NJM Insurance Co., a New Jersey-based property-casualty insurer, announced that its senior vice president and chief financial officer will retire, effective Dec. 31.

“New Jersey has lost a giant today.” That was the sentiment expressed by Gov. Chris Christie in a statement Tuesday night upon hearing that former PSE&G President and longtime state Economic Development Authority Chairman Al Koeppe had died at the age of 70.

I didn't know who Al Koeppe was the first time he called. I had just started as editor of NJBIZ in 2013 and was trying to get my bearings in the world of New Jersey business after two decades of being immersed in the state's sports scene.

The New Jersey business community is reacting Tuesday to news that former PSE&G President and longtime New Jersey Economic Development Authority Chairman Al Koeppe has died.

Liberty Property Trust announced late Monday that it plans to immediately begin construction on the first phase of its $1 billion, mixed-use complex on the Camden Waterfront after completing the necessary assemblage of land and development rights.

Gov. Chris Christie paid a visit to Atlantic City Electric on Monday in Mays Landing to highlight that the merger between Exelon and the utility's parent company, Pepco Holdings Inc., has yielded customer benefits totaling $126 million.

According to the Federal Trade Commission, more than 3 million consumers filed fraud complaints last year. Debt collection, identity theft and imposter scams were the most common complaints. That's likely just a fraction of the fraud being perpetrated in this country.