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News Article

September 13, 2010
NIB officials yet to confirm claims made in the House

By NOELLE NICOLLS

Tribune Staff Reporter

nnicolls@tribunemedia.net

OFFICIALS at the National Insurance Board are yet to confirm the validity of claims made in the House of Assembly last week about the possible conduct of two individuals claimed to be board members.

There has been speculation that individuals with inside information played a role in securing a systems contract for the Jamaican ...

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News Article

September 13, 2010
NIB close to passing last year's $160m in collections

The National Insurance Board is on its way to surpassing last year's$160 million in collections, with the organization crawling well over the$100 million mark for the first eight months of the year.
That figure rose even as the organization doubled the number of matters it turned over to be prosecuted

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News Article

September 14, 2010
450k location expansion for3m goal

By INDERIA SAUNDERS
Guardian Business Reporter
inderia@nasguard.com
A$450,000 expansion by the NUA insurance company to open its third location is not expected to come without its merits. Company executives are aiming for a$3 million growth in new business.
The projection is based around a new move in the heavily populated Carmichael Road are, said NUA Managing Director John Dunkley.
"We could see...

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News Article

September 17, 2010
Full slate scheduled for Abaco Business Outlook

The status of the controversial new Wilson City power station and the long term plans for health insurance will be some of the highly anticipated topics discussed at this year's Abaco Business Outlook.

The one-day seminar is being held on September 22 at the New Visions Ministries Center in Marsh Harbor, and will include a number of speakers that will focus on the island's opportunities for eco...

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News Article

September 15, 2010
Full slate for Abaco Business Outlook

By JAMMAL SMITH
Guardian Business Reporter
jammal@nasguard.com
The status of the controversial new Wilsonâ City power station and the long term plans for health insurance will be some of the highly anticipated topics discussed at this year's Abaco Business Outlook.
The one-day seminar is being held on September 22 at the New Visions Ministries Center in Marsh Harbor, and will include a numb...

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News Article
Ministry of Labour and Social Development plans essay competition for Older Persons Month
September 17, 2010
Ministry of Labour and Social Development plans essay competition for Older Persons Month

Students are competing in an essay contest that is the brainchild of the Ministry of Labour and Social Development and the Urban Renewal Program.

Students will be explaining how they would want to be treated as older persons.

“During the month of October each year, we highlight the accomplishments and concerns of the elderly, so this year we decided to get the kids involved,” said Rosemary B...

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News Article

September 16, 2010
Broker worry on Act's capital, audit clauses

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

THE Bahamas Insurance Brokers Association (BIBA) is concerned that some of its members might not accrue the $50,000 net asset value required to satisfy the new Insurance Act by its Septemebr 2011 implementation deadline, or have the cash to conduct independent audits that can cost upwards of $15,000. The changes have caused 200 per ...

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News Article

September 20, 2010
Reports of senior citizen abuse rising

The Ministry of Social Development said it is seeing an increase in daily reports of abuse and exploitation of senior citizens.

"Commonly family members and caregivers are the people the elderly trust and once we reach a certain age, we are very vulnerable.

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News Article

September 19, 2010
PM OPENS 7 MILLION CONVENTION FACILITY

By DENISE MAYCOCK

Tribune Freeport Reporter

dmycock@tribunemedia.net

FREEPORT - Prime Minister Hubert Ingraham was in Grand Bahama on Friday for the official opening of Canal House, a new $ 7 million convention facility at Pelican Bay Resort.

Mr Ingraham was given the task of smashing a conch shell with a mallet to officially open the nearly 40,000 sq ft state-of -the-art four-storey building ...

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News Article

September 20, 2010
Teachers union elections today

By KEVA LIGHTBOURNE
Guardian Senior Reporter
kdl@nasguard.com

School violence and security, a lack of health insurance, accountability and leadership are among some key issues teachers would like to have addressed by the new slate of officers who will be elected today to head the Bahamas Union of Teachers for the next three years.
Some 4,000 teachers throughout the country are expected to partici...

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News Article

September 20, 2010
Environment is a 'Captive' market for the Bahamas

By CHESTER ROBARDS

Business Reporter

crobards@tribunemedia.net

THE BAHAMAS should focus development of its captive insurance industry on Environmental Captives, the president of Premier Environmental Services' Canadian operations said yesterday, as this country attempts to develop a niche for itself in this market.

David Wade, speaking at the Bahamas Financial Services Board's (BFSB) Captive I...

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News Article

September 26, 2010
BFSB focuses on captive markets

THE Bahamas Financial Services Board (BFSB), in cooperation with industry partners, hosted a one-day Captive Insurance Seminar last week to build awareness of the industry, and as a 'business solution'.

Captive insurance is an alternative form of risk management that is becoming more popular, as companies can protect themselves financially while having more control over how they are insured. The ...

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News Article

September 28, 2010
Insurer targets 25m cash level

By NEIL HARTNELL

Tribune Business Editor

RoyalStar Assurance yesterday formally unveiled its $5 million preference share issue, a move designed to maintain balance sheet cash reserves at $25 million as it moves to fund the construction/refurbishing of its planned new Thompson Boulevard headquarters that will open in 2012.

Steve Watson, the general insurance underwriter's managing director, told...

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News Article
Early National Voter Registration Drive set to begin October 4
September 30, 2010
Early National Voter Registration Drive set to begin October 4

Registration Centres will be opened at convenient locations throughout the Commonwealth of The Bahamas beginning Monday, October 4, 2010, as preparation of the new Voter Register begins, Parliamentary Commissioner Errol Bethel said Tuesday.

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News Article

September 29, 2010
Benefits drop aids FamGuard 39 profit rise

By NEIL HARTNELL

Tribune Business Editor

Family Guardian yesterday said it was seeing initial signs that "safeguards to stabilise the volatility" of health claims were having an impact, with total benefits payments down by $0.5 million year-over-year for the 2010 second quarter, as the company reported a 39 per cent net income rise for the half-year.

Patricia Hermanns, Family Guardian's presid...

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News Article
Voter Registration
October 04, 2010
Voter Registration

The Public is hereby advised that registration of voters in New Providence and the Family Islands will be held from Monday through Friday, commencing October 4, 2010.

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News Article

October 03, 2010
Bahamas First eyes 80.5 profit growth

By NEIL HARTNELL

Tribune Business Editor

Bahamas First Holdings is projecting an 80.5 per cent increase in year-over-year net comprehensive income to $7.598 million for its 2010 financial year, Tribune Business can reveal, boosted by a forecast $2 million contribution from its new Cayman Islands acquisition.

The general insurance holding company is also predicting that net comprehensive income ...

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News Article

October 03, 2010
Broker opens Carmichael Rds service centre

Nassau Underwriters Insurance Agents & Brokers Ltd (NUA) has formally opened its new Carmichael Road Service Centre.

Pictured from L to R: Karen Marcel, customer service representative, Carmichael Road Service Centre; Blythe Bailey, service centre supervisor, Carmichael Road Service Centre; Pamela Stuart, former director and corporate secretary; Frances McKenzie-Oliver, service centre manager, Ca...

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News Article
Registration process begins as scheduled despite inclement weather
October 05, 2010
Registration process begins as scheduled despite inclement weather

Early registration for the next Parliamentary (General) Elections got off on schedule in New Providence Monday morning as candidates for registration filed in and out of Voter Registration Centres despite the inclement weather.

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News Article

October 07, 2010
More corporate support for sports is important

By FRED STURRUP
NG Associate Editor
frederick@nasguard.com

One of the greatest sports ambassadors in this country's history is joining those who are lamenting the plight of the Bahamian elite athletes when retirement nears or is upon them.
Pioneer international sprinter supreme Tommy Robinson recalled recently for me, a conversation he had with triple jump superstar Leevan Sands.
"I was talking t...

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News Article

September 27, 2010
'Back handed' fear over Customs letter

A leading Freeport business has expressed concern that Customs' demand for all Grand Bahama Port Authority (GBPA) licencees to show they are in 'good standing' with the National Insurance Board (NIB) is a "back handed" attempt to shut down the city's 'bonded goods sales' process, arguing that the agency is attempting to "deny" a right it has no power to take away.

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News Article

October 13, 2010
Men's seminar launches new health focus at Immigration Department

OFFICIALS of the Department of Immigration hosted a Men's Health Seminar for male officers of all ranks and sections of the Department Friday, aimed at improving the health consciousness of those employees.

A similar seminar has been scheduled for female employees.

Director of Immigration, Jack Thompson, said the seminar was the first in a series of health initiatives designed to promote healthy...

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News Article

October 14, 2010
Insurer's 15m offer 'heavily oversubscribed'

By NEIL HARTNELL

Tribune Business Editor

Bahamas First Holdings' $15 million bond issue has closed several days early after being "heavily oversubscribed", the company's president and chief executive yesterday describing this as showing a "significant degree of confidence" in the general insurer's future prospects.

Confirming that the general insurance holding company had been forced to halt ac...

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News Article

October 15, 2010
RoyalStar Assurance campaign a smashing success!

The first phase of the RoyalStar Assurance(RSA)Give&Win campaign wrapped-up with a number of exciting presentations including prize presentations to three lucky winners who made charitable donations during the course of the 3-month initiative, and donation presentations to the three featured charities-Unity House, The Crisis Center and The Cancer Society.
RSA, a general insurance provider througho...

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News Article

October 18, 2010
Quote of the Week - Getting What You Want

Welcome to The Bahamas leading Community Web Site!

There are now more than

12,509 news articles available for your perusal. Use our powerful search engine on the left column to locate your particular topic of interest. New simplified subscribe box now placed on the left column.

Read our Quote of the Week....

 

Also with Parenting Card of the week!

Be sure and sign up to receive our Free...

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News Article

October 19, 2010
Killarney Town Meeting (October 20th) on National Prescription Drug Plan!

Nassau, Bahamas - Plan to attend a Killarney Town Meeting will be held at H. O. Nash Junior High School on

Wednesday October 20th 2010 at 7pm.

 

All Killarney residents, western district residents and the general public are are invited.

 

Officials from the National Insurance Board will be there to explain
details of the drug plan and to answer questions concerning the plan....

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News Article

October 20, 2010
Quote of the Week - Labouring under Labels

Welcome to The Bahamas leading Community Web Site!

There are now more than

12,509 news articles available for your perusal. Use our powerful search engine on the left column to locate your particular topic of interest. New simplified subscribe box now placed on the left column.

Read our Quote of the Week....

 

Also with Parenting Card of the week!

Be sure and sign up to receive our Free...

read more »


News Article

November 03, 2010
Valley Boys Give Away C180 Mercedes

The Valley Boys Grand Raffle is now available. Only 200 tickets available. Grand Prize is a 2010 Tenorite Grey Mercedes-Benz C180 Kompressor - Tyreflex Star Motors (Inclusive of one (1) year comprehensive vehicle insurance compliments of Insurance Management (Bahamas) Ltd.)

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News Article
John Lawrence wins the Executive of The Year Excellence Award
October 26, 2010
John Lawrence wins the Executive of The Year Excellence Award

Chairman of Windermere Corporate Management and CEO of Metropolitan Bank Bahamas Limited, John Lawrence took home the coveted Executive of the Year Award from the Bahamas Financial Services Board (BFSB) at its recent annual Financial Services Industry Awards Banquet held at the Sheraton Hotel in Nassau

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News Article
Remarks by Rt. Hon. Hubert A. Ingraham At the Reception
October 26, 2010
Remarks by Rt. Hon. Hubert A. Ingraham At the Reception

I am very happy for the opportunity to be present at celebrations marking the opening of the newest Bahamas Maritime Authority Office. This is our third overseas office, the others being located in London and in New York City. We are now pleased to have offices on three continents.

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