Bermuda Pulse

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Allshores’ announcement that it will buy back up to $20 million of its own shares has prompted calls for insurance premium rates to be regulated. The company also booked a tax credit for a similar amount.Michael Fahy says the Government's plan to bring in pay transparency legislation comes as similar rules are spreading in other jurisdictions. He argues that clearer salary ranges and open pay bands can expose unfairness, build trust and reduce unexplained pay gaps.The Bermuda Stock Exchange finished lower on June 23, with the index closing at 3,700.50, down 0.13% on the day. Trading totalled 3,000 shares worth $75,030.00.Bermuda weather: Today: Plenty of sunshine, chance of an afternoon shower... Tonight: Variable cloud with a shower or two around...Bermudian rugby prospect Jamin Hodgkins' debut season in Australia has ended early because of a persistent groin and hip injury.The Ministry of Justice has acknowledged concerns about recruitment, retention and staffing pressures in Bermuda's justice system.The Bermuda Stock Exchange Index closed lower on Jun 23, falling 4.70 points to 3,700.50.Bermuda weather: Today: Long spells of sunshine despite a couple passing showers... Tonight: Partly cloudy with a shower or two during the evening...The second annual Bermuda National Youth Beach Volleyball Championships brought about 60 young athletes into competition in difficult wind conditions. Winds gusting above 25 knots tested players across three age brackets, but the level of tactical play remained high throughout the tournament.Bermuda’s Under-17 and Under-19 national basketball teams will represent the island at the 2026 Portugal Basketball Festival in Lisbon on June 27 and 28. The event is described as one of Europe’s premier international youth basketball tournaments and will bring together teams from around the world.BREAKING: The murder trial of Devon Hewey was delayed after he was involved in a road traffic incident, the Supreme Court heard yesterday.Citizens Property Insurance Corporation said the reinsurance coverage it bought this year cost nearly 30 per cent less than last year. The lower cost is a notable shift for the insurer, which relies on reinsurance to help cover hurricane and other catastrophe losses.Two men were arrested last night after a Father’s Day fight left two people injured.The Bermuda Stock Exchange Index closed higher on Jun 22, rising 14.69 points to 3,705.20. The index is up 34.82 points for the week.A letter TNN’s Trevor Lindsay sent to Governor Andrew Murdoch in November 2025 has resurfaced and is now circulating publicly.Thomas McBain remained Bermuda’s leading sailor after day two of the 2026 Optimist World Championship in Tanger Bay, sitting 32nd overall with 59 points. The Bermudian fleet raced three times in stronger Atlantic breezes after a weather-hit opening day in Morocco.Bermudian harness racing driver Kiwon Waldron posted two mid-pack finishes during a demanding multi-class card at Harrah’s Hoosier Park in Indiana. He drove Odds On Candy to fourth in Race 1 on the seven-eighths-mile dirt oval, clocking 1:55.3 in the Pace Class.WEATHER ALERT: Sunny spells developing after a possible stray shower. High near 28°C/83°F.Heavy rain completely washed out the opening day of the ICC Men’s T20 World Cup Americas Sub-Regional Qualifier A at the National Sports Center North Field. Panama and Belize were abandoned without a ball being bowled, while Bermuda’s match against the Bahamas was halted after 2.3 overs.Bermuda's Adam Hall delivered a standout performance as the Winnipeg Goldeyes beat the Lincoln Saltdogs 11-8 at Blue Cross Park. He finished with two doubles and a triple, driving in three runs as Winnipeg won its third straight game.WEATHER ALERT: Remaining quite cloudy with a couple of lingering showers. Low near 24°C/75°F.Minister of Public Works and Environment Jache Adams’ May 2025 trip to St. Kitts cost $3,040.90, and his June 2025 trip to Nice, France cost $11,066.75.Questions are being raised about why Bermuda road crews are paving some stretches while other roads described as dangerous remain unrepaired.WEATHER ALERT: Cloudy with occasional rain or showers, chance of thunder. Gusty winds are expected. High near 27°C/80°F.