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Best’s Special Report: Secondary Perils Continue to Spike Insurer Loss Ratios, Even in Less Catastrophe-Prone States
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best data shows that nearly half of all U.S. states saw its highest single-year property catastrophe loss ratio in the last 10 years exceed its 10-year median loss ratio by more than 20 percentage points. While many of these states are prone to catastrophe losses, according to a new AM Best report, the rising frequency of secondary perils in states considered to be less-catastrophe prone have led insurers to ramp up reassessments of their pricing models, under
FORTÉ Delivers and Installs Meeting Room Solutions in Days, Not Months
MINNEAPOLIS--(BUSINESS WIRE)--FORTÉ (formerly AVI Systems), announced enhancements to its pre-engineered Velocity meeting room solutions.
Strategic Investments in Consulting, Services Expertise Unlock Next Chapter in Trace3’s Services-first Model
IRVINE, Calif.--(BUSINESS WIRE)--Trace3 continuing toward a 'services-first' model - significant investments in capabilities uniting strategic consulting and technology delivery.
Summit Financial Names Joseph Spada, CFP® its 2024 Leading Financial Advisor, Marking 27-Year Streak of Excellence
PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial, LLC (“Summit”), a preeminent investment advisory firm with over 40 years of experience providing market-leading technology, financial planning, insurance and wealth management services that help clients achieve their financial goals, today announced that Joseph Spada, CFP® has been named the firm's 2024 Leading Financial Advisor for an unprecedented 27th consecutive year. Spada's consistent recognition as a leading financial advisor reflects
Hometap Partners with iGrad to Integrate Enrich Financial Wellness Platform, Enhancing Support for Homeowners' Financial Journey
BOSTON--(BUSINESS WIRE)--Hometap, the Boston-based financial technology company pioneering home equity financing solutions for American homeowners, announced a partnership with financial education company iGrad to offer its Enrich financial wellness platform to invested homeowners. This strategic partnership enhances Hometap's commitment to homeowner success by providing essential financial education resources that support better decision-making throughout the entire home investment journey and
Breyer Capital Names Head of Healthcare and Life Sciences
AUSTIN, Texas--(BUSINESS WIRE)--Breyer Capital, a premier global investment firm focused on backing high-impact entrepreneurs, today announced that Morgan Cheatham has joined the firm as a Partner and Head of Healthcare and Life Sciences. In this new role, Cheatham will lead Breyer Capital’s efforts in early-stage healthcare and life sciences investing – spearheading the firm’s practice and focusing on breakthrough biomedical technologies and innovative models of care. He will partner closely w
Expensify to Announce Q1 2025 Results
PORTLAND, Ore.--(BUSINESS WIRE)--Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards, travel and bills, today announced that the company’s Q1 2025 financial results will be released after market close on Thursday, May 8th, 2025. Expensify will host a call to discuss its Q1 on Thursday, May 8th, 2025 at 2pm PT / 5pm ET. The link to the call will be available that day on the
Harbor Capital Advisors Expands Growing ETF Lineup with the Harbor Transformative Technologies ETF and Extends Partnership with Longtime Partner Jennison Associates
CHICAGO--(BUSINESS WIRE)--Harbor Capital Advisors, Inc. ("Harbor"), an asset manager that curates a suite of actively managed ETFs, mutual funds, and collective investment trusts, is excited to announce that the firm is adding the Harbor Transformative Technologies ETF (TEC) to its growing lineup of ETF offerings, extending the firm’s partnership of over 50 years with Jennison Associates. TEC is managed by an expert investing team at Jennison Associates, a firm that draws upon over a half-centu
Better.com Expands Lending Solutions with Biz2Credit to Support Small Business Owners with Home Equity Financing Options
NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR) (“Better.com”), the leading AI-powered digital homeownership company, today announced a new partnership with Biz2Credit, the leading financing platform for small businesses. This collaboration will provide Biz2Credit’s customers the option to receive $50,000 to $500,000 in additional financing options through Better.com’s Home Equity Line of Credit (HELOC) and Home Equity Loan (HELOAN) products. Founded in 2007,
MiQ Names Marion Hargett U.S. Chief Revenue Officer, as Programmatic Demands Surge
NEW YORK--(BUSINESS WIRE)--Global programmatic media partner MiQ today announced the appointment of Marion Hargett as U.S. Chief Revenue Officer. Joining from her most recent post as Vice President of Business Development for The Trade Desk, she brings with her 20+ years of transformative experience across programmatic, advanced TV, and digital media that will prove instrumental in her leadership of revenue growth initiatives for MiQ's largest market. In her new role, Hargett will enable data-d
Citizens State Bank Selects Apiture to Deliver Enhanced Digital and Mobile Banking Experience
WILMINGTON, N.C.--(BUSINESS WIRE)-- #banking--Digital banking solutions provider Apiture announced Ouray, Colo.-based Citizens State Bank (CSB) has selected the Apiture Digital Banking Platform.
Thread Bancorp, Inc. Opens New Headquarters in Nashville
NASHVILLE, Tenn.--(BUSINESS WIRE)--Thread Bancorp, Inc. (“Thread” or the “Company”), the parent company of Thread Bank (the “Bank”), announced the opening of its new corporate headquarters, located in Nashville, Tennessee. Thread is the anchor tenant in “The Pitch,” a newly opened office building located at 1621 Ensley Blvd. in the city’s Wedgewood-Houston neighborhood. Thread’s new office, which will serve as a Loan and Deposit Production Office (LPO/DPO) for the Bank, represents both the Comp
Brand Finance Canada 100 2025: TD is the most valuable Canadian brand for the third year running, while Crown Royal leads for growth and strength
VANCOUVER, British Columbia--(BUSINESS WIRE)-- #brandfinance--TD has retained its position as the most valuable Canadian brand for the third consecutive year, according to the latest Canada 100 2025 report by Brand Finance. Despite a 10% decline in brand value this year to CAD23.4 billion, attributed to lower long-term revenue forecasts, TD continues to demonstrate resilience in a shifting economic landscape. According to Brand Finance research in Canada, TD achieves best-in-class scores for familiarity, consi
MDT Names Emily Szymczak Chief Financial Officer
FARMINGTON HILLS, Mich.--(BUSINESS WIRE)--MDT today announced the appointment of Emily Szymczak as Chief Financial Officer, helping support and guide the company’s financial strategy at scale.
Denise Wichmann Joins Alliant Insurance Services in Charlotte
IRVINE, Calif.--(BUSINESS WIRE)-- #AlliantInsurance--Denise Wichmann has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group.
Amount Launches New Enhancements to Help Banks and Credit Unions Grow Deposits Faster and Make More Informed Credit Decisions
CHICAGO--(BUSINESS WIRE)--Amount, a leading provider of consumer and small business deposit and loan origination software, today announced a suite of powerful platform enhancements designed to give banks and credit unions greater control over deposit growth, risk management, compliance, and credit decisioning. With expanded tools to streamline account opening and optimize deposit strategies, these updates empower financial institutions to attract and onboard customers faster while maintaining t
William J. Burns Joins Evercore as Senior Advisor
NEW YORK--(BUSINESS WIRE)--Evercore (NYSE: EVR) announced today that William J. Burns will join the firm in June as senior advisor for global affairs, based in Washington, D.C. Bill Burns has one of the most distinguished foreign policy and diplomatic records in American history, serving six presidents of both parties. Most recently, he served as Director of the Central Intelligence Agency and a member of President Biden’s Cabinet, where he played a critical role in dealing with a range of glob
Republic Bancorp, Inc. Reports First Quarter 2025 Net Income of $47.3 Million
LOUISVILLE, Ky.--(BUSINESS WIRE)--Republic Bancorp, Inc. (“Republic” or the “Company”) reported first quarter 2025 net income and Diluted Earnings per Class A Common Share (“Diluted EPS”) of $47.3 million and $2.42 per share, representing increases of 54% and 53%, over the $30.6 million and $1.58 per share reported for the first quarter of 2024. As a result, the Company achieved a return on average assets (“ROA”) and a return on average equity (“ROE”) of 2.61% and 18.74% for the first quarter o
Stearns Bank and Operation HOPE Announce Partnership to Provide Free Financial Counseling at St. Cloud, MN Branch
ST. CLOUD, Minn. & ATLANTA--(BUSINESS WIRE)--Stearns Bank, a well-capitalized, national financial services institution, and Operation HOPE announced today that they have partnered to provide free financial counseling at the bank’s St. Cloud, Minnesota branch. The Operation HOPE program, known as HOPE Inside, offers in-person group and one-on-one financial coaching sessions at no-cost to help individuals build savings, reduce debt and improve credit scores as well as support entrepreneurs in sta
Calabrio Unveiling Record Number of AI-driven Features to Accelerate Contact Center Efficiency and Customer Service Satisfaction
MINNEAPOLIS--(BUSINESS WIRE)--Calabrio, the workforce performance company, today announced powerful AI enhancements to the Calabrio ONE suite, designed to help organizations streamline operations, improve agent engagement, and deliver exceptional customer experiences. These innovations remove friction from daily workflows, giving managers and agents the tools to work more efficiently while ensuring service excellence. AI, now commonplace in contact centers, provides immense value. Calabrio's 20