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Insurance & Financial Services
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
NY seeks proposals for flood-control surveying in Broome, Steuben, Schuyler counties
New York State is calling for proposals to perform $355,000 in boundary survey work on flood-control projects in Broome, Steuben, and Schuyler counties. The surveying
Keystone Associates adjusts to survive tough economy
BINGHAMTON — There aren’t a lot of huge building projects going on in the area, but Keystone Associates Architects, Engineers and Surveyors, LLC has managed
Financial Quarterly Investment Panel
Editor’s Note: The Investment Panel feature appears regularly in our Financial Quarterly publication, spotlighting area investment professionals and their views on the markets and investments. In this issue, we chat with Jim Burns and John Lombardo. We interviewed them separately via telephone, but asked the same questions. James (Jim) Burns, president of J.W. Burns
Beacon acquisition makes Berkshire Hills a player in Central New York
Editor’s Note: The Newsmaker Interview portion of Financial Quarterly features a conversation with a CEO of a major Central New York business every quarter. The story discusses key financial issues affecting the newsmaker’s company and industry. By Kevin Tampone Journal Staff DeWITT — A new bank is moving into the region in a
Broome County uncovers flood-aid fraud
BINGHAMTON — An investigation started in January revealed $254,508 in flood-aid related fraud in Broome County, according to Broome County Executive Debbie Preston. State law
New York asks to use federal Medicaid savings on health-care reforms
New York State is asking for permission to use federal Medicaid savings sparked by the state’s Medicaid Redesign Team (MRT) to put that team’s action
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