Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Advertisement
Advertisement

Insurance & Financial Services

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

Advertisement

Former West Carthage treasurer accused of stealing $3,000 from the village

WEST CARTHAGE, N.Y. — The former deputy clerk-treasurer of the Village of West Carthage has been arrested for stealing more than $3,000 from the Jefferson County community. Kaytlin Ennis is charged with grand larceny in the third degree, corrupting the government in the third degree, and tampering with records, New York State Comptroller Thomas DiNapoli,

Dominick Falcone Agency, Falcone Associates sold to Illinois firm

SYRACUSE, N.Y. — Dominick Falcone Agency, Inc. and affiliate Falcone Associates, Inc., of Syracuse, have been acquired by Arthur J. Gallagher & Co. (NYSE: AJG), a global insurance brokerage, risk management and consulting services firm headquartered near Chicago, Illinois, Gallagher announced this week. Financial terms of the transaction were not disclosed in Gallagher’s Feb. 3

Get our email updates

Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.