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Insurance & Financial Services

Solvay Bank’s Fernandez appointed to Home HeadQuarters board

SYRACUSE, N.Y. — Solvay Bank recently announced that Michele Fernandez, VP, enterprise risk manager & CRA officer, has recently been elected to join the Home HeadQuarters Inc. (HHQ) board of directors as a private-sector member. Fernandez joined Solvay Bank in 1991 and leads the bank’s enterprise risk management department. In addition to being elected to […]

Investment boosts Launch NY program for underserved entrepreneurs

“We’ve historically served about 40% minority- and/or women-led companies, so we are incredibly grateful that JPMorgan Chase recognizes the importance of doing even more to support underrepresented founders,” Marnie LaVigne, president and CEO of Launch NY, said. “We welcome others to join their lead as well, because we know we have only scratched the surface

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Spotlighting the SBA THRIVE program’s 2022 graduates

SYRACUSE, N.Y. — The nine graduates of this year’s SBA THRIVE program in the upstate New York district include small-business owners from Syracuse, Munnsville, Endwell, and Cooperstown. The U.S. Small Business Administration’s (SBA) THRIVE program seeks to help small businesses grow nationwide. THRIVE, a free national training program, is short for train, hope, rise, innovate,

New year brings new pay-transparency law, minimum wage

The first thing employers should do, if they haven’t done so already, is make sure their employee handbook is up-to-date and includes anything new required under law, says Michael Sciotti, a partner with Barclay Damon LLP in Syracuse. His law practice includes defending employers, business owners, and company managers in all types of discrimination, harassment,

State law sets insurer-coverage requirements for hate crimes

A new state law prohibits insurance companies from canceling insurance, raising premiums, refusing to issue a policy, or declining to renew a policy solely on the basis that one or more claims have been made for a loss that is a result of a hate crime, New York Gov. Kathy Hochul recently announced. The new law will

AAA announces new director of branch operations

AAA Western and Central New York has promoted Josie Nicotra to director of branch operations.  Over the past eight years, she has held several management roles with AAA, including manager of the Amherst and the Orchard Park travel and insurance centers, the AAA said in a Dec. 5 announcement.  In her new role, Nicotra will oversee

New York manufacturing index turns negative again in December

The Empire State Manufacturing Survey general business-conditions index fell 16 points to -11.2 in December, pointing to a slowdown in manufacturing activity in the state. The general business-conditions index is the monthly gauge of New York’s manufacturing sector. The index had climbed 14 points to 4.5 in November after declining 8 points to -9.1 in

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