Author Archive: Bernews1

It’s “The Great Pumpkin Carver”, Bermuda

Called “The Great Pumpkin Carver” by fans of his Halloween-themed jack-o’-lanterns — who include President Obama, Martha Stewart and Heidi Klum — American artist Ray Villafane was in Bermuda earlier this month to demonstrate how he sculpts his creepy creations. Sousa’s Landscaping Management Co. invited Mr. Villafane... Read more of this article

18-Yr-Old Killed: Police Launch Investigation

[Updated - Police confirm 18-yr-old was killed, and they are treating it as a murder investigation] Bernews unofficially understands the Police have launched an investigation this afternoon [Oct.28] after an incident in the Warwick area. The Police are presently on scene in the Bulkhead Drive area, by Khyber Pass. Details are limited at this time,... Read more of this article

Roban Meets With Telecommunications Carriers

Today the Minister of Environment, Planning and Infrastructure Strategy Walter Roban held a meeting with the Island’s Telecommunications Carriers as well as staff from the Department of Telecommunications regarding upcoming Telecommunications Reform. A statement released by the Ministry said, “In this meeting Minister Roban released both the... Read more of this article

Man Arrested After Queen Street Accident

A 26-year-old man was arrested after being leaving the scene of an accident on Queen Street yesterday afternoon [Oct.27]. A police spokesperson said, “At 12:15 pm on Thursday October 27th, Police responded to a reported road traffic collision on Queen Street in Pembroke between a car and a motorcycle. It appears that both vehicles were travelling... Read more of this article

Two Passengers Die After Bermuda Cruise

Boston police are investigating the deaths of two passengers on a cruise ship which had just returned to the city from a visit to Bermuda. State police and the Federal Bureau of Investigation responded to the Massachusetts city’s Black Falcon Cruise Terminal after the Norwegian Cruise Line ship docked at 6:30 a.m. this morning [Oct. 28]. Police... Read more of this article

Aspen: “Our Diversified Model Is Robust”

Bermuda-based Aspen Insurance Holdings Limited reported net income after tax of $22.2 million or $0.23 per diluted share for the third quarter of 2011. Net income included $55 million or $0.75 per diluted share, of net losses resulting from the natural catastrophe events that occurred during the third quarter of 2011 and increases to loss estimates... Read more of this article

Bermuda Company Named In New Madoff Suit

The trustee liquidating Bernard Madoff’s defunct firm sued Somers Dublin Ltd., an Irish affiliate of HSBC Holdings Plc, along with its Bermuda subsidiary seeking $86.4 million. Trustee Irving Picard said he aims to recover “customer property” from companies that invested with Fairfield Sentry Ltd., a so-called feeder fund that placed money in... Read more of this article

Primus Increases Its Securities Buyback

Bermuda’s Primus Guaranty, Ltd. announced today [Oct. 28] that its board of directors has approved an increase of $25 million in its buyback authorisation to repurchase outstanding common shares and 7% Senior Notes due 2036 from time to time in the open market or in privately negotiated transactions at prices and upon terms approved by management.... Read more of this article

Videos/Results: Day #3 Squash Champs

Yesterday [Oct.27] saw Day #3 of the Rubis Divisional Handicap Squash Tournament at the Bermuda Squash Racquets Association Club in Devonshire. In Division One action Patrick Foster defeated Spencer Moss in five sets 11-9, 2-11, 7-11, 11-4, 11-7, while Micah Franklin defeated D’Vario Thompson in five sets 11-9, 9-11, 11-9, 3-11, 11-7. In Division... Read more of this article

Minor Flooding: Airport Car Park

The Department of Airport Operations advised that, due to extremely high tides, there has been some minor flooding in the Long Term Parking Facility at the LF Wade International Airport. The statement issued said, “Several cars in the facility were affected by water rising as high as the axle on some vehicles. As a result of the flooding Airport... Read more of this article

Bermuda Debunks Film’s Conspiracy Theory

The historical conspiracy theory offered up in a Hollywood blockbuster opening today [Oct.28] — namely, that William Shakespeare’s plays were actually written by the Earl of Oxford — can be disproved by one stubborn fact: the 1609 “Sea Venture” wreck in Bermuda. Director Roland Emmerich’s “Anonymous” is... Read more of this article

Aspen Partners With V3 On New Programme

The US subsidiary of Bermuda-based Aspen Insurance Holdings Ltd. has entered into a strategic alliance with V3 Insurance Partners LLC, a managing general underwriting agency, to offer a miscellaneous professional liability and optional premises liability programme available in all 50 states. Designed for professional services firms with under $15 million... Read more of this article