Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
POMCO Group expands service offerings into different regions
SYRACUSE — POMCO Group, a third-party administrator of self-funded health-care and risk-management plans, announced it will expand its service offerings into additional regions of the
Federal government runs a $148 billion deficit in August
The federal government ran a nearly $148 billion budget deficit in August, the U.S. Treasury Department reported Thursday. Spending totaled $333 billion while tax receipts
CH Insurance acquires programming accounts from NYCM Group
SYRACUSE — CH Insurance Brokerage, Inc., an independent agency located on the bottom floor of AXA Tower I in downtown Syracuse, on July 1 closed on its acquisition of certain workers’-compensation programs from NYCM Group in Cicero, which is no longer in business. CH Insurance declined to disclose the acquisition cost but used agency
TMD expands, unites Syracuse headquarters office
SYRACUSE — Three years of splitting employees between two nearby locations will end soon when accounting firm Testone, Marshall & Discenza, LLP (TMD) finishes an expansion project at its 432 N. Franklin St. headquarters. “We ran out of space three years ago,” says Frank Discenza, managing partner. To ease things, the firm leased about
New York state renames health-benefit exchange
The New York Health Benefit Exchange, the state’s health-insurance exchange under the federal health-care reform law, is now called “NY State of Health.” Donna Frescatore, executive director of the New York Health Benefit Exchange, on Aug. 20 made the announcement during a late-morning, online presentation. DDB New York, a New York City advertising
DiNapoli, NYBDC announce loan for Nirvana Water
FORESTPORT — New York State Comptroller Thomas DiNapoli and the New York Business Development Corp. (NYBDC) on Wednesday announced a loan of $3.2 million to Nirvana
New York announces new name for health-benefit exchange
The New York Health Benefit Exchange, the state’s health-insurance exchange under the federal health-care reform law, is now called “NY State of Health.” Donna
First Niagara to pay former CEO Koelmel a severance of at least $3 million
First Niagara Financial Corp. (NASDAQ: FNFG) will pay former president and CEO John Koelmel a severance package of at least $3 million. The figure is
New York AG sues out-of-state firms for charging ‘exorbitant’ interest rates on Internet loans
New York Attorney General Eric Schneiderman on Monday announced that his office filed a lawsuit against two out-of-state companies for violating New York’s usury and
Rural/Metro files for Chapter 11 bankruptcy protection, local service to continue
SYRACUSE — Rural/Metro Corporation, a national provider of ambulance and fire-protection services for 700 communities, including several in Central New York, on Sunday announced it
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.