Kentucky American Water to Upgrade Water Infrastructure in Lisa Drive Area of Lexington with $1.4 Million Investment
Prnewswire· 2026-03-23 15:56
Core Points - Kentucky American Water is investing approximately $1.4 million to upgrade water infrastructure in Lexington, specifically on Lisa Court, Lisa Drive, and Allen Drive, including several surrounding areas [1][2] - The project involves replacing about 3,300 feet of aging water main, originally installed in the 1960s, with new 6-inch and 8-inch ductile iron mains to ensure reliability, water quality, and fire protection [1][2] Investment and Infrastructure - This investment is part of Kentucky American Water's ongoing commitment to enhance water infrastructure, aiming to reduce service interruptions and improve water flow for homes and businesses [2] - The upgrades are designed to provide long-term value by reinforcing the water system that customers rely on daily [2] Construction Details - Construction is set to begin this month, with crews working Monday through Friday from 8 a.m. to 6 p.m., while maintaining access to homes and businesses [3] - Temporary surface restoration will be provided during excavation, with permanent restoration scheduled after soil settling and weather conditions permit [3][4] Contractor and Safety Measures - The work will be performed by local contractor Lagco, Inc., with traffic control coordinated with local authorities to ensure safety [4] - Motorists are advised to exercise caution near work zones, and emergency vehicle access will be maintained at all times [4] Company Background - Kentucky American Water, a subsidiary of American Water, serves approximately 550,000 people and is dedicated to providing safe, clean, reliable, and affordable water and wastewater services [6] - American Water is the largest regulated water and wastewater utility company in the U.S., serving around 14 million people across 14 states and 18 military installations [5]
Flagship Verisk Insurance Conference Convenes Leaders to Explore the Future of Insurance, Data and AI
Globenewswire· 2026-03-23 15:54
Core Insights - The Verisk Insurance Conference (VIC2026) is taking place in Las Vegas, focusing on the evolving risk environment and the increasing demand for trusted data, analytics, insights, and responsible AI in the insurance industry [1][2] Industry Trends - The insurance industry is experiencing rapid shifts in risk, regulation, technology, and client expectations, necessitating shared insights and interoperable solutions [2] - The conference serves as a platform for industry leaders to discuss the application of data, analytics, and AI in a responsible manner, emphasizing the importance of human judgment and trusted information [2][3] Technological Innovations - Verisk supports underwriting, claims, and risk workflows with regulatory-grade data and analytics, built on strong data governance and compliance practices [3] - The agenda includes discussions on how organizations can incorporate automation and AI responsibly, focusing on human judgment, change management, and data quality [4] Practical Applications of AI - The Solutions Gallery at the conference showcases live demonstrations of AI integration into insurance workflows, including underwriting, catastrophe modeling, and life and annuity processes [5][6] - AI applications highlighted include GenAI-powered underwriting for transforming unstructured submissions, conversational AI for navigating complex product questions, and AI-powered data automation for improving operational efficiency [7] Strategic Importance - The conference aims to enhance resilience in the insurance sector by providing clearer visibility into emerging hazards through advanced modeling and AI-driven techniques [7][8] - Verisk positions itself as a strategic partner to the global insurance industry, helping clients improve operational efficiency and make informed decisions regarding global risks [8]
Standard Dental Labs Inc. Engages Strategic Advisor to Support Lab Acquisition Strategy
Globenewswire· 2026-03-23 15:35
Group 1 - Standard Dental Labs Inc. has entered into an agreement with EMAC Capital LLC to provide strategic advisory services and facilitate introductions to potential funding sources for the ongoing acquisition of dental labs [1] - The company intends to pursue up to $3 million in funding through various structures, including structured debt or equity, to support its strategy of acquiring additional laboratories [2] - EMAC's role is limited to general advisory support and potential introductions to funding sources, with no involvement in the solicitation of investments or execution of securities transactions [3] Group 2 - The company remains focused on identifying and acquiring dental laboratories that align with its operational model and long-term growth objectives [4] - Standard Dental Labs Inc. is building a network of dental laboratories aimed at delivering high-quality dental prosthetics and services to dental professionals across the United States, with a growth strategy centered on acquiring established independent laboratories [6]
Urbana Corporation Announces Additional Investment in Tetra Digital Group
Globenewswire· 2026-03-23 15:34
Core Viewpoint - Urbana Corporation has made an additional investment of $2 million in Tetra Digital Group Inc., enhancing its majority equity interest in the company, which is focused on digital technology and financial services in Canada [1][3]. Group 1: Investment Details - The funds raised in Tetra's new round of equity financing will be utilized for ordinary working capital, including the launch of a Canadian dollar-backed stablecoin and the development of proprietary technology [1]. - The participation of third-party investors in the New Financing established a new fair market price for Tetra shares, leading to an increase in Urbana's investment valuation by approximately $18.2 million [2]. - This valuation increase resulted in a rise in Urbana's net assets per share by approximately 44 cents, representing a 3.5% increase [2]. Group 2: Company Background - Urbana Corporation is a diversified entity focusing on financial services, information services, and innovative technologies, aiming for capital appreciation through private investments and publicly traded securities [4]. - Tetra Digital Group is recognized as Canada's leading institutional digital technology and financial services provider, focusing on building digital asset infrastructure that combines regulatory excellence with technological innovation [5].
JUSDA Europe Strengthens Expansion in the Balkans: Connecting Key Logistics Players at the Czech Embassy in Belgrade
Globenewswire· 2026-03-23 15:09
Core Insights - The event hosted by JUSDA Europe aimed to strengthen logistics collaboration between Czech and Serbian partners, focusing on transportation and supply chain sectors [1] - JUSDA Europe emphasizes its role as a partner rather than a competitor, aiming to connect local players to global markets and create job opportunities in Serbia [2] - The company positions itself as a comprehensive integrator and solution designer, offering tailored logistics solutions to enhance efficiency in the supply chain [3] Group 1: Event Overview - The "JUSDA Europe Industry Dialogue" gathered representatives from logistics firms, industrial enterprises, and key institutions to discuss collaboration opportunities and operational challenges [1] - The event highlighted the importance of fostering commercial collaboration between Czech and Serbian businesses, with a focus on creating concrete partnerships [5] Group 2: Strategic Goals - JUSDA Europe is expanding its footprint in Serbia as part of a broader strategy to build regional alliances and connect European and Asian supply chains [6] - The company aims to establish long-term partnerships with local enterprises, viewing the Western Balkans as a vital logistics hub for global supply chains [7]
Stolt-Nielsen Limited Distributes Material for the 2026 Annual General Meeting of Shareholders
Globenewswire· 2026-03-23 15:00
Core Points - Stolt-Nielsen Limited has made materials for its Annual General Meeting available to shareholders [1] - The meeting is scheduled for April 16, 2026, at the company's registered office in Bermuda [2] - Proxy votes must be submitted by April 14, 2026, and shareholders are encouraged to email scanned copies of their proxies [2] Group 1 - The Annual General Meeting will take place at Clarendon House, Hamilton, Bermuda, at 10:00 a.m. local time [2] - Shareholders of record as of March 20, 2026, are entitled to vote at the meeting [1] - Materials for the meeting can be accessed online or will be mailed to those who requested a physical copy [1] Group 2 - Proxy votes should be sent to DNB Bank ASA, Registrars Dept., Oslo, Norway, or via email [2] - Contact information for the Chief Financial Officer, Jens F. Grüner-Hegge, is provided for additional inquiries [3] - The information is subject to disclosure requirements under the Norwegian Securities Trading Act [3]
Roche inaugurates new research home for the Institute of Human Biology, pioneering human model systems to accelerate drug discovery and development
Globenewswire· 2026-03-23 15:00
Core Insights - Roche inaugurated the Institute of Human Biology, marking a significant step in its strategy to enhance drug discovery and development through human model systems [1][2] Investment and Commitment - Roche invests approximately CHF 3.5 billion annually in research, reinforcing its commitment to Switzerland as a global innovation hub [2] - The company is currently investing CHF 1.4 billion in site development in Basel and Kaiseraugst, with a total investment of around CHF 41 billion in Switzerland over the last decade [4][9] Institute of Human Biology (IHB) - The IHB aims to revolutionize medicine by combining human organoid models with artificial intelligence, enhancing the predictability and efficiency of drug development [2] - The institute focuses on advanced human model systems, including organoids and in silico modeling, to better understand human diseases and accelerate therapeutic development [5] - The facility will accommodate up to 250 researchers and is designed to foster interdisciplinary collaboration [3] Research and Development Focus - IHB's research integrates human disease biology, computational biology, and translational bioengineering to create sophisticated models that replicate human disease biology [2] - The institute aims to bridge the gap between fundamental research and industry applications, facilitating rapid translation of scientific discoveries into patient-focused solutions [5]
FG Nexus CEO of Digital Assets Maja Vujinovic to Serve as Speaker and Co-Chair at FII Priority Miami 2026
Globenewswire· 2026-03-23 14:35
Core Insights - FG Nexus is actively participating in the 2026 FII Priority Miami conference, focusing on the role of digital assets and stablecoins in global finance [1][2][3] Group 1: Conference Participation - CEO of Digital Assets, Maja Vujinovic, will co-chair a conclave titled "Do Digital Assets Require Centralized Control to Scale" on March 25, 2026 [2] - Vujinovic will also participate in a panel discussion on "How Will Stablecoins Redefine Global Finance" on March 26, 2026, alongside notable industry leaders [2] Group 2: Industry Insights - Vujinovic emphasized that stablecoins are becoming a tool of economic statecraft, influencing capital flows, trade settlement, and competitive positioning of nations [3] - The FII Priority Miami conference aims to address economic resilience and cross-border investment, with a focus on sustainable and inclusive growth in the Americas [3] Group 3: Company Overview - FG Nexus is focused on building a digital asset treasury and a platform for tokenizing real-world assets, aiming to enhance treasury yield through staking ETH and other yield strategies [4]
New long-term care rider from Aflac offers flexibility and added security
Prnewswire· 2026-03-23 14:17
Core Insights - Aflac has introduced a new long-term care rider as part of its Group Life Term to 120 product, aimed at providing financial protection against rising long-term care costs for aging Americans [1][5] - The product is designed to meet the growing need for life insurance and long-term care planning as the U.S. population ages, with projections indicating that 1 in 6 Americans will be over 60 by 2030 [2][3] Product Features - The new long-term care rider offers flexibility, allowing insured individuals to choose between home-based care, facility-based care, or care from family and friends, thus catering to personal preferences [3][4] - Key benefits include optional extensions of the LTC benefit period, restoration of life insurance amounts after LTC funding, inflation protection, and various payment options [6][4] Market Context - The introduction of this product aligns with the demographic shift known as the "Silver Tsunami," where baby boomers are reaching retirement age, increasing the demand for long-term care solutions [2][3] - Aflac's initiative is positioned to help employers attract and retain talent by offering benefits that provide security and choice to employees [4][5]
JSC ‘Siguldas ciltslietu un mākslīgās apsēklošanas stacija’ Audited Annual Report for 2025
Globenewswire· 2026-03-23 14:10
The Company’s net turnover in 2025 was 1.9 million euros, which is by 286.6 thousand euros or 17.3 % more than in 2024. The proportionality of the income from the basic occupation has slightly changed compared to 2024 – revenue from the sale of goods and services in the genetics industry has increased and accounted for 76.8 % of the net turnover, while the income from the services of milk analysis and monitoring data processing has decreased - they totalled 18.1 % from net turnover. 2025 ended with a profit ...