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AM Best Revises Outlooks to Positive for Members of Kansas Medical Mutual Group

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Ratings of “bbb+” (Good) of Kansas Medical Mutual Insurance Company and its subsidiary, KAMMCO Casualty Company, Inc. These companies are collectively referred to as Kansas Medical Mutual Group or the group. The Credit Ratings (ratings) reflect Kansas Medical Mutual Group’s balance sheet strength, which AM Best assesses

Fly Alliance Announces Complimentary Starlink Wi-Fi on Select Aircraft and Expanded Installation Capabilities

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
ORLANDO, Fla.--(BUSINESS WIRE)--Fly Alliance is proud to announce that complimentary Starlink connectivity is now available on all Starlink-equipped aircraft within its fleet, offering passengers high-speed, low-latency inflight internet from takeoff to touchdown. As an authorized Starlink dealer, Fly Alliance has been leading the charge in aviation innovation by equipping its Ultra-Long-Range aircraft with Starlink’s next-generation satellite connectivity and will continue installations across

AM Best Downgrades Credit Ratings of Everen Specialty Ltd. and Affiliate

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” (Good) from “a-” (Excellent) of Everen Specialty Ltd. (Everen Specialty) and its affiliate, OCIL Specialty Ltd (OSL). Concurrently, AM Best has downgraded the Long-Term Issue Credit Rating to “bbb-” (Good) from “bbb” (Good) on the $200 million, 8.00% deferrable subordinated debentures, due 2034, of Everen Specialty. The outlook o

dSilo™ Secures Strategic Investment from Wellington Management to Accelerate Growth and AI Innovation

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #AIinAction--dSilo, a leader in AI-powered enterprise transformation, today announced a new venture investment from Wellington Management, a global investment firm and backer of leading AI companies. The capital will fuel the development of an industry first-ever procurement and finance domain-specific AI models, ProcureGPT™, and support the company’s ability to meet surging inbound enterprise demand. dSilo has experienced rapid growth over the last 12 months while maintaining exc

Diameter Capital Raises $4.5 Billion in New Commitments for Dislocation Strategy Surpassing Hard Cap

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
NEW YORK--(BUSINESS WIRE)--Diameter Capital Partners LP (“Diameter”), an alternative asset manager focused on global credit markets, today announced the successful close of its third dislocation fund, Diameter Dislocation Fund III (the “Fund” or “DDF III”). The Fund and a related vehicle raised $4.5 billion in equity commitments, surpassing the initial hard cap of $4.25 billion. The Fund received strong support from a global base of sophisticated investors, with a third of commitments received

AM Best Upgrades Credit Ratings of Greenlight Capital Re, Ltd. and Its Subsidiaries

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Greenlight Reinsurance, Ltd. (Cayman Islands) and Greenlight Reinsurance Ireland, Designated Activity Company (Ireland). Concurrently, AM Best has upgraded the Long-Term ICR to “bbb” (Good) from “bbb-” (Good) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE],

AM Best Upgrades Credit Ratings of Physicians Mutual Group Members

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has upgraded the Financial Strength Rating to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings to “aa-” (Superior) from “a+” (Excellent) of Physicians Mutual Insurance Company and Physicians Life Insurance Company. The outlook of these Credit Ratings (ratings) is stable. The group, collectively referred to as Physicians Mutual Group, is domiciled in Omaha, NE. The ratings reflect Physicians Mutual Group’s balance sheet strength, wh

KBRA Assigns Ratings to Northrim BanCorp, Inc.

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to Northrim BanCorp, Inc. (NASDAQ: NRIM)("Northrim" or “the company”). Additionally, KBRA assigns deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term deposit and debt ratings of K2 to its subsidiary, Northrim Bank. The Outlook for all long-term ratings is Stable. Northrim’s ratings are supported by

UniCourt DART Receives “Overall LegalTech Data Solution of the Year” from 2025 LegalTech Breakthrough Awards

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
TUSTIN, Calif.--(BUSINESS WIRE)--UniCourt DART receives the “Overall LegalTech Data Solution of the Year” for 2025 from the LegalTech Breakthrough Awards.

Medulla’s US Entry Signals the Rise of Super-Specialist Health-Tech Advertising

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #Advertising--Medulla Communications’ US entry signals a global shift toward super-specialist, performance-driven HealthTech communication.

Mountaingate Capital Sells Majority Interest in Damotech

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
DENVER--(BUSINESS WIRE)--Mountaingate Capital Sells Majority Interest in Damotech

QAD | Redzone Outlines a New Era for Manufacturers – Shifting from Legacy Systems of Record to Systems of Action Powered by Agentic AI

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
MIAMI & DALLAS--(BUSINESS WIRE)--QAD Inc., the company transforming manufacturing and supply chains with intelligent, adaptive solutions, today outlined a bold shift to a re-imagined manufacturing platform designed specifically for mid-market manufacturing companies and the plant facilities of large enterprises to help them seize today’s generational opportunity in manufacturing. The announcement was made at QAD | Redzone’s flagship customer event, Champions of Manufacturing, being held Novembe

sunday Raises $21M to Grow the Payment Platform Used by 80M Diners

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
ATLANTA--(BUSINESS WIRE)--sunday, the payment platform built by restaurateurs that's reinventing restaurant hospitality, has raised a $21 million Series B funding round, with participation from DST Global Partners. This new investment follows a year of hypergrowth. sunday has tripled in size, as its alternative to traditional payment terminals becomes the new standard: from the coolest burger joints in America, like Au Cheval, to Michelin-starred icons like Apicius or Imperfecto, cult favorites

Paygasus Expands into Canada, Setting New Standards for Intelligent Payments and Resilient Connectivity

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
SALT LAKE CITY--(BUSINESS WIRE)--Paygasus launches across Canada, providing secure payments and resilient Peplink and Starlink connectivity for uninterrupted operations anywhere.

Strada and Syndio Launch Comprehensive Pay Transparency Solution to Help Organisations Achieve Compliance and Unlock Competitive Advantage Through AI

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
THE WOODLANDS, Texas--(BUSINESS WIRE)--Strada and Syndio launch comprehensive pay transparency solution to help organisations achieve compliance and unlock competitive advantage through AI

Strada and Syndio Launch Comprehensive Pay Transparency Solution to Help Organizations Achieve Compliance and Unlock Competitive Advantage Through AI

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
THE WOODLANDS, Texas--(BUSINESS WIRE)--Strada and Syndio launch comprehensive pay transparency solution to help organizations achieve compliance and unlock competitive advantage through AI

Mojaloop Foundation’s Global Partner Program Expands with Addition of Four Industry Leaders

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
WAKEFIELD, Mass.--(BUSINESS WIRE)--The Mojaloop Foundation announced today that four influential organizations have joined its Global Partner Program: Finternet, GFTN, IPA and Visa.

Blackstone Energy Transition Partners Announces $1.2 Billion Investment to Build First-ever Natural Gas Power Generation Facility in West Virginia

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX), through funds affiliated with Blackstone Energy Transition Partners (collectively, “Blackstone Energy Transition Partners”), today announced a $1.2 billion investment to build Wolf Summit Energy (“Wolf Summit”), a fully contracted, 600-megawatt greenfield combined-cycle gas turbine (“CCGT”) power generation facility in Harrison County, West Virginia. Last week’s Final Investment Decision (“FID”) provides financing for the project, allowing it to

MetLife Celebrated as a Top 25 Fortune World’s Best Workplace™ 2025

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
NEW YORK--(BUSINESS WIRE)-- #MetLife--For the second year in a row, MetLife, Inc. (NYSE: MET) earned a coveted place among the Fortune World’s 25 Best Workplaces™—placing No. 10 on this year’s prestigious list. Awarded to only 25 companies worldwide, this recognition reflects the company’s unwavering commitment to its people, customers and the communities it serves. “MetLife’s continued recognition on the Fortune World’s 25 Best Workplaces™ list is a testament to the passion and dedication of our employee

growth[period] CEO Courtney B. Spaeth Wins Gold Stevie Award for Best Female Entrepreneur - Business Services

Lastest from Businesswire - Thu, 11/13/2025 - 12:04
TYSONS CORNER, Va.--(BUSINESS WIRE)--growth[period], a leading provider of business development and transaction advisory services worldwide, is proud to announce that Courtney B. Spaeth, Founder and Chief Executive Officer, has been awarded the Gold Stevie Award for Best Female Entrepreneur - Business Services for companies with 11 to 2,500 employees in the 22nd Annual Stevie Awards for Women in Business. The Stevie Awards for Women in Business honor the world’s top female executives, entrepren

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