Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
T5 Insurance uses technology to connect with clients
UTICA, N.Y. — Stephen Turnbull always knew he wanted to work in the insurance industry, and a year ago, he made his vision of creating a new insurance experience with a more modern approach a reality when he opened T5 Insurance Services. While his insurance agency has an office, located at 287 Genesee St., most […]
Connecticut insurance company plans growth in New York
A Connecticut insurance agency is growing its presence across the Northeast, including in New York state. Hartford–based Smith Brothers Insurance, LLC, which has Empire State offices in Owego, Rensselaer, Vestal, and Waverly, recently acquired the assets of the Palmer Family Insurance Agency in Marathon (Cortland County) from third-generation owner Cassie Mauser. The deal, which closed
SUNY’s new provost begins duties in November
ALBANY, N.Y. — He earned his doctorate in mechanical engineering from Syracuse University and will begin new duties as SUNY’s executive vice chancellor for academic affairs and provost on Nov. 6. The SUNY board of trustees appointed Melur (Ram) Ramasubramanian to the role. In addition, the board of directors of the SUNY Research Foundation also
New SUNY union pact with state runs through mid-2026
ALBANY, N.Y. — Members of United University Professions (UUP) have ratified a new four-year labor contract with New York State that runs until July 1, 2026. The union includes more than 37,000 SUNY system faculty and professional employees. The agreement won the approval of 96.4 percent of UUP members who cast ballots. “This contract fairly
N.Y.’s small-group health premiums to rise 7.4% on average in 2024
Health insurers serving New York state’s small-group market will raise their premiums by 7.4 percent, on average, in 2024 after an initial request of an average 15.3 percent increase. It represents a cut of 52 percent by the New York State Department of Financial Services (DFS), saving small businesses $607 million, DFS said in an
VIEWPOINT: NLRB Further Erodes Employer Rights and Promotes Unionization
The National Labor Relations Board (NLRB) continues to drastically change the law and tilt the playing field against employers and in favor of labor unions. Recently, the Biden Administration’s NLRB issued new rules governing the unionization process that mark a return to the “quickie elections” from the Obama era. The NLRB issued a landmark decision
Gilroy Kernan & Gilroy acquires the Burns Agency
NEW HARTFORD, N.Y. — The Burns and Gilroy families say Gilroy Kernan & Gilroy, Inc. (GKG) of New Hartford has acquired the Burns Agency of Clinton in a combination involving two insurance agencies that have served the Mohawk Valley for more than a century. The acquisition closed Aug. 18, and the Burns Agency will move
Loretto starts new department for learning, development & employee experience
SYRACUSE — Loretto says it has restructured its human-resources department to “make room” for a new learning, development & employee experience department, led by Nancy Williams, who joined the organization as chief people officer earlier this summer. The new department follows the “success” of several learning and development programs for employees that Loretto launched in
Two New York projects chosen as finalists for federal funding in defense-manufacturing program
The U.S. Department of Defense (DoD) has selected two upstate New York–based projects as finalists for up to a $5 million investment each through its
City of Syracuse to offer employees Centro bus service at no cost
SYRACUSE, N.Y. — The Syracuse Common Council on Wednesday, Sept. 6 unanimously approved Syracuse Mayor Ben Walsh’s plan to make Centro bus service available to
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.