (3) nonprofit organizations that focus on the advancement of underrepresented communities through the impact areas of education, job skill
Business Wire Celebrates 65 Years of Trusted Press Release Distribution
SAN FRANCISCO--(BUSINESS WIRE)-- #65Years--Business Wire celebrates 65 years of global press release distribution and regulatory disclosure, highlighting its history and continued innovation.
PNR FINAL DEADLINE ALERT: Faruqi & Faruqi, LLP Reminds Pentair (PNR) Investors of Securities Class Action Lawsuit Deadline on October 2, 2026
NEW YORK--(BUSINESS WIRE)---- $PNR #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Pentair plc (“Pentair” or the “Company”) (NYSE: PNR) and reminds investors of the October 2, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The firm has recover
AM Best Named ‘Rating Agency of the Year’ at 2026 Insurance Insider US Honors
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best was named “Rating Agency of the Year” at the Insurance Insider US Honors event on Sept. 30, 2026, in New York City. Accepting the award was James Gillard, president of AM Best Rating Services. According to the judges’ comments, the Insurance Insider US award recognizes AM Best’s rigorous ratings analysis, forward-looking perspective that supports (re)insurers and consistent engagement with the market, as well as its singular focus on insurance, among othe
AM Best Affirms Credit Ratings of Enact Re Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of Enact Re Ltd. (ERL) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. ERL is a Class 3A Bermuda reinsurer and a direct subsidiary of Enact Mortgage Insurance Corporation (EMIC) (North Carolina), the flagship private mortgage insurer within the Enact Holdings, Inc. (EHI) (Delaware) organization.
DM Injury Law Attorney Earns Commercial Driver's License to Better Represent Truck Accident Victims
KANSAS CITY, Mo.--(BUSINESS WIRE)--Most attorneys study trucking cases from behind a desk. DM Injury Law attorney Ryan Watson decided to study them from behind the wheel.
John Marshall Bancorp, Inc. Announces Third Quarter 2026 Earnings Release Date
RESTON, Va.--(BUSINESS WIRE)--John Marshall Bancorp, Inc. (Nasdaq: JMSB) today announced that it expects to issue third quarter 2026 earnings before the market opens on Wednesday, October 28, 2026.About John Marshall Bancorp, Inc.:John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville,
Catalyst Announces Delivery of Kōz on West 5th, Bringing 210 Units of Workforce Affordable Housing to Spokane, WA
SPOKANE, Wash.--(BUSINESS WIRE)-- #ImpactInvesting--The $53M project delivers 210 units of workforce affordable housing in Spokane — proof of what public-private partnership can achieve.
ReSource Pro Launches ProTalks, an Original Series on Insurance Technology and Operations
NEW YORK--(BUSINESS WIRE)--ReSource Pro, a strategic operations and technology services partner to the insurance industry, today launched ProTalks, a new series giving insurance leaders practical insight into the operational and technology decisions they are making now — from AI and data modernization to M&A integration, workforce transformation and regulatory change. Insurance has no shortage of predictions about where technology is headed. Operating detail is much harder to find: where th
Velour Beauty Unveils Its Latest MUA Collaboration with World-Renowned Makeup Artist & Beauty Influencer, Spencer Hedges
NEW YORK--(BUSINESS WIRE)--Velour Beauty, the leaders in false lashes, today announced the launch of “Velour x Spencer Self-Stick Lash Cluster Kits”, a collaborative product with world-renowned makeup artist and beauty influencer, Spencer Hedges. This collaboration product marks the first self-stick lash cluster on the market designed specifically for the wet-lash look. Known for his viral makeup videos that have captivated audiences of millions across social media, Spencer Hedges (@thespencerh
Hilgers PLLC Secures Major Defense Victory for Dometic in Earnout Dispute Over Igloo Acquisition
WILMINGTON, Del.--(BUSINESS WIRE)--The Delaware Court of Chancery has ruled in favor of Dometic Corp., finding that the company did not breach the agreement underlying its acquisition of cooler manufacturer Igloo, and declined to award ACON Igloo Holdings, LLC, any damages, let alone the $127 million sought by ACON at trial. The dispute arose from Dometic’s October 2021 acquisition of Igloo from private equity firm ACON Investments and events that occurred during the post-closing earnout period
Rithm Capital and DRA Advisors Announce Joint Venture for Ownership of 1301 Avenue of the Americas
NEW YORK--(BUSINESS WIRE)--Rithm Capital Corp. (NYSE: RITM) (“Rithm”), a global alternative asset manager, today announced the closing of a joint venture with a fund managed by DRA Advisors LLC (“DRA”) for the ownership of 1301 Avenue of the Americas, one of the flagship assets in the New York City office portfolio of Elecor Properties (“Elecor”), Rithm’s real estate operating platform. Rithm, through Elecor, will continue to hold majority ownership of the asset and operate the building on beha
New Jersey Devils Name Prudential Financial as First-Ever Away Jersey Patch Partner; PGIM Joins as Away Helmet Decal Partner
NEWARK, N.J.--(BUSINESS WIRE)--The New Jersey Devils announced a multi-year expansion of their longstanding partnership with Prudential Financial Inc.
Best’s Commentary: Proposed Reauthorization of Federal Terrorism Risk Backstop Shifts More Risk to Insurers
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Proposed changes to the federal terrorism insurance backstop could increase the trigger to $10 million from $5 million and require insurers to take on more terrorism losses, according to new AM Best commentary.The proposed Terrorism Risk Insurance Program (TRIA) Program Reauthorization Act of 2026 extends the expiration for the current Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) of 2027 to Dec. 31, 2034. Both chambers of Congress have approved th
