PR| Circular Letter No. CC-2025-247-AF, from the Puerto Rico Commissioner of Insurance, informs all authorized property and casualty insurers about a statutory meeting of the Insurers Syndicate for Joint Underwriting of Medical-Hospital Professional Liability Insurance, scheduled for November 13, 2025. The meeting will be held virtually, and each participating insurer is required to appoint an authorized representative to vote on matters related to the syndicate.
- The meeting covers voting on matters with weight assigned according to each insurer’s share of net direct premiums written for eligible lines in the prior year.
- Each insurer must submit a completed designation form for an authorized representative before the meeting begins.
- Discussions will include distribution of premiums written by syndicate members and voting procedures for Medical-Hospital Professional Liability Insurance.
