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Malvern FSB names N.J. lawyer as SVP, general counsel

A New Jersey attorney has been appointed senior vice president and general counsel for Malvern Federal Savings Bank. Rona E. Korman previously served as general counsel and chief risk officer of Center Bancorp Inc. She brings...

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...

Latest Articles

Murphy signs ‘Fair Chance in Housing Act’

Landlords in New Jersey will be barred from asking about criminal history on housing applications in most instances, according to legislation signed Friday by...

Building that needs no introduction: Department of Health HQ to be named for Persichilli

In recognition of her service to the people of New Jersey during the COVID-19 pandemic, the state’s top officials announced Friday that the new...

Borgata announces charter flights to A.C. through MGM program

The Borgata Hotel Casino & Spa announced Friday a partnership with Sun Country Airlines that it hopes will attract out-of-state players from 75 departure...

For Estabrook, $3M donation to Monmouth Medical Center is personal

It was a few days after her husband had suffered a debilitating stroke that would eventually cost him his life. Anne Evans Estabrook was sitting...

Columbia Bank to acquire Freehold Bank through merger agreement

The parent of Columbia Bank has signed a merger agreement to acquire Freehold Bank, it announced this week. Columbia Bank MHC, the mutual holding company...