CAL

AM Best Revises Outlooks to Positive for American Inter-Fidelity Exchange

Retrieved on: 
Wednesday, March 6, 2024

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of American Inter-Fidelity Exchange (AIFE) (Merrillville, IN).

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of American Inter-Fidelity Exchange (AIFE) (Merrillville, IN).
  • The outlooks revised to positive reflect AIFE’s strong organic surplus growth that has taken place over the previous five-year period, further enhancing its very strong balance sheet strength assessment.
  • The shift has led to consistent levels of favorable reserve development over the most recent five-year period as CAL exposures run off.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Sam Edelman Collaborates with SCAD on Exclusive Capsule Collection for Nordstrom

Retrieved on: 
Tuesday, March 5, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240305000484/en/
    Sam Edelman Collaborates with SCAD on Exclusive Capsule Collection for Nordstrom (Photo: Business Wire)
    In celebration of Nordstrom’s “Make Room for Shoes” campaign and rich shoe history, dating back to 1901, the Sam Edelman x SCAD capsule collection delivers innovative and exclusive products centered around the emerging trends for the season.
  • “Mentoring the next generation of talent is a cornerstone of Sam Edelman's commitment to the future of design,” remarked Jesse Edelman, general manager and senior vice president of the Sam Edelman division.
  • Sam and Libby spent time at SCAD, working with the students to create this collection of sneakers through an unrestrained, imaginative approach to women’s and kids’ sneaker design.
  • “Working with Sam Edelman and Libby on this project was nothing short of amazing,” remarked Michael Mack, SCAD professor of sneaker and accessory design who led the course.

Caleres to Announce Fourth Quarter 2023 Results on March 19

Retrieved on: 
Thursday, February 29, 2024

Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it plans to release its fourth quarter 2023 financial results before the market opens on Tuesday, March 19.

Key Points: 
  • Caleres (NYSE: CAL), a market-leading portfolio of consumer-driven footwear brands, today announced it plans to release its fourth quarter 2023 financial results before the market opens on Tuesday, March 19.
  • Company executives will host a conference call at 10:00 a.m. Eastern time that day to discuss the quarterly results and provide a general business update.
  • The dial-in number for North America is (877) 704-4453 or (201) 389-0920 for international participants, no passcode necessary.
  • Caleres Associates, news media and the public are invited to listen to the call, which will also be accessible via the “Investors” section of the Caleres website at https://investor.caleres.com/events-and-presentations .

Blue Forest Launches New Forest Resilience Bond (FRB) to Address Catastrophic Wildfire Threat in the Upper Mokelumne River Watershed

Retrieved on: 
Thursday, February 15, 2024

SACRAMENTO, Calif., Feb. 15, 2024 /PRNewswire/ -- Blue Forest, a conservation finance non-profit focused on forest restoration, is proud to announce the launch of the Upper Mokelumne I Forest Resilience Bond (Upper Mokelumne I FRB) in collaboration with the Upper Mokelumne River Watershed Authority (UMRWA) and the Eldorado National Forest.

Key Points: 
  • SACRAMENTO, Calif., Feb. 15, 2024 /PRNewswire/ -- Blue Forest, a conservation finance non-profit focused on forest restoration, is proud to announce the launch of the Upper Mokelumne I Forest Resilience Bond (Upper Mokelumne I FRB) in collaboration with the Upper Mokelumne River Watershed Authority (UMRWA) and the Eldorado National Forest.
  • The Upper Mokelumne I FRB aims to mitigate the growing threat of catastrophic wildfires in the Upper Mokelumne River watershed through strategic forest restoration and conservation finance.
  • "This partnership with Blue Forest and the launch of the Forest Resilience Bond reflect our commitment to finding innovative solutions to address the growing threat of catastrophic wildfires," said Richard Sykes, Executive Director of the Upper Mokelumne River Watershed Authority.
  • "The Eldorado National Forest is proud to partner with Blue Forest and the Upper Mokelumne River Watershed Authority on this critical initiative," said Joe Stout, Forest Supervisor of Eldorado National Forest.

Sam Edelman Announces New Licensing Partnerships to Expand Lifestyle Categories

Retrieved on: 
Monday, February 12, 2024

Sam Edelman, the contemporary lifestyle brand behind some of the world’s most iconic footwear and a lead brand in the Caleres (NYSE: CAL) portfolio, is excited to announce its partnership with four new licensees to expand all three of its brands - Sam Edelman, Circus NY by Sam Edelman and Sam & Libby – into new lifestyle categories.

Key Points: 
  • Sam Edelman, the contemporary lifestyle brand behind some of the world’s most iconic footwear and a lead brand in the Caleres (NYSE: CAL) portfolio, is excited to announce its partnership with four new licensees to expand all three of its brands - Sam Edelman, Circus NY by Sam Edelman and Sam & Libby – into new lifestyle categories.
  • New licensing partners include HB Connections (handbags), Esquire Brands (kids’ shoes), Gina Group (hosiery), and My Step Global (slippers).
  • View the full release here: https://www.businesswire.com/news/home/20240212336208/en/
    Sam Edelman Announces New Licensing Partnerships to Expand Lifestyle Categories (Photo: Business Wire)
    “The addition of four new licensees is another growth milestone for Sam Edelman,” said Jesse Edelman, senior vice president and general manager of Sam Edelman.
  • These collaborative partnerships mark a pivotal moment, as all three Sam Edelman brands continue to expand into new lifestyle offerings, ready to meet the varied fashion needs of their global audience.

Global Footwear Executive, Andrew Leckie, Joins Famous Footwear as SVP and GMM of Athletic, Kids

Retrieved on: 
Monday, February 12, 2024

Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Andrew Leckie has joined Famous Footwear as senior vice president and general merchandise manager.

Key Points: 
  • Caleres (NYSE:CAL), a market-leading portfolio of consumer-driven footwear brands, today announced Andrew Leckie has joined Famous Footwear as senior vice president and general merchandise manager.
  • In this role, he will oversee buying and merchandising for the adult athletic, kids and Canadian businesses.
  • “Andrew is accomplished in developing and executing strategies, nurturing his extensive vendor relationships, elevating product assortment and leading a team,” said Mike Edwards, president of Famous Footwear.
  • “I’ve always admired Caleres, and the great work being done at Famous Footwear,” said Leckie.

ThreatConnect Celebrates Business Growth and Product Innovation in 2023

Retrieved on: 
Monday, February 12, 2024

ARLINGTON, Va., Feb. 12, 2024 /PRNewswire-PRWeb/ -- New and Expanded Customer Relationships, Market Leading Product Releases, and Industry Recognition Drive Momentum for 2024.

Key Points: 
  • We delivered on ambitious product innovation plans, brought on new enterprise customers, and expanded relationships with others.
  • "We delivered on ambitious product innovation plans, brought on numerous new enterprise customers, and expanded relationships with many others.
  • ThreatConnect showed substantial new customer growth in both its threat intelligence operations and cyber risk quantification businesses A particular highlight was the growth in the cyber risk quantification (CRQ) market, where the business doubled.
  • Coming off the momentum of 2023, ThreatConnect is once again poised for growth in 2024 by continuing to provide enterprise customers with leading threat intelligence and risk quantification solutions.

Fort Worth Diagnostics (FWDX) Announces Primer Sets for Bacterial and Fungal Digital Pcr and Real-time Pcr Assays

Retrieved on: 
Thursday, February 8, 2024

FORT WORTH, Texas, Feb. 8, 2024 /PRNewswire/ -- Fort Worth Diagnostics (FWDX) announces primer sets for bacterial and fungal digital PCR and real-time PCR assays.

Key Points: 
  • FORT WORTH, Texas, Feb. 8, 2024 /PRNewswire/ -- Fort Worth Diagnostics (FWDX) announces primer sets for bacterial and fungal digital PCR and real-time PCR assays.
  • FWDX utilizes digital PCR to establish the assays and ensure reproducibility, while manufacturing the highest quality materials for real-time and digital PCR.
  • "We are proud to bring the first commercial molecular analyte specific reagents (ASR) for these bacterial and fungal targets" said Jerry Boonyaratanakornkit, Head of Research and Development, Fort Worth Diagnostics.
  • Contact Fort Worth Diagnostics for further information or visit the Fort Worth Diagnostics website.

Lexbe Unveils Revolutionary CoPilot: A Groundbreaking AI Integration with GenAI Models, Like ChatGPT, Delivering Intelligent eDiscovery Automation

Retrieved on: 
Monday, January 22, 2024

Lexbe Inc. , a leading eDiscovery provider, is thrilled to announce the launch of Lexbe CoPilot, a pioneering integration between the Lexbe eDiscovery Platform and generative AI large language models like ChatGPTSM and ClaudeSM.

Key Points: 
  • Lexbe Inc. , a leading eDiscovery provider, is thrilled to announce the launch of Lexbe CoPilot, a pioneering integration between the Lexbe eDiscovery Platform and generative AI large language models like ChatGPTSM and ClaudeSM.
  • This innovative solution is set to redefine how lawyers and other legal professionals navigate the complexities of eDiscovery.
  • "The ability of Lexbe CoPilot to process and analyze large volumes of data with nuanced understanding is revolutionary.
  • In addition to automating document review, Lexbe CoPilot automates many eDiscovery tasks, including:

AM Best Reaffirms the A Rating for Prime Insurance Company

Retrieved on: 
Wednesday, January 17, 2024

Prime Insurance Company is pleased to announce that AM Best has reaffirmed our A "Excellent" rating with a stable outlook.

Key Points: 
  • Prime Insurance Company is pleased to announce that AM Best has reaffirmed our A "Excellent" rating with a stable outlook.
  • “Specifically, FSR = A Stable,” ICR = “a Positive,” and BCAR “Strongest.”
    AM Best, one of the most recognized rating systems in the insurance industry, has recognized our efforts by upholding our A “Excellent” rating.
  • "We've worked diligently to earn and maintain the A rating from AM Best, and we believe it reflects our strong financial position and dedication to excellence," said Rick J. Lindsey, President, Chairman, and CEO of Prime Insurance Company.
  • Founded in 1899, AM Best Company is a full-service credit rating organization serving the insurance industry.