Pan-American Life Insurance Company of Puerto Rico, a member of Pan-American Life Insurance Group, a provider of insurance and financial services throughout the Americas, announced the introduction of PanaMed, a new limited benefit indemnity product.
Billionaire Nicholas Prouty's latest investment in Puerto Rico — the $108 million expansion of the Ciudadela housing and commercial complex in Santurce — will benefit from local tax incentives to achieve savings he plans to pass on to future buyers.
More than half of Puerto Rico homes had access to the Internet in 2013, according to data released by the U.S. Census Bureau through its Puerto Rico Community Survey.