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Submitted by Well Well, Observing Blogger
Peter Harris

Some years ago there was a case that Henry Forde, QC and other attorneys represented their clients who are service providers on the island, Carter’s General Store was one and there were many other contractors, plumbers, electrical engineers etc.

The name of the property they builtย  and provided millions of dollars worth of services and supplies for is called Sandy Lane Falls, located in St. James, the owner of this property Peter Harris, refused to pay these service providers their money, this is a matter of public record, they all sued him to recoup their million dollar losses.

The matter was set down before the Supreme Court, but whatย  Harris did next was pure disrespect and evil and can be confirmed by others, he incorporated a shadow company, a separate company, his company, unknown to the Court or the Plaintiffs, as the First Claimant to the action, to be paid first upon a Judgement,, which means the real parties to the court action, although they too received a Judgement, never received a dime.

Fast forward to 2017 and he is at it again, because that first scam worked so well against the Supreme Court, against the Judges and all the Plaintiffs, he has now set up other shadow companies, secretly sold CGI Towers to Scotia Bank, who by the way have finally put up their Scotia Bank logo on one side of the building, but this time it’s to avoid paying any claims in personal injury cases, the scam against the Supreme Court, the Judges and injured claimants is bigger and there is much more at stake.

And then this happened recently:

Legal standards have fallen to an all time low at the Supreme Court, the bar is now set extremely low for lawyers who should not be lawyers, we have spoken about that on here ad nauseum in the last 4 or 5 years, it has only gotten worse, will only get worse, if there is no intervention.

It’s time for the useless attorney general to actually do some work and help the chief justice and judges, who can be seen as trying their best, to reel in these unethical law firms, their well known unethical owners and theirย  unethical junior lawyers who work for unethicalย  insurance companies, did someone say CGI Insurance, then they will be correct….and who continue to be destructive to the court system, showing blatant disrespect to the judges and injured people.

I understand that this law firm, it’s owner, it’s junior attorney and the insurance company, that I always complain about incessantly, which will be named at a later date again and will continue to be named until the corrupt, blackmailed government ministers and politicians do something about them…….and the lastest disrespect to the Supreme Court, the Judges and injured Claimants is making the roundsย  in legal circles from extremely reliable sources thatย  they,ย  this month,ย  all concocted this cockamamieย  scheme to not prepare for a personal injury trial andย  lied to the judge and the court, in a bid to maliciously and unnecessarily prolong the personal injury case, inย  a continuous years old bid to delay the outcome.

Apparently the judge did not think it funny or cute, was not amused and awarded the claimant costs to the attorneys in the amount of $4,000 for the waste of their time…not bad for a couple hours work that they did not have to do and I will hazard a guess that VAT will be included.

Good for that Judge.

Many plaintiff attorneys are complaining that defense attorneys who work for insurance companies are refusing to prepare for trials in an attempt to subvert the cases, to facilitate the insurance companies intent to not pay compensation to injured claimants.

In my opinion,ย  the attorney general can do much better than that by helping theย  CJ raise that penalty to 15 or 20,000 dollars and it will beccome a definite deterrent for unethical law firms, their unethicalย  owners, unethicalย  junior attorneys and unethical insurance companies and their owners,ย  they will no longer feel the need to maliciously torture andย  suffer injured clainants by viciously prolonging the cases, just because they have been gettingย  away with it for years, through theย  David Simmons legacy ofย  selling out the supreme court to the same insurance company.

The same insurance company that,ย  because of his involvement with the despicable and morally bankrupt owner, I am told, Simmons lost his place on the CCJ because of his destructive and toxic relationship with the Harrises……… “despite Simmons being one of the brilliant architects of the CCJ.”…….were the exact words used.

He ruined that excellent chance to leave a lasting legacy and lost Barbados’ seat on the CCJ to run with these two indian beasts who are hellbent on destroying the lives of Bajans.

It is a good thing the CCJ holds itself to an extremely higher standard or Simmons and his toxic relationship, were they allowed on the CCJs bench, would have compromised every case sent to the CCJ from Barbados.

Immoral, unethical actions carry dire consequences..

Raising the tort will set a frighteningย  precedent for those who continue to engage in the evil practice of compromising the supreme court to protect their greed, for financial gain. They would all be too afraid to have to pay a 15 or 20 thousand dollar penalty for wasting the Court’s time.

I keep warning these politicians, government ministers and others who are currently being blackmailed by the Harrises to do something about them, time is running out.


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190 responses to “The Blatant Disrespect and Abuse of the Barbados Supreme Court”


  1. This is clear prima facie evidence of poor regulation and supervision. An insurance company cannot be sold without the approval of the regulators and supervisor, and they are then obliged to carry out due diligence.
    A central part of this due diligence is an examination of their long-term liabilities (the cote business of insurance) and outstanding debt, including claims, and plans to resolve these.
    Further, a Canadian-owned bank cannot (or should not be able to) buy an insurance company in Barbados – thereby transforming their business model from a bank to a bancassurer – without first getting the approval of the banking and insurance regulators and supervisors.
    Mr Harris and his advisers may be every thing we say about him and his business methods, but we must also look at ourselves and our lack of competence.
    By the way, what was Peter Harris’ name before he Anglicised it?

  2. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Carson Cadogan…Shady Pines THAT.

    Hal…Scotia Bank only bought the building CGI Towers, nit the insurance company.

    I had Harris’ cultural indian name written on a dicuments that I am now looking high and low fir, you will get it eventually.

    He only sold the building and is now renting a couple offices from Scotia, be that as it may, the selling of the building should not have been a secret, particularly to policyholders and claimants.

    Again, government ministers are involved in protecting that breed of corrupt business people and their criminal organizations.


  3. Kutappa


  4. Excellent work David!!!! Expose Harris and his concubines to the world. Dirty Leslie Hayne QC (former CLICO Director) is one of the primary architects of Harris’ nasty deeds. Haynes is ably assisted by his trainee, Lesley Roberts. A bunch of horrible individuals. Harris hates this type of exposure and would be at this moment moving into action one of his children’s mothers, Pamala Proverbs, a PR consultant, in order to minimise the negative fall out from this and other stories which have appeared in the alternative media as of late. I’m very much enjoying this. For the rat Harris must be made to squirm, while he is taken off his pedestal.

  5. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Thanks blogmaster..that is it Kutappa is the Mumbai family name.

    What is truly frightening is that over the last 20 years, he has had 3 law firms representing his interests.

    George Payne law firm

    Mottley law firm

    Leslie Haynes law firm…..presently

    How could these senior lawyers not know that there is a legal line that you at no time enable your clients to cross to disrespect the judiciary.ย 

    No matter who they think they are.

  6. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

  7. Yes Well, Well. Pamala is a nice girl, but got herself involved with bad company – Peter Harris.

  8. Carson C. Cadogan Avatar
    Carson C. Cadogan

    This is pure drivel.

    A vain attempt to besmirch the good name of the Harrises by some one with a chip on her shoulder.

    I would bet all the tea in China that you would not attach your real name to this piece of garbage. You are just like MIA AMOR MOTTLEY, she hid behind Parliamentary privilege and you are hiding behind WELL WELL and a blog which is written under DAVID’s bed.

    Well WEll , you are nothing but a COWARD.


  9. Was wondering what was taking the Harrises house slave so long to crawl out from his hole and appear on BU, in defense of his employers – Peter and Thomas Harris. Carson Cadogan aka Michael Lashley, you are a disgrace to Bajans and our Black race!!!

  10. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Carson….if I am the coward, why dont you step foot in the US and show us just how brave you are.

    Why ย dont you dial up Henry Forde, QC and confirm instead of sounding bitter and miserable.

    Ya were born with the mind of a slave and you will leave the earth as one….but not before the voters kick you and all the other Harris slaves out of their parliament.

    How is knowing who I am going to help you, I know where each and everone of you live including the Harrises ya think Harris can send someone after me, I been patiently waiting to get him in handcuffs….so bring it on.

    At this stage it’s better to leave well enough alone, ya can always push it though, I thrive on challenges.

    That is always yall criminals fall back and weakness.


  11. To WW&C —- Recently there was an interesting T&T travelogue from the Bourdain series….lots of food certainly but what was interesting was the glimpse he provided into the social strata in Trini-land. It was enlightening – to say the least- to listen to the Syrian/Lebanese clan brag of their excellent life at the top of the totem pole and too their almost complete disassociation (so they said) with their clan back in the homeland.

    I say all that to ask Ms Well, Well & Consequences: what exactly are you unearthing with this piece on Harris?

    We know that like the Trini sect he too has parlayed his heritage – Indian – to sit atop our social strata…and we surely didn’t need CNN to tell us. But other than leading a supposedly astute and sharp former journo to make an absolutely whopper of a misstatement what do you want us to learn here????

    You speak of an old case which is public record. OK, so I can google it. Not particularly interested about which corporate businessmen Harris shafted but a good story can always fill some boredom.

    And how many times in the courts do lawyers practice the reprehensible delay tactics you noted! …. So how does this make Harris’ instance the bell-weather for ‘blatant disrespect and abuse’?

    When lawyers “[lie] to the judge and the court” they are generally held in contempt of said court….so other than hearsay are you saying the judge was a pawn in this debacle!

    How does selling a building help one “…to avoid paying any claims in personal injury cases, the scam against the Supreme Court”? HOW?

    As you note you have been railing (RIGHTLY so) against our courts “ad nauseum” so if you are now starting your series of public reports then good ‘lordy’ please come with valid and purposeful commentary rather than innuendo and hearsay.

    And incidentally any right thinking Bajan who experienced Sir David Simmons rather self-serving maneuver from AG to CJ would have long appreciated that the learned gentleman had a tainted legacy.

    If as YOU offer (hearsay) his colleagues at CCJ thought the same (taint) then that too like the CNN report is NOT news…but interesting surely!

    As I said I love a good read and David’s blog has a sterling reputation for some outstanding exposees. This is surely not one of them.

    But I look forward to further essays from you with more gravitas…

    ….After-all with your intensive research on these affairs you surely have some great (factually sound) stories to tell….and Peter Kutappa-Harris is definitely an enigma who surely has some ‘skeletal bones’ in the foundation of his many properties.

    Shine your light Ms Well-Well, we should all be made aware!

  12. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Pedant….true to form, it all went right over your head.

    You need the BU sage, the Bushman to help you out, I got bigger fish to fry today, no use explaining to you….ya just wont get it.


  13. @ David

    After all the criticism and pejorative remarks from Cadogan, Angela Cox-Skeete and “Fractured BLP” to discredit you and BU, they seem to be addicted to this forum, as is evidenced by their numerous contributions.

    It seems as though they can’t help themselves from logging on to BU.

    Surely for a blog that is written under your bed, you and BU must be doing something that causes this addiction.

    Or is it that those three individuals are just plain stupid?

    Donโ€™t bother respond to that question, the content of their contributions substantiate the above observation beyond reasonable doubt.

  14. Carson C. Cadogan Avatar
    Carson C. Cadogan

    None of what you wrote has even a smidgen of truth about it.

    But of course you are one of those low lives who wont let the Truth get in your way.

  15. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Carson…everyone knows you to be a liar…no credibilty.

    But I got you chained to this blog today for a reason.


  16. @Codogone

    Was the case Harris (CGI) vs Kendrid Blackman an Electrical Consultant?


  17. Ahh then as usual with most who pretend to lead and teach, your message is lost to the audience so is it a waste of space and time!

    Yep it surely went over my head!

    You have a Harris bee in your bonnet.

    That is not a problem as he is a busy bee who stings and poisons…but you in turn can’t just prance-parade spewing warmed-over innuendo because of a buzzing bee.

    Alas, it is blogging. Back in the day it was called gossip and land lines would be hot with the ole talk…now we have this medium.

    At least you got one ‘smart’ blogger to start a ‘false-news’ trend that a Canadian bank bought a Bajan insurance firm. If that type thing was your intent then carry on smartly.

    I am clearly the ONLY one who is lost in this piece!


  18. WELL WELL SEEMS UR VERYWELL ON TOP OF THINGS, THEY NEED NUFF MORE LIKE U TO EXPOSE THESE SCUMBAGS FOR WHAT THEY WORTH

  19. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Pedant….Miller can explain it to you too.

    What you should be telling us Carson, is how many Transport Board buses have reinsurance, how many are insured, because accirding to the below comment quoted from anither blog, the vehicles are not insured because of the CGI Insurance scam….and should there be an unfortunate strong hurricane that damages homes, not many houses have reinsurance either.

    It appears that the insurance scam has run its course, is that why CGI Towers was sold in secret.

    “Bajans should not be buying any type of insurance from CGI Insurance. If they sell home insurance to 300 households in any area of Barbados, Harris only pays reinsurance for 3 houses, so in the event of a devastating hurricane with severe flooding and loss of houses and property, only 3 houses will receive any payment because noneย  of the others have insurance coverage.ย 

    He is stealing money from Bajans with his insurance scams, he always boasts that he does not have to pay out any claims, that the insurance contract is only a promise to pay and he can always use the supreme court to refuse to pay moneyย  to policyholders and other claimants.

    Owners of motor vehicles policies from CGIย  have no re insurance coverage, the Transport Board buses have no reinsurance civerage in case of accidents, injury or death, Harris stopped paying reinsurance to cut down on paying premiums, he prefers to pay lawyers to waste everyone’s time in the supreme court to avoid paying out claims.

    Bajans should not be buying motor insurance from CGI Insurance, you will have no coverage, you are risking your lives, that is why CGIs premiums are cheaper than other insurance carriers, he is stealing your money, you are not being insured.”


  20. Even if the CGI business was not sold, but only its office, the insurance supervisor should still have to give his/her permission.
    If the property was a company asset, then it should have to explain why it was putting it up for sale. Was it to raise cash? If so, why was the company trying to raise cash? In any case, it should be asked to explain its solvency: can it meet its long-term liabilities, such as annuities and life cover? What about its with profits policy promises?
    The supervisor should also be asking about the cash raised from the sale of the property: is it to meet business or claimant debt or other liabilities? If so what? None of this should be secret. The strength of banking and insurance is transparency.
    I know Barbadian can get very sensitive when people criticise their public officers, but our banking and insurance regulations and supervision are back in the 19 century.
    As to Mr Harris’ birth name, why is this so secret? If he changed his name by deed poll then that is a public record; his original name should appear on public records: school, electoral register, etc.
    Do remember that any one of Indian origin, no matter how many generations out of India, has a right to claim an Indian passport.


  21. @WW&C as I am the only lost soul with your exceedingly wild accusations I will make this last statement and be gone.

    If ANYTHING of your 8:46 AM is accurate then you are claiming a complete and total insurance fraud in Barbados.

    FRAUD!!!!!

    If anything is more than hearsay and you actually have valid reasons for your statement then YOU would of necessity have written or provided info to another to have prepared a letter with facts to the local insurance regulators.

    (Absolutely you must have!!!!)

    It is one thing for us to come on blogs and bloviate with our opinions (me included) but it’s quite another to make the accusations you have.

    Anyhow enough said, this is becoming nonsensical.

    Enjoy your days blogging..or is this my mum’s gossip feast with Maisie and Beryl!

  22. Carson C. Cadogan Avatar
    Carson C. Cadogan

    “warmed-over innuendo because of a buzzing bee.”

    Love it!!!

    “Warmed over innuendo” describes this RUBBISH to a Tee.
    Well Well trying to play important. And of course DAVID will give her the space.

    I wonder how much money DAVID makes off this blog through AdSense..


  23. Does anyone smell Pamala Proverbs here? And if not in person, at least an agent of hers (and Peter Harris)?

    Their aim and objective is to create doubt in the minds of the readers of Well Well’s well researched blog.

    DO NOT BE FOOLED BY THE BENGALI & HIS HIRED AGENTS. YOU HAVE THESE GREASY SCUMS ON THE RUN AND LET’S NOT STOP UNTIL WE HAVE RAN THEM OUT OF TOWN!!!

  24. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Hal…we got that selling CGI Towers should not be a secret, it is a public company…though not publicly traded to my knowledge…, but never the less, the sale to Scotia bank should not have been kept secret from policyholders and claimants with active cases in the suprene court.

    All kinds of regulations, controlled by government ministers were broken, for sure. The intent for secrecy was obviously dishonest, unethical and criminal, given their track records.ย 

    To my knowledge. ..after Barrow allowed the Kupatta family to remain Barbados, the boys were small, at that time the parents had all their names changed to Harris by deed poll, those were different times, so maybe the parents felt more comfortable with anglacized names.

    The Harrises can return to Mumbai at any time.

  25. Carson C. Cadogan Avatar
    Carson C. Cadogan

    Hal Austin June 26, 2017 at 8:50 AM #

    I cant believe that you are giving credence to this fairy tale.

    This woman has too much time on her hands hence this nuisance article. Someone should really find something useful for her to do at Shady Pines.

  26. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    When we get Harris in handcuffs, no more money laundering or drug trafficking for you Carson.

    Keep crying.


  27. @Hal, who ever said that “… Mr Harrisโ€™ birth name, [was] … so secret”

    Harris has several brothers some of whom played representative sports in Barbados and were often in the press. He as you know played for your alma mater and represented Bim in hockey. In short there is nothing really secretive about them.

    I am sure than many people like the blogmaster knew that name ‘Katappa’ – even though that goes back to their ‘school-dazes’ .

    I would ask you, what is the big deal re the original name?

    And incidentally there has been at least one decent feature story done on the Kutappa-Harris clan.

    Just saying!


  28. @Hal

    How do we know if the FSC has cautioned any insurance company in Barbados?

    Also what is the required level of reinsurance any insurance company should have? Is it correct that there is the minimum and there are those companies that will operate above the minimum? We must assume that base on FSC oversight CGI is maintaining a minimum reinsurance level until told otherwise.


  29. Just made a call. Peter Harris is beyond livid. He was informed about this BU expose shortly after 6 AM this morning and all hell has broken lose since. A number of names are being called as the possible sources for the information contained in the blog. Mu gut feeling tells me that there is a lot more to come. In the mean time, I’ll just sit back and enjoy. LOL!!!

  30. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Carson….you disgrace, when did you plan to tell the blog that Harris fronts for Leroy Parris, the real owner of Platinum Motors….AND…..Bayview Hospital…..two laundromats.

    Or did you not know that….

    He dies not have as much as you think…..you bottom feeder.


  31. @ de pedantic Dribbler

    I agree with your comment re: โ€œwhat is the big deal re the original name?โ€

    Hal Austin never ceases to amaze me, especially with the double standards he blatantly โ€œdisplaysโ€ in this forum.

    Anything written about Leroy Parris or Hal Gollop is described as โ€œthe WHISPERS and PUBLIC ABUSE are not only UNDEMOCRATIC, but INFRINGES his human rights,โ€ or defamation of their characters or, according to a previous post: โ€œHal Austin June 5, 2017 at 4:20 AM #: we fiddle in this forum about the reputation of fellow Barbadians.โ€

    Yet he equally condemns Charles Leacock, referring to him โ€œthe Guyanese DPP,โ€ Muslims and is now, in innuendo, โ€œfiddling with the reputation of a fellow Barbadianโ€โ€ฆโ€ฆโ€ฆ.. Harris.

  32. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Pedant pourquoi ne vous rendez-vous pas vraiment utile et allez jouer avec vous-mรชme ou quelque chose … alors … celui-ci est bien au-delร  de vous, de faรงon rรฉelle….lol

  33. Carson C. Cadogan Avatar
    Carson C. Cadogan

    The sum total of Well Well’s ground breaking Expose:

    “Warmed over innuendo”

    Nothing to be taken seriously, just a hatchet job.

    hahahaha


  34. WW&C

    Why bother responding to Carson C. Cadogan, especially when you have already alluded to the fact he does not have any credibility?

  35. Carson C. Cadogan Avatar
    Carson C. Cadogan

    Pedant pourquoi ne vous rendez-vous pas vraiment utile et allez jouer avec vous-mรชme ou quelque chose โ€ฆ alors โ€ฆ celui-ci est bien au-delร  de vous, de faรงon rรฉelle

    Pedant why do not you really make yourself useful and go play with yourself or something … then … this one is far beyond you, in a real way

  36. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Art….because he is all hot and bothered, cant lie it away or explain it away….

    none of this was supposed to become public knowledge. …Carson was content to allow and help his masters to rob bajans blind.

    Ah guess it backfired bigly…lol

    Pedant….how ya like that one…lol

  37. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    I wilฤบ make you speak German and French today Carson.,.,, bigly.


  38. @ WW&C

    If what you have written is true, then obviously Peter Harris will โ€œflourishโ€ under both BLP & DLP administrations.

    As you may know, David Thompson, David Jean-Marie and Peter Harris were mates from Combermere days. Also recall, Jean-Marie was General Manager of the Transport Board.

  39. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Art…easy to connect the dots, why do you think Harris believes himself untouchable in Barbadod.

    As I said…the black population was never to find out any of this….only the slaves like Carson were supposed to protect these criminals with their dying breathsl


  40. Artax,

    Here you go again. No matter how many times you get things wrong about me and my views, you never give up. You insist on claiming that Mr Parris is a friend of mine, now you have added Hal Gollop to that list. Please remind me and other readers at what time I referred to Mr Gollop in BU on any topic?
    You also claim I ‘condemn’ the Guyana-born DPP, but apart from mentioning that he is Guyana-born, how have I condemned him, apart from critiquing the criminal justice system in some instances ie the prosecution of a 13 yr old school girl; prosecuting Rasta parents for home schooling, and in a way that unfairly identified the children; and in not bringing the case of PCC Gittens to court.. All of which are legitimate. Give me a single instance of condemning him because of his nationality.
    All I have said about Mr Parris is that the rule of law must prevail, innocent until proven guilty.
    @ @Artax I never cease to amaze you because you are not as bright as you think. You are so keen to put me in my place that you fail to read what I have said.
    By the way, all our national papers refer to the country of birth of people before the courts on alleged criminal offences, or is it just the Guyana-born DPP that gets you worked up?.


  41. Well,Well
    Just read your commentary.Barbados has been so accustomed to a better system of governance from the three branches that the citizens are mesmerized or stunned by the downright wutlessness that passes for the performance of these three branches.Everywhere we have pisspoor heads…..Stuart,Gibson,Brathwaite.Barrow and Tom would have run these masqueraders out of this island long time accompanied by the DPP for good measure.The DPP continues to be the laughing stock of the Law Society.He recently lost a case in the High Court involving the Anglican Archbishop of the West Indies.A simple parish priest took the church to court over a ‘rights’ matter.The advice to the bishop by the chancellor was accepted and off to court they marched singing …”by many deeds of shame,we learn that love grows cold”…..but they were in for a shock, the judge ruled “pay up or else”.Both Archie and Le Coq hanged their heads in shame,leaving the court in disgrace at the hands of a simple lowly parish priest who says he is just ‘a clerk in holy orders setting the record straight for those who are to come’.The clerk said if lecoq was the only legal beagle left standing he would ask permission to self-represent.


  42. WW&C

    Yes, it is easy to connect the dots in Barbados, especially when you take “the talk of the old school tie” into consideration.

    Prior to the 2008 general elections or shortly after, for example, Peter Boyce left Madd Entertainment to form his entertainment company.

    Boyce subsequently facilitated the production of a number of entertainment programs hosted under the auspices of the government.

    As you know Peter Boyce and David Thompson were Combermerians.

  43. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Gabriel…bajans need to educate themselves about legal matters, many of the judges really do try, but many of the lawyers know how to manipulate the system.

    An educated claimant in legal matters is a great help to the judges…I have seen this first hand.

    The DPP is a well known disgrace in legal circles.


  44. @ David,
    If any insurance company has been cautioned or fined by the FSC or any other regulator, that should be a matter of public record. In other words, a press release should be issued and the matter should go on the web site.
    As to the required level of reinsurance; there is no minimum in theory, although it depends on the jurisdiction. An insurance company could self-insure, that is cover all its liabilities and risks on its own books. But good risk-management suggest that they should lay off a portion of this potential risk – the third party risk. The local regulator may impose a minimum, or after stress-testing force the company to make suitable arrangements.
    The EU insists that reinsurance can be regarded as a form of capital allocation or good risk reduction, as under Solvency 2. The bottom line is good regulation and supervision.
    I will end by repeating something I told the ZR vans association sometime ago. I cannot remember the exact amount, but they pay an exorbitant amount in insurance. I suggested to them that they should self-insure, re-insuring third party, enter a deal with a garage, or open their own garage for mechanical and body repair and that would, over time, drastically reduce their insurance bill.
    The other thing they could do is insure in bulk: go to an existing insurance company and offer them all the ZR (and hire car) insurance at a special price.
    Like the children in my house, they just ignored me. I remember when I raised it in the meeting, one government official, who apparently had lived in London, screamed “dem can’t do da”. He was in shock.

  45. Well Well & Consequences Observing Blogger Avatar
    Well Well & Consequences Observing Blogger

    Art……Jean Marie also attended Combermere, most of them did, who are involved in scamming the people on the island, they haunt the place with their blighted souls, it’s all about them and no one else, ย no matter how destructive or repugnant their greedy actions.


  46. WW,
    I cant say you are correct about the subject person BUT I have been very doubtful about his “businesses” for a very long while. My father was a businessman in Bridgetown for 50 yrs+ and he dealt with hoteliers and other foreigners who conducted business in Bim in what was the good old days, say 45 yrs ago, relative to the blatant corruption extant today. My father always kept foreigners on a very tight credit rein as he had seen hoteliers leave Bim with a briefcase of cash and disappear, never to be seen again. Anyone with a foreign passport can easily slip the net especially with a few Grantleys that can be proffered if necessary.

    There seems to some on here that are very naive or on the TAKE.

    WW, bring forward more evidence for our edification. It could become very interesting when the BLP gets in as the Ds may have to be very worried like the DEMs are and should be in the US. However, the Bs may not want to expose the scams as they are probably planning to do the same. One thing is certain the PEOPLE will be screwed regardless.


  47. @Hal

    Good comment.

    A look at the FSC website does not raise any eyebrows. One must assume that there has been no serious caution of insurance companies in Barbados.

    http://www.fsc.gov.bb/

  48. Sunshine Sunny Shine Avatar
    Sunshine Sunny Shine

    Lordy Lordy Lordy, Well Well I would like to know who burst you cherry. Wuh, I thought I was bad girl, but you doan mek na sport a tall.


  49. David,

    That is the problem. If there are no official red flags then it is fair for ordinary people to assume companies are properly run. I do not think the regulators and supervisors are corrupt, just incompetent.
    If you Barbadianise every job, regardless, then this is what you get. I remember a few years ago a young woman (I won’t identity her or the position) was at university in the US and already had a job waiting for her back home. I was told by the politician that that was for this woman.
    A fresh graduate should not be given responsibility for a serious public sector position. Would you allow a newly qualified doctor to operate on you? I do not even allow trainee doctors in to my examining room.


  50. Hal,
    The reality is that those in charge are very naive and know little of the scamsters systems. A Senator told me a few years back that the MBA types are rather gullible youngsters with little knowledge of the tricks of top investment firms in NYC or London.
    I am confident that WW will be proven correct that some Ins Corp will not be in a position to pay up when a major disaster strikes —they would have invested in illiquid items, not re-insured or spent the $$$$$. Time will tell.

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