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Insurance & Financial Services

SUNY launches venture-capital fund for startups on a SUNY campus

SYRACUSE, N.Y. — SUNY officials on Monday announced the launch of Upstate Biotech Ventures, a “first-of-its-kind” venture-capital fund for startups and small businesses on a SUNY campus. Dr. Mantosh Dewan, president of Upstate Medical University, announced the fund during an afternoon ceremony at Upstate Medical’s CNY Biotech Accelerator at 841 E. Fayette St. in Syracuse. […]

Tioga State Bank to open Johnson City branch

JOHNSON CITY, N.Y. — Tioga State Bank (TSB) will open a new branch in Johnson City later this summer. It will be the bank’s fifth location in the greater Binghamton area, where it already has two branches in Binghamton, one in Vestal, and one in Endwell. “We are thrilled to open this office in the

State comptroller audit finds Dolgeville village treasurer failed to maintain adequate records

DOLGEVILLE, N.Y. — An audit by New York State Comptroller Thomas P. DiNapoli’s office found the Dolgeville village treasurer failed to maintain adequate records and reports that would allow the village board to responsibly manage Dolgeville’s finances. “The treasurer did not record all financial activity using proper accounting procedures,” according to a report released by

Harris Beach

Partners finalize operating agreement for upcoming combination of Harris Beach, Murtha Cullina

ROCHESTER, N.Y. — The partners in Rochester–based Harris Beach PLLC and Murtha Cullina LLP on Tuesday have approved an operating agreement that will govern the upcoming combined firm of Harris Beach Murtha. Harris Beach has offices in Syracuse, Ithaca, and other locations in New York. Murtha Cullina has offices in Connecticut, Massachusetts, and White Plains

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Tony Vitagliano

Vitagliano named Utica market president at Excellus

UTICA, N.Y. — Antonio Vitagliano is the new regional president of Excellus BlueCross BlueShield’s Utica market, the nonprofit health insurer recently announced. With the promotion, Vitagliano is expanding his current role as senior VP of provider network engagement. “Over his 30-plus-year career at Excellus BlueCross BlueShield, Tony has built strong relationships with providers, members, employers,

Committee releases document on priorities for $500 million fund that’s part of Micron’s deal with the state

SYRACUSE, N.Y. — The Central New York Community Engagement Committee (CEC) on Thursday released a document with ideas for using the $500 million Green CHIPS Community Investment Fund. The fund is a requirement of the 2022 agreement between New York State and Micron Technology, Inc. (NASDAQ: MU). As a requirement of Micron’s participation in the

Excellus

Excellus parent, Capital region health insurer plan affiliation

It’s pending regulatory approval     ROCHESTER — The Lifetime Healthcare Companies isn’t sure how long the review process will take, but it has plans to form an affiliation with a health-insurance carrier in the Capital Region. The Lifetime Healthcare Companies — the Rochester–based parent company of Excellus BlueCross BlueShield and Univera Healthcare — and

Utica National Insurance Group’s first woman CEO ready to start position

NEW HARTFORD, N.Y. — Utica National Insurance Group is ready for its first female CEO Kristen H. Martin to take the reins on July 1 when Richard P. Creedon retires after 26 years with the company. Martin joined Utica National in 2001 as an examiner before several promotions including corporate secretary and executive VP in

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