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DANGER AHEAD? A police officer directs traffic away from River Street in West Warwick during widespread flooding in April 2010 while firefighters evacuate residents. Following flood insurance rate changes in October, about 10% of homeowners in the state have dropped their coverage. 
PBN FILE PHOTO

Homeowners urged to revisit flood insurance following new FEMA rate formula

A fully paid-off home may seem to be a symbol of financial stability. And in many ways, it’s undoubtedly a vital safety net. “It’s wealth...

R.I. billionaire Nelson to exit CEO role at Providence Equity Partners

PROVIDENCE – Jonathan Nelson will exit his role as CEO of Providence Equity Partners LLC and become the private equity firm's executive chairman, the...
JONATHAN NELSON, CEO of Providence Equity Partners LLC. /COURTESY PROVIDENCE EQUITY PARTNERS

Forbes: Jonathan Nelson richest person in R.I.

PROVIDENCE – Jonathan Nelson, founder and CEO of Providence Equity Partners, was again recognized by Forbes as the richest person in Rhode Island with...
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