April 7, 2014
Over the past week, proponents of the Affordable Care Act have touted the sheer numbers of those enrolling in health plans offered on both the federal and statewide exchanges, which nationally reached more than 7 million and in California reached over 1.2 million — both above stated goals.
By most accounts, the volume and the last-minute rush of people signing up as enrollment closed indicates a successful cap to a rocky and bitterly partisan start for the new law.
But as details of those who enroll become clearer in the coming weeks, insurance carriers and brokers will be closely watching the spread of risk, or whether or not enough younger, healthier individuals signed up to offset the older or sicker population, to keep rates down.
April 7, 2014
The year 2014 brings new opportunities and challenges for the insured, the uninsured, employees, employers, and employer sponsored health plans. Whether employers continue to provide a health plan in 2014 and beyond may depend on what the employer plan looks like, cost of the plan, what competitors are practicing, and finally, what the political landscape looks like.
Many employers feel it’s a competitive advantage to provide a plan to their employees in order to attract and retain key talent. But how can an employer comply with the Affordable Care Act (ACA), engage their employees, and keep their wallets intact? Here are four steps employers should consider to determine the fate of their benefit programs.
April 1, 2014
UPDATED 4:58 P.M. SANTA ROSA — After more than two years of negotiations with a number of suitors, Santa Rosa-based Redwood Regional Medical Group, one of the most established and largest physician-owned groups in the North Bay, agreed to merge a majority of its operations into St. Joseph Health’s Annadel Medical Group, bringing together two of Sonoma County’s most prominent health care providers.
March 24, 2014
NORTH BAY — California lawmakers have bolstered a state-sponsored program to finance the upgrade and removal of underground petroleum storage tanks and related systems, highlighting an ongoing need for that work in areas including the North Bay, according to the program’s regional administrator and others.
March 24, 2014
Mendocino County’s Economic Development & Financing Corporation is taking early steps to embark on a direct public offering, with plans to fund a new loan program aimed at startups and other ventures that would struggle to obtain financing from a traditional lender.
With a draft prospectus expected for internal review in April and a public offering possible later this year, the effort would provide a highly regional vehicle for investors and boost the EDFC’s other loan programs for small business.
March 21, 2014
Sonoma County led the North Bay in February in the number of jobs added year-over-year, while unemployment rates across the North Bay were largely unchanged or a few tenths of a percentage point lower after a seasonal uptick in January, according to state figures released Friday.
March 17, 2014
Canyon Rock acquired Bohan & Canelis’ Cazadero quarry and concrete plant at the end of January. …
Residential design-builder Fairweather & Associates added 10,000 square feet to its southwest Santa Rosa shop. …
Hal Race returned to run Brelje & Race Laboratories after 44 years in other ventures. …
Yolo planning and public works chief David Morrison is set to start as Napa County’s new planning director this month. …
Rick Carlile joined BKF Engineers’ Santa Rosa office as a project manager. …
LACO Associates added a geotechnical engineer in Santa Rosa and a lab manager in Ukiah. …
Cinquini & Passarino celebrates its 60th anniversary this year. …
March 7, 2014
While jobless rates increased in North Bay in January because of seasonal job shifts, the region had net gains of at least 16,800 jobs in January from a year before, according to state figures released Friday.
March 3, 2014
The organizers of Wine Industry Technology Symposium launched Beer Industry Technology Symposium. …
The Napawise free wood-chipping program for county residents recently received nearly $50,000. …
The U.S. EPA named two North Bay tribes among 10 native organizations to receive grants for wetlands protection. …
Vallejo-based Blu Homes, Inc., maker of prefabricated homes, announced the newest model …
Zan Media has been selected for the 2013 California Excellence Award. …
TSYS announced today that it has increased its stake in San Rafael-based Central Payment …
Napa’s Delicato Family Vineyards announced the national launch of Millennial-targeted brand Belle Ambiance. …
February 24, 2014
ROHNERT PARK — Leading economic indicators suggest that the North Bay counties of Marin, Sonoma, Napa, Solano, Mendocino and Lake will enjoy continued growth in 2014. The emerging question, however, is whether the current economic cycle is approaching peak, according to an annual regional economic forecast at the 2014 Sonoma State University Economic Outlook conference Wednesday.
February 24, 2014
The regional economy is showing signs of continued growth in 2014. All six North Bay counties — Lake, Marin, Mendocino, Napa, Solano and Sonoma — are trending up in both leading and coincident indicators, showing that the region is in full recovery five years after the Great Recession of 2008–2009.
February 24, 2014
Employment projections for California North Coast counties from 2010 to 2020 show significant gains in both the fastest growing and largest expanding job categories, according to state-conducted surveys.
February 17, 2014
Simione Healthcare Consultants acquired Boyd & Nicholas, a health care consulting firm based in Rohnert Park. …
Santa Rosa-based Oakmont Senior Living is highlighting the recent opening of The Terraces. …
Sonoma Valley Health Care District said it has completed refinancing of the 2009 general obligation bonds. …
Joanne LaMonica, MD, a urologist, has joined Adventist Health-owned Ukiah Valley Medical Center. …
St. Joseph Health-operated Queen of the Valley’s CARE Network in Napa was honored by Premier. …
Kaiser Permanente said it has distributed grants totaling $49,000 to establish community partnerships with 12 elementary schools within the Santa Rosa City Schools District and two elementary schools — Laurel Dell and Short Elementary — in San Rafael.
Hospice by the Bay on March 19 will hold a free seminar, “The Life of Your Estate After Death: Probate and Trust Administration.”
February 10, 2014
The size of the winegrape crop in the North Coast reached about $1.4 billion in value and 562,000 tons, up 2.4 percent and 1.1 percent, respectively, from the record-scale 2012 crop, according to the first release of the state’s tally of the harvest released Monday.
February 10, 2014
This is the Business Journal’s inaugural spotlight on the leaders in the North Coast’s rapidly growing craft beer industry.
Breweries featured here are, in alphabetical order, 101 North Brewing, Anderson Valley Brewing, Bear Republic Brewing, Healdsburg Beer, Lagunitas Brewing, Marin Brewing, Mendocino Brewing, Moonlight Brewing, Napa Point, North Coast Brewing, Petaluma Hills Brewing, Russian River Brewing, St. Florian’s Brewery and Third Street Aleworks.
February 3, 2014
HOPLAND — As St. Helena-based Duckhorn Wine Co. plans to shift full production of a rapidly growing brand to Mendocino County winery, Rack & Riddle Custom Wine Services is preparing to complete its relocation and expansion from that facility to Sonoma County’s Alexander Valley.
January 27, 2014
As California grapples with what is shaping up to be one of the worst droughts in decades, winegrape growers and other agriculture businesses are racing to strengthen or establish crop insurance policies as a hedge against potential weather-related damage that could translate to significant financial losses.
January 27, 2014
Montgomery Taylor & Company in Santa Rosa recently hired Alan Wingate as its new tax adviser. …
Seth Howland is the new executive associate for Montgomery Taylor & Company. Michael Randolph has recently joined Willow Creek Wealth Management as a financial adviser. …
Anthony Robello of Mill Valley joined Parallel Advisors. …
Brad Bollinger was elected board chair of the North Bay Leadership Council. …
Patty Garbarino was elected vice chair of NBLC’s board. …
Chris Yeakey is a new agent with Coldwell Banker Brokers of the Valley’s commercial division, Coldwell Banker Commercial. …
Ukiah Valley Medical Center added cardiologist David R. Ploss, MD, to its medical staff. …
Friedemann Goldberg, LLP, announced that Mia Shirley has recently joined the firm as an associate attorney. …
Jason Vargelis joined the board of directors for Buckelew Programs. …
Les Clefs d’Or USA has awarded Jim Anderson, chief concierge at the Fairmont Sonoma Mission Inn & Spa, membership into the elite organization. …
January 24, 2014
Five of the six North Bay counties had lower rates of joblessness in December than for California as a whole, and three counties were better off in unemployment than the nation, according to the latest state figures.
The unadjusted unemployment rate was 7.9 percent for California and 6.5 percent for the nation last month, according to the Employment Development Department.
January 22, 2014
The parent companies of Chico-based Tri Counties Bank and Redding-based North Valley Bank, which has three North Bay locations, have agreed to merge into a combined $3.5 billion-in-assets institution in mid-2014.
In the North Bay, North Valley Bank has branch offices in Santa Rosa and Willits and a loan production office in Ukiah. Tri Counties Bank doesn’t have a local presence.
North Valley Bank has made strides in the North Bay in recent years, attracting a number of well-known bankers to its team.
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