Insurance shortfalls, financial losses crippling St Bess business recovery
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Businesses in St Elizabeth are struggling to recover following the impact of Hurricane Melissa in 2025. Operators are facing severe financial losses and inadequate insurance coverage. Rising borrowing costs are adding to the pressure. Some business owners are now considering permanent closure because of these combined financial burdens.
WESTERN BUREAU: Crippling financial losses, inadequate insurance coverage and mounting borrowing costs are threatening the survival of several businesses across St Elizabeth, leaving some operators contemplating permanent closure as they continue to reel from Hurricane Melissa’s devastating 2025 blow.