Author Archive: Bernews1

Energy Nationalization Rumours Refuted

The Minister of Environment, Planning and Infrastructure Strategy Marc Bean issued a statement refuting any rumours that his Ministry has any plans to Nationalize Bermuda’s Energy Utility. The Minister’s statement follows yesterday’s newscast on VSB which reported that some sources are suggesting that Government is seeking to Nationalize the Energy... Read more of this article

Tonight: Public Meeting On Price Control

The Price Control Commission will host a public meeting at St. Paul’s AME Church Centennial Hall in Hamilton at 7pm this evening [Mar.20]. Panellists at tonight’s meeting include Lindos owner Giorgio Zanol, Ed Sousa from Butterfield and Vallis, Claudette Fleming from Age Concern, a guest economist and PCC Chair, Lucia Peniston. The aim of the meeting... Read more of this article

Allied World US Appoints Susan Chmieleski

Allied World Assurance Company Holdings, AG announced today that Susan Chmieleski has been appointed President, Professional Lines for Allied World U.S. In this role she will be responsible for the production and profitability of all departments underwriting directors & officers liability, errors & omissions liability and medical malpractice... Read more of this article

Videos: Vintage 1930s Bermuda Travel Film

More vintage home movie footage of Bermuda in the pre-World War Two [1939-1945] era has been restored and posted online by Nova Scotia’s provincial archives. The scenic 1933 footage was taken during a holiday trip to Bermuda, Bahamas and Jamaica. The newly posted footage was shot by John B. Porter (1861-1943), a mining engineer and amateur filmmaker,... Read more of this article

BIFF Announces ‘Best Of Fest’ Showcase

The “Best of the Fest” lineup, which will be screened on Thursday [Mar. 22], the final day of the 15 annual Bermuda International Film Festival, has been reserved for the week’s most popular films, some of which were sell-outs, in order to give the public another opportunity to see them. The programme includes a special presentation of... Read more of this article

ESPN: Next-Gen Leverock Set To Take Over

Bermuda’s Kamau Leverock has been featured on the website of ESPN STAR Sports, a major international sports site owned by ESPN and News Corporation. “Five years after a sensational catch by Dwayne Leverock stunned the world, another one from the family is ready to inspire Bermuda,” reported ESPNstar,com “As one of the iconic... Read more of this article

Videos: 2012 KPMG Round The Grounds Race

Hundreds of spectators turned out to witness the KPMG Round the Grounds Races that took place on Sunday [Mar.18] at the Botanical Gardens, with youngsters of various ages taking to the course in search of victory. The afternoon consisted of races split up into age groups ranging from four year olds up to eighteen year olds. All participants ran the... Read more of this article

Victor Scott PTA President: “We Will Fight”

Reacting to the recent news of school principal transfers, Victor Scott PTA President Azuhaa Coleman said they “will fight for their future, and will not stop until Ms. Williams gets a note stating her transfer has been canceled.” Earlier this week Education Minister Dame Jennifer Smith released details concerning the four school principals... Read more of this article

OneBeacon Appoints Phillips As SVP

Bermuda-based OneBeacon Insurance Group, Ltd. today [Mar. 19] announced the appointment of Maureen A. Phillips as Senior Vice President and General Counsel reporting to President and CEO Mike Miller. Ms Phillips succeeds Brad Rich in this role, who will continue with the company through year end, at which time he will retire. Said CEO Mike Miller,... Read more of this article

Bermuda Insurer Backs Mermaid Deposit

Australia’s Mermaid Marine, accused of failing to assist oil workers left floundering in open seas during a hurricane off the coast of Mexico, has put almost $22 million backed by a Bermuda shipping insurer in a trust account with a US court. The deposit of the sum, backed entirely by a Standard Steamship Owners’ Protection and Indemnity... Read more of this article

TransAtlantic Signs Agreement With Shell

Bermuda-based TransAtlantic Petroleum Ltd. today [Mar. 20] announced it has signed an agreement with Shell Upstream Turkey BV pursuant to which Shell will co-fund a 2012 TransAtlantic program to collect 1,000 kilometers of 2D seismic data and approximately 8,000 kilometers of airborne gravity gradiometry and magnetic data in Turkey’s Sivas Basin,... Read more of this article

India Sending Tax Officers To Offshore Centres

India — which signed a pact with Bermuda in 2010 to facilitate the exhange of information between the two countries on tax evasion — is planning a major crackdown on citizens who abuse offshore financial centres. New Delhi yesterday [Mar. 19] announced tax officers will be posted in offshore financial centres to spot suspicious transactions... Read more of this article