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A.M. Best Affirms Ratings of Safety Insurance Group, Inc. and Its Subsidiaries

Posted by | May 22, 2012 .

OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit ratings (ICR) of “a” of the subsidiaries of Safety Insurance Group, Inc.: Safety Insurance Company, Safety Indemnity Insurance Company and Safety Property and Casualty Insurance Company, collectively known as Safety Group (Safety). Concurrently, A.M. Best has affirmed the [...]

AHF: House of Representatives Trumps Administration on Global AIDS, Budgets $193M More for Global AIDS Funding Than White House

Posted by | May 22, 2012 .

WASHINGTON–(BUSINESS WIRE)–AIDS Healthcare Foundation (AHF), which provides AIDS care and treatment services to more than 166,000 individuals in 26 countries worldwide, lauded the U.S. House of Representatives for budgeting $193 million more to global AIDS programs in the 2013 Foreign Operations Appropriations Bill than President Obama proposed. Despite a 5%, or $2 billion, reduction in [...]

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Posted by | May 21, 2012 .

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Fitch: US Investors Are Outlet for EU Infrastructure, at a Price

Posted by | May 19, 2012 .

NEW YORK–(BUSINESS WIRE)–Fitch Ratings expects the rise in U.S. investor interest in European Community (EC) infrastructure products to be tempered by several structural and regulatory challenges. Issuers of project and infrastructure debt in the EC are facing substantially less bank financing capacity than anticipated and are seeking capital markets options to fund investment. Regulatory hurdles, [...]

Hudson Pacific Properties, Inc. Updates 2012 Outlook

Posted by | May 19, 2012 .

LOS ANGELES–(BUSINESS WIRE)–Hudson Pacific Properties, Inc. (the “Company”) (NYSE: HPP) today revised its full-year 2012 FFO guidance to a range of $0.83 to $0.87 per diluted share (excluding acquisition-related expenses), compared to the prior 2012 FFO guidance range of $1.00 to $1.04 per diluted share. The Company recently completed the public offering of 13,225,000 shares [...]

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