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June 07, 2023
Insurance Commission Continues Its Partnership With Lupus 242
In recognition of lupus awareness month in May, the Insurance Commission of The Bahamas recently made a donation to local non-profit support group Lupus 242.
We Can't Afford For National Insurance To Fail
June 06, 2023
We Can't Afford For National Insurance To Fail
NASSAU, BAHAMAS - Prime Minister Philip Davis giving says his government cannot afford for the National Insurance Board to fail.
June 06, 2023
Davis: 'We cannot afford for National Insurance to fail'
PRIME Minister Philip "Brave" Davis suggested increasing National Insurance Board contribution rates is on the table for the government.
Controversial Hurricane Insurance Renewed
June 02, 2023
Controversial Hurricane Insurance Renewed
NASSAU, BAHAMAS - The government has renegotiated the terms of The Caribbean Catastrophic Risk Insurance Facility.
Policy change on medical insurance for dependents won't impact recruitment, Fernander says
May 22, 2023
Policy change on medical insurance for dependents won't impact recruitment, Fernander says
The government's decision not to offer medical insurance coverage for dependents of law enforcement officers who join the ranks after July 1 won't deter potential recruits, according to Royal Bahamas Police Force Commissioner Clayton Fernander. Fernander said more than 600 applicants have expressed interest in joining the force's latest recruitment drive. "Since we opened up ...
The post Policy ch...
Downtown blaze reveals value of fire insurance
February 16, 2011
Downtown blaze reveals value of fire insurance
At least $7-10 million in building value was wiped out by the Valentine’s day fire, which devastated the offices of Betty K Agencies and several surrounding buildings, according to one insurance specialist, and the destruction should serve as a reminder of the value of fire insurance.
Chairman of the Bahamas Insurance Association Timothy Ingraham told Guardian Business yesterday that, withou...
Insurance company's license cancelled
February 23, 2011
Insurance company's license cancelled
Around $500,000 worth of insurance policies with Atlantic First?Insurance Company have been cancelled following the Insurance Commission of The Bahamas’ decision to revoke the company’s license.
As of yesterday, Atlantic First has been directed to cancel existing insurance policies and refund unearned premiums to policyholders. Superintendent of Insurance Lennox McCartney said actions...
May 16, 2023
BNATUC President Slams Insurance Changes for Officers
NASSAU, BAHAMAS - Law enforcement officers, who were recently hit with insurance policy changes, are getting more support.
BPSU Slams Changes to Officers' Insurance Policies
May 09, 2023
BPSU Slams Changes to Officers' Insurance Policies
NASSAU, BAHAMAS - The Bahamas Public Services Union president is standing in agreement with law enforcement officers who aren't happy with an upcoming change to insurance policies that will impact hundreds of new officers.
Associations Push Back on Insurance Issues
May 09, 2023
Associations Push Back on Insurance Issues
NASSAU, BAHAMAS - For recruits joining the police force after July 1st, the insurance policies for law enforcement officers will no longer cover dependents; now law enforcement associations are pushing back.
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