American Heritage

AM Best Takes Various Credit Rating Actions on The Allstate Corporation and Its Key Subsidiaries

Retrieved on: 
Wednesday, August 9, 2023

The companies add depth and diversification to the Allstate organization through the marketing of their various life and health products.

Key Points: 
  • The companies add depth and diversification to the Allstate organization through the marketing of their various life and health products.
  • A complete listing of The Allstate Corporation and its P/C and life/health subsidiaries’ FSRs, Long-Term ICRs and Long- and Short-Term IRs is available.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

BayFirst Financial Corp. Names Scott J. McKim Next Chief Financial Officer at BayFirst National Bank

Retrieved on: 
Tuesday, July 25, 2023

ST. PETERSBURG, Fla., July 25, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN), announced today the appointment of Scott J. McKim as Executive Vice President and Chief Financial Officer (CFO) of BayFirst Financial Corp. and its wholly owned subsidiary, St. Petersburg, Fla.-based BayFirst National Bank.

Key Points: 
  • ST. PETERSBURG, Fla., July 25, 2023 (GLOBE NEWSWIRE) -- BayFirst Financial Corp. (NASDAQ: BAFN), announced today the appointment of Scott J. McKim as Executive Vice President and Chief Financial Officer (CFO) of BayFirst Financial Corp. and its wholly owned subsidiary, St. Petersburg, Fla.-based BayFirst National Bank.
  • A 25-year industry veteran and Lithia, Fla. resident, Mr. McKim joins BayFirst from 121 Financial Credit Union in Jacksonville, Fla., where he served as chief strategy officer since June 2022.
  • With Mr. McKim’s appointment, Robin L. Oliver, who remained BayFirst’s Chief Financial Officer following her promotion to Chief Operating Officer (COO) in February 2022, will continue in the sole role of COO.
  • Mr. McKim holds a Master’s in Business Administration degree from The Ohio State University and a Bachelor’s in Accounting degree from Bowling Green University.

Insider Insights: July 2023 Statistical Cruise Trends Revealed by CruiseCompete

Retrieved on: 
Wednesday, July 12, 2023

DETROIT, July 12, 2023 /PRNewswire/ -- CruiseCompete has released its CruiseTrends™ report for the month of July 2023. This report details a picture of trends in consumer behavior for cruise ship travel for July 2023.

Key Points: 
  • CruiseCompete Releases July 2023 CruiseTrends™ Report, Wealth of Data Shows Consumer Cruise Trends
    After serving up close to 19 million cruise quotes, CruiseCompete CruiseTrends ™ offers an inside look at what consumers want in cruise vacations based on their requests.
  • CruiseCompete has mined its wealth of data to provide information on the most popular cruise trends among consumers, including most requested cruise ships, lines and travel dates for premium, luxury and river cruising.
  • Please click here to obtain the data: https://www.cruisecompete.com/cruise_trends.php
    The CruiseTrends™ report for July 2023 is detailed below.
  • To see more topics and data, please visit CruiseCompete's press room or July 2023 to see the entire report for this month.

American's Biggest Mississippi Season Yet Opens March 2023

Retrieved on: 
Wednesday, March 1, 2023

GUILFORD, Conn., March 1, 2023 /PRNewswire-PRWeb/ -- American Cruise Lines has just begun the biggest season ever on the Mississippi River. This year, the company is introducing brand new American Serenade, the 6th in the Line's acclaimed American Riverboat™ series; a new 8-Day Tennessee Rivers itinerary between Nashville and Chattanooga, TN; and a host of new shore excursions with many more active and adventurous options, including one-of-a-kind opportunities like VIP access to a taping of ANTIQUES ROADSHOW®. March through December 2023, American will operate 5 new riverboats and over 11 itineraries exploring the Mighty River and its tributaries from St. Paul, Minnesota, to New Orleans, Louisiana—delivering the most exceptional experiences available on the nation's most iconic waterway.

Key Points: 
  • American Cruise Lines has just begun the biggest season ever on the Mississippi River.
  • GUILFORD, Conn., March 1, 2023 /PRNewswire-PRWeb/ -- American Cruise Lines has just begun the biggest season ever on the Mississippi River.
  • On April 20th, brand new American Serenade will make its Mississippi debut sailing from New Orleans to Memphis along a special 8-Day Christening Cruise.
  • Beginning in June, American's guests will be able to explore more of the Mississippi, cruising famous tributaries including the Tennessee River.

FinMkt and American Heritage Credit Union Partner to Transform Dental Financing

Retrieved on: 
Wednesday, February 1, 2023

NEW YORK CITY, Feb. 1, 2023 /PRNewswire/ -- American Heritage Credit Union has partnered with award-winning fintech, FinMkt, in providing a customizable SaaS solution for healthcare digital financing and payments. As financial institutions are working to implement new technology to stay relevant as rapid digital transformations develop across the financial services industry, American Heritage has accelerated its strategy by harnessing FinMkt's powerful, purposely-built technology and established network of healthcare providers.

Key Points: 
  • American Heritage and FinMkt partner to provide customized SaaS solutions for healthcare digital financing and payments.
  • NEW YORK CITY, Feb. 1, 2023 /PRNewswire/ -- American Heritage Credit Union has partnered with award-winning fintech, FinMkt , in providing a customizable SaaS solution for healthcare digital financing and payments.
  • Initially launching in the dental industry, American Heritage and FinMkt are providing practices with streamlined point of sale financing solutions.
  • FinMkt CEO, Luan Cox, says, "We are thrilled to announce our partnership with American Heritage Credit Union.

Chinese Pipa Virtuoso Ye Jin Led Sino-US Chinese Musicians Association (SUCMA) to Hold the Legacy International Art Festival in Los Angeles, USA

Retrieved on: 
Tuesday, August 23, 2022

Ye Jin, a famous Chinese pipa virtuoso, presented the famous Chinese solo "Ambush From All Sides" to the music festival, and led the musicians of Sino-US Chinese Musicians Association to perform the famous section of Shaoxing Opera in this international art festival.

Key Points: 
  • Ye Jin, a famous Chinese pipa virtuoso, presented the famous Chinese solo "Ambush From All Sides" to the music festival, and led the musicians of Sino-US Chinese Musicians Association to perform the famous section of Shaoxing Opera in this international art festival.
  • Pipa Virtoso Ye Jin plays Chinese classical music "Ambush from Ten Sides" at Bonita Center for the Arts.
  • To view an enhanced version of this graphic, please visit:
    The SINO-US Chinese Musicians Association (SUCMA) was registered in 2016 in the United States.
  • It is the largest, most authoritative and professional association of Chinese musicians in the United States and North America.

AM Best Affirms Credit Ratings of The Allstate Corporation and Its Key Subsidiaries

Retrieved on: 
Thursday, August 11, 2022

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 the members of Allstate Insurance Group (Allstate).

Key Points: 
  • 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 the members of Allstate Insurance Group (Allstate).
  • AM Best also has affirmed the FSR of B+ (Good) and the Long-Term ICRs of bbb- (Good) of the members of Castle Key Group (Castle Key).
  • At the same time, AM Best has affirmed the Long-Term ICR of a (Excellent), and all existing Long-and Short Term Issue Credit Ratings, (Long-Term IR; Short-Term IR) of the ultimate parent, The Allstate Corporation (Allcorp).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Ellington Financial Inc. Completes $346 Million Non-QM Loan Securitization

Retrieved on: 
Wednesday, July 27, 2022

Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has closed a $346 million securitization backed by a pool of non-qualified residential mortgage (non-QM) loans.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has closed a $346 million securitization backed by a pool of non-qualified residential mortgage (non-QM) loans.
  • The securitization was rated by both Fitch and KBRA, with the senior tranche receiving AAA ratings.
  • Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer loans and asset-backed securities backed by consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies, and other strategic investments.
  • Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.

American Jewish Committee Proclaims May #JewishandProud Month

Retrieved on: 
Monday, May 2, 2022

NEW YORK, May 2, 2022 /PRNewswire/ -- In honor of Jewish American Heritage month in the United States, and Israeli Independence Day, Yom Ha'atzmaut, American Jewish Committee (AJC) has designated May as #JewishandProud Month.

Key Points: 
  • NEW YORK, May 2, 2022 /PRNewswire/ -- In honor of Jewish American Heritage month in the United States, and Israeli Independence Day, Yom Ha'atzmaut, American Jewish Committee (AJC) has designated May as #JewishandProud Month.
  • AJC, the leading global Jewish advocacy organization, first introduced #JewishandProud at the "No Hate, No Fear" Rally in New York City, in January 2020, where over 25,000 Jews and allies marched together against antisemitism.
  • The hashtag went viral on social media, with Jews, allies of all backgrounds, and civil society leaders, expressing their Jewish pride or showing support for the Jewish community.
  • Allies of the Jewish community are encouraged to participate by downloading a #JewishandProud Ally sign and posting a selfie with it on social media with the hashtag #JewishandProud.

Ellington Financial Inc. Completes $426 Million Non-QM Loan Securitization

Retrieved on: 
Wednesday, April 20, 2022

Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has closed a $426 million securitization backed by a pool of non-qualified residential mortgage (non-QM) loans.

Key Points: 
  • Ellington Financial Inc. (NYSE: EFC) (the "Company") announced today that it has closed a $426 million securitization backed by a pool of non-qualified residential mortgage (non-QM) loans.
  • The securitization was rated by both Fitch and KBRA, with the senior tranche receiving AAA ratings.
  • Ellington Financial invests in a diverse array of financial assets, including residential and commercial mortgage loans, residential and commercial mortgage-backed securities, consumer loans and asset-backed securities backed by consumer loans, collateralized loan obligations, non-mortgage and mortgage-related derivatives, equity investments in loan origination companies, and other strategic investments.
  • Ellington Financial is externally managed and advised by Ellington Financial Management LLC, an affiliate of Ellington Management Group, L.L.C.