Banco Popular de Puerto Rico

Banco Popular de Puerto Rico is a full-service financial services provider with operations in Puerto Rico, the United States and Virgin Islands. Popular, Inc. is the largest banking institution by both assets and deposits in Puerto Rico, and in the United States Popular, Inc.

Latest News
  • I'm a bit puzzled by the latest survey results from Colonial Life, and I'm hoping you pros can help me out. The insurer finds that employers overwhelmingly believe it is for employees to understand and appreciate their benefits -- fully 92% of pros surveyed say it's very important to their business. Okay, that's great. …

    July 30
  • Massachusetts has emerged as a model for creating universal health care coverage at the federal level, but a former insurance executive now running for governor of the Bay State warns that the experiment isn't working. Charlie Baker, who recently stepped down as CEO of Harvard Pilgrim, noted in his blog for the nonprofit health plan that as a result of merging the individual and small group insurance markets, individual premiums plunged an estimated 25% while…

    July 30
  • Published reports suggest that the idea of taxing employer-provided health insurance is losing ground, though still on the bargaining table. Sen. Kent Conrad (D.-N.D.) has noted that such a proposal appears to be unpopular with voters. Indeed, a recent Quinnipiac University poll of 3,063 people found that 63% of the respondents opposed a tax on employer-provided health benefits, while 55% favored limiting tax deductions for families earning more than $250,000 a year. …

    July 29
  • Daily Diversion readers: As the Employee Benefit News/Employee Benefit Adviser family mourns the loss of EBA Editor Robert L. Whiddon, DD will cease production this week. We will resume posting on Tuesday, July 28. The staff sincerely thanks the benefits community for their outpouring of condolences and offers of support at this difficult time.…

    July 21
  • A new survey by PBM Prescription Solutions and a UnitedHealth Group finds that many consumers don't get that generics are a health care rarity – just as effective as the more expensive alternative, but without the sticker shock. Many Americans have an idea in their minds that the most expensive drug (or the one they see advertised on TV by their favorite celebrity) is the most effective one. Not so, says Jacqueline Kosecoff, Prescription…

    July 20
  • Okay, DD readers, I admit I'm a bit of a crier, but I don't think you could read this month's 'View from the Andes' and not be affected, if not a little teary. Contributing Editor Karrie Andes writes with love and insight about her mother and stepfather and their fight to maintain adequate insurance coverage. …

    July 17
  • If employers were teachers and the 401(k) a student, the plans would get a 'B' grade, a Charles Schwab survey reveals, finding that a majority of senior finance and HR execs support the 401(k) as an effective savings tool for retirement. Polling more than 200 pros from large companies in various industries nationwide, Schwab finds: * 80% think greater access to 401(k) investment planning advice is more important for employees now than a year…

    July 17
  • Full disclosure: As a working mom of two, I'd be willing to lose a finger just to have employer-supported child care, so count me among the yays in the latest Workplace Options survey that finds 48% of working parents would feel more freedom to concentrate on work and home responsibilities if their employer provided support for child care. Another 50% say knowing they had back-up care options when their regular provider is unavailable would help…

    July 16
  • Tri-Tec Manufacturing in Kent, Wash., faced a nearly 40% increase in its health care premiums at renewal in 2007 to cover 38 employees. Then after changing insurance carriers, the same scenario unfolded two years later – a timeframe during which deductibles soared from $200 to $1,500. That's when the company decided on a radically different approach for its March 1 annual benefits enrollment: contract with a seven-physician group called Qliance, which charges patients $49…

    July 16
  • In case you didn't have enough incentive to go green, here's another: Public company officers and directors could face real liability from shareholders and securities regulators over improper disclosures over their greenhouse gas emissions, one attorney concludes. Mia Mazza, a securities litigator with law firm Morrison & Foerster, examines this new corporate risk and outlines steps for how companies can get ahead of potential securities problems in their environmental policies. 'Investors are becoming increasingly interested…

    July 15