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Gibson: Increase NIB now or pay later
March 13, 2024
Gibson: Increase NIB now or pay later
NASSAU, BAHAMAS — Another former National Insurance Minister emphasized on Wednesday afternoon that the National Insurance increase should have been implemented long ago. Shane Gibson made these remarks on the sidelines of Pats Senior Citizen Home's feeding initiative, highlighting the significance of the program in aiding the elderly. He also claims that the increase must [...]
BTC “Inspires Inclusion”
March 11, 2024
BTC “Inspires Inclusion”
With the overall aim to “Inspire Inclusion,” BTC pulled out all the stops to celebrate International Women’s Day (IWD) last week, simply to remind its female staff that they are valued, respected, and very much appreciated.
FNM: SEARS 'MUST RESIGN OR BE FIRED' - Call for minister to step aside if he misled Parliament
March 13, 2024
FNM: SEARS 'MUST RESIGN OR BE FIRED' - Call for minister to step aside if he misled Parliament
FREE National Movement (FNM) leader Michael Pintard said National Insurance Board Minister Alfred Sears should resign or be fired if he misled Parliament about increases in NIB contribution rates.
March 12, 2024
FNM Deputy Leader: Davis Administration Confused Over NIB
NASSAU, BAHAMAS - Opposition Deputy Leader Shanendon Cartwright calling the Davis administration confused over The National Insurance Board.
March 12, 2024
Veteran Financial Services Consultant, Real Estate Broker Suzanne Black Joins MAISON Bahamas, Forbes Global Properties
MAISON Bahamas, Forbes Global Properties, has announced the recent appointment of award-winning financial services consultant and veteran real estate broker Suzanne Black to the boutique firm. Ms. Black will serve in a dual capacity of consultant and property sales.
Sumner: Fees and firings likely over NIB hike
March 12, 2024
Sumner: Fees and firings likely over NIB hike
FORMER director and CEO of the Bahamas Chamber of Commerce and Employers Confederation (BCCEC) Edison Sumner said when National Insurance Board contribution rates increase, businesses may offset costs by increasing prices, service fees and firing employees.
Atlantis & Partners Donate $58,500 to BNT
March 12, 2024
Atlantis & Partners Donate $58,500 to BNT
Atlantis recently spearheaded a $58,500 donation to The Bahamas National Trust (BNT), supporting the environmental nonprofit’s mission of managing and protecting the country’s National Park System.
March 11, 2024
NIB rate increase long over due says former BCCEC CEO
NASSAU, BAHAMAS- Economist Edison Sumner slammed successive governments Monday morning for failing to implement an increase in contributions to the National Insurance Board (NIB) over the last 20 years. His comments came days after the Davis-Cooper administration announced that it would implement a 1.5% increase in NIB contributions as of July 1, 2024. Minister with responsibility [...]
BTC "Inspires Inclusion"
March 11, 2024
BTC "Inspires Inclusion"
NASSAU, BAHAMAS — With the overall aim to "Inspire Inclusion," BTC pulled out all the stops to celebrate International Women's Day (IWD) last week, simply to remind its female staff that they are valued, respected, and very much appreciated. IWD is celebrated every year on March 8th, and it's an important day on BTC's and [...]
March 11, 2024
Local Government Month recognized by GB government agencies
Administrators and staff members of various government agencies gathered on Friday (March 8) morning at the National Insurance Board building in Freeport, Grand Bahama, in recognition of Local Government Month.
COI Leader: NIB Is In Shambles
March 09, 2024
COI Leader: NIB Is In Shambles
NASSAU, BAHAMAS - Coalition of Independents Leader Lincoln Bain blasted the Davis administration for its handling of the National Insurance Board.
March 08, 2024
Rotary Club of Nassau’s Disaster Management Committee donates to NEMA
Members of the Disaster Management Committee of the Rotary Club of Nassau recently presented officials at the National Emergency Management Agency (NEMA) with emergency grab-and-go-bags and sleeping bags to help mitigate the negative impacts of natural disasters such as hurricanes.
Sears confirms 1.5% increase in rate on July 1
March 08, 2024
Sears confirms 1.5% increase in rate on July 1
NATIONAL Insurance contribution rates will increase by 1.5 per cent on July 1 and rise by that amount every two years for the next 20 years, Immigration and National Insurance Board Minister Alfred Sears said yesterday. However, last night, the Office of the Prime Minister said only the rise for July 1 this year was confirmed - with no decision yet taken on future years.
March 08, 2024
BCCEC: NIB rate hike necessary but could increase the cost of doing business
BCCEC says rate increase necessary but regrettable action not taken sooner NASSAU, BAHAMAS- The Bahamas Chamber of Commerce and Employers Confederation (BCCEC) has expressed concern that the increase in the National Insurance contribution rate announced in Parliament on Thursday will possibly increase the cost of doing business in the country, noting that it was regrettable that [...]
Pintard: Collect what's overdue
March 07, 2024
Pintard: Collect what's overdue
NASSAU, BAHAMAS — While the Official Opposition Free National Movement (FNM) is satisfied that the government has finally revealed the increase in contributions to the National Insurance Board, FNM Leader Michael Pintard told Eyewitness News that the government must also collect overdue funds to assist in reviving the NIB fund.
March 07, 2024
NIB Contribution To Increase Every Two Years Until 2044
NASSAU, BAHAMAS - July 1 will bring a 1.5% rate increase to National Insurance contributions, according to NIB and Immigration Minister Alfred Sears.
March 07, 2024
FNM Leader: How Will This Impact Low-income Households?
NASSAU, BAHAMAS - A 15 percent increase over 20 years - that's what the government says it will take to bring the National Insurance fund back from the brink of collapse.
BPSU: Time not right for NIB rate hike
June 29, 2022
BPSU: Time not right for NIB rate hike
Bahamas Public Services Union (BPSU) President Kimsley Ferguson said yesterday, now is not the right time to increase the contribution rate at the National Insurance Board (NIB) nor should the retirement age be increased from 65 to 67.
Man awarded over $160k in damages after Chinese restaurant accident caused severe burns
March 05, 2024
Man awarded over $160k in damages after Chinese restaurant accident caused severe burns
NASSAU, BAHAMAS — A man has been awarded over $166,000 in total damages, inclusive of interest after an accident at a Chinese restaurant where he was employed resulted in him suffering burns covering up to 30 percent of his body. The claimant, Daquille Missick, also known as Daqquille Hanna and Bennet Hanna, sued Chi Keung [...]
March 04, 2024
New industrial agreement between Bahamasair's management and pilots nears completion
NASSAU, BAHAMAS- Bahamasair pilots, represented by the Bahamas Airline Pilots Association (BALPA), will soon breathe a sigh of relief as the inking of a new industrial agreement with airline management is said to be on the horizon. BALPA and executives of the national flag carrier have been locked in dialogue at the negotiation table for [...]
Union rejects NHI component in proposal
March 31, 2017
Union rejects NHI component in proposal
Officials of the customs and immigration union and representatives of police, prison and defense force officers yesterday expressed concerns that they may lose their medical insurance benefits if the government has its way.
Sloane Smith, president of the Bahamas Customs, Immigration and Allied Workers Union (BCIAWU), voiced frustration over his latest meeting with Minister of Labour Shane Gibson, ...
Colina Supports Young Heart Patients
March 01, 2024
Colina Supports Young Heart Patients
Colina was present at the 58th Annual Heart Ball held at Baha Mar on Saturday, February 24, under the theme ‘Repairing a Child’s Heart is a Gift for Life’.
Making fast food of Healthy Home Cooking
May 16, 2011
Making fast food of Healthy Home Cooking
GET WELL BAHAMAS
Special to The Tribune
Fast food may slow down weight loss. Loaded with bad fats, high calories and very little nutrition value, fast food is counterproductive to people trying to lose weight.
Thanks to an information session held at The College of the Bahamas' Culinary and Hospitality Management Institute (CHMI), the National Insurance Board's Get Well Bahamas Challengers now ...
May 17, 2011
Controlling Cost and Managing a Quality Group Healthcare Plan
Employee Benefits Training Seminar
for May 26
Woodside
Insurance Brokerage Limited, in conjunction with Horizon Development
Group, is hosting the first annual Employee Benefits Training Seminar
under the theme, "Controlling Cost and Managing a Quality Group Healthcare
Plan". The event is scheduled for Thursday, May 26 at the British
Colonial Hilton Hotel, from 8:30am to 3:30pm.
The
semina...
Insurer's 'peak year' sees 25 profit rise
May 18, 2011
Insurer's 'peak year' sees 25 profit rise
By NEIL HARTNELL
Tribune Business Editor
A leading Bahamian general insurer yesterday described 2010 as a "peak year" and its "best ever from a technical underwriting perspective", generating a 24.5 per cent net income increase that beat internal budget forecasts by 22 per cent.
Tom Duff, general manager of Insurance Company of the Bahamas (ICB), the 'tied carrier' through which BISX-listed age...
Get Well Bahamas closes Inaugural Session
May 19, 2011
Get Well Bahamas closes Inaugural Session
Nassau, Bahamas -
The
National Insurance Board's inaugural Get Well Bahamas Challenge (GWB)
ended on Wednesday (May 18) with an awards ceremony under the theme,
"Recognizing Excellence & Rewarding the Best". The event, held
at Workers House, was the culmination of a three-month-long partnership
between
NIB, Jemi
Health & Wellness and Body Zone Fitness. The GWB programme was desig...
New FamGuard units hit 30m in client assets
May 19, 2011
New FamGuard units hit 30m in client assets
By NEIL HARTNELL
Tribune Business Editor
Two FamGuard Corporation business units have shrugged off the recession's impact to grow assets under management to $30 million in less than three years, with the BISX-listed firm's general insurance agency doing more business in the 2011 first quarter than it did in four months last year.
Patricia Hermanns, president and chief executive of the BISX-list...
March 01, 2024
Court of Appeal upholds former NIB director's pension benefit award
NASSAU, BAHAMAS — The Court of Appeal has upheld a Supreme Court judge's decision to award a former National Insurance Board Director seven years of pension benefits. NIB had appealed a decision of Justice Diane Stewart, who, in an April 28, 2023 ruling, determined that NIB "negligently misrepresented" to Rowena Bethel that she could participate [...]
March 01, 2024
CANCEL THE DEAL: Opposition condemns air freight terminal outsourcing arrangement
NASSAU, BAHAMAS — The Opposition has strongly condemned and called for the cancellation of a reported $25 million airfreight terminal outsourcing arrangement at Lynden Pindling International Airport, suggesting that it would impose an additional tax burden on Bahamians. "What is reported cannot be defended. It simply cannot be that the government has signed onto a [...]
December 15, 2016
Officials Outline Payment Options for Certificate NHIB Providers
National Health Insurance Bahamas officials Wednesday outlined payment options that will be available for registered and certified providers of the programme...
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