The Puerto Rico Automobile Accident Compensation Administration — (ACAA) — is a government-owned corporation of Puerto Rico that provides compensation for medical and disability expenses resulting from traffic accidents in

Puerto Rico ; abbreviated PR), officially the Commonwealth of Puerto Rico, is a Government of Puerto Rico, self-governing Caribbean Geography of Puerto Rico, archipelago and island organized as an Territories of the United States, unincorporated territo ...

. The coverage offered by the corporation is mandatory, but private insurance companies are allowed to provide supplemental policies. The corporation was created in 1970 pursuant to Law No. 138 of June 26, 1968. The corporation is run by a board of directors appointed by the

Governor of Puerto Rico The governor of Puerto Rico () is the head of government of the Commonwealth of Puerto Rico, an unincorporated territory of the United States. Elected to a 4 year-term through popular vote by the residents of the archipelago and island, ...

with the

advice and consent Advice and consent is an English phrase frequently used in List of enacting formulae, enacting formulae of bill (proposed law), bills and in other legal or constitutional contexts. It describes either of two situations: where a weak executive ...

of the

Senate of Puerto Rico The Senate of Puerto Rico () is the upper house of the Legislative Assembly of Puerto Rico, the territorial legislature of Puerto Rico. The Senate, together with the House of Representatives of Puerto Rico, control the legislative branch of ...

. In 2013, Gov.

Alejandro García Padilla Alejandro Javier García Padilla (; born August 3, 1971) is a Puerto Rican politician and attorney who served as the governor of Puerto Rico from 2013 to 2017. Prior to this position, García Padilla held various roles in the political lan ...

signed into law a measure cutting short the terms of directors appointed by the previous governor and replacing them with new members. The $35 annual premium has remained unaltered since its inception in the 1970s and has generated an investment fund that had prevented premium rate increases.

References

External links

Listing in the Puerto Rico Government directory

Official site
Government-owned corporations of Puerto Rico Financial services companies established in 1970 Insurance companies of the United States {{PuertoRico-stub