The governor of Puerto Rico overhauled the U.S. territory’s insurance laws on Tuesday to help protect policyholders as thousands of claims remain unresolved more than a year after Hurricane Maria. Gov. Ricardo Rossello signed six laws into effect as he …
Thousands of Puerto Ricans have been forced to drain their savings, close their businesses, or resign themselves to living with structural damage as they fight insurance companies over millions of dollars’ worth of claims that have gone unanswered or unpaid …
The National Association of Insurance Commissioners (NAIC) says that since January, 10 state insurance departments have sent more than 20 regulators and NAIC has sent staff to support the office of Puerto Rico’s insurance commissioner. Puerto Rico has been recovering …
