RRG

Continuing Care Risk Retention Group: Celebrating Our 20th Year!

Retrieved on: 
Thursday, March 14, 2024
COVID, Risk management, ROSA, Partnership, Insurance, Risk, Nursing, Magnolia, Knowledge, Live, RRG, LTC, Multimedia, Health insurance

SANTA ROSA, Calif., March 14, 2024 /PRNewswire/ -- Continuing Care Risk Retention Group and Magnolia LTC Management Services Celebrate 20 Years of Meeting the Insurance Needs of the long term care Industry.

Key Points: 
  • Continuing Care Risk Retention Group (Continuing Care RRG) and Magnolia LTC Management Services are celebrating a milestone anniversary.
  • SANTA ROSA, Calif., March 14, 2024 /PRNewswire/ -- Continuing Care Risk Retention Group and Magnolia LTC Management Services Celebrate 20 Years of Meeting the Insurance Needs of the long term care Industry.
  • This year marks a significant milestone for Continuing Care Risk Retention Group and Magnolia LTC Management Services as they celebrate their 20th anniversary.
  • Continuing Care RRG was established to meet the unique insurance needs of the LTC industry, including nursing homes, assisted living facilities, and residential care facilities.

Core Scientific, Inc. Emerges from Chapter 11 with Strengthened Balance Sheet and Enhanced Competitive Position

Retrieved on: 
Tuesday, January 23, 2024
Technology, Cryptocurrency, Data Management, Blockchain, Bankruptcy Code, Science, LLP, SoftBank Capital, Plan, Weil, Gotshal & Manges, AlixPartners, PJT Partners, Disclosure, Miner, Webcast, RRG, Growth, Management

The Company emerges from Chapter 11 with a strengthened balance sheet and expects to commence the listing of its common stock, tranche 1 warrants and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW and CORZZ, respectively, on January 24, 2024.

Key Points: 
  • The Company emerges from Chapter 11 with a strengthened balance sheet and expects to commence the listing of its common stock, tranche 1 warrants and tranche 2 warrants on the Nasdaq Global Select Market under the symbols CORZ, CORZW and CORZZ, respectively, on January 24, 2024.
  • Core Scientific is positioned as one of the largest bitcoin miners in North America, with specialized data centers in five U.S. states operating 724 megawatts of power.
  • The Plan of Reorganization (“The Plan”) reduced Core Scientific’s debt by $400 million through the conversion of equipment lender and convertible note holder debt to equity.
  • Stakeholders with questions may call Stretto at +1 (888) 765-7875 (U.S.) or +1 (949) 404-4152 (international) or email [email protected] .

RRG Mining Secures Top 3 Spot in Global Aleo Mining Nodes: A Milestone of Achievement and Commitment

Retrieved on: 
Thursday, August 17, 2023
Happiness, Mining, RRG, Blockchain, Ecosystem, Admiralty Mining Establishment, Cryptocurrency, Aleo Solar

RRG Mining, a name well-known in the blockchain mining sector, has rapidly emerged as a frontrunner in generating and managing mining nodes on the Aleo network.

Key Points: 
  • RRG Mining, a name well-known in the blockchain mining sector, has rapidly emerged as a frontrunner in generating and managing mining nodes on the Aleo network.
  • The remarkable progress of RRG Mining is demonstrated through its status among the top 3 largest Aleo mining nodes globally.
  • This achievement not only showcases the mining and management capabilities of RRG Mining but also serves as a testament to its unwavering commitment to contribute to the robust development of the Aleo network.
  • The achievement of securing the top 3 Aleo mining node position is the outcome of RRG Mining's relentless team efforts.

American Trucking and Transportation Insurance Company Selects Gradient AI to Improve Trucking Claims Outcomes

Retrieved on: 
Tuesday, August 1, 2023
Professional Services, Technology, Insurance, Artificial Intelligence, Software, Origami, Partnership, Research, American Trucking Associations, Gradient, Risk retention group, Triage, Data, Machine learning, RRG, Artificial intelligence, Transport, Risk management

Gradient AI , a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that American Trucking and Transportation Insurance Company , a Risk Retention Group (ATTIC, RRG) selected Gradient AI’s claims management solution to predict claim risk, triage claims, and close commercial transportation claims more quickly and cost-effectively.

Key Points: 
  • Gradient AI , a leading enterprise software provider of artificial intelligence (AI) solutions in the insurance industry, today announced that American Trucking and Transportation Insurance Company , a Risk Retention Group (ATTIC, RRG) selected Gradient AI’s claims management solution to predict claim risk, triage claims, and close commercial transportation claims more quickly and cost-effectively.
  • In recent years, the trucking industry has witnessed an unprecedented surge in claim verdicts, according to research from the American Transportation Research Institute.
  • Prior to adopting Gradient AI, ATTIC’s claims predictions were based primarily on an adjuster’s previous claims experience and professional intuition.
  • ATTIC, RRG chose Gradient AI due to its prior experience applying AI to the commercial auto insurance industry, its commercial auto industry data lake containing millions of claims, and its predictive analytics capabilities for claims solutions.

AEDILES CONGRATULATES BLACKROCK GRP III IN THE ACQUISITION OF A MAJOR DISTRIBUTED SOLAR ENERGY SOLAR PORTFOLIO (PMGD)

Retrieved on: 
Thursday, May 18, 2023
Nominal power (photovoltaic), RRG, BlackRock, Acquisition, Environment, Cryptocurrency

SANTIAGO, Chile, May 18, 2023 /PRNewswire/ - AEDILES supported BlackRock GRP III in the closing of the acquisition of 97MWp of Distributed Solar Energy Projects in Chile, which was developed by RRG Capital Management ("RRGCM") in collaboration with local partners.

Key Points: 
  • SANTIAGO, Chile, May 18, 2023 /PRNewswire/ - AEDILES supported BlackRock GRP III in the closing of the acquisition of 97MWp of Distributed Solar Energy Projects in Chile, which was developed by RRG Capital Management ("RRGCM") in collaboration with local partners.
  • "We look forward to continuing to provide top tier asset management for this platform and will continue originating additional MWp for the platform," said David Orellana, Platform Head of Aediles Talinay, Aediles Asset Manager in Chile.
  • "We are pleased to work with Aediles and BlackRock GRP III to help facilitate the development of one of Chile's largest clean energy portfolios," said Patrick Hodgins, RRGCM's head of renewable energy investments.
  • Honorato Delaveau advised Aediles and BlackRock GRP III in this transaction.

ALIRT Sees Continued Proliferation Of New - and Growth Of Existing - Risk Retention Groups As Market Pricing Remains Firm

Retrieved on: 
Wednesday, May 17, 2023
Evergreen USA RRG, RRG, Growth, Risk retention group, Insurance

HARTFORD, Conn., May 17, 2023 /PRNewswire/ -- According to ALIRT Research's recent market review, Risk Retention Groups (RRGs) represent a small but important sector of the overall U.S. P&C industry. While writing less than 1% of overall industry direct premium in 2022, these insurers continue to address niche market needs as commercial insurance rates remain elevated and more traditional carriers tighten terms and conditions and/or exit certain lines of business/geographies altogether. 

Key Points: 
  • In a recent client release, ALIRT discusses the financial performance of its Risk Retention Group composite as of 2022 financial filings.
  • HARTFORD, Conn., May 17, 2023 /PRNewswire/ -- According to ALIRT Research's recent market review, Risk Retention Groups (RRGs) represent a small but important sector of the overall U.S. P&C industry.
  • ALIRT observes that RRG's have struggled to turn an underwriting profit amid strong growth over the past decade but that favorable 2022 financial results may represent a turning point.
  • That said, ALIRT states that the bespoke nature of this market has historically led to widely disparate financial outcomes for individual risk retention groups, which should invite additional oversight by insurance distributors and regulators.

Leasys and Free2move Lease Consolidation: New Top Leadership Announced

Retrieved on: 
Thursday, March 2, 2023
Chief of staff, PSA Group, Market, Army Institute of Business Administration, Savar, Automatic Performance Control, Communication, Commercial, Business development, Vienna University of Economics and Business, B2B, Finance, CFO, Korea, Paris School of Business, Microsoft mobile services, University, RCI Banque, Bank, NewCo, DIAC, Rolando, Spondyloarthropathy, RRG, FCA Bank, Director general, Head, MBA, ESSEC Business School, RCI, EVP, Marketing, Mobility, FCA, Accounting, Holding company, Management, Airline, Mobile phone, Automotive industry, European, Business, Wesley Leasy, Economics, Stellantis

The mission of the new company is becoming a European leader for mobility services, with a fleet target of one million vehicles by 2026.

Key Points: 
  • The mission of the new company is becoming a European leader for mobility services, with a fleet target of one million vehicles by 2026.
  • A graduate of Paris School of Business (Master in Finance), he entered the RCI Bank and Services group in 1990.
  • In 2015, he was appointed Chief Executive Officer of RRG (Renault Retail Group), Renault’s automobile distribution subsidiary in Europe.
  • He then became Cross-Functional Risk Director at Crédit Mutuel Arkéa, before joining Carrefour Banque in 2020, as Deputy CEO and Group CFO.

Nonprofits Insurance Alliance Receives AM Best “A (Excellent)” Rating for Financial Strength

Retrieved on: 
Thursday, October 20, 2022
Professional Services, Philanthropy, Legal, Insurance, Other Philanthropy, Fund Raising, Foundation, NIAC, Risk management, ANI, ICR, AM Best, Risk retention group, Nonprofits Insurance Alliance, Organization, NIA, IX, Alliance, Industry, AMS, Nonprofit organization, National Alliance, RRG, Insurance, Insurance

Nonprofits Insurance Alliance (NIA) received strong reviews of its financial strength and overall credit rating from AM Best, the insurance industrys leading credit rating agency.

Key Points: 
  • Nonprofits Insurance Alliance (NIA) received strong reviews of its financial strength and overall credit rating from AM Best, the insurance industrys leading credit rating agency.
  • NIAs A (Excellent) rating is cited in the agencys IX financial size rating category.
  • NIAs three insurance entities collectively received a Financial Strength Rating of A (Excellent) and Issuer Credit Rating (ICR) of a+ a reflection of NIAs balance sheet strength, which AM Best categorizes as Strongest.
  • The NIA brand is comprised of Alliance Member Services (AMS) and three AM Best A (Excellent) rated insurers: Nonprofits Insurance Alliance of California (NIAC); Alliance of Nonprofits for Insurance, RRG (ANI); and National Alliance of Nonprofits for Insurance (NANI).

NIA’s Photo Contest Offers Nonprofits Chance to Win Cash

Retrieved on: 
Thursday, October 20, 2022
Foundation, Professional Services, Insurance, Philanthropy, NIAC, ANI, Review, Nonprofits Insurance Alliance, Organization, NIA, Industry, AMS, Nonprofit organization, National Alliance, RRG, Management, Wool, Alliance, Insurance

Nonprofits Insurance Alliance (NIA) wants to see how community nonprofits are Making a Better World, the theme of this years NIA Photo Contest.

Key Points: 
  • Nonprofits Insurance Alliance (NIA) wants to see how community nonprofits are Making a Better World, the theme of this years NIA Photo Contest.
  • The contest has expanded from NIA member nonprofits to include any U.S. 501(c)(3) nonprofit that subscribes to BlueAvocado.org , a free online magazine for nonprofits.
  • The 2022 NIA Photo Contest will name 12 winners:
    The top prize of $1,000 will go to the nonprofit organization whose image best communicates the theme.
  • Nonprofits Insurance Alliance (NIA) is the nations leading property and casualty insurer exclusively serving nonprofit organizations.

NIA Announces New Executive Appointments in HR and Customer Experience

Retrieved on: 
Thursday, April 28, 2022
Other Professional Services, Professional Services, Insurance, Human Resources, People, West Chester University, CIC, CEO, Administration, NIAC, Melissa, Nonprofits Insurance Alliance, Wells Fargo, AMS, National Alliance, Organization, Society, Communication studies, Alliance, RRG, Nonprofit organization, Acquisition, Bank of America, Industry, ANI, Certified Insurance Counselor, Bank, CA, NIA, Culture, Management, Insurance, Insurance, Music

Im delighted to welcome Melissa and Starr to the senior leadership team at NIA, I look forward to working with them both, said Pamela Davis, founder, President, and CEO of NIA.

Key Points: 
  • Im delighted to welcome Melissa and Starr to the senior leadership team at NIA, I look forward to working with them both, said Pamela Davis, founder, President, and CEO of NIA.
  • Melissa brings over 20 years of insurance industry experience to the company and is helping us improve our broker and member experience, continued Ms. Davis.
  • Ms. Thompson was vice president of human resources for Fitness Club Management in Southern California prior to joining NIA.
  • Founded in 1989 in Santa Cruz, CA, NIA is a social enterprise developing the long-term sustainability of the nonprofit sector.