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Lingering Hurricane Maria’s insurance claims keep condo owners in the dark (PR)

/ Owner - July 31, 2024

Almost seven years after Hurricane Maria hit the Island, there are still thousands of condominium owners who have not received payment for insurance claims, and many have shown dissatisfaction with the litigation in court.  According to statistics from the Office of the Commissioner of Financial Institutions, by the end of 2023, nearly $22.3 million in claims were still owed to policyholders.  The report indicates that the total number of claims among all categories that were pending was 303,924, of which 200,419 are residential property, with condominiums being the most affected.   Read the article…………………………….

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