Citing the “ongoing leadership changes within the Puerto Rican government,” the Federal Emergency Management Agency announced its decision to reinstate the manual drawdown process for the Commonwealth of Puerto Rico as an additional step to protect the federal investment. Effective immediately, the Commonwealth must receive approval from the agency to drawdown grant funds for Hurricanes […]
U.S. Environmental Protection Agency Regional Administrator Pete Lopez visited Puerto Rico recently as part of the agency’s “aggressive efforts” to advance recovery from Hurricanes Irma and María, as well as tackle ongoing environmental challenges in the Caribbean. The trip included participation in forums, with an array of community groups such as the San Juan Bay […]
A recent study on catastrophes published by Aon revealed that 2017 was the second costliest year on record for insured and uninsured losses, and will most likely become the record year for insured losses with further loss development from Hurricanes Harvey, Irma and María. In terms of economic losses due to weather-related disasters alone, 2017 […]
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