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Insurance & Financial Services

Community Bank donation

WISE to use $10K donation for financial-management program

SYRACUSE, N.Y. — The Women Igniting the Spirit of Entrepreneurship (WISE) Women’s Business Center at the Martin J. Whitman School of Management at Syracuse University (SU) is getting some financial help for a financial-management program. WISE is a Women’s Business Center dedicated to empowering Central New York’s entrepreneurs in all stages of business through training […]

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David Smith

Preferred Mutual appoints chief information officer

NEW BERLIN — Preferred Mutual Insurance Company named David Smith senior VP and chief information officer, effective Jan. 1, according to a Feb. 19 announcement. In this role, he will oversee the development and implementation of innovative technology strategies that enhance customer and agency experiences while driving business-process transformation at Preferred Mutual. Smith joined Preferred

Excellus

Excellus net income rebounds in 2024 despite operating loss

ROCHESTER — Excellus BlueCross BlueShield says the health plan ended 2024 with a profit of $25.6 million, citing its annual report filed with the New York State Department of Financial Services on March 1. “While the health plan last year faced several challenges, stronger-than-expected investment results helped the insurer reach a small net margin of

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