Local attorney Jack Husbands has been appointed as the new chairman of government’s Insurance Tribunal.
Eric Ball previously chaired the Tribunal, which was created to help fast-track settlements between aggrieved residents and insurers.
The government did not explain why Ball is no longer head of the recently-implemented Tribunal.
But, while announcing the change in chairmanship on Friday, Premier and Minister of Finance Dr D Orlando Smith thanked Ball for “his commitment to addressing the concerns of residents as they navigated the insurance claims process”.
He went on to congratulate Husbands for taking up the mantle of chairman.
Husbands has served as a magistrate in the BVI and is currently a fellow of the Charted Institute of Arbitrators.
Meanwhile, the Tribunal will be terminated when it fulfils its mandate of assisting residents and insurers reach amicable settlements.
Roughly 60 percent of insured residents have received payouts so far.
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