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AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York (New York, NY), together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of Symetra Life Group’s parent, Symetra Financial Corporation. The outlook of the

Deadline Soon: SoundHound AI, Inc. (SOUN) Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz About Securities Fraud Lawsuit

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming May 27, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired SoundHound AI, Inc. (“SoundHound” or the “Company”) (NASDAQ: SOUN) securities between May 10, 2024 and March 3, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON SOUNDHOUND AI, INC. (SOUN), CLICK HERE TO PARTICIPATE IN THE SECURI

Playback Now Available for Webinar on the Top Auto Insurance Trends

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
OLDWICK, N.J.--(BUSINESS WIRE)--Video playback is now available for a complimentary webinar, titled ,“The Risks Right Now: Market Shifts Shaping U.S. Auto Insurance,” hosted by AM Best and sponsored by LexisNexis Risk Solutions. Access it here. Multiple long-term trends reached inflection points in 2024. Due to major shifts in retention rates, shopping levels and attorney representation, the future of the U.S. auto insurance industry has never felt more fluid. Watch now to better understand the

Deadline Soon: Ultra Clean Holdings, Inc. (UCTT) Investors Who Lost Money Urged to Contact the Law Offices of Frank R. Cruz About Securities Fraud Lawsuit

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming May 23, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired Ultra Clean Holdings, Inc. (“Ultra Clean” or the “Company”) (NASDAQ: UCTT) securities between May 6, 2024 to February 24, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON ULTRA CLEAN HOLDINGS, INC. (UCTT), CLICK HERE TO PARTICIP

Genworth Financial Announces Results of Annual Meeting

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
RICHMOND, Va.--(BUSINESS WIRE)---- $GNW #genworth--Genworth announces results of annual meeting.

South Carolina Supreme Court Affirms the Power of State Court Receivers

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
DALLAS--(BUSINESS WIRE)--The South Carolina Supreme Court handed down a ruling that has major implications for asbestos litigation and insurance recovery. The state’s high court affirmed sanctions against Canadian company Atlas Turner Inc., including a default judgment for refusing to provide court-ordered discovery in an attempt to shield liability in an asbestos-related death. The ruling also upheld the appointment of a receiver to pursue the company’s insurance assets. “The ruling sends a cl

Voice is Here: MetroList Agents Streamline Listings with Lundy-Powered App

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
SACRAMENTO, Calif.--(BUSINESS WIRE)--Voice-controlled app from Lundy allows MetroList subscribers to collect property data on-site by speaking the property details during a home visit.

Jeremy Rosenthal Appointed as Independent Director to Linqto Board

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
SAN JOSE, Calif.--(BUSINESS WIRE)--Linqto, Inc. (“Linqto” or the “Company”), a leading financial technology platform providing investors access to late-stage, privately held companies, today announced that given the Company’s current situation, it is exploring all options to protect its assets and maximize value for Linqto stakeholders. As part of this effort, the Board voted to appoint restructuring expert and consultant Jeremy Rosenthal as an independent Director effective immediately. “We ar

Panish | Shea | Ravipudi LLP Obtains $37,025,000 Settlement for Injured Motorcyclist Pursuant to High/Low Agreement Reached Prior to $27,727,630 Jury Verdict

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
SAN DIEGO--(BUSINESS WIRE)-- #amputation--Attorneys for injured motorcyclist obtain a $37,025,000 settlement pursuant to a high/low agreement with defendants minutes before $27,727,630 verdict

KBRA Releases Research – Retail Sales Slow in April as Tariff Moves Unsettle Consumers

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases research examining moderating April retail sales and employment gains as uncertainty surrounding trade policy contributed to cautious consumer behavior and market volatility. Click here to view the report. Recent Publications Retail Sales and Jobs Growth Firm in March as Trade Tensions Whipsaw Markets Potential Impact of Tariffs on Municipal Credit Van Hesser’s 3 Things in Credit: A Weekly Podcast About KBRA KBRA, one of the major credit rating agencies,

KBRA Assigns Ratings to Finance of America Structured Securities Trust, Series 2025-PC2 (FASST 2025-PC2)

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns ratings to two classes of mortgage-backed notes from FASST 2025-PC2, a $215.1 million reverse mortgage transaction. The transaction collateral is comprised of seasoned jumbo “proprietary” reverse mortgage loans that were called from two previous securitization transactions sponsored by Finance of America Reverse LLC, proprietary reverse mortgage loans that were recently originated and additional participation interests that were not previously securitized

Korn Ferry to Participate in the William Blair 45th Annual Growth Stock Conference

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
LOS ANGELES--(BUSINESS WIRE)--Korn Ferry (NYSE: KFY) today announced it is participating in the William Blair 45th Annual Growth Stock Conference on Wednesday, June 4, 2025. Korn Ferry EVP, Chief Financial Officer and Chief Corporate Officer Robert Rozek will participate in a presentation beginning at 1:40 p.m. EDT. The event will be broadcast live and accessible to the general public here. The event can also be accessed through Korn Ferry’s Investor Relations website: Investor Relations: Korn

FHLB Dallas and Bonvenu Bank Award $351K to Habitat for Humanity St. Tammany West

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
MANDEVILLE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Bonvenu Bank (Bonvenu) celebrated awarding $351,264 in FHLB Dallas FORTIFIED and Disaster Rebuilding Assistance (DRA) grants at a media event today celebrating the grand opening of Bonvenu's new branch in Mandeville, Louisiana. The funds, which were awarded through FHLB Dallas member Bonvenu, will be used to make repairs for low-income households in Louisiana. Terri Gage, president and

Third Century Bancorp Announces Dividend

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
FRANKLIN, Ind.--(BUSINESS WIRE)--(OTCPINK: TDCB) - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that on May 21, 2025, the Board of Directors declared a dividend of $0.05 per share for shareholders of record on June 15, 2025. The dividend payable date is July 3, 2025. Founded in 1890, Mutual Savings Bank is a full-service financial institution with $314 million in assets as of March 31, 2025. In addition to its main office at 80 East Je

Tri-Continental Corporation Declares Second Quarter Distribution

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
BOSTON--(BUSINESS WIRE)--Tri-Continental Corporation (the “Corporation”) (NYSE: TY) today declared a second quarter ordinary income distribution of $0.2900 per share of Common Stock and $0.6250 per share of Preferred Stock. In addition, the Corporation declared a total capital gain distribution of $0.7620 per share of Common Stock. This capital gain distribution consists of short-term capital gains of $0.1983 and long-term capital gains of $0.5637. Distributions on Common Stock will be paid on

Arcadia Capital Advises Conquer on Strategic Acquisition of Full Circle Insights

Lastest from Businesswire - Thu, 05/22/2025 - 14:37
MIAMI--(BUSINESS WIRE)--Arcadia Capital, the premier strategic advisor and investment bank to leaders in the technology and software ecosystem, served as the exclusive financial advisor to Conquer, a portfolio company of Camden Partners, in its acquisition of Full Circle Insights, a portfolio company of Scaleworks. The acquisition brings together two category leaders to create the first Salesforce-native, closed-loop engagement platform, integrating marketing attribution, funnel analytics and s

Chamblee Ryan Adds Veteran Attorney Edward P. Quillin

Lastest from Businesswire - Thu, 05/22/2025 - 11:37
DALLAS--(BUSINESS WIRE)--Longtime Dallas trial attorney Edward P. Quillin has joined Chamblee Ryan P.C. as a partner, bringing to the firm more than 35 years of experience representing healthcare professionals in litigation and business-related matters. Board Certified in Civil Trial Law by the Texas Board of Legal Specialization, Mr. Quillin has tried more than 175 jury trials throughout Texas in cases involving catastrophic injury, property damage, and death. He has also represented individua

JKR Has Built the World’s Most Distinctive Brands. Now It’s Building the World’s Most Distinctive Branding Business.

Lastest from Businesswire - Thu, 05/22/2025 - 11:37
NEW YORK--(BUSINESS WIRE)-- #advertising--Over the past 35 years, JKR has creatively shaped some of the world’s most iconic brands—from Burger King and Budweiser to Dunkin’ and Walmart. Its legacy is rooted in a simple but powerful philosophy: Be Distinctive Everywhere. Under the leadership of Global CEO James Nixon, Chief Growth Officer Sara Hyman, and Global Chief Creative Officer Tosh Hall, JKR is now taking this belief system and showing brands and businesses that clients don’t need to choose between high

Engine Customers Save Over $200M with Flex and FlexPro — Now, the Platform Brings That Same Flexibility to Flights

Lastest from Businesswire - Thu, 05/22/2025 - 11:37
DENVER--(BUSINESS WIRE)--Engine, the modern business and group travel platform trusted by more than 900,000 travelers, announced today that its customers have collectively saved over $202 million through its Flex and FlexPro offerings — purpose-built to help small and medium-sized businesses (SMBs) adapt to the unpredictability of business travel. According to a survey of business travelers conducted by Engine, 93% report they expect plans to change within a week of scheduled travel more than h

AM Best Affirms Credit Ratings of Ameritas Life Insurance Corp. and Its Subsidiary

Lastest from Businesswire - Thu, 05/22/2025 - 11:37
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Ameritas Life Insurance Corp. (Lincoln, NE) and Ameritas Life Insurance Corp. of New York (New York, NY). These insurance entities comprise the life/health operations of Ameritas Mutual Holding Company (all companies are collectively referred to as Ameritas). Concurrently, AM Best has affirmed the Long-Term Issue Credit Rating (Long-T

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