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Tampa insurer gets rating upgrades

AM Best upgraded ratings for Auto Club Insurance Co. of Florida. The Tampa insurer now has an “A-“ (excellent) financial strength rating and an “a-“ long-term issuer credit rating, reflecting a strong balance sheet and operating performance, AM Best said.

Court confirms Catalina bankruptcy plan

Catalina expects to emerge from Chapter 11 in the coming weeks, after a bankruptcy judge in Delaware confirmed the company’s reorganization plan. The St. Pete-based digital media company filed for bankruptcy in early December so it could cut debt.

USF opens plaza celebrating diversity

The University of South Florida will officially unveil a new National Pan-Hellenic Council (NPHC) Commemorative Plaza during a ribbon cutting ceremony on campus this week. USF is the first non-historically black college in Florida with this type of physical representation.

Best workplaces for commuters

The city of St. Petersburg and St. Petersburg College are among 300 organizations on the 2019 Best Workplaces for Commuters list. The program is managed by the Center for Urban Transportation Research at USF.

Innovative Foodservice buys JES

Innovative Foodservice Group in Tampa bought JES Restaurant Equipment Inc. in Greenwood, S.C. for an undisclosed price. Innovative — formerly known as BJ Beltram and a portfolio company of Trivest Partners — plans to pursue more add-on deals.

St. Pete group purchaser has a new name

Purchasing Services Inc., a group purchasing organization in St. Petersburg, has shorted its name to PSIvet. The new name reflects added programs and services for the 5,000 independent veterinary practices that are members.

Report quantifies impact of climate change in Tampa-St. Pete

The economy in Tampa-St. Pete could contract by 16.8 percent by 2099 from direct climate-change impacts, Brookings said. The report takes into account coastal property damage and mortality, among other factors.

iSocrates launches meetup

iSocrates is launching Digital First Fridays. The meetup series starts Friday, with Mayor Kriseman and the digital marketers from the Rays and the Lightning. The St. Pete EDC announced the tech firm has moved to St. Petersburg, as reported by St. Pete Catalyst.

Community Brands expands

Community Brands, a St. Pete software firm, has acquired AmericanChecked, Shield Screening and U.S. Information Search. Financial details were not disclosed. The deals deepen Community Brands’ background screening capabilities, a news release said.

USAA opens third Tampa office

Financial services provider USAA opened its second building in the Crosstown Center in Brandon. About 350 employees have moved into the facility, which can accommodate 1,100. USAA has 3,500 local workers, including at an office in New Tampa.

Where Tampa-St. Pete ranks among ‘best-performing cities’

Tampa-St. Pete ranks No. 30 in the new Milkin Institute best-performing cities report. The metro area dropped 15 spots from a year ago. The report measures job and wage growth, as well as high tech GDP gains.

Join PitchLyst at 1 Million Cups this Wednesday

Long running startup showcase 1 Million Cups will host PitchLyst this Wednesday, January 30th.  The event is hosted at the St Pete Greenhouse and kicks off at 9 a.m.

The St. Pete Catalyst

The Catalyst honors its name by aggregating & curating the sparks that propel the St Pete engine.  It is a modern news platform, powered by community sourced content and augmented with directed coverage.  Bring your news, your perspective and your spark to the St Pete Catalyst and take your seat at the table.

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