Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Bailey Place Insurance acquires Dryden’s Cotterill Agency and building
DRYDEN — Stephen Franco, president of Cortland–based Bailey Place Insurance, describes his firm and Cotterill Agency, Inc. of Dryden as “old, long-standing agencies” in the Tompkins County community. “I had been talking to [agency principals] Doug and Brad Cotterill for a couple of years. We were very interested in doing something with them,” says […]
Health Republic Insurance to close at year’s end; impact on POMCO not known
SYRACUSE — Health Republic Insurance of New York (HRINY) will no longer offer individual and small-group health-insurance plans in 2016. HRINY is a consumer operated and oriented plan (CO-OP). CO-OPs are private, member-governed health-insurance companies that formed nationwide as part of the Affordable Care Act, or Obamacare. The CO-OP had hired POMCO Group, a Syracuse–based
POMCO cuts about 50 jobs in Health Republic business unit
SYRACUSE, N.Y. — POMCO Group announced it has cut approximately 50 positions in a business unit the firm created under a contract with Health Republic
Bailey Place Insurance to acquire Cotterill Agency
DRYDEN, N.Y. — Bailey Place Insurance of Cortland has announced it will acquire the Cotterill Agency Inc. of Dryden, effective Dec. 31. No financial terms
Law firms file class-action suit against Excellus over breach
ROCHESTER, N.Y. — Law firms in Rochester and New York City have filed a class-action lawsuit on behalf of three customers against Excellus BlueCross BlueShield
Excellus works to remediate IT systems following breach
IT expert wonders if total number of affected customers could rise Excellus BlueCross BlueShield says it “had no indication” that a cyberattack on its information-technology
State senator asks Excellus to provide answers to victims of breach
New York State Sen. Michael Nozzolio (R–Fayette) wants Excellus BlueCross BlueShield to provide answers to its customers following the breach that the health-insurance company reported
ROCHESTER, N.Y. — The FBI is investigating a “sophisticated” cyberattack against Excellus BlueCross BlueShield (BCBS), which may have affected the personalinformation of about 7 million
MVP Health Care moves Syracuse office
SYRACUSE, N.Y. — Schenectady–based MVP Health Care is moving its Syracuse office to the Washington Station building at 333 W. Washington St. in Armory Square
Schumer calls for USDA to establish crop insurance for CNY farmers who grow malt barley
CAZENOVIA, N.Y. — The U.S. Department of Agriculture (USDA) should establish a crop-insurance program for Central New York farmers who grow malt barley, according to U.S. Senator Charles Schumer (D–N.Y.). Malt barley is a crop that is “crucial to the continued growth of the area’s burgeoning craft-beer industry,” the senator said during a visit Thursday
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.