A.M. Best has placed Triple-S Propiedad Inc.’ Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” under review with negative implications, following the company’s recently announced significant decline in policyholder surplus.
Triple-S Management Corporation announced its second quarter 2018 results, that included a net loss of $38.7 million, or $1.68 loss per diluted share, versus net income of $12.7 million, or $0.52 per diluted share in the prior-year period.
The U.S Minority Chamber of Commerce announced open registration for its national conference, the 2nd Puerto Rico Reconstruction Summit 2018, "Planning Today for Rebuilding Tomorrow."
The Leona M. and Harry B. Helmsley Charitable Trust announced $1.3 million in new funding to The Solar Foundation and Direct Relief to ensure continuous access to healthcare for communities in Puerto Rico devastated by Hurricane María.
The Mall of San Juan has continued its strong post hurricane recovery, with an 86 percent occupancy rate, and new tenants to reopen in the fall, Robert Taubman, CEO of Taubman Centers Inc. said during a quarterly earnings call with analysts.
Democracy Forward Foundation filed a lawsuit on Tuesday against the Federal Emergency Management Agency (FEMA) for failing to release records detailing information about its response to the disaster on behalf of the Center for Investigative Journalism and LatinoJustice.
The Puerto Rico Community Foundation granted $1.35 million in donations to rehabilitate or rebuild 87 homes for low- and moderate-income families whose properties were damaged by Hurricane María.
The Federal Emergency Management Agency has agreed to efforts by Hurricane María Legal Aid and other legal service providers to reconsider the requests for assistance from property owners in Puerto Rico who have no formal deed or documentation to prove it.
The Economic Development Bank for Puerto Rico announced that effective immediately, it will begin offering new loans capped at $50,000 aimed exclusively at helping small and medium businesses effectively prepare for emergencies such as hurricanes and avoid subsequent interruption in business operations.
In a vote of confidence for its innovative projects that are helping to stimulate Puerto Rico’s economic rebound following the devastation of Hurricane María, the U.S. Chamber of Commerce Foundation selected Foundation for Puerto Rico President Annie Mayol to address the 7th Annual Building Resilience through Private-Public Partnerships Conference held in Washington, D.C. this week.
Gov. Andrew Cuomo headed a delegation of New York government representatives, students and other volunteers to Puerto Rico, where the ‘NY Stands with Puerto Rico Recovery and Rebuilding’ initiative has cleaned, restored, and rebuilt 90 homes across the island.
Puerto Rico Gov. Ricardo Rosselló confirmed that the federal government, through the Federal Emergency Management Agency (FEMA), signed the agreement to have access to Community Disaster Loans.
The U.S. Department of Agriculture announced that agricultural producers in Puerto Rico affected by Hurricane María in 2017 may now apply for assistance to help recover and rebuild their farming operations.
CBS News Correspondent David Begnaud, who has been widely recognized for his work covering the impact of Hurricane María in Puerto Rico, will deliver the keynote speech during the Polytechnic University’s 39th graduation ceremony on July 26.
The McConnell Valdés Disaster Relief Fund, established by the namesake law firm after the passage of hurricanes Irma and María, awarded $60,000 in grants to seven nonprofit entities in Puerto Rico.
The Federal Emergency Management Agency awarded more than $140 million in Public Assistance grants for Hurricane María recovery in Puerto Rico, the agency announced..
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