ESL Federal Credit Union has officially expanded its footprint across the Finger Lakes.The Rochester-based credit union announced it completed the acquisition of substantially all assets of Generations Bancorp NY, Inc., the holding company of Generations Bank, on Jan. 1. The move adds eight...
Topline: Maryland gave paychecks to some employees no longer working for the state, and health insurance to employees who had not paid their premiums for up to five years, according to a Dec. 9 report from the Office of Legislative Audits.
Key facts: Maryland's...
State regulators say PHL’s finances are too impaired for a traditional rescue, pointing instead to liquidation backed by guaranty funds as they weigh potential lawsuits.
The court-appointed rehabilitator of troubled Hartford-based PHL Variable Insurance Co. has abandoned efforts to save the failed insurer through...
The Federal Deposit Insurance Corporation announced plans to propose changes to insured depository institution resolution planning requirements, or IDI rule. The rule, including the expected proposed changes, apply to FDIC-insured depository institutions with $50 billion or more in total assets.In April 2025, the...
If you’re looking to get insurance from the Health Insurance Marketplace, you have until January 15th to sign up. But dishonest companies sometimes advertise comprehensive health insurance when it’s really a medical discount plan or a health plan with limited insurance benefits. And, sometimes, an insurance...
