YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Commercial property rates rose nationally in the second quarter – up 10.9% year over year, compared to 10.5% in the first quarter. That marked the largest renewal premium hike among several lines of insurance coverage tracked in a July report by Ivans Insurance Services, a unit of industry software provider Applied Systems Inc.
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The future of Plaza Towers is in question as the owner of the 10-story, 130,000-square-foot property faces a litany of criminal charges amid millions of dollars’ worth of renovations to the real estate.
