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LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz Announces Investigation of Western Alliance Bancorporation (WAL) on Behalf of Investors...

CAMBRIDGE, Mass.--(BUSINESS WIRE)--The MIT Sloan CFO Summit, the premier conference for Chief Financial Officers, which brings together more than 400 CFOs, senior financial executives and MIT faculty, successfully concluded its 23rd annual event. Themed “Change Management: How CFOs Lead, Structure and Manage Change,” the conference offered a full day of formal presentations, panel discussions and high-level networking. “We are delighted to bring together CFO leaders from emerging start-ups to e...

WAYNE, Pa.--(BUSINESS WIRE)--Guardian today announced a majority recapitalization of Raptor Power Systems, a designer and manufacturer of highly engineered power products....

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) announced that Tom Wilson, its Chair, President and Chief Executive Officer, will present at the Goldman Sachs U.S. Financial Services Conference at 7 a.m. CT on Wednesday, Dec. 10. A webcast of the presentation can be accessed at www.allstateinvestors.com. A replay will also be posted there shortly after the presentation ends. Financial information, including material announcements about The Allstate Corporation, is routin...

NEW YORK--(BUSINESS WIRE)--KBRA releases its 2026 CMBS Sector Outlook, which highlights our 2026 new issuance forecast, trends among the seven major property types including demand and supply, and factors that may affect property performance next year. We also discuss year-to-date (YTD) KBRA-rated CMBS conduit trends and metrics, take a closer look at 2025 ratings activity, and provide our rating expectations for 2026. The Federal Reserve, which began lowering interest rates in 2024, continued...

LONDON--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Alliance Insurance (PSC) (Alliance) (United Arab Emirates). The Credit Ratings (ratings) reflect Alliance’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. The revis...

GARDEN CITY, N.Y.--(BUSINESS WIRE)--Horizon Group (“Horizon” or the “Company”), a leading global provider of specialized international freight forwarding focused on time-critical marine spare parts logistics, has announced that Gal Dayan has been appointed as Horizon’s new COO, effective April 15, 2025. Horizon is a portfolio company of GHK Capital Partners LP (“GHK”), a leading middle-market private equity firm based in Greenwich, CT. Dayan is an accomplished operations executive with decades...

LONDON--(BUSINESS WIRE)--KBRA UK (KBRA) assigns preliminary ratings to six classes of notes issued by Cheshire 2021-1 PLC (Cheshire Refinance), a static RMBS securitisation backed by a non-conforming portfolio of performing and reperforming mortgage loans. Cheshire Refinance will be a refinancing of the original Cheshire 2021-1 PLC transaction, which closed in September 2021 (50.7% of the portfolio) and Warwick Finance Residential Mortgages 4 PLC, which closed in 23 August 2019 (49.3% of the po...

LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Tanzania Reinsurance Company Ltd. (TAN RE) (Tanzania). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TAN RE’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management. TAN RE’s balance sheet strength is und...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Physicians Insurance A Mutual Company (Seattle, WA), and its reinsured subsidiary, Physicians Insurance RRG, Inc. (Burlington, VT). Physicians Insurance Mutual Group is referred to as PI. The Credit Ratings (ratings) reflect the PI’s balance sheet strength, which AM Best assesses as st...