AGP Executive Report
Last update: 11 hours agoCorporate Deal: Delaware’s Supreme Court upheld an order requiring Verisk to keep pursuing its $2.35 billion AccuLynx acquisition and close if regulators approve it. Office Market: Wilmington’s office vacancy rate fell to 15.9% in the third quarter, its lowest level in two decades, as businesses took up more space and leasing strengthened. Utility Costs: Delmarva Power is seeking a $75.8 million rate increase for grid upgrades, renewing concerns about higher electricity costs for households and businesses. Small Business: Delaware launched a pilot to coordinate inspections for new businesses, aiming to simplify the startup process; the state also added a Verizon broadband project to its JobsFirst accelerator. Workplace Costs: Workers’ compensation rates will drop 3.9%, marking a tenth straight annual decrease. Property Taxes: A New Castle County review linked reassessment problems to a 40-year gap in commercial property assessments, as the county continues handling thousands of appeals.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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