P.R. Laws tit. 26, § 2133
(1) Every service contract provider under this subchapter shall inform the Commissioner, within the term the Commissioner provides through regulations, whether the provider or any entity affiliated or related to him/her issues the same or similar service contracts to other jurisdictions of the United States. In the event that the provider reports that it or any affiliated or related entity issues the same or similar service contracts to residents of other United States jurisdictions, the provider shall certify to the Commissioner that the service contracts issued under this subchapter to residents of Puerto Rico offer substantially the same benefits for the same risks as the service contracts issued in other jurisdictions of the United States.
(2) In the event that the provider cannot produce the certification required by this section, the Commissioner shall not authorize the issue of new service contracts under this subchapter, unless the provider submits a plan to match the benefits within a term that the Commissioner deems reasonable. Nothing in this section shall be interpreted as to create a private cause of action in behalf of the holders of service contracts, applicants for said contracts and any other person, in the event that a provider does not provide the equal benefits stated in this section.
History —Ins. Code, added as § 21.330 on Sept. 8, 2000, No. 392, § 3.