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Insurance & Financial Services
First endowed professor at SUNY Oswego to focus on finance
OSWEGO — The first endowed faculty member at the State University of New York (SUNY) Oswego brings 30 years of experience on Wall Street to
GateHouse Media posts second-quarter loss, revenue drop
FAIRPORT — Digital revenue increased 32 percent in the second quarter at GateHouse Media, Inc., but it wasn’t enough to offset a 4 percent decline in total revenue that helped result in a net loss of $2.9 million, or 4 cents per share, for the media company. GateHouse, which owns The Observer-Dispatch in Utica and
SU wins grant to encourage graduate study
SYRACUSE — A new grant will help Syracuse University (SU) provide educational opportunities for first-generation college students and groups traditionally underrepresented in graduate studies. The
Binghamton unveils “green” loan fund
BINGHAMTON — The city of Binghamton unveiled its new Green Jobs Revolving Loan Fund on Thursday. The fund provides money for energy efficiency retrofits in
Guthrie Health starts study of Marcellus Shale health effects
SAYRE, Pa. — Asthma, cancer, cardiac disease, and more will be researched as part of a study of the health impacts of gas drilling in
Dereszynski searches for talent in return to Brown & Brown Empire State
SYRACUSE — Employee recruitment will be one of Brown & Brown Empire State’s major goals now that Nick Dereszynski is back in place as the firm’s president. “We have high expectations that we’re going to recruit talent, develop talent,” Dereszynski says. “And then that talent would have the opportunity to stay here long-term, build their
Survey: 31 percent of decision-makers have a comprehensive financial plan
Fewer than one-third of household financial decision-makers have ever had a comprehensive financial plan, according to a recent survey from the Consumer Federation of America and the Certified Financial Planner Board of Standards, Inc. The 2012 Household Financial Planning Survey, released July 23, found that just 31 percent of financial decision- makers in the U.S.
IIABNY cheers law loosening restrictions on insurance agents’ gift-giving
Insurance agencies no longer have to stick to branded items like coffee mugs when they give gifts to their clients and prospects because of a
Report: Employees waste money on poor benefits choices
Aflac study reveals that employers fall short on educating workers about benefits options, which takes a significant toll on employees’ finances. A new survey report found that 56 percent of employees estimate they waste up to $750 because of mistakes they made with insurance-benefits elections. Nearly one of four respondents (24 percent) say
FIS distributes $8.1 million in ESOP funds
ORISKANY — Fiber Instrument Sales, Inc. (FIS) recently distributed $8.1 million to employees that have participated in the company’s employee stock ownership plan (ESOP). According
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