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 […]
Employer-sponsored medical plan expenses could increase almost 8 percent worldwide this year, far exceeding the average general inflation of almost 3 percent, according to the “Global Medical Trends Rate Report 2019” released by professional services company Aon. It is estimated that the average increase in medical and pharmaceutical expenses for health plans during 2019, offered […]
Liberty Latin America has reached a settlement agreement with its third-party insurance provider for $108.5 million in net damages related to Hurricanes Irma and María last year, the company confirmed. The gross amount agreed to in December 2018 totaled $138.5 million, but Liberty deducted $30 million in self-insurance from the total amount. “We have received […]