Archive for December 29th, 2010
Bermuda Insurance Denied To Iran Ships
Increasingly tough international sanctions are taking their toll on Iran’s nuclear designs and its ballistic missile programme – including the fact Bermuda-based re/insurers are now refusing to provide coverage for the regime’s ships. The “Wall Street Journal” reports today [Dec. 29] new measures announced by the US Treasury will... Read more of this article
Holiday Sports Videos: Football & Motocross
This past long weekend saw the St. George’s Colts beat St David’s 6-1, Dandy Town Hornets beat North Village Rams 3-2, Somerset Trojans beat PHC Zebras 4-3, Bermuda’s U20 World Cup qualifying team lose against Long Island Rough Riders, the 2010/11 Bermuda Motocross Season got underway and much more. Watch video footage from four events this past... Read more of this article
Dominicans to Search for Missing Boat
Officials have confirmed with Bernews that as of this morning [Dec 29] a vessel from the Dominican Republic Navy division will set out to search for “Carefree IV”, which has two Bermudian crew members aboard. The 31-foot yacht left the Dominican Republic on December 1 and had been due to arrive in Bermuda before Christmas. Local officials have previously... Read more of this article
Meadowbrook Rating Affirmed
Meadowbrook Insurance Group, Inc. announced today (Dec. 27) the affirmation of A.M. Best Company’s financial strength rating of “A- “(Excellent) and its subsidiary insurance companies including the Bermuda-based Meadowbrook Risk Management Limited. Ratings agency Best also affirmed the issuer credit rating for Meadowbrook of “bbb-”... Read more of this article
