Broad losses, scant insurance coverage for storm-hit Puerto Rico firms -Fed report
26 Sep Broad losses, scant insurance coverage for storm-hit Puerto Rico firms -Fed report
Posted at 16:00h
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by KMFSLLP
Only a tiny fraction of small
businesses in Puerto Rico was fully insured for losses arising
from last year’s Hurricane Maria, which hit revenue or raised
costs for more than three-quarters of them, according to a
Federal Reserve report on Thursday.
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