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AM Best Affirms Credit Ratings of MSIG Europe SE

Fri, 09/05/2025 - 12:30
AMSTERDAM--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of MSIG Europe SE (MSIG Europe) (Belgium). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect MSIG Europe’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 management. In addition, MSIG Europe’s ratin

Best’s Market Segment Report: Evolving and Shifting Dynamics in the Health Reinsurance Space

Fri, 09/05/2025 - 12:30
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Aging populations and increased health care needs across developed and emerging markets have contributed to the growth of global health reinsurance in recent years, according to a new AM Best report. However, the increased usage of health reinsurance has been driven by greater claim costs, including more high-dollar claims in the United States, combined with increased utilization. The Best’s Market Segment Report, “Evolving and Shifting Dynamics in the Health Rei

Vested and Scrunch AI Form Partnership to Expand AI Search and Content Optimization Capabilities for Financial Services Brands

Fri, 09/05/2025 - 12:30
NEW YORK--(BUSINESS WIRE)--Vested, the leading marketing and communications agency dedicated to financial services, has announced a strategic partnership with Scrunch AI, a pioneering platform that enables businesses to monitor, analyze, and optimize how their brands appear in AI platforms, such as ChatGPT, Perplexity, Meta AI, and more. With millions of people getting advice and recommendations from AI and preferring answers instead of links, this collaboration will help financial brands maint

Acadian Asset Management Inc. Chairman John Paulson Reaffirms Commitment as Long-Term Shareholder

Fri, 09/05/2025 - 12:30
BOSTON--(BUSINESS WIRE)--Acadian Asset Management Inc. (NYSE: AAMI) Chairman John Paulson today commented, “I’m enthusiastic about Acadian’s transition into the only pure-play public systematic manager. Since this transition, Acadian has experienced strong operating performance and asset growth, and we remain excited about its future prospects. This week in response to investor interest through reverse inquiry, we sold a relatively small block of stock for rebalancing purposes. After the sale,

WSFS Announces Kevin Stach as Senior Vice President, Middle Market Senior Relationship Manager

Fri, 09/05/2025 - 12:30
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced today the addition of industry veteran Kevin Stach to its growing middle market team. As Senior Vice President, Middle Market Senior Relationship Manager, Stach will be focused on serving family- and sponsor-owned companies with revenues between $50-250 million for the Greater Philadelphia area. Prior to joining WSFS, Stach spent more than eight years in New York City as a Co

Best’s Special Report: AM Best Updates Net Capital Charge Tables for ACIS/CIRT Reinsurance Transactions

Fri, 09/05/2025 - 09:30
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs—Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key components of the factor-based method used to calculate net capital charges in the Best’s Capital Adequacy Ratio (BCAR) m

First Trust Changes Investment Strategies, Name and Other Related Matters for First Trust EIP Carbon Impact ETF

Fri, 09/05/2025 - 09:30
WHEATON, Ill.--(BUSINESS WIRE)--First Trust Advisors L.P. (“FTA”) announces the First Trust EIP Carbon Impact ETF (NYSE Arca: ECLN) (the “Fund”), a series of First Trust Exchange-Traded Fund IV (the “Trust”), changed its investment strategies, name and other related matters, effective September 5, 2025. The Fund’s new name is the First Trust EIP Power Solutions ETF and the Fund’s new ticker is FPWR. In connection with the change to the Fund’s name, the Fund’s non-fundamental investment policy t

Klaviyo to Hold Investor Day at K:BOS on September 25, 2025

Fri, 09/05/2025 - 09:30
BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (NYSE: KVYO), the only CRM built for consumer brands, today announced that it will host an Investor Day on September 25, 2025 in conjunction with K:BOS, its flagship event for global consumer businesses and partners. The Investor Day will begin at approximately 10:00 a.m. ET / 7:00 a.m. PT and end at approximately 1:00 p.m. ET / 10:00 a.m. PT. A live webcast of the Investor Day, along with the accompanying slides, will be accessible on the ‘Events & Pr

U.S. Continuing Legal Education Market Research Report 2025-2030 | $5.25+ Bn Market Remains Fragmented as Major Providers Expand Content and Partnerships to Stay Competitive - ResearchAndMarkets.com

Fri, 09/05/2025 - 09:30
DUBLIN--(BUSINESS WIRE)--The "U.S. Continuing Legal Education Market Research Report 2025-2030" report has been added to ResearchAndMarkets.com's offering. The U.S. Continuing Legal Education Market was valued at USD 5.26 Billion in 2024, and is projected to reach USD 8.35 Billion by 2030, rising at a CAGR of 8.01% The U.S. continuing legal education (CLE) market report consists of exclusive data on 33 vendors. The U.S. continuing legal education (CLE) market is highly competitive and fragmente

K:BOS is Back! Featuring Paige DeSorbo, Omar Johnson, and B2C Business Leaders from Away, Glossier and Princess Polly

Fri, 09/05/2025 - 09:30
BOSTON--(BUSINESS WIRE)--On September 25–26, 2025, Klaviyo’s flagship event, K:BOS, will take over the Hynes Convention Center in Boston. Fresh off the heels of K:LDN and K:SYD, K:BOS will bring together more than a thousand Klaviyo customers, partners and brand leaders to share strategies, showcase innovation, and define what’s next for the global B2C marketing community. K:BOS is more than a conference; it's where B2C leaders come together to set the standard for how brands will engage and wi

Mosaic Receives Court Approval of Plan of Reorganization

Fri, 09/05/2025 - 09:30
OAKLAND, Calif.--(BUSINESS WIRE)--Solar Mosaic (the “Company” or “Mosaic”), a fintech platform for U.S. residential solar and energy-efficient home improvements, announced that the United States Bankruptcy Court for the Southern District of Texas (the “Court”) has approved its Chapter 11 Plan of Reorganization (the “Plan”), which allows for the recapitalization of the loan servicing operation (the “Reorganization Transaction”) by Solar Servicing LLC (“Solar Servicing”), a wholly owned subsidiar

Aspen Power Closes Tax Equity Financing to Advance Solar Projects Across Three States

Fri, 09/05/2025 - 09:30
NEW YORK--(BUSINESS WIRE)--Aspen Power, a leading distributed generation platform dedicated to building the clean energy future, today announced the closing of a new tax equity facility with Monarch Private Capital. The investment will support Aspen Power solar project portfolios across New York, Illinois, and Pennsylvania, further advancing the company’s 2025 pipeline. With this latest transaction, Aspen Power has secured a total of $66 million in tax equity commitments during the first eight

ExchangeRight’s Income REIT Strategy Now Available on iCapital Marketplace

Fri, 09/05/2025 - 09:30
PASADENA, Calif.--(BUSINESS WIRE)-- #1031exchange--ExchangeRight has announced that its Income REIT strategy is now live and available on the iCapital Marketplace, a leading global fintech platform for alternative investments. This launch expands access to ExchangeRight’s diversified real estate investments for wealth advisors across the country. This collaboration marks a significant step in providing simplified access to ExchangeRight’s REIT’s historically recession-resilient, institutionally managed portfol

ETF.com Appoints Caren Paradise Kohl as Head of Digital Sales

Fri, 09/05/2025 - 09:30
BOSTON--(BUSINESS WIRE)--ETF.com today announced the appointment of Caren Paradise Kohl as Head of Digital Sales, joining the leadership team as the company accelerates its evolution into a modern, events-first multimedia platform. She will oversee all digital sales efforts, including advertising, custom content partnerships, and events. Kohl brings over two decades of media sales and brand strategy experience, having held senior commercial roles at VettaFi (formerly ETF Trends & ETF Databa

VanEck Announces Changes to ETF Product Line

Fri, 09/05/2025 - 09:30
NEW YORK--(BUSINESS WIRE)--VanEck is today announcing changes to its ETF product lineup.

Eaton Vance Municipal Bond Fund Announces Preliminary Results of Tender Offer

Fri, 09/05/2025 - 09:30
BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the preliminary results of the Fund’s cash tender offer for up to 5% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on September 4, 2025 (the “Tender Offer”). The table below shows the preliminary results for the Fund: Common Shares Offered to Purchase Pursuant to the Tender Offer Common Shares Properly Tendered Purchase Price of Properly Tendered Common Shares* 2,

The Presidio Group exclusively advises on the sale of Mid-Hudson Subaru in New York

Fri, 09/05/2025 - 09:30
WAPPINGERS FALLS, N.Y.--(BUSINESS WIRE)--The Presidio Group LLC (“Presidio”), an independent merchant banking firm focused on mergers and acquisitions, capital raising and investments in the automotive retail and consumer mobility sectors, exclusively advised Chris Turner on the sale of Mid-Hudson Subaru in Wappingers Falls, N.Y., to VIP Automotive Group. The transaction was finalized Sept. 4 and included all dealership real estate. “It has been a privilege to serve the Wappingers Falls communi

SCOREalytics Raises $3M+ Seed Funding Amid Surge in AI-Powered Legal Intelligence Adoption by Legal Teams and Global Law Firms

Fri, 09/05/2025 - 09:30
PARK CITY, Utah--(BUSINESS WIRE)--SCOREalytics, the AI-powered legal intelligence platform transforming how organizations detect and manage legal risk, today announced it has raised over $3 million in seed funding. The investment, led by Moneta Ventures with participation from Ollin Ventures, will enable SCOREalytics to scale its technology, expand its suite of products, and accelerate adoption among legal and compliance teams worldwide. SCOREalytics helps enterprises and law firms proactively

Silver Pegasus Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights Commencing September 8, 2025

Fri, 09/05/2025 - 09:30
SANTA CLARA, Calif.--(BUSINESS WIRE)--Silver Pegasus Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares

Ryan Specialty Launches New Collateralized Reinsurance Vehicle to Support Its Delegated Underwriting

Fri, 09/05/2025 - 09:30
CHICAGO--(BUSINESS WIRE)--Ryan Specialty launches pioneering collateralized reinsurance vehicle that includes property cat and casualty combined in a single ILS structure.

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