NEW YORK (Bloomberg) - American International Group Inc. (AIG), recipient of a $182.3 billion US government rescue, agreed to pay $450 million to rivals to settle claims it shortchanged industry-funded pools that insure injured workers.
Travelers Cos...
DATE: Jan 10, 2011 | CATEGORY: International Business |
Staunch independence supporter Alex Scott concedes now is not the time to push for a split with the UK as Bermuda gets to grips with its economic, crime and social problems.
But Mr Scott believes Premier Paula Cox will have enough trust from the publ...
DATE: Jan 06, 2011 | CATEGORY: Politics | AUTHOR: Tim Smith
The United Nations General Assembly has expressed its regret over Bermuda's lack of public meetings and Parliamentary debates on independence.
The Assembly has adopted a resolution calling for discussion on the issue, noting the Island's political pa...
DATE: Jan 05, 2011 | CATEGORY: Politics | AUTHOR: Tim Smith
The United Nations General Assembly has expressed its regret over Bermuda's lack of public meetings and Parliamentary debates on Independence.
The Assembly has adopted a resolution underlining the need for discussion on the issue, noting the Island's...
DATE: Jan 03, 2011 | CATEGORY: Other | AUTHOR: Tim Smith
Law firm staff members have donated more than $11,000 to charities and community initiatives.
Conyers Dill & Pearman staff dug into their own pockets to spread a bit of holiday cheer in time for Christmas.
Conyers donated to the Aerie Foundation in ...
In the second of our three-part series looking at Bermuda’s political parties as 2010 comes to an end, the United Bermuda Party’s new recruit Montell Currin explains to Tim Smith why he was nervous telling his grandmother he was signing up with the o...
DATE: Dec 29, 2010 | CATEGORY: Politics | AUTHOR: Tim Smith
Government's plans to review the Civil Service for the first time in more than a decade is welcome news.
There's much to commend in the Civil Service and its traditional values, especially its apolitical position and the expertise that the best civi...
During a rainstorm in Washington in early 2009, amid the furore over Wall Street's post-bailout bonuses, an American International Group employee pulled out an umbrella that had the insurer's name on it.
“Somebody came by, grabbed the umbrella and br...
DATE: Dec 22, 2010 | CATEGORY: International Business |
Earlier this week, Evan Greenberg, the chief executive officer of Ace, urged Government not to treat business as “the source of evil”.
Those were tough words, and something of an exaggeration, but for all of that, they certainly reflect a feeling amo...
Earlier this week, Evan Greenberg, the chief executive officer of Ace, urged Government not to treat business as “the source of evil”.
Those were tough words, and something of an exaggeration, but for all of that, they certainly reflect a feeling amo...
