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LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Ratings (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of Lloyd’s Syndicate 2623, Lloyd’s Syndicate 623, Lloyd’s Syndicate 3623 and Lloyd’s Syndicate 3622 (the syndicates) (United Kingdom). Concurrently, AM Best has affirmed the FSRs of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Beazley Insurance Designated Activity Company (BIDAC) (Ireland), Beazley Insuranc

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the members of Farmers Insurance Group (Farmers). At the same time, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IR) of “bbb+” (Good) on the outstanding surplus notes of Farmers Insurance Exchange (Woodland Hills, CA) and Farmers Exchange Capital (Wilmington, DE). The outlook of these Credit

LOS ANGELES--(BUSINESS WIRE)--ChargerHelp, a leader in EV charging reliability technology, today announced the official formation of SmarterHelp, a fully independent workforce development company created through the strategic spinout of ChargerHelp’s former Learning & Development division. The new organization will operate independently, with its own leadership, mission, and operations, and is not a subsidiary of ChargerHelp. SmarterHelp’s focus is to scale training for in-demand technical

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best Director Alan Murray will deliver a presentation on the rating agency’s insurance market sector outlooks at the 2025 Insurance Summit, which will take place Sept. 15-17, in Kansas City, KS. Murray’s session is scheduled for Monday, Sept. 15, at 3:55-4:45 p.m. (CDT) and is titled, "AM Best's Economic and Insurance Sector Outlook." During the session, he will discuss how the insurance industry is influenced by economic shifts, market dynamics and evolving c

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H6 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene in affiliation with CrossCountry Mortgage and CrossCountry Capital sponsored the transaction. The $496.4 million transaction is collateralized by a pool of 968 residential mortgages originated by CCM, including a meaningful concentration of collateral that KBRA considers to be “non-prim

LAS VEGAS--(BUSINESS WIRE)--Western Funding, Inc. (WFIM), a subsidiary company of Westlake Technology Holdings, is proud to announce a major milestone in its corporate evolution with the successful closing of its inaugural asset-backed securitization (ABS), WEFUN 2025-1, totaling $400 million. Note Class Amount Average Life Interest Rate A $206,627,000 2.35 4.75% B $75,000,000 2.89 4.98% C $82,500,000 3.26 5.34% D $35,873,000 3.46 5.79%   $400,000,000     This landmark transaction marks Western

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to ten classes of mortgage pass-through certificates from CROSS 2025-H6 Mortgage Trust, an RMBS transaction issued under the CROSS shelf, where Hildene in affiliation with CrossCountry Mortgage and CrossCountry Capital sponsored the transaction. The $496.4 million transaction is collateralized by a pool of 968 residential mortgages originated by CCM, including a meaningful concentration of collateral that KBRA considers to be “non-prim

MILWAUKEE--(BUSINESS WIRE)--The following is being released by A.B. Data, Ltd., the Notice Administrator for the Ray v. NCAA class action lawsuit. Legal Notice Did You Work as a Volunteer Coach in an NCAA Division I Athletics Program in a Sport Other Than Baseball Between March 17, 2019 and June 30, 2023? You Could Be Part of a Class Action Lawsuit. Records show you could be affected by a class action lawsuit against the National Collegiate Athletic Association (“NCAA”). The Court decided that

DALLAS--(BUSINESS WIRE)--City Credit Union (City CU) is pleased to announce the promotion of Mitchell Clark to Executive Vice President and Chief Operating Officer (EVP/COO), effective immediately. In his new role, Clark will oversee the organization’s daily operations and play a critical leadership role in driving strategic initiatives, member experience and operational excellence. Clark joined City Credit Union in 2011 and has since held several key positions, most recently serving as Chief A

NEW YORK--(BUSINESS WIRE)---- $FTRE #ClassAction--Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Fortrea Holdings Inc. (“Fortrea” or the “Company”) (NASDAQ: FTRE) and reminds investors of the August 1, 2025 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company. Faruqi & Faruqi is a leading national securities law firm with offices in New York, Pennsylvania, California and Georgia. The fi

NEW YORK--(BUSINESS WIRE)--Central Securities Corporation (NYSE American: CET), a closed-end investment company, today released its Report to Stockholders for the six months ended June 30, 2025. Figures as of June 30, 2025 compared with those of one year ago, are as follows:   June 30, 2025 June 30, 2024 Net assets per common share $57.63 $52.58 Net assets $1,666,259,626 $1,492,593,177 Shares outstanding 28,913,659 28,387,828 Additional details are available at www.centralsecurities.com.

SAN FRANCISCO--(BUSINESS WIRE)-- #africa--Andersen Global debuts the firm name in Botswana as AccPro Accountants becomes the latest member firm to join the organization.

HILTON HEAD ISLAND, S.C.--(BUSINESS WIRE)--Coastal States Bank announces strategic leadership changes to support continued growth.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of “a” (Excellent) to Professionals Advocate Risk Retention Group, Inc. (ProAd RRG) (Hunt Valley, MD), a new subsidiary of Medical Mutual Liability Insurance Society of Maryland (Med Mutual). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect ProAd RRG’s balance sheet strength, which AM Best assesses as strongest, as well as it

WAYZATA, Minn.--(BUSINESS WIRE)--Mill City Ventures III, Ltd. ("Mill City" or the "Company") (NASDAQ: MCVT) today announced it has entered into an equity line agreement with A.G.P./Alliance Global Partners, as Investor, enabling Mill City to sell up to $500 million of the Company’s common stock at the Company’s sole discretion, subject to certain restrictions and closing conditions. Any proceeds from the equity line, which included no commitment fee, will be used to further the Company’s SUI tr

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the July 2025 servicer reporting period. The delinquency rate among KBRA-rated U.S. private label commercial mortgage-backed securities (CMBS) in July increased to 7.5% from 7.3% in June. However, the total delinquent plus current but specially serviced loan rate (collectively, the distress rate) only increased 7 basis points (bps) to 10.6%. The conduit mixe

NEW YORK--(BUSINESS WIRE)--AmTrust Financial Services, Inc. (“AmTrust” or the “Company”) today announced that its Board of Directors has approved a cash dividend per share on the following series of non-cumulative preferred stock: Series Rate Dividend A       6.750 %       $ 0.421875 B       7.250 %       $ 0.453125 C       7.625 %       $ 0.476563 D       7.500 %       $ 0.468750 E       7.750 %       $ 0.484375 F       6.950 %       $ 0.434375 The preferred dividends will be payable September

RESTON, Va.--(BUSINESS WIRE)--Nacha’s Payments Innovation Alliance, a membership program bringing together diverse global stakeholders seeking to transform the payments industry, is accepting submissions for its Spotlight! Payments Video Challenge. Adults can win up to $6,500 for making a video that is 60 seconds or less that fits within this year’s theme, Stand Against Scammers. Now in its second year, the contest is designed to inform others about avoiding common financial scams targeted at c

NEW YORK--(BUSINESS WIRE)--VanEck is celebrating its 70th anniversary.

NEWARK, N.J.--(BUSINESS WIRE)--New actively managed ETFs offer targeted exposure to short-, intermediate-, and long-term investment-grade corporate bonds