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'...
Massachusetts Senator Dianne Wilkerson said there is `something very, very fishy going on here. You don't do this if you have nothing to hide. My gut tells me it is so bad they don't want any of these...
to Texas have filed suit against the firm.
Peter G. Leighton, who together with Israel resident Jeremy T. G. Posner, resigned as directors of Intelect Communications Systems Ltd. last week, has now fi...
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 (E...
energy business is being run through a new Zurich Insurance Co. branch, the Zurich Insurance Group said this week.
The new agency will provide energy companies with access to large-scale capacity and ...
The Bermuda Foundation for Insurance Studies (BFIS) may reach its $7.5-million fund-raising target by the end of the year -- a mere eight months after the scheme's launch.
And BFIS chairman and chairm...
Four years after joint liquidators began implementing a court-sanctioned scheme of arrangement for Mentor Insurance Ltd. (in liquidation), they have declared another five cents on the dollar in divide...
(BUEI) have surged to $18 million.
But BUEI chiefs didn't bat an eyelash in comparing the real cost with the initial $10-million scheme. The concept has evolved into a much more sophisticated project ...
New legislation before the Senate, together with more staff for the Department of Telecommunications will make the process by which long distance carriers apply to the authorities to lower rates, less...
Lawyers yesterday filed final briefs with a trial court judge in Superior Court in Massachusetts, who will decide if reinsurers can proceed with an application for judicial review of the state insuran...
