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AM Best Affirms Credit Ratings of NiSource Insurance Corporation, Inc.

Retrieved on:

Thursday, March 28, 2024

Banking, Professional Services, Insurance, Finance, NiSource, Pressure, ERM, Risk management, Philosophy, ALL, News, NICI, Credit, AM Best, Orientation

For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .

Key Points:

For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of NiSource Insurance Corporation, Inc.

Retrieved on:

Thursday, March 30, 2023

Insurance, Professional Services, AM Best, ALL, Risk management, Credit, History, Orientation, Philosophy, NiSource, AM, NICI, News

For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .

Key Points:

For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Northern Illinois Community Initiatives to provide access to $1 million in small business loans to support women, minority entrepreneurs over the next four years

Retrieved on:

Wednesday, March 29, 2023

Small business, Partnership, Nicor Gas, Friends, First Women Bank, First Women, COVID-19, Woman, History, Investment, Community business, Bank, NICI, Family, Drug

NAPERVILLE, Ill., March 29, 2023 /PRNewswire/ -- Northern Illinois Community Initiatives (NICI), a foundation created by Nicor Gas, is announcing a new economic development program called Northern Illinois Community Ventures (NICV). It has been established to help small business startups and businesses owned by women and minority entrepreneurs access the capital and technical support they need to grow and thrive.

Key Points:

It has been established to help small business startups and businesses owned by women and minority entrepreneurs access the capital and technical support they need to grow and thrive.
A4CB will conduct outreach to business owners and encourage those who qualify to apply for a loan.
Northern Illinois Community Ventures builds upon NICI's mission to attract investment, mobilize partners, and connect vital resources to underserved communities in Nicor Gas' service areas.
"For many of them, a small business loan could mean the difference between going to the next level or going out of business."

Northern Illinois Community Initiatives Awards Impact Grants Totaling $300,000

Retrieved on:

Thursday, August 18, 2022

NAPERVILLE, Ill., Aug. 18, 2022 /PRNewswire/ -- Micro-transit solutions, a K–12 enrichment program and disadvantaged business owners will benefit from the latest round of grant funding from Northern Illinois Community Initiatives. NICI, the nonprofit founded by natural gas distributor Nicor Gas, announces three Impact Grant awards worth $100,000 each to nonprofit organizations serving Rockford, Harvey, south and west suburban Cook County and Will County. The grants, created to provide bridge funding for economic and workforce development, and community revitalization programs, builds upon NICI's mission to attract investment, mobilize partners, and connect vital resources to underserved communities in Nicor Gas' service areas.

Key Points:

Funding will support micro-transit strategy, educational enrichment and diverse entrepreneurs
NAPERVILLE, Ill., Aug. 18, 2022 /PRNewswire/ -- Micro-transit solutions, a K12 enrichment program and disadvantaged business owners will benefit from the latest round of grant funding from Northern Illinois Community Initiatives.
The data shows that poverty has steadily moved outside the city of Chicago into other parts of northern Illinois, but services and resources have not followed.
Northern Illinois Community Initiatives (NICI) builds a more vibrant and equitable region by investing in bold economic development initiatives that help communities thrive.For more information, visit www.nici-il.org .
Nicor Gas serves more than 2.2 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago.

AM Best Affirms Credit Ratings of NiSource Insurance Corporation, Inc.

Retrieved on:

Friday, March 25, 2022

Banking, Professional Services, Insurance, Finance, AM, NICI, Credit, Disability, Risk management, NiSource, ALL, Industry, AM Best, News, Insurance, Orientation

For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .

Key Points:

For current Bests Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Nicor Gas announces Northern Illinois Community Initiatives

Retrieved on:

Monday, October 18, 2021

NAPERVILLE, Ill., Oct. 18, 2021 /PRNewswire/ --Nicor Gas announces Northern Illinois Community Initiatives, a foundation created to spearhead bold economic development strategies and to stimulate investment in real estate development, workforce development and entrepreneurship in severely under-resourced communities it serves in Northern Illinois.

Key Points:

NAPERVILLE, Ill., Oct. 18, 2021 /PRNewswire/ --Nicor Gas announces Northern Illinois Community Initiatives, a foundation created to spearhead bold economic development strategies and to stimulate investment in real estate development, workforce development and entrepreneurship in severely under-resourced communities it serves in Northern Illinois.
NICI is launching with $20 million provided by an affiliate of Southern Company Gas, Nicor Gas' parent company.
Nicor Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO).
Nicor Gas serves more than 2.2 million customers in a service territory that encompasses most of the northern third of Illinois, excluding the city of Chicago.