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AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of WT Holdings, Inc. and Subsidiary

Retrieved on:

Thursday, March 7, 2024

Professional Services, Insurance, Finance, ALL, FSR, Risk management, News, AM Best, Good, Credit, SIC, Pressure

Concurrently, AM Best has removed from under review with negative implications and affirmed the Long-Term ICR of “bbb-” (Good) of WT Holdings, Inc. (Memphis, TN).

Key Points:

Concurrently, AM Best has removed from under review with negative implications and affirmed the Long-Term ICR of “bbb-” (Good) of WT Holdings, Inc. (Memphis, TN).
The outlook assigned to these Credit Ratings (ratings) is negative.
The ratings reflect Stillwater’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

SJW Group Announces 2023 Financial Results

Retrieved on:

Thursday, February 22, 2024

Utilities, Energy, Water supply, PUCT, WCMA, Weather, GRC, Interest, Growth, Sale, Ombudsman, Cost of capital, Webcast, PFAS, Tax, Workforce, File, MWC, PURA, Groundwater, CWC, Security (finance), EPS, SIC, Newsweek, Water, Depreciation, WCCM, Index, Public expenditure, CPUC, COC, SJW Group, Insurance, Acquisition, SJW, TWC, Social, Public utilities commission, Elmridge, Drinking water, Saco River

SJW Group (NYSE: SJW) today reported financial results for 2023.

Key Points:

SJW Group (NYSE: SJW) today reported financial results for 2023.
“With a strong fourth quarter, our 2023 financial results and operating performance exceeded expectations and the initial earnings per share guidance we set for SJW Group at this time last year,” stated SJW Group Chair, CEO, and President, Eric W. Thornburg.
In 2023 SJW Group invested $272 million in infrastructure and water supply, which exceeded our 2023 capital expenditures guidance of $255 million.
When considering the company's 2024 guidance relative to actual results in 2023, it is important to note that the company's adjustment to income tax reserves in 2023 resulted in an increase of $0.14 per diluted share.

Verisk LightSpeed® Small Commercial Accelerator Added to Guidewire Marketplace

Retrieved on:

Wednesday, November 29, 2023

NAICS, Guy-wire, SIC, Small business, VRSK, Commercial, Automation, Insurance

JERSEY CITY, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the integration of its LightSpeed® Small Commercial solution onto Guidewire Marketplace .

Key Points:

JERSEY CITY, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Verisk, (Nasdaq: VRSK), a leading global data analytics and technology provider, has announced the integration of its LightSpeed® Small Commercial solution onto Guidewire Marketplace .
This integration can help small business insurers automate underwriting workflows and bind new business in seconds.
“Insurers face the challenge of delivering quotes at a rapid pace while meeting business growth and profitability targets,” said Elizabeth Casas, vice president of commercial lines underwriting at Verisk.
“Leveraging the LightSpeed Small Commercial accelerator will allow us to quote new business faster, resulting in a quicker, easier buying experience for our customers,” said Tim LeClair, vice president of commercial lines at Frankenmuth Insurance.

AM Best Downgrades Credit Ratings of P/C Subsidiaries of United Heritage Financial Group, Inc.; Withdraws Credit Ratings of United Heritage Property & Casualty Company

Retrieved on:

Thursday, December 7, 2023

Professional Services, Insurance, Finance, ID, Risk management, Marginal, Credit, SIC, UHPC, Fair, AM Best, Good, Sublime (philosophy), News, FSR, ALL, Meridian

The outlooks of these Credit Ratings (ratings) have been revised to negative from stable.

Key Points:

The outlooks of these Credit Ratings (ratings) have been revised to negative from stable.
These companies are operating subsidiaries of United Heritage Financial Group, Inc. (UHFG).
Lastly, AM Best has withdrawn the ratings of UHPC as UHFG has requested to no longer participate in AM Best’s interactive rating process.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

SURGLASSES Raising $6.5 Million in Pre-A Funding to Accelerate Development and Expansion of AR Augmented Reality Surgical Navigation System - Caduceus S

Retrieved on:

Thursday, November 9, 2023

Peter Hancock (professor), Patent, SIC, Research, Surgeon, Radiation, Caduceus, Safety, HMD, AR, Patient, Communication, Dentistry

The funds raised will primarily be directed towards accelerating the research, development, and promotion of SURGLASSES's innovative product - the Caduceus S AR navigation system.

Key Points:

The funds raised will primarily be directed towards accelerating the research, development, and promotion of SURGLASSES's innovative product - the Caduceus S AR navigation system.
Caduceus S is an FDA510(k) Clearance AR medical technology specially designed for complex spinal surgeries.
The seamless integration of the Caduceus S system not only improves surgical accuracy but also enhances ergonomics and efficiency within the operating room.
Miron Wang, the CEO of SURGLASSES remarked, "Our AR spinal surgery navigation system is currently the most advanced AR system globally.

SJW Group Announces 2023 Third Quarter Financial Results and Declares Dividend

Retrieved on:

Monday, October 30, 2023

SJW Group (NYSE: SJW) today reported financial results for the third quarter ended September 30, 2023.

Key Points:

SJW Group (NYSE: SJW) today reported financial results for the third quarter ended September 30, 2023.
The impressive work of our team at SJW Group this year has allowed us to increase our 2023 earnings guidance.
Operating revenue for the quarter ended September 30, 2023, was $204.8 million, up 16% compared to $176.0 million for the same quarter last year.
Operating expenses for the quarter ended September 30, 2023, were $148.2 million, up 7% compared to $138.4 million for the same quarter last year.

Bitcoin Minetrix ICO Raises $540,000 in Presale, Best Crypto to Buy Today Say These 9 Influencers

Retrieved on:

Thursday, October 5, 2023

Crypto, Ethereum, Mining, Pressure, Health, COIN, Economics, Risk, Stake, Heart, SOON, SIC, Electricity, Failure, Hydroelectricity, Miner, Plague, BEST, MOST, BTC, Cryptocurrency, Bitcoin

There are six ways to enter and all the entry details of the Gleam-hosted giveaway are available on the Bitcoin Minetrix website .

Key Points:

There are six ways to enter and all the entry details of the Gleam-hosted giveaway are available on the Bitcoin Minetrix website .
"There's a mining war going on and Bitcoin Minetrix helps to decentralize hash power… this could be great," says the channel host.
Can This Disrupt Bitcoin MINING
In effect, Bitcoin Minetrix has come up with a way to redistribute mining profits from corporate entities to retail investors.
Its latest video highlights the 3 best crypto presales with the most profit potential, one of which is Bitcoin Minetrix: 3 BEST CRYPTO PRESALES WITH THE MOST PROFIT POTENTIAL!

Bitcoin Minetrix ICO Raises $540,000 in Presale, Best Crypto to Buy Today Say These 9 Influencers

Retrieved on:

Thursday, October 5, 2023

Crypto, Ethereum, Mining, Pressure, Health, COIN, Economics, Risk, Stake, Heart, SOON, SIC, Electricity, Failure, Hydroelectricity, Miner, Plague, BEST, MOST, BTC, Cryptocurrency, Bitcoin

There are six ways to enter and all the entry details of the Gleam-hosted giveaway are available on the Bitcoin Minetrix website .

Key Points:

There are six ways to enter and all the entry details of the Gleam-hosted giveaway are available on the Bitcoin Minetrix website .
"There's a mining war going on and Bitcoin Minetrix helps to decentralize hash power… this could be great," says the channel host.
Can This Disrupt Bitcoin MINING
In effect, Bitcoin Minetrix has come up with a way to redistribute mining profits from corporate entities to retail investors.
Its latest video highlights the 3 best crypto presales with the most profit potential, one of which is Bitcoin Minetrix: 3 BEST CRYPTO PRESALES WITH THE MOST PROFIT POTENTIAL!

Get Ahead in the Transportation Equipment Industry with Detailed Company Profiles

Retrieved on:

Wednesday, October 4, 2023

Database, English Standard Version, Marketing, Smartphone, Transport, Organization, Engineering, License, CRM, SIC, Mac, Software, Retail, Online shopping

DUBLIN, Oct. 4, 2023 /PRNewswire/ -- The "Transportation Equipment Industry Database" database has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, Oct. 4, 2023 /PRNewswire/ -- The "Transportation Equipment Industry Database" database has been added to ResearchAndMarkets.com's offering.
The Transportation Equipment Industry Database offers comprehensive profiles of various companies in the transportation equipment industry, including manufacturers, wholesalers, distributors, transportation and logistics firms, engineering and construction companies, and other industrial suppliers and service providers falling under the SIC Code 37 category.
Here are some key features and details about the database:
Extensive Coverage: The database profiles 10,793 companies operating in the transportation equipment industry, making it a valuable resource for various purposes.
Overall, the Transportation Equipment Industry Database provides a comprehensive and valuable resource for businesses and professionals operating within or targeting the transportation equipment industry, offering detailed company profiles and executive contact information for various strategic purposes.

ISG Sourcing Industry Week Draws Record Attendance, Including Some of the Biggest Names in Business

Retrieved on:

Friday, September 15, 2023

Hosted by ISG, the largest sourcing advisor in the world, with more than $450 billion in advised transactions to its credit, Sourcing Industry Week featured two major conferences and a gala awards dinner celebrating industry leadership.

Key Points:

Hosted by ISG, the largest sourcing advisor in the world, with more than $450 billion in advised transactions to its credit, Sourcing Industry Week featured two major conferences and a gala awards dinner celebrating industry leadership.
More than 100 major companies were represented at the weeklong gathering at the Westin Dallas Stonebriar Golf Resort & Spa.
“This was our biggest and best Sourcing Industry Week ever,” said Todd Lavieri, vice chairman of ISG and president of ISG Americas and Asia Pacific.
During Sourcing Industry Week, clients and ISG advisors delivered keynote presentations and participated in panel discussions, breakout sessions and one-on-one meetings.