PUERTO RICO

Fidelis Insurance Group Sponsors New Herbie Re Ltd. Catastrophe Bond

Retrieved on: 
Thursday, February 22, 2024

Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “the Company”) announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully closed a new catastrophe bond through the issuance of the Series 2024-1 Class A Principal at Risk Variable Rate Notes and the Series 2024-1 Class B Principal at Risk Variable Rate Notes (together, the “Series 2024-1 Notes”) by its Herbie Re Ltd. program (“Herbie Re”).

Key Points: 
  • Fidelis Insurance Holdings Limited (NYSE:FIHL) (“Fidelis Insurance Group” or “the Company”) announced today that Fidelis Insurance Bermuda Limited (“FIBL”) has successfully closed a new catastrophe bond through the issuance of the Series 2024-1 Class A Principal at Risk Variable Rate Notes and the Series 2024-1 Class B Principal at Risk Variable Rate Notes (together, the “Series 2024-1 Notes”) by its Herbie Re Ltd. program (“Herbie Re”).
  • This is the fifth series of notes issued by Herbie Re and will provide the Fidelis Insurance Group with $150 million of collateralized reinsurance protection.
  • Ian Houston, Fidelis Insurance Group Chief Underwriting Officer, said “Fidelis Insurance Group is excited to have in place the latest issuance under the Herbie Re Catastrophe Bond program.
  • Willkie Farr & Gallagher (UK) LLP advised as counsel for Fidelis Insurance Group and Herbie Re.

Napoli Shkolnik Recognized in 2024 Best Lawyers® Rankings

Retrieved on: 
Tuesday, February 27, 2024

Under Founding Partner Marie Napoli's Leadership, Napoli Shkolnik is pleased to announce it received five Tier 1 distinctions across three practice areas in the 2024 edition of Best Law Firms® rankings .

Key Points: 
  • Under Founding Partner Marie Napoli's Leadership, Napoli Shkolnik is pleased to announce it received five Tier 1 distinctions across three practice areas in the 2024 edition of Best Law Firms® rankings .
  • They are as follows:
    Additionally, four Partners and Associates across the Napoli Shkolnik offices have been recognized as 2024 Best Lawyers® in America and one was included in 2024 Best Lawyers: Ones to Watch® in America, the latter of which recognizes attorneys earlier in their careers who have presented outstanding professional excellence.
  • Best Lawyers® is the oldest and most respected publication company in the legal profession.
  • Through rigorous peer review, Best Lawyers® and Best Law Firms® lists recognize those attorneys and private law practices whose quality of work and ethical standards earn them the respect of their colleagues.

ILLINOIS TEAMSTERS URGE GENERAL ASSEMBLY TO BAN MANDATORY ATTENDANCE AT ANTI-UNION MEETINGS

Retrieved on: 
Friday, March 8, 2024

WASHINGTON, March 8, 2024 /PRNewswire/ -- Teamsters testified before the Illinois General Assembly in favor of Senate Bill 3649 (SB 3649). The bill, authored by Sen. Robert Peters, would ban mandatory attendance at captive audience meetings. These mandatory meetings are employer-sponsored presentations filled with anti-union propaganda designed to discourage organizing efforts. Employers use captive audience meetings to convince workers not to join a union, usually through intimidation, false promises, and outright lies.

Key Points: 
  • WASHINGTON, March 8, 2024 /PRNewswire/ -- Teamsters testified before the Illinois General Assembly in favor of Senate Bill 3649 (SB 3649).
  • The bill, authored by Sen. Robert Peters, would ban mandatory attendance at captive audience meetings.
  • These mandatory meetings are employer-sponsored presentations filled with anti-union propaganda designed to discourage organizing efforts.
  • Nationwide, Teamsters are pushing for state legislatures to address the issue of mandatory captive audience meetings.

TEAMSTERS CALL ON MASSACHUSETTS LAWMAKERS TO VOTE DOWN WORKER MISCLASSIFICATION BILL

Retrieved on: 
Friday, March 8, 2024

BOSTON, March 8, 2024 /PRNewswire/ -- The Teamsters are calling on Massachusetts lawmakers to vote against H.1099/S.666, legislation that paves the way for the expansion of worker misclassification throughout the Commonwealth.

Key Points: 
  • BOSTON, March 8, 2024 /PRNewswire/ -- The Teamsters are calling on Massachusetts lawmakers to vote against H.1099/S.666, legislation that paves the way for the expansion of worker misclassification throughout the Commonwealth.
  • The bill tacitly legitimizes misclassification of professional drivers by providing a small portion of collective bargaining rights that workers should already have under federal law.
  • In doing so, the bill undermines a Massachusetts law that applies a three-tiered approach (the "ABC" test) for determining employment status.
  • Founded in 1903, the International Brotherhood of Teamsters represents 1.3 million hardworking people in the U.S., Canada, and Puerto Rico.

With a Two-Year Revenue Growth of 82%, Invisors Ranks No. 184 on Inc. Magazine's List of the Southeast Region's Fastest-Growing Private Companies

Retrieved on: 
Friday, March 8, 2024

184 on its fourth annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.

Key Points: 
  • 184 on its fourth annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy's most dynamic segment– its independent small businesses.
  • The companies on this list show a remarkable rate of growth across all industries in the Southeast region.
  • "The honorees in our Inc. 5000 network are the Who's Who of private companies.

PLANET FITNESS AND MEGAN THEE STALLION RELEASE A SECOND CO-BRANDED MERCH COLLECTION "THEE HOTTIE DROP" IN HONOR OF WOMEN'S HISTORY MONTH

Retrieved on: 
Friday, March 8, 2024

HAMPTON, N.H., March 8, 2024 /PRNewswire/ -- Planet Fitness, one of the largest and fastest-growing franchisors and operators of fitness centers with more members than any other fitness brand, today announces its second drop of limited-edition, co-branded merch with Megan Thee Stallion – also known as 'Mother Fitness.' In support of women's empowerment, 'Thee Hottie Drop' will be available for purchase at shop.planetfitness.com beginning today, through March 31, or until supplies last. Planet Fitness will donate 100% of its sale profits* to both Pete & Thomas Foundation and SeekHer Foundation to empower women and advance their mental and physical wellness.

Key Points: 
  • In support of women's empowerment, 'Thee Hottie Drop' will be available for purchase at shop.planetfitness.com beginning today, through March 31, or until supplies last.
  • Planet Fitness will donate 100% of its sale profits* to both Pete & Thomas Foundation and SeekHer Foundation to empower women and advance their mental and physical wellness.
  • As an extension of Planet Fitness' focus on of women's wellness, the Company will also donate to SeekHer Foundation through a corporate contribution and fundraising through new members who join online in March.
  • "The Hotties loved the last Planet Fitness drop, so we had to run it back with brand new pieces," Megan said.

TEAMSTERS SUPPORT THE REEF ACT

Retrieved on: 
Friday, March 8, 2024

WASHINGTON, March 7, 2024 /PRNewswire/ -- Teamsters are commending the Senate Budget Committee for unanimously voting to pass the Railroad Employee Equity and Fairness (REEF) Act.

Key Points: 
  • WASHINGTON, March 7, 2024 /PRNewswire/ -- Teamsters are commending the Senate Budget Committee for unanimously voting to pass the Railroad Employee Equity and Fairness (REEF) Act.
  • Congress needs to pass the REEF Act immediately."
  • Founded in 1903, the International Brotherhood of Teamsters represents 1.3 million hardworking people in the U.S., Canada, and Puerto Rico.
  • Follow us on Twitter @Teamsters and "like" us on Facebook at Facebook.com/teamsters .

New Research Confirms Positive Impact of OneMain's BUILD Credit Education

Retrieved on: 
Thursday, March 7, 2024

The Importance of Credit-Based Education for High School Students ," developed by EVERFI from Blackbaud, the leader in powering social impact through education, details the impact that Build has had on students since its inception in August 2022.

Key Points: 
  • The Importance of Credit-Based Education for High School Students ," developed by EVERFI from Blackbaud, the leader in powering social impact through education, details the impact that Build has had on students since its inception in August 2022.
  • The research, which followed the progress of 17,000 high schoolers who took the course, shows that OneMain's Build course has used evidence-based approaches to improve credit knowledge for high school students nationwide.
  • Build is designed to help high school students develop healthy credit habits early and understand topics such as growing and managing credit and addressing issues and inaccuracies in their credit record.
  • OneMain also offers the Credit Worthy Family Resource Center and is funding $300,000 in scholarships for students participating in Credit Worthy by OneMain.

American Foundation for Suicide Prevention Advocates Gather Nationwide, Calling for Action on Suicide Prevention & Mental Health Policy

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 7, 2024 /PRNewswire/ -- Suicide is a leading cause of death in the United States, but it can be prevented. Each year from January to May, the American Foundation for Suicide Prevention (AFSP) chapters host State Capitol Day events across the country to provide the organization's over 50,000 Volunteer Advocates an opportunity to meet directly with public officials and impact suicide prevention legislation and policies in their home state. Two of this year's top policy priorities include securing permanent, sustainable funding for state 988 crisis services systems and increasing lethal means safety.

Key Points: 
  • This increase underscores the urgency of prioritizing state and local policies to improve mental health and prevent suicide.
  • "Thanks in no small part to the work of our Advocates, 48 suicide prevention and mental health bills we supported at the AFSP State Capitol Day events in 2023 have become law."
  • The Lifeline operates 24/7 to offer free, confidential support for crises related to suicidal thoughts and behaviors, mental health and substance use.
  • The American Foundation for Suicide Prevention is dedicated to saving lives and bringing hope to those affected by suicide, including those who have experienced a loss .

With a Two-Year Revenue Growth of 111 Percent, Botkeeper Ranks No. 210 on Inc. Magazine's List of the Southeast Region's Fastest-Growing Private Companies

Retrieved on: 
Thursday, March 7, 2024

ST. PETERSBURG, Fla., March 7, 2024 /PRNewswire/ -- Inc. magazine revealed that Botkeeper is No. 210 on its fourth annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy's most dynamic segment– its independent small businesses.

Key Points: 
  • 210 on its fourth annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.
  • We are honored to be recognized on the 2024 Inc. Regionals: Southeast list of the fastest-growing private companies in America!
  • The companies on this list show a remarkable rate of growth across all industries in the Southeast region.
  • Botkeeper is entering its next phase of growth with the imminent release of Botkeeper Infinite in late Q1 2024.