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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...
FLOOD-PRONE: Grover Fugate, executive director of the R.I. Coastal Resources Management Council, stands in front of properties on Strand Avenue in an at-risk area for flooding near the Oakland Beach neighborhood in Warwick.
 / PBN PHOTO/MICHAEL SALERNO

Report: R.I. homebuilding codes don’t cover all storm risks

Rhode Island again scored well in a recent report on the strength and enforcement of its homebuilding codes. However, with the 2018 hurricane season...

Pressure on households grows

Is the U.S. economy enjoying a honeymoon, or is this merely a hiatus? Although this isn’t a subject of discussion among most economists, there...
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