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BROKERS 'CUT OUT' OF HOMEOWNERS INSURANCE MARKET
BROKERS 'CUT OUT' OF HOMEOWNERS INSURANCE MARKET
By NEIL HARTNELL
Tribune Business Editor
THE outgoing Bahamas Insurance Brokers Association's (BIBA) president has again complained that ties between commercial banks and large brokers are "cutting everyone else out" of the homeowners insurance market, with such arrangements proving "unfair" to consumers.
Vaughn Culmer, head of Vaughn Culmer & Associates, whose term as BIBA head expires at year...
Bahamas Insurance Association donates new equipment to Meteorology Department
NASSAU, BAHAMAS — Department of Meteorology officials welcomed a donation of new equipment to help with disaster analysis and weather reporting today. The Bahamas Insurance Association and its members—Family Guardian Insurance, RoyalStar Assurance Insurance and J.S Johnson Insurance Agents and Brokers—donated three Advance Davis Instrument Weather Stations Pro2's in Thursday Afternoon. Direc...
Act amendment mandates boat insurance
Act amendment mandates boat insurance
AMENDMENTS to the Boat Registration Act that passed the House of Assembly yesterday mandates that boat owners have a comprehensive insurance policy and outlines inspection requirements and registration fees.
Minister Sears updates on Immigration and National Insurance - steps to increased efficiencies
Minister Sears updates on Immigration and National Insurance - steps to increased efficiencies
Immigration and National Insurance: “These two critical institutions play key roles in the fabric of our nation and touch the lives of every Bahamian, permanent resident, investor, expatriate worker, and tourist in the Bahamas,” said the Hon. Alfred Sears, Minister of Immigration and National Insurance. Minister Sears was making his contribution to the mid-year budget on Thursday, March 7, 20...
Minister Alfred Sears - Mid-Term Budget Contribution - Ministry of Immigration and National Insurance
Minister Alfred Sears - Mid-Term Budget Contribution - Ministry of Immigration and National Insurance
Mr. Deputy Speaker,
Honorable Members of the House of Assembly
MOE security officers protest for owed overtime, promotions and insurance
SECURITY officers in the Ministry of Education protested outside the Office of the Prime Minister yesterday, saying they are tired of fighting for owed overtime pay, promotions, and insurance.
Colina Insurance Supports 5th Annual Cancer Society of The Bahamas Golf Tournament
Colina Insurance supported the Cancer Society of The Bahamas’s Golf Tournament for another consecutive year as the Presenting Sponsor. The highly anticipated event brought together avid golfers, sponsors, and supporters in an effort to raise funds for expansion of the Cancer Caring Centre.
Woman accused of insurance fraud scheme granted bail
Woman accused of insurance fraud scheme granted bail
A WOMAN was granted bail yesterday after she was allegedly involved in an insurance fraud scheme where she attempted to steal over $9,000 in the last two months.
GBPA Workers Union concerned over safety and insurance for all at Grand Bahama Shipyard
GBPA Workers Union concerned over safety and insurance for all at Grand Bahama Shipyard
COREY Cartwright, president of the Grand Bahama Port Authority Workers Union, expressed concern about an industrial accident involving a contract worker at the Grand Bahama Shipyard.
Summit Insurance CEO Timothy Ingraham elected BCCEC chairman along with new Board of Directors
Summit Insurance CEO Timothy Ingraham elected BCCEC chairman along with new Board of Directors
NASSAU, BAHAMAS — The Bahamas Chamber of Commerce and Employers' Confederation (BCCEC) held its Annual General Meeting and Election of its Board of Directors on November 30, 2023. Timothy Ingraham (CEO of Summit Insurance Co. Ltd.) was elected as Chairman by the membership of the BCCEC to serve a two-year term and lead the Board [...]