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AM Best Affirms Credit Ratings of QBE Insurance Group Limited’s Key Subsidiaries

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of QBE Europe SA/NV (Belgium), QBE UK Limited (United Kingdom), and the pooled members of QBE North America Insurance Group (see list below). These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the non-operating holding company of the QBE group of companies. The outlook of thes

KBRA Assigns Preliminary Ratings to Reach ABS Trust 2024-2

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to four classes of notes issued by Reach ABS Trust 2024-2 (“Reach 2024-2”), an unsecured consumer loan ABS transaction. Credit enhancement consists of overcollateralization, subordination of junior note classes (except for the Class D notes), a cash reserve account funded at closing, and excess spread. This transaction represents Reach Financial, LLC’s (“Reach”, or the “Company”) second term ABS securitization in 2024 and eighth overal

Priority Financial Group Achieves Significant Milestones

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
PHOENIX--(BUSINESS WIRE)--Priority Financial Group (PFG), a leading Independent Registered Investment Advisor (RIA), proudly announces the achievement of several key milestones, demonstrating its continued growth and commitment to excellence in financial advisory services. In June 2024, Priority Financial Group surpassed $5 billion in assets under management (AUM), a testament to the trust and confidence their clients place in the financial expertise of their dedicated team of advisors. This si

Cold Bore Capital and Owners in Honor Announce Strategic Partnership to Empower Veteran Entrepreneurs

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
CHICAGO--(BUSINESS WIRE)-- #ColdBore--Cold Bore Capital (CBC) is proud to announce a strategic partnership with Owners in Honor (OIH), a non-profit organization dedicated to supporting U.S. Armed Forces Veterans in their transition to civilian life through business ownership and entrepreneurship. This partnership aims to facilitate the successful acquisition and management of small businesses by Veterans, leveraging CBC’s expertise and resources to foster growth and operational excellence. Mission Alignmen

Bostrom Announces the Retirement of Dede Gish-Panjada and Her Receiving the Excellence in Leadership Award from the AMC Institute

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
CHICAGO--(BUSINESS WIRE)--Bostrom, a leading association management company (AMC), announces the retirement of Dede Gish-Panjada, effective at the end of 2024. Dede, who has been an integral part of Bostrom’s growth and success, will be honored by receiving the Excellence in Leadership Award at the upcoming AMC Institute AMCs Engaged Conference in Montreal, Canada on July 30. Being selected to receive this award recognizes her contributions to the industry and her unwavering commitment to shari

FINRA Publishes 2024 Industry Snapshot

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
WASHINGTON--(BUSINESS WIRE)--FINRA published today the 2024 Industry Snapshot, the annual statistical report on registered representatives, brokerage firms and market activity that FINRA oversees. “The 2024 Snapshot continues FINRA’s commitment to share regulatory data in order to give the public a better understanding of and confidence in our member firms’ activities and its supervision,” said Jonathan Sokobin, Executive Vice President, Chief Economist and Head of the Office of Regulatory Econ

Saturna Capital Upgrades Consumer Direct Health Savings Account (HSA) to Align With Independent, Top Tier Industry Standards

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
BELLINGHAM, Wash.--(BUSINESS WIRE)--Saturna Capital Corporation announced it has revamped its Consumer Direct Health Savings Account (HSA) offering to closely follow guidance from the 2023 Health Savings Account Landscape Report by Morningstar, an independent research firm focused on empowering investors. The plan provides a simpler, more effective experience for accountholders, with an enhanced emphasis on: A curated list of highly rated mutual funds with no investment minimum Intuitive user p

Wolters Kluwer Panel Examines the Future of Generative AI at American Association of Law Libraries Conference

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
NEW YORK--(BUSINESS WIRE)-- #AALL--Wolters Kluwer will host a panel exploring genAI adoption at the American Association of Law Libraries Annual Meeting and Conference.

Neon Money Club Unveils the TIME™ Account: A Simple Approach to Investing Backed by 67 Years of Performance Data

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
NEW YORK--(BUSINESS WIRE)--Neon Money Club, the innovative lifestyle finance platform behind The Cream Card™ (on the Amex Network), which allows cardholders to invest their points into the stock market, is thrilled to announce the launch of TIME™, an investment account, designed with simplicity and driven by 67 years of S&P 500 performance data. The TIME™ Account, previously exclusive to Cream Card holders, will now be accessible to everyone through the Neon Money Club app, now available in

Phenom HR Industry Week 2024: Anchored by Industry Ambassadors and Global Brands

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--Phenom HR Industry Week 2024: Anchored by Industry Ambassadors and Global Brands

Wolters Kluwer Recognized for AI Innovation in 7th Annual Artificial Intelligence Awards Program

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
MINNEAPOLIS--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting (TAA), a global leader in professional information, software solutions, and services, today announced that the Wolters Kluwer CCH® AnswerConnect platform has been selected as winner of the “Best Natural Language Generation Platform” award in the seventh annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the

PPG Board of Directors approves dividend increase to 68 cents per share

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
PITTSBURGH--(BUSINESS WIRE)--The Board of Directors of PPG (NYSE:PPG) today approved a 3-cents-per-share increase in the company’s dividend, declaring a regular quarterly dividend of 68 cents per share, payable Sept. 12 to shareholders of record Aug. 12. This marks the company’s 504th consecutive dividend payment. Through the ongoing dedication and engagement of its workforce, the company has paid uninterrupted annual dividends since 1899. “We are proud of PPG’s long heritage of rewarding share

Power Home Remodeling Earns No. 8 Spot on 2024 Fortune Best Workplaces for Millennials List

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
CHESTER, Pa.--(BUSINESS WIRE)--Power Home Remodeling (“POWER”), the nation’s leading exterior home remodeler, has been recognized as one of Fortune’s Best Workplaces for Millennials by Great Place To Work® and Fortune magazine in 2024, earning a top 10 spot at #8. “Earning this recognition is incredibly meaningful because of the importance millennials place on purpose-driven work,” said POWER’s co-CEO, Asher Raphael. “Our employees hold us to incredibly high standards and we take great pride in

Glass Lewis Recommends Stockholders Support Significant Change at Enhabit by Voting the WHITE Proxy Card “FOR” Three of AREX Capital’s Nominees

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
NEW YORK--(BUSINESS WIRE)--AREX Capital Management, LP (together with its affiliates, “AREX”), the beneficial owner of approximately 4.9% of the outstanding common shares of Enhabit, Inc. (NYSE: EHAB) (“Enhabit” or the “Company”), today announced that Glass, Lewis & Co. (“Glass Lewis”), a leading independent proxy advisory firm, has recommended that Enhabit’s stockholders support significant boardroom change by voting for three of its director candidates at the Company’s 2024 Annual Meeting

AM Best Affirms Credit Ratings of Members of MedPro Group

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” (Superior) of the members of MedPro Group (MedPro). These Credit Ratings (ratings) apply to The Medical Protective Company (Fort Wayne, IN) and its affiliates: Princeton Insurance Company (Princeton, NJ); PLICO, Inc. (Oklahoma City, OK); Wellfleet Insurance Company (Fort Wayne, IN); and Wellfleet New York Insurance Company (Flushing, NY); as well

Province Announces Strategic Capital Investment From Trivest Partners

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
LAS VEGAS--(BUSINESS WIRE)--Province, a leading and nationally recognized restructuring and financial advisory firm, today announced a strategic capital investment from Trivest Partners (“Trivest”), a middle market-focused private equity firm with over $5.5 billion assets under management. In partnering with Trivest, Province is well positioned to accelerate its growth plans and further cement its position as a leading top-tier financial advisory and consulting platform with a diversified servi

Emplifi Appoints Jennifer Brooks as Chief Revenue Officer

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
NEW YORK--(BUSINESS WIRE)--Emplifi, a leading customer engagement platform, today announced the appointment of Jennifer Brooks as Chief Revenue Officer. As CRO, Brooks will oversee Emplifi’s revenue operations and lead the global sales team. She will focus on building a sales team structured for high-growth initiatives that prioritize customer-centric tactics while working cross-functionally to design and implement innovative go-to-market (GTM) strategies. With more than a decade of experience

Amberjack Completes Successful Exit of Best Trash, a Leading Municipal Solid Waste and Recycling Business

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
HOUSTON--(BUSINESS WIRE)--Amberjack Capital Partners (“Amberjack”), a private equity investment firm focused on building market leaders across the industrial, infrastructure and environmental sectors, today announced the successful exit of its investment in Best Trash, LLC (“Best Trash” or the “Company”). Financial terms of the transaction were not disclosed. Headquartered in Richmond, Texas, Best Trash is a market-leading municipal solid waste platform serving the residential waste and recycli

Whitney Ehrlich Joins H.I.G. Capital as Head of U.S. Private Wealth Management

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
NEW YORK--(BUSINESS WIRE)-- #Capital--Whitney Ehrlich has joined H.I.G. Capital as Managing Director and Head of Private Wealth Management.

Kraken Institutional Expands Custody Solution to UK and Australia

Lastest from Businesswire - Thu, 07/18/2024 - 11:43
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken Institutional, the dedicated brand for bespoke crypto solutions for institutional investors, from one of the longest-standing and most secure cryptocurrency exchanges, has announced that Kraken Custody is now available to institutional clients in both the UK and Australia, in its first international expansion since launch earlier this year. From today, eligible investors in the UK or Australia can store, manage and transfer crypto assets in Kraken Custody

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