Archive for February 9th, 2011

Reinsurers Praise FASB Decision

Reinsurers Praise FASB Decision

The Group of North American Insurance Enterprises (GNAIE) — an association representing the chief financial officers of major life, property/casualty and reinsurance companies in Bermuda, Canada, and the United States — commended the Financial Accounting Standards Board (FASB) on a decision today [Feb. 9]  to work with the International... Read more of this article

Impressionist Bermuda Painting Stolen

Impressionist Bermuda Painting Stolen

On Tuesday [Feb. 8] Police received a report of an art theft from a Deepwood Drive, Pembroke residence. A Police spokesman said that it appears that sometime between 10am and 12 noon that day, a painting was removed from the home. The painting is called “Villa Monticello, Bermuda” by the American artist Eleanor Abrams. Painted at the historic Flatts... Read more of this article

Two Suspects Arrested After Burglary

Two Suspects Arrested After Burglary

Following a burglary yesterday [Feb 9] in Hamilton parish, the Police arrested two men and also recovered some of the stolen property. The unoccupied home was broken into during the day and cash, electronic items, jewelry and alcohol were stolen. Two suspects, aged 36 and 27, have been arrested in connection with this matter. A Police spokesman said:... Read more of this article

Videos: Bus Strike Over Firing of Employee

Videos: Bus Strike Over Firing of Employee

[Updated] This afternoon [Feb 9] bus drivers have just gone on strike, with BIU President Chris Furbert saying the action was predicated by the firing of a long term employee. The staff member was let go as they allegedly called in sick, and on that same day went to do another part time job within Department of Public Transportation. It was mentioned... Read more of this article

Dame Jennifer: Two More Schools Adopted

Dame Jennifer: Two More Schools Adopted

Education Minister Dame Jennifer Smith announced today [Feb 9] that two more schools have “adopted,” with both Overnight Construction and Greymane Contracting agreeing to sponsor schools – Paget Primary School and Gilbert Institute. Minister Smith said: “Their example of community partnership, where they give both money and time... Read more of this article

Alleged Single Vehicle Collision

Alleged Single Vehicle Collision

Last night Police responded to what they termed an “alleged single vehicle collision.” A Police spokesman said: Around 10:10am on Tuesday, Police responded to a report of an alleged single vehicle collision involving a pedal cyclist in the Harlem Heights Road, Hamilton parish area. Details about the incident are unclear; however the victim,... Read more of this article

Dandy Town To Play Caribbean Champions Cup

Dandy Town To Play Caribbean Champions Cup

The Bermuda Football Association’s Defending Premier Division Champions Dandy Town Hornets will play Defence Force from Trinidad in their first round of the Caribbean Club Champions Cup. CONCACAF held the draw at the Caribbean Football Union headquarters set the first- and second-round pairings for the two-leg, aggregate-goal series. The seven first-round... Read more of this article

February Schedule: Free Employment Workshops

February Schedule: Free Employment Workshops

The Department of Labour and Training’s training schedule and descriptions for February 2011 is below. Classes include: Resume Critique and Development, Interviewing Skills, Short-Term Programs to Get a Better Job, Job Search Strategies, Hospitality Industry Job Preparation Program and more. Workshops are held at The Department of Labour and Training... Read more of this article

Upcoming Forum: Strengthening Our Community

Upcoming Forum: Strengthening Our Community

Sandys 360 today announced they will host a public forum entitled, Strengthening Our Community. The forum will take place on Thursday, February 10 starting at 7:00pm in the Sandys 360 gymnasium. Panelists for the evening will be: Glenn Blakeney, Minister for Youth, Family, Sports and Community Development; Mrs. Martha Dismont, Executive Director... Read more of this article

Butterfield Fulcrum Changing Hands

Butterfield Fulcrum Changing Hands

Fund industry executives Glenn Henderson and Tim Calveley announced today [Feb. 9] that they have partnered with BV Investment Partners, a leading middle market private equity firm, in an agreement to acquire Bermuda fund administrator Butterfield Fulcrum. The Butterfield Fulcrum investment follows their 2009 acquisition of FORS Limited, an independent... Read more of this article

Jakai Harford Up For Mention: Remand Continues

Jakai Harford Up For Mention: Remand Continues

Jakai Harford, wearing an orange prison sweatsuit, and represented by lawyer Craig Attridge, appeared for mention in Magistrates Court this morning [Feb 9], and was further remanded until 07 March 2011. On January 28, 2010 Mr Harford was charged with possession of cocaine with intent to supply $14,900 worth,possession of $5,300 cannabis intent to supply,... Read more of this article

ICC Americas Cricket: Canada Beats Bermuda

ICC Americas Cricket: Canada Beats Bermuda

Bermuda’s Under 19 National Team lost to Canada in their second match of the Pepsi ICC Americas Region Under 19 Americas Division 1 Qualifying Tournament. Kevon Fubler was the top scorer with 18 before being run out, while William White added 12. Maninder Aulakh was the top bowler for Canada with figures of 8.3-1-23-4. In reply Akass Shah scored 52... Read more of this article