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Director of troubled state health exchange took break for tropical vacation [in Cayman]

By Erin Cox, The Baltimore Sun As legislators pressed for answers about troubled web site, Pearce was in Cayman Islands As lawmakers grilled Maryland’s health secretary last week on why the state’s troubled health exchange was still broken, the official…

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Advantage Insurance completes recapitalization and expands board of directors

GRAND CAYMAN, Cayman Islands, December 3, 2013:  Advantage Insurance Holdings Ltd. (“Advantage”), a leader in customized insurance solutions for businesses and individuals, announced today that it has completed a recapitalization transaction and that Tom Hutton, Bruce Shewmaker and Gary Witherspoon…

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Barbados most transparent and least corrupt country in Caribbean – Transparency International

From The Habarinetwork Barbados is among the least corrupt countries in the world according to the latest figures released by the German-based Transparency International (TI) on Tuesday. According to Transparency International, Barbados heads the Caribbean Community (CARICOM) countries on the…

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HMRC to improve systems to cope with information exchanges

by Calum Fuller From Accountancy Age HM Revenue & Customs is to upgrade its offshore evasion strategy, in order to cope with data it receives from overseas territories and Crown dependencies signed up to tax information exchange deals. The government…

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Hsieh seeks $500M from Chinese data firm [in Cayman] – “main revenue is fraud”

By Cameron Langford From Courthouse News Service MARSHALL, Texas (CN) – The Chinese data security firm NQ Mobile concealed that its main product is “actually spyware,” and its market value fell by $500 million on the news, a shareholder claims…

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The Editor Speaks: Should medical ganga be made legal?

A Jamaican doctor and MP says “No! ”Local Architect Burns Conolly has launched a Facebook page “Cannabis Cayman” (https://www.facebook.com/pages/Cannabis-Cayman/387431518026551) “To bring awareness of the medicinal benefits of Cannabis to the Cayman Islands and to promote its legalization for medicinal uses.”…

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Vehicle collision left one injured

At approximately 8.10pm December 4th, police and other emergency services were called to the scene of a two vehicle collision on Red Bay Road vicinity of Red Bay Primary School in George Town. The collision involved a Toyota highlander and…

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Young pawn shop robber sentenced

Aaron McLaughlin (21) received his sentencing on Tuesday (3) by Justice Charles Quin after pleading guilty to robbing the Cashwiz pawn shop in Bodden Town. McLaughlin received four years for the robbery and three years for possession of an imitation…

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High time to decriminalise ganja

By Norris McDonald From The Gleaner Medical marijuana is now a growing industry in the United States (US) and that country’s Attorney General Eric Holder has said the federal government will no longer attempt to fight the 20 states that,…

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Walkers launches new AIFMD online resource for Fund Managers

DUBLIN–(BUSINESS WIRE)–Leading international financial law firm Walkers is pleased to announce the launch of its AIFMD Centre, which acts as a central resource of information relevant to the Alternative Investment Fund Managers Directive (AIFMD) – the most significant piece of…