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Insurance & Financial Services
Launch NY to use additional funding from CDFI Fund
Community Development Financial Institutions (CDFI) Fund announced it has again awarded Launch New York (Launch NY) $225,000 in funding. CDFI is part of the U.S.
NYCM Insurance donates $100K to UHS Chenango Memorial Hospital capital campaign
NORWICH, N.Y. — NYCM Insurance announced it has donated $100,000 to the capital campaign at UHS Chenango Memorial Hospital in Norwich. Officials from NYCM Insurance
Strategic Financial Services names new CEO; founder transitions to chairman
UTICA, N.Y. — Strategic Financial Services, Inc., a Utica–based wealth-management firm, has named Alan Leist, III as its new CEO. Leist, III previously held the
Healthy teeth, healthy finances: Making the case for oral health
Sponsored Content With salary, medical insurance, and retirement plans taking top billing in compensation packages, dental coverage can sometimes get lost in the shuffle. But
People news: Community Bank promotes Cleary to Cato branch manager
CATO, N.Y. — Community Bank N.A. announced it has promoted Angela Cleary to branch manager of its Cato office. In her new role, Cleary will
Report: 42 percent of unsubsidized ACA enrollees likely to switch plans during open enrollment
A recent survey report from eHealth, Inc. (NASDAQ: EHTH), a private online marketplace for health insurance, found that nearly eight in 10 consumers (79 percent) said they expect to review their health-insurance plan during the Affordable Care Act’s (ACA’s) current open-enrollment period. Those not receiving government subsidies are more inclined to switch plans: 42 percent of consumers
Carrols Restaurant Group reports Q3 net loss, citing excess sales discounts
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the largest Burger King franchisee in the U.S., on Thursday reported a net loss of $6.8
CH Insurance acquires Life Insurance CNY
SYRACUSE — Syracuse–based CH Insurance says it has acquired Life Insurance CNY, described as an “insurance-only financial-services firm” that operated in Syracuse. CH Insurance is a Syracuse–based multi-line insurance agency and benefits manager. Joseph Convertino, Jr., president of CH Insurance, says the acquisition of Life Insurance CNY didn’t involve a financial transaction. Brian Winchell of
Some Thoughts for Employee-Benefits Season
— “Clients do not come first. Employees come first. If you take care of the employees, they will take care of the clients.” — Richard Branson The famous white duck, perhaps the most recognizable mascot on television, just may be the most effective marketer in the insurance industry. Before you finished that sentence, you knew who
State: No 2020 cost rise for most NY State of Health enrollees
“There will be no cost increase for nearly all” 2020 enrollees in NY State of Health, New York State’s health-plan marketplace, state officials say. That includes consumers enrolling in Medicaid, Child Health Plus, Essential Plan, as well as those enrolling in qualified health plans who receive tax credits, according to an Oct. 31 news release
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