Archive for January 12th, 2012
Premier/Ministers To Host Town Halls
Premier Paula Cox, joined by various Government Ministers, will host a series of town hall meetings to discuss the upcoming National Budget. Premier Cox released the Pre-Budget Report last month, which highlights a number of policy options currently under consideration. The Premier said at the time, that she will host a series of town hall meetings... Read more of this article
Photos: Mountain Bike End To End
The 2nd annual Bicycle Works End-to-End Mountain Bike race took place on Sunday in near perfect weather conditions and at another record setting pace despite the 1/3 mile addition of East Shore Road for safety reasons. Forty riders, who represented all of the local cycling teams along with independent fun-seekers, signed up for the challenge. The peloton... Read more of this article
Police Called To Traffic Collisions
The Bermuda Police Service responded to two collisions on the island’s roads yesterday [Jan. 11] Around 5pm on Wednesday, police and first responders attended a reported collision in the area of Middle Road in Warwick, near the junction with Morgan Road. It appears that a car and a motorcycle were travelling along Middle Road when they collided.... Read more of this article
‘Significant Progress’ For Brookfield
Bermuda’s Brookfield Renewable Energy Partners L.P. announced today [Jan.12] that it is increasing its unitholder distributions by three cents to $1.38 a year as the company also moved to increase its wind farm assets in California. The increase in unitholder distributions, taking effect with the first quarter distribution payable in April, marginally... Read more of this article
Race Weekend Traffic Advisories
The City of Hamilton has issued a traffic advisory providing details of changes to traffic flow to support events taking place in the city on evening of Friday [Jan. 13] and Sunday [Jan. 15]. Friday, January 13, 2012 – K.P.M.G Invitational Mile and Bermuda Regiment Musical Display. The following roads will be closed to all vehicular traffic from... Read more of this article
Hamilton Mayor Calls Public Meeting
The City of Hamilton will host a public meeting on the upcoming municipal elections next Tuesday [Jan. 17] starting at 6:00 pm at the Hamilton Seventh Day Adventist Church Hall on King Street. Making the announcement today [Jan. 12] Mayor Charles Gosling said he was inviting all City residents, business owners and the general public to attend the Corporation... Read more of this article
ABIC Chairman Commends Premier
Chairman of the Association of Bermuda International Companies [ABIC] George Hutchings today [Jan. 12] confirmed the business group supports the Premier’s announcement of the Guidelines the Incentives for Job Makers Act. Bermudian insurance executive Mr. Hutchings commended the Premier on the recent “important steps that have been taken to... Read more of this article
Aspen Re CEO On Hardening Market
Only catastrophe-exposed and loss-affected reinsurance contracts experienced any significant upward movement in rates at the January 1 renewals, according to one top Bermuda executive. During a recent conference call, Aspen Re CEO Brian Boornazian said the “insurance and reinsurance markets are starting to accept the need for change,” as the markets... Read more of this article
Bermuda’s Regal Monarch Butterflies
Bermuda boasts a rare native population of non-migratory Monarch Butterflies which researchers believe had become established here by the mid-19th century. But the island also receives occasional visits from migratory North American Monarchs, known for their epic Winter treks across the continent to warm-weather locations in Mexico. The regal Monarch... Read more of this article
Burglar Jailed For Hotel Break-In
42-year-old Stanley Eugene Davis was given a twelve month prison sentence after pleading guilty to a charge of burglary, which involved him breaking into a hotel and getting into a fight with the guest. Mr Davis admitted breaking into a hotel suite at a the Hamilton Princess, which at the time was occupied by an elderly couple from the USA, who had... Read more of this article
Bermuda Firm’s Business Transferred
A.M. Best Co. has today [Jan. 12] withdrawn the financial strength rating of A- [Excellent] and issuer credit rating of “a-” of Bermuda’s Dah Sing Insurance Company Limited [DSI], due to its business being transferred to Hong Kong’s Dah Sing Insurance Company 1976 Limited, an insurer ultimately owned by Dah Sing Financial... Read more of this article
Video: Victims Of Existence New Single
Bermuda artists Victims of Existence this week released the official video for their song “Against All Odds” which draws on a characteristically eclectic range of musical influences. Victims of Existence is made up of Khari Thornhill, John Amaral, and Craig Simons. They have been producing music in Bermuda and internationaly for the past... Read more of this article
