AGP Executive Report
Last update: 3 hours agoCorporate Moves: FM plans to shift its global headquarters from Johnston to downtown Providence, with renovations to its 10 Memorial Boulevard building expected to finish in late 2027; the company says the Johnston campus will eventually close, but hasn’t detailed workforce impacts. Health Care Costs: Neighborhood Health Plan of Rhode Island is suing the state, alleging $100 million in unpaid Medicaid reimbursements. The insurer covers about one in five Rhode Islanders. Economic Pulse: Economist Leonard Lardaro reports Rhode Island’s economy had a breakout performance in September. Energy Bills: Rhode Island Energy says enhanced electric discounts for eligible customers will begin in early 2027. Permitting Debate: The Senate advanced a broad energy and infrastructure bill that would make large data centers pay more for grid upgrades. Providence Preservation Society warns proposed changes could limit public input on development and historic sites. Health Coverage: Rhode Island is launching state-funded ACA premium assistance in 2027, joining at least 10 other states with extra help for marketplace customers.
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