News

Even with Rescue, Puerto Rico Default Likely; Insurers Still at Risk for Millions

By Andrew G. Simpson Investors in Puerto Rico’s debt-burdened economy still face risks of default on some of the island’s $70 billion in debt even after the U.S. Congress on Wednesday created a powerful federal oversight board to manage credit restructurings. U.S. President Barack … Read More

Read more here:: Insurance Journal

      

Share ths Blog Posting: