July 10, 2025
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HUB International acquires Riviera Insurance

By   /  Tuesday, November 1st, 2016  /  Latest news  /  Comments Off on HUB International acquires Riviera Insurance

Chicago-based HUB International Insurance Services acquired Riviera Insurance Services in Santa Barbara, Hub announced on Nov. 1. Riviera’s Chris Hill and Steve Woodward, along with their staff, will join a team of more than 40 Tri-County brokers from San Luis Obispo to Westlake Village. Riviera will continue to operate from its location at 418 Chapala Read More →

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Founders Community Bank in SLO being acquired

By   /  Monday, October 31st, 2016  /  Banking & Finance, Banking Industry, Central Coast, Latest news, Tri-County Economy  /  Comments Off on Founders Community Bank in SLO being acquired

Fresno-based Premier Valley Bank will acquire San Luis Obispo-based Founders Community Bank in a stock-and-cash transaction valued at approximately $29.1 million, or $21.87 per share, the companies announced on Oct. 31. The parent company of Premier, Heartland Financial USA, aims to acquire Founders, a wholly-owned subsidiary of Founders Bancorp, in a 70 percent stock and Read More →

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Housing solution key to strong Central Coast economy

By   /  Friday, October 28th, 2016  /  Central Coast, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Housing solution key to strong Central Coast economy

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Companies sue Brooks Institute owner over pay

By   /  Friday, October 28th, 2016  /  Columns, Latest news, Law & Goverment  /  Comments Off on Companies sue Brooks Institute owner over pay

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MindBody revenues grew 35 percent in third quarter

By   /  Wednesday, October 26th, 2016  /  Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on MindBody revenues grew 35 percent in third quarter

MindBody continued on its path to profitability during the third quarter as revenues grew 35 percent. Revenues increased from $26 million during the same quarter of 2015 to $35.2 million in 2016. Net losses also decreased 39 percent from $9.62 million in 2015 to $5.89 million in 2016. Chief Financial Officer Brett White said on Read More →

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Dignity Health plans merger with Catholic Health Initiatives

By   /  Monday, October 24th, 2016  /  Health Care & Life Science, Latest news  /  Comments Off on Dignity Health plans merger with Catholic Health Initiatives

San Francisco-based Dignity Health plans to merge with Colorado-based Catholic Health Initiatives in a deal that would combine a couple of the largest nonprofit providers in the country, Dignity announced on Oct. 24. Dignity Health owns five hospitals in the Tri-Counties, including Arroyo Grande Community Hospital, French Hospital Medical Center in San Luis Obispo, St. Read More →

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Freeport-McMoRan sells California onshore oil, gas properties

By   /  Friday, October 21st, 2016  /  Energy, Latest news  /  Comments Off on Freeport-McMoRan sells California onshore oil, gas properties

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