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Insurance & Financial Services

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

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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

Eric Taylor

Tompkins Financial Advisors names new president

ITHACA, N.Y. — Tompkins Financial Corp. (NYSE: TMP) announced it has appointed Eric Taylor as its new executive VP and president of its Tompkins Financial Advisors unit. In this role, Taylor leads Tompkins Financial Advisors, a holistic financial-services firm, to bring customized wealth management, financial planning, and trust services to individuals and businesses. He reports

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