Feed aggregator
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm Encourages DoubleVerify Holdings, Inc. (DV) Investors To Inquire About Securities Fraud Class Action
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired DoubleVerify Holdings, Inc. (“DoubleVerify” or the “Company”) (NYSE: DV) common stock between November 10, 2023 and February 27, 2025, inclusive (the “Class Period”). DoubleVerify investors have until July 21, 2025 to file a lead plaintiff motion. IF YOU SUFF
AM Best Comments on Credit Ratings of Definity Financial Corporation and Its Subsidiary Following Announced Acquisition of The Travelers Companies, Inc.’s Canadian Operations
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a” (Excellent) of Definity Insurance Company (Definity Insurance), as well as the Long-Term ICR of “bbb” (Good) of Definity Financial Corporation (Definity Financial) remain unchanged following the recent announcement of a CAD 3.3 billion transaction to acquire The Travelers Companies, Inc.’s (Travelers) [NYSE: TRV] Canadian operati
Compass Group Introduces New Restoration Platform, Endurant Disaster Recovery, Following Partnerships with Parker Young Restoration and McCabe Restoration
ST. LOUIS--(BUSINESS WIRE)--Compass Group Equity Partners has announced the formation of Endurant Disaster Recovery, a new restoration platform created through the strategic partnership of two established players in the disaster recovery and remediation space: Atlanta-based Parker Young Restoration and Memphis-based McCabe Restoration. Parker Young Restoration, founded in 1986, brings extensive expertise in reconstruction, mitigation, contents, and asbestos abatement for both commercial and res
AM Best to Speak and Exhibit at IASA Xchange 2025
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will attend and exhibit at IASA Xchange 2025 in St. Louis, MO, June 8-10, 2025. AM Best’s Senior Director of Credit Rating Criteria Research & Analytics Robert Raber will speak on a panel, titled, “Exploring ERM Best Practices in 2025” on June 10 at 1:00 p.m. (CDT). The panel will discuss some of the fundamental aspects of enterprise risk management (ERM) implementation and execution. Critical components of effective ERM, such as risk governance, risk
Veryon Expands Strategic App Integrations with Airplane Manager Partnership
SAN FRANCISCO--(BUSINESS WIRE)-- #API--Veryon has partnered with Airplane Manager to integrate maintenance tracking and flight scheduling for business aviation operators.
KBRA Assigns Preliminary Ratings to ABPCI Direct Lending Fund ABS III LLC
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of debt issued by ABPCI Direct Lending Fund ABS III LLC, ("ABPCI III(R)") a securitization backed a portfolio of recurring revenue loans, middle market loans, and hybrid asset-backed loans. ABPCI III(R) is a loan securitization managed by AB Private Credit Investors LLC (“ABPCI” or the “Collateral Manager”). The securitization consists of $100.0 million Class A-L Loans, $94.3 million Class A-2 Notes, $21.0 million Clas
American Water Charitable Foundation Continues National Partnership with American Red Cross
CAMDEN, N.J.--(BUSINESS WIRE)-- #AWCF--The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., announced today that it has again donated $250,000 to the American Red Cross, continuing its membership in the Disaster Responder Program. Proactively funding disaster relief helps ensure the Red Cross is better prepared to meet the needs of those affected by disasters,
Charles Schwab High Net Worth Client Pulse Survey Finds Affluent Investors Are Continuing to Gift Their Assets Despite Economic Uncertainty
WESTLAKE, Texas--(BUSINESS WIRE)--Despite a backdrop of market volatility and economic uncertainty during the first half of 2025, High Net Worth (HNW) retail investors are continuing to gift their assets, according to the latest Schwab HNW Client Pulse Survey. Half (51%) of HNW Schwab retail clients, defined as those with at least $1 million in assets at Schwab, plan to gift some amount of their wealth this year. Among those gifting, 25% plan to increase the amount of their gifts this year as c
Sheridan Capital Partners Announces Majority Sale of DAS Health
CHICAGO--(BUSINESS WIRE)--Sheridan Capital Partners (“Sheridan”) today announced the majority sale of DAS Health Ventures, LLC (“DAS Health” or “the Company”), a provider of healthcare IT and business solutions, to Coalesce Capital. Sheridan initially partnered with DAS Health in 2021 and will retain a minority ownership position following the transaction. Founded in 2003 by David Schlaifer and headquartered in Tampa, FL, DAS Health provides managed IT services, cybersecurity, cloud hosting, re
Chetu Named a Workday Partner
SUNRISE, Fla.--(BUSINESS WIRE)-- #Brightspot--Chetu, a global leader in digital intelligence and software solutions, today announced it has been named a Workday sales partner.
Reynwood Communications Launches TextAware, Powered by Clerk Chat, to Modernize Business Messaging
WALL, N.J.--(BUSINESS WIRE)-- #10dlc--TextAware, powered by Clerk Chat, allows users to send and receive text messages using existing business phone numbers.
UMB Corporate Trust and Agency Services Adds 13 in California Expansion
KANSAS CITY, Mo.--(BUSINESS WIRE)--UMB Bank, n.a., a subsidiary of UMB Financial Corporation (Nasdaq: UMBF), announced today an expansion of its Corporate Trust and Agency Services group in California. UMB welcomes thirteen professionals formerly with Wilmington Trust to provide a wide range of corporate, municipal trustee, escrow and paying agent services. All but two of the new professionals will be based from Costa Mesa in Orange County, where UMB is opening a new office. The new office will
Faropoint Expands Midwest Leadership Team with Appointment of Starwood Capital Veteran Will Westhoff as SVP and Market Officer
HOBOKEN, N.J.--(BUSINESS WIRE)-- #chicago--Faropoint, a tech-enabled real estate investment manager specializing in last-mile industrial properties in high population growth markets, today announced the appointment of Will Westhoff as Senior Vice President and Market Officer for the Midwest region. In this role, Mr. Westhoff will oversee acquisitions, asset management, and construction practices for Faropoint's growing Midwest portfolio, which currently encompasses approximately 4 million square feet acro
KBRA Assigns Preliminary Ratings to Provident Funding Mortgage Trust 2025-2 (PFMT 2025-2)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 30 classes of mortgage pass-through certificates from Provident Funding Mortgage Trust 2025-2 (PFMT 2025-2). Provident Funding Mortgage Trust 2025-2 (PFMT 2025-2) is an agency eligible conforming RMBS transaction comprising 708 residential mortgages with an aggregate principal balance of $358.1 million as of the May 1, 2025 cut-off date. The underlying collateral consists entirely of agency-eligible, fully amortizing, fixed-rate mor
Snowplow Unveils Signals: Real-Time Customer Intelligence Infrastructure for AI-Powered Products
BOSTON--(BUSINESS WIRE)--Snowplow launches Signals, enabling real-time customer intelligence for AI-powered apps with deep behavioral context and hyper-personalization.
James Regan Joins Clutch as Chief Strategy Officer to Lead Bold Growth and Innovation
RANCHO CORDOVA, Calif.--(BUSINESS WIRE)--Clutch, a company of The RADZ Group known for its human-centered approach to business strategy and experience management, announced today that James Regan has joined as Chief Strategy Officer. Regan will lead planning and innovation to expand the company’s reach and impact across public, private, and nonprofit sectors. Regan brings 15 years of experience in government, healthcare, and technology transformation. Most recently, he served as Deputy Secretar
Staples Brings Back the Iconic Easy Button for its 20th Anniversary
FRAMINGHAM, Mass.--(BUSINESS WIRE)-- #ThatWasEasy--Staples brings back the iconic Easy Button, redefining what “easy” means for today’s modern consumer and workplace.
Arden Surpasses Major Premium Milestone in Another Year of Rapid Growth
GLENDALE, Calif.--(BUSINESS WIRE)--Arden Insurance Services LLC (“Arden” or the “Company”), a high-growth, tech-enabled managing general agency (MGA), announced today that it has surpassed $300 million of in-force premium since its founding in June 2016. Arden now insures over $175 billion of total insured value. Arden has fueled its growth by leveraging a unique combination of dynamic risk selection, proprietary technology, advanced data analytics, and specialized distribution that provides it
The ANB Corporation Announces Extension and Amendment of Tender Offer
TERRELL, Texas--(BUSINESS WIRE)--The ANB Corporation (the “Company”) today announced that the expiration date of the previously announced tender offer for up to 2,000 shares of the Company’s common stock has been: (1) extended until 9:00 a.m., Central Daylight Time, on June 5, 2025, unless the tender offer is further extended or earlier terminated, and (2) amended to increase the number of shares to be tendered from a maximum of 2,000 shares of the Company’s common stock to a maximum of 3,000 s
Mural Survey: Despite Perceived Confidence in Go-To-Market Processes, 85% of Teams Report Regular Misalignment — Putting Outcomes and Revenue at Risk
SAN FRANCISCO--(BUSINESS WIRE)--New data from Mural reveals the challenges go-to-market teams face in meeting business objectives due to breakdowns in collaboration.