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Assured Guaranty To Acquire BlueMountain

Assured Guaranty – a publicly traded Bermuda-based holding company — has entered into an agreement to purchase all of the outstanding equity interests in BlueMountain Capital Management, LLC  and its associated entities for a purchase price of approximately $160 million, subject to certain adjustments. BlueMountain is an alternative asset management firm with $19.3 billion in assets […]

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Arch To Acquire Ventus Risk Management

Arch Insurance North America [Arch] announced it has entered into a definitive agreement to acquire Ventus Risk Management [Ventus], a technology and analytics-driven managing general underwriter [MGU] that specializes in providing coastal commercial property insurance solutions to small and mid-sized enterprises. Ventus was founded in 2016, with the aim of using its proprietary technology to […]

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Monument Re Completes Acquisition Of Inora Life

Monument Re announced that it has, through its European subsidiary Laguna Life d.a.c, completed the acquisition of Inora Life DAC from Societe Generale following receipt of regulatory approval from the Central Bank of Ireland. Monument Re Limited is a Class E reinsurer and Holding Company subject to Group Supervision by the Bermuda Monetary Authority. Monument […]

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Artex To Acquire Horseshoe Insurance

Artex Risk Solutions announced that it has reached agreement to acquire Horseshoe Insurance Services Holdings Ltd., significantly strengthening its insurance-linked securities [ILS] operations. The transaction is subject to regulatory approval and expected to complete before the end of the year. Horseshoe specializes in providing insurance management, fund administration, advisory and corporate services to insurance-linked securities […]

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Carlyle Group, T&D Acquire 76% Of Fortitude

American International Group, Inc., The Carlyle Group and T&D Holdings announced that a newly created Carlyle-managed fund, together with T&D, have partnered to acquire from AIG a 76.6 percent ownership interest in Fortitude Group Holdings, whose group companies operate as Fortitude Re, for approximately $1.8 billion. “After closing, ownership interests in Fortitude Re will include […]

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Monument Re Acquires Cattolica Life

Monument Re announced that, subject to regulatory approval, it has acquired Cattolica Life DAC from Cattolica Assicurazioni. Cattolica Life is a life insurer domiciled in Ireland which ceased new activity since 2017. The transaction will have no impact on Cattolica Life DAC clients and policyholders. Change of control of the company will follow satisfaction of […]

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Randall & Quilter Acquires Barbados Insurer

Randall & Quilter Investment Holdings Ltd. [R&Q] announced that its wholly-owned subsidiary R&Q Re [Bermuda] Limited has completed the acquisition of the Barbados insurer, Distinguished Re Ltd, formerly known as the Saranac Insurance Company, Ltd., a wholly owned subsidiary of Distinguished LLC. A spokesperson said, “Distinguished Re participated as a reinsurer of the capacity providers on […]

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R&Q Acquires Vigneron Insurance Company

Randall & Quilter Investment Holdings Ltd. [R&Q] has acquired the Montana captive insurer, Vigneron Insurance Company Inc. [VICI] from a wholly owned private investment holding company. “VICI underwrote deductible reimbursement policies to cover the obligations under insurance policies taken out by affiliated entities,” the company said. R&Q intends to merge VICI into R&Q’s Vermont captive consolidator […]

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EXOR In ‘Discussions’ Over Possible Acquisition

EXOR has confirmed that it has “entered into exclusive discussions” regarding a possible acquisition of PartnerRe. A statement on their website said, “EXOR confirms that it has entered into exclusive discussions with Covéa regarding a possible all-cash acquisition of PartnerRe. “These discussions are ongoing and there is no certainty that they will result in a […]

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Monument Re Acquires GreyCastle Holdings

Monument Re announced that it has signed an agreement to acquire GreyCastle Holdings Ltd and its subsidiaries, which include GreyCastle Life Reinsurance [SAC] Ltd and GreyCastle Services, from the shareholders of GreyCastle Holdings Ltd. A spokesperson said, “Monument Re announced today that, subject to regulatory approval, it has signed an agreement to acquire GreyCastle Holdings […]

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Peak Re Complete Lutece Holdings Acquisition

Peak Reinsurance Company Limited today [May 5] announced that it has completed the 100% acquisition of the capital of Lutece Holdings Ltd. A spokesperson said, “Peak Reinsurance Company Limited, a Hong Kong-based global reinsurer, today announced that it has completed the 100% acquisition of the capital of Lutece Holdings Ltd. [renamed as Peak Capital Holdings […]

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Burgess And Rogers Found Guilty Of Murder

Following a Supreme Court trial, Katrina Burgess and Cleveland Rogers were found guilty of the 2006 premeditated murder of Marcus Gibbings. Detective Chief Inspector Arthur Glasford said, “I thought it would be fitting to give a brief comment in relation to the proceedings in the court trial surrounding the murder, premeditated murder, of Marcus Gibbings. […]

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Guidebook for Assessing Collaborative Planning Efforts Among Airport and Public Planning Agencies

Public-use airports, metropolitan planning organizations (MPOs), and local land-use/ transportation planning agencies all have independent yet interrelated planning processes bound by legal and policy requirements to ensure compatibility. This means that they should work cooperatively to solve joint transportation challenges in the most effective and efficient manner. The TRB Airport Cooperative Research Program's ACRP Research Report 216: Guidebook for Assessing Collaborative Planning Efforts Among Airp...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_216a

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Evaluating the Suitability of Roadway Corridors for Use by Monarch Butterflies

The charismatic and familiar monarch butterfly serves as a flagship species for pollinator conservation, and gives rights-of-way entities opportunities to engage a diverse array of stakeholders who are invested in not only restoring monarch numbers to sustainable levels, but also mitigating many other environmental and economic issues. This pre-publication draft of the TRB National Cooperative Highway Research Program's NCHRP Research Report 942 Pre-Pub: Evaluating the Suitability of Roadway Corridors fo...



  • http://www.trb.org/Resource.ashx?sn=cover_nchrp_rr_942

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Highway Capacity Manual, Sixth Edition: A Guide for Multimodal Mobility Analysis

Now available to order from the TRB Bookstore, the Highway Capacity Manual, Sixth Edition: A Guide for Multimodal Mobility Analysis (HCM) provides methods for quantifying highway capacity. In its current form, it serves as a fundamental reference on concepts, performance measures, and analysis techniques for evaluating the multimodal operation of streets, highways, freeways, and off-street pathways. The Sixth Edition incorporates the latest research on highway capacity, quality of service, Active Traffic...



  • http://www.trb.org/Resource.ashx?sn=HCM6cover

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Buy America Requirements for Federal Highway Projects

The Federal Highway Administration's “Buy America Act” requires federally funded highway projects to use only steel, iron, and manufactured products produced in the United States. The TRB National Cooperative Highway Research Program's NCHRP LRD 80: Buy America Requirements for Federal Highway Projects summarizes the intent and application of the provision. It also summarizes the procedure that FHWA has implemented for granting waivers and the impact that court interpretation of such waivers has had on t...



  • http://www.trb.org/Resource.ashx?sn=cover_nchrp_lrd_80a

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Benefit–Cost Analyses Guidebook for Airport Stormwater

Many airports undertake stormwater projects to accommodate facility expansion, address obsolescence, and respond to evolving regulatory requirements. Often, stormwater infrastructure is installed or upgraded on a project-by-project and piecemeal basis, resulting in mismatches of sizes, material types, ages, and conditions. When airports are considering expanding or improving their stormwater facilities, the immediate need for stormwater infrastructure modification may not be clear, and a benefit–cost ana...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_208

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Guidebook on Effective Land Use Compatibility Planning Strategies for General Aviation Airports

Incompatible land uses can threaten the safe utility of airports and expose people living and working nearby to potentially unacceptable levels of noise or safety risk. At the state level, all 50 states have enacted some form of airport zoning legislation since the 1950s. The majority of states (90 percent) have enacted laws mandating or enabling local governments to adopt, administer, and enforce airport zoning regulations. The TRB Airport Cooperative Research Program's ACRP Research Report 206: Guidebo...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_206

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RFP: Homelessness: A Guide for Public Transportation

TRB's Transit Cooperative Research Program (TCRP) has issued a request for proposals to develop a guide for public transportation agencies and concerned stakeholders on effective approaches and best practices that are responsive to people who are experiencing homelessness. This project is intended to help public transportation agencies preserve the quality of their services and facilities, while respecting the rights and mobility needs of people experiencing homelessness, including the need for safe plac...




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Seven Cruises To Bermuda Now Suspended

“Seven cruises scheduled to travel to Bermuda have effectively been suspended,” the Ministry said this evening. A Government spokesperson said, “Today, the Ministry of Tourism and Transport received confirmation that Norwegian Cruise Lines [NCL], Royal Caribbean Cruise Lines [RCCL] and Ponant Cruises for the Le Boreal ship have suspended cruises. “Following the announcement that NCL […]

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Bermuda Denies Request To Berth Cruise Ships

The Ministry of Tourism and Transport confirmed they denied a recent request for permission to three cruise ships, saying that while Bermuda values the relationship with cruise ship partners, in considering the “risk of COVID-19 to Bermuda, we must put the interest of our country and her people above all else.” This follows after an overseas […]

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Covid-19: Submit Your Business For BTA Guide

The Bermuda Tourism Authority [BTA] is “compiling a guide to showcase partners who are launching safe and innovative virtual services” and is inviting businesses to submit their information. A spokesperson said, “Is COVID-19 changing your approach to business? Share how you’re inspiring and assisting our community at home and afar while practising social distancing “As we […]

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Norwegian Extends Suspension Of Cruises

Norwegian Cruise Line Holdings today announced an extension of their suspension of all cruise voyages to include voyages embarking between April 12 and May 10, 2020 for its three cruise brands — Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises. “The extended suspension contributes to the global efforts to contain the spread of […]

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Princess Suspends Cruises Through June 30

Princess Cruises announced that it will be canceling all voyages through June 30 due to the Covid-19 pandemic. A statement from the cruise line said, “In continued response to the impact of the Covid-19 global outbreak and the recent order from the United States Centers for Disease Control [CDC], Princess Cruises is canceling all voyages […]

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Royal Caribbean Extends Suspension Of Cruising

Royal Caribbean Cruises extended their global suspension of cruising, and said they “expect to return to service on June 12.” The company said, “Given global public health circumstances, Royal Caribbean Cruises Ltd. has decided to extend the suspension of sailings of our global fleet through June 11, 2020. We are working with our guests to address […]

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Carnival Cruise Line Extends Pause In Service

Carnival Cruise Line said they will phase in a resumption in their North American service beginning on August 1 with eight ships from Miami, Port Canaveral and Galveston, and pause operations in all other North American and Australian markets through August 31. A statement from the company said, “Carnival Cruise Line issued the following update to […]

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‘Substantial Doubt’ For Norwegian Cruise Line

Norwegian Cruise Line Holdings has warned there is “substantial doubt” about their “ability to continue as a going concern.” This was contained in a filing [PDF] with the U.S. Securities and Exchange Commission, which stated, “As a result of the impact of the COVID19 pandemic, our financial statements contain a statement regarding a substantial doubt […]

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Video: Firefighters Extinguish Fire In Devonshire

The Bermuda Fire and Rescue Service were on scene in the Cedar Park, Devonshire area late this evening [Jan 18] extinguishing a fire at the old Cedar Park store. The building, which is located at the back of the neighbourhood, used to be used as a convenience store and has not been in use for […]

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Video: BFRS Extinguish Vehicle Fire In Smiths

[Updated with video] The Bermuda Fire and Rescue Service [BFRS] extinguished a vehicle fire in Smiths parish this afternoon. A BFRS spokesperson said, “At 12:52pm a call was received reporting a vehicle with smoke and flames issuing in Smiths parish. Four appliances from the Hamilton Station responded, with a total of 8 personnel. “On arrival firefighters […]

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Firefighters Extinguish Tow Truck Fire

Firefighters extinguished a tow truck fire that occurred this morning [March 8] in Hamilton. A Bermuda Fire and Rescue Service spokesperson said, “At 6:20am, dispatch received a call of a vehicle fire at the junction of King Street and Elliot Street. One appliance responded from Hamilton Fire Station with a total of four firefighters. “Upon […]

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BFRS Extinguish Fire At Mid Atlantic Wellness

The Bermuda Fire & Rescue Service [BFRS] extinguished a fire at the Mid Atlantic Wellness Institute. A BFRS spokesperson said, “At 9:52am, fire dispatch received a call reporting a fire at the Mid Atlantic Wellness Institute. BFRS responded with 3 appliances out of the Hamilton Station. “On arrival, fire crews found a Sterno which had […]

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Bystanders Extinguish Kitchen Fire In Sandy’s

The Bermuda Fire & Rescue Service [BFRS] attended a reported kitchen fire in Sandy’s today [April 29] to find upon arriving on the scene that bystanders had managed to gain access to the building and extinguish the fire. A spokesperson said, “At 1.39pm this afternoon, a call was received of a kitchen fire in Sandy’s. […]

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RFP: Practitioner's Guide to Bus Operator Workforce Management

TRB's Transit Cooperative Research Program (TCRP) has issued a request for proposals to develop a comprehensive, evidenced-based guide for bus operator workforce management from pre-employment through retirement. The guide should present both best practices and innovative practices that enhance and sustain public transit and support bus operators who provide fixed-route, flexible-route, and on-demand services. Proposals are due August 11, 2020 at 5:00 PM Eastern.




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Development and Use of As-Built Plans by State Departments of Transportation

Sixty-eight percent of the states who responded to a survey indicated their agency has a documented process for as-built development. They said handwritten notes were the most commonly used method to capture as-built data (86%), followed by electronic notes (76%), and then photographs (33%). Some states use more than one option to capture as-built data. The TRB National Cooperative Highway Research Program's NCHRP Synthesis 548: Development and Use of As-Built Plans by State Departments of Transportation...




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Guidebook for Advanced Computerized Maintenance Management System Integration at Airports

TRB's Airport Cooperative Research Program (ACRP) Research Report 155: Guidebook for Advanced Computerized Maintenance Management System Integration at Airports explores the use of a Computerized Maintenance Management System (CMMS) to manage a variety of assets across a number of different airport systems. This report develops guidance on the steps necessary to implement a CMMS, factors for consideration in prioritizing which systems should be included in the CMMS using a phased approach, and the steps ...



  • http://www.trb.org/Resource.ashx?sn=acrp_rpt_155cover

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Guidelines for Collecting, Applying, and Maintaining Pavement Condition Data at Airports

“Pavement condition data” are essential inputs to the process of managing airport pavements and ensuring safe operations. The technology available today to collect pavement condition data is considerably different from that available even 20 years ago, and new technologies are being developed and introduced into practice at a rapid pace. ACRP Research Report 203: Guidelines for Collecting, Applying, and Maintaining Pavement Condition Data at Airports provides guidance on the collection, use, maintenance,...



  • http://www.trb.org/Resource.ashx?sn=cover_ACRP_rpt_203

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Guidebook for Developing a Zero- or Low-Emissions Roadmap at Airports

Airports worldwide are setting aggressive zero- or low-emissions targets. To meet these targets, airports are deploying new strategies, adopting innovative financing mechanisms, and harnessing the collective influence of voluntary emissions and reporting programs. In tandem, new and affordable zero- or low-emissions technologies are rapidly becoming available at airports. The TRB Airport Cooperative Research Program's pre-publicaton draft of ACRP Research Report 220: Guidebook for Developing a Zero- or L...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_220

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Guidance for Using the Interactive Tool for Understanding NEPA at General Aviation Airports

Most general aviation (GA) airports are minimally staffed and rarely employ environmental specialists, and the National Environmental Policy Act (NEPA) can be overwhelming to work through for those not familiar with the requirements. The TRB Airport Cooperative Research Program's ACRP Research Report 211: Guidance for Using the Interactive Tool for Understanding NEPA at General Aviation Airports , and the accompanying interactive tool that was developed, will help airport staff from GA airports understan...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_211

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Deicing Planning Guidelines and Practices for Stormwater Management Systems, second edition

The first edition of this report, in 2009, provided a comprehensive industry reference for the management of airport deicing runoff. The second edition has been wholly updated to reflect the latest industry practices. The TRB Airport Cooperative Research Program's ACRP Research Report 14: Deicing Planning Guidelines and Practices for Stormwater Management Systems, second edition , explores a wide array of practices designed to provide for the practical, cost-effective control of runoff from aircraft and ...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_014_2ea

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Guidebook for Managing Small Airports - Second Edition

TRB’s Airport Cooperative Research Program (ACRP) Research Report 16: Guidebook for Managing Small Airports. Second Edition is designed to help airport practitioners, owners, operators, managers, and policymakers of small airports, who may have varying degrees of experience and backgrounds, to fulfill their responsibilities in such areas as financial management, oversight of contracts and leases, safety and security, noise impacts, community relations, compliance with federal and state obligations, facil...



  • http://www.trb.org/Resource.ashx?sn=Cover_ACRP_Rpt16-2

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Benefit–Cost Analyses Guidebook for Airport Stormwater

Many airports undertake stormwater projects to accommodate facility expansion, address obsolescence, and respond to evolving regulatory requirements. Often, stormwater infrastructure is installed or upgraded on a project-by-project and piecemeal basis, resulting in mismatches of sizes, material types, ages, and conditions. When airports are considering expanding or improving their stormwater facilities, the immediate need for stormwater infrastructure modification may not be clear, and a benefit–cost ana...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_208

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RFP: Practitioner's Guide to Bus Operator Workforce Management

TRB's Transit Cooperative Research Program (TCRP) has issued a request for proposals to develop a comprehensive, evidenced-based guide for bus operator workforce management from pre-employment through retirement. The guide should present both best practices and innovative practices that enhance and sustain public transit and support bus operators who provide fixed-route, flexible-route, and on-demand services. Proposals are due August 11, 2020 at 5:00 PM Eastern.




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Recommended Guidelines for the Collection and Use of Geospatially Referenced Data for Airfield Pavement Management

TRB’s Airport Cooperative Research Program (ACRP) Report 39: Recommended Guidelines for the Collection and Use of Geospatially Referenced Data for Airfield Pavement Management offers recommended guidelines for the collection and use of geospatially referenced data for airfield pavement management. The guidelines provide a data schema, data collection methods, data quality requirements, and other relevant information required for developing specifications and standards for integrating geospatial data into...



  • http://www.trb.org/Resource.ashx?sn=coveracrprpt039copy

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Guidebook for Incorporating Sustainability into Traditional Airport Projects

TRB’s Airport Cooperative Research Program (ACRP) Report 80: Guidebook for Incorporating Sustainability into Traditional Airport Projects describes sustainability and its potential benefits, and identifies different applications of sustainable initiatives in traditional airport construction and everyday maintenance projects. The printed version of the report includes a CD-ROM that includes an airport sustainability assessment tool (ASAT) that complements the guidebook and may be used to assist in identif...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_080copy

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Publication: Guidelines for Human Exposure Assessment (Final Report)

EPA announced the availability of the Guidelines for Human Exposure Assessment (hereafter "Guidelines"). The Guidelines present the current policies and practices of exposure assessors across the Agency and supersede the 1992 Guidelines for Exposure Assessment Edition.




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ACRP Impacts on Practice - Wayfinding and Signing Guidelines for Airports

The September 2015 issue of TRB’s Airport Cooperative Research Program (ACRP) Impacts on Practice explores how Philadelphia International Airport, Fort Lauderdale-Hollywood International Airport, and Changi Airport in Singapore applied guidance from ACRP Report 52 : Wayfinding and Signing Guidelines for Airport Terminals and Landside to help passengers find their way in and around an airport.



  • http://www.trb.org/Resource.ashx?sn=IOP2015Septcover

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Guidebook for Preparing and Using Airport Design Day Flight Schedules

TRB’s Airport Cooperative Research Program (ACRP) Research Report 163: Guidebook for Preparing and Using Airport Design Day Flight Schedules explores the preparation and use of airport design day flight schedules (DDFS) for operations, planning, and development. The guidebook is geared towards airport leaders to help provide an understanding of DDFS and their uses, and provides detailed information for airport staff and consultants on how to prepare one.



  • http://www.trb.org/Resource.ashx?sn=acrp_rpt_163cover

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Building and Maintaining Air Service Through Incentive Programs

Airports and the communities they serve view robust air service as an important element for economic well-being and overall quality of life. Incentive programs are often used to encourage airlines to maintain or augment service to a community. Recent airline industry trends, including airline consolidation, use of larger aircraft, the rise of ultra-low-cost airlines, and challenges with pilot supply as well as regulatory and policy developments, have affected the significance of these programs. The TRB A...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_218a

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Guidebook on Effective Land Use Compatibility Planning Strategies for General Aviation Airports

Incompatible land uses can threaten the safe utility of airports and expose people living and working nearby to potentially unacceptable levels of noise or safety risk. At the state level, all 50 states have enacted some form of airport zoning legislation since the 1950s. The majority of states (90 percent) have enacted laws mandating or enabling local governments to adopt, administer, and enforce airport zoning regulations. The TRB Airport Cooperative Research Program's ACRP Research Report 206: Guidebo...



  • http://www.trb.org/Resource.ashx?sn=cover_acrp_rpt_206

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