Industry News

Chubb has added a suite of new coverages to its specialized clean tech industry insurance program. The Clean Tech Sustainability Suite provides essential protection for firms conducting research and development and can help clean tech firms rebuild "green" in the case of a property loss. "Chubb's Clean Tech Sustainability Suite responds directly to the priorities of today's clean tech companies," said Christi Edwards, North America..."/>
Chubb Helps Clean Tech Companies Rebuild 'Green' After a Loss, Launches New 'Sustainability Suite' of Coverages
M&T Bank Corp. is close to completing a detailed review of its customers' information, which would reopen the door to potential acquisitions. M&T has had a "letter of agreement" with the Federal Reserve since 2013, concerning the bank's anti-money laundering and Bank Secrecy Act programs. Once regulators determine M&T has fulfilled its requirements and lift the letter, M&T would be permitted to again make deals, said Darren J. King, M&T's chief financial officer."/>
M&T nears finish of customer review [The Buffalo News, N.Y.]
First American Financial Corporation, a leading global provider of title insurance, settlement services and risk solutions for real estate transactions, announced today that Fortune ® and Great Place to Work ® have recognized First American as one of the 2016 Best Workplaces for Women. The ranking is the result of an anonymous survey of 137,762 women employees from a variety of companies administered by Great Place to Work ®, a global authority on..."/>
First American Ranked Among the 2016 Best Workplaces for Women by Fortune and Great Place to Work®
United Fire Group, Inc., which operates under an inter-company pooling agreement led by United Fire& Casualty Company. Best has affirmed the Long-Term ICR of“ bbb” of UFG. At the same time, A.M."/>
A.M. Best Affirms Credit Ratings of United Fire Group, Inc. and Its Subsidiaries
CBOE To Launch Options On FTSE Emerging Index
Aflac Incorporated. The outlook assigned to these Credit Ratings is stable. Aflac’ s existing Long-Term Issuer Credit Ratings remain unchanged."/>
A.M. Best Assigns Issue Credit Ratings to Aflac Incorporated’s Senior Unsecured Notes
Federated Investors, Inc. today announced that monthly fund composition and performance data for Federated Premier Municipal Income Fund and Federated Premier Intermediate Municipal Income Fund as of Aug. 31, 2016, are now available in the Products section of To order hard copies of this data or to be placed on a mailing list, call 800-245-0242 x5587538, email or write to Federated..."/>
Month-End Portfolio Data Now Available for Federated Investors' Closed-End Funds
Templeton Emerging Markets Income Fund today announced its quarterly dividend from net investment income of $0.20 per share, payable on October 13, 2016 to shareholders of record on September 29, 2016. The Fund's investment manager, Franklin Advisers, Inc., is a wholly owned subsidiary of Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton Investments. Franklin Templeton Investments provides..."/>
Templeton Emerging Markets Income Fund ("TEI") Announces Dividend
AGF Management Limited will release its financial results for the third quarter of fiscal 2016 on Wednesday, September 28, 2016 at approximately 8:00 a.m. ET. AGF will hold a conference call and webcast to discuss these results at 11:00 a.m. The discussion will feature remarks by Blake C. Goldring, Chairman and Chief Executive Officer, Kevin McCreadie, President and Chief Investment Officer, and Adrian Basaraba, Senior Vice-President and Chief..."/>
AGF Management Limited to Release Third Quarter Results on September 28, 2016
Voya Financial, Inc., announced it will activate a local experiential brand-building and retirement-awareness initiative in Denver at the end of the month. As a centerpiece of the effort, a large version of its signature origami rabbit— one of the characters from its Orange Money ® television commercials— will appear in a popular downtown Denver location. "Voya is a company that wants to change the way Americans think about retirement," said..."/>
Voya Financial to Activate Retirement-Awareness and Brand-Building Initiative in Denver
Houlihan Lokey, Inc., the global investment bank, today announced that Joseph Mooney has joined the firm's Mergers& Acquisitions Group as a Managing Director. He is based in New York. Mooney joins from Sagent Advisors, where he most recently served as Head of Mergers& Acquisitions."/>
Houlihan Lokey Expands Mergers & Acquistions Group With Senior Hire
Northern Trust Asset Management released its latest update today to its study on financial advisor adoption of external investment management first conducted in 2010. The 2016 survey which was fully completed by 550 financial advisors reveal their attitudes and rationale for utilizing third party managers vs. keeping the investment management function in house."/>
Northern Trust Reports Financial Advisors Using External Partners to Manage More Client Assets, Fewer Investment Activities
Mortgage Rates Head Up
Ally Financial Inc.. More than half of survey respondents who have a credit card said they preferred cash back rewards, topping interest in travel rewards, store promotions and introductory interest rates or bonus rewards. Furthermore, the study found that two thirds of those respondents would be interested..."/>
Ally's 2016 Credit Card Study Reveals What Customers Really Want: Cash
F.N.B. Corporation today announced several consumer and small business banking leadership appointments serving the Company's new markets in North Carolina and South Carolina, which it will enter through the planned acquisition of Yadkin Financial Corporation. FNB will continue to leverage its regional leadership model and will retain a number of experienced Yadkin professionals to fill key Retail Banking and Small Business..."/>
F.N.B. Corporation Announces Divisional Leadership for New Regions

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