Recent Articles from Business Wire

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Royal Bank of Canada Insurance Company Ltd. (RBCICL) (Cayman Islands). The outlook of these Credit Ratings (ratings) is stable.

Nomagic, a leading Physical AI company for warehouse automation, today announced that its Shoebox Picker has won a 2026 IFOY Award in the Robot Warehouse System category, one of the intralogistics industry’s most respected honors.

ADI Predictstreet, the Official Prediction Market Partner of the FIFA World Cup 2026™, today announced a strategic branding and product partnership with Kalshi, the world's leading prediction market exchange. This collaboration will expand prediction markets globally, providing billions of fans with new ways to engage with the world's biggest sporting event.

Dr. Reddy’s Laboratories Limited (BSE: 500124, NSE: DRREDDY, NYSE: RDY, NSEIFSC: DRREDDY, along with its subsidiaries together referred to as “Dr. Reddy’s”) announced that its Annual Report in Form 20-F, containing its annual consolidated financial statements prepared under International Financial Reporting Standards (IFRS), as issued by International Accounting Standards Board (IASB), for the fiscal year ended March 31, 2026 was filed with the United States Securities and Exchange Commission on May 29, 2026.

Constellation (Nasdaq: CEG) has filed license renewal applications with the Nuclear Regulatory Commission (NRC) to extend the operations of Ginna Clean Energy Center and Nine Mile Point Unit 1 reactors in upstate New York to 2049. Constellation’s decision to invest in these plants to extend their safe and reliable operations into mid-century demonstrates that New York State’s renewal of its Zero Emissions Credit (ZEC) program is working as intended.

Culp, Inc. (NASDAQ: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2026 conference call on Thursday, July 2, 2026, at 9:00 a.m. ET. During this call, Culp will review the company’s financial and operating results for the fourth quarter and fiscal year ended May 3, 2026. A press release announcing these results will be issued after the close of market trading on Wednesday, July 1, 2026.

Hyperscience, a market leader in enterprise AI infrastructure software, focused on Intelligent Document Processing (IDP), today announced that it has been selected as the winner of the “IDP Platform of the Year” award in the 2026 AI Breakthrough Awards program. This marks the second consecutive year Hyperscience has taken home the top honor for Intelligent Document Processing, underscoring its sustained leadership in the rapidly evolving enterprise AI market.

Operation HOPE Founder, Chairman and CEO John Hope Bryant will be available for media interviews Saturday morning, June 27, ahead of his featured appearance at the Austin African American Book Festival, to discuss his timely and nationally recognized book, Capitalism for All: Inclusive Economics and the Future-Proofing of America.

Blacktree Management LLC (“Blacktree”), an independent asset manager focused on Small Business Administration (SBA) loan aggregation, securitization, and esoteric ABS strategies, today announced the launch of a new SBA and esoteric asset-backed finance platform. The platform will target investments across guaranteed and unguaranteed portions of SBA loans, whole loans, and other consumer and commercial esoteric ABS.

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (“Fortune” or the “Company”) (www.fortuneminerals.com), is pleased to announce that its joint venture with the Tłıchǫ Government has received conditional approval from the Government of Canada for up to $50 million to support construction of the NICO project access road (“NPAR”) in the Northwest Territories (“NWT”). Natural Resources Canada (“NRCan”)’s First and Last Mile Fund (“FLMF”) will reimburse 75% of the costs up to $50 million for construction of the 51-kilometre NPAR across Tłıchǫ private lands, connecting the NICO cobalt-gold-bismuth-copper mine to the NWT highway system near the community of Whatì. The NPAR will be used for mine construction and operations, including transportation of metal concentrates to a dedicated hydrometallurgical facility in Alberta (collectively, “the NICO Project”) for processing to value-added products needed for the energy transition, new technologies and defence. The $50 million award will help mitigate capital cost escalation for the vertically integrated development as the Company advances the NICO Project toward a construction decision.

AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb” (Good) and the Egypt National Scale Rating (NSR) of aaa.EG (Exceptional) of Misr Insurance Company (MIC) (Egypt). The outlook of these Credit Ratings (ratings) is stable. MIC is the largest non-life insurance subsidiary of Misr Insurance Holding Company (MIHC).

AM Best has affirmed the Financial Strength Rating of B- (Fair), the Long-Term Issuer Credit Rating of “bb-” (Fair) and the Egypt National Scale Rating (NSR) of aa+.EG (Superior) of Suez Canal Insurance (SCI) (Egypt). The outlook of these Credit Ratings (ratings) is stable.

On the heels of its fifth anniversary, Farm to Pet has launched its first Reg CF crowdfunding campaign on StartEngine.com. Since its founding in 2021, the bootstrapped pet treat company has grown from approximately $80,000 in first-year sales to more than $5 million in revenue in 2025, representing compound annual growth of more than 186%. The company became profitable in 2026 and plans to use the funds raised to expand production capacity and support further growth initiatives, including increased distribution, consumer reach, and investment in operations.

Edwards Lifesciences (NYSE: EW) today announced new data presented at New York Valves 2026, the annual conference organized by the Cardiovascular Research Foundation, which reinforce the company's leadership in advancing high-quality scientific evidence and innovating for patients. These new data – spanning aortic, mitral and tricuspid therapies – provide further understanding of the complexity of structural heart disease and the need for innovative treatment options.

Ramen has released Aura 15.0, the latest update for its best-in-class multi-agent AI assistant supporting both Unreal and Unity game development. This update follows just a week after the launch of v14.0, which included Unreal Engine 5.8 support, up to 2X speed and accuracy improvements and a groundbreaking custom-trained Python agent. Aura 15.0 enhances the product further with Sandbox Mode, Aura Skills to execute custom workflows and a first-of-its-kind unlimited usage. These latest offerings reflect a significant milestone in performance, featuring benchmark improvements and enhancements on top of new features and resources.

WaterTower Music is proud to announce the release of Supergirl (Original Motion Picture Soundtrack), featuring the original score composed by Claudia Sarne for DC Studios' Supergirl, in theaters now from Warner Bros. Pictures. The soundtrack is available now on all major digital streaming platforms, with the 2LP vinyl and CD versions available for pre-order.

Unseen Reality, the spatial computing company building mixed reality glasses for everyday use, unveiled URXR One, its first product, at Augmented World Expo (AWE) 2026.

Insurance enterprises increasingly seek advisory relationships that combine strategic planning with the execution of long-term transformation, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.

Mobix Labs, Inc. (Nasdaq: MOBX) today announced that it has terminated its equity line of credit offering and is filing a post-effective amendment to deregister approximately 900,000 shares previously registered for potential sale.

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of SES AI Corporation (NYSE: SES) between January 29, 2025 and March 4, 2026, both dates inclusive (the “Class Period”), of the important June 26, 2026 lead plaintiff deadline in the securities class action first filed by the Firm.

Windward Risk Managers today announced approved statewide rate decreases for certain policies issued by Edison Insurance Company and Florida Peninsula Insurance Company.

KBRA assigns a long-term rating of AAA to the County of Chesterfield, VA General Obligation Public Improvement Bonds, Series 2026 and assigns a long-term rating of AA+ to the Economic Development Authority of Chesterfield County, VA Revenue Bonds, Series 2026 and assigns a AA+ rating to outstanding appropriation debt. KBRA additionally affirms the long-term rating of AAA on outstanding General Obligation Bonds. All ratings with a Stable Outlook.

Clara Capital, a leading provider of working capital solutions for small and medium-sized businesses, today announced the successful completion and testing of Clara Connect, its fully automated marketplace platform designed to modernize how organizations connect business owners with access to capital.

PharmaEssentia USA Corporation, a subsidiary of PharmaEssentia Corporation (TWSE: 6446), a global biopharmaceutical innovator based in Taiwan leveraging deep expertise and proven scientific principles to deliver new biologics in hematology and oncology, today announced the U.S. Food and Drug Administration (FDA) approval and launch of the BESREMi Pen™ (ropeginterferon alfa-2b-njft) device for adult patients with polycythemia vera (PV). The device offers a more convenient self-administration option than the currently available pre-filled syringe. The BESREMi Pen™ is expected to become commercially available in the U.S. in the coming weeks.

Sinda Ltd. (the “Company” or “Sinda”), a silver exploration company with mineral projects in Mexico, will begin trading today on the New York Stock Exchange (the “NYSE”) under the ticker symbol “SIND”.

Sila Realty Trust, Inc. (NYSE: SILA) (“Sila” or “the Company”) today announced that, at a Special Meeting of Stockholders held earlier today, Sila stockholders voted to approve the acquisition of Sila by affiliates of Blue Owl Capital Inc. (NYSE: OWL) (“Blue Owl”).

Aquila Air Capital (“Aquila”), a leading lessor based in Ireland and backed by funds managed by global alternative asset manager Wafra Inc., announced today the closing of a $400 million refinancing and upsizing of its Warehouse Facility with ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds.

Semrush, an Adobe company and the leading brand visibility platform, today announced the release of the 2026 AI Visibility Index flagship study. Building on the original AI Visibility Index, launched in September 2025, the report represents a major expansion of Semrush’s AI search intelligence capabilities, scaling from an initial analysis of 2,500 prompts to 126 million U.S. AI search prompts analyzed from January through April 2026. The expanded dataset offers one of the most comprehensive views to date of how brands are mentioned, cited, and surfaced across major AI search platforms — and how AI-powered discovery is reshaping brand visibility across industries.

Natixis Investment Managers (Natixis IM) today announces the appointment of Léa Dunand-Chatellet as Chief Executive Officer of Mirova, its affiliate dedicated to sustainable investing. Léa Dunand-Chatellet’s appointment was approved today by Mirova’s Board of Directors. She will assume her role on July 1, 2026, succeeding Philippe Zaouati.

Morgan Stanley Wealth Management announced that it has expanded access to the Morgan Stanley Private Markets and Alternatives Fund ("PMAX") by registering it as PMAX - Balanced. This change removes the accredited investor requirement, lowers minimum investment amounts, and introduces daily subscriptions, making private market strategies accessible to a broader range of clients through a simplified, professionally managed investment vehicle.

Newegg (Newegg Commerce, Inc., NASDAQ: NEGG), a global leader in computer and technology products, this week unveiled a full conversational AI shopping experience available at newegg.com/ai, letting shoppers move from idea to cart in one place.

JSX, the award-winning air carrier dedicated to seamless and simplified air travel for all, today announces new non-stop flights between Santa Monica, CA (SMO) and Oakland, CA (OAK). Seats are now on sale for flights beginning September 14, 2026.

Deloitte, IBM, and Red Hat today announced a collaboration to help protect the software supply chain against increasingly automated cyber threats. Deloitte joins the initiative as an integration collaborator for Lightwell, bringing its broader secured software supply chain architecture and cyber risk services to the large-scale enterprise open source security model deployed by IBM and Red Hat.

Onebrief, the military workflow and collaboration platform for modern command, has served as the planning layer within the U.S. Army’s Next Generation Command and Control (NGC2) environment as the 4th Infantry Division scales the prototype from battalion to division.

Invisible Narratives today issued the following statement:

Shionogi & Co., Ltd. (Head Office: Osaka, Japan; Chief Executive Officer: Isao Teshirogi, PhD; hereinafter, “Shionogi”) today announced its continued partnership with the ALS/MND Natural History Consortium (Consortium) to collect real-world data in amyotrophic lateral sclerosis (ALS).

Star Therapeutics, a late clinical-stage biotechnology company focused on the discovery and development of life-changing therapies for diseases with significant unmet need, today announced an upcoming oral presentation of complete safety and efficacy data on all patients from its Phase 1/2 multidose study of VGA039 for von Willebrand disease (VWD), along with additional presentations on the program, at the 34th Congress of the International Society on Thrombosis and Haemostasis (ISTH 2026 Congress), being held July 11-15, 2026, in Paris, France.

Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today released the May 2026 ICE First Look at mortgage performance trends. The analysis found that while overall mortgage delinquencies increased modestly in May, the rise was largely driven by calendar-related factors rather than broad-based deterioration in mortgage performance.

Native, the personal care brand known for their clean, simple, and effective formulas, announces the launch of its Detoxifying Body Scrub Collection. Designed to bring a spa-like glow to your daily routine, the collection features gentle exfoliation paired with Native’s signature winning scents to reveal silky-smooth skin.

Omeros Corporation (Nasdaq: OMER) announced today an update on the review by the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) of the company’s marketing authorization application (MAA) for narsoplimab for the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy (TA-TMA).

Voya Financial, Inc. (NYSE: VOYA) today released new research1 examining the factors shaping retirement confidence among public employees, finding that while government workers report higher levels of retirement preparedness than their private-sector peers, opportunities remain to improve outcomes through greater engagement, education and access to guidance.

The Cheesecake Factory® is celebrating its favorite holiday – National Cheesecake Day – by offering all dine-in guests any slice of its more than 30 legendary flavors of cheesecake for half price on Thursday, July 30*. The Cheesecake Factory will also introduce its newest flavor on National Cheesecake Day: Brownie Crunch Choc-a-Lot Cheesecake – creamy milk and white chocolate marbled cheesecake on a rich, crunchie toffee brownie.

Wolters Kluwer, a global provider of professional information, software solutions, and services, today announced that its Enablon platform is recognized as a Leader in the recently published 2026 Green Quadrant for Process Safety Management (PSM) software report by independent research firm Verdantix.

PPG (NYSE: PPG) today announced the recipients of its 2025 Excellent Supplier Awards. The annual awards recognize suppliers whose performance has consistently exceeded requirements based on commercial value, quality, innovation, sustainability, responsiveness, service, delivery, documentation, quality, value add, and compliance. The Excellent Supplier Awards program applies to the company’s global supply base, which includes direct (raw materials), indirect, logistics and energy.

Epicrispr Biotechnologies, a clinical-stage company pioneering epigenetic therapies, today announced new interim data from its ongoing open-label Phase 1/2 first-in-human study of EPI-321 in facioscapulohumeral muscular dystrophy (FSHD), demonstrating the first reported clinical evidence that a therapy increased muscle volume in patients with FSHD, potentially providing a disease modifying benefit.

Following Paramount+’s recent announcement that UFC Freedom 250 reached a record-breaking 17 million total viewers on the platform across the U.S. and Latin America, UFC® today announced that viewership in additional countries, including Australia, China, India, South Korea, New Zealand, and the U.K., has doubled the reported audience and increased total global viewership to an estimated 34 million people1, making the landmark White House card one of the most-watched events in UFC history.

Luna Innovations Incorporated (OTCMKTS: LUNA) (“Luna” or the “Company”), a global leader in advanced fiber optic-based technology, today announced that it has signed a definitive agreement (the “Merger Agreement”) with Ascend Parent, LLC (“Parent”), a Delaware limited liability company affiliated with TJC, L.P. (“TJC”), pursuant to which TJC will acquire 100% of Luna (the “Transaction”).

Most Americans support government policies that would help make housing more affordable. Roughly four in five (79%) U.S. residents believe there should be tax breaks for first-time homebuyers, and 77% believe there should be policies that make homes more affordable. This is according to a new survey fielded to 4,000 U.S. residents in May 2026 by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket.

Dentalcorp, one of North America's largest dental support organizations, today announced Magdent as the winner of its inaugural Demo Day, with Oral Genome finishing a close second. The live dental technology competition was held on June 24 in Orlando, Florida. Magdent and Oral Genome will receive SAFE investments* of US$150,000 and US$50,000 respectively, with both earning a potential pilot opportunity across Dentalcorp’s network of more than 600 practices. A judging panel that included senior leaders from Dentalcorp, Henry Schein One, VideaHealth and Dental Innovation Alliance selected the winners.

Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI and data solutions, today announced that it is set to join the Russell 2000® and Russell 3000® Indexes at the conclusion of the June 2026 Russell Reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 22, 2026. Veritone’s inclusion will become effective after the U.S. market close on June 26, 2026.

GLM III, LP (“GLM III”) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers “GoldenTree”), announced the closing of a $726 million collateralized loan obligation (“CLO”) to be managed by GLM III. With the closing of this CLO, GoldenTree Loan Management US CLO 30 (“GLM US CLO 30”), GoldenTree has issued 39 CLOs totaling nearly $22 billion under its GLM CLO strategy. Since its inception in January 2017, the GLM strategy was intended to be compliant with applicable Risk Retention regulations. While a US Court of Appeals on February 9, 2018 held that the U.S. risk retention rules do not apply to collateral managers of open market CLOs, GLM CLOs have intended to comply with European Union and/or United Kingdom Risk Retention regulations.

Marqeta, Inc. (NASDAQ: MQ), the modern card issuing platform, today announced that it will host a conference call and webcast to discuss second quarter 2026 financial results on Tuesday, August 4, 2026 at 4:30 pm ET. Hosting the call will be Mike Milotich, Chief Executive Officer, and Patti Kangwankij, Chief Financial Officer. A press release with the second quarter 2026 financial results will be issued after the market closes that same day.

Fastweigh, a leading provider of software for bulk material operations, today unveiled a refreshed brand including a new logo, visual identity, and website. The rebrand marks a new era for the company as it continues a period of significant growth and product investment.

DraftKings Inc. (Nasdaq: DKNG) (“DraftKings” or the “Company”) today announced the launch of its proprietary prediction markets exchange, DKeX, with integration into the unified DraftKings: Sports & Casino app, further advancing the DraftKings Predictions experience. The launch positions the Company to innovate more rapidly through greater ownership over content depth, operating economics, and the end-to-end customer experience. DKeX marks the next phase in DraftKings’ prediction markets evolution, strengthening its ability to deliver differentiated sports experiences across the country alongside its leading sportsbook.

General Atlantic, a leading global investor, today announced that Novak Djokovic is joining the firm as Global Strategic Advisor.

Ermenegildo Zegna N.V. (NYSE:ZGN) (the “Company” and, together with its consolidated subsidiaries, the “Ermenegildo Zegna Group” or the “Group”) announced that all resolutions submitted to the annual general meeting held on June 26, 2026 were adopted, including, among others:

Venu Holding Corporation ("VENU" or the "Company") (NYSE AMERICAN: VENU), an owner, operator, and developer of premium live entertainment destinations, today announced that Founder, Chairman, and CEO J.W. Roth was featured in an in-depth interview with executive publisher and host Dirk Hobbs, CEO of Colorado Media Group, on The Business Digest Radio Show & Podcast; the radio and podcast outreach of the Southern Colorado Business Digest.

A pair of distinct sub-markets have evolved within the U.S. cyber insurance space, one dominated by surplus lines carriers writing primary and excess cyber-specific policies and the other focused on endorsements to commercial policies, according to a new AM Best report. The results between the two vary, with third-party claims growing more rapidly within the surplus lines side of the market.

Acadia Pharmaceuticals Inc. (Nasdaq: ACAD) today announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has adopted a positive opinion following a re-examination procedure, recommending the granting of a marketing authorization for DAYBU® (trofinetide) for the treatment of neurobehavioral symptoms of Rett syndrome in adults and pediatric patients aged five years and older. If granted marketing authorization by the European Commission, DAYBU® would be the first therapy approved for this indication in the European Union (EU).

Apogee Enterprises, Inc. (Nasdaq: APOG), a leading provider of architectural building products and services, as well as high-performance coated materials used in a variety of applications, today reported its results for the first quarter of fiscal 2027, ended May 30, 2026. The Company reported the following selected financial results:

Elroy Air, Inc., a leading U.S.-based technology developer of autonomous heavy-cargo drones for defense, rapid response and commercial logistics, and Columbus Circle Capital Corp II (Nasdaq: CMII), a special purpose acquisition company led by the management team of Inflection Point Asset Management (Inflection Point) and Cohen & Company, Inc. (NYSE American: COHN), which will be renamed Inflection Point Acquisition Corp VII (Nasdaq: IPXG), announced today that they have entered into a definitive business combination agreement (BCA) whereby Elroy Air will become a publicly traded company.

SureWerx®, a leading global provider of safety, tool & equipment products, announced today that it has acquired Genesi S.r.l. Terms were not disclosed.

WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced that it received a top honor at the 2026 InvestmentNews Awards, with WisdomTree named ETF Provider of the Year.

HTEC, the global technology and AI engineering firm headquartered in Silicon Valley, last week showcased how it used Lakebase data branching to enable faster development, safer operations, and new possibilities for data-driven organizations operating in highly regulated environments. The Solution was developed in collaboration with a leading risk and compliance technology provider who serves financial institutions.

Stallergenes Greer, a global leader in allergy care, has been recognised for its overall business performance, company culture, and sustained growth by receiving the prestigious 2026 Switzerland’s Best Managed Companies award.

Regulatory News:

QI Tech, a leading financial services infrastructure provider, has joined forces with Bettr, a leading provider of inclusive and embedded financial services under Ant International, to expand credit solutions for e-commerce sellers and shoppers. The strategic partnership aligns with Brazil’s ongoing efforts to promote inclusive finance, launching targeted lending programs directly within digital marketplaces.

Tractor Supply Company (NASDAQ: TSCO), the largest rural lifestyle retailer in the United States, announced today a full slate of activities, in-store events and promotions to celebrate our nation’s 250th birthday. For two weeks, Tractor Supply will Celebrate America with special offers on patio furniture, grilling accessories, patriotic décor and more. On Friday, July 3rd and Saturday, July 4th, eligible military service members, veterans and their dependents and first responders will receive an additional 10% off all purchases with Hometown Heroes verification.

Sinda Ltd. (the "Company" or "Sinda") today announced the pricing of its initial public offering ("IPO") of 17,750,000 shares of its common stock at a public offering price of $12.00 per share. In connection with the offering, Sinda has granted the underwriters a 30-day option to purchase an additional 2,662,500 shares of its common stock at the IPO offering price, less underwriting discounts and commissions.

AiRANACULUS, a Massachusetts-based deep technology company focused on intelligent RF and autonomous networking systems, today announced that it has been awarded a $5 million Civilian Commercialization Readiness Pilot Program (CCRPP) contract from NASA. The effort will support technology development enabling next-generation heterogeneous communication networks for lunar and deep-space missions.

Cotchett, Pitre & McCarthy “CPM” has filed the nation's first direct purchaser antitrust class action seeking to hold some of the world's largest shipping container manufacturers accountable for an alleged conspiracy to restrict output and fix prices for standard dry shipping containers sold throughout the United States.

Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced that the U.S. Patent and Trademark Office has granted U.S. Patent No. 12,630,004, titled “Range-Extending Hybrid Transmission System,” to its subsidiary Future AIHER AI Hybrid Extended-Range Electric Powertrain System Inc. (“Future AIHER”). The patent, issued in May 2026 from an application filed last June, contains 13 claims, marking a key milestone in the Company’s effort to establish a leadership position in hybrid electric powertrain innovation. The present disclosure relates to a range-extending hybrid transmission system for a vehicle, and more particularly, to a hybrid transmission system configured to decouple the engine, generator-motor, and drive wheels to provide multiple drive modes.

Undue Medical Debt today announced that a transformative gift from Evan Spiegel and Miranda Kerr has erased over $550 million in medical debt for over 261,000 Californians, providing relief to families across the state as healthcare costs and broader affordability challenges continue to weigh on households.

AM Best has downgraded the Financial Strength Rating to B- (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb-” (Fair) from “bbb-” (Good) of Star Mutual Risk Retention Group, Inc. (Star Mutual) (Knoxville, TN). The outlook of these Credit Ratings (ratings) is negative.

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior), affirmed the Financial Strength Rating (FSR) of A+ (Superior) and affirmed the Mexico National Scale Rating (NSR) of “aaa.MX” (Exceptional) of Berkley International Seguros México S.A. (BISM) (Mexico City, Mexico). The outlook of the Long-Term ICR has been revised to stable from positive, while the outlooks of the FSR and NSR are stable.