Business Spotlight

April 27, 2014

Business briefs: April 24, 2014


Presenters will include Kevin Halpin of DeltaPoint Capital, Tom Rest of Grosvenor Capital Management, Somak Chattopadhyay of Armory Square Ventures, Pat Mackrell who is president and CEO of the New York Business Development Corp., Frank McEvoy who is the In-State Equity Fund portfolio manager, and Matthew Draper of Clarkson University. Presentations will be followed with a networking period over lunch.

Registration for the Venture North Investment Forum is $55 per person including registration for the 8 a.m. breakfast or $40 for the 10 a.m. Investment Forum only. Space is very limited and advance registration is required. To register, contact the chamber at 563-1000.

The Venture North Investment Forum is co-sponsored by Global North Country, an initiative of the North Country Regional Economic Development Council, and the North Country Alliance.

Money unclaimed

PLATTSBURGH — More than 10,000 individuals and health-care providers in New York state, including hundreds across the Utica/Rome/North Country Region, have forgotten about more than $1.4 million in checks sent by Excellus BlueCross BlueShield. These checks were issued in 2010 but were never cashed. If the funds aren’t claimed by the end of August, the health insurer is required by law to turn the money over to the comptroller of the State of New York.

“This is money that was paid for claims or refunded premiums,” said Eve Van de Wal, Excellus BlueCross BlueShield regional president. “It belongs to our members and providers and we want to make sure they have one more chance to claim it.”

A complete list of people and providers with outstanding checks, along with instructions on how to claim those forgotten funds, is online at Printed legal notices listed by county have been or will be placed this week in regional daily or weekly newspapers across New York state.

Each April, New York state requires health insurers to make a list of unclaimed checks that are at least three years old. The names are then published in legal notices in a final attempt to find the people who have money to claim.

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