Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Cuomo: Axa to pay DFS $20 million fine over insurance violations on retirement products
Gov. Andrew Cuomo on Monday announced that Axa Equitable will pay a $20 million fine to the New York State Department of Financial Services (DFS)
New York manufacturing index edges up in March
The Federal Reserve Bank of New York reported today that its Empire State Manufacturing Survey general business-conditions index rose to 5.6 in March from 4.5
Cuomo, Oneida Nation begin payments to counties following 2013 casino settlement
New York Gov. Andrew Cuomo and the Oneida Indian Nation on March 11 initiated the first of “substantial dedicated payments” to Madison and Oneida counties, marking the formal approval of their “milestone” settlement. That’s how Cuomo’s office described the development in a news release about the payments. The release followed a conference call with reporters.
Attorneys discuss antitrust issues in Utica hospitals’ affiliation
UTICA — The recently consummated affiliation agreement between Faxton St. Luke’s Healthcare (FSLH) and St. Elizabeth Medical Center (SEMC) in Utica was “all about the patient, quality of care, [and] reduced costs.” That’s according to Dale Worrall, an attorney with the Syracuse office of Harris Beach PLLC. Both Worrall and his colleague, attorney Justin Runke,
Union membership rose in New York state last year
Membership in unions in New York state increased in 2013 to account for 24.4 percent of all wage and salary workers in the state, up
Affordable Care Act enrollment climbs to 4.2M in February, HHS reports
Total enrollment in private health-insurance plans through state and federal exchanges rose to more than 4.2 million as of March 1, the U.S. Department of
Preferred Mutual appoints Lopata SVP and CIO
NEW BERLIN — Preferred Mutual Insurance Co. recently named Jeffrey Lopata its senior vice president (SVP) and chief information officer (CIO). He joined Preferred Mutual
Gillibrand pushes for USDA disaster declaration for freeze-affected Upstate farms
U.S. Senator Kirsten Gillibrand (D–N.Y.) is calling on the U.S. Department of Agriculture (USDA) to issue an agriculture-disaster declaration with upstate New York in mind. Such a declaration would mean federal relief for Upstate grape farms and vineyards in the Finger Lakes and Western and Central New York “damaged by a long winter of sub-zero
UnitedHealthcare Community Plan adds four upstate counties to service area
UnitedHealthcare (UHC) Community Plan announced it has added four additional upstate New York counties to its service area for Medicaid Managed Care and Family Health
Excellus net income declines 50 percent in 2013
Excellus BlueCross BlueShield today reported it generated net income of $53 million in 2013, down from $106 million in 2012. The Rochester–based nonprofit firm, the
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.