Latest news with #NewHorizon
Yahoo
10 hours ago
- Business
- Yahoo
AM Best Upgrades Credit Ratings of New Horizon Insurance Company
OLDWICK, N.J., July 29, 2025--(BUSINESS WIRE)--AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to "a-" (Excellent) from "bbb+" (Good) of New Horizon Insurance Company (NHIC) (Houston, TX). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NHIC's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings upgrade for New Horizon reflects its trend of strong and consistent operating performance over the past three years, driven by modest loss and loss adjustment expense ratios that have resulted in favorable net income over this time-frame and have notably outperformed the commercial automobile composite averages. The company's strong operating performance is further evidenced by pre-tax and total return on revenue and return on equity metrics that have reached the double-digit level in four of the past five years. This has resulted in five-year averages for these metrics that compare favorably with respective peer averages by a wide margin. These favorable trends continued through the first quarter of 2025, resulting in reported underwriting and net income. New Horizon has successfully grown its premium base in recent years through rate increases and organic growth across all lines and is expected to continue to do so over the near-term. New Horizon's strong operating results have been accretive to the balance sheet strength, with risk-adjusted capital and underwriting leverage metrics improving as its capital has accumulated in recent years. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. 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 Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments. AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit Copyright © 2025 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED. View source version on Contacts Justine Aimone Financial Analyst +1 908 882 1595 Janet Hernandez Senior Financial Analyst +1 908 882 1890 Christopher Sharkey Associate Director, Public Relations +1 908 882 2310 Al Slavin Senior Public Relations Specialist +1 908 882 2318
Business Wire
17 hours ago
- Business
- Business Wire
AM Best Upgrades Credit Ratings of New Horizon Insurance Company
BUSINESS WIRE)-- AM Best has upgraded the Financial Strength Rating to A- (Excellent) from B++ (Good) and the Long-Term Issuer Credit Rating to 'a-' (Excellent) from 'bbb+' (Good) of New Horizon Insurance Company (NHIC) (Houston, TX). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NHIC's balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM). The ratings upgrade for New Horizon reflects its trend of strong and consistent operating performance over the past three years, driven by modest loss and loss adjustment expense ratios that have resulted in favorable net income over this time-frame and have notably outperformed the commercial automobile composite averages. The company's strong operating performance is further evidenced by pre-tax and total return on revenue and return on equity metrics that have reached the double-digit level in four of the past five years. This has resulted in five-year averages for these metrics that compare favorably with respective peer averages by a wide margin. These favorable trends continued through the first quarter of 2025, resulting in reported underwriting and net income. New Horizon has successfully grown its premium base in recent years through rate increases and organic growth across all lines and is expected to continue to do so over the near-term. New Horizon's strong operating results have been accretive to the balance sheet strength, with risk-adjusted capital and underwriting leverage metrics improving as its capital has accumulated in recent years. This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. 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 Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
Style Blueprint
13-07-2025
- Entertainment
- Style Blueprint
Your First Look at BNA's New Dining & Shopping Options (Open Now!)
Share with your friends! Pinterest LinkedIn Email Flipboard Reddit Whether you're arriving in Nashville or heading out on your next big adventure, there are a few new reasons to get to the airport early. The latest addition to BNA's New Horizon growth plan has officially landed, and it brings eight brand-new dining and shopping destinations to the Concourse D extension — plus a few newly unveiled works of art. Here's your first look! New Restaurants & Shops 3rd & Broadway: A twist on the beloved downtown staple, this new outpost offers everything from locally made gifts to wearable souvenirs, making it a one-stop shop for iconic Music City keepsakes. A twist on the beloved downtown staple, this new outpost offers everything from locally made gifts to wearable souvenirs, making it a one-stop shop for iconic Music City keepsakes. Sandella's Flatbreads: Offering fresh flatbreads, artisanal coffee from Caffé Umbria, and refreshing juices, this is a delicious stop for travelers craving something healthy and flavorful. Offering fresh flatbreads, artisanal coffee from Caffé Umbria, and refreshing juices, this is a delicious stop for travelers craving something healthy and flavorful. The Castle: Inspired by GEODIS Park, this sporty stop is a tribute to Nashville SC, offering elevated bites and beverages. Inspired by GEODIS Park, this sporty stop is a tribute to Nashville SC, offering elevated bites and beverages. New Heights Cantina & Taqueria: From the experts behind New Heights Brewing, local beer meets bold flavors at this eatery. You'll find made-to-order tortillas, scratch-made salsas, and a breakfast menu well worth waking up for. Pin Pin Flytes Virtual Dining Hall: This tech-forward dining concept brings together restaurant chains like California Pizza Kitchen and Earl of Sandwich into one seamless, scratch-made experience. This tech-forward dining concept brings together restaurant chains like California Pizza Kitchen and Earl of Sandwich into one seamless, scratch-made experience. Nashville Tracks by Hudson: Equal parts gift shop and tribute to Music City's spirit, this retail stop features everything from craft spirits and local goods to must-have travel snacks. Equal parts gift shop and tribute to Music City's spirit, this retail stop features everything from craft spirits and local goods to must-have travel snacks. Daniel Diamond: Known for glitzy fringe jackets and rhinestone everything, Daniel Diamond is the go-to brand for country music stars, bachelorettes, and shoppers looking to sparkle their way through the terminal. Known for glitzy fringe jackets and rhinestone everything, Daniel Diamond is the go-to brand for country music stars, bachelorettes, and shoppers looking to sparkle their way through the terminal. Martini: This stylish new lounge serves expertly shaken cocktails, flatbreads, sandwiches, and Frothy Monkey coffee. It's the perfect place to toast the start or end of your trip. Pin New Local Artwork But that's not all! The Concourse D extension also debuts BNA's first outdoor terrace, offering sweeping views of the airfield and the Nashville skyline, plus a brand-new record node rotunda. The space is also a love letter to Nashville's vibrant arts scene, featuring three pieces of original artwork: 'Twine with my Mingles' by Elizabeth Williams of New Hat Projects: A colorful 180-foot installation made from loom-woven wristbands lining the moving walkway. A colorful 180-foot installation made from loom-woven wristbands lining the moving walkway. 'A Thread Without End' by Benjamin Ball: 620 suspended stainless steel spheres that bring eye-catching movement and elegance to the gate area. 620 suspended stainless steel spheres that bring eye-catching movement and elegance to the gate area. 'Our Radiant City' by Brenda Stein: A terrazzo masterpiece featuring shimmering depictions of Nashville landmarks around the rotunda. Pin Fresh off receiving the 2025 ACI-NA Richard A. Griesbach Award for Excellence in Airport Concessions, BNA shows no signs of slowing down. If this is what layovers look like now, we'll gladly take the long route every time. Safe travels! ********** Planning a trip? Explore our Travel section, which offers travel tips, getaway ideas, and more. About the Author Brianna Goebel Brianna is StyleBlueprint's Associate Editor and Sponsored Content Manager. She is an avid fan of iced coffee and spends her free time reading romance novels.
UPI
12-07-2025
- Science
- UPI
Pluto photos from NASA's New Horizons still captivating scientists decade later
NASA's New Horizon spacecraft captured this image of Pluto on July 14, 2015, showing the planet's diversity of geological and compositional features. File Photo courtesy of NASA | License Photo For decades, Pluto remained one of the most mysterious objects in our solar system, until July 14, 2015, when NASA's New Horizons spacecraft became the first mission to visit it up close, capturing breathtaking images of the distant world. It took over nine years for New Horizons to reach Pluto after blasting off atop an Atlas 5 rocket on Jan. 19, 2006. After traveling billions of miles through the solar system, New Horizons sent home stunning images of Pluto and its moons, making headlines around the world. It took more than 15 months for the spacecraft to send all of the 6.25 gigabytes of photos and data home for scientists to study. "Such a lengthy period was necessary because the spacecraft was roughly 4.5 light-hours from Earth and it could only transmit 1-2 kilobits per second," NASA said. Here are some of the best images of Pluto and its moon Charon: A composite of enhanced color images of Pluto (lower right) and Charon (upper left), taken by NASA's New Horizons spacecraft as it passed through the Pluto system on July 14, 2015. Photo courtesy of NASA This image of haze layers above Pluto limb was taken by NASA New Horizons spacecraft. About 20 haze layers are seen. Photo courtesy of NASA Pluto nearly fills the frame in this image from NASA's New Horizons spacecraft. The image was taken on July 13, 2015, when the spacecraft was 476,000 miles (768,000 kilometers) from the surface. Photo by NASA, Johns Hopkins University Applied Physics Laboratory and Southwest Research Institute NASA New Horizons scientists believe that the informally named feature Wright Mons, located south of Sputnik Planum on Pluto, and another, Piccard Mons, could have been formed by the cryovolcanic eruption of ices from beneath Pluto's surface. Photo courtesy of NASA and JPL A detailed global mosaic color map of Pluto is based on a series of three color filter images obtained by the Ralph/Multispectral Visual Imaging Camera aboard New Horizons during the NASA spacecraft's close flyby of Pluto in July 2015. Photo by NASA and JPL The International Astronomical Union (IAU), the internationally recognized authority for naming celestial bodies and their surface features, approved names of 14 surface features on Pluto in August 2017. Image from NASA, Johns Hopkins University Applied Physics Laboratory and Southwest Research Institute An enhanced color mosaic of Pluto taken approximately 15 minutes before New Horizons' closest approach to Pluto. Image by NASA, Johns Hopkins University Applied Physics Laboratory and Southwest Research Institute This image was made just 15 minutes after New Horizons' closest approach to Pluto on July 14, 2015, as the spacecraft looked back at Pluto toward the sun. Photo courtesy fo NASA and JPL The Pluto flyby changed what astronomers thought they knew about that tiny world. Instead of being just a cold rock, Pluto turned out to have ice mountains as tall as the Rockies, strange heart-shaped plains and even signs of possible underground oceans. The mission also gave us our first close-up look at Pluto's largest moon, Charon, which has deep canyons and a huge dark spot at the pole. It was like discovering a whole new world hiding at the edge of our solar system.
Miami Herald
02-07-2025
- Business
- Miami Herald
New Horizon Medical Solutions Adds AmchoPlast(TM) to its Industry-Best Product Portfolio
Next‑Gen Amnio-Chorionic Membrane for Enhanced Wound Care is Latest Offering in a Slew of New Products Focused on Increasing Patient Care LAS VEGAS, NV / ACCESS Newswire / July 1, 2025 / New Horizon Medical Solutions, a leader in advanced biologics and wound care innovation, today announced the launch and addition of AmchoPlast™ to its product portfolio. AmchoPlast is a premium amniotic‑chorionic membrane (amnion - chorion with intermediate layer) product designed to elevate outcomes across surgical and chronic wound indications. "AmchoPlast strengthens our pipeline of compliant, performance-driven biologics that align with modern wound care protocols," said Will Hall, CEO, New Horizon Medical Solutions. "This launch reflects our commitment to regenerative medicine, practice optimization, and elevating standards of care." Delivering superior benefits and practice optimization Engineered with amiotic-chorionic tissue, AmchoPlast serves as a natural biologic scaffold and barrier, supporting advanced wound care and non-immunogenic, the membrane is safe for a diverse patient population and a wide range of wound construction provides enhanced handling properties and slower degradation compared to single or bi-layer membranes Designed for clinical workflow and reimbursement ease Supplied in a sterile, ready-to-use format, AmchoPlast cuts procedural prep time and minimizes infection at room temperature, it supports versatile storage for hospitals, clinics, or mobile easy-to-handle, and available in multiple sizes, it facilitates precise application and reduces product wastage. "The addition of AmchoPlast cements our portfolio as the most complete in the biologics space," said D. Christopher Keil, SVP, strategy & corporate development. "We now offer providers and partners the broadest range of choices when selecting regenerative solutions from New Horizon." About AmchoPlast™ AmchoPlast, from Cellution Biologics, combines the power of amniotic and chorionic tissues with intermediate layer in a tri-layered construct. Intended to act as a barrier and provide protective coverage from the surrounding environment for acute and chronic wounds such as partial and full thickness wounds, pressure sores/ulcers, venous ulcers, diabetic ulcers, chronic vascular ulcers, tunneled/undermined wounds, surgical wounds (e.g., donor site/grafts, post-laser surgery, post-Mohs surgery, podiatric wounds, wound dehiscence), trauma wounds (e.g., abrasions, lacerations, partial thickness burns, skin tears), and draining wounds. For more information on the product, visit or contact New Horizon Medical Solutions directly at 702-960-2913. About New Horizon Medical Solutions New Horizon Medical Solutions is at the forefront of biologic innovation and practice optimization. The company develops regenerative tissue products supported by reimbursement expertise and operational efficiency, empowering providers to improve patient outcomes while maintaining compliance. --Media Contact Julian Rogers, Director of Corporate MarketingNew Horizon Medical SOURCE: New Horizon Medical Solutions
