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SEATTLE--(BUSINESS WIRE)--Milliman, Inc., a premier global consulting and actuarial firm, today released its monthly Milliman 100 Pension Funding Index (PFI), which analyzes the 100 largest U.S. corporate pension plans. During November, the PFI funded ratio edged up from 107.0% at the end of October to 107.1% as of November 30. A 1-basis-point rise in discount rates, to 5.34% in November, drove this result. It shaved $3 billion from plan liabilities and offset market returns of only 0.44%. As o

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of SteadPoint Insurance Company (SteadPoint) (Nashville, TN). The Credit Ratings (ratings) reflect SteadPoint’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (E

WASHINGTON--(BUSINESS WIRE)--Amsterdam & Partners LLP, acting as counsel to Samvel Karapetyan, prominent businessman and supporter of the Armenian Apostolic Holy Church, strongly condemns the Armenian government’s intensifying campaign of repression against religious leaders and institutions. The arrest and pre-trial detention of Archbishop Arshak Khachatryan this week marks the fourth high-ranking clergyman imprisoned in recent months, following the detentions of Archbishop Bagrat Galstany

BATON ROUGE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of a $1.2 million Affordable Housing Program (AHP) grant to Gulf Coast Housing Partnership (GCHP) for the development of Lotus Village at the Lake, an affordable housing community for older adults. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between R

ALEXANDRIA, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate the awarding of $952,050 to Alexandria Housing Authority from the FHLB Dallas FORTIFIED Fund Rental Program during a ceremonial check presentation at 1:00 p.m. Monday, December 8. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between Red River Bank and FHLB Dallas. T

LAFAYETTE, La.--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank will celebrate a $120,000 Disaster Rebuilding Assistance grant to help homeowners in repairing storm-damaged homes. The funding will go to Divine Touch Community Development Center. The event is part of a multicity tour celebrating $12 million in funding delivered to Louisiana communities through a 25-year partnership between Red River Bank and FHLB Dallas. Together, the o

DALLAS--(BUSINESS WIRE)--Orsinger, Nelson, Downing & Anderson is pleased to announce the addition of associates Avery Bragg and Valeria S. Villagomez further strengthening the firm’s capabilities across North Texas. Ms. Bragg, a Dallas native and 2025 graduate of Louisiana State University’s Paul M. Hebert Law Center, joins the firm’s Frisco office. She has been admitted to the State Bar of Texas and is an active member of the family law and litigation sections, the Dallas Bar Association a

LOS ANGELES--(BUSINESS WIRE)--Blue Owl Capital Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights – OWL

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 71 classes of mortgage-backed notes from GCAT 2025-INV5 Trust. The GCAT 2025-INV5 mortgage loans are secured by first liens on non-owner occupied (NOO) investor properties and second homes. The loans were primarily underwritten to agency guidelines. The pool comprises 913 first-lien, fixed rate residential mortgage loans as of the cut-off date. The pool is characterized by moderate borrower equity in each mortgaged property, as evid

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected

MINNEAPOLIS--(BUSINESS WIRE)--Dorsey & Whitney LLP is pleased to announce that its Managing Partner Peter Nelson has received the 2025 TCB 100 award, which honors 100 people in and around Minnesota businesses who are poised to make news and drive change in the year ahead. “I am honored to receive this recognition and grateful to the editors of Twin Cities Business for their consideration,” said Peter Nelson, Dorsey’s Managing Partner. “I am chiefly indebted to the attorneys and business pro

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a quarterly distribution from net investment income of $0.10 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a Managed Distribution Plan (the “Plan”), under which the Fund will make quarterly distributions to shareholders at a fixed rate of $0.10 per share. The Plan

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). Additionally, the Fund announced a year-end special distribution from net investment income of $0.3050 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by OWN Equipment Fund III LLC (OWN or the Issuer), an equipment rental ABS transaction. The transaction represents EquipmentShare.com Inc’s (EQS, Company, Equipment Manager or Co-Sponsor) fourth equipment rental ABS transaction as Equipment Manager and third as Co-Sponsor. The other co-sponsor will be OWN Tactical Equipment III LLC (OWN Tactical or Managing Investor), a newly formed HoldCo managed by Mi

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Fund (NYSE: EMF) today announced a quarterly distribution from net investment income of $0.22 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). Additionally, the Fund announced a year-end special distribution of $0.7763 per share, compromised of net investment income of $0.3256 per share, short-term capital gains of $0.1708 per share and long-term capit

OLDWICK, N.J.--(BUSINESS WIRE)--The December issue of Best’s Review presents coverage of the top auditors and actuaries, as well as industry trends: “Top Audit and Actuarial Firms” presents exclusive rankings of independent accountants and third-party actuaries. “New Actuarial Guideline To Affect Offshoring Life Reinsurance Disclosure” explores how auditors and actuaries are preparing for 2026’s challenges including new guidelines, health care inflation, cryptocurrency and cybersecurity. Also i

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). The Fund’s primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributi

PENDLETON, Ore.--(BUSINESS WIRE)---- $POR #classaction--Oregon residents represented by attorneys at Hagens Berman allege Tillamook and Portland General Electric have contaminated local groundwater.

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Jayud Global Logistics Limited (“Jayud” or the “Company”) (NASDAQ: JYD) securities between April 21, 2023 and April 30, 2025, inclusive (the “Class Period”). Jayud investors have until January 20, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS O