Lastest from Businesswire

PHILADELPHIA--(BUSINESS WIRE)--For the second year in a row Blue Cross Blue Shield Plans posted a sharp decline in PMPM expense growth, to 4.0% in 2024 from 5.6% in 2023.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Transmonde Services Insurance Company Limited (Transmonde) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has withdrawn these ratings as the company has requested to no longer participate in AM Best’s interactive rating process. The ratings reflect Transmonde’s balance sheet strength,

CAMBRIDGE, Mass.--(BUSINESS WIRE)--İş Private Equity, a subsidiary of Türkiye İşbank Group, has launched Enlila, a biotechnology venture, for the purpose of entering into a sponsored research agreement with the Hotamışlıgil Lab at Harvard T.H. Chan School of Public Health. Research led by Prof. Gökhan Hotamışlıgil had elucidated a fundamental mechanism underlying obesity and age-related diseases. Preclinical studies indicate that this mechanism has significant therapeutic potential, and the Hot

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 8 classes of Certificates from COOPR Residential Mortgage Trust 2025-CES2 (COOPR 2025-CES2), a $317.5 million RMBS transaction, as of the cut-off date, sponsored by Nationstar Mortgage LLC d/b/a Mr. Cooper and Loan Funding Structure VI LLC and consists almost entirely of 4,613 newly originated closed-end second lien mortgages (CES; 99.9%). The underlying pool is seasoned approximately 0.5 months and all loans are originated by Mr. C

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action lawsuit on behalf of purchasers and acquirers of 3D Systems Corporation (NYSE: DDD) securities between August 13, 2024 and May 12, 2025, both dates inclusive (the “Class Period”). 3D Systems provides 3D printing and digital manufacturing solutions. For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653. The Allegations: Rosen

NEW YORK--(BUSINESS WIRE)-- #ecls--Expert Institute, the legal industry’s leading provider of expert witness services, research, and data-driven intelligence, today announced its acquisition of ExpertConnect Litigation Support, LLC (ECLS), a national firm known for its elite network of expert witnesses in high-stakes regulatory, commercial, and intellectual property disputes. The acquisition further solidifies Expert Institute’s position as the largest and most trusted platform for expert witness engag

ALEXANDRIA, Va.--(BUSINESS WIRE)--Armed Forces Benefit Association (AFBA), and its affiliate, 5Star Life Insurance Company (5Star Life), announced today the appointment of Xianmei Tang as Chief Actuary and Senior Vice President, Actuarial, effective June 13, 2025. “We are pleased to welcome Xianmei to the AFBA and 5Star Life team," said General Larry O. Spencer, USAF (Ret.), President of AFBA and 5Star Life. “His deep actuarial knowledge will be a great asset as we continue to make financially

LOS ANGELES--(BUSINESS WIRE)---- $ZBIO--ZBIO Investors Have Opportunity to Lead Zenas BioPharma, Inc. Securities Fraud Lawsuit with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)---- $DDD--DDD Investors Have Opportunity to Lead 3D Systems Corporation Securities Fraud Lawsuit with the Schall Law Firm

MINNEAPOLIS--(BUSINESS WIRE)--HomeServices of America, the nation’s premier provider of homeownership services – including brokerage, mortgage, franchising, title, escrow, insurance, and relocation services – today announced the appointment of Renee Gonzales as Vice President – Core Services Integrations, a newly created role designed to accelerate business growth and operational alignment across its national network of companies. In her expanded role, Gonzales – who will remain as CEO of Long

MINNEAPOLIS--(BUSINESS WIRE)--Private wealth advisory practice, Allegiant Private Wealth, recently joined the independent channel of Ameriprise Financial, Inc. (NYSE: AMP) from Merrill Lynch with over $300 million in assets. The practice, located in Ocean City, M.D. is led by Private Wealth Advisor Christine Selzer, CFP®, and includes Private Wealth Advisors Brian Selzer, CRPC™ and Brody Grove, CFP®. The move was driven by the team’s desire for greater independence and a stronger emphasis on in

LOS ANGELES--(BUSINESS WIRE)---- $IBTA--IBTA Investors Have Opportunity to Lead Ibotta, Inc. Securities Fraud Lawsuit with the Schall Law Firm

PHOENIX--(BUSINESS WIRE)--Big Y is pleased to announce an agreement with University of Phoenix to provide employees with tuition benefits at the University. The collaboration supports Big Y’s goal of providing its employees with long, fulfilling careers by ensuring the company’s thousands of team members have access to the educational resources they need to continue their skill development and pursue their goals. "We are pleased to announce our partnership with University of Phoenix which prese

TAMPA, Fla.--(BUSINESS WIRE)-- #AlcoholIndustry--GrayRobinson is proud to announce its national Alcohol Law Team has once again earned the highest possible ranking—Band 1 for Food & Beverages: Alcohol in USA-Nationwide—by the Chambers USA Guide 2025. This prestigious recognition reaffirms the team's position as the leading legal authority in the food and alcohol beverage space nationwide for over a decade. Further underscoring the team’s expertise, five attorneys were also individually recognized by the Chamb

LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages Vestis Corporation (VSTS) Investors To Inquire About Securities Fraud Class Action

BRIDGEPORT, W. Va.--(BUSINESS WIRE)--FHLBank Pittsburgh announced Citizens Bank of West Virginia as a 2025 winner of its Pillars of the Community Awards, and conferred the award today.

NEW YORK--(BUSINESS WIRE)--Button, a leader in mobile commerce optimization and retail media, today announced a strategic growth investment from PSG, a leading growth equity firm that specializes in partnering with software and technology-enabled services companies to capitalize on transformational growth. PSG joins existing investors Redpoint Ventures, Norwest Ventures, and Icon Ventures, which will continue their partnership with Button. Button helps drive more sales by sending shoppers to th

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming June 17, 2025 deadline to participate as a lead plaintiff in the securities fraud class action lawsuit filed on behalf of investors who acquired NET Power Inc. (“Net Power” or the “Company”) (NYSE: NPWR) securities between June 9, 2023 and March 7, 2025, inclusive (the “Class Period”). IF YOU ARE AN INVESTOR WHO LOST MONEY ON NET POWER INC. (NPWR), CLICK HERE TO PARTICIPATE IN THE SECURITIES FRAUD L

SAN FRANCISCO--(BUSINESS WIRE)--Visa Inc. (NYSE: V) today unveiled its Money Travels: 2025 Digital Remittances Adoption Report, highlighting the growing influence of digital remittance applications in North America, driven by convenience, security, and user-friendly experiences. "Digital remittances are being embraced across North America due to their ease of use, reliability, and improved security," said Ben Ellis, SVP and Head of Visa B2B Connect. "As digital remittances become more prevalent

LOS ANGELES--(BUSINESS WIRE)--TEM Investors Have Opportunity to Lead Tempus AI, Inc. Securities Fraud Lawsuit with the Schall Law Firm