Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
What's New
Upcoming Events
CNYBJ Job Board
Insurance & Financial Services
Wilmington acquisition is paying off for M&T in CNY
SYRACUSE — M&T Bank Corp.’s acquisition last year of Wilmington Trust Corp. (NYSE: WL) of Delaware was the second largest in M&T’s history. It brought the Buffalo–based banking company 55 new branches and $10.7 billion in new assets. The $351 million stock deal, which closed in May 2011, is paying dividends for the bank in […]
New York to require life insurers to cross-check rolls
New York state will issue a mandate requiring life insurers to cross-check their policy rolls against a federal list of recent deaths after a state
Advanced Business Systems opens Syracuse branch
EAST SYRACUSE — The office-technology company Advanced Business Systems, Inc. is opening its first branch office in an East Syracuse building it purchased in March. Advanced Business Systems acquired the 5,300-square-foot former United Auto Workers (UAW) Local 624 building at 714 W. Manlius St. in a deal that closed March 27. It is the company’s
Excellus pays $995,000 state fine
Excellus Health Plan, Inc. has paid a $995,000 fine levied by the state Department of Financial Services (DFS) for incorrectly denying emergency room claims and
State funds headed to seed stage companies
Empire State Development approved awards of more than $25 million from the federally funded Innovate NY program to six investment entities from across the state.
Nationwide to relocate Salina claims center in September
SALINA — Nationwide Mutual Insurance Co. plans to move its Salina claims center this fall, leaving a building that it built and once owned for a smaller location about a mile away. Columbus, Ohio–based Nationwide will withdraw its Salina operations from their longtime home at 110 Elwood Davis Road this September and relocate them to
POMCO joins new market with health-reform CO-OP
SYRACUSE — POMCO Group’s involvement in a new type of health-benefit plan gives it a piece of an evolving market and a chance to help expand the availability of health insurance, according to the company’s senior executive vice president. Syracuse–based POMCO will administer the benefits for the first Consumer Operated and Oriented Plan (CO-OP) in
Counties receive state flood aid
A little flood relief is on the way now that Gov. Andrew Cuomo announced the state will cover the local share of disaster response and
Small business optimism dips in March, halts six-month climb
Small business owners soured on their prospects for the future during March, according to a monthly survey conducted by the National Federation of Independent Business
State makes insurers’ filings accessible online
Property and casualty insurers’ state rate and form filings are now publicly available without a Freedom of Information Law (FOIL) request. The New York State
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.