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News
Peril premiums unchanged for NHT mortgagors
18+ hour, 12+ min ago (409+ words) THE National Housing Trust (NHT) is advising mortgagors that they will continue to pay the existing peril insurance premium for the upcoming period, September 1, 2026 to August 31, 2027. Manager for the Loan Portfolio Management Unit within the NHT, Leighton Taylor said the…...
FSC proposal could add $500 million to general insurers’ annual bill
1+ mon, 3+ week ago (1134+ words) HOME and motor insurance premiums could face fresh pressure if proposed fee increases by the Financial Services Commission (FSC) are approved, with general insurers potentially facing about $500 million in additional regulatory costs. The proposed increase is not a direct charge…...
INSURED, BUT NOT ENOUGH
2+ mon, 3+ week ago (683+ words) SEVEN out of every 10 Hurricane Melissa claims received by General Accident were underinsured, suggesting that many homeowners and businesses may ultimately have to absorb a sizeable portion of property losses as they rebuild. The disclosure by General Accident Group CEO…...
Marathon Insurance Brokers opens new branch in Santa Cruz
11+ mon, 4+ day ago (386+ words) ST ELIZABETH, Jamaica – Marathon Insurance Brokers has expanded its footprint with the official opening of a new branch in Santa Cruz, St Elizabeth on Thursday. The company says the move reflects both the town’s growing importance as a commercial hub…...