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Best’s Special Report: U.S. Property/Casualty Insurance Segment Rating Upgrades and Downgrades Track Similar Path in First Half 2025

Tue, 10/21/2025 - 12:53
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Issuer Credit Rating (rating) upgrades on U.S. property/casualty (P/C) insurers ticked upward slightly in the first half of 2025 at 18 compared with the same prior-year period, while the number of downgrades held steady at 20, according to a new AM Best special report. The Best’s Special Report, titled, “US Property/Casualty: Similar Numbers of Upgrades and Downgrades in First Half 2025,” notes that rating affirmations were the most common action taken, comprisin

Spotlight Outdoor Ads Ushers in a New Era Of Programmatic, Large-Format Advertising on the Las Vegas Strip as the First Phase of the Vegas Strip Tower Network Goes Live

Tue, 10/21/2025 - 12:53
LAS VEGAS--(BUSINESS WIRE)--Spotlight Outdoor Ads, an enterprise leader in outdoor advertising and the out of home (OOH) industry, has gone live with the first three towers in its new Vegas Strip Tower Network, which transforms static structures into a connected, programmatic ad experience along the world-famous Las Vegas Boulevard. Known as the “Triple Crown”, the first three towers located at Caesars Strip North, Cromwell Strip North, and Showcase Strip North, are the first of Spotlight’s pro

Throne Labs Secures Initial Close of $15 Million Series B to Expand Smart Restroom Infrastructure Nationwide

Tue, 10/21/2025 - 12:53
WASHINGTON--(BUSINESS WIRE)--Throne Labs, a leading smart infrastructure company operating the largest network of connected public restrooms in the U.S., today announced the initial close of its $15 million Series B funding round. The investment, led by Brentwood Associates with participation from Uncorrelated Ventures, Dipalo Ventures, Rabil Ventures, and Arpinine Management, will fuel Throne’s continued national expansion following strong adoption in major metros including Washington, D.C., t

Hub.xyz Expands into the U.S. with New Headquarters in Palo Alto, California

Tue, 10/21/2025 - 12:53
PALO ALTO, Calif.--(BUSINESS WIRE)--Hub.xyz Expands into the U.S. with New Headquarters in Palo Alto, California.

Oxford Financial Group, Ltd.™ Announces Russell DeLibero as Chief Wealth Planning Officer

Tue, 10/21/2025 - 12:53
CARMEL, Ind.--(BUSINESS WIRE)-- #EstatePlanning--Oxford Financial Group, Ltd. is pleased to announce the addition of Russ DeLibero as Chief Wealth Planning Officer. In his new role, Russ leads complex estate and wealth planning initiatives and provides strategic direction to the Family Office Services Technical team. He also serves as a member of Oxford’s Senior Leadership Team. Russ offers more than 20 years of expertise in financial planning for ultra-high-net-worth families. Before joining Oxford, he was Vice

U.S. Bank Avvance Launches Customized Embedded Financing Offering

Tue, 10/21/2025 - 12:53
MINNEAPOLIS--(BUSINESS WIRE)--Financial institutions and fintechs are now able to offer their customers simple, flexible embedded financing options that are tailored to their brand and experience thanks to the new U.S. Bank Avvance developer portal experience. Built for partnerships, the program’s new developer portal experience enables institutions to embed point-of-sale financing directly into their platforms. New API-driven integration options allow partners to customize the experience to th

Comcast Business Expands Partnership with Cisco to Bring Secure Networking Solutions to Millions of Emerging Enterprises

Tue, 10/21/2025 - 12:53
PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced the expanded availability of its fully managed secure networking solution built on the Cisco Meraki platform, extending enterprise-grade secure networking to emerging and distributed enterprises across the U.S. This strategic expansion builds on Comcast Business’s longstanding partnership with Cisco and reinforces its leadership in delivering scalable, secure networking solutions that grow with businesses. The Meraki Technology Sta

Uptempo 2.0 Empowers CMOs to Slash Waste & Maximize ROI With Clarity and Confidence

Tue, 10/21/2025 - 12:53
ORLANDO, Fla.--(BUSINESS WIRE)-- #ANA--Uptempo, the enterprise marketing operations platform that gives CMOs a single source of truth, announces the launch of Uptempo 2.0.

KBRA Assigns Preliminary Ratings to FREMF 2025-K173 and Freddie Mac Structured Pass-Through Certificate Series K-173

Tue, 10/21/2025 - 12:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of preliminary ratings to three classes of FREMF Series 2025-K173 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates (SPCs), Series K-173. FREMF 2025-K173 is a $1.3 billion CMBS multi-borrower transaction. Freddie Mac will guarantee five classes of certificates issued in the underlying Series 2025-K173 securitization and will deposit the guaranteed underlying certificates

Simi Capital Group Enters Jacksonville Market with 75,000-SF Industrial Acquisition on St. Augustine Road

Tue, 10/21/2025 - 09:53
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Miami-based Simi Capital Group (SCG) has entered the Jacksonville market with the $7.5 million acquisition of a 75,000-square-foot industrial property at 4549 St. Augustine Road, marking the firm’s first investment in the region and signaling its long-term commitment to expanding across the Southeast with five Florida acquisitions this year alone. The property—a landmark site that had remained in the same family ownership for over 50 years—is being repositio

G&A Partners Acquires Houston-Based HR Outsourcing Provider HRO Resources

Tue, 10/21/2025 - 09:53
HOUSTON--(BUSINESS WIRE)-- #expansion--G&A Partners, a leading professional employer organization (PEO) and human resources outsourcing provider, announced today its acquisition of HRO Resources, a prominent HRO provider based in Houston, Texas. G&A will also maintain HRO Resources’ brokerage firm in Austin, Texas, which will become part of G&A Beneficial. Founded in 2013, HRO Resources provides small businesses nationwide with comprehensive HR/payroll management, benefits administration, and HR

Schroders Study Reveals Americans Not Willing to Delay Social Security Benefits for Higher Payments

Tue, 10/21/2025 - 09:53
NEW YORK--(BUSINESS WIRE)--According to the Schroders 2025 US Retirement Survey, nearly 9-in-10 non-retired Americans (87%) are at least slightly concerned about not knowing how to generate income in retirement, and over half (53%) are “concerned” or “very concerned” about outliving their assets. Despite these challenges, 44% of non-retirees plan to file for Social Security benefits before reaching age 67 – the full retirement age for everyone born in 1960 or later, and just 10% plan to wait un

Transcarent Experience Store Expansion: More Options for Women’s Health

Tue, 10/21/2025 - 09:53
SAN FRANCISCO--(BUSINESS WIRE)-- #JustAskTranscarent--Transcarent, the One Place for Health and Care, today announced three additional women’s health partners: Maven Clinic, Midi Health, and Progyny, joining existing partners, Carrot and Kindbody, to deliver more choices for employers and health plans who want to make it easier for women to find the care they need. Women are often the primary healthcare decision makers for their families, and they have unique health needs that change throughout their lives. The Tran

Valley Gardens Partners with Whitewater Capital Partners to Accelerate Growth

Tue, 10/21/2025 - 09:53
CHARLESTON, W.Va.--(BUSINESS WIRE)--Valley Gardens Partners with Whitewater Capital Partners to Accelerate Growth.

Globalstar Announces Commercial Rollout of RM200M Two-Way Satellite IoT Module

Tue, 10/21/2025 - 09:53
COVINGTON, La.--(BUSINESS WIRE)--Globalstar (NASDAQ: GSAT), a next-generation telecommunications infrastructure and technology provider, today announced the commercial availability of its RM200M two-way satellite IoT module, a breakthrough solution that enables affordable, resilient connectivity for critical assets everywhere – now globally certified. The RM200M is the latest addition to Globalstar’s portfolio of low-cost, low-power satellite IoT solutions. Leveraging Globalstar’s licensed L an

Guild Debuts New Product, Guild Navigator, to Transform Licensed And Certified Role Development

Tue, 10/21/2025 - 09:53
DENVER--(BUSINESS WIRE)--Guild today announced the launch of Guild Navigator, a new product within the company’s Guild product suite. Guild Navigator is a human-managed, AI-enhanced platform that helps employers build reliable talent pipelines from education to employment. Navigator replaces the patchwork of internal efforts and third-party solutions that make it hard to reliably fill licensed and certified roles, helping companies avoid operational disruption and strengthen workforce resilienc

Jump Acquires Mobile Assistant, Expanding AI Leadership for Financial Advisors

Tue, 10/21/2025 - 09:53
SALT LAKE CITY--(BUSINESS WIRE)-- #acquisition--Jump, a provider of AI solutions for financial advisors/services, announced its acquisition of Mobile Assistant, an advisor transcription service.

KBRA Releases ABS East 2025 Conference: Day 1 Recap

Tue, 10/21/2025 - 09:53
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a Day 1 recap of the ABS East 2025 conference held at the Fontainebleau in Miami on October 19-22. Structured finance market professionals assembled for the 31st annual ABS East conference. According to the ABS East sponsor, there are over 7,000 participants and more than 150,000 meetings scheduled over the four days, setting new records for the conference. The morning was allocated to asset-specific topics within the ABS, CLO, CMBS, and other SF sectors

Mastercard Welcomes Jill Kramer as Chief Marketing and Communications Officer; Raja Rajamannar Transitions to Senior Fellow Role

Tue, 10/21/2025 - 09:53
PURCHASE, N.Y.--(BUSINESS WIRE)--Mastercard announced that Jill Kramer will join the company as Chief Marketing and Communications Officer, effective December 1, 2025.

Leafguard® Expands in Northern California with the Acquisition of Byers Enterprises

Tue, 10/21/2025 - 09:53
CLEVELAND--(BUSINESS WIRE)--Leafguard®, a Great Day Improvements brand and the leading provider of proprietary, one-piece gutter systems, announces the acquisition of Byers Enterprises, a home improvement company serving the Sacramento and Northern California region. With decades of proven experience, a customer-first approach, and expertise in roofing, gutters, and solar solutions, Byers Enterprises has built a strong reputation for quality, innovation, and trust in the communities it serves.

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