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Broome County aces fiscal stress test
BINGHAMTON, N.Y. — Broome County has received a perfect fiscal score from the state on its Fiscal Stress Monitoring Report from the comptroller’s office, Broome
People news: AmeriCU names Rome financial center manager
ROME, N.Y. — AmeriCU Credit Union has named Ashten Roberts financial center manager of the credit union’s Rome location in Griffiss Business and Technology Park.
People news: Jones named chief marketing officer at Five Star Bank
ROCHESTER, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent company of Five Star Bank, announced that it has hired Blake Jones as its new senior
Venture capital firm opens upstate office in CenterState CEO’s Tech Garden
SYRACUSE, N.Y. — New York City–based ff Venture Capital (ffVC) has opened an upstate New York office within CenterState CEO’s Tech Garden in downtown Syracuse,
Community Bank donates $50K to Oswego Health Foundation Endowment Fund
OSWEGO, N.Y. — DeWitt–based Community Bank (NYSE: CBU) recently donated $50,000 to the Oswego Health Foundation Endowment Fund “to support the fund and the transformation
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
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
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
Carthage, Ogdensburg hospitals probe cyberattack
CARTHAGE, N.Y. — Carthage Area Hospital and Claxton-Hepburn Medical Center in Ogdensburg say their information technology (IT) teams worked through the weekend to stabilize all
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