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Insurance & Financial Services

Cazenovia College has new lab for finance, accounting students

CAZENOVIA, N.Y. — Cazenovia College believes a new laboratory space provides an “added sense of career realism” for its students taking finance and accounting courses.  The lab includes the same types of industry-utilized data technology, business-day amenities, and “precise working environment” that students are likely to see when they begin work in finance and accounting […]

AAA Western & Central New York hires new corporate counsel

AAA Western and Central New York has announced the hiring of Elizabeth (Liz) Bove as corporate counsel.  Bove, who will work from AAA’s headquarters in Amherst (suburban Buffalo), will represent AAA on all legal matters and provide legal counsel to the organization. She most recently worked as a senior associate at Phillips Lytle LLP in Buffalo, AAA

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UnitedHealth Group to pay over $15M after mental-health coverage investigation

NEW YORK CITY — A major health insurer with an office in Syracuse will pay $15.6 million and take other corrective actions following investigations and litigation by the New York State Attorney General’s office and the U.S. Department of Labor (USDOL).  United Behavioral Health and UnitedHealthcare Insurance are part of Minnetonka, Minnesota–based UnitedHealth Group. UnitedHealthcare

Community Bank System acquires Boston–area insurance agency

DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) has recently acquired the assets of Thomas Gregory Associates Insurance Brokers, Inc. (TGA), a specialty-lines insurance broker based in the Boston area.  OneGroup, NY, Inc., a wholly owned subsidiary of Community Bank System, acquired TGA’s assets. No financial terms of the deal were disclosed. OneGroup is

New Lansing branch of Cayuga Lake National Bank opens

LANSING, N.Y. — Cayuga Lake National Bank’s (CLNB) third branch is now servicing customers in Lansing in Tompkins County. CLNB worked with D Squared Inc., an Ithaca–based construction company, and architect George W. Breuhaus, on this newly constructed bank branch, CLNB tells CNYBJ. The bank didn’t disclose the project cost. Located at 3077 N. Triphammer

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