‘Think. Act. Live Safely’ campaign to prevent accidents
November 20, 2013
The Compulsory Insurance Joint Underwriters Association this week launched a campaign to generate awareness among citizens about driving safely during the Christmas season through the “Safety on the road is in you. Think. Act. Live Safely" slogan.
chat_bubble0 Comment
visibility2960 Views
Gov’t to promote Puerto Rico as int’l insurance hub
October 28, 2013
Several Puerto Rican government officials will be heading to London this week to promote the island as a potential hub for insurance companies.
chat_bubble1 Comment
visibility2646 Views
AIA Puerto Rico recognizes Universal Insurance building
October 8, 2013
American Institute of Architects’ Puerto Rico Chapter recently celebrated its annual “Honor Awards” to recognize architectural design excellence on the island, granting one of its highest distinctions to Universal Insurance’s Canóvanas customer service branch.
chat_bubble0 Comment
visibility4685 Views
Point Guard Insurance opens Carolina service center
August 20, 2013
Compulsory insurance provider Point Guard Insurance, which broke into the market two years ago to break the existing monopoly at the time, recently opened a new customer service center in Carolina and remodeled and expanded its Ponce center.
chat_bubble0 Comment
visibility3406 Views
Insurer Humana Puerto Rico to lay off 329 — 47% of staff
August 2, 2013
In the wake of losing its contract with the government to provide health insurance coverage through the public MiSalud plan, insurer Humana Health Plans of Puerto Rico Inc. announced Thursday it will eliminate 329 jobs from its local operation.
chat_bubble1 Comment
visibility4848 Views
Puerto Rican insurer Point Guard unveils mobile app
July 15, 2013
Keeping Puerto Rican driver safety in mind, Point Guard Insurance recently unveiled its mobile application, through which customers can submit claims and verify status of existing ones, access contact information and roadside assistance services.
chat_bubble0 Comment
visibility2576 Views
Triple-S Vida to buy Atlantic Southern Insurance Company
July 2, 2013
Puerto Rican insurance firm Triple-S Vida announced Monday that it has signed a letter of intent to acquire competing insurer Atlantic Southern Insurance Co. for an undisclosed amount.
chat_bubble0 Comment
visibility5340 Views
LIU LatAm offers maritime cargo insurance to Puerto Rico
June 21, 2013
Liberty International Underwriters is adding maritime cargo insurance to its Puerto Rico portfolio, looking to tap into that business line via a web-based service through which clients can obtain required coverage for their inbound and outbound shipments.
chat_bubble0 Comment
visibility2835 Views
Multinational Life Insurance Co. gets ‘positive outlook’ from A.M. Best
June 21, 2013
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of B+ (Good) and issuer credit rating of “bbb-” of Puerto Rico’s Multinational Life Insurance Company in Hato Rey.
chat_bubble0 Comment
visibility4054 Views
Banking, Insurance commissioners defend budget requests
May 21, 2013
The Puerto Rico Financial Institutions and Insurance commissioners defended their respective budgets during a hearing before the Senate Finance Committee Monday, when they requested $15.2 million and $10.8 million, to run their respective agencies.
chat_bubble0 Comment
visibility2547 Views
Insurance industry weathers regulatory, tax changes
May 13, 2013
Despite the challenges Puerto Rico’s insurance industry has faced related to new federal health regulations and local tax changes, it remains one of the local economy’s strongest sectors and industry members continue to develop products and services in benefit of consumers.
chat_bubble0 Comment
visibility4105 Views
No claims against ACODESE over federal probe
May 7, 2013
The Puerto Rico Association of Insurance Companies announced Monday that the probe launched in 2010 by federal authorities has concluded without any claims filed against the organization that has represented Puerto Rico insurance providers since 1975.
chat_bubble0 Comment
visibility2589 Views
Compulsory auto insurance provider ASC extends hours
May 6, 2013
The Compulsory Insurance Joint Underwriters Association (known as ASC by its initials in Spanish) recently announced it has extended its call center hours in benefit of Puerto Rico clients.
chat_bubble0 Comment
visibility3426 Views
Triple-S reports $592M in 1Q13 revenue
May 2, 2013
Triple-S Management Corporation, a managed care company in Puerto Rico, announced Wednesday consolidated revenues of $592 million and consolidated operating income of $22.7 million for the three months ended March 31, 2013.
chat_bubble0 Comment
visibility2377 Views
Doral seeks to branch out insurance business
February 7, 2013
Doral Bank is looking to expand its participation in Puerto Rico’s insurance market by adding new coverage options via its Doral Insurance division, said Jesús Méndez, recently appointed executive vice president of operations.
chat_bubble0 Comment
visibility2504 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA