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DFS issues final guidance for N.Y. insurers on financial risks from climate change
ALBANY, N.Y. — The New York State Department of Financial Services (DFS) on Nov. 15 issued final guidance to state–regulated domestic insurers detailing DFS’s expectations on their management of the financial risks from climate change. After issuing a proposed version of the guidance in March, DFS said it received comments from a broad range of […]
BCA Architects & Engineers names Overton CEO
WATERTOWN, N.Y. — BCA Architects & Engineers recently announced it has named Travis C. Overton as its next CEO. Overton will succeed Kevin E. Lewis,
Utica Gas & Electric FCU names Brown president and CEO
NEW HARTFORD, N.Y. — Utica Gas & Electric Federal Credit Union (FCU) recently announced Lori Brown as its new president and CEO. She succeeds John
N.Y. lawmaker calls for Malatras removal after SUNY board backs system chancellor
ALBANY, N.Y. — Even after the SUNY board of trustees issued a Friday evening statement backing SUNY Chancellor Jim Malatras, a key New York lawmaker
NUAIR adds two positions to help business growth, advance the region’s drone corridor
SYRACUSE, N.Y. — NUAIR has added two new positions to pursue business growth and advancement of New York’s 50-mile drone corridor between Syracuse and Rome.
Hochul signs bills focused on state-agency support of small businesses
New state laws creating a small-business liaison at certain state departments and one requiring New York’s secretary of state to confirm receipt after receiving a
East Syracuse Chevrolet sold to Buffalo-area auto group
DeWITT, N.Y. — A prominent automotive group in the Buffalo area is entering the Syracuse market for the first time with its purchase of East
Five Star Bank parent company to pay Q4 dividend in early January
WARSAW, N.Y. — Financial Institutions, Inc. (NASDAQ: FISI), parent of Five Star Bank, recently announced that its board of directors has approved a quarterly cash dividend of 27 cents per share of its common stock for the fourth quarter. Financial Institutions said it will pay its quarterly dividend on Jan. 3, to shareholders of record
CNY regions post lower jobless rates, add jobs in October
Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, Ithaca, and Elmira regions fell in October compared to a year ago as the regions continued to recover from the impact of layoffs in the COVID-19 pandemic. The figures are part of the latest New York State Department of Labor data released Nov. 23. In addition, the Syracuse,
Security Mutual adds insurance-industry veteran to board
BINGHAMTON, N.Y. — Security Mutual Life Insurance Company of New York announced that it has appointed insurance-industry veteran Robin Lenna to its board of directors. Lenna is senior VP at Vitech Systems Group, a New York City–based global provider of cloud-native benefit and investment-administration software. “We are happy to welcome Robin to the Board of
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