Archive for April, 2012
Coroner: HWP Fire Cause Was Accidental
The Coroner, Mr. Archibald Warner has issued a statement saying the cause of the fire at Holmes Williams Purvey last year was accidental. The statement reads, “The Coroner, Mr. Archibald Warner having reviewed the Bermuda Fire and Rescue Service’s file concerning the investigation into the cause of the fire at Holmes Williams Purvey, 54, St.... Read more of this article
Nicole Stoneham Appointed As 5th Magistrate
His Excellency the Governor Sir Richard Gozney, after consulting with Chief Justice Ian Kawaley, has appointed Bermudian Ms. Nicole Stoneham to be Bermuda’s 5th Magistrate effective April 16, 2012. Ms. Stoneham has served as a Temporary Magistrate sitting in the Family Court for the last two years and her temporary position has now been made permanent. Born... Read more of this article
Nordic American Tankers File 2011 Annual Report
Bermuda based Nordic American Tankers Limited, announced today [Apr.18] that it has filed its 2011 Annual Report on Form 20-F with the United States Securities and Exchange Commission and the report is available for download on the SEC website. The Annual Report on Form 20-F and the Company’s 2011 Annual Report to Shareholders, each of which... Read more of this article
Ashley Berry Sets Two Personal Best Times
Ashley Berry competed in two events recently which saw her achieve personal best times in two events. During the Duke Invitational, held at the campus over the April 6-7 weekend, Berry finished 8th in the 3000m clocking a Personal Best time of 10.08:20. Over 2,500 participants from over 50 institutions were scheduled to compete at Wallace Wade Stadium. Berry... Read more of this article
AXIS Capital Announces Management Transitions
AXIS Capital Holdings Limited yesterday [Apr.17] announced the details of management transitions in AXIS Re, which will become effective over the balance of the year. At the end of this year, Karl Mayr [Pictured left], currently CEO and President of AXIS Re Europe, reporting to Jay Nichols, CEO of AXIS Re, will retire as CEO of AXIS Re Europe and assume... Read more of this article
Court Bail Conditions: Must Not Get Drunk
46-year-old Kenneth Elroy Williams, who described himself as a ‘handyman’, was yesterday [Apr.17] ordered to not consume any alcohol or use any illegal drugs whilst he is on $2,000 bail, with one Surety, while he awaits trial on four counts involving alleged damaging of property, uttering threatening words, and possessing an offensive weapon... Read more of this article
Public Meeting On Court Street Lot Development
The City of Hamilton today [Apr.18] announced it will hold a town hall meeting on Thursday April 19 at 12noon. The meeting will take place at Emmanual Baptist Church Hall, 35 Dundonald Street. Making the announcement was Mayor of Hamilton, Charles Gosling, who stated, “Last week we announced the City had purchased the lot on the corner of Court and... Read more of this article
Teekay Completes Norwegian Bond Issuance
Bermuda registered Teekay LNG Partners L.P. announced yesterday [Apr.17] that it has issued NOK 700 million in senior unsecured bonds maturing in May 2017 in the Norwegian bond market. The aggregate principal amount of the bonds is equivalent to approximately 120 million U.S. dollars and all interest and principal payments will be swapped into USD.... Read more of this article
RIMS Convention & Exhibition In High Gear
The 50th Annual Risk and Insurance Management Society [RIMS] Convention & Exhibition under the umbrella, “50 Years Making Connections” began in earnest on Monday [Apr.16] with registrants from across the globe making their way to the convention floor. In addition to hundreds of exhibitors, numerous sessions offered at RIMS included, Excellence... Read more of this article
Man Receives 15 Day Sentence For Assault
After pleading guilty to a charge of assault, Senior Magistrate Archie Warner sent 47-year-old unemployed man Dion Burgess to jail for fifteen days. Around 6:00pm on April 16th, Mr Burgess had assaulted another person by striking him. The victim had greeted Mr Burgess and Mr Burgess had responded by telling the person to move his bike, after which the... Read more of this article
Videos: Karting Association Racing
Bermuda Karting Association Racing continued at the Southside Motor Sports Park Sunday [Apr.15], where spectators enjoyed a beautiful day at the track as karting fielded their biggest field of drivers ever at the Southside Facility. Scott Barnes won all three races in the 125cc Shifter Class. Zanardi Daley won his first ever race in the Junior In-Clone... Read more of this article
RUBiS Donates Fuel To BZS Education Boat
School children will be able to enjoy another year of marine conservation excursions, thanks to RUBiS Energy’s gift of a year’s worth of diesel boat fuel to Bermuda Zoological Society. It’s the second year RUBiS has provided 12 months’ worth of boat fuel to operate Endurance, the environmental education vessel owned and operated by the support... Read more of this article
Assured Guaranty Responds To Moody’s Ratings
Moody’s Investors Service recently published two sets of reports on Assured Guaranty, parent company of Bermuda based subsidiary Assured Guaranty Re Ltd. In the first report, dated March 20, 2012, Moody’s placed the Insurance Financial Strength ratings of Assured Guaranty Municipal Corp. and Assured Guaranty Corp. on review for possible downgrade,... Read more of this article
Upcoming: MSA Alumni Association Fashion Show
The Mt.St. Agnes Alumni Association is sponsoring a fashion show — “Dazzle 2012″ — which will take place on Saturday, April 28th in the MSA Auditorium. The event will raise funds for charity, while showcasing fashions for all ages from A.S. Coopers. The models start from 5-year-old kindergarten students up to and alumni from... Read more of this article
Video/Photos: Carifta Swim Team Arrive Home
The Bermuda National swimming team — and their 12 medals — returned to Bermuda this evening [Apr.17] from the 2012 Carifta Swimming Championships in the Bahamas. A large group of family and friends gathered at the airport to welcome the team home with signs, flags and loud cheers. Acting Sports Minister Zane Desilva, Junior Sports Minister... Read more of this article
Grandmother: ‘I Did Not Give Them Permission’
An 88-year-old grandmother testified in Supreme Court today [Apr.17], telling the jury she did not give her two granddaughters permission to spend the money in her bank accounts. 45-year-old Lorraine Elizabeth Smith and 43-year-old Audra-Ann Bean are presently on trial, accused of stealing approximately half a million dollars from their grandmother. The... Read more of this article
