Pru names new chief actuary to replace retiring SVP

Prudential Financial Inc. has a new chief actuary. Candace Woods will succeed the retiring Richard Lambert as senior vice president and chief actuary of the Newark-based financial services company. Lambert will retire next year. “Rich has been...

Edison Partners investment firm exits Canadian cybersecurity company

Edison Partners has announced the successful exit of Ontario-based cybersecurity services eSentire. “After 26 consecutive quarters of growth, it’s clear that eSentire has a proven, high-demand business model and solution that will continue to propel...

Small business showcase a key to new partnership between M&T, Jets

When the New York Jets and M&T Bank began talking about a business partnership months ago, they started with the traditional items a sports team and a bank could work on together: signage at...

NJM’s Flynn on preparing for hurricanes, future of flood insurance

As New Jersey residents brace this week for the potential impact of Hurricane Jose, New Jersey Manufacturers CEO Bernie Flynn said his company is ready to handle any claims that are the result of...

First Bank, Bucks County Bank wrap up their merger

First Bank has completed its merger with Bucks County Bank, expanding the Mercer County-based institution’s reach in Pennsylvania. Taking over the Doylestown, Pennsylvania, bank will add four full-service locations in Doylestown, Warminster, Bensalem and Levittown,...

Peapack-Gladstone Financial acquiring Fairfield firm Quadrant

Peapack-Gladstone Financial Corp. is expected to buy a Fairfield boutique financial firm by the end of the year. Peapack-Gladstone, the Bedminster-based parent company of Peapack-Gladstone Bank, says it expects immediate earnings after the undisclosed purchase...

Chubb promotes Global Casualty executive to EVP

The country’s largest commercial insurer has announced a new executive vice president. Lou Capparelli will serve in Chubb's Global Casualty business unit, which covers domestic and foreign casualty insurance coverage for national and multinational companies...

Gallagher bolsters Morris County office with deal for insurance agency

International insurance brokerage Arthur J. Gallagher & Co. has acquired a Flemington-based insurance agency. Franklin-Case Agency’s L. Kipp Case, Anthony “Butch” Franklin and their associates will move from Flemington in Hunterdon County to Gallagher’s Whippany,...

Summit’s Specialty Program Group acquires Calif. brokerage

Specialty Program Group LLC has acquired a California-based brokerage firm. The Summit-based holding company for specialty insurance underwriting and managing general agent facilities, has taken on Monarch E&S Insurance Services, out of Burbank, California. Terms of...

Northfield Bank hires EVP, chief administrative officer

Northfield Bank has named a new executive vice president and chief administrative officer, the Woodbridge-based bank said recently. In her new positions, Tara French will be responsible for overseeing corporate governance, strategic planning and risk...

Latest Articles

Murphy: Rumblings of potential lockdown are just ‘rumors’ — says N.J. is not in...

Gov. Phil Murphy said residents shouldn’t listen to rumors regarding a second state shutdown — that New Jersey has more options than it did...

Murphy rips McKinsey: ‘The notion of putting a price on somebody’s life is so...

Gov. Phil Murphy spoke in unusually harsh terms about McKinsey & Co. regarding a report in the New York Times that said the consulting...

Minor league baseball returning to Trenton as it lands founding team in MLB Draft...

Minor league baseball is returning to Trenton. And it will feature top prospects — and wood bats. Weeks after the city lost its longtime Double-A...

Hoboken education business makes acquisition

EducationDynamics, a Hoboken-based higher education marketing and enrollment management business, has acquired a higher ed portal, it announced Monday. The company said in a news...

Ascena Retail Group selling Ann Taylor, Lane Bryant and other remaining brands to private-equity...

Ascena Retail Group Inc. is wrapping up the selloff of its assets, announcing it has reached an agreement for the remaining four of its...