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Hochul nominates former Obama advisor as new Department of Financial Services superintendent
ALBANY, N.Y. — Gov. Kathy Hochul has nominated Adrienne Harris to lead the New York State Department of Financial Services as its next superintendent. Formerly
NBT appoints Mahoney president of wealth management
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB) announced it has appointed Ruth H. Mahoney as its executive VP and president of wealth management. Mahoney,
Cazenovia College has new lab for finance, accounting students
CAZENOVIA, N.Y. — Cazenovia College believes a new laboratory space provides an “added sense of career realism” for its students taking finance and accounting courses. The lab includes the same types of industry-utilized data technology, business-day amenities, and “precise working environment” that students are likely to see when they begin work in finance and accounting
AAA Western & Central New York hires new corporate counsel
AAA Western and Central New York has announced the hiring of Elizabeth (Liz) Bove as corporate counsel. Bove, who will work from AAA’s headquarters in Amherst (suburban Buffalo), will represent AAA on all legal matters and provide legal counsel to the organization. She most recently worked as a senior associate at Phillips Lytle LLP in Buffalo, AAA
Five Star Bank formally opens its relocated branch in Elmira
ELMIRA, N.Y. — Five Star Bank on Monday formally opened its relocated branch in Elmira, a 2,400-square-foot office at 100 West Water St. Five Star
ConnextCare receives Jobs Award from Operation Oswego County
OSWEGO — Operation Oswego County (OOC) announced that it recently presented its 2021 Jobs Award to ConnextCare, an Oswego County health-care provider. OOC gave out the award at its July annual meeting, in recognition and appreciation of the significant contribution and impact of ConnextCare’s more than 250 jobs and over $14.4 million in payroll on
UnitedHealth Group to pay over $15M after mental-health coverage investigation
NEW YORK CITY — A major health insurer with an office in Syracuse will pay $15.6 million and take other corrective actions following investigations and litigation by the New York State Attorney General’s office and the U.S. Department of Labor (USDOL). United Behavioral Health and UnitedHealthcare Insurance are part of Minnetonka, Minnesota–based UnitedHealth Group. UnitedHealthcare
NYS Common Retirement Fund up nearly 6% in latest quarter
ALBANY —The New York State Common Retirement Fund’s estimated return in the quarter ending June 30 was 5.82 percent, according to New York State Comptroller Thomas P. DiNapoli. The fund ended the quarter with an estimated value of $268.3 billion. “The financial markets remain strong, as industry sectors and companies recover and adapt to the pandemic,”
Carrols Restaurant Group reports net loss in second quarter
SYRACUSE, N.Y. — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the nation’s largest Burger King franchisee, has reported a net loss of $9.6 million, or 19
UnitedHealth Group to pay nearly $16 million after state, federal probe of mental-health coverage
NEW YORK CITY, N.Y. — United Behavioral Health and United Healthcare Insurance Co. will pay $15.6 million and take other corrective actions following investigations and
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