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Best’s Special Report: Personal Lines Results Propel Turnaround in US Property/Casualty Industry’s 2024 Underwriting Performance

Thu, 06/26/2025 - 08:54
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Underwriting results in the U.S. property/casualty (P/C) industry were led by a $31 billion turnaround in the personal auto line of business, with the entire P/C industry ending the year with a net underwriting gain of $22 billion, compared with a $23 billion loss in 2023, according to a new AM Best report. The 2024 financial results on each individual line of P/C business, along with corresponding analysis, are detailed in a new Best’s Special Report, titled, “2

Tradeweb Introduces T-bill Trading on ICD Portal

Thu, 06/26/2025 - 08:54
NEW YORK--(BUSINESS WIRE)--Tradeweb Introduces T-bill Trading on ICD Portal. Corporate treasurers can now trade U.S. T-bills directly via Tradeweb’s electronic trading platform.

Skyways Secures $5 Million Debt Facility to Accelerate Production of Autonomous Cargo Drones for U.S. Department of Defense

Thu, 06/26/2025 - 08:54
AUSTIN, Texas--(BUSINESS WIRE)--“Skyways is setting the standard for next-generation aerial logistics,” said Co-Founding Partner Chris Lay of Leonid Capital Partners.

Victory Capital Expands VictoryShares® Offerings with Three New ETFs

Thu, 06/26/2025 - 08:54
SAN ANTONIO--(BUSINESS WIRE)---- $VCTR--Victory Capital launches 3 ETFs: Pioneer Asset-Based Income (ABI), International Free Cash Flow (IFLO), International Free Cash Flow Growth (GRIN)

RBC Capital Markets Joins ICE Clear Credit as an FCM to Expand CDS Client Clearing Services

Thu, 06/26/2025 - 08:54
ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that RBC Capital Markets, LLC (RBC), a subsidiary of Royal Bank of Canada, has joined ICE Clear Credit, the world’s premier clearinghouse for credit default swaps, as a Futures Commission Merchant (FCM) clearing participant. RBC Capital Markets, LLC, is the first FCM with a Canadian parent company on ICE Clear Credit. "We are excited to announce the

Clearspeed Secures $60M in Series D Funding for Dual-Use Voice-Based Risk Assessment Technology

Thu, 06/26/2025 - 08:54
SAN DIEGO--(BUSINESS WIRE)--Clearspeed, the global leader in voice-based risk assessment technology, today announced it has secured $60 million in Series D funding, bringing the company's total funding to $110 million. The round was led by Align Private Capital, with participation from IronGate Capital Advisors, Bravo Victor Venture Capital, and KBW Ventures. General David H. Petraeus (US Army, Ret.) also joined as a multi-round investor. In addition to the raise, the company will add Anna Neko

Infrastructure Capital Announces a Quarterly Dividend Increase

Thu, 06/26/2025 - 08:54
NEW YORK--(BUSINESS WIRE)--Infrastructure Capital announces quarterly dividend increase for SCAP and ICAP ETFs.

BlackRock Expands Active ETF Platform with Launch of a Global Government Bond Hedged ETF

Thu, 06/26/2025 - 08:54
NEW YORK--(BUSINESS WIRE)--Today, BlackRock announced the launch of the iShares Global Government Bond USD Hedged Active ETF (NYSE: GGOV), the industry’s first hedged government bond active ETF1, designed to help investors access a globally diversified portfolio of government bonds. "USD-hedged global government bonds have historically generated higher yields with lower volatility compared to comparable US-only bond indices,”2 said Tom Becker, Lead Portfolio Manager of GGOV. “Through the conven

Vellum Health Closes Series A Round Led by FCA Venture Partners, Launches Mobile IV Care Platform

Thu, 06/26/2025 - 08:54
AUSTIN, Texas--(BUSINESS WIRE)--Vellum Health, the mobile healthcare platform delivering advanced intravenous (IV) services at the bedside, today announced the close of its Series A funding round. The round was led by FCA Venture Partners, with participation from Green Park & Golf Ventures, and follow-on investment from seed round angel investors. The company is also announcing the launch of its new brand—Vellum Health—which unifies a portfolio of acquired vascular access companies into a s

Envista Forensics Propels Demand Generation with ON24 Through Continuing Education and AI-powered Content Creation

Thu, 06/26/2025 - 08:54
SAN FRANCISCO--(BUSINESS WIRE)--(NYSE: ONTF) As B2B organizations turn to content-rich experiences to drive both customer engagement and revenue, Envista Forensics, a global leader in forensic consulting and engineering services, is building a scalable, certification-driven marketing engine with ON24, a leading first-party customer engagement platform for B2B sales and marketing. With the ON24 AI-powered Analytics and Content Engine (ACE) and engagement capabilities, Envista has propelled webin

S&P Universal Consulting Launches to Transform Healthcare Technology Implementation Globally

Thu, 06/26/2025 - 08:54
TAMPA, Fla.--(BUSINESS WIRE)--S&P Universal Consulting Launches to Transform Healthcare Technology Implementation Globally

Treasure Data Launches MCP Server: Let Your LLM Talk to Your Data

Thu, 06/26/2025 - 08:54
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #aiassistants--Treasure Data, the Intelligent Customer Data Platform (CDP) built for enterprise scale and powered by AI, has announced the release of its MCP Server, a new open-source connector that allows AI assistants like Claude, GitHub Copilot Chat, and Windsurf to interact directly with your Treasure Data environment. Powered by the open Model Context Protocol (MCP), this solution gives data teams a new superpower: the ability to explore and analyze customer data i

Extra Duty Solutions Announces Significant Strategic Equity Investment from Bregal Sagemount to Support Growth

Thu, 06/26/2025 - 08:54
SHELTON, Conn.--(BUSINESS WIRE)--Extra Duty Solutions (“EDS” or the “Company”), a leading provider of off-duty program administration services and scheduling software solutions to law enforcement and public safety agencies, today announced that it received a significant growth equity investment from Bregal Sagemount (“Sagemount”), a leading private equity platform with a focus on growth investments in North America. The investment will support EDS’s strategic growth initiatives focused on enhan

GreyLion Closes Strategic Investment in Torginol

Thu, 06/26/2025 - 08:54
NEW YORK--(BUSINESS WIRE)--GreyLion, a leading U.S. private equity firm focused on high-growth businesses, today announced it has made a new strategic investment in Torginol, a manufacturer and marketer of decorative flakes, quartz and other products that enhance the aesthetic and ergonomic qualities of resinous flooring systems in both residential and commercial applications. As part of GreyLion’s investment, Tom Testwuide Jr., Torginol’s Chairman and Owner, who acquired the company in 2001, w

Bentley Systems, Enactus Launch 2025 iTwin4Good Challenge Amid Global Infrastructure Workforce Shortage

Thu, 06/26/2025 - 08:54
EXTON, Pa.--(BUSINESS WIRE)--Bentley Systems and Enactus announce the 2025 iTwin4Good Challenge, a global student competition aimed at addressing global infrastructure challenges.

Y-12 Credit Union Earns Top Member Satisfaction in Industry Ranking, Runs on Candescent Digital Banking Technology

Thu, 06/26/2025 - 08:54
ATLANTA--(BUSINESS WIRE)--Powered by Candescent, Y-12 Credit Union earns top NPS score for digital banking across its asset size and all benchmarked credit unions

HarborOne Bancorp, Inc. Declares Second Quarter 2025 Dividend

Thu, 06/26/2025 - 08:54
BROCKTON, Mass.--(BUSINESS WIRE)--HarborOne Bancorp, Inc. Declares Second Quarter 2025 Dividend

WisdomTree Expands Offering in Fast-Growing Tax Efficient SMA/Direct Indexing Market; Makes Strategic Investment in Quorus

Thu, 06/26/2025 - 08:54
NEW YORK--(BUSINESS WIRE)--WisdomTree invests in and partners with Quorus Inc. to offer SMAs and free rebalancing/trading for Model Portfolios to advisors.

New Study Finds Personalization Over Perks Drives Top-of-Wallet Credit Card Selection

Thu, 06/26/2025 - 08:54
REDWOOD CITY, Calif.--(BUSINESS WIRE)--A new study commissioned by i2c Inc., a global financial technology innovator, reveals that while nearly half of U.S. credit cardholders carry three or more cards, the factors that drive earning the top-of-wallet spot are evolving rapidly. Conducted in collaboration with PYMNTS Intelligence and based on a nationally representative sample of over 2,200 U.S. consumers, “The Credit Economy: Top-of-Wallet Credit Cards” report shows that while rewards and credi

VICI Properties Inc. Announces Release Date for Second Quarter 2025 Results

Thu, 06/26/2025 - 08:54
NEW YORK--(BUSINESS WIRE)--VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) announced today that it will release its second quarter 2025 financial results on Wednesday, July 30, 2025 after the close of trading on the New York Stock Exchange. The Company will host a conference call and audio webcast on Thursday, July 31, 2025 at 10:00 a.m. Eastern Time (ET). Conference Call and Webcast The conference call can be accessed by dialing +1 833-470-1428 (domestic) or +1 929-526-1

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