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Marathon Asset Management Provides $210M Loan to Trinity on Ritz-Carlton Dallas

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
NEW YORK--(BUSINESS WIRE)--Marathon Asset Management’s Commercial Real Estate platform originated a $210 million loan to refinance The Ritz-Carlton Dallas, Las Colinas, a recently renovated 427-key resort located within the Dallas-Fort Worth metroplex. Marathon’s Commercial Real Estate Team, led by Managing Director Joseph Griffin, closely worked with a joint venture between Trinity Investments, a leading hospitality sponsor, and Partners Group, one of the largest global private markets firms,

Republic Financial, a Morris Industries Company, Earns Better Business Bureau Designation

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
LEXINGTON, Ky.--(BUSINESS WIRE)--Republic Financial, a company under the Morris Industries portfolio, is proud to announce that it has earned the Better Business Bureau (BBB) designation. This recognition highlights Republic Financial's dedication to excellence in customer service, ethical business practices, and commitment to building trust within the communities it serves. Earning the BBB designation is a significant achievement that underscores Republic Financial's unwavering commitment to u

HCLTech Announces AI-based Solutions Powered by Intel Core Ultra Processors for Endpoint Devices to Enhance Performance and Security

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
NEW YORK & NOIDA, India--(BUSINESS WIRE)-- #AI--HCLTech, a leading global technology company, will provide advanced AI-driven digital workplace solutions utilizing Intel Core Ultra processors.

AM Best Affirms Credit Ratings of Pozavarovalnica Sava d.d.

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
AMSTERDAM--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Pozavarovalnica Sava d.d. (Sava Re) (Slovenia), the operating holding company of the Sava Insurance Group. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Sava Re’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate

Inszone Insurance Services Acquires Schmoekel Insurance Agency, Inc.

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its acquisition of Schmoekel Insurance Agency, Inc., a well-respected agency with a deep history in the industry. Founded in 1948 by Max Schmoekel, Schmoekel Insurance Agency, Inc. has been a trusted name in the community for over seven decades. Initially known as a non-standard insurance agency, Schmoekel Insurance speciali

KBRA Assigns Preliminary Ratings to EnFin Residential Solar Receivables Trust 2024-2

Lastest from Businesswire - Thu, 10/03/2024 - 15:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes totaling $324.54 million issued by EnFin Residential Solar Receivables Trust 2024-2 (“EnFin 2024-2” or the “Issuer”), an ABS transaction secured by residential solar loans. Headquartered in Irvine, CA, EnFin was formed in 2021 and began originating residential solar loans in October 2022. The Company is a wholly owned subsidiary of Hanwha Qcells (“Qcells”), a leading solar panel manufacturer in the U.S. reside

AM Best to Host Webinar on Loss Trends in Cyber Liability Insurance

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host a complimentary webinar, titled, “Loss Trends in Cyber Liability Insurance,” sponsored by Munich Re US, on Thursday, Oct. 17, 2024, at 2:00 p.m. (EDT). In a one-hour webinar, a panel of legal and cyber insurance experts will analyze the frequency, severity and nature of cyber incidents, including data breaches, ransomware attacks and other digital threats. The panelists will also address how insurers are adapting coverage models, pricing and ris

KBRA Assigns Preliminary Ratings to Avant Credit Card Master Trust, Series 2024-2

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued from Avant Credit Card Master Trust (the "Master Trust"), Series 2024-2 (“AVCCT 2024-2”), a credit card ABS transaction. The ratings reflect the initial credit enhancement levels ranging from 40.95% for the Class A notes to 3.40% for the Class E notes. Credit enhancement on the notes consists of overcollateralization, subordination (except for the Class E Notes), a cash reserve account if funded after cl

KBRA Assigns Preliminary Ratings to GreenSky Home Improvement Issuer Trust 2024-2

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to five classes of notes issued by GreenSky Home Improvement Issuer Trust 2024-2 ("GSKY 2024-2"), an asset-backed securitization collateralized by a pool of consumer loans used for home improvements. GSKY 2024-2 represents the sixth 144A securitization of home improvement loans originated through the lending program administered by GreenSky, LLC (“GreenSky” or the “Company”) on behalf of federally-insured, federal or state chartered le

AM Best Downgrades Issuer Credit Ratings of Shelter Mutual Insurance Company and Its Subsidiaries

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Shelter Mutual Insurance Company (Shelter Mutual) (Columbia, MO) and its property/casualty (P/C) subsidiaries (collectively referred to as Shelter). Concurrently, AM Best has downgraded the Long-Term ICR to “a” (Excellent) from “a+” (Excellent) and affirmed the FSR of A (Excellent)

SMArtX Advisory Solutions Expands Manager Marketplace with 12 New Strategies from Seven Leading Asset Management Firms

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #AdvisorTech--SMArtX Advisory Solutions Expands Manager Marketplace with 12 New Strategies from Seven Leading Asset Management Firms.

Rival Announces Rival Workflow: A Scalable Solution for Automation Across the Employee Experience

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
CHICAGO--(BUSINESS WIRE)-- #ATS--Rival introduces Rival Workflow, the latest generation of the famed Redcarpet technology, a platform that empowers businesses to manage the employee experience - from onboarding to offboarding - in one seamless, integrated experience. Rival Workflow goes beyond onboarding and modernizes critical HR functions, offering customizable, automated workflows that drive efficiency and ensure compliance without added complexity. Built for growth and agility, Rival Workflow scal

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SIGA Technologies, Inc. (SIGA) on Behalf of Investors

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SIGA Technologies, Inc. (“SIGA” or the “Company”) (NASDAQ: SIGA) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your SIGA investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities law

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of JFrog Ltd. (FROG) on Behalf of Investors

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of JFrog Ltd. (“JFrog” or the “Company”) (NASDAQ: FROG) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your JFrog investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of SAP SE (SAP) on Behalf of Investors

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of SAP SE (“SAP” or the “Company”) (NYSE: SAP) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your SAP investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securities laws, you can submit your

Step Into The Game with “Overtime Elite,” an Original Webcomic from WEBTOON and Overtime

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
LOS ANGELES--(BUSINESS WIRE)--WEBTOON Entertainment, a leading global entertainment company and home to some of the world’s largest storytelling platforms, has teamed up with Overtime, a leading brand for next generation sports fans, for “Overtime Elite,” an electrifying new webcomic. The first episode is available today exclusively on WEBTOON’s English language platform. “Overtime Elite” reveals a hidden world where basketball isn't just a game—it's a battleground for the next “king of basketb

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Light & Wonder, Inc. (LNW) on Behalf of Investors

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Light & Wonder, Inc. (“L&W” or the “Company”) (NASDAQ: LNW) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your L&W investments or would like to inquire about potentially pursuing claims to recover your loss under the federal securiti

Resilience Secures Funding to Expand Domestic Manufacturing for Critical Pharmaceutical Ingredients

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
SAN DIEGO--(BUSINESS WIRE)-- #CCO--Resilience Secures Funding to Expand Domestic Manufacturing for Critical Pharmaceutical Ingredients

SafeSport Seeks Athlete Members for Board of Directors and Athlete Advisory Team

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
DENVER--(BUSINESS WIRE)-- #Apply--SafeSport is seeking athletes to apply for the Center's Board of Directors and Athlete Advisory Team to support safety and drive culture change.

Latin Builders Association Awards Benworth Capital Lender of the Year

Lastest from Businesswire - Thu, 10/03/2024 - 12:39
MIAMI--(BUSINESS WIRE)--Benworth Capital, a Hispanic, family-operated, certified minority lender with offices in Florida and Puerto Rico, was named Lender of the Year at the Latin Builders Association (LBA) annual awards luncheon held on Friday, September 27th, 2024. The esteemed recognition emphasizes Benworth's dedication to fostering economic growth and empowering Florida’s small businesses and diverse communities. Established in 2008 amidst the financial crisis, Benworth has consistently pr

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