Many Puerto Rican homeowners don’t have insurance policies to help with rebuilding in the wake of Hurricane Maria, making the economically depressed island’s recovery more difficult. Only about 50% of houses in the U.S. territory are covered by policies that protect against wind damage, which is far less than is typical across the U.S., according to catastrophe-risk-modeling firm AIR Worldwide. Maria, the most powerful storm...

Source: Wall Street Journal September 20, 2017 20:56 UTC