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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

Legislature passes $50.6B budget; political, business leaders react

The New Jersey Legislature passed the state's $50.6 billion budget Wednesday, with both the state Senate and Assembly voting to send the plan to...

NAI Hanson sells industrial/flex building in Upper Saddle River; food distributor to move HQ...

NAI James E. Hanson negotiated the sale of a 12,000-square-foot industrial/flex property at 20 Industrial Ave. in Upper Saddle River. NAI Hanson’s Justin Allessio represented...

CBRE’s Mid-Atlantic Net Lease Property Group sells 35 properties totaling nearly $100M

The first half of 2022 has proved successful for CBRE's Mid-Atlantic Net Lease Property Group, which sold 35 properties across nine U.S. states, including...

Civilian acts and special ticket info announced for August’s Atlantic City Airshow

The Meet AC Atlantic City Airshow announced its civilian acts, which will take to the skies above Atlantic City’s beaches on Aug. 24. What...

BPU approves PSE&G’s Infrastructure Advancement Program

The New Jersey Board of Public Utilities on Wednesday approved Public Service Electric & Gas' Infrastructure Advancement Program. The state's largest utility is expected...