Business News
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- Written by: Elizabeth Larson
Thompson will provide updates on legislation and other topics.
To make reservations for the dinner meeting, which starts at 5:30 p.m., call 925-330-5155 or email
Meetings are held on the Fourth Thursday of the month at the Moose Lodge, 15900 Highway 20 in Clearlake Oaks.
The Association is a nonprofit organization serving the combined communities of Clearlake Oaks and Glenhaven on the county’s Northshore. Membership is open to businesses throughout Lake County as well as individuals.
The association’s signature fundraiser is the annual Catfish Derby held in May. Funds raised at the derby support local elementary and high schools, the senior center and nonprofits benefiting youth and the elderly.
For more information contact the association at the above telephone number and email.
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- Written by: Elizabeth Larson
Redwood Credit Union announced that Business Development Manager Eric Maldonado has been named as Latino of the Year by the Board of Directors of the Hispanic Chambers of Commerce of San Francisco, or HCCSF.
Small businesses are a key component of San Francisco’s culture and vibrancy. Board members recognize Maldonado’s leadership and guidance to multiple organizations, which highlights the diversity of the city’s small business community and supports the economic growth of San Francisco and the Bay Area.
Maldonado is an experienced community advocate skilled in nonprofit organization, business planning, analytical skills, coaching, and sales. Board members laud him for using these abilities to make impactful contributions to the Latino community in San Francisco and beyond.
“Eric is a person who maintains, creates and demonstrates a culture of inclusivity, equity and support,” says Carlos Solórzano-Cuadra, CEO of the HCCSF. “He invests in the development of small business by keeping the Latino culture, flavor and identity present in his work at Redwood Credit Union, and in his personal life.”
“I am truly honored to receive this recognition from the Hispanic Chambers of Commerce of San Francisco and City Assessor Joaquin Torres,” said Maldonado. “This achievement was not accomplished alone; it reflects the power of collaboration and trust-building with our businesses, partners, and government officials. Together, we can find effective ways to support our community.”
The Latino of the Year Award was presented to Maldonado during a Hispanic Heritage Month Networking event at Mayah Restaurant in San Francisco on Sept. 17.
Founded in 1950, Redwood Credit Union is a full-service financial institution providing personal and business banking to consumers and businesses in the North Bay and San Francisco.
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- Written by: Lake County Chamber of Commerce
The board said this temporary, in-person position will play a crucial role in maintaining the chamber's operations and supporting its members during this transitional period.
The interim administrator will be responsible for key areas including membership services, fundraising, event planning, and the day-to-day oversight of chamber activities.
This move is designed to ensure the chamber continues to provide exceptional service to its members while the board of directors focuses on strategizing and planning for the organization’s long-term future.
“This interim position is essential for maintaining the high level of service our members expect and deserve,” said Pamela Heston Bechtol, chair of the CEO Search Committee and Director on the Board. “We are committed to ensuring a seamless transition and are excited about the future direction of the Lake County Chamber of Commerce.”
The position is expected to be filled immediately and will continue until on or before Dec. 1. During this time, the interim administrator will work closely with the board and chamber staff to support ongoing initiatives and prepare for upcoming events.
The board of directors appreciates the continued support of its members and looks forward to sharing more updates in the coming weeks.
For anyone interested in applying for the Interim Administrator position, please email a resume and cover letter to
Candidates may be asked to attend the next board meeting on the morning of Tuesday, July 23, at Mendocino College’s Lake County Campus in Lakeport.
Insurance Department files cease and desist order against company for health insurance product sales
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- Written by: DEPARTMENT OF INSURANCE
During the investigation the Department of Insurance interviewed several California residents that became Jericho Share members in 2021 and 2022 and experienced problems regarding coverage for medical issues and cancellation of their membership.
The investigation found Jericho Share is not currently licensed or authorized by the insurance commissioner to act in any capacity regarding the transaction of insurance in California.
The company sold misleading lookalike health plans marketed as “health care sharing ministries” that do not comply with California laws put in place to protect consumers.
These plans were marketed as cheaper alternatives to traditional coverage when, in reality, they do not provide comprehensive coverage for pre-existing conditions and other coverage as required by state and federal laws.
The investigation and resulting order will require Jericho Share to pay a monetary penalty of $10,000 and permanently discontinue operations in the state of California.
The department urges consumers who purchased products from Jericho Share to contact Covered California at 855-295-4357 or online at www.coveredca.com, to determine if they have experienced a qualifying life event that entitles them to a special enrollment opportunity.
Consumers are also encouraged to contact the Department of Insurance’s Hotline at 800-927-4357 to learn about their options or to file a complaint if they were faced with unexpected costs or other problems with Jericho Share, or any other health care sharing ministry.
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