Damaged Manhattan Tower Owner to Reconstruct 15 Floors After Evacuation

The developer behind the Midtown Manhattan tower that was evacuated over structural concerns Tuesday says it has a plan to fix the issue, including reconstructing 15 floors that were added to the original building as part of its conversion into …

Commercial risk teams are responding with tighter controls, scenario modeling, and broader collaboration across underwriting, claims, and cyber operations.

Leaders continue to prioritize resilience planning while balancing cost, coverage terms, and operational exposure in a changing market cycle.