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Since the tragic accident in St. George's last summer that claimed the life of a male visitor, Government has produced a code of practice for parasailing companies. And the code has won the support of veteran parasailing operator Phillip (Phoopa) And...

Morgan's Point has dismissed concerns that the developers are having any problems raising money. Robert Davies, managing director of Renaissance Resorts International Ltd. and CEO of Morgan's Harbour Investments Ltd., conceded that rumours may have s...

in Atlanta was capped off when the city's mayor declared Thursday as Pamela F. Gordon Day. The proclamation was hand delivered on Thursday night to Premier Gordon during a tourism reception held at the Ritz Carlton Hotel. The presentation was made by...

million last year to $141 million, when compared to the more heavily regulated exchange control era of 1993. But the Bermuda Monetary Authority (BMA) believes that is an acceptable level of currency drain and officials point to the substantial gains ...

A US article that criticises last July's amendments to the Companies Act has been called "a scurrilous piece'' by a leading local lawyer. The article, headlined "Bermuda makes it tougher on creditors'', appeared in a new Miami-based publication "Offs...

A leading insurance trade publication has now pointed an accusatory finger at the Bermuda Government in the controversy surrounding General Electric Company's (GE) Bermuda-domiciled insurer, EMLICO (Electric Mutual Liability Insurance Co.). Business ...

Bermuda resident US taxpayers will for the first time in many years have no opportunity to meet an IRS representative at the US Consulate General to assist them in the filing of their tax returns. The Consulate said on Friday that budget cuts were to...

The Court of Appeals on Monday allowed an appeal and set aside the judgment won against Caliban Holdings Ltd. by former employee Vanessa Thomas. Mrs. Thomas commented yesterday that she was disappointed but that it didn't change her strategy in this ...

Opposing sides in the ongoing dispute over Electric Mutual Liability Insurance Co. (EMLICO) are at odds over the meaning of last week's Supreme Court ruling over costs. Puisne Judge Richard Ground ruled that Kemper Reinsurance must reimburse the esta...

reinsurer which alleged fraud against General Electric Co. (GE) and their insurer, Bermuda-based Electric Mutual Liability Insurance Co. (EMLICO), must pay legal costs for GE and EMLICO. That is the legal opinion of manager of Appleby, Spurling & Kem...