A.M. Best Co. has upgraded Guaynabo-based Trans-Oceanic Life Insurance Company’s issuer credit rating (ICR) to “bbb+” from “bbb” and affirmed the financial strength rating of B++. The outlook for the FSR is stable, while the outlook for the ICR has been revised to stable from positive.
Walmart Puerto Rico is sponsoring a six-week fundraising effort at all of its local stores, including Sam’s Club, Amigo and Súper Ahorros locations, in benefit of the San Jorge Children’s Foundation, the local member of the Children’s Miracle Network Hospitals group.
Specialty Coffee Institute of the Caribbean, the island’s first university-run coffee tasting laboratory, was inaugurated Thursday at the University of Puerto Rico in Utuado, with the goal of fostering the development of high-quality coffee.
The U.S. Environmental Protection Agency announced Wednesday it will assign $600,000 to help the community of Villalba asses and clean up abandoned and contaminated sites.
The U.S. Small Business Administration and the Puerto Rico Engineers and Land Surveyors will cosponsor the 9th annual Business Matchmaking Event to pair small firms with federal government agencies seeking vendors.
The first Pasarell Cup golf tournament was held recently at the Golf Links at the Royal Isabela resort, a three-day event during which brothers and event captains Charlie and Stanley Pasarell faced off with their respective teams in Isabela.
The Puerto Rico Society of CPAs will mark its 40th anniversary during the upcoming “CPA Week,” May 12-18. As in previous years, the celebration will feature seminars and social activities for the CPAs.
The Senate agreed today to ask the U.S. Congress to pass a law that grants a partial exemption to Puerto Rico on compliance with Jones Act (cabotage) laws to allow the use of large maritime vessels built outside the United States.
The Puerto Rico Association of Insurance Companies announced Monday that the probe launched in 2010 by federal authorities has concluded without any claims filed against the organization that has represented Puerto Rico insurance providers since 1975.
Wireless provider AT&T launched a program on May 1 giving clients who trade in their current smartphones at least $100 toward the purchase of a new one, including the new Samsung Galaxy S 4, BlackBerry Z10, 32 GB HTC One, and the iPhone 5.
The Compulsory Insurance Joint Underwriters Association (known as ASC by its initials in Spanish) recently announced it has extended its call center hours in benefit of Puerto Rico clients.
Banco Cooperativo recently launched its new “Zona Card,” a MasterCard debit card exclusive for the “Z” generation — 16 to 25 year-olds — available at participating credit unions. BanCoop also launched a mobile application that will help clients locate credit unions and ATMs affiliated with the Red Coop24 network.
Popular Inc. announced Thursday that at its annual meeting of stockholders, held on April 30, approved the reelection of a director and the election of a new director to its board of directors.
In keeping with “its legacy of innovation, quality and service excellence,” retailer SuperMax announced Thursday the availability of new departments and services at its Ponce Town Center Store to offer consumers “a new shopping experience.”
The Holmes Report has named global public relations firm Burson-Marsteller the “2013 Latin American Agency of the Year.” This recognition comes to the firm after a year of growth and award-winning work in the Latin American region. The Holmes Report will present the award at its annual SABRE Awards Dinner on May 7 in New York City.
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