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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “ccc+” (Weak) from “ccc” (Weak) and affirmed the Financial Strength Rating (FSR) of C (Weak) of Cooperativa de Seguros de Vida de Puerto Rico (COSVI) (San Juan, Puerto Rico). The outlook of the Long-Term ICR has been revised to stable from positive. The outlook of the FSR is stable.The Credit Ratings (ratings) reflect COSVI’s balance sheet strength, which AM Best assesses as very weak, as w

FRANKENMUTH, Mich.--(BUSINESS WIRE)--Frankenmuth Insurance has once again earned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a+” with stable outlooks from AM Best, the insurance industry’s leading credit rating agency. The rating marks 49 consecutive years that Frankenmuth Insurance has maintained an A category rating from AM Best, underscoring the organization's long-standing financial strength and commitment to policyholders. AM Best’s evaluation reco

NEW YORK--(BUSINESS WIRE)--Cloudaware, a FinOps platform, today announced it has achieved FinOps Certified Platform status from the FinOps Foundation, the nonprofit organization defining best practices for managing variable cloud spend. The certification confirms that Cloudaware's product capabilities align with the FinOps Framework and that its team has demonstrated FinOps expertise through the Foundation's individual training and certification programs. The FinOps Certified Platform designati

LITTLETON, Colo.--(BUSINESS WIRE)--Ask just about anyone in Colorado how their summer is shaping up, and you'll hear some version of the same answer: the trip got shorter, the flight got cut, the campsite replaced the resort. Summer is still happening. It's just happening closer to home, on a tighter budget, with one eye on the gas pump.A new survey from Red Rocks Credit Union backs up what many Coloradans are already feeling. Of 300 residents surveyed1 in early June, 82% say the rising cost of

ARLINGTON, Texas--(BUSINESS WIRE)--North Central Texas Council of Governments and Alliance for Innovation Sign Historic Cooperative Purchasing Agreement

OKLAHOMA CITY--(BUSINESS WIRE)--Baker Mayfield, Jalen Williams, and Sydney McLaughlin-Levrone make significant investment in Oklahoma City's new professional soccer club.

NEW YORK--(BUSINESS WIRE)--JPMorganChase today announced a significant expansion of its community banking efforts to help more people build the knowledge and confidence to manage their money. To scale proven local solutions faster and further, JPMorganChase will hire more than 150 additional Community Managers and double the number of Community Centers to expand financial health education programming with the goal of reaching 5 million people. Together, these efforts are expected to create appr

BOSTON--(BUSINESS WIRE)--Nebulock, the AI-native contextual security platform, today announced it has raised $25 million in Series A financing led by FirstMark, with participation from existing investors Bain Capital Ventures, Decibel, Zetta Venture Partners, and Step Function.The new financing comes less than a year after Nebulock emerged from stealth, underscoring both the company’s rapid momentum and a fast-evolving threat landscape. In that time, Nebulock has earned the trust of Fortune 500

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes issued by PRKCM 2026-AFC4 Trust, a $344.0 million non-prime RMBS transaction. The underlying collateral consists of 835 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) representing 95.9% and 4.1% of the pool, respectively. The transaction includes a meaningful concentration of collateral that KBRA considers non-prime. All of the loans were origin

NEW YORK--(BUSINESS WIRE)--GrailPay, the risk and data network for B2B payments, today announced a $10.5 million Series A led by MissionOG, with participation from EJF Ventures, Counterpart Ventures, Construct Capital, Commerce Ventures, and SSC Venture Partners. The funding will accelerate expansion of GrailPay’s Payments Identity Network, the trust layer for bank account risk in the future of agentic and instant business payments. “$80T. That's the size of the B2B payments economy that will g

ATLANTA--(BUSINESS WIRE)--Greenlight, the family technology company trusted by over 6.5 million family members, today announced its further expansion into the family tech category with the launch of Greenlight Family Hub. Hub is a dedicated smart home display built for families – a single shared household command center to coordinate calendars, photos, chores, an AI family assistant, grocery lists, and safety features for the whole family. Greenlight Family Hub is the latest addition to the Gre

HOUSTON--(BUSINESS WIRE)--Twenty-one partners with Schouest, Bamdas, Soshea & BenMaier (SBSB) have been selected for the 2026 inaugural edition of the Lawdragon 500 Leading Lawyers in Maritime, Admiralty & The High Seas. Lawdragon said it launched the maritime attorneys list to recognize the leaders in “one of the great historic practices, crossing borders, building industry and embracing exploration.” SBSB’s honorees in the new Lawdragon list include name partners John Schouest, Robert

CHICAGO--(BUSINESS WIRE)-- #growth--Relation Insurance Services ("Relation") today announced that Matthew Schott, Kevin Smith, Courtney Maugé, Jonathan Franznick and Scott Moseley have joined Relation's Specialty Practice. Together, they bring deep expertise and proven leadership experience for delivering specialized solutions for clients facing increasingly complex risks across management and financial lines, cyber risk, private equity risk and claims advocacy. "Matt, Kevin, Courtney, Jonathan and Scott

SAN FRANCISCO--(BUSINESS WIRE)--Visa (NYSE: V), a global leader in digital payments, today announced the launch of Visa Destinations, a passion-led travel platform live in 10 major locations around the world, as the company redefines its role in the rapidly growing experience-driven travel economy. The move marks a strategic expansion of Visa’s role beyond payments, positioning the company at the center of how travelers discover, plan and experience trips. According to Visa research, travelers

IRVING, Texas--(BUSINESS WIRE)--As marketers and public relations professionals face increasing pressure to break through digital clutter, create meaningful audience connections and demonstrate measurable results, leaders from Promotional Products Association International (PPAI), the American Marketing Association (AMA) and the Public Relations Society of America (PRSA) agree that branded merchandise has evolved from a tactical giveaway into a strategic communications channel.During a roundtabl

ST. PETERSBURG, Fla.--(BUSINESS WIRE)--Dynasty Financial Partners (“Dynasty”) today announced the addition of former Major League Baseball (“MLB”) player Matthew LaPorta as its newest Executive-in-Residence. Dynasty created the Executive-in-Residence position as a core part of the firm’s “Advisor to CEO” program, which provides content and coaching for CEOs in Dynasty’s Network of independent RIAs. The program was launched in 2023. LaPorta was a two-time All-American and two-time SEC Player of

NEW YORK--(BUSINESS WIRE)--Arena has been ranked as a leading communications advisor in crisis and risk management and litigation support in Chambers & Partners’ 2026 rankings. This marks the second consecutive year Arena has been ranked in its four-year history and its inaugural ranking in litigation support. When interviewed by Chambers, clients highlighted Arena’s partnership and deep strategic capabilities to navigate both crises and litigation challenges and produce favorable outcomes,

NEW YORK--(BUSINESS WIRE)--MN8 Energy (MN8), a leading U.S.-based Independent Power Producer (IPP) specializing in solar and battery energy storage solutions, today announced it has been recognized with a Proximo 2025 Deal of the Year Award in the Project Bond category for its U.S. solar and BESS Master Indenture Structure (MIS) portfolio financing. The team was formally honored June 24 in Nashville, Tennessee, at the Country Music Hall of Fame and Museum during Proximo’s annual awards ceremony

OMAHA, Neb.--(BUSINESS WIRE)--Orion Ascent 2027, the financial industry’s signature wealthtech event, will take place February 22–25, 2027 at the Hyatt Regency in Orlando, Florida.

CHICAGO--(BUSINESS WIRE)--Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, today announced a suite of integrations with Microsoft technologies designed to bring Morningstar’s trusted investment intelligence directly into AI-powered workflows used by financial services firms. The integrations span Microsoft 365 Copilot, Copilot Studio, and Microsoft 365 ecosystems, enabling investment professionals to access Morningstar’s analyst-driven insights and invest