Offshore Alert News Today

One House Democrat expressed skepticism that the landmark ruling would change dynamics in Congress.

Marlborough light

Marlborough light

Online scammers or cyber hackers have conned a leading Bermuda captive and insurance management company out of millions of dollars, a US lawsuit alleges. The Bermuda office of Aon Insurance Managers a...

A company majority owned by rap artist Jay-Z has applied to the US District Court Southern District of New York for the right to subpoena six New York insurers for documents to purportedly use in a mu...

A businessman pulled from the purchase of a bank after his financial history was revealed cofounded a fintech firm that has been given a licence by the Bermuda Monetary Authority. New York-based Logan...

The Police and Fire Retirement System for the City of Detroit late last week filed a class-action lawsuit against Argo Group International Holdings Inc, the Bermuda international underwriter of proper...

Bermuda is taking a “huge reputational risk” for what is likely to be little reward by encouraging crypto companies to come to the island, according to a tech expert. Martin Walker, banking and financ...

By John Lee. Greek construction company Archirodon has filed a petition to enforce an arbitration award against the General Company for Ports of Iraq, the Iraqi Ministry of Transport, and the Republic of Iraq. According to Offshore Alert, the company is claiming $105 million relating to an arbitration award that was granted three years ago.

The cryptocurrency industry could use some additional regulation and oversight, but Congress is unlikely to act anytime soon, likely leaving the industry with a patchwork of guidance from legal settlements and judicial decisions, experts said Tuesday at a conference in Miami.