Author Archive: Bernews1

Opinion: Colonel Burch On The Economy

[Written by Lt.Col. David Burch] Somerset lost. Truth. The fan in me is disappointed in that – but the bigger picture thinker I hope I am – is pleased that Cup Match provided a result. After all, that’s what matters most, results. So, unlike St. George’s victory this year, my op-ed “thing” isn’t a fluke. I’m back. This time it’s... Read more of this article

Montpelier Re Declares Quarterly Dividend

The Board of Directors of Bermuda-based Montpelier Re Holdings Ltd. has declared a quarterly dividend of $0.10 per Common Share and $0.554688 per 8.875% Non-Cumulative Preferred Share, Series A. The dividends are payable on or before October 15, 2011 to all of the shareholders of record as of September 30, 2011. Related Stories Montpelier Declares... Read more of this article

Cayman Intend To Suspend Term Limits

[Updated with Premier Cox's comments] Cayman Islands Premier McKeeva Bush said Wednesday [Sept.14] that he would ask Cabinet to temporarily suspend Cayman’s term limit on foreign workers’ residency. Mr. Bush said the proposal would be to suspend the term-limit requirements for up to two years to allow for a comprehensive review of the policy. A... Read more of this article

Bermuda-born Dolphin Dies After Accident

On Monday [Sept.12], Nea – a four-year-old dolphin born in Bermuda – died after colliding with another dolphin at a Chicago Zoo. Fox Chicago reports that, “No one saw what happened, but her trainers heard a loud pop and jumped into the water. They found Nea unresponsive and attempted CPR. Veterinary staff arrived within 10 minutes... Read more of this article

Photos: Weather Conditions/Tropical Storm Maria

Tropical Storm Maria passed by Bermuda today [Sept.15], with its closest point of approach at approximately 1pm when it was 101 nautical miles to the west north-west carrying maximum sustained winds of 65mph. After passing its closest point to Bermuda, Maria was upgraded to a Category 1 hurricane. You can view a photo gallery of a tree crashed into... Read more of this article

Photos: Tree Crashes On St George’s Roof

At approximately 4:30pm this afternoon [Sept.15] a tree crashed into the roof of a beauty salon in the Tiger Bay, St George’s area. Cheveux nail technician Shakirah Brangman was inside the building when the tree fell. She described hearing a loud crashing sound that sounded like lightening had struck the building. She went outside to check and... Read more of this article

Burt To Receive GWBAA IMPACT Award

Senator David Burt will be honoured by the George Washington University Black Alumni Association [GWBAA] during their IMPACT Awards on Saturday, September 17. The GWBAA IMPACT Award is given to “black alumni who have demonstrated a history of commitment to the George Washington University and/or whose contribution and influence has made a significant... Read more of this article

A.M. Best Affirms Colonial’s Ratings

A.M. Best Co. has affirmed the financial strength ratings of A- (Excellent) and issuer credit ratings of “a-” of the life/health and property/casualty operating subsidiaries of Colonial Group International Limited (Colonial Group). The outlook for all ratings is stable. Colonial Group is a wholly owned intermediate holding company of Edmund... Read more of this article

Diane Gordon Leaves Chamber of Commerce

The Bermuda Chamber of Commerce announced today [Sept.15] that executive director Diane Gordon is no longer employed by the Chamber of Commerce. Chamber president Stephen Todd said, “Mrs Gordon, who energetically led the Chamber’s business functions for 11 years, was the public face of this organisation, and a highly visible member of the community,... Read more of this article

Minister Meets Space Industry Executives

Minister of Environment, Planning and Infrastructure Strategy Walter Roban met this week in Paris with space industry executives. In meetings with international network operators [including SES, Iridium, International Launch Services], industry associations and members of the financial community who invest in the space sector, Minister Roban outlined... Read more of this article

Wednesday Night Racing Season Ends

The season came to an end yesterday [Sept.14] after 20 Wednesday nights of yacht racing in the Harbour and Great Sound, with a race featuring crews and boats decked out in fancy dress. Despite the threat of TS Maria, 23 boats turned out in the rain for a great evening’s sail, followed by the final prize-giving at the Dinghy Club. After 20 races for... Read more of this article

$2,000 Fine: Offensive Words/Obstructing Police

After pleading not guilty at an earlier appearance, St George’s resident Keijon Steede, who said that he was a painter, appeared in Magistrates Court this morning [Sept.15] for trial, changed his plea to guilty, and was hit with a $2,000 fine. Mr Steede was charged with two counts. Count one was using offensive words and Count two was obstructing... Read more of this article