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FM, THE GLOBAL COMMERCIAL property insurer based in Johnston, has purchased the office building at 10 Memorial Boulevard in Providence for $68.5 million. / PBN FILE PHOTO/CHRIS BERGENHEIM

Insurer FM buys 10-story Memorial Blvd. building for $68.5M; expanding into...

PROVIDENCE – FM, the global commercial property insurer based in Johnston, has purchased the 10-story office building at 10 Memorial Blvd. that overlooks Waterplace...
A NEW STUDY concluded that companies unprepared for storm damage, such as that delivered during the 2012 landfall of Sandy in Westerly, lost 5% of their market capitalization over the year after the storm, / PBN FILE PHOTO/BRIAN MCDONALD

Study: Hurricanes depress firms’ market caps

  JOHNSTON – A new study commissioned by FM Global links hurricane damage to a loss in enterprise value. Dozens of large, publicly traded companies that...
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