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Law, Accounting & Taxes

Thruway

State audit finds improved accuracy in Thruway toll collections

ALBANY, N.Y. — When it comes to Thruway tolls, the New York State Thruway Authority is generally accurate with its billing process, although a recent review identified some exceptions and recommended better monitoring and corrective actions. That’s according to an audit that New York State Comptroller Thomas DiNapoli released Sept. 23. “The Thruway Authority has

New York DFS readies for leadership transition

ALBANY, N.Y. — The New York State Department of Financial Services (DFS) will soon have new leadership. Gov. Kathy Hochul on Sept. 29 announced that Adrienne Harris, who has served as superintendent of the New York State Department of Financial Services (DFS) for four years, is leaving the state’s top financial regulatory agency. As for

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Bill Hammond

VIEWPOINT: Why New York’s Health Premiums Keep Going Up

New Yorkers continue to face some of the costliest health-insurance premiums in the U.S., and the insurance industry’s recently finalized rate applications shed light on why that is. In summaries filed with the state regulators, insurers attributed their price hikes to rising costs — including state-specific factors, such as insurance taxes and coverage mandates, as

Matthew Tomazin

Tompkins Financial appoints CFO to its Central New York market board

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) recently announced that Matthew Tomazin, its executive VP, chief financial officer (CFO), and treasurer, has been appointed to its market-based board serving the Central New York region. His expertise will help ensure that Tompkins continues to effectively reach its regional clients and deepen its commitment to the

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