Email News Updates

Insurance & Financial Services

Retail Council of New York State partners with Albany firm to boost insurance offerings for members

ALBANY — The Retail Council of New York State has a new insurance partnership that allows the organization to offer a full suite of insurance products to its members. Read More
Barton & Loguidice adds JTM Associates founder to staff

SALINA — Barton & Loguidice (B&L) says it has added the man who founded JTM Associates, LLC to its staff, a move that the company says “enhances” its environmental-consulting capabilities in the industrial market. Read More
Excellus net income declines 50 percent in 2022

ROCHESTER — Excellus BlueCross BlueShield reported net income of $58.9 million on $6.6 billion in premium revenue in 2022, down 50 percent from the $117.6 million that the health insurer generated in 2021. Read More
Northwoods takes over management of Norman Shadduck Agency in Binghamton

BINGHAMTON — The Northwoods Corporation entered into a management agreement March 1 with the Norman Shadduck Agency, located at 32 Broad Ave., in Binghamton. Read More
Ask Rusty: What’s the Best Way to Start Receiving My Survivor Benefit?

Dear Rusty: When one becomes a widow/widower, what is the most efficient way to start receiving the deceased’s monthly Social Security. Read More
State expects upgraded WARN Act portal to go live in April

ALBANY — The state expects an upgraded portal for the Worker Adjustment and Retraining Notification (WARN) Act to go live in April. Read More
AAA Western NY & CNY names VP of corporate & business development

AAA Western and Central New York announced it has hired a new VP of corporate and business development. Read More
Bond law firm names chief human resources officer

SYRACUSE — Bond, Schoeneck & King PLLC recently announced it has named Pamela M. O’Rourke as the law firm’s chief human resources officer. Read More
Chemung Financial to pay Q1 dividend of 31 cents in early April

ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG) recently announced that its board of directors has approved a quarterly cash dividend of 31 cents a share of its common stock. Read More

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Business Calendar

CNYSME Headshots and Networking Event 4/6/2023 2:00 PM - 4/6/2023 7:00 PM Read More
APTD and CPTD Information Session 4/12/2023 12:00 PM - 4/12/2023 2:00 PM Read More
Greater Binghamton Chamber’s Connect Over Lunch 4/13/2023 11:45 AM - 4/13/2023 1:15 PM Read More

Opinion

OPINION: Upstate Business Survey Should Be a Call to Action for Albany New York’s business community has expressed deep concerns regarding the direction of the state and its financial outlook, but it does not appear businesses will be getting much relief anytime soon. Read More
OPINION: Our System Can’t Work Without Compromise If you’ve been paying attention to national news, you know that one of the big topics preoccupying Washington is a debate over lifting the debt ceiling. So, for that matter, is overhauling Social Security. Read More
OPINION: Presidents get blamed for recessions on their watch If anything has a knack of making presidents in otherwise commanding positions into one-term presidents, it is recessions of the U.S. economy. Read More

Business Mentors

Ask Rusty: How Do I Withdraw My Application for Social Security? Dear Rusty: I will be 67 [soon] and reached my full retirement age in July 2022. My wife and I are discussing whether we should take Social Security now or wait until we are age 70 to get a higher benefit. Read More
Ask Rusty: What’s the Best Way to Start Receiving My Survivor Benefit? Dear Rusty: When one becomes a widow/widower, what is the most efficient way to start receiving the deceased’s monthly Social Security. Read More
VIEWPOINT: NYS Pay-Transparency Law Amendments Signed into Law On March 3, 2023, a bill (https://legislation.nysenate.gov/pdf/bills/2023/S1326) amending the New York State pay-transparency law was signed into law by Gov. Kathy Hochul. It reflects changes that the governor requested in exchange for her approval of the law in December 2022. Read More

People on the Move

Pinckney Hugo Group Pinckney Hugo Group, has hired ERIN BROWN as director of finance and accounting. Read More
NICHOLAS SCHNELLER KeyBank has promoted NICHOLAS SCHNELLER to VP and commercial relationship manager, focusing on servicing middle-market companies. Read More
DANIEL SAADA DANIEL SAADA, M.D. has joined the medical staffs of Geneva General Hospital and Soldiers & Sailors Memorial Hospital as an emergency-medicine physician. Read More