A.M. Best confirms ‘ongoing concerns’ over COSVI’s capital strength
July 30, 2018
A.M. Best has kept its negative outlook about Cooperativa de Seguros de Vida de Puerto Rico’s staying power and efficiency, by upholding its Financial Strength Rating of C+ (Marginal) and the Long-Term Issuer Credit Rating ...
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Assured Guaranty sues over constitutionality of OBoard members
July 24, 2018
Two bond insurance subsidiaries of Assured Guaranty Ltd. have filed an adversary complaint challenging the constitutionality of appointments to the Financial Oversight and Management Board for Puerto Rico.
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Regulator: P.R. insurers have paid $2.5B+ in claims, advances
June 8, 2018
Puerto Rico’s property and contingency insurers have paid more than $2.5 billion in claims and advances to the local policyholders for damages following hurricanes Irma and María as of April 30, 2018.
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