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AM Best Revises Outlooks to Negative for Co-operative Insurance Companies

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Co-operative Insurance Companies (Co-operative) (Middlebury, VT). The Credit Ratings (ratings) reflect Co-operative’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk mana

Exxe Advances Tech-Enabled Real Estate Monetization, Thun, Switzerland

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
SHERIDAN, Wyo.--(BUSINESS WIRE)--Exxe Group, Inc. (OTC: AXXA), a next-generation business accelerator and digital transformation platform, is pleased to announce the onboarding of a high-value, income-generating property in Thun, Switzerland into Exxe's tech-based asset optimization platform. The real estate project, located near the heart of Switzerland’s capital, Bern, aims to generate $1.7 million in initial cash-out proceeds. As a result of Exxe’s platform-driven enhancements, the client is

AM Best Revises Outlooks to Positive for Fidvest US LLC

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Fidvest US LLC (Fidvest) (Charleston, SC). The Credit Ratings (ratings) reflect Fidvest’s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management (ERM). Fidvest is a

AM Best Revises Outlooks to Stable for Members of ISMIE Mutual Group

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ISMIE Mutual Insurance Company and ISMIE Indemnity Company (collectively known as ISMIE or the group). Both companies are domiciled in Chicago, IL. The Credit Ratings (ratings) reflect ISMIE’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating

Raspberry AI Expands Its Gen-AI Platform for Fashion Creatives with New Tools for Creating Visual Marketing Content

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
NEW YORK--(BUSINESS WIRE)--Raspberry AI today announced it is expanding its platform by launching three new tools for marketing and merchandising creatives.

Connectivity Wireless Secures $200 million of capital from First Citizens Bank and Post Road Group to Accelerate Growth

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
BOCA RATON, Fla.--(BUSINESS WIRE)--Connectivity Wireless, an M|C Partners backed platform and leading provider of in-building wireless solutions, today announced it has successfully secured a $110 million senior debt facility with an additional $30 million available at a later date led by First Citizens Bank. In addition, the company received a $60 million growth investment led by Post Road Group, with participation from Boundary Street Capital, further strengthening its financial position and

Superside Hires Gradwell Sears as First-Ever Chief Creative Officer

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
NEW YORK--(BUSINESS WIRE)--Superside, the leading AI-powered creative services company, today announced the appointment of Gradwell Sears as its first-ever Chief Creative Officer (CCO). He brings deep expertise in building and scaling global AI-powered teams for some of the world’s biggest brands. Gradwell joins Superside from Monks, where he served as Executive Vice President of Global Creative. Gradwell’s career spans two decades at the forefront of creative innovation. In addition to Monks,

Twenty-Six UBS Advisor Teams in Southern California and Hawaii Named to Forbes Best-In-State Wealth Management Teams List

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
NEWPORT BEACH, Calif. & HONOLULU--(BUSINESS WIRE)-- #BestWealthManagement--26 UBS financial advisor teams from SoCal & Hawaiian areas of Pacific Desert market named to Forbes Best-In-State Wealth Management Teams for 2025.

ComPsych Data Shows Skyrocketing Demand for Manager Trainings on Mental Health and Well-Being Topics

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
CHICAGO--(BUSINESS WIRE)--ComPsych data shows a dramatic increase in interest for management training on employee mental health and well-being topics.

Ivy Asset Group Announces a Senior Debt Investment in Silver Creek Dental Partners

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
CHARLESTON, S.C.--(BUSINESS WIRE)-- #alternativeinvestments--Ivy Asset Group announces debt financing to Silver Creek Dental Partners. The funding supports investments in current practices and expansion efforts.

Economic Conditions Significantly Influencing Child-Bearing Decisions of Full-time Workers, Study Finds

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
ST. PAUL, Minn.--(BUSINESS WIRE)--With the U.S. fertility rate dropping to an all-time low in 20231, a new study says economic conditions are having a major impact on the decision of whether to have children among Americans working full-time. Securian Financial, an employee benefits provider, surveyed nearly 1,500 prime child-bearing generation Americans2 working full-time for large employers.3 According to their study, a whopping 84% of Generation Z (adults currently ages 18-27) and 71% of Mil

AIS announces appointment of Sri Mandava as President of Commercial Business

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
WASHINGTON--(BUSINESS WIRE)--Applied Information Sciences (AIS), a leading provider of cloud transformation services, recognized for its innovative AI capabilities and deep expertise in Microsoft’s cloud ecosystem, is pleased to announce the appointment of Sri Mandava as President of Commercial Business. Sri’s responsibilities will include all AIS commercial operations, developing and driving the strategic growth plan, enhancing partnerships, and optimizing execution across sales and delivery.

Principal Asset Management℠ launches Capital Appreciation Select ETF

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
DES MOINES, Iowa--(BUSINESS WIRE)--Principal Asset Management℠ announced the launch of the Principal Capital Appreciation Select ETF (LCAP). This ETF will be managed by Principal Edge, an investment team within Principal Asset Management overseeing $21.1 billion in AUM1. With ongoing market volatility, the case for active equity ETFs — particularly those with large-cap U.S. exposure — is growing stronger. Unlike passive strategies, active management provides the flexibility to navigate uncertai

CPREX Enters Industrial Outdoor Storage (IOS) Sector with Financing for Well-Leased Multi-Market Portfolio

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
NEW YORK--(BUSINESS WIRE)--Clarion Partners Real Estate Income Fund entered the industrial outdoor storage subsector via two separate strategically important transactions.

Nacha Releases Top 50 Financial Institution ACH Originators and Receivers for 2024; Total ACH Payment Volume in 2024 Exceeded 40 Billion

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
RESTON, Va.--(BUSINESS WIRE)--Nacha has released its Top 50 rankings of financial institution originators and receivers of ACH payments for 2024. Among originating institutions, the Top 50 were responsible for 29.7 billion ACH payments in 2024, up 7.4% from a year earlier. They accounted for 93.8% of the ACH Network’s total commercial payments volume. The Top 50 receiving institutions reported nearly 22 billion ACH payments last year, an increase of 10.4% from 2023. These institutions accounted

Hotwire Global Announces AI Lab to Add More AI Consulting, Development and Tools

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
SAN FRANCISCO--(BUSINESS WIRE)--Hotwire Global, the global communications and marketing consultancy including Hotwire and ROI∙DNA, today announced the evolution of its AI innovation team to form a global AI Lab. This initiative will not only develop AI-powered tools to deliver faster and smarter insights, intelligence, and impact for clients but also drive AI adoption across the agency. New and updated solutions include the AI search discovery platform, Hotwire Spark, and the agentic AI account

Securities Fraud Investigation Into Ultra Clean Holdings, Inc. (UCTT) Announced – Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) investors concerning the Company’s possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ULTRA CLEAN HOLDINGS, INC. (UCTT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. What

Viamericas Launches Open Payment Network in the Philippines

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
CORAL GABLES, Fla.--(BUSINESS WIRE)-- #fintech--Viamericas, a leading provider of remittance and international money transfer services, has launched its open payment network in the Philippines.

Newly-listed GlacierShares Nasdaq Iceland ETF (GLCR) to track the MarketVector Iceland Global Index

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
FRANKFURT, Germany--(BUSINESS WIRE)--MarketVector IndexesTM (“MarketVector”), a leading provider of multi-asset and digital asset index solutions, today announced that the MarketVectorTM Iceland Global Index, developed in collaboration with New Iceland Advisors, has been licensed as the underlying benchmark for the GlacierShares Nasdaq Iceland ETF (NASDAQ: GLCR), a newly listed U.S. exchange-traded fund (ETF) from GlacierShares. The index licensing signals growing investor interest in Iceland's

Tabs and Rillet Partner to Build the Next-Generation Finance Stack

Lastest from Businesswire - Thu, 03/27/2025 - 11:06
NEW YORK--(BUSINESS WIRE)--Tabs, a leading AI-powered revenue automation platform, and Rillet, a next-generation Enterprise Resource Planning (ERP) system, today announced a strategic partnership to redefine finance operations for high-growth companies. By integrating their AI-native platforms, Tabs and Rillet are creating a seamless finance stack designed to enable a “Headless ERP” framework that powers faster collections, reduces revenue leakage, improves financial accuracy, and achieves a ze

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