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Issue No. 870 Friday, 1 July 2005

CGI Open For New Investors

Cayman National Corporation (CNC) is now negotiating with five foreign insurance companies in addition to Sagicor to sell a portion of Cayman General Insurance (CGI). Negotiations with Sagicor... read more...


Project Ark takes on disaster preparation in face of hurricane season

With the hurricane season once again upon us, the Leader of Government Business, Hon Kurt Tibbetts, said that businesses and the public sector cannot overlook digitally archiving documents, when he made the opening remarks at Project Ark: Disaster Planning and Recovery seminar at the Marriott Resort Grand Cayman on 29 June. “The implications for businesses that lost documents makes it susceptible to lawsuits... read more...


Ocean Club settles claim

After nine months what is said to be the largest residential condo complex on Grand Cayman has finally reached a settlement with its insurance company. Ocean Club owners finally arrived at an agreement with the complex’s insurance settlement after a long period of wrangling. Since negotiations with contractors are still underway, the amount of the settlement was not made public... read more...


A long overdue makeover for the district of Bodden Town

Expectations are that by the end of July the district of Bodden Town will be transformed. Since Hurricane Ivan moved through the district wreaking havoc, the district seems to have seen very little clean up activity and has headlined many discussions to do with environmental health and sanitation concerns on the Island. Moreover, in the months following the storm, there were accusations leveled at the former Government... read more...


Housing still a crisis

It is almost ten months since Hurricane Ivan struck but its impact on the country’s housing stock is still apparent. Many people have slipped through the official cracks as it becomes evident that wages cannot keep up with rising housing costs since the storm.. read more...


Caymanian of the Week - Shakira Vernon

A Retail sales clerk at Kirk’s Office Equipment, Shakira Vernon enjoys dealing with customers. “I really like to help the customers who come here,” Ms Vernon said. “I enjoy finding the things that they need.” It isn’t only the customers that Ms Vernon likes, however: “The staff are so nice and friendly. I like talking to people here,” she said. “When I am not working, I spend most of my time with my boyfriend, Derron, My Mom, Marlene... read more...


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THE BRACKER AND LITTLE CAYMANIAN


REAL ESTATE FRIDAY


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