Commissioner Alexander Adams-Vega stresses early review of coverage, flood protection, and deductibles for homeowners and businesses. #NewsismyBusiness
Increased capacity and flexibility improve conditions for buyers. #NewsismyBusiness
As part of its compliance commitments, MMM must overhaul its marketing and referral practices to align with federal regulations. #NewsismyBusiness
Humana Insurance of Puerto Rico Inc. and Humana Health Plans of Puerto Rico Inc. have struggled with increasing losses, particularly in their Medicare Advantage segment. #NewsismyBusiness
The insurer seeks $800,000 in damages. #NewsismyBusiness
Aon projects that economic losses from Hurricane Milton and additional events expected to take place during the rest of the year will push annual insured losses above the 2023 level of $125 billion. #NewsismyBusiness
MCS Classicare is now the largest five-star Medicare Advantage plan in the United States and Puerto Rico. #NewsismyBusiness
The MCS Foundation has extended its financial support to the Salvation Army Puerto Rico and USVI Division, with more than $200,000 in donations over the last five years. #NewsismyBusiness
MCS is seeking new mentoring opportunities for medical students and resident physicians. #NewsismyBusiness
The company announced the process of changing its name as part of its “move toward the future at the service of Puerto Rican credit unions.” #NewsismyBusiness
The Puerto Rican insurer surpassed its 2023 targets. #NewsismyBusiness
MCS exceeded growth expectations during the recently ended annual enrollment period as its commercial health plans also added a significant number of new beneficiaries for 2024. #NewsismyBusiness
This year, Verizon awarded its Climate Resilience Prize to Raincoat, Sesame Solar, 10Power and Perimeter. #NewsismyBusiness
The startup plans to introduce more innovative products within the next few months to further strengthen its offerings. #NewsismyBusiness
The insurance industry’s Gross Domestic Product (GDP) reached $1.45 billion in fiscal year 2021, representing 28% of the financial sector’s GDP.
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