Guaynabo, Puerto Rico

AM Best Removes From Under Review With Positive Implications and Upgrades Credit Ratings of Triple-S Propiedad, Inc.

Retrieved on: 
Friday, March 8, 2024
Banking, Professional Services, Insurance, Finance, TSP, ERM, LPT, ALL, News, AM Best, Guaynabo, Puerto Rico, Risk, Weakness, Good, Credit, GuideWell, Hurricane Maria, Risk management

The outlook assigned to these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Removes from Under Review with Negative Implications and Affirms Credit Ratings of Clear Blue Insurance Group Members

Retrieved on: 
Tuesday, November 21, 2023
Professional Services, Insurance, Finance, ERM, Risk, Credit, Long-Term Capital Management, Fraud, Guaynabo, Puerto Rico, Heart, Uncertainty, AM Best, News, FSR, ALL, Risk management

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of the members of Clear Blue Insurance Group (Clear Blue) (Guaynabo, Puerto Rico).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” (Excellent) of the members of Clear Blue Insurance Group (Clear Blue) (Guaynabo, Puerto Rico).
  • Clear Blue’s ratings were placed under review with negative implications on July 25, 2023, as a result of the uncertainty surrounding Clear Blue’s ability to rely on certain letters of credit, posted to back reinsurance placed by Clear Blue with certain reinsurers in Vesttoo-related transactions.
  • In response to this fraud, Clear Blue has implemented more rigorous procedures around securing, documenting and confirming letters of credit.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AM Best Places Credit Ratings of Triple-S Propiedad, Inc. Under Review With Positive Implications

Retrieved on: 
Friday, November 17, 2023
Insurance, Professional Services, LPT, Credit, Guaynabo, Puerto Rico, AM Best, Good, Hurricane Maria, News, TSP, ALL, GuideWell

The under review with positive implications status is due to improved clarity surrounding TSP’s strategic importance to GuideWell’s business in Puerto Rico.

Key Points: 
  • The under review with positive implications status is due to improved clarity surrounding TSP’s strategic importance to GuideWell’s business in Puerto Rico.
  • The ratings will remain under review with positive implications pending the execution of the LPT and until AM Best can complete the assessment of the impact of these changes to TSP.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Places Credit Ratings of Clear Blue Insurance Group’s Members Under Review With Negative Implications

Retrieved on: 
Tuesday, July 25, 2023
Insurance, Professional Services, AM Best, ALL, Credit, Light of a Clear Blue Morning, Risk, FSR, AM, Long-term care insurance, Guaynabo, Puerto Rico, News

AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the members of Clear Blue Insurance Group (Clear Blue) (Guaynabo, PR).

Key Points: 
  • AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of the members of Clear Blue Insurance Group (Clear Blue) (Guaynabo, PR).
  • See below for a detailed listing of members and Credit Ratings (ratings).
  • The ratings of Clear Blue have been placed under review with negative implications given the current uncertainty around Clear Blue’s ability to rely on certain letters of credit, posted to back reinsurance placed by Clear Blue with certain reinsurers.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

CoinAgenda Adds Craig Sellars, Jon Najarian and Marshall Long to Final List of Speakers During Puerto Rico Blockchain Week

Retrieved on: 
Monday, December 5, 2022
VIP, Blockchain, PLLC, Light, Guaynabo, Puerto Rico, General partnership, Cryptocurrency

San Juan, Puerto Rico, Dec. 05, 2022 (GLOBE NEWSWIRE) -- CoinAgenda ( www.coinagenda.com ), the premier global conference series connecting blockchain and cryptocurrency investors with startups since 2014, and BitAngels, the leading network of bitcoin and blockchain investors, today announced final speakers for CoinAgenda Caribbean, which will be held at Fairmont El San Juan in Puerto Rico on December 5-7.

Key Points: 
  • San Juan, Puerto Rico, Dec. 05, 2022 (GLOBE NEWSWIRE) -- CoinAgenda ( www.coinagenda.com ), the premier global conference series connecting blockchain and cryptocurrency investors with startups since 2014, and BitAngels, the leading network of bitcoin and blockchain investors, today announced final speakers for CoinAgenda Caribbean, which will be held at Fairmont El San Juan in Puerto Rico on December 5-7.
  • Tickets are on the event page and local discounted prices are available.
  • Tickets provide a VIP experience for all attendees, speakers and sponsors with access to sessions, networking, and exclusive parties.
  • CoinAgenda Caribbean will conclude with a closing party which will include a bar and light appetizers where participants can recap, mix and mingle.

AM Best Upgrades Credit Ratings of Triple-S Propiedad, Inc.

Retrieved on: 
Thursday, December 1, 2022
Professional Services, Finance, ALL, Credit rating agency, Insurance, FSR, Guaynabo, Puerto Rico, TSP, ERM, Good, News, AM Best, Credit, AM, Risk management

The Credit Ratings (ratings) reflect TSPs balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management (ERM).

Key Points: 
  • The Credit Ratings (ratings) reflect TSPs balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management (ERM).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Removes From Under Review and Takes Various Credit Rating Actions on GuideWell Mutual Holding Corporation and Certain Triple-S Management Corporation's Subsidiaries

Retrieved on: 
Friday, March 11, 2022
Insurance, Professional Services, Time, Industry, Credit, COVID, Blue Cross, TSS, Florida group, Weakness, TSB, Guaynabo, Puerto Rico, AM Best, Blue Shield, Risk management, GuideWell, AM, PR, News, Acquisition, ERM, Triple-S Management Corporation, Superior, TSA, TSP, FSR, TSM, TSV, ALL, Good, Hurricane Maria, Overalls, Program, Insurance, Long-Term Capital Management, Review, Security (finance)

In addition, AM Best has removed from under review with developing implications and affirmed the Long-Term ICR of a- (Excellent) of GuideWell Mutual Holding Corporation (GuideWell).

Key Points: 
  • In addition, AM Best has removed from under review with developing implications and affirmed the Long-Term ICR of a- (Excellent) of GuideWell Mutual Holding Corporation (GuideWell).
  • Lastly, AM Best has withdrawn the Long-Term ICR of bb+ (Fair) of Triple-S Management Corporation (TSM), as this entity is now an intermediate holding company under GuideWell Mutual Holding Corporation.
  • These rating actions follow the completion of the acquisition of Triple-S Management Corporation and its subsidiaries by GuideWell Mutual Holding Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

David Stockton Re-Signs With Guaynabo Mets

Retrieved on: 
Tuesday, June 22, 2021
Mets de Guaynabo, Guaynabo, Puerto Rico, Baloncesto Superior Nacional, Shooting guards, Basketball, Pan American Games, Alejandro Cruz

GUAYNABO, Puerto Rico, June 22, 2021 /PRNewswire/ -- The Guaynabo Mets are bringing back a familiar face for the 2021 Baloncesto Superior Nacional (BSN) season after agreeing to terms with David Stockton.

Key Points: 
  • GUAYNABO, Puerto Rico, June 22, 2021 /PRNewswire/ -- The Guaynabo Mets are bringing back a familiar face for the 2021 Baloncesto Superior Nacional (BSN) season after agreeing to terms with David Stockton.
  • A late-season addition to the Mets, the point guard and son of NBA Hall of Famer John Stockton quickly established himself as the top player on a Guaynabo squad that came within a game of reaching the finals.
  • "We are extremely fortunate to be bringing someone of David Stockton's skill and intelligence back to our organization," said Mets Head Coach Christopher Thomas.
  • In addition to re-signing Stockton, the Mets announced earlier this month that they have agreed to a new contract with import Angel Nez.

HJ Sims Expands Investment Banking Team to West Coast and Midwest; Grows Private Client Team in Florida and Puerto Rico

Retrieved on: 
Tuesday, May 5, 2020
Video games, Video gaming, Electronic Arts games, Life simulation games, Windows games, The Sims, Guaynabo, Puerto Rico

Brady Johnson joins Sims as Senior Vice President in its new west coast office, in Orange County, CA.

Key Points: 
  • Brady Johnson joins Sims as Senior Vice President in its new west coast office, in Orange County, CA.
  • In late 2019, Sims expanded its Private Client team, adding an office in Jupiter, FL, housing a three-person advisory team, as well as a senior partner of Sims Energy.
  • HJ Sims' Puerto Rico private client office moved its Guaynabo headquarters to a larger space in Metro Office Park.
  • HJ SIMS:Founded in 1935, HJ Sims is a privately held investment bank and wealth management firm,headquartered in Fairfield, CT, with nationwide locations.

Lead Conspirator in Correctional Officer's Murder Convicted on 6 Counts

Retrieved on: 
Friday, September 21, 2018
Guaynabo, Puerto Rico, Metropolitan Detention Center, Guaynabo, Kingpin, Martial arts, Fiction, PUERTO RICO

"Martnez-Hernndezcame to MDC Guaynabo as a kingpin in the Caribbean drug trade and murdered LieutenantAlbaratias he awaited conviction ondrug and other murder charges.

Key Points: 
  • "Martnez-Hernndezcame to MDC Guaynabo as a kingpin in the Caribbean drug trade and murdered LieutenantAlbaratias he awaited conviction ondrug and other murder charges.
  • Albarati'smurder is a key example of how vital it is thatwe, as correctional workers, are provided adequate resources to get our jobs done.
  • "The murder of Lieutenant OsvaldoAlbaratiunderscores the danger that correctional officers face every day.
  • Passing this bill will provide correctional officers with one more tool to ensure they make it home safely to their families.