Wednesday, February 19, 2020

Puerto Rico Insurance Commissioner Steps Down

By on January 22, 2020

(CB file photo)

SAN JUAN — Puerto Rico Insurance Commissioner Javier Rivera Ríos handed his letter of resignation Wednesday to Gov. Wanda Vázquez. It comes in effect at 6 p.m.

“The reason for my resignation is strictly in response to personal reasons that I must address with my family and take my concentration away from my ministerial duties,” Rivera Ríos wrote in his letter of resignation.

Nevertheless, the outgoing insurance commissioner reportedly resigned after the governor asked him to step down.

In a statement, Chief of Staff Antonio Pabón saying La Fortaleza accepted the official’s resignation and, “understanding that it’s a strictly family and personal situation, we will not issue another comment other than, wishing him and his family the best, while thanking him for his years of service to the people of Puerto Rico.”

Rivera Ríos said he served the government administration with pride and satisfaction, as well as the people of Puerto Rico, three years, and that they were challenging but at the same time he grew both personally and professionally.

“I leave confident that I have left a very strong office in terms of first-rate professionals who I am sure will continue to serve the insurance industry and look after the best interests of the people of Puerto Rico,” he said. “I am infinitely grateful for the opportunity provided and wish you great success in the important duty of leading our island.”

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