AM Best: Recent market growth to help Puerto Rico insurers absorb Ernesto losses
August 21, 2024
To date, companies have indicated that losses should remain within reinsurance limits. #NewsismyBusiness
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Dentists serving gov’t health plan beneficiaries lost $15.4M in ’17
June 13, 2018
Dentists who provide services to the Puerto Rico Government Health Plan reported a loss of $15.4 million for the fiscal year 2017 as a result of operational costs that were not covered by the rates paid by insurers to oral health providers.
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Bond insurers get ‘Stable’ outlook despite P.R. exposure
July 7, 2015
Assured Guaranty Municipal and National Public Finance Guarantee, two bond insurers with exposure to Puerto Rico, recently received AA+ Stable Outlook ratings from Kroll Bond Rating Agency, which gave them favorable grades despite their risk.
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