Compulsory policies drive Seguros Múltiples’s business
March 17, 2016
In the eight months after entering the island’s compulsory auto insurance market, Cooperativa de Seguros Múltiples has signed up 200,000 clients, exceeding its target of achieving a 15 percent market share, company officials said Wednesday.
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MCS creates a new life and disability subsidiary in P.R.
January 21, 2016
As part of a strategic move aimed at broadening its Puerto Rico products portfolio, MCS announced Wednesday it has created a new subsidiary, MCS General Insurance Agency, to tap into the life and disability insurance ...
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Gov’t, debt insurers trade barbs over ‘clawback’ lawsuit
January 12, 2016
In the days since Assured Guaranty filed a lawsuit jointly with monoline insurer Ambac against the commonwealth of Puerto Rico over the constitutionality of revenue clawbacks, the parties have been defending their corners via public ...
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