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Law, Accounting & Taxes

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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F. M. Howell & Company names new CFO

ELMIRA, N.Y. — F. M. Howell & Company, an Elmira–based provider of packaging products and services, announced on Monday that it has appointed Michael P. Hosey as its new chief financial officer (CFO). He brings extensive experience in financial leadership and community engagement to the role. Hosey has served as the company’s interim director of

Firley, Moran, Freer and Eassa names new managing partner

SYRACUSE, N.Y. — Firley, Moran, Freer and Eassa CPA, P.C. (FMF&E), a Syracuse–based accounting and advisory firm, announced that it has appointed Andrea LaBarge as its new managing partner. She follows current Managing Partner Daniel Gilheney, who will transition to the role of senior advisor following 38 years of leadership and service at the CPA

Kathy Hochul

New state law requires quick reporting of cybersecurity, ransomware incidents

ALBANY, N.Y. — A new state law is now effect that requires all municipal corporations and public authorities to report cybersecurity incidents within 72 hours and ransomware payments within 24 hours to the New York State Division of Homeland Security and Emergency Services (DHSES). Within 30 days of making a ransomware payment, the victim organization

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