GULF

American Coastal Insurance Corporation Announces the Sale of Interboro Insurance Company to Forza Insurance Holdings, LLC

Retrieved on: 
Thursday, May 9, 2024
Professional Services, Insurance, Finance, Policy, Martha Plimpton, Partnership, Acquisition, Financial services, DeBevoise, ACIC

American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance Company (“Interboro”), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC (“Forza”) in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro.

Key Points: 
  • American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of Interboro Insurance Company (“Interboro”), a New York domiciled insurance company, announced today that it has signed definitive agreements with Forza Insurance Holdings, LLC (“Forza”) in which ACIC will sell and Forza will acquire 100% of the issued and outstanding stock of Interboro.
  • Concurrently, Interboro and SageSure entered into a Program Administrator Agreement and a Claims Services Agreement on May 9, 2024.
  • Under the terms of these service agreements, SageSure will provide policy administration, underwriting and claims administration services on behalf of Interboro.
  • “We are excited to partner with Interboro and grow our Forza partnership.”
    Raymond James & Associates acted as exclusive financial advisor to American Coastal.

Global Partners LP Reports First-Quarter 2024 Financial Results

Retrieved on: 
Wednesday, May 8, 2024
Retail, Energy, Convenience Store, Oil, Gas, Gasoline, Partner, News, Commercial, Depreciation, Tax, DCF, Slifka, Global Partners, Acquisition, Gulf Oil LP, GAAP, Motiva Enterprises

Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the first quarter ended March 31, 2024.

Key Points: 
  • Global Partners LP (NYSE: GLP) (“Global” or the “Partnership”) today reported financial results for the first quarter ended March 31, 2024.
  • Global announced a cash distribution of $0.7100 per unit ($2.84 per unit on an annualized basis) on all of its outstanding common units from January 1, 2024 through March 31, 2024.
  • The distribution will be paid on May 15, 2024 to unitholders of record as of the close of business on May 9, 2024.
  • Management will review the Partnership’s first-quarter 2024 financial results in a teleconference call for analysts and investors today.

Trimble Announces 2024 B2W Customer Innovation Award Winners

Retrieved on: 
Tuesday, May 7, 2024
ROI, Track, TRMB, ERP, Workflow, Software, Automation, Data collection, B2W Software, Road

WESTMINSTER, Colo., May 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) today announced the winners of the 2024 B2W Customer Innovation Awards for North American heavy civil contractors. Bituminous Roadways, Gulf Operators and Sherwood Companies are recognized for their Return on Investment (ROI) results using individual B2W applications and the unified B2W platform.

Key Points: 
  • Heavy civil contractors Bituminous Roadways, Gulf Operators and Sherwood Companies achieve ROI and performance improvements through their use of B2W Software
    WESTMINSTER, Colo., May 7, 2024 /PRNewswire/ -- Trimble (NASDAQ: TRMB) today announced the winners of the 2024 B2W Customer Innovation Awards for North American heavy civil contractors.
  • Bituminous Roadways, Gulf Operators and Sherwood Companies are recognized for their Return on Investment (ROI) results using individual B2W applications and the unified B2W platform.
  • A panel of B2W judges selects the Customer Innovation Awards program winners from applications submitted by contractors using B2W software for estimating, field tracking, scheduling and fleet maintenance.
  • Bituminous added B2W Estimate and Track followed by the B2W Schedule, Inform and Maintain applications.

Triple-I Stresses Preparedness for ‘Very Active’ 2024 Atlantic Hurricane Season

Retrieved on: 
Friday, May 3, 2024
Natural Disasters, Environment, Professional Services, Climate Change, Insurance, Clothing, Small business, Element, NOAA, Policy, Cyclone, Insurance Information Institute, Theft, Research, Water, Disaster, Colorado State University, Building material, Wind, Tree, Condo, Electronics, Loss, National Hurricane Preparedness Week, CSU, NFIP

A typical Atlantic hurricane season has 14 named storms, seven hurricanes and three major hurricanes.

Key Points: 
  • A typical Atlantic hurricane season has 14 named storms, seven hurricanes and three major hurricanes.
  • With more Americans living in harm’s way than ever before, it is critical for everyone residing in a hurricane-prone community to make preparedness a priority for the upcoming season,” Kevelighan added.
  • National Hurricane Preparedness Week , spearheaded by the National Oceanic and Atmospheric Administration (NOAA), starts on Sunday, May 5, and continues through Saturday, May 11.
  • The Triple-I’s four key hurricane preparedness tips for the 2024 season include:
    Review Your Insurance Coverage.

AccuWeather Summer 2024 U.S. Forecast: Sizzling Summer Temperatures Could Lead To Higher Power Bills Across America

Retrieved on: 
Wednesday, May 1, 2024
Humidity, AccuWeather, Pacific Northwest, Weather, Lightning, Risk, Drought, Death, Climate change, Electricity, Wildfire, Federal Emergency Management Agency, Wind, Heel, Atlantic Ocean, FEMA, Smoke

STATE COLLEGE, Pa., May 1, 2024 /PRNewswire/ -- AccuWeather's team of long-range forecasters says millions of Americans are expected to experience above-historical average temperatures across much of the country this summer.

Key Points: 
  • Temperatures are expected to climb at least two degrees above the historical average across more than half of the United States this summer.
  • AccuWeather Lead Long-Range Forecaster Paul Pastelok says the widespread heat could lead to higher energy bills for families and businesses running air conditioners around the clock.
  • "Summer 2024 can feature heat waves for many areas across the Plains to the Northeast.
  • People in Boston could experience four times as many 90-degree days this summer, compared to the five days reported last summer.

WHOOP Announces Significant Global Expansion, Appoints New Senior Leadership

Retrieved on: 
Monday, April 29, 2024
Software, Hardware, Health, Health Technology, Wearables, Mobile Technology, Technology, Apps, Applications, Fitness & Nutrition, Amazon (company), CFO, Language, Uber, Commercial, Business development, Best Buy, Nike, Acquisition, American Spanish, Monitor Deloitte, Multimedia, Marketing, Sleep, Growth, Pharmaceutical industry

Additionally, the WHOOP app is now available in Italian and Spanish (Latin America), as well as English, French, and German.

Key Points: 
  • Additionally, the WHOOP app is now available in Italian and Spanish (Latin America), as well as English, French, and German.
  • To help everyone start their journey, WHOOP is currently offering a one-month free trial that can be accessed on WHOOP.com.
  • View the full release here: https://www.businesswire.com/news/home/20240429085870/en/
    WHOOP announces significant global expansion, appoints new senior leadership.
  • We’re excited to open these new markets and provide over 125 million people with access to WHOOP,” said Will Ahmed, Founder and CEO of WHOOP.

FloodFlash Launches New Business Interruption Coverage Ahead of Hurricane Season

Retrieved on: 
Monday, April 15, 2024
Environment, Technology, Insurance, Finance, Fintech, Natural Disasters, Professional Services, Data Analytics, Data Management, IOT (Internet of Things), National Flood Insurance Program, Atlantic hurricane season, Hurricane season, Policy, Risk, NFIP

Ahead of the 2024 Atlantic hurricane season, FloodFlash, the first insurance technology company to offer sensor-enabled parametric flood insurance, is launching a product to support business interruption (BI) coverage in the United States.

Key Points: 
  • Ahead of the 2024 Atlantic hurricane season, FloodFlash, the first insurance technology company to offer sensor-enabled parametric flood insurance, is launching a product to support business interruption (BI) coverage in the United States.
  • With a widely predicted hyperactive hurricane season, many experts anticipate huge losses from property damage and BI that could devastate businesses and communities for months on end.
  • Flood BI has been created because many businesses and public entities are unable to get BI cover.
  • FloodFlash hopes to support the many organisations at risk of flooding, not just in the Gulf and Eastern seaboard, but across the US.

UAE Elevator and Escalator Market Size & Growth Forecast 2024-2029, Featuring Key Vendors KONE, Mitsubishi Electric, TK Elevator, Hitachi, Hyundai Elevator, Otis, Fujitec Schindler and KOHLER Elevator - ResearchAndMarkets.com

Retrieved on: 
Monday, April 15, 2024
Manufacturing, Machinery, USD, Tower, Etihad Airways, DLD, Travel, Abu Dhabi Investment Council, Sport, City, Ciel Tower, SME, Artificial intelligence, Emirates (airline), Growth, Elevator, Life expectancy, Organization, Qatar Airways, Mubadala Investment Company, Energy, Renewable energy

The "UAE Elevator and Escalator Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "UAE Elevator and Escalator Market - Size & Growth Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The UAE Elevator and Escalator Market size consisted of 9,598 units in 2023, and is projected to reach 12,794 units by 2029, showcasing a CAGR of 4.91%.
  • The UAE elevator market by the installed base is expected to reach 94,397 thousand units by 2029.
  • The maintenance and modernization in the UAE elevator and escalator market accounted for 67% and 33%, respectively, in 2022.

PropSwap announces its first official casino partner: Harrah's Gulf Coast

Retrieved on: 
Thursday, April 11, 2024
Sport, Sale, Master, Partnership

PropSwap and Harrah's Gulf Coast will combine efforts to create exclusive customer experiences.

Key Points: 
  • PropSwap and Harrah's Gulf Coast will combine efforts to create exclusive customer experiences.
  • The power of PropSwap's North American database of users, and Harrah's unique position on the Gulf Coast, will provide an unrivaled betting experience.
  • No other casino on the Gulf Coast offers such a convenient route to make your wagers.
  • We're excited that Harrah's Gulf Coast shares that vision with us, and are looking forward to the commencement of the partnership this weekend. "

Sortera Technologies Welcomes David Burlison as Director of Commercialization

Retrieved on: 
Thursday, April 11, 2024
Statista, Statistics, Commercialization, Marketing, Time (magazine), Mandalay Bay, Artificial intelligence, Carbon, Greentech, Intelligence, TIME, Recycling, Growth

MARKLE, Ind., April 11, 2024 /PRNewswire/ -- Sortera Technologies, Inc., an innovative material sorting company with an upcycling platform powered by artificial intelligence, data analytics, and advanced sensors, today announced that David Burlison has joined as Director of Commercialization. Burlison will focus on growing industry relationships and Sortera's reach across the country and build its customer base.

Key Points: 
  • MARKLE, Ind., April 11, 2024 /PRNewswire/ -- Sortera Technologies, Inc., an innovative material sorting company with an upcycling platform powered by artificial intelligence, data analytics, and advanced sensors, today announced that David Burlison has joined as Director of Commercialization.
  • David Burlison brings over two decades of comprehensive experience and a commendable track record in transformative leadership roles within the recycling industry.
  • Reflecting on his appointment, Burlison shared, "I am deeply honored to be part of Sortera Technologies and to contribute to the advancement of sustainable recycling practices.
  • Additionally, Sortera Technologies was recently named to TIME Magazine's List of America's Top GreenTech Companies of 2024, ranking 65 out of 250 companies.