Search

This edition lists all Credit Rating actions that occurred between Sept. 1 and Sept. 30, 2024. For the Credit Rating of any company rated by AM Best and basic company [...]

Operating Companies Rating Business Company Name/ Action Type Ultimate Parent Outlook H Accendo Insurance Company Change CVS Health Corporation Outlook H Aetna Better Health of Florida, Inc. Change CVS Health [...]

This edition lists all Credit Rating actions that occurred between July 1 and July 31, 2024. For the Credit Rating of any company rated by AM Best and basic company [...]

Many big N.C.-based companies soared over the soared over the past year. But 33 of the 75 showed declines. It's conventional investing wisdom that few individuals can top the long-term [...]

This edition lists all Credit Rating actions that occurred between June (1) and June 30, (2)024. For the Credit Rating of any company rated by AM Best and basic company [...]

This edition lists all Credit Rating actions that occurred between May 1 and May 31, 2024. For the Credit Rating of any company rated by AM Best and basic company [...]

This edition lists all Credit Rating actions that occurred between April 1 and April 30, 2024. For the Credit Rating of any company rated by AM Best and basic company [...]

LIFE/HEALTH Mergers Coventry Health Plan of Florida Inc. (AMB# 064102), Plantation, FL, USA. This company merged with and into Aetna Health Inc. (a Florida corporation) on Jan. 1, 2024. Texas [...]

The corporations formed by the Alaska Native Claims Settlement Act (ANCSA) have nimbly adapted to changing economic circumstances and opportunities to safeguard their lands and resources and support their communities [...]

This edition lists all Credit Rating actions that occurred between Feb. 1 and Feb. 29, 2024. For the Credit Rating of any company rated by AM Best and basic company [...]

Northwestern Mutual names successor to retiring CEO, CVS Health appoints permanent CFO and Great West Lifeco leadership shifts as president steps down. State Farm said Chief Financial Officer Jon Farney [...]

This Economic Commentary describes the collapse and subsequent bailout of the Detroit-headquartered Bank of the Commonwealth in 1972. Commonwealth failed because it invested heavily in long-duration, fixed-rate municipal securities in the mid-1960s in a bet that interest rates would decline. Instead, with the beginning of the Great Inflation of 1965-1980, rates rose. Liquidity problems then ensued, and the bank approached failure. Unable to find an acquirer because of Michigan's banking restrictions, regulators instead bailed out the bank because of fears of contagion. This article also compares the collapse of Commonwealth with the spring 2023 failures of Silicon Valley Bank and First Republic. In particular, I discuss structural changes in banking that impacted the speed of the runs and the pools of potential acquirers., Introduction In 1970, the Bank of the Commonwealth was in severe trouble. The bank, headquartered in Detroit, Michigan, had grown fast since 1964, roughly tripling in size to $1.5 billion [...]

This edition lists all Credit Rating actions that occurred between Jan. 1 and Jan. 31, 2024. For the Credit Rating of any company rated by AM Best and basic company [...]

Zurich taps group CFO, Markel Group names chief financial officer and Marsh hires U.S. chief growth officer. Allianz Global Corporate & Specialty SE named Petros Papanikolaou to succeed Joachim Muller [...]

Top 25 US Holding Companies Best's Rankings Top 25 US Holding Companies - 2024 Edition Ranked by Assets ($ Thousands) Rank AMB# Company Name 2023 Total Assets 1 058334 Berkshire [...]

The Florida insurance market appears to be stabilizing, Florida Peninsula Insurance President Clint Strauch said, and the company plans a 2% rate reduction midyear for homeowner and condo policies. 'This [...]

Steel Partners Holdings L.P., a diversified global holding company, reported that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable December 15, to [...]

BBX Capital, Inc. has reported its financial results for the third quarter ended September 30. In a release on November 12, the company noted selected highlights of BBX Capital's consolidated [...]

BBX Capital, Inc. has reported its financial results for the third quarter ended September 30. In a release on November 12, the company noted selected highlights of BBX Capital's consolidated [...]

PROG Holdings, Inc. reported its Board of Directors declared a quarterly cash dividend of $0.12 per share of common stock, payable on December 3, to shareholders of record as of [...]

IN THIS ISSUE / philatelic firsts Kaiserliche Reichspost AsPaula Hammond explains, Germany’s Deutsche Post has its origins in the Kaiserliche Reichspost, which owes its existence to the Thurn and Taxis [...]

CANNABIS INDUSTRY INSIGHT-(C)2024 M2 COMMUNICATIONS Can B Corp. (OTCQB: CANB) has announced the completion of a reorganisation establishing Nascent Pharma Holdings, Inc. as its new publicly-traded parent entity. Under this [...]

Northwest Natural Holding Company (NW Natural Holdings) reported it will issue its third quarter and year-to-date 2024 earnings release and conduct an analyst conference call and webcast to review results [...]

Can B Corp. has implemented a reorganization in which a new holding company, Nascent Pharma Holdings, Inc., has become the publicly-traded parent of Can B and its subsidiaries. As a [...]

Byline: aranyamondal Abu Dhabi-based CYVN Holdings has entered into a non-binding agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), Bahrain’s sovereign wealth fund, to acquire McLaren's automotive business. This potential deal [...]

GDS Holdings announced that its international affiliate, DigitalLand Holdings, which acts as the holding company for GDSH's data center assets and operations outside of mainland China, has entered into definitive [...]

Employers Holdings, Inc., a provider of workers' compensation insurance, reported that Michael Pedraja will join the company as Executive Vice President and Chief Financial Officer (Designate), effective February 3, 2025. [...]

The Marygold Companies announced it has acquired a 7.95% ownership position, investing $1.8M in Delaware based Midland Capital Holdings Corporation MCHC a privately owned holding company whose principal operating entity [...]

Global Banking News-October 23, 2024--Court rules against Deutsche Bank in Postbank acquisition lawsuit (C)2024 ENPublishing - http://www.enpublishing.co.uk Global Banking News - 23 October 2024 A court has ruled against Germany-based [...]

Byline: David Leggett South Korea's Hansae Yes24 Group confirmed it is committed to diversifying into the automotive industry from its current operations focused mainly on clothing and fashion accessories. The [...]

B. Riley Financial and funds managed by Oaktree Capital Management, have signed a definitive agreement to establish a partnership in Great American Holdings, a newly formed holding company. Prior to [...]

Investcorp India Acquisition announced that it has substantially concluded its diligence work and negotiations with Bigtincan, or BTH, in connection with IVCA's previously announced proposal to consummate a business combination [...]