CLICO customers worried

Read storyPolicyholders concerned about their investment were asking questions at Clico (Bahamas) Wednesday, a day after the government moved to liquidate the company.

Several customers were reassured that their money was safe; one said he was told to check back on Thursday (yesterday), another that he should not worry because the company will be bought and his life insurance policy was re-insured.

Another client was "seething" as she left the office because she was told she would have to wait two weeks for the liquidators to pay and that there was no guarantee she would get her money back.

Full Story in The Nassau Guardian here

Full Story in The Tribune here (Page A1)