The Puerto Rico Planning Board revealed that, according to estimates made in coordination with the Federal Emergency Management Agency, some 200,000 homes are located in flood-prone areas, as per flood maps for insurance rates.
The Puerto Rico Association of Insurance Companies, known as ACODESE, opted-out of Christmas festivities to use the budget allocated for that to help “deliver a bit of joy to the most vulnerable populations, particularly children and the elderly,” said organization Executive Director Iraelia Pernas. “We have given donations to the Hogar Niñito Jesús Foundation, the […]
Popular Inc. reported a net loss of $102.2 million for the quarter ended Dec. 31, 2017, compared to a net income of $20.7 million for the prior reflecting a non-cash income tax expense of $168.4 million due to the impact of the Federal Tax Cut and Jobs Act in the corporation’s U.S. deferred tax asset.
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