Puerto Rico: $80M State Insurance Fund Investments Deemed High-Risk

Puerto Rico: M State Insurance Fund Investments Deemed High-Risk

San Juan, Puerto Rico – Investments totaling $80 million made by the Puerto Rico’s State Insurance Fund Corporation (CFSE) in The Phoenix Fund (TPF) and PUC Holding were considered “high risk,” according to Johnny Román Flores, the corporation’s auxiliary administrator of Finance and Administration. The revelation comes as the CFSE pursues legal action to recover … Read more

Puerto Rico: $Millions Invested by State Insurance Fund Approved

Puerto Rico: $Millions Invested by State Insurance Fund Approved

Puerto Rico Fund Investigation Deepens: Questions Surround State Insurance Fund Investments in Phoenix Fund San Juan, Puerto Rico – A deepening investigation by the Puerto Rico Department of Justice is focusing on potential wrongdoing by officials at the Corporación del Fondo del Seguro del Estado (CFSE), the State Insurance Fund, regarding $80 million in loans … Read more

Phoenix Fund Bankruptcy: What to Know

Phoenix Fund Bankruptcy: What to Know

2026-02-24 17:00:00 Phoenix Fund se acoge a la quiebra  El Nuevo Día OCIF ordena la liquidación de Phoenix Fund  El Nuevo Día ¿Qué es Phoenix Fund y por qué se acogió a la quiebra?  wapa.tv Phoenix Fund se acoge a Capítulo 11 tras demanda de $99.5 millones de la CFSE  Metro Puerto Rico Phoenix Fund se declara en quiebra  Sin … Read more