Triple-S Propiedad has paid a total of $692 million in claims related to Hurricane María in the past two years for a total number of claims of 17,746. It has closed approximately 96% of those claims, while 709 remain open, company CEO Roberto García-Rodríguez confirmed as part of the release of its third quarter results. […]
Federal Communications Commission Chairman Ajit Pai circulated a draft Order to his fellow commissioners that would provide approximately $950 million in funding to “storm-harden, improve, and expand” broadband networks in Puerto Rico and the U.S. Virgin Islands, which were devastated by Hurricanes Irma and María in 2017. This is the second round of funding under […]
As the second anniversary of Hurricane María approaches, Ford Motor Company Fund — the company’s philanthropic arm — and HEART 9/11’s team of first responders are collaborating with actor, director and philanthropist Bryan Cranston in rebuilding initiatives in Puerto Rico, the automaker announced. Ford recently donated two Ford F-150s to support HEART 9/11’s response and […]
The Intercontinental San Juan, one of Isla Verde’s iconic hotel properties, is undergoing a multi-million-dollar renovation — the first in 20 years, this media outlet confirmed. Although the amount of the investment was not disclosed, it is estimated at close to $80 million. Christine May, public relations and marketing consultant for IHG, owners of the […]
“I saw the future …. It’s wooooooonderful..there are no [Puerto Ricans]” this is a direct quote found in the leaked chats (#RickyLeaks) between the person who served as governor of Puerto Rico and his closest collaborators. This improper comment caught my attention due to the demography that underlies what this person claimed to have seen. […]
Twenty-five Puerto Rican healthcare nonprofits are set to receive a much-needed $8 million cash infusion from Direct Relief, the largest private, nongovernmental provider of health resources to Puerto Rico since Hurricane María. Recipients of the $8 million in grants will be announced Aug. 7, at La Ciudad de la Salud y Bienestar, a Direct Relief-sponsored event […]
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 […]
The Federal Emergency Management Agency announced it has awarded approximately $12.6 million in additional funds to Puerto Rico to cover costs related to Hurricane María. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to $5.8 billion and $28.2 million under the agency’s Hazard Mitigation Grant Program, the agency said. The […]
The Puerto Rico Telecommunications Bureau and the Puerto Rico Electric Power Authority signed an agreement through which they will work with service providers to expedite the restoration of services in the wake of an emergency. The agreement establishes a mechanism that assigns priority levels to energizing critical telecommunications facilities divided into three timeframes — between […]
By Miguel Díaz-RománCenter for Investigative Journalism The ongoing nightmare of thousands of policyholders whose claims after Hurricane María have not been paid, or whose payment was not enough to cover the losses, could have been avoided if the island’s Catastrophic Reserve had not been reduced by amendments promoted by insurance companies with the consent of […]
The methodology developed by Estudios Técnicos Inc. and the Kaiser Family Foundation for a study on the socioeconomic impact of Hurricane María in Puerto Rico will be featured in a panel during the convention of the American Association for Public Opinion Research, one of the most important research associations in the United States and Canada. […]
The Federal Emergency Management Agency has awarded about $21 million in additional funds to Puerto Rico to cover costs related to Hurricane María, the agency announced. These awards bring the amount of funds obligated under FEMA’s Public Assistance program to $5.7 billion, it added. The latest grants approved are as follows: Nearly $17.8 million to […]
As part of today’s celebration of “World Red Cross Day,” the organization announced that 77 schools throughout Puerto Rico that serve as emergency shelters are already being outfitted with micro solar networks that will provide energy when the power goes out. So far, of the 77 schools that are in process, 35 already have the […]
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