Articles from Business Wire

Assurant, Inc. (NYSE: AIZ), a leading global business services company that supports, protects, and connects major consumer purchases, has been included in Newsweek’s list of America’s Most Responsible Companies 2025. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The awards list can be viewed on Newsweek’s website.

AM Best has revised the outlook to negative from stable of the Long-Term Issuer Credit Ratings (Long-Term ICRs) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICRs of “a+” (Excellent) of Nonprofits Insurance Alliance of California, Inc. (Santa Cruz, CA), National Alliance of Nonprofits for Insurance, Inc. and Alliance of Nonprofits for Insurance, Risk Retention Group, Inc. (both of West Brookfield, VT) which all are members of Nonprofits Insurance Alliance Group (NIA or the group). The outlook of the FSR is stable.

UNITE HERE Local 11 sent a letter to Jamaica Bay Inn investors regarding the ongoing labor dispute at the Marina Del Rey property, which is operated by Pacifica Hotels.

KKR today announced a newly promoted group of 41 Managing Directors, effective January 1, 2025.

As temperatures drop, ComEd’s Energy Doctors are available to offer energy-saving tips that can help families and individuals manage energy use and save money on electric bills.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of Hannover Rück SE (Hannover Re) (Germany) and its main subsidiaries. AM Best also has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of a debt instrument issued by Hannover Re. The outlook of these Credit Ratings (ratings) is stable. See below for a detailed listing of all companies and ratings.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) of HDI Global Seguros, S.A. (HDI-GS) (Mexico). Concurrently, AM Best has affirmed the Mexico National Scale Rating of “aaa.MX” (Exceptional) of HDI-GS. The outlook of these Credit Ratings (ratings) is stable.

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”) is pleased to announce that it has received approval from the TSX Venture Exchange (“TSXV”) of its Notice of Intention to Make a Normal Course Issuer Bid (the “NCIB”).

At AWS re:Invent, Luma AI today announced the upcoming release of its newly updated Luma AI Ray 2 Video Model, which produces videos from text and image prompts in as little as 10 seconds. Developed for general consumers, prosumers, and professionals, the Luma AI Ray 2 Video Model, accessible through Luma AI’s recently launched Dream Machine service, extends Luma’s capabilities as a visual thought partner, enabling users to bring their ideas to life in high-quality, stunning videos that are now up to 1-minute long–from five seconds in the previous model. Additionally, Luma AI and Amazon Web Services (AWS) announced a strategic collaboration that will bring Luma AI’s best-in-class visual AI models to Amazon Bedrock, enabling AWS customers to build and deploy visual capabilities into their AI applications.

World of Illumination, the producer of the world’s largest drive-through animated light show, is excited to unveil its 2024 lineup of larger-than-life holiday light displays and locations as the company expands across the United States.

At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced four new innovations for Amazon SageMaker AI to help customers get started faster with popular publicly available models, maximize training efficiency, lower costs, and use their preferred tools to accelerate generative artificial intelligence (AI) model development. Amazon SageMaker AI is an end-to-end service used by hundreds of thousands of customers to help build, train, and deploy AI models for any use case with fully managed infrastructure, tools, and workflows.

American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., urges customers and the general public to follow these essential tips to help ensure you and your loved ones stay safe and comfortable during the colder months.

Hunt Capital Partners (HCP) announced the closing of its $193.5 million low-income housing tax credit (LIHTC) equity fund, Hunt Capital Partners Tax Credit Fund 51 (HCPTCF 51). The fund will invest in 16 communities nationwide, creating 1,291 affordable homes for low-income families and the unhoused. The developments will include set-asides, dedicating quality housing options for special needs populations such as veterans, individuals with disabilities, those struggling with substance abuse, people living with HIV/AIDS, and youth aging out of foster care. HCPTCF 51 represents the largest multi-investor fund that HCP has closed to date.

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that the second cohort of newly hired technicians has graduated from Avangrid’s National Training Center (NTC). Technicians from Avangrid wind projects in three different states attended two-and-a-half weeks of safety and technical training at the NTC located in Sherman County, Oregon.

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.) (Germany) and its rated insurance subsidiaries. The outlook of these Credit Ratings (ratings) is stable. Concurrently, AM Best has assigned an FSR of A+ (Superior) and a Long-Term ICR of “aa-” (Superior) to HDI Global Select Insurance Company (Indianapolis, IN). The outlook assigned to these ratings is stable. Additionally, AM Best has affirmed the Mexico National Scale Rating of “aaa.MX” (Exceptional) of HDI Global Seguros, S.A. (Mexico City, Mexico). The outlook of this rating is stable. (Please see below for a detailed listing of the subsidiaries and ratings.)

ProAmpac, a leader in flexible packaging and material science, has been recognized with TreeHouse Foods’ prestigious 2024 Supplier Value Award for outstanding contributions to Environmental, Sustainability, and Governance (ESG). This award highlights ProAmpac’s environmental stewardship, innovation, and service excellence across TreeHouse’s operations and supply chain.

Ameriprise Financial, Inc. (NYSE: AMP) has received two J.D. Power certifications for delivering exceptional customer phone service to its clients and financial advisors. For the first time, the firm earned the “Outstanding Customer Service Experience” certification for the high level of service provided to clients. And, for the sixth consecutive year, the firm received the “Outstanding Customer Service Experience” certification for service provided to its advisors.

AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating to “a” (Excellent) from “a-” (Excellent) of Landcar Casualty Company (Landcar) (Draper, UT). The outlook of these Credit Ratings (ratings) has been revised to stable from positive.

UKG, a leading provider of HR, payroll, workforce management, and culture solutions, today announced that Suresh Vittal will join as chief product officer (CPO) beginning on January 20, 2025. Vittal will lead the company’s global product strategy and development, including user experience and cloud operations, for the more than 80,000 organizations that use UKG products across 150 countries worldwide.

At AWS re:Invent, Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced new innovations for Amazon Bedrock, a fully managed service for building and scaling generative artificial intelligence (AI) applications with high-performing foundation models. Today’s announcements reinforce AWS’s commitment to model choice, optimize how inference is done at scale, and help customers get more from their data.

The "Breast Cancer Therapeutics - A Global Market Overview" report has been added to ResearchAndMarkets.com's offering.

Pregis®, a global leader in protective packaging, mailing and bagging, and flexible packaging solutions, has taken a transformative step toward its 2040 net-zero pledge. In 2024, the company will match 100% of the electricity consumed at six facilities with wind power. The sites selected primarily produce curbside recyclable paper mailers. This milestone reduces market-based scope 2 emissions by over 4,000 metric tons of CO2e annually—the equivalent of driving from New York City to Los Angeles 3,723 times.

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international shareholder and consumer rights litigation firm, notifies investors that the deadline to move for lead plaintiff in a securities class action lawsuit against Dentsply Sirona, Inc. (NASDAQ: XRAY) (“Dentsply” or the “Company”) and certain other defendants (collectively, “Defendants”) is January 27, 2025.

unWired Broadband, a leading high-speed Internet provider in California, announced today the launch of their high-speed Internet service in Isleton, CA. To deliver this service, unWired has constructed a telecommunications tower in the city, equipped with state-of-the-art fixed wireless technology from Tarana Wireless that offers up to Gig speeds. This partnership will bridge the digital divide in a region that has been severely underserved by Internet service providers. Residents and businesses alike now have access to high-speed Internet in Isleton and the surrounding areas.

University of Phoenix is pleased to share that College of Nursing Dean Raelene Brooks, Ph.D., RN, was named to the 2025 “Who’s Who in Healthcare: Industry Leaders” List by AZ Business magazine. This is the third year in a row Dr. Brooks has received the honor, which seeks to recognize the contributions of healthcare leaders across Arizona. Designations to the Who's Who in Healthcare list come from a panel of professional leaders from a variety of industries including healthcare, higher education and business, in conjunction with AZ Business magazine's editorial board.