ORISKANY, N.Y. — Utica First Insurance Co. will hold a ribbon-cutting ceremony on Friday, April 8, at noon, to formally mark the opening of the new addition at its headquarters at 5981 Airport Road in Oriskany.
The company added 6,600 square feet to the structure to accommodate its growing staff. Employees began working in the new space on Feb. 23, the firm said in an email.
Several local dignitaries, as well as Utica First’s entire staff and board of directors are expected to be at the event.
(Sponsored)
CECL Accounting Standard: What You Need to Know
The Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 326, Financial Instruments-Credit Losses, became effective for all entities on January 1, 2023. This accounting standard introduces the current expected
Timekeeping Trap: Be Careful When “Rounding” an Employee’s Work Time
The Fair Labor Standards Act (FLSA) regulations do not require an employer to track and pay an employee for the exact number of minutes they actually work. As currently written,
Utica First Insurance has 92 total employees, 83 of which work at the Oriskany site. The firm says it recently added one new job.
The company used Charles A. Gaetano Construction Corp. on the $2 million addition project.
Utica First Insurance, whose president and CEO is Richard J. Zick, was founded in 1903 as Utica Fire Insurance Co. of Oneida County. It is a regional property and casualty insurance carrier specializing in serving small contractors, restaurants, retail stores, offices, and homeowners. The company says it sells policies in the states of New York, Connecticut, Massachusetts, New Jersey, Maryland, Ohio, Pennsylvania, and Virginia.
Contact The Business Journal News Network at news@cnybj.com
