BBB

AM Best Downgrades Issuer Credit Rating of CESCE Fianzas México, S.A. de C.V.

Thursday, March 26, 2020 - 8:45pm

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to bbb from bbb+ and the Mexico National Scale Rating (NSR) to aa.MX from aa+.MX, and affirmed the Financial Strength Rating (FSR) of B++ (Good) of CESCE Fianzas Mxico, S.A. de C.V. (CESCEF).

Key Points: 
  • AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to bbb from bbb+ and the Mexico National Scale Rating (NSR) to aa.MX from aa+.MX, and affirmed the Financial Strength Rating (FSR) of B++ (Good) of CESCE Fianzas Mxico, S.A. de C.V. (CESCEF).
  • Partially offsetting these positive rating factors are CESCEMs historically negative bottom line results and the intense competition in Mexicos credit insurance segment.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Better Business Bureau Says Email Compromise Scam Can Happen to Anyone

Thursday, February 27, 2020 - 9:27pm

The Better Business Bureau reports that, sadly, she is not alone.

Key Points: 
  • The Better Business Bureau reports that, sadly, she is not alone.
  • Business email compromise scams have cost business owners and other organizations more than $3 billion since 2016.
    Business email compromise fraud is an email phishing scam that typically targets people who pay bills in businesses, government, and nonprofit organizations.
  • ABOUT BBB:For more than 100 years, the Better Business Bureau has been helping people find businesses, brands, and charities they can trust.
  • The International Association of Better Business Bureaus is the umbrella organization for the local, independent BBBs in the United States, Canada, and Mexico.

Trinity Capital Receives “BBB-” Investment Grade Rating from Egan-Jones

Tuesday, February 25, 2020 - 1:20pm

Trinity Capital Inc. (Trinity or the Company), a leading specialty lending company that provides debt and equipment lease financing to growth stage companies backed by technology banks, venture capital and private equity firms, today announced that Egan-Jones Ratings Company, an independent, unaffiliated rating agency (Egan-Jones), has assigned an investment grade credit rating of BBB- with a stable outlook to the Company.

Key Points: 
  • Trinity Capital Inc. (Trinity or the Company), a leading specialty lending company that provides debt and equipment lease financing to growth stage companies backed by technology banks, venture capital and private equity firms, today announced that Egan-Jones Ratings Company, an independent, unaffiliated rating agency (Egan-Jones), has assigned an investment grade credit rating of BBB- with a stable outlook to the Company.
  • Egan-Jones also assigned an investment grade credit rating of BBB- to the Companys 7.00% Unsecured Notes due 2025.
  • A credit rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
  • We are very pleased with the Egan-Jones rating and are thankful for their confidence in Trinity, said Steve Brown, Chairman and CEO of Trinity.

New American Funding Receives International Torch Award for Ethics

Thursday, December 19, 2019 - 1:07pm

TUSTIN, Calif., Dec. 19, 2019 /PRNewswire/ -- New American Funding , a national leader in the mortgage industry, was presented with the 2019 International Torch Award for Ethics by the Better Business Bureau (BBB), serving the Pacific Southwest.

Key Points: 
  • TUSTIN, Calif., Dec. 19, 2019 /PRNewswire/ -- New American Funding , a national leader in the mortgage industry, was presented with the 2019 International Torch Award for Ethics by the Better Business Bureau (BBB), serving the Pacific Southwest.
  • "We are extremely honored that Matthew Fehling from BBB presented us with the International Torch Award for Ethics accolade," said Rick Arvielo, CEO of New American Funding.
  • This award is presented to companies who exemplify the following:
    New American Funding became qualified for entry in the Better Business Bureau International Torch Awards for Ethics by first winning the 2018 Torch Award for Ethics in the 500+ employee category from its local BBB serving California's San Diego, Orange and Imperial Counties.
  • For more information regarding New American Funding's International Torch Award for Ethics win, click here .

Drug Delivery Across Blood Brain Barrier Market Worth $4.6 Billion by 2026

Tuesday, December 17, 2019 - 1:30pm

Reports say that the global drug delivery across brain barrier market size is expected to reach USD 4.6 billion by 2026, according to a new report by Grand View Research, Inc. registering a CAGR of 30.2% over the forecast period.

Key Points: 
  • Reports say that the global drug delivery across brain barrier market size is expected to reach USD 4.6 billion by 2026, according to a new report by Grand View Research, Inc. registering a CAGR of 30.2% over the forecast period.
  • Growing research, innovation, and treatment development activities to overcome the challenges faced due to the natural blood brain barrier is majorly driving the market growth.
  • In 2018 that blood brain barrier (BBB) market size was estimated at USD $582.0 million in 2018.
  • Other novel technologies such as in-vitro BBB modeling/engineering is being used for producing a faster, reliable, and cost-effective drug delivery mechanism for overcoming the complexities of BBB.

Drug Delivery Across Blood Brain Barrier Market Worth $4.6 Billion by 2026

Tuesday, December 17, 2019 - 1:30pm

Reports say that the global drug delivery across brain barrier market size is expected to reach USD 4.6 billion by 2026, according to a new report by Grand View Research, Inc. registering a CAGR of 30.2% over the forecast period.

Key Points: 
  • Reports say that the global drug delivery across brain barrier market size is expected to reach USD 4.6 billion by 2026, according to a new report by Grand View Research, Inc. registering a CAGR of 30.2% over the forecast period.
  • Growing research, innovation, and treatment development activities to overcome the challenges faced due to the natural blood brain barrier is majorly driving the market growth.
  • In 2018 that blood brain barrier (BBB) market size was estimated at USD $582.0 million in 2018.
  • Other novel technologies such as in-vitro BBB modeling/engineering is being used for producing a faster, reliable, and cost-effective drug delivery mechanism for overcoming the complexities of BBB.

Phillips Proud to Win BBB's Coveted 2019 Torch Award for Ethics

Tuesday, December 3, 2019 - 8:00am

Phillips Home Improvements of Plano, TX was honored to be among the esteemed finalists and selected out of 30 other small businesses to win the 2019 Torch Award for Ethics.

Key Points: 
  • Phillips Home Improvements of Plano, TX was honored to be among the esteemed finalists and selected out of 30 other small businesses to win the 2019 Torch Award for Ethics.
  • Phillips congratulates all of the Torch Award finalists and winners were chosen and thanks to the Dallas Business Journal and BBB for recognizing Phillips' ethics in business.
  • Phillips is proud to be recognized for doing just that, providing peace of mind to homeowners by doing business ethically in DFW 22 years running.
  • Phillips most recently won the BBB of North Texas' 2019 Torch Award for Ethics in the small business category and will advance to the international level in the greater BBB Torch Awards for Ethics.

Best’s Special Report: U.S. Life/Annuity Insurers’ BBB Bond Exposures Continue to Grow

Monday, December 2, 2019 - 3:59pm

The Bests Special Report, U.S. Life/Annuity Insurers BBB Bond Exposures Continue to Grow, notes the U.S. property/casualty and health segments also have increased the holdings to approximately 16% from the 8-9% range during the same 2009-2018 timeframe.

Key Points: 
  • The Bests Special Report, U.S. Life/Annuity Insurers BBB Bond Exposures Continue to Grow, notes the U.S. property/casualty and health segments also have increased the holdings to approximately 16% from the 8-9% range during the same 2009-2018 timeframe.
  • However, life/annuity writers consistently have held the highest percentage of these Class 2 bonds, or bonds rated the equivalent of BBB+ to BBB-.
  • Allocations to the BBB+ and BBB- categories have increased by roughly similar percentages of the BBB drop, to 34.1% and 23.2%, respectively, in 2018.
  • Life/annuity insurers with higher BBB bond exposures are writing in very competitive lines of business, for which yield enhancement is important.

Better Business Bureau Honors New American Funding with International Torch Award for Ethics

Tuesday, November 12, 2019 - 1:09pm

TUSTIN, Calif., Nov. 12, 2019 /PRNewswire/ -- New American Funding , a national leader in the mortgage industry, is proud to announce they have received the prestigious 2019 Better Business Bureau (BBB) International Torch Award for Ethics.

Key Points: 
  • TUSTIN, Calif., Nov. 12, 2019 /PRNewswire/ -- New American Funding , a national leader in the mortgage industry, is proud to announce they have received the prestigious 2019 Better Business Bureau (BBB) International Torch Award for Ethics.
  • New American Funding became eligible for entry in the Better Business Bureau International Torch Awards for Ethics by first winning the 2018 BBB Torch Award for Ethics.
  • "We're extremely honored the Better Business Bureau has recognized us with the International Torch Awards for Ethics," said Rick Arvielo, CEO of New American Funding.
  • The Better Business Bureau Torch Awards are awarded locally by more than 80 BBBs across the U.S. and Canada and on the international stage by the International Association of Better Business Bureaus and the BBB Institute for Marketplace Trust.

BBB National Programs Appoints Eric D. Reicin President & CEO Following Council Of Better Business Bureaus' Restructure

Wednesday, November 6, 2019 - 6:40pm

ARLINGTON, Va., Nov. 6, 2019 /PRNewswire/ --BBB National Programs, Inc. (BBB NP) today announced the appointment of Eric D. Reicin as President and Chief Executive Officer, effective November 4, 2019.

Key Points: 
  • ARLINGTON, Va., Nov. 6, 2019 /PRNewswire/ --BBB National Programs, Inc. (BBB NP) today announced the appointment of Eric D. Reicin as President and Chief Executive Officer, effective November 4, 2019.
  • In June 2019, the Council of Better Business Bureaus (CBBB) restructured into two separate non-profit organizations BBB National Programs, Inc., and the International Association of Better Business Bureaus (IABBB) operating separately, each with its own independent board of directors and staff.
  • These programs were formerly administered by the Council of Better Business Bureaus, Inc. To learn more about industry self-regulation, please visit: BBBNP.org .
  • The Advertising Self-Regulatory Council (ASRC), administrator of national self-regulatory programs, merged into BBB NP which assumed all ASRC responsibilities, including setting policies and procedures for the programs.