Newsroom

Sorted by: Latest

-

Best’s Market Segment Report: Value-Added Tax to Ramp Up Pressure on Mexico Insurers’ 2026 Earnings

MEXICO CITY--(BUSINESS WIRE)--The elimination of a fiscal credit on value added tax (VAT) paid to third parties such as hospitals and on other claims-related expenses in Mexico is likely to create greater earnings volatility and pressurize the capitalization of smaller or monoline insurers, according to a new AM Best report.Under the 2026 Federal Revenue Law, insurers can no longer recover the 16% VAT they pay to third-party repair shops, hospitals or service providers when settling a claim, mak...
-

First Trust Global Funds PLC UK Regulatory Announcement: Net Asset Value(s)

LONDON--(BUSINESS WIRE)--  Funds Date TIDM ISIN Code Shares in Issue Currency Net Asset Value NAV/per Share First Trust Vest U.S. Equity Moderate Buffer UCITS ETF - February 15.09.2026 GFEB.LN IE000X8M8M80  700,002.00 USD  27,935,799.08   39.908  ...
-

AM Best Affirms Credit Ratings of Bridgehaven Specialty UK Ltd and Bridgehaven Europe Specialty DAC

LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Bridgehaven Specialty UK Ltd (BH-UK) (United Kingdom) and Bridgehaven Europe Specialty DAC (BH-Ire) (Ireland). The companies are wholly owned subsidiaries of Bridgehaven Europe Holdings Ltd (Bridgehaven), the non-operating holding company of the Bridgehaven group. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect B...
-

A3 Expands Introduction to Industrial Robotics Course with Business Case for Automation

ANN ARBOR, Mich.--(BUSINESS WIRE)--The Association for Advancing Automation (A3) has expanded its Introduction to Industrial Robotics course with a new module focused on the business case for automation, helping learners go beyond understanding how robotics works to evaluating where automation can create value and ROI. Designed for beginners with no technical background, A3’s self-paced Introduction to Industrial Robotics course provides a practical foundation for people entering the field as w...
-

Relation Insurance Names Dave Tacha Chief Revenue Officer

CHICAGO--(BUSINESS WIRE)--Relation Insurance Services ("Relation") announced today that Dave Tacha has joined the company as Chief Revenue Officer. In this newly created role, Tacha will lead Relation's enterprise revenue strategy and work across its regions and business lines to accelerate organic growth, strengthen sales execution, and support producer recruitment and development.The appointment reflects Relation’s continued investment in its organic growth engine, with a focus on helping prod...
-

First Trust Global Funds PLC UK Regulatory Announcement: Net Asset Value(s)

LONDON--(BUSINESS WIRE)--  Funds Date TIDM ISIN Code Shares in Issue Currency Net Asset Value NAV/per Share First Trust Vest S&P 500 Dividend Aristocrats Target Income UCITS ETF 15.09.2026 KNG.LN IE000SNMGYT5 1,200,002.00 USD  24,686,080.98   20.572  ...
-

Powerus Named by the Department of War as an Industry Participant in Falcon Peak 26.2

WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Powerus named by the Department of War as one of 21 industry participants in Falcon Peak 26.2 at Yuma Proving Ground....
-

Vantora Secures More Than $100 Million From Silversmith Capital Partners to Build AI-Native Operating Companies Inside Industrial Enterprises

SANTA MONICA, Calif.--(BUSINESS WIRE)--Vantora (formerly UP.Labs) today announced more than $100 million in growth investment from Silversmith Capital Partners. The investment marks the first time the profitable, founder-led company has raised outside capital and will support its next phase of growth, including expansion of corporate partnerships, continued development of its data ontology product, and hiring across AI and commercial roles. Vantora was founded in 2022 by John Kuolt, who spent y...
-

Netsmart Honors Clients Driving Innovation, AI Adoption and Measurable Value at CONNECTIONS2026

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Netsmart honors 2026 HIT Value Model Award recipients for using AI, data and technology to drive measurable value across community-based care....
-

Bain Capital Ventures Announces $1.6B New Fund to Invest in Founders Building for an Abundant Post-AGI World

SAN FRANCISCO--(BUSINESS WIRE)--Bain Capital Ventures (BCV) today announced the close of Bain Capital Ventures Fund XI (“Fund XI”) exceeding its target, raising $1.6 billion in total capital. Bain Capital partners, employees and their related entities are among the single largest investors in the fund, alongside pensions, endowments and foundations, consistent with Bain Capital’s heritage across all its funds. BCV's early-stage strategy has consistently concentrated capital at the formation sta...