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News
Sonoma County eyes one-year contract with fairgrounds operator amid questions over racetrack future
11+ hour, 27+ min ago (630+ words) Sonoma County officials will decide Tuesday whether to renew their contract with the nonprofit that runs the county fairgrounds for just one year instead of five as the end of horse racing continues to weigh on fair attendance and revenues....
Federal tax burden rises across U.S., including California
13+ hour, 26+ min ago (302+ words) According to numbers from the national firm J. David Tax Law, federal income tax burdens have grown dramatically across the country – with California in fifth place nationally. Californians saw an average increase in their federal income taxes to $26,588 per filer. Delaware,…...
ART reviews five-year bans of two former advisers
3+ day, 6+ hour ago (570+ words) Two former financial advisers have had their bannings reviewed by the Administrative Review Tribunal (ART) over participating in flawed advice models. Shane Monte Silva, formerly an authorised representative of FSGA and financial adviser at AS Financial Planning Pty Ltd, was…...
California wildfire survivors urge leaders to stop utility fires, not just fight over who pays
1+ day, 13+ hour ago (555+ words) "It's been very much a slap in the face that while Eaton Fire survivors are suffering … Edison's profits have tripled since the fire." Wildfire survivors in California are trying to redirect the conversation in Sacramento. Instead of arguing over how…...
California sanctions insurer after it cut assisted living coverage to thousands
5+ day, 4+ hour ago (336+ words) California regulators ordered Health Net to fix how it’s handling the termination of assisted living services for low-income residents after the insurer’s abrupt decision left patients and providers scrambling. The state’s corrective action plan requires Health Net to extend services…...
Calmatters: California Sanctions Insurer After It Cut Assisted Living Coverage To Thousands
2+ day, 23+ hour ago (315+ words) California regulators ordered Health Net to fix how it's handling the termination of assisted living services for low-income residents after the insurer's abrupt decision left patients and providers scrambling. The state's corrective action plan requires Health Net to extend services…...
Major changes to California home insurance could be coming under bills headed to Newsom's desk
5+ day, 7+ hour ago (782+ words) California lawmakers passed several bills aimed at remedying problems in California's home insurance market - even as they postponed resolving complex questions surrounding the balance between insurance companies' and electric utilities' payouts when the latter's equipment sparks wildfires. The utility reforms…...
Only one-third of California businesses survive 10 years. That’s typical.
2+ day, 23+ hour ago (812+ words) California bosses like to complain that the Golden State is a very difficult place to operate. My trusty spreadsheet analyzed a LendingTree study that examined government statistics on the longevity of establishments to identify which individual businesses lasted 10 years or…...
Wealthy investors are pouring billions into this new tax strategy despite risks
2+ day, 20+ hour ago (977+ words) Wealthy investors are pouring billions into a new tax-saving strategy despite potential risks, according to investment experts. Total assets invested in so-called tax-aware long-short strategies — or TALS — have surged to more than $170 billion from $2 billion in 2022, according to Tax Alpha…...
California sanctions insurer after it cut assisted living coverage to thousands • The Mendocino Voice | Mendocino County, CA
3+ day, 10+ hour ago (324+ words) This was written by staff at the nonprofit newsroom CalMatters. It was republished by The Mendocino Voice in partnership with CalMatters to bring relevant nonpartisan news to Mendocino County readers. Learn more about CalMatters here. If Health Net does not…...