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Nonprofits Pivot from Survival to Resilience: BDO 2023 Nonprofit Standards Benchmarking Survey

Mon, 11/06/2023 - 11:20
CHICAGO--(BUSINESS WIRE)-- #Foundation--Nonprofits are at a pivotal transformation point and are focusing on their long-term strategic resilience following a few years of readily available federal funding. This is according to BDO’s seventh annual Nonprofit Standards benchmarking survey, released today. This survey of more than 250 U.S. nonprofit leaders explores key issues impacting nonprofits today, including changes to their revenue, how they are investing in technology, how they are responding to pressur

Northern Trust Universe Data: Institutional Plans Post Negative Returns as Global Equity Markets Sell Off in Q3

Mon, 11/06/2023 - 11:20
CHICAGO--(BUSINESS WIRE)-- #assetmanagement--The median return was -2.2 in Q3 2023 for large institutional plans in the Northern Trust Universe.

Allstate Reinforces Customer Protection With Redesigned Mobile App

Mon, 11/06/2023 - 11:20
NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate makes it easy to find parking, fuel and repair shops when needed most to understanding climate risks in its redesigned mobile app.

Crawford & Company Board Declares Dividends

Mon, 11/06/2023 - 11:20
ATLANTA--(BUSINESS WIRE)--Crawford & Company® (NYSE: CRD-A and CRD-B) is pleased to announce that on November 3, 2023, at its regular quarterly meeting, the Board of Directors declared a quarterly dividend of $0.07 per share on the Class A Common Stock and $0.07 per share on the Class B Common Stock, payable on December 1, 2023, to shareholders of record as of the close of business on November 20, 2023. About Crawford® Based in Atlanta, Crawford & Company (NYSE: CRD‐A and CRD‐B) is a le

David Armano Joins Ringer Sciences and The Next Practices Group (NPG) to Build and Scale Solutions Across Analytics and AI

Mon, 11/06/2023 - 11:20
AUSTIN, Texas--(BUSINESS WIRE)--Ringer Sciences and The Next Practices Group announced that David Armano will join Ringer Sciences as executive vice president, Analytics AI Strategy

Funding Circle U.S. Appoints Kos Joshi to Lead Embedded Finance & Partnerships

Mon, 11/06/2023 - 11:20
DENVER--(BUSINESS WIRE)-- #Embedded--Former Goldman Sachs executive, Kos Joshi , sees big opportunity to serve more small businesses through new role at Funding Circle U.S.

Klick Health Named Global and North American Independent Health Agency Of The Year at London International Awards

Mon, 11/06/2023 - 11:20
NEW YORK & TORONTO--(BUSINESS WIRE)-- #HealthTech--Klick Health today received two of London International Awards’ (LIA) highest honors: Global Independent Health Agency of the Year and Regional Independent Health Agency of the Year for North America. Today’s news comes three weeks after LIA jury members awarded Klick with a Grand, four Golds, five Silvers, and two Finalists. “Thank you to the LIA jury for these honors and to the many amazing Klicksters, clients, and partners who went above and beyond to hel

Nine Minds Unveils Revolutionary AI-Driven Solution to the Managed Service Providers Industry

Mon, 11/06/2023 - 11:20
TAMPA, Fla.--(BUSINESS WIRE)-- #AI--Startup provides a groundbreaking product in the world of MSPs by harnessing the latest AI technology.

Eight in 10 of Those Surveyed Say Insurance Benefits Other Than Medical Insurance Are a “Must Have or Very Important” From an Employer, According to New Research From Lincoln Financial Group

Mon, 11/06/2023 - 11:20
RADNOR, Pa.--(BUSINESS WIRE)--A new study from Lincoln Financial Group (NYSE: LNC) shows that 86% of those surveyed say insurance benefits other than medical insurance are a “must-have or very important” for an employer to offer.1 In today’s economic environment, employees are increasingly interested in workplace benefits that can provide financial protection and support as they face competing financial challenges, including saving enough for emergencies, paying down debt and increasing medical

Corvid Peak Capital Management Announces Closing of Coherence Capital Management Team Acquisition

Mon, 11/06/2023 - 11:20
NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--Corvid Peak Capital Management, a subsidiary of Tiptree Inc. (NASDAQ:TIPT) (“Tiptree” or the “Company”) today reported that it has closed the previously announced acquisition of the Coherence Capital Management team (“Coherence”). Coherence and its founder, Sal Naro, manage a liquid long/short credit hedge fund strategy that includes the Coherence Long/Short Credit fund, which itself has an 11+ year track record. Mr. Naro brings over 40 years of exp

As Financial Stress Worsens in Workplaces Across the Country, EarnUp@Work Helps Employers Empower Workforce to Eliminate Debt and Build Savings

Mon, 11/06/2023 - 11:20
SAN FRANCISCO--(BUSINESS WIRE)--EarnUp, Inc., a financial wellness fintech company, announced today availability of EarnUp@Work, the premier solution that automates flexible debt payoff and savings, eliminates financial duress, and improves overall health and wellness. EarnUp@Work enhances financial education to holistically address employees’ financial stability. The platform features debt repayment automation tools that enable employees to pay down loans faster and save money in interest fees

Rusty Hardin & Associates Named to 2024 List of Best Law Firms

Mon, 11/06/2023 - 11:20
HOUSTON--(BUSINESS WIRE)--For an eighth consecutive year, Rusty Hardin & Associates has been named to the list of Best Law Firms by The Best Lawyers in America, one of the oldest and most revered legal listings in the country. The firm earned the highest ranking possible - Tier 1 - for white-collar criminal defense, commercial litigation, plaintiffs’ personal injury litigation, and appellate practice in the Houston metropolitan area. Its appellate practice also earned national recognition f

SCG Asset Management Offers the Market’s First Equity-Linked Note Interval Fund

Mon, 11/06/2023 - 11:20
NASHVILLE, Tenn.--(BUSINESS WIRE)--SCG Asset Management LLC (“SCG”), a seasoned provider of derivative-based investment solutions, today reintroduced the Alternative Strategies Income Fund (“Fund”), a continuously offered, closed-end interval fund focused on equity linked notes (“Notes”). The actively managed Fund invests in a portfolio of Notes and seeks to provide high income with consistent quarterly distributions, regardless of market regime. Through its proprietary Selector model, SCG desi

Relation Insurance Services, Inc. Acquires the Assets of North Shore Benefit Partners Corporation and HR Virtual Solutions, LLC

Mon, 11/06/2023 - 11:20
WALNUT CREEK, Calif.--(BUSINESS WIRE)-- #growth--Relation Insurance Services, Inc. (“Relation”) has acquired the assets of North Shore Benefit Partners Corporations (“NSBP”) and HR Virtual Solutions, LLC (“HRVS”). Terms of the transaction were not disclosed. NSBP and HRVS, both based in the Chicagoland area, provide employee benefits solutions to clients throughout Illinois. NSBP and HRVS will join Relation’s Great Lakes Region, with Bob Levy, NSBP principal, and Joe Indovina, HRVS principal, continuing

Houlihan Lokey Adds Experienced Senior Banker to Financial Technology Group

Mon, 11/06/2023 - 11:20
NEW YORK--(BUSINESS WIRE)--Kartik Sudeep has joined Houlihan Lokey's FinTech Group as a Managing Director to lead coverage of the payments sector. He is based in New York.

Orion Expands Advisor Access to Fixed Income SMAs on the Orion Portfolio Solutions Platform

Mon, 11/06/2023 - 11:20
OMAHA, Neb.--(BUSINESS WIRE)--Orion Advisor Solutions, the premier provider of transformative wealthtech solutions for fiduciary advisors, has again strengthened its investment solutions offering by bringing its own lineup of Fixed Income separately managed accounts (SMAs) to the Orion Portfolio Solutions (OPS) platform. “We are committed to streamlining how advisors deliver investment products and advice to their clients, and our latest expansion of fixed income SMAs on the Orion Portfolio Sol

AI-Powered Virtual Try-On and Styling Company Zelig Secures $15 Million in Series A Funding, Led by Hilco Global

Mon, 11/06/2023 - 11:20
LOS ANGELES--(BUSINESS WIRE)--Zelig announced it has secured $15 million in Series A funding to support the launch of its AI-powered virtual try-on and styling technology (VTO-S).

Templeton Global Income Fund Announces Results of Special Meeting of Shareholders

Mon, 11/06/2023 - 11:20
NEW YORK--(BUSINESS WIRE)--Templeton Global Income Fund (NYSE: GIM) (the “Fund”) today reported the results of its Special Meeting of Shareholders (the “Special Meeting”) held on October 25, 2023. The results show that all three proposals presented at the Special Meeting passed. Specifically, shareholders voted in favor of: The approval of a new investment management agreement between the Fund and Saba Capital Management, L.P. (“Saba”) (the “New Management Agreement”); The approval of making th

AIG Announces Pricing of Secondary Offering of Corebridge Financial, Inc. Common Stock

Mon, 11/06/2023 - 11:20
NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that it has priced the secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock at $20.50 per share. The offering is expected to close on November 8, 2023, subject to customary closing conditions. AIG, as the selling stockholder, has offered 50 million existing shares of common stock (out of approximately 631 million total shares of common stock outstanding) of Corebridge, corresponding t

Franklin Templeton Launches Franklin Focused Growth ETF (FFOG)

Mon, 11/06/2023 - 11:20
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Templeton today launched Franklin Focused Growth ETF on CBOE under the ticker FFOG. FFOG aims to provide capital appreciation by investing in growth equity securities. This ETF was converted from a mutual fund, and it maintains the predecessor Franklin Focused Growth Fund’s investment goal, principal investment strategies, performance benchmark, investment adviser and portfolio management team. One difference from the predecessor mutual fund is that

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