Statement News

CHAPEL HILL, N.C.--(BUSINESS WIRE)--Notice of a Data Security Incident...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of The Northern Neck Insurance Company (Northern Neck) (Irvington, VA). Northern Neck’s Credit Ratings (ratings) have been placed under review with negative implications following the recent announcement that a stock purchase agreement has been signed with Frederick Mutual Insurance Company (Frederic...

OTTAWA--(BUSINESS WIRE)--The Canadian Union of Public Employees (CUPE) was on Parliament Hill today calling for a national child care workforce strategy. CUPE National Secretary-Treasurer Candace Rennick and members of the union’s National Child Care Working Group delivered thousands of petitions to Patty Hajdu, Minister of Jobs and Families, and Anna Gainey, Secretary of State for Children and Youth. Thousands of child care workers and their supporters signed the petitions demanding that the f...

Halifax, NS--(BUSINESS WIRE)--Bridgewater municipal workers, represented by Canadian Union of Public Employees Local 1092, voted 100% in favour of a strike. “The last thing we want to do is go on strike,” said CUPE 1092 President Megan Daurie, “but the offers from the town don’t even begin to address our concerns. They’re trying to offer us minimal raises, cut out banked overtime, and limit long term disability all while prices across the province skyrocket.” CUPE 1092 filed for conciliation on...

AUCKLAND, New Zealand--(BUSINESS WIRE)--International health experts are today urging New Zealand to stay the course on safer nicotine alternatives, as a major new report from Smoke Free Sweden confirms that innovative smoke-free products are helping Kiwis not only quit smoking but also achieve major health gains. The new report, The Safer Nicotine Revolution: Global Lessons, Healthier Futures, highlights New Zealand as a global success story. Between 2018 and 2024, New Zealand halved its smoki...

LONDON--(BUSINESS WIRE)--International health experts are today calling on the UK to defend safer nicotine alternatives as a major new report from Smoke Free Sweden shows they are saving lives worldwide. The landmark report, The Safer Nicotine Revolution: Global Lessons, Healthier Futures, highlights the UK as a world leader in cutting smoking by embracing harm reduction strategies. By integrating vaping into NHS quit-smoking services, the UK has driven smoking rates to historic lows while deli...

OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. property/casualty insurance segment posted record-high investment income of $89 billion in 2024, a notable 20% year-over-year increase bolstered by the higher interest rate environment, according to a new AM Best report. The Best’s Special Report, “Investment Income Reached Record Heights for P/C Insurers in 2024,” notes that the annual increase was driven by returns on bonds and cash and short-term investments. After over a decade of persistently low in...

SANTA BARBARA, Calif.--(BUSINESS WIRE)--Sable Rejects Politically Motivated Attack by Santa Barbara County DA...

KAMPALA, Uganda--(BUSINESS WIRE)--AIDS Healthcare Foundation (AHF) applauds the Government of Zambia for increasing its health budget allocation from 7% in 2021 to 12% today, an effort that reflects growing political commitment to strengthen national health systems and secure long-term sustainability. AHF also commends continental efforts by African presidents and regional institutions for driving urgent action on key public health priorities. These decisive moves by African governments and ins...

HOUSTON--(BUSINESS WIRE)--RCI Hospitality Holdings, Inc. (Nasdaq: RICK) today issued the following statement from Daniel J. Horwitz of the law firm Tannenbaum Helpern, counsel for the company. “RCI, two executives, three employees, and three clubs were indicted today in New York on state charges alleging non-payment of sales taxes and bribery of a state sales tax auditor. There are no allegations that any company executive or employee personally benefited from the alleged charges.” “RCI, the in...