Insurance commissioner urges carriers to cut workers comp premiums 14 percent

[Source: Los Angeles Business Journal] California Insurance Commissioner Dave Jones is urging insurance carriers in the state to cut the workers compensation premiums they charge employers by 14 percent. Thursday Jones lowered his suggestion for the average premium rate to $2.19 per $100 of employer payroll, which represents a 14 percent drop on average from Read More…

California bioscience company moving HQ to Denver area, creating 130 jobs

[Source: Denver Business Journal] A California bioscience company is moving its headquarters to Arapahoe County and creating some 130 new jobs, the Colorado Office of Economic Development and International Trade said Thursday. Viveve Medical Inc. (Nasdaq: VIVE) manufactures non-surgical devices for treatment of vaginal conditions. It is finalizing a lease and expects to relocate from Read More…

State’s environmental program helps raise $64.5 million for housing in LA

[Source: Los Angeles Daily News] Several Los Angeles-based affordable housing complexes, including Watt’s Jordan Downs, will benefit from money raised through California’s cap-and-trade program, state and local representatives said Wednesday. Jordan Downs will receive $12 million for its first phase of construction, which includes $2 million for street improvements along Century Boulevard, from a committee Read More…

South Coast air district to settle suit with Moreno Valley over World Logistics Center: Update

[Source: The Press Telegram] The South Coast Air Quality Management District board has voted to settle its lawsuit with the Moreno Valley over the World Logistics Center but is not yet disclosing terms of the deal. With the air board, county and Riverside County Transportation Commission withdrawing their objections, the agreement eliminates several of the Read More…