Raincoat, a microinsurance technology company based on the island, partnered with the Puerto Rico Children and Youth Rights Network to provide free microinsurance financial protection against hurricanes to 500 low-income Puerto Rican families and Network participants. Raincoat creates technologies to provide adequate protection to people facing adverse weather conditions and natural disasters. The policy offers coverage of up to $1,000 a year. “This […]
Puerto Rico’s short term economic performance is “overshadowed by a large cloud of uncertainty,” as the island’s government concurrently addresses the impacts of three systemic shocks: the COVID-19 pandemic; Hurricane María; and the central government’s bankruptcy, said Sergio Marxuach, Center for a New Economy’s Policy Director and Editor of the think tank’s publication: The CNE […]
The Puerto Rico Ports Authority and LMA Aviation signed a 10-year lease for the use of facilities at the José Aponte de la Torre de Ceiba regional airport, it was announced. LMA Aviation is a Fixed Base Operator (FBO) that offers complete fuel services at that eastern-region airport, as well as ground handling services and […]
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