Category: News Updates

WSFS Financial Corporation and Penn Liberty Financial Corp. have signed a definitive agreement and plan of reorganization whereby WSFS Financial Corporation will acquire Penn Liberty Financial Corp. Upon the closing of the transaction, Penn Liberty Bank, the wholly owned bank subsidiary of Penn Liberty, will merge into WSFS Financial Corporation’s wholly owned bank subsidiary, WSFS…

Thirteen out of every 100 Delawareans will be on the road this Thanksgiving holiday – just slightly more than last year. Most of them will drive to their dinner – about 116,016, while 9,356 or about 1 percent, will fly. More than 128,000 Delawareans will travel 50 miles or more this Thanksgiving, according to AAA…

In its commitment to meeting the health care needs of its neighbors, Christiana Care Health System today announced plans to transform health care for women, children and infants throughout the state with a $260 million enhancement project at Christiana Hospital. A new Women and Children’s building —  developed in collaboration with patients and their families…

RANDALL CHASE, Associated Press NEWARK, Del. (AP) — A Greek-born engineer with a long academic pedigree and an interest in clean-energy technology has been named the new president of the University of Delaware. University trustees unanimously approved the appointment of Dennis Assanis on Wednesday following the unanimous recommendations of a 15-member search committee and the…

Dover, Del.  – Insurance Commissioner Karen Weldin Stewart  approved the Delaware Compensation Rating Bureau (DCRB)’s workers’ compensation amended rate filing, resulting in an overall average increase of 7.09% in residual market rates and 7.20% in voluntary market loss costs. The DCRB originally proposed overall increases of 14.92% for the residual market plan and 15.03% for…