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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlook to negative from stable for the Long Term-Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Queen City Assurance, Inc. and Vine Court Assurance Incorporated, both domiciled in Burlington, VT, and collectively referred to as Queen City Assurance Group (the group). The outlook of the FSR is stable. The Credit Ratings (ratings) reflect th

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 72 classes of mortgage-backed notes from AHMC 2026-CNF2 Trust. The transaction is sponsored and serviced by AmeriHome Mortgage Company, LLC (AmeriHome) and is comprised of 741 residential mortgage loans with an aggregate unpaid principal balance (UPB) of approximately $391.4 million as of the October 1, 2026 cut-off date. The underlying collateral consists primarily of 30-year fixed-rate qualified mortgages (FRMs). KBRA’s rating app

CHICAGO--(BUSINESS WIRE)--The Board of Trustees of two Nuveen closed-end funds has approved fund name changes. Nuveen New York Municipal Value Fund (NYSE: NNY) will be renamed Nuveen New York Municipal Income Fund, and Nuveen California Municipal Value Fund (NYSE: NCA) will be renamed Nuveen California Municipal Income Fund. The name changes will not alter the investment approach, investment objectives or policies of either fund. The name changes are expected to go into effect on October 30, 20

CHICAGO--(BUSINESS WIRE)--The Board of Directors of Nuveen Municipal Value Fund, Inc. (NYSE: NUV) and the Board of Trustees of Nuveen AMT-Free Municipal Value Fund (NYSE: NUW) has approved new investment policies for each fund. The changes will not alter the investment approach or investment objectives of either fund.The new investment policies are expected to go into effect on October 30, 2026.New 80% Investment PolicyUnder normal circumstances, each Fund will invest at least 80% of its Assets

NEW YORK--(BUSINESS WIRE)---- $DUOL #ClassActionLawsuit--The law firm of Kirby McInerney LLP announces that a class action lawsuit has been filed on behalf of investors who acquired Duolingo, Inc. (“Duolingo” or the “Company”) (NASDAQ: DUOL) securities between May 2, 2025 and February 26, 2026, inclusive (“the Class Period”). If you suffered a loss on your Duolingo investments, you have until December 7, 2026 to request lead plaintiff appointment.[CONTACT THE FIRM IF YOU SUFFERED A LOSS]Investors are encouraged to fill out t

NEW YORK--(BUSINESS WIRE)--Kalshi, the next-generation financial exchange, today announced a partnership with the U.S. Black Chambers, Inc. (USBC), which represents over 145 chambers of commerce and business organizations and approximately 326,000 Black businesses nationwide. The partnership will provide resources and education to help black owners manage their business risk. Kalshi will host an interactive risk management workshop, introducing chamber members to hedging. Business owners and en

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Allina Health and Aetna Insurance Company (Allina Health) (St. Louis Park, MN). Allina Health is a joint venture subsidiary of Aetna, Inc. The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process

CHICAGO--(BUSINESS WIRE)--New research from Vitality, a global leader in behavioral change in health, has found that U.S. workers lose an average of 63.4 days of productive time each year because of poor physical and mental health. For the purposes of the Index, “productive days lost” converts both time missed through absence and estimated reductions in performance while at work into the equivalent number of full working days. Of those, 53.9 days (85% of the total) are lost while employees are

MILLERSBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bank (the “Bank”), a wholly-owned subsidiary of Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB), is pleased to announce that Christopher Nestore has joined the Bank as senior executive vice president and chief risk officer. Nestore will lead the Bank’s enterprise risk management function and report to Rory Ritrievi, president and CEO of Mid Penn Bank. “Chris brings an exceptional depth of experience across operational risk, regulatory oversight and

KANSAS CITY, Mo.--(BUSINESS WIRE)--Federal Reserve Financial Services (FRFS) today announced the selection of Kim Robbins as its new Chief Payments Executive (CPE), effective Nov. 16, 2026. Robbins succeeds Mark Gould, who is retiring after more than three decades of service with the Federal Reserve System. In this role, Robbins will oversee a Federal Reserve portfolio of financial services that includes retail, wholesale, securities, and instant payment offerings across the United States.Robbin

OLDWICK, N.J.--(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 Aetna Health Insurance Company of New York. (New York, NY). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process.The ratings reflect Aetna Health Insurance Company of New York’s balance sheet

OLDWICK, N.J.--(BUSINESS WIRE)--The October issue of Best’s Review explores executives' ideas on where technology will take the insurance industry over the next decade. Read more: “Beyond Automation: How AI, Telematics and Emerging Tech are Reshaping Insurance.” Also featured: “AI: Auto Insurance Pricing Will Focus More on Data, Less on Drivers” examines the future of auto insurance pricing as technology evolves, asking the technology itself to predict the outlook. “Auto Insurers Pursue Fewer R

NEW YORK--(BUSINESS WIRE)-- #credit--Corre Partners announces the initial close of Horizon III Fund. Corre Partners is a middle market turnaround specialist established in 2009.

COLUMBUS, Ohio--(BUSINESS WIRE)--Schneider Downs has signed a lease for a new Grandview Yard office, reinforcing its commitment to Columbus and future growth in Central Ohio.

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that it has entered into a $135.0 million refinancing of the mortgage loan secured by West County Center, a dominant regional mall located in St. Louis, Missouri.The new non-recourse loan replaces an existing $136.4 million loan that was scheduled to mature in December 2026. The new loan carries a five-year term with a fixed interest rate of 7.4%. After repayment of the maturing loan and the release of existing escro

LOS ANGELES--(BUSINESS WIRE)--WhiteHawk Capital Partners Leads $560 Million Financing to Support Bally’s Bronx Development

AUSTIN, Texas--(BUSINESS WIRE)--15Five Saddles Up for “Thrive Live” in Austin, Showcases New Features to Help Managers Lead with Greater Context and Personalization

SAN DIEGO--(BUSINESS WIRE)---- $CCB #CCB--The case alleges Coastal Financial and certain of its top executives made false and/or misleading statements to investors.

BOSTON--(BUSINESS WIRE)-- #HolidayShopping--Holiday retail sales forecasts are mixed. Americans plan to spend 5.5% less this season, an average of $1,018, according to Simon-Kucher's 8th Annual Holiday Shopping Study, returning back to 2024 levels. As household budgets shrink, any retail revenue growth will likely come from higher prices, rather than more purchases, causing retailers to fight for every hard-earned dollar. "Holiday budgets are being reset, not abandoned," said Shikha Jain, Partner and Head of Cons

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Webull Corporation (NASDAQ: BULL) between April 26, 2025 and October 6, 2026, both dates inclusive (the “Class Period”). The lawsuit seeks to recover damages for Webull investors under the federal securities laws.To join the Webull class action, go to https://rosenlegal.com/cases/webull-corporation/join or call Phillip Kim, Esq.