Media Release – OUR Approves Multi-Layered Insurance Plan for JPS Ahead of 2026 Hurricane Season

(KINGSTON, Jamaica; 2026 June 2): The Office of Utilities Regulation (OUR) has approved combined insurance coverage of US$106.6M, via a parametric insurance framework proposed by the Jamaica Public Service Company Limited (JPS) for implementation during the 2026 Atlantic Hurricane Season. The proposal, which was submitted to the OUR in May, sets out a risk-mitigation framework Continue Reading The…