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CFP Board Announces CEO Leadership Transition
WASHINGTON--(BUSINESS WIRE)--CFP Board today announced that Kevin R. Keller, CAE, will retire as Chief Executive Officer on April 30, 2026, after serving nearly two decades as the organization’s leader. The Board of Directors has initiated a planned succession process to ensure a smooth leadership transition. “Kevin's visionary leadership has transformed CFP Board and the financial planning profession,” said Liz Miller, CFP®, CFA®, Chair of the Board of Directors of CFP Board. “Under his stewar
PensionBee & SS&C Partner to Offer New Safe Harbor IRA for Employers
NEW YORK--(BUSINESS WIRE)--PensionBee, a leading online retirement provider, has partnered with SS&C Technologies to introduce a new Safe Harbor IRA for employers and former employees. This collaboration leverages SS&C’s Automated Rollover Program (ARP) to streamline the rollover process. PensionBee’s Entry into the U.S. Market Founded in 2014, PensionBee has grown to manage over $7 billion in assets for more than 265,000 customers worldwide. The company launched in the U.S. in 2024, br
BrightShore Insurance Company Launches, Offering Comprehensive Homeowners Insurance with Built-in Flood Protection
BOSTON--(BUSINESS WIRE)--BrightShore Insurance Company “BrightShore” has announced its launch in New Jersey, offering a solution to coastal homeowners' insurance needs. Addressing the common issue of inadequate flood coverage, BrightShore provides a single policy that combines comprehensive traditional homeowners insurance with full flood protection. Managed by the experienced team at ShoreOne Insurance Managers, BrightShore, has been assigned a Financial Stability Rating® of A, Exceptional, by
Great American Insurance Group’s Executive Liability Division Introduces Open Brokerage Model for Community Associations
CINCINNATI--(BUSINESS WIRE)--Great American’s Executive Liability Division is pleased to announce the expansion of its D&O Liability coverage for Community Associations.
Pacific Life Announces Promotions of Karen Neeley and Patricia Thompson to Senior Vice President
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life announced today the promotion of Karen Neeley to senior vice president of the Institutional Retirement Solutions Group and Patricia Thompson to senior vice president and chief compliance and ethics officer. “I’m pleased to congratulate Karen and Patricia on their well-deserved promotions. Both have demonstrated distinct leadership qualities and accomplishments that extend beyond their own functions,” said Pacific Life President and CEO Darryl
Forbright Bank Provides $44 Million in HUD Financing for a California Skilled Nursing, Assisted Living, and Memory Care Facility
CHEVY CHASE, Md.--(BUSINESS WIRE)--Forbright Bank successfully closed a $44.2 million HUD loan for a skilled nursing, assisted living, and memory care facility in California. The financing, provided under the HUD 232/223(f) program, will support a 318-bed facility as it provides seniors in the San Jose area with personalized and specialized care. The loan was closed in partnership with Forbright Bank’s Healthcare Lending team which provided bridge financing for the acquisition of the facility i
KBRA Assigns Preliminary Ratings to Freddie Mac’s STACR 2025-HQA1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 24 classes from Freddie Mac Structured Agency Credit Risk (STACR®) REMIC 2025-HQA1 Notes, Freddie Mac STACR REMIC Trust 2025-HQA1 (STACR 2025-HQA1), a credit risk sharing transaction with a total note offering of $620,000,000. STACR 2025-HQA1 features loans with loan-to value (LTV) ratios greater than 80%, but less than or equal to 97%. The Offered Notes represent obligations of the STACR 2025-HQA1 Trust in a credit-linked note stru
ModivCare, Inc. Class Action Lawsuit Alert: Johnson Fistel Announces Shareholders with Losses Should Contact the Law Firm for More Information
SAN DIEGO--(BUSINESS WIRE)--Johnson Fistel, LLP announces that a class action lawsuit has commenced on behalf of investors of ModivCare, Inc. (NASDAQ: MODV). The lawsuit seeks to recover losses on behalf of investors who acquired securities between November 3, 2022, and September 15, 2024. Investors have until March 31, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. If you incurred significant losses and want to act as the lead plaintiff in the ModivCare, Inc. cla
Marvia Launches the World’s First Combination of Hyperlocal Social Media and Creative Automation for Multi-location Brands
NEW YORK--(BUSINESS WIRE)-- #brandmanagement--Marvia introduces Social Campaigns, the world's first solution combining hyperlocal social media with creative automation for multi-location brands.
CSI Launches Advanced Check Fraud Detection Tool in Partnership With Mitek Systems
PADUCAH, Ky.--(BUSINESS WIRE)--CSI's new solution equips bank tellers with real-time check fraud detection capabilities and more.
Andersen Global Adds Dimension to European Footprint with Allyum in Belgium
SAN FRANCISCO--(BUSINESS WIRE)-- #agexpansion--Andersen Global bolsters its platform in Europe through a Collaboration Agreement with Allyum, a leading Mergers & Acquisitions (M&A) firm in Belgium.
Best’s Commentary: Wildfires Intensify Troubles in California’s Property Insurance Market
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--In a new commentary, AM Best notes that policyholders in California had increasingly turned to the state’s insurer of last resort and nonadmitted market for homeowners’ coverage prior to the wildfires due to reduced availability from primary insurers. The Best’s Commentary, “California Wildfires: Multiple Credit Negative Impacts for Insurers,” notes that given heightened losses in recent years owing to a greater frequency of severe wildfire events, many voluntary
Auquan Launches Industry’s First AI Agent for Financial Services Sustainability Teams
LONDON & NEW YORK--(BUSINESS WIRE)-- #AI--Auquan’s AI platform empowers teams to escape the cycle of manual data gathering & focus on driving value creation, enhancing stakeholder engagement.
W. Capra Announces Unified Company Under One New Brand
CHICAGO--(BUSINESS WIRE)--Today, W. Capra announced that the recently acquired Impact 21 business will be operating fully as W. Capra and unveiled a new company brand to reflect the change. "When W. Capra and Impact 21 joined forces last April, we were excited about the opportunities to combine our strengths and better serve our clients and their respective industries," said Mike Streams, Partner at W. Capra. "This final step of representing both organizations under one brand fully positions us
Cognida.ai Secures $15 Million Series A from Nexus Venture Partners to Redefine Enterprise AI Adoption
CHICAGO--(BUSINESS WIRE)-- #AI--Cognida.ai, a leader in practical AI solutions for enterprises, today announced the successful close of its $15 million Series A funding round, led by Nexus Venture Partners. This investment validates Cognida.ai's unique approach to making AI implementation practical and financially impactful for enterprises, demonstrated through successful deployments at over 30 leading organizations.. In a market where 80% of AI projects fail and implementation typically takes 6-8 mo
True Religion Debuts Its “Own Your True” Platform Featuring Brazilian Pop Star Anitta During Super Bowl Week
LOS ANGELES--(BUSINESS WIRE)--True Religion is kicking off 2025 with the launch of its new brand platform, “Own Your True.”
Herrick Bolsters its Intellectual Property and Technology Practice with the Addition of Milton Springut and Caroline Boehm
NEW YORK--(BUSINESS WIRE)--Herrick announced today that Milton Springut, an intellectual property practitioner widely regarded for his work on disputes involving computers and electrical systems as well as luxury fashion brands, has joined the firm as partner from Moses & Singer LLP. Springut’s longtime colleague Caroline Boehm, a trademark and copyright lawyer, has also joined Herrick as counsel. “Herrick continues to expand the breadth and depth of capabilities in our IP practice,” said B
Loan from Jackson Healthcare Parent Company Enables Alabama-Based Jackson Hospital & Clinic to Continue Uninterrupted Operations Amid Bankruptcy
ATLANTA & MONTGOMERY, Ala.--(BUSINESS WIRE)--Jackson Healthcare®, one of the nation’s premier providers of healthcare workforce services, today announced that its parent company, Jackson Investment Group, will provide a debtor in possession (DIP) loan to Jackson Hospital & Clinic, enabling it to remain open to serve the Montgomery, Alabama community as it undergoes Chapter 11 bankruptcy and reorganization proceedings. While Jackson Healthcare, Jackson Investment Group, and Jackson Hospital
Trustly and Spreedly Partner to Accelerate Pay by Bank via Open Payments Platform
SAN CARLOS, Calif.--(BUSINESS WIRE)--Trustly, the global leader in Pay by Bank, today announced a partnership with Spreedly, the world’s leading Open Payments Platform. Together, Trustly and Spreedly will provide merchants with full-service access to Pay by Bank to drive improved conversion rates and optimize payment efficiency across expanded regional and global markets. Through this collaboration, businesses using Spreedly will now gain access to Trustly's Pay by Bank capabilities, increasing
Travelers Institute Announces Winter Schedule for Small Business and Cybersecurity Symposia Series
HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), today announced the continuation of its Small Business – Big Opportunity® and Cyber: Prepare, Prevent, Mitigate, Restore® series with two in-person symposia in February. These events provide practical tips and resources to help business leaders adapt to the evolving business environment and cybersecurity landscape. “As the challenges facing businesses continue to s