Insurance ratings agency A.M. Best on Wednesday revised its outlook on Cooperativa de Seguros de Vida de Puerto Rico (known as Cosvi for its acronym in Spanish), to positive from stable and affirmed the company's financial strength rating of B- (Fair) and issuer credit rating of “bb-."
As the price of copper continues to rise — more than doubling in the last two years — its theft is also escalating, prompting several local government agencies this week to take a stance against the problem by raiding a number of outlets dedicated to buying the metal without asking for evidence of its origin, as required by law.
Credit: Carlos Anguita U.S. District Court Judge Carlos Domínguez on Wednesday sided with the Puerto Rico Farm Bureau granting its petition for an increase in the price of fresh milk, to compensate for their operational costs. During a hearing, the judge ordered the Milk Industry Regulatory Office, known as ORIL, to comply with Regulation 12 […]
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