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AM Best Upgrades Credit Ratings of Employers Holdings, Inc. and Its Subsidiaries

Wed, 01/08/2025 - 15:45
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating (FSR) to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Employers Preferred Insurance Company and its pooled affiliates, collectively referred to as Employers Insurance Group (Employers). (See below for a detailed list of companies.) Concurrently, AM Best has upgraded the Long-Term ICR to “bbb” (Good) from “bbb-” (Good) and the

Elizabeth Park Capital Management Names Financial Services Veteran J. Franklin Hall Partner and Deputy Portfolio Manager

Wed, 01/08/2025 - 15:45
CLEVELAND--(BUSINESS WIRE)--Elizabeth Park Capital Management, a leading alternative investments platform specializing in depository institutions, announced today the appointment of financial services veteran J. Franklin Hall as partner and deputy portfolio manager. Hall’s extensive industry expertise and leadership is expected to play a key role in driving EPCM’s growth and enhancing the firm’s investment strategies and operations. “Frank’s deep knowledge of the financial services sector, coup

First BanCorp to Announce 4Q 2024 Results on January 23, 2025

Wed, 01/08/2025 - 15:45
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--First BanCorp (the “Corporation”) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that it expects to report its financial results for the fourth quarter ended December 31, 2024, before the market opens on January 23, 2025. First BanCorp will hold a conference call and live webcast to discuss the financial results at 10:00 a.m. Eastern time on Thursday, January 23, 2025. The call and webcast will be broadcast live over the

Inverness Graham Announces the Sale of Concord Servicing

Wed, 01/08/2025 - 15:45
WAYNE, Pa.--(BUSINESS WIRE)--Inverness Graham (“IGI”), a Philadelphia-based buyout firm focused on acquiring innovative, high-growth companies where technology is transforming traditional industry, is pleased to announce the sale of Concord Servicing (“Concord”). Headquartered in Scottsdale, AZ, Concord is a leading provider of financial technology solutions to specialty loan markets including residential solar and energy efficient products. Acquired by Inverness Graham Investments IV and Inver

One View Presenting Dealer Lab Session on Safeguarding Data at NADA

Wed, 01/08/2025 - 15:45
INDIANAPOLIS--(BUSINESS WIRE)--One View, a leading provider of document management and data solutions for automotive dealerships, will have Joseph Green, Vice President of Operations, deliver a session titled "Protecting and Preserving Your Data" in the NADA Dealer Learning Lab on Sunday, January 26, at 9:15 a.m. CT. One View will exhibit its solutions, including its flagship product Vault, which helps dealerships simplify and safeguard their data, at NADA Show booth 7613 in New Orleans, Januar

New Study Finds Durbin-Marshall Credit Card Bill Could Cost U.S. Economy $227 Billion, 156K Jobs

Wed, 01/08/2025 - 15:45
WASHINGTON--(BUSINESS WIRE)--New data by leading global economic forecaster Oxford Economics Research shows that the Durbin-Marshall credit card bill introduced in 2023 could create an economic slowdown for the U.S. costing $227 billion in lost economic activity and 156,000 lost jobs. The impact to cities and states reliant on tourism could be catastrophic, causing top U.S. destination markets to suffer substantial consumer spending and job losses, putting local economies at risk of another dow

How to Get Back on the Right Financial Track After the Holidays

Wed, 01/08/2025 - 15:45
PHOENIX--(BUSINESS WIRE)--The holidays can be an excuse for one last blowout before vowing to reset financial goals in the new year. Credit card debt can accrue and savings deplete quickly as people enjoy the festivities. But with an action plan, short-term debt from the holiday season doesn’t need to saddle money aspirations in the year ahead. “Between buying gifts, traveling and taking advantage of available discounts, it’s not uncommon to run into short-term debt during the holidays,” said M

Rosen Law Firm Urges BioAge Labs, Inc. (NASDAQ: BIOA) Stockholders to Contact the Firm for Information About Their Rights

Wed, 01/08/2025 - 15:45
NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of stock of BioAge Labs, Inc. (NASDAQ: BIOA) pursuant and/or traceable to BioAge’s initial public offering conducted on September 26, 2024 (the “IPO”). BioAge describes itself as a “clinical-stage biopharmaceutical company that develops therapeutic product candidates for metabolic diseases, such as obesity, by targeting the biology of human agin

Eastern Bank Earns Top Score for 11th Consecutive Year in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

Wed, 01/08/2025 - 15:45
BOSTON--(BUSINESS WIRE)--Eastern Bank is pleased to announce that for the eleventh consecutive year, it received a score of 100 on the Human Rights Campaign Foundation’s 2025 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Eastern joins 765 U.S. businesses that also earned top marks this year. “At Eastern, advancing LGBTQ+ equality, both within and outside our organization, is a

Halle Capital-backed True Environmental Announces Acquisition of Ensero Solutions

Wed, 01/08/2025 - 15:45
DENVER--(BUSINESS WIRE)--Ensero Solutions (“Ensero”), an innovative leader in permitting, environmental assessment, water management, remediation technologies, and facility operations, today announced that it has joined True Environmental, Inc. (“True”), a platform focused on collaborating with founder and employee-owned environmental consulting and engineering firms to provide capital and management support solutions to accelerate growth and facilitate seamless ownership transitions. The union

Best's Review Presents 2025 Guide to Understanding the Insurance Industry

Wed, 01/08/2025 - 15:45
OLDWICK, N.J.--(BUSINESS WIRE)--Best’s Review starts the new year with the publication of the Guide to Understanding the Insurance Industry as the January edition of the magazine. A high-level overview designed with students, new employees and prospects in mind, the guide furthers the magazine's mission to inform readers about the workings of the insurance industry, particularly in the United States. Also included in the January issue: “AM Best: Social Inflation, Driver Shortage, Inexperience C

Assembly Group Announces Promotion of Pilar Caldwell to Partner

Wed, 01/08/2025 - 15:45
AUSTIN, Texas--(BUSINESS WIRE)--Assembly Group is thrilled to announce the promotion of Pilar Caldwell to Partner and Head of Product & Technology Practice. As a founding member of the Assembly team, Pilar has been instrumental in driving the firm's success and growth over the last 6 years. Pilar started her career in roles in corporate banking followed by network and business development at GLG. In her beginnings in Executive Search, she joined Vista Equity Partners where she played a pivo

549 Patients File Lawsuits Against Columbia University and OB/GYN Robert Hadden Citing Decades-Long Cover-Up

Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--The DiPietro Law Firm filed new round of lawsuits on behalf of another 80 former patients of Columbia University and its felon OB/GYN Robert A. Hadden

Stephens Insurance Announces Leadership Transition

Wed, 01/08/2025 - 12:44
LITTLE ROCK, Ark.--(BUSINESS WIRE)--Stephens Insurance, LLC, an affiliate of Stephens Inc., today announced that Korosh Saba is the new President and Chief Executive Officer and Lizzie Phillips Sanford is the new Chief Strategy Officer of Stephens Insurance. Miles Stephens, the former CEO of Stephens Insurance, was recently appointed Co-CEO of Stephens Inc. “Korosh is an exceptional leader who consistently provides outstanding client service,” said Miles Stephens, Co-CEO of Stephens Inc. “His i

Stephanie Cohn Rupp Named Board Chair for US SIF: The Sustainable Investment Forum

Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--Veris Wealth Partners today announced that Stephanie Cohn Rupp was named US SIF: The Sustainable Investment Forum’s Board Chair.

The Law Offices of Frank R. Cruz Continues Its Investigation of Globus Medical, Inc. (GMED) on Behalf of Investors

Wed, 01/08/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Continues Its Investigation of Globus Medical, Inc. (GMED) on Behalf of Investors

Shareholder Alert: Ademi LLP Investigates Whether Accolade, Inc. Is Obtaining a Fair Price for Its Public Shareholders

Wed, 01/08/2025 - 12:44
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Accolade (NASDAQ: ACCD) for possible breaches of fiduciary duty and other violations of law in its transaction with the Transcarent. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Accolade stockholders will receive $7.03 per share in cash, which represents a total equity value of ap

Eastdil Secured Appoints Ryan Shore as Managing Director

Wed, 01/08/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--Eastdil Secured, L.L.C. (“Eastdil Secured” or the “firm”), the global real estate investment bank, today announced that Ryan Shore has joined Eastdil Secured as Managing Director. Mr. Shore will be based in Dallas, where he will be a key member of the firm’s global Retail team. Bringing over two decades of experience in retail investment sales, Mr. Shore spent 15 years at HFF/JLL as Senior Managing Director, where he played a pivotal role in shaping the company’s reta

Deadline Alert: Capri Holdings Limited (CPRI) Investors Who Lost Money Urged To Contact Glancy Prongay & Murray LLP About Securities Fraud Lawsuit

Wed, 01/08/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP reminds investors of the upcoming February 21, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Capri Holdings Limited (“Capri” or the “Company”) (NYSE: CPRI) securities or sold puts between August 10, 2023 and October 24, 2024, inclusive (the “Class Period”). IF YOU SUFFERED A LOSS ON YOUR CAPRI INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURS

A Sales Pro Steps Up: F/m Investments Promotes Kimberly LaVigne to Head of Distribution

Wed, 01/08/2025 - 12:44
WASHINGTON--(BUSINESS WIRE)--F/m Investments ("F/m"), a $16 billion multi-boutique investment firm and innovative provider of exchange-traded funds (ETFs), is pleased to announce the promotion of Kimberly LaVigne to the newly created role of Head of Distribution, alongside several other strategic promotions across its sales leadership team. “I’m honored to step into this new role as Head of Distribution,” said Kimberly LaVigne. “F/m has earned a reputation for delivering innovative and impactfu

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