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OnPay Raises Over $100 Million in Funding

Tue, 01/07/2025 - 12:44
ATLANTA--(BUSINESS WIRE)--OnPay, a leading provider of payroll, HR, and benefits solutions, announced today that it has secured more than $100 million in funding. The funding consists of a $63 million Series B funding round led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, as well as existing investors, and a debt facility provided by MC Credit Partners. “This funding represents a transformative

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Sutton National Group’s Members

Tue, 01/07/2025 - 12:44
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has removed under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Sutton Specialty Insurance Company (SSIC) and Sutton National Insurance Company (SNIC), which are collectively known as Sutton National Group (the group). SSIC and SNIC are domiciled in Oklahoma City, OK. The outlook assigned to these Credit Ratings (ratings) is stable. The ratings r

Realbotix Unveils New Robotic Technology At CES 2025

Tue, 01/07/2025 - 12:44
LAS VEGAS--(BUSINESS WIRE)--Realbotix Corp. (TSX-V: XBOT) (Frankfurt Stock Exchange: 76M0.F) (OTC: XBOTF) (“Realbotix” or the “Company”), a leading creator of humanoid robots and companionship-based AI, unveiled its latest humanoid robot, Melody, at the 2025 Consumer Electronics Show (“CES”). Melody is an open-source robot designed with upgraded features to improve functionality, adaptability, and user experience. By incorporating advanced motor technology, Melody enhances movement fluidity, mo

Emerging Technology for Workforce Development on Full Display at CES 2025

Tue, 01/07/2025 - 12:44
LAS VEGAS--(BUSINESS WIRE)--SkillsNation, a workforce development engine led by the DC Department of Employment Services, the Capital Workforce Innovation Consortium, and powered by BuildWithin, will make its debut at CES 2025, the world’s largest innovation showcase. Featured Technologies AI Agents: Screener, Recruiters and Case Manager Celeste, an advanced AI agent, interviews job seekers, translates their experiences into actionable insights, and identifies their transferable skills. With he

Academy Securities Announces Appointment of New President, Spencer Wilcox

Tue, 01/07/2025 - 12:44
NEW YORK--(BUSINESS WIRE)--Academy Securities, the nation’s first Post-9/11 veteran owned and operated investment bank, is pleased to announce the appointment of Spencer Wilcox as its new President. Spencer Wilcox, a Post-9/11 Navy Veteran, has served as a Managing Director at Academy for the past 8 years. Most recently, Mr. Wilcox was the Head of Fixed Income and Capital Markets where he helped grow the firm tremendously in both of these sectors. His track record of leadership and innovation w

Inland Investments Announces United Leadership to Drive Strategic Growth and Empower Continued Innovation in 2025

Tue, 01/07/2025 - 12:44
OAK BROOK, Ill.--(BUSINESS WIRE)--Inland Real Estate Investment Corporation ("Inland Investments"), announced its new executive structure.

Milliman analysis: Q3 2024 mortgage default risk ticks up to 2.12%

Tue, 01/07/2025 - 12:44
SEATTLE--(BUSINESS WIRE)--Milliman has just released the latest results of its Mortgage Default Index.

The Law Offices of Frank R. Cruz Continues Its Investigation of DoubleVerify Holdings, Inc. (DV) on Behalf of Investors

Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)---- $STOCKS--The Law Offices of Frank R. Cruz Continues Its Investigation of DoubleVerify Holdings, Inc. (DV) on Behalf of Investors

For The Real Body Builders Podcast Launches on Dear Media, Hosted by Ritual Founder & CEO Kat Schneider

Tue, 01/07/2025 - 12:44
LOS ANGELES--(BUSINESS WIRE)--Dear Media, the multi-platform media company with a mission to amplify women’s voices and narratives, announced today the launch of For The Real Body Builders, a new podcast in partnership with Ritual, the women’s health company working to set a new standard in the supplement industry through traceable science and sourcing. Join Ritual founder and CEO Kat Schneider for engaging, informative conversations focusing on the multitude of overlooked moments in women’s he

Acadia Healthcare to Participate in 43rd Annual J.P. Morgan Healthcare Conference

Tue, 01/07/2025 - 12:44
FRANKLIN, Tenn.--(BUSINESS WIRE)--Acadia Healthcare Company, Inc. (NASDAQ: ACHC) today announced that the Company will participate in the 43rd Annual J.P. Morgan Healthcare Conference, January 13-16, 2025, in San Francisco, California. In connection with the conference, there will be an online webcast of the Company’s presentation available on the Company’s website starting at 1:30 p.m. Pacific Time/3:30 p.m. Central Time on Tuesday, January 14, 2025. The live webcast of the presentation will b

KBRA Releases Monthly CMBS Trend Watch

Tue, 01/07/2025 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases the December 2024 issue of CMBS Trend Watch. U.S. CMBS ended the year on a high note, as issuance exceeded $100 billion—a level experienced only once since the global financial crisis (GFC). Moreover, 2024’s $104.1 billion in issuance marks a year-over-year (YoY) increase of 164.7%. Commercial real estate collateralized loan obligations (CRE CLO) also saw an uptick in issuance and ended the year at $8.7 billion, up 29.9% YoY. The momentum is continuing i

Winston & Strawn Continues Expansion in Miami with the Addition of Juan M. Delgado

Tue, 01/07/2025 - 12:44
MIAMI--(BUSINESS WIRE)--Winston & Strawn announced today the addition of Juan M. Delgado as a partner in the firm’s growing Miami office. He joins the Transactions Department, where he will focus his practice on advising multinational clients on cross-border transactions throughout Latin America and the United States. Juan has extensive experience in domestic and international corporate representations, including mergers and acquisitions, private securities offerings, bank financings, and t

Built In Honors Simplex Trading in Its Esteemed 2025 Best Midsize Places To Work in Chicago Awards

Tue, 01/07/2025 - 12:44
CHICAGO--(BUSINESS WIRE)-- #LifeatSimplex--Simplex Trading, one of the country’s top market makers in equity options and future options, has been awarded a spot on Built In Chicago’s 2025 Best Midsize Places To Work Awards. Built In’s annual awards program honors the leading technology-driven companies of all sizes across the United States. “We are ecstatic to be publicly recognized for the culture we have crafted at Simplex,” said Christa Gochenaur, Director of Human Resources at Simplex. “For the second year

WSFS CARES Foundation Supports Community Organizations with $165K in Fourth Quarter Grants

Tue, 01/07/2025 - 12:44
WILMINGTON, Del.--(BUSINESS WIRE)--The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to four organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation. The grants, approved in the fourth quarter by the WSFS CARES Foundation board, will support the following organizations: Community Education Building ($285,000 Grant to be paid over 3 years) Community Education Building (CEB) was establis

Orion Welcomes Fintech Veteran Arun Anur as Chief Operating Officer

Tue, 01/07/2025 - 12:44
OMAHA, Neb.--(BUSINESS WIRE)--Orion, the premier provider of transformative wealthtech solutions for financial advisors and the enterprise firms that serve them, is pleased to announce the appointment of Arun Anur as Chief Operating Officer, effective December 9, 2024. In this role, Arun has responsibility for Orion’s client experience delivery, including service, operations, data reconciliation and onboarding. Bringing over 30 years of experience in the financial services and software as a ser

Crestline Investors Closes $1 Billion Middle Market CLO

Tue, 01/07/2025 - 12:44
FORT WORTH, Texas--(BUSINESS WIRE)--Crestline Investors, Inc., a global alternative investment manager, today announced that it has closed Crestline Direct Lending CLO I, LLC, a $1 billion collateralized loan obligation (“Crestline CLO”). This CLO represents one of the largest new issue middle-market CLOs of 2024, which reaffirms Crestline’s position and expertise within middle-market direct lending. GreensLedge Capital Markets served as arranger and lead placement agent, NatWest Markets Securi

AM Best Associate Director Discusses State of Delegated Underwriting Authority Enterprise Segment on Future of Insurance Podcast

Tue, 01/07/2025 - 12:44
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best’s Dawn Walker appears as a guest in an episode of the Future of Insurance podcast, which highlights thought leadership from across the insurance industry, to discuss the state of the Delegated Underwriting Authority Enterprise (DUAE) segment. During the episodes, Walker, associate director, Industry Relations – DUAE, talks about the leading trends shaping the DUAE market, as well as how managing general agents and other similar entities are bringing value

Guidepost Solutions Welcomes Experienced Compliance Executive Gabriel Hidalgo as Senior Managing Director

Tue, 01/07/2025 - 12:44
WASHINGTON--(BUSINESS WIRE)--Guidepost Solutions, a global leader in domestic and international investigations, compliance solutions, monitoring, and security and technology consulting, today announced the appointment of seasoned compliance officer Gabriel I. Hidalgo, as a senior managing director in the Compliance practice group. Hidalgo possesses over 25 years of experience as a senior compliance executive, BSA/AML regulatory examiner, and trusted advisor. He will be based out of the firm’s W

Attorney and Safety Expert Amy Witherite Urges Texas Legislature to Safeguard Drivers from Unregulated Autonomous Vehicles

Tue, 01/07/2025 - 12:44
DALLAS--(BUSINESS WIRE)--Attorney Amy Witherite, a traffic safety expert whose firm specializes in motor vehicle accidents, is urging Texas lawmakers to prioritize public safety as autonomous 18-wheelers prepare to hit state highways in 2025. “With Texas legislature convening in January, there is an opportunity to ensure these autonomous vehicles are thoroughly regulated and held to the highest safety standards,” said traffic safety expert Amy Witherite, founder of the Witherite Law Group. Rare

Carisk® Partners Launches Comprehensive Behavioral Health Program for Lower Acuity Workers’ Compensation Conditions

Tue, 01/07/2025 - 12:44
MIAMI--(BUSINESS WIRE)--Carisk Partners, a specialty risk transfer and care coordination company, is proud to announce the launch of its enhanced Behavioral Health program, building on the synergies of Carisk Behavioral Health and the recent acquisition of HeadsUp Healthcare. This strategic expansion underscores Carisk’s commitment to advancing access to behavioral health services and addressing lower acuity conditions, including those outlined in New York’s recently amended Workers’ Compensati

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