British American insurance policyholders will know their fate later today. A decision will be released after 1 this afternoon via the Caribbean Court of Justice’s page.
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That decision will come at 1pm Tuesday.
For context, on July 13, 2021, the British American and Clico policyholders group (BACOL) filed a lawsuit in the Caribbean Court of Justice (CCJ) seeking compensation from Government of Trinidad and Tobago of the monies owed to the British American Insurance Company Ltd (BAICO) policyholders after the Trinidad government failed to include them in its settlement offered to other Caricom policyholders.
Close to 2000 policyholders from Antigua & Barbuda, Dominica, Grenada, Montserrat, St. Kitts and Nevis, St. Lucia and St. Vincent and the Grenadines are affected, many of whom have reported financial hardship, destitution and emotional trauma after the 2009 collapse of BAICO.
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The post Antiguans who lost millions in BAICO collapse will know their fate today appeared first on Antigua Breaking News.
