Tag: risk management

VICTORIA, Seychelles, June 12, 2025 (GLOBE NEWSWIRE) -- MEXC, a leading global cryptocurrency exchange, has unveiled a groundbreaking $100 million Guardian Fund to enhance user safety and trust across its platform. This fund is designed to provide a strong safeguard for users facing severe security threats, such as large-scale exploits, targeted attacks, or unforeseen system vulnerabilities. In a move toward greater accountability, MEXC has made the fund fully transparent by disclosing wallet addresses publicly—setting a new industry standard for proactive risk management and user protection.

DALLAS, June 11, 2025 (GLOBE NEWSWIRE) -- Lewis & Ellis, Inc. ("Lewis & Ellis"), a leading actuarial consulting firm, announced today it is joining forces with Huggins Actuarial Services, Inc. ("Huggins"), significantly expanding their combined actuarial capabilities within the property & casualty (P&C) insurance market. This partnership unites two highly respected firms dedicated to providing innovative actuarial solutions and exceptional client service.

DAYTONA BEACH, Fla., June 10, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (“Brown & Brown” or the “Company”) today announced the pricing of its public offering of 39,215,686 shares of its common stock (the “common stock”), par value $0.10 per share, at a price to the public of $102.00 per share, for an aggregate offering amount of $4 billion. The offering is expected to close on June 12, 2025, subject to the satisfaction of customary closing conditions. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $400 million in shares of common stock at the public offering price, less underwriting discounts.

CALGARY, Alberta, June 10, 2025 (GLOBE NEWSWIRE) -- Canoe Financial LP (“Canoe Financial”) today announced changes to two of its investment funds.