Archive for July 8th, 2011

Road Closure: Entrance To St. David’s

Road Closure: Entrance To St. David’s

The Ministry of Public Works this evening [July 8] issued an advisory for St. David’s residents advising of a road closure. A Ministry spokesperson said, “A malfunction in a switch at the asphalt plant has resulted in workmen being unable to complete road work on the old road leading into St. David’s as expected.” “As a result,... Read more of this article

Ming, Binns: Sargasso Sea London Meeting

Ming, Binns: Sargasso Sea London Meeting

This coming weekend [July 9/10] the Permanent Secretary of the Ministry of Environment, Planning and Infrastructure Strategy Dr. Derrick Binns and the Director of the Department of Environmental Protection Dr. Frederick Ming will travel to London to participate in an International Maritime Organization [IMO] event, to further advance the causes of the... Read more of this article

Black Widow Spider Found In Grapes

Black Widow Spider Found In Grapes

Today [July 8] the Plant Protection Section at the Department of Environmental Protection confirmed that Black Widow spider was delivered to the government entomologist for identification, after someone found it in imported red grapes that were purchased from a local grocery store. The intercepted spider displayed the classic ‘hour glass’ marking... Read more of this article

17-Yr-Old Arrested After Handbag Snatch

17-Yr-Old Arrested After Handbag Snatch

Police responded to a handbag snatching yesterday [July 7] that occurred on North Shore Road near Coney Island. As a result of the attack, there was a collision between cycles involved. The male visitor sustained minor injuries from the collision and was treated at King Edward Memorial Hospital, and a 17-year-old male was arrested in connection with... Read more of this article

New Fisheries Warden Hotline: 705-FISH

New Fisheries Warden Hotline: 705-FISH

Today [July 8] the Department of Environmental Protection officially launched a new hotline number to provide an easy way for members of the public to contact fisheries wardens and managers. That number is 705-FISH (3474). The number can be used to report suspected prohibited activities like illegal fishing or catching of protected species, to raise... Read more of this article

Alterra: Reduced Collateral Status Approval By NY

Alterra: Reduced Collateral Status Approval By NY

Alterra Capital Holdings Limited announced today [July 8] that the State of New York Insurance Department has approved Alterra Bermuda Limited as an eligible reinsurer for reduced collateral status, which allows lower collateral requirements for non-domestic reinsurers that are highly rated and financially secure. Alterra Bermuda will now be able to... Read more of this article

Minister: Land Policy Review Working Group

Minister: Land Policy Review Working Group

[Updated with video] This morning [July 8] Minister of National Security Wayne Perinchief delivered a statement on the formation of a land policy review working group. The group will review issues including; annual rental value, if the fee of 18% for the purchase by PRC holders be reduced to stimulate the real estate market, can the moratorium on the... Read more of this article

Allied World Q2 Estimated Losses: $65 to $75m

Allied World Q2 Estimated Losses: $65 to $75m

Bermuda based Allied World Assurance Company Holdings announced today [July 8] that it expects to record approximately $65 million to $75 million in catastrophe related losses and loss expenses in the second quarter of 2011. This range is comprised of approximately $40 million to $50 million from second quarter 2011 weather-related events in the United... Read more of this article

Solar Energy: Butterfield To Offer Financing

Solar Energy: Butterfield To Offer Financing

Local company Alternative Energy Systems (AES) today announces it has partnered with The Bank of N.T. Butterfield & Son Limited to offer the island’s first financing deal for customers in Bermuda who wish to install a SunPower photovoltaic (PV) solar energy system at their homes or businesses. For Butterfield mortgage customers, the loan will... Read more of this article

ISL Soccer Breaks 300 Goal Barrier

ISL Soccer Breaks 300 Goal Barrier

The Lindo’s ISL broke the 300 goal barrier for the first time in league history and Cecoy Robinson won the 2011 Lindo’s ISL scoring title, but it was Union Striker Jason Lee who stole the show scoring an ISL record seven goals in G.E.T. Limited Red Division action Thursday night at the National Sports Centre. Lee dominated game one as the Union... Read more of this article