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Insurance & Financial Services

Nonprofits EFR, ARISE plan to merge

SALINA, N.Y. — The boards of directors of Exceptional Family Resources (EFR) and ARISE say they are planning to merge the nonprofit organizations to “better serve people with disabilities.” EFR operates at 1820 Lemoyne Ave. in the town of Salina. ARISE’s main office is located at 635 James St. in Syracuse. Both EFR and ARISE […]

New York manufacturing activity grew in September, for the first time in 10 months

The Empire State Manufacturing Survey general business-conditions index climbed 16 points to 11.5 in September with activity expanding for the first time since November 2023. The index rose nearly 2 points to -4.7 in August after slipping less than 1 point to -6.6 in July. The general business-conditions index is the monthly gauge on New

AAA Watertown

AAA Western and Central New York acquires Watertown agency

WATERTOWN — AAA Western and Central New York acquired The Jones & Doldo Insurance Agency earlier this summer, consolidating the office into its AAA Watertown Travel & Insurance Center branch at 19472 U.S. Route 11, the organization announced. “We’re excited about this investment in the Watertown community,” AAA Western and Central New York President/CEO Tony

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NBT Bank

NBT to expand into western New York with acquisition of Evans Bancorp

NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), the parent company of NBT Bank, announced it is expanding into western New York with the acquisition of Evans Bancorp, Inc. (NYSE: EVBN). Under the deal, NBT will buy 100 percent of the outstanding shares of Evans in exchange for common shares of NBT in a transaction

Adrienne Harris

DFS adopts insurance guidance to combat discrimination in artificial intelligence

ALBANY — It was a step meant to protect consumers from unfair or unlawful discrimination by insurers using artificial intelligence (AI). The New York State Department of Financial Services (DFS), a financial regulatory agency, a few months ago adopted guidance focused on the topic. “New York has a strong track record of supporting responsible innovation

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