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AM Best Upgrades Issuer Credit Ratings of Florida Family Insurance Company and Its Subsidiary
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Florida Family Insurance Company and its subsidiary, Florida Family Home Insurance Company, which together make up the two pool members of Florida Family Group (Florida Family). The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSR is stable....
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Past The Wire Partnering with Former Dallas Mavericks President, GM, Minority Owner, Frank Zaccanelli to Expand into Sports Wagering, Prediction Markets and New Technology
FORT MYERS, Fla--(BUSINESS WIRE)--Past The Wire adds Frank Zaccanelli as partner to expand sports wagering, prediction markets, technology and programming....
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FTK Completes Beaumont, TX, LIHTC Project
ALLEN, Texas--(BUSINESS WIRE)--FTK Construction Services is pleased to announce the completion of the renovation at a property in Beaumont, Texas....
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Xtrackers II UK Regulatory Announcement: Net Asset Value(s)
LONDON--(BUSINESS WIRE)-- Xtrackers II Investment company with variable capital (Société d'investissement à capital variable) Registered office: 49, avenue J.F. Kennedy, L-1855 Luxembourg R.C.S. Luxembourg B-124.284 (the “Company”) NOTICE TO SHAREHOLDERS OF THE SUB-FUNDS LISTED ON THE LONDON STOCK EXCHANGE Luxembourg, 07 July 2026 The board of directors of the Company (the “Board of Directors”) hereby informs all shareholders of the sub-funds listed in the table below (each a “Sub-Fund”, and t...
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Fernie Cultural Universe: A Cross-Cultural Animated Art Ecosystem Rooted in a Scottish Castle
LONDON--(BUSINESS WIRE)--Fernie Cultural Universe, an MDLG project, follows core values: Civilization, Faith, Forgiveness and Freedom. More than a medieval castle, it is a long-term cultural ecosystem focused on Eastern philosophy, animation and cross-cultural experiences. Based on historic Fernie Castle, it blends Oriental gardens, original animation IP and European heritage to build a sustainable system covering physical spaces, original works and digital platforms. The project's uniqueness l...
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KBRA Releases Research – Servicer Holdbacks and Impact on CMBS Waterfalls: WFCM 2015-C26 Case Study
NEW YORK--(BUSINESS WIRE)--KBRA releases research examining a case study for the commercial mortgage-backed securities (CMBS) sector, which focuses on servicer holdbacks and their impact on CMBS waterfalls. A servicer holdback is an amount withheld by the master servicer or special servicer from proceeds that would otherwise be distributed to CMBS certificateholders. Holdbacks are intended to ensure funds are available to pay future servicing costs, anticipated expenses, or unresolved obligatio...
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Secret Double Octopus Releases 2026 State of Identity Security in Financial Organizations Report
MENLO PARK, Calif.--(BUSINESS WIRE)--Secret Double Octopus (SDO), the leader in enterprise-grade passwordless authentication, today announced the release of its 2026 State of Identity Security in Financial Organizations report. The study, based on a survey of 200 IAM leaders and stakeholders at financial services firms across the US and Canada, exposes a sharp disconnect between how protected these organizations believe they are and what their own responses reveal about the maturity of their id...
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Huron Capital Completes Sale of Horsepower Automotive Group to River Associates
DETROIT--(BUSINESS WIRE)--Huron Capital Partners (“Huron Capital”), a leading middle market private equity firm, is pleased to announce the sale of Horsepower Automotive Group (“HPAG” or the “Company”), a diversified aftermarket automotive platform, to River Associates Investments (“River Associates”).Huron initially launched the platform in 2015 through its acquisition of Drake Automotive, a provider of vintage Mustang enthusiast parts. Through a focused buy-and-build strategy, Huron completed...
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Avangrid Begins Panel Installation at Oregon Trail Solar, Supports Local Jobs
ARLINGTON, Ore.--(BUSINESS WIRE)--Avangrid, Inc., a leading energy company and member of the Iberdrola Group, today announced that it has begun panel installation at Oregon Trail Solar, a 57 MWdc (41 MWac) energy project located in Gilliam County, Oregon. The milestone marks an important step forward in the project’s construction, which is supporting 200 local union jobs. “Beginning panel installation at Oregon Trail Solar marks meaningful progress in delivering new energy infrastructure in Ore...
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Dryad Networks Reaches XPRIZE Wildfire Finals Milestone, Demonstrating Autonomous Detection and Suppression of Wildfires in Alaska
BERLIN--(BUSINESS WIRE)--Dryad Networks, the leader in ultra-early wildfire detection technology, today announced a major achievement in the finals of the Autonomous Wildfire Response track of XPRIZE Wildfire, a four-year, $11 million global competition accelerating new solutions to end destructive wildfires. Competing against just two other finalists selected from an original field of nearly 300 teams worldwide, Dryad successfully demonstrated the integrated capabilities of its Silvanet wildfi...