Nationally recognized statistical rating organization

EPAM Wins 2023 Google Cloud Social Impact Partner of the Year Award in North America

Retrieved on: 
Wednesday, September 6, 2023
Cloud, Partnership, Ernst & Young Entrepreneur of the Year Award, Social impact, Head, Disability, Google Cloud Platform, Nationally recognized statistical rating organization, EPAM Systems, EPAM, Ministry of Social Policy of Ukraine, Organization, Ministry, Social policy, Non-governmental organization, Google Cloud, Corporation, AI, NYSE, Network equipment provider

NEWTOWN, Pa., Sept. 6, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has won the 2023 Google Cloud Social Impact Partner of the Year Award for North America. The Company was recognized among a diverse group of organizations for creating the best examples of customer and partner innovation and transformation—solving today's biggest challenges across key industries worldwide. The Social Impact award is given to those who went above and beyond in 2022, creating or promoting initiatives that made a positive and lasting impact on our world. 

Key Points: 
  • NEWTOWN, Pa., Sept. 6, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has won the 2023 Google Cloud Social Impact Partner of the Year Award for North America.
  • The Social Impact award is given to those who went above and beyond in 2022, creating or promoting initiatives that made a positive and lasting impact on our world.
  • "We're delighted to recognize EPAM as a 2023 Google Cloud Partner Award winner and look forward to a continued strong partnership in support of our mutual customers."
  • Credentialed and specialized in Google Cloud technology and industry pillars, EPAM provides best-in-breed Google Cloud solutions to its customers.

THE AMERICAN LEGAL FINANCE ASSOCIATION COMMENDS MINNESOTA SUPREME COURT DECISION ON CONSUMER LITIGATION FUNDING

Retrieved on: 
Thursday, August 24, 2023
ALFA, Minnesota Supreme Court, Pillsbury Winthrop Shaw Pittman, Partner, Appellate court, Nationally recognized statistical rating organization, California Consumers Legal Remedies Act, Court, Appeal

WASHINGTON, Aug. 24, 2023 /PRNewswire/ -- The Minnesota Supreme Court took a significant step to ensuring equal access to justice with their decision in Maslowski vs. Prospect Funding Partners LLC. yesterday, overturning the trial court and Court of Appeals holding and ruling unanimously that Consumer Litigation Funding is not subject to usury law as there is no absolute requirement to repay. In their decision, reversing the trial court and Court of Appeals, the Minnesota Supreme Court ruled that the repurchase rate in Prospect's agreement was not subject to Minnesota's usury statute. The American Legal Finance Association (ALFA) filed the only amicus curiae brief in this case on behalf of the interest of their members.

Key Points: 
  • Decision (A21-1338)
    WASHINGTON, Aug. 24, 2023 /PRNewswire/ -- The Minnesota Supreme Court took a significant step to ensuring equal access to justice with their decision in Maslowski vs.
  • In their decision, reversing the trial court and Court of Appeals, the Minnesota Supreme Court ruled that the repurchase rate in Prospect's agreement was not subject to Minnesota's usury statute.
  • The American Legal Finance Association (ALFA) filed the only amicus curiae brief in this case on behalf of the interest of their members.
  • Brian Montgomery, David Oliwenstein, and Eugenie Dubin of Pillsbury Winthrop Shaw Pittman LLP represented the American Legal Finance Association in their amicus curiae brief.

eHealth Exchange and C3HIE Announce QHIN Intentions

Retrieved on: 
Monday, August 14, 2023
Office of the National Coordinator for Health Information Technology, Exchange, Doctor of Philosophy, Common, Organization, EHealth, Every Man His Own Broker, Nationally recognized statistical rating organization, Health, RCE, Nursing

C3HIE’s joins the 11 health data networks operating in 15 states which have announced intentions to be among the first participants in eHealth Exchange’s anticipated QHIN, once eHealth Exchange completes onboarding and is selected by the Recognized Coordinating Entity (RCE) to serve as a QHIN.

Key Points: 
  • C3HIE’s joins the 11 health data networks operating in 15 states which have announced intentions to be among the first participants in eHealth Exchange’s anticipated QHIN, once eHealth Exchange completes onboarding and is selected by the Recognized Coordinating Entity (RCE) to serve as a QHIN.
  • “eHealth Exchange and C3HIE networks have collaborated for many years,” said Phil Beckett, PhD and CEO of C3HIE.
  • eHealth Exchange supports exchange across more than 30 different electronic medical record technologies.
  • “We are thrilled C3HIE intends to partner with eHealth Exchange and be among the first to participate in TEFCA through our anticipated QHIN,” said Jay Nakashima, executive director of eHealth Exchange.

Batteries Plus Awards Franchisees for Excellence in Customer Service, Brand Ambassadorship

Retrieved on: 
Tuesday, July 18, 2023
Linda, Cloud, Partnership, Dedication, Rising Star, Batteries Plus, Rich, Medallia, Trust, Customer service, Nationally recognized statistical rating organization, Gerald Loeb Special Award winners, Excel Services, System, Family, Mobile phone, Film industry

HARTLAND, Wis., July 18, 2023 /PRNewswire/ -- Batteries Plus, the world's leading specialty battery franchise, announced this year's company award winners at its annual Sales Achievement Event last month. 15 franchisees in the system were awarded for distinguished efforts for Customer Service and Brand Ambassadorship.

Key Points: 
  • 15 franchisees in the system were awarded for distinguished efforts for Customer Service and Brand Ambassadorship.
  • Nine franchisees were recognized for their dedication to growing the business and representing the brand by helping develop future franchisees and guiding them toward success.
  • Batteries Plus notes that each of the winners help the company vet potential franchisees while simultaneously running their own successful franchises and ensuring that other franchisees are supported in their entrepreneurial journeys.
  • To learn more about Batteries Plus, including information on the franchise opportunity or to tour a store virtually, visit batteriesplusfranchise.com .

Kroll Bond Rating Agency Affirms Pacific Premier Bank and Pacific Premier Bancorp, Inc. Credit Ratings of A- and BBB+

Retrieved on: 
Monday, June 5, 2023
Small Business, Banking, Professional Services, Finance, BBB, PPBI, KBRA, Risk management, History, Jules Kroll, Kroll, Nationally recognized statistical rating organization, Pacific Premier Bancorp, Security (finance), Insurance, K2

Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the “Company” or “Pacific Premier”) announced today that Kroll Bond Rating Agency, LLC (“KBRA”), a Nationally Recognized Statistical Rating Organization registered with the U.S. Securities and Exchange Commission, recently affirmed the Company’s senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2.

Key Points: 
  • Pacific Premier Bancorp, Inc. (NASDAQ: PPBI) (the “Company” or “Pacific Premier”) announced today that Kroll Bond Rating Agency, LLC (“KBRA”), a Nationally Recognized Statistical Rating Organization registered with the U.S. Securities and Exchange Commission, recently affirmed the Company’s senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2.
  • KBRA also affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for Pacific Premier Bank, the Company’s wholly-owned bank subsidiary.
  • According to KBRA, the outlook for all long-term ratings is stable supported by the Company’s long-term credit performance.
  • Each rating organization has its own methodology for assigning ratings and, accordingly, each rating should be evaluated independently of any other rating.

Best’s Special Report: Best’s Impairment Rate and Rating Transition Study — 1977 to 2022

Retrieved on: 
Friday, May 12, 2023
Insurance, Professional Services, Zeta, Net, NRSRO, Nationally recognized statistical rating organization, AM Best, ICR, ALL, Delta, Risk, FSR, AM, Data, Credit, News, Impairment rating, ICRS

The Best’s Special Report, titled, “Best’s Impairment Rate and Rating Transition Study — 1977 to 2022,” marks AM Best’s 20th study and is aimed at estimating the risk of impairment of U.S. insurers.

Key Points: 
  • The Best’s Special Report, titled, “Best’s Impairment Rate and Rating Transition Study — 1977 to 2022,” marks AM Best’s 20th study and is aimed at estimating the risk of impairment of U.S. insurers.
  • The analysis covers 45 one-year periods from Dec. 31, 1977, to Dec. 31, 2022, and includes U.S. insurers that had at least one Financial Strength Rating (FSR) or one corresponding Long-Term Issuer Credit Rating (ICR) during the study period.
  • One company, domiciled in Florida, became impaired due to hurricane-related losses and high claims litigation and suspected roof replacement fraud.
  • Categories of impairment discussed in the report include:
    Gross impairments, which encompass the broadest definition of impairment and include companies that AM Best has ceased rating by the time of impairment.

Kroll Bond Rating Agency Affirms Banc of California Investment Grade Rating and Stable Outlook

Retrieved on: 
Wednesday, March 29, 2023
Professional Services, Small Business, Fintech, Asset Management, Banking, Accounting, Banq, Banc of California, KBRA, AFS, BANC, BBB, Jules Kroll, Nationally recognized statistical rating organization, NYSE, Security (finance), K2, K3

Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A.

Key Points: 
  • Banc of California, Inc. (NYSE: BANC) (the “Company”), the holding company for Banc of California, N.A.
  • (the “Bank”), today announced that the Kroll Bond Rating Agency (KBRA), a Nationally Recognized Statistical Rating Organization registered with the U.S. Securities and Exchange Commission, has affirmed the Company and Bank’s credit ratings and stable outlook.
  • Additionally, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for the Company.
  • Each rating organization has its own methodology for assigning ratings and, accordingly, each rating should be evaluated independently of any other rating.

SUBARU OF AMERICA RANKED #1 IN CUSTOMER SATISFACTION BY J.D. POWER

Retrieved on: 
Wednesday, March 15, 2023
CSI, Subaru of America, Subaru, Love, Maintenance, Nationally recognized statistical rating organization, Customer, Car dealership

CAMDEN, N.J., March 15, 2023 /PRNewswire/ -- Subaru of America, Inc. today announced it has earned the #1 ranking for customer satisfaction with dealership service among Mass Market Car Owners in the J.D. Power 2023 U.S. Customer Service Index (CSI) Study.

Key Points: 
  • Automaker Recognized for Customer Satisfaction with Dealership Service among Mass Market Car Owners in 2023 U.S.
  • Customer Service Index (CSI) Study
    CAMDEN, N.J., March 15, 2023 /PRNewswire/ -- Subaru of America, Inc. today announced it has earned the #1 ranking for customer satisfaction with dealership service among Mass Market Car Owners in the J.D.
  • "Subaru retailers build lifelong relationships with their customers, and from purchase throughout their ownership, strive to give exceptional support that exceeds expectations.
  • Power 2023 U.S.CSI Study examines customer satisfaction at franchised dealer or aftermarket service facilities for maintenance or repair work among owners and lessees of one- to three-year-old vehicles.

RiverNorth Capital and Income Fund, Inc.* Announces Final Results of Rights Offering

Retrieved on: 
Tuesday, January 31, 2023
Professional Services, Finance, Prospectus, Investment, NYSE, Hedge fund, Risk, Sale, Alternative Credit Investments, Annual report, RSF, Offering, Nationally recognized statistical rating organization, Expiration, Security (finance), Cryptocurrency, ALPS, Fund

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its transferable rights offering (the “Offering”).

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the final results of its transferable rights offering (the “Offering”).
  • Gross proceeds received by the Fund, before any expenses of the Offering, are expected to total approximately $16.6 million.
  • RiverNorth Capital and Income Fund, Inc.
  • RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.

RiverNorth Capital and Income Fund, Inc.* Announces Preliminary Results of Rights Offering

Retrieved on: 
Monday, January 30, 2023
Professional Services, Finance, Prospectus, Rights, Expiration date, Investment, Cyprus Securities and Exchange Commission, Security (finance), NYSE, Closed-end fund, Risk, Sale, Alternative Credit Investments, Annual report, RSF, NAV, Offering, Nationally recognized statistical rating organization, Expiration, Music, Cryptocurrency, ALPS, Fund

RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on January 27, 2023 (the “Expiration Date”).

Key Points: 
  • RiverNorth Capital and Income Fund, Inc. (NYSE: RSF) (the “Fund”) today announced the preliminary results of its transferable rights offering (the “Offering”) that expired on January 27, 2023 (the “Expiration Date”).
  • In the Offering, the Fund received subscription requests for 1,625,445 shares of common stock from rights holders.
  • The Fund will announce the final results of the Rights Offering in a press release on or about January 31, 2023.
  • RiverNorth® is a registered trademark of RiverNorth Capital Management, LLC.