- Ford Motor Co sued Blue Cross Blue Shield Association in U.S. court on Wednesday, accusing it of a price-fixing conspiracy that caused the automaker to pay inflated costs for health insurance products for its employees.
Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, announced that Moodys Investors Service, has affirmed all ratings of Dime Community Bancshares, Inc. (DCOM) and Dime Community Bank. Moodys affirmed the Banks long- term deposit rating of A3. In addition, Moodys affirmed the Companys long-term issuer rating of Baa3.
RMG Acquisition Corp. III (RMGC) today announced that it received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC on May 25, 2023 due to the Companys non-compliance with Nasdaq Listing Rule 5250 as a result of the Companys failure to timely file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023.
AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of aa- and the Mexico National Scale Rating of aaa.MX of Berkley International Seguros Mexico S.A.. The outlook of these Credit Ratings is stable.
KBRA assigns a long-term rating of AA- to the City of Lansing, Michigan Capital Improvement and Refunding Bonds, Series 2023B. Key Credit Considerations The rating reflects the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
DALLAS, June 1, 2023 The Highland Income Fund (HFRO) today announced its regular monthly distribution on its common stock of $0.0770 per share. The Fund is a closed-end fund that seeks to provide a high level of current income, consistent with the preservation of capital in a registered fund format.
AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of aa- and the Mexico National Scale Rating of aaa.MX of Berkley International Fianzas Mexico S.A.. The outlook of these Credit Ratings is stable.
Priority Income Fund, Inc. announced today that the Funds board of directors has declared additional steady monthly cash base common shareholder distributions as well as an increased quarterly cash bonus common shareholder distribution.
AM Best has affirmed the Long-Term Issuer Credit Rating of a- of W. R. Berkley Corporation (WRB) [NYSE: WRB] and all associated Long-Term Issue Credit Ratings and indicative Long-Term IRs for securities issued by W. R. Berkley (WRB). Concurrently, AM Best has assigned an FSR of A+ and a Long-Term ICR of aa- to W. R. Berkleys newly reinsured affiliate, Berkley Prestige Insurance Company.
Brown & Brown, Inc. (BRO) has announced the appointment of Barry Hensley as chief security officer and Rob Burch as chief information security officer for Brown & Brown (BRO). Gray Nester, the Companys chief information officer, said, With the addition of a CSO role and the talents of Barry and Rob, Brown & Brown (BRO) is investing in our business's long-term success and future.
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