P.R. Laws tit. 26, § 103
2019-02-20 00:00:00+00
Insurer.— The person engaged in making insurance contracts as defined in § 105 of this title. Without limiting the generality of the previous definition, a reciprocal insurance exchange, benefit society, health service organization or any kind of group organized either for profit or nonprofit, engaged in the business of underwriting insurance contracts is an insurer.
History —Ins. Code § 1.030; May 31, 1973, No. 73, p. 328, § 2; Aug. 13, 2008, No. 263, § 1, eff. 3 months after Aug. 13, 2008.