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DiNapoli, NYBDC announce loan for Nirvana Water
FORESTPORT — New York State Comptroller Thomas DiNapoli and the New York Business Development Corp. (NYBDC) on Wednesday announced a loan of $3.2 million to Nirvana
New York announces new name for 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
First Niagara to pay former CEO Koelmel a severance of at least $3 million
First Niagara Financial Corp. (NASDAQ: FNFG) will pay former president and CEO John Koelmel a severance package of at least $3 million. The figure is
New York AG sues out-of-state firms for charging ‘exorbitant’ interest rates on Internet loans
New York Attorney General Eric Schneiderman on Monday announced that his office filed a lawsuit against two out-of-state companies for violating New York’s usury and
Rural/Metro files for Chapter 11 bankruptcy protection, local service to continue
SYRACUSE — Rural/Metro Corporation, a national provider of ambulance and fire-protection services for 700 communities, including several in Central New York, on Sunday announced it
Pinnacle grows assets 189 percent in six years
SYRACUSE — On May 22, Pinnacle Investments, LLC, announced that James A. Mirabito of Binghamton had moved his wealth-management practice to Pinnacle. “The plan is to open a Binghamton office by the third quarter of this year,” says Michael R. Gagliardi, a senior vice president for branch management with the firm. “Binghamton will be our
The Travelers to cut 180 jobs in Syracuse field office
The Travelers Companies, Inc. (NYSE: TRV), a Hartford, Conn.–based insurance company that operates a field office in Syracuse, on July 23 announced plans to cut
State approves rates for 17 health insurers in upcoming benefit exchange
New York Gov. Andrew Cuomo today announced that the Department of Financial Services (DFS) has approved health-insurance plan rates for 17 insurers seeking to offer
Brown and Brown profit rises 24 percent in the second quarter
Brown & Brown, Inc. (NYSE: BRO), the Florida–based parent of Syracuse–based Brown & Brown Empire State, reported it earned more than $52 million, or 36
Excellus issues call for nonprofit health grants
DeWITT — Excellus BlueCross Blue Shield, the largest health insurer in Central New York, on Wednesday announced plans to award grant dollars for health and
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