ATLANTIC MEDICAL APPEAL DISMISSED

Tue, Sep 6th 2011, 11:00 PM

By NEIL HARTNELL

Tribune Business Editor

A LEADING Bahamian health insurer yesterday saw its attempt to 'stay' an agency's demands for due commission payments shot down by the Court of Appeal, which found that the carrier and its general insurance affiliate were not "a single economic unit".

The appellate court's judgment showed how Atlantic Medical Insurance attempted to tie the action launched against it by Fred S. Ramsey General Insurance Agency to another Supreme Court case, which had been initiated against the same agency by its property and casualty underwriter affiliate, Security & General.

Atlantic Medical and Security & General have as their parent ...

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