NORTHBRIDGE

"Flight of Butterflies" Takes Flight on The Magnificent Mile®, Bringing Art, Nature, and Technology Together

Retrieved on: 
Tuesday, May 21, 2024

“Flight of Butterflies” is a captivating citywide exhibit that brings art, nature, and technology together.

Key Points: 
  • “Flight of Butterflies” is a captivating citywide exhibit that brings art, nature, and technology together.
  • This unique initiative features 29 stunning butterfly sculptures scattered throughout Chicago, with 10 gracing the iconic Magnificent Mile.
  • Visitors to The Mag Mile can not only admire these beautiful sculptures but also engage with an innovative augmented reality experience.
  • "Flight of Butterflies is a unique and beautiful way to bring art, nature, and technology together in the heart of Chicago."

NorthBridge raises nearly $950 million for NB Partners Fund IV, surpassing $800 million target

Retrieved on: 
Thursday, April 11, 2024

BOSTON and NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) -- Boston-based NorthBridge Partners (“NorthBridge”) and New York-based Park Madison Partners today announced the final close of NB Partners Fund IV, LP (“Fund IV”).

Key Points: 
  • BOSTON and NEW YORK, April 11, 2024 (GLOBE NEWSWIRE) -- Boston-based NorthBridge Partners (“NorthBridge”) and New York-based Park Madison Partners today announced the final close of NB Partners Fund IV, LP (“Fund IV”).
  • Fund IV was oversubscribed with nearly $950MM raised, including both limited partner and general partner commitments, surpassing the original $800MM fundraising target.
  • Fund IV’s limited partners include a diverse mix of public and private pensions, endowments and foundations, insurance companies, sovereign wealth funds, asset managers, family offices, and high net worth individuals.
  • “We are extremely grateful for the support and confidence from both existing and new investors in Fund IV.

Ducks Unlimited Canada honours Tina Osen, President of HUB International Canada, with its 2024 Conservation Award of Distinction

Retrieved on: 
Thursday, February 8, 2024

OAK HAMMOCK MARSH, MB, Feb. 8, 2024 /CNW/ - Tina Osen, President of HUB International Canada and Nature Force founding partner is a champion of conservation and community.

Key Points: 
  • OAK HAMMOCK MARSH, MB, Feb. 8, 2024 /CNW/ - Tina Osen, President of HUB International Canada and Nature Force founding partner is a champion of conservation and community.
  • The Conservation Award of Distinction celebrates outstanding leadership and supporting conservation actions that have resulted in significant, positive environmental impacts across the country.
  • DUC presented the award to Tina at the HUB Coastal 2024 Producer Summit, at the JW Marriottt Parq in Vancouver on February 7th.
  • As president of HUB Canada, Tina oversees operations in every province and territory that include all lines of insurance coverage and risk services.

Riverdale Mills Seeks Legal Costs Defending Unfounded OSHA Charges

Retrieved on: 
Monday, January 22, 2024

To view the full announcement, including downloadable images, bios, and more, click here .

Key Points: 
  • To view the full announcement, including downloadable images, bios, and more, click here .
  • The company argues that it is entitled to its attorneys' fees and expenses under the Equal Access to Justice Act.
  • The petition is related to the currently contested authority of federal regulators, an issue now under consideration by the U.S. Supreme Court.
  • Among 12 allegations against the company initiated in the spring of 2021, a total of nine were either withdrawn by OSHA, which is under the U.S. Department of Labor, or overturned in proceedings before an Administrative Law Judge.

AM Best Upgrades Issuer Credit Ratings of Northbridge Financial Corporation’s Members and Affirms Credit Ratings of Wentworth Insurance Company Limited

Retrieved on: 
Thursday, August 17, 2023

AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which is composed of Federated Insurance Company of Canada, Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company.

Key Points: 
  • AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which is composed of Federated Insurance Company of Canada, Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company.
  • Concurrently, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of Wentworth Insurance Company Limited (Wentworth) (Barbados).
  • Northbridge’s ratings benefit from the favorable financial flexibility and significant levels of cash and marketable securities held at the ultimate holding company level.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Riverdale Mills Corporation, Northbridge, Massachusetts, Congratulates Maine Lobstermen's Association

Retrieved on: 
Friday, June 23, 2023

Northbridge, Massachusetts--(Newsfile Corp. - June 23, 2023) - Riverdale Mills Corporation extends its congratulations to the Maine Lobstermen's Association (MLA) on their recent triumph in the court case against the National Marine Fisheries Service (NMFS).

Key Points: 
  • Northbridge, Massachusetts--(Newsfile Corp. - June 23, 2023) - Riverdale Mills Corporation extends its congratulations to the Maine Lobstermen's Association (MLA) on their recent triumph in the court case against the National Marine Fisheries Service (NMFS).
  • Riverdale Mills Corporation is a leading manufacturer and distributor of high-quality wire mesh products.
  • With over 40 years of experience, Riverdale Mills has earned a reputation for providing innovative and sustainable solutions for a wide range of industries, including aquaculture, agriculture, construction, and security.
  • Riverdale Mills is committed to environmental stewardship and works closely with organizations and communities to promote sustainable practices and protect our planet's resources.

Canadian Institute of Actuaries elects new Board members

Retrieved on: 
Monday, May 29, 2023

OTTAWA, May 29, 2023 (GLOBE NEWSWIRE) -- The Canadian Institute of Actuaries (CIA) is pleased to announce the appointments of five new members to its Board, effective July 1, 2023.

Key Points: 
  • OTTAWA, May 29, 2023 (GLOBE NEWSWIRE) -- The Canadian Institute of Actuaries (CIA) is pleased to announce the appointments of five new members to its Board, effective July 1, 2023.
  • These newly elected members will contribute to the Institute’s mission of promoting financial security for Canadians and increasing public awareness of the actuarial profession.
  • She possesses a broad perspective on the challenges facing CIA members and understands that actuaries have a unique opportunity to contribute to social debates.
  • The CIA and its newly elected Board members are fully committed to navigating the ever-evolving landscape of the actuarial profession.

Parasoft Hosts Live Virtual Event on Nov 3: Automated Software Testing & Quality Summit

Retrieved on: 
Wednesday, September 28, 2022

MONROVIA, Calif., Sept. 28, 2022 /PRNewswire/ -- Parasoft, a global leader in automated software testing for over 35 years, today announced the third annual Automated Software Testing and Quality Summit. Industry leaders, including "The Phoenix Project" co-author, Gene Kim, will gather to share their real-life experiences addressing software quality issues and achieving business goals with test automation.

Key Points: 
  • MONROVIA, Calif., Sept. 28, 2022 /PRNewswire/ -- Parasoft , a global leader in automated software testing for over 35 years, today announced the third annual Automated Software Testing and Quality Summit.
  • Join the LIVE virtual half-day summit on Thursday, November 3, 2022, at 11 a.m.
  • They'll cover a range of software testing topics, including API testing, cloud testing, service virtualization, simulated test environments, and AI integration.
  • Parasoft helps organizations continuously deliver quality software with its market-proven, integrated suite of automated software testing tools.

AM Best Affirms Credit Ratings of Members of Northbridge Financial Corporation

Retrieved on: 
Wednesday, August 24, 2022

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which include Federated Insurance Company of Canada (Manitoba, Canada), Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a (Excellent) of the members of Northbridge Financial Corporation (Northbridge), which include Federated Insurance Company of Canada (Manitoba, Canada), Northbridge General Insurance Corporation, Zenith Insurance Company and Verassure Insurance Company.
  • Northbridge Financial Corporation is a subsidiary of Fairfax Financial Holdings Limited (Fairfax) [TSX: FFH].
  • 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 .

Update: Introducing The Nature Force

Retrieved on: 
Tuesday, March 22, 2022

TORONTO, March 22, 2022 (GLOBE NEWSWIRE) -- As Canadian communities continue to grapple with extreme weather events, 15 leading insurance companies operating in the property and casualty (P&C) space have joined forces with Ducks Unlimited Canada, a leading environmental non-profit organization specializing in wetland conservation and using nature to defend against, well, nature.

Key Points: 
  • Nature-based solutions like natural infrastructure (often referred to as green infrastructure) involve actively restoring and managing natural resources for positive outcomes including climate resilience, biodiversity, and water quality.
  • This is not news to program partners Aviva Canada, CNA Canada, Definity, Gallagher, Gore Mutual, HUB International, Intact, Navacord, Northbridge, SGI, Travelers Canada, Trisura, Wawanesa, Westland, and Zurich Canada.
  • The project planning process will commence in April of 2022 in conjunction with public and private sector partners and local stakeholders.
  • The Nature Force: The Nature Force is an action-oriented climate resilience initiative funded by a collective of P&C insurance companies (Aviva Canada, CNA Canada, Definity, Gallagher, Gore Mutual, HUB International, Intact, Navacord, Northbridge, SGI, Travelers Canada, Trisura, Wawanesa, Westland, and Zurich Canada) in partnership with national non-profit conservation solutions provider Ducks Unlimited Canada.