Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
MVP Health Care decides to withdraw from New Hampshire
MVP Health Care, a health insurer with members in three states, on Tuesday announced it intends to withdraw its services from New Hampshire to concentrate
Federal Reserve rolls out new $100 bill to banks
The Federal Reserve said on Tuesday it began supplying banks with a redesigned U.S. $100 bill that includes new security features to help deter counterfeiters.
POMCO Group expands service offerings into western states
SYRACUSE — POMCO Group, a third-party administrator of self-funded health-care and risk-management plans, recently announced it will be expanding its geographic reach in the West while also boosting hiring locally. On Sept. 16, the Syracuse–based firm announced it will expand its service offerings into additional regions of the country, including Texas, Colorado, Arizona, Nevada, and
The Fortus Group’s sales skyrocket
UTICA — The Fortus Group, Inc. recently made the Inc.–5000 list with a three-year revenue growth averaging 139 percent. The Utica–based recruitment-services firm, which specializes in the placement of dialysis and transplantation professionals, accomplished this by growing from $2.6 million in revenue in 2009 to $6.2 million last year. Employment has also jumped from 25
POMCO Group hiring for role as administrator in NY State of Health
SYRACUSE — POMCO Group today announced it is hiring about 40 employees following the firm’s selection as an administrator for a health plan that’ll be available through NY State of Health, New York’s health-insurance marketplace. POMCO announced in April 2012 that Freelancers Union selected the firm as the administrator of the New York Consumer
POMCO Group expands service offerings into different regions
SYRACUSE — POMCO Group, a third-party administrator of self-funded health-care and risk-management plans, announced it will expand its service offerings into additional regions of the
Federal government runs a $148 billion deficit in August
The federal government ran a nearly $148 billion budget deficit in August, the U.S. Treasury Department reported Thursday. Spending totaled $333 billion while tax receipts
CH Insurance acquires programming accounts from NYCM Group
SYRACUSE — CH Insurance Brokerage, Inc., an independent agency located on the bottom floor of AXA Tower I in downtown Syracuse, on July 1 closed on its acquisition of certain workers’-compensation programs from NYCM Group in Cicero, which is no longer in business. CH Insurance declined to disclose the acquisition cost but used agency
TMD expands, unites Syracuse headquarters office
SYRACUSE — Three years of splitting employees between two nearby locations will end soon when accounting firm Testone, Marshall & Discenza, LLP (TMD) finishes an expansion project at its 432 N. Franklin St. headquarters. “We ran out of space three years ago,” says Frank Discenza, managing partner. To ease things, the firm leased about
New York state renames health-benefit exchange
The New York Health Benefit Exchange, the state’s health-insurance exchange under the federal health-care reform law, is now called “NY State of Health.” Donna Frescatore, executive director of the New York Health Benefit Exchange, on Aug. 20 made the announcement during a late-morning, online presentation. DDB New York, a New York City advertising
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.