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Mortgage rates drop to new low

Mortgage rates dropped for the second straight week to the lowest point in 50 years. However, it might not be enough to jump-start the housing market, according to an Associated Press report. Mortgage company Freddie Mac said the average rate ...

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PUC approves Rocky Mountain efficiency services rate request (access required)

State regulators have allowed Rocky Mountain Power, which operates in eastern Idaho, to increase its “Customer Efficiency Services Rate” from 3.72 percent of customer bills to 4.72 percent, effective July 1. The company originally sought an increase to 5.85 percent ...

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Workers’ compensation specialist Employers reorganizes, reduces Boise staff

Workers’ compensation insurance specialist Employers Holdings Inc., which fields a Boise office, has reorganized operations to “eliminate duplicative services and better align resources with business activity and growth opportunities,” the Reno-based company said in a July 2 filing with the ...

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Big pharma pays Idaho $106K to settle fraud claims (access required)

Idaho just got a $106,648 check, courtesy of a big drug company targeted in a nationwide Medicaid fraud allegations for its allegedly illegal efforts to boost the sale of a painkiller. Alpharma Inc., a unit of Bristol, Tenn.-based King Pharmaceuticals ...

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