Business insurance has been at the backbone of businesses large and small for centuries. In fact, it was available at the end of the 17th century, when London’s growing importance as a center for trade was increasing demand for marine insurance. And, enterprises learned, even then, that if they were forced to close following a disaster, they ran the risk of never opening their doors again.
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Money
Cure needed
Worldwide, commercial insurance pricing increased for the 11th consecutive quarter in Q2 of 2020, according to the most recent Global Insurance Market Index released by Marsh LLC, a global insurance broking and risk management company.
Read More »Marketing vet Johnson tapped as Prudential’s new CMO
Susan Somersille Johnson will be in charge of leading the company’s global marketing and brand strategy and helping to drive profitable growth.
Read More »Kearny Bank elevates Anastasi to Government & Business Banking leader
Since joining the financial institution in 2018, Jack Anastasi has restructured the Business Banking department – which now includes 12 business relationship officers – and expanded the Government Banking portfolio.
Read More »NJBIZ Conversations: Panelists offer advice to small businesses on coping with the pandemic
Dale Caldwell executive director of the FDU Rothman Institute of Innovation and Entrepreneurship; Andrew Frazier, founder of SmallBusinessLikeAPro.com; Jill Johnson, CEO of the Institute for Entrepreneurial Leadership; and Wendy Oliveras, founder of Shess Global Alliance LLC participated in the virtual discussion.
Read More »Sturdy Savings Bank promotes Eisele to CFO
Lisa Eisele was elevated to the position following an announcement last week that longtime Chief Financial Officer Greg Matuson would become chief operating officer.
Read More »Murphy critical of NYSE’s potential NJ exit over prospective tax
Most of the major stock exchanges operate their electronic trading out of New Jersey. And a number of them are voicing opposition to a proposal to impose a levy on high-frequency trades that is gaining ground in the state.
Read More »Investors Bank adds $90.4M in recent CRE loans in NJ
The recently closed 11 large commercial real estate financing transactions, with a total value of $227 million.
Read More »2 out of 3 CPAs see adult-use cannabis as good for NJ economy
A new report from the New Jersey Society of Certified Public Accountants finds 2 out of 3 professionals surveyed expect legalization - should voters approve the ballot measure during November's general election - to help the state's finances.
Read More »PNC Bank New Jersey Regional President Bowden to retire
The state has consistently been a top-performer under Linda Bowden's leadership, according to the company.
Read More »Sturdy Savings Bank promotes Matuson from CFO to COO
Gregory Matuson has been executive vice president and chief financial officer at the financial institution for the past 14 years.
Read More »Sax’s move to Parsippany, pushed due to COVID, on track for year’s end
The accounting and advisory firm is set to occupy over 39,000 square feet at Latitude from Vision Real Estate Partners and Rubenstein Partners LP.
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