British American Insurance Ltd (BAICO) Policy Holders on Montserrat to get an Opportunity to Join a Class Action Law Suit Against the Company
Policy holders of the former British American Insurance Company Ltd (BAICO) have an opportunity this evening to join the class action law suit against the company.
British American Insurance Company Limited and Colonial Life Insurance Company Limited Policy Holders Group (BACOL) will host an online town hall meeting at 6:30 p.m..
This is to apprise policyholders of the legal action at the Caribbean Court of Justice (CCJ), seeking fair and equitable compensation for all policyholders of the collapsed insurance company, and their beneficiaries.
Tonight’s townhall meeting will be addressed by BACOL President, Dr. Patrick Antoine, and the legal team, comprised of Mr. Simon Davenport, Q.C. and Mr. Gregory Pantin.
Registration of policyholders wishing to join the class action is already underway.
Policyholders in Montserrat may register with Kharl Markham of the firm Allen Markham and Associates.
The quest for financial justice for Policyholders of BAICO began, with the filing of a legal action at the Caribbean Court of Justice on July 13th, in pursuit of fair and equitable compensation from the Government of the Republic of Trinidad and Tobago.
BACOL, on behalf of its members, has caused the jurisdiction of the CCJ to be invoked, with a view to receiving full compensation on par with that awarded to British American Policyholders from Trinidad and Tobago.
The filing of the lawsuit is a culmination of painstaking work, and a long journey that began with the formation of BACOL.
The group was formed after it emerged that following the collapse of the insurance company, British American policyholders in the OECS would not be offered compensation on par with that awarded to policyholders from Trinidad and Tobago.
It is estimated that in excess of 800, 000 dollars are owed to policy holders in Montserrat and other Eastern Caribbean Islands.