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🚨🚨 Jamaica's insurance industry just got hit with a regulatory bill that could sting everyone. Up to 100% fee hikes approved yesterday. The IAJ is raising hell about it – and as someone watching this economy closely, you should too. Here's the full story, why it happened, and what it really means for your wallet.
1/10 Picture this: Your car insurance, home policy, or business cover quietly gets more expensive because the watchdog needs more cash. That's the alarm the Insurance Association of Jamaica (IAJ) is sounding right now. Executive Director Everton McFarlane didn't mince words – these increases, some doubling overnight, are "substantial." Every dollar funneled into fees is one less to invest in the business or beef up after disasters.
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