Archive for March, 2010
Reports of Alleged Pedophile in Bermuda Persist
As we first reported almost a week ago, there was news out of Jamaica that fugitive Harold Crooks, a former high ranking police officer, may be hiding in Bermuda. Mr Crooks is wanted in Jamaica on charges of sexual molestation of a minor. The former commandant of the Island Special Constabulary Force is believed to have fled Jamaica to avoid a trial... Read more of this article
Community Education Launches New Website
The Community Education and Development Programme [CEDP] has launched a new website which allows for online registration for community school courses, and has a downloadable PDF of courses available. With a full listing of courses divided by type, location and by instructor, the website is comprehensive and fairly easy to use. CEDP offers a wide range... Read more of this article
Omega Insurance: $23 Million From Chile Quake
Bermuda based Omega Insurance Holdings Limited today announced an initial estimate of losses arising from the 2010 Chilean earthquake of approximately $23 million. This is based on current market loss estimates of between $5.5billion and $8.5billion. There is still material uncertainty surrounding the total market loss, therefore this initial estimate... Read more of this article
Bacardi: Renewed Contract for Europe Distribution
Bermuda based Bacardi Limited, the world’s largest privately held spirits company, today [Mar 31] announced details of their distribution arrangements in Europe. Bacardi and Brown-Forman have renewed contracts for Bacardi to distribute Brown-Forman brands in Belgium, Luxembourg, Denmark, Austria, Switzerland, Portugal and Andorra effective May 1.... Read more of this article
Recap: A Look Back at March 2010
March 2010 saw an unprecedented wave of shootings, one murder, one man presumed drowned, Southlands opened to the public, new immigration rulings, a veteran politician cross the floor, one man freed for a death while another was jailed and much more. Revisit the last month with our recap below: March 30: New immigration rule mandates ability to speak... Read more of this article
April 13: Floating Bookstore to Visit Bermuda
A ‘floating bookstore” will be docking in Bermuda next month, offering thousands of books for sale, tours and more. The ship, ‘Logos Hope’ [pictured below] will be docked on Front Street and open to the public from April 13th to April 25th. The all volunteer crew compromises of crew from over 40 countries worldwide. The ship... Read more of this article
Oil Casualty Insurance: Net Income of $125 million
Bermuda based Oil Casualty Insurance Ltd [OCIL] announced a net income of $125 million at its Annual General Meeting of Shareholders on March 25th, 2010 at the Fairmont Southampton Hotel in Bermuda. OCIL experienced net underwriting income of $18 million for the year and net investment gains of $116 million, which were the main contributors to the Company’s... Read more of this article
Audio: Minister Paula Cox Interview with BBC
Scroll down to listen to a podcast from London-based BBC Business Daily featuring Deputy Premier and Minister of Finance Paula Cox. The podcast tackles the subject of tax havens, about which they say “tax havens are sunny places for shady characters”. Minister Cox responds during the interview by stating that “Bermuda doesn’t... Read more of this article
Bermuda Insurance Institute Names Award Winners
The Bermuda Insurance Institute [BII] has announced David Ezekiel, Mike McGavick, and Kirsten Faria as winners of the Insurance Industry Awards. The recipients will be honored at a gala dinner to be held on May 29, 2010 at the Fairmont Hamilton Princess. David Ezekiel The Lifetime Achievement Award recognizes a person who has distinguished his/herself... Read more of this article
BPSU: $1,078 Annual Raise for Civil Servants
Bernews has been informed by reliable sources that the Bermuda Public Services Union [BPSU] membership may have agreed during a meeting this afternoon [Mar 30] to an increase of approximately $1,078 per year for all most grades, working out to an average of 1.5% for a $70,000 annual salary. The existing BPSU contract ran out in September 2009, and... Read more of this article
Guest Workers To Speak English Or Be ‘Returned’
The Minister of Immigration has announced that guest workers in certain categories must be proficient in English or face deportation. Colonel Burch stated that this action was taken after the Department of Immigration received numerous complaints from members of the public, with it being as he termed as “a vexing topic amongst locals“. Colonel... Read more of this article
Visas: Reports of Prostitution & Sham Marriages
Minister of Immigration David Burch has announced that nationals of three countries [Panama, Philippines and the Dominican Republic] will have new visas requirements effective May 01, 2010. Colonel Burch stated the Dominican Republic was added due to complaints of Dominican women being brought in to Bermuda to work as prostitutes. The Immigration Minister... Read more of this article
