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From left, attorney Antonio Ramírez, representing the Puerto Rico International Insurers Association, and Insurance Commissioner Suzette Del Valle-Lecároz testify during a public hearing at the Capitol in San Juan on House Bill 428, which seeks to strengthen oversight of Puerto Rico’s international insurance industry.
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Puerto Rico moves to tighten oversight of insurance sector
NIMB Staff October 27, 2025

Bill 428 aims to align the island’s international insurers with U.S. regulatory standards and safeguard NAIC accreditation. #NewsismyBusiness

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QUOTE OF THE WEEK:

“Policies enacted by the [Government of Puerto Rico] do not reflect the urgent needs of the electric power sector. On the contrary, many policies are likely to undermine reliability.”

 

— RAND’s “Priority Recommendations for Puerto Rico to Promote Well-Being and Economic Growth”

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