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Bahamas First improves revenue results in first quarter


Bahamas First improves revenue results in first quarter
Patrick Ward.
Bahamas First Holdings Limited realized revenue growth of $3.4 million in its first quarter of 2021, compared to last year’s first quarter, though the company was hit by an increase in claims, decreasing net underwriting income by 13.6 percent year-on-year, Bahamas First revealed in a press statement.
The company’s results continue to be tempered by the COVID-19 pandemic despite the improved top-line revenue results, positive property and casualty (P&C) insurance claims experiences and a rising share price, according to the statement.
Group President and Chief Executive Officer Patrick Ward said in the statement that both the Cayman Islands and Bahamas operations showed operations improvements in the first quarter, compared to 2020. ....

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Lt. Gov. Sabina Matos takes oath in public ceremony at State House.


Lt. Gov. Sabina Matos takes oath in public ceremony at State House.
Mark Reynolds, The Providence Journal
© David DelPoio/The Providence Journal
Secretary of State Nellie Gorbea swears Sabina Matos in as her son Diego holds a bible, husband Patrick Ward, in back. A formal inauguration was held for Lt. Gov. Sabina Matos on Sunday afternoon on the North Lawn of the State House. Matos is Rhode Island’s 70th lieutenant governor.
PROVIDENCE  The state’s newly installed lieutenant governor, Sabina Matos, was inaugurated at a public ceremony on Sunday, thanking her many supporters, making promises and proudly drawing attention to her own narrative as an immigrant.  ....

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GoLocalProv | De Los Santos and Vargas to Run for Ward 15 Vacancy Due to Departure of Matos, Ward Out


Oscar Vargas had previously announced his candidacy for the vacant council seat.
“I am excited and proud to announce my candidacy for the upcoming special election for the Ward 15 City Council seat,” said De Los Santos. “This past year has been absolutely devastating for Ward 15’s families and small businesses. Zip code 02909, which encompasses almost the entirety of Ward 15, consistently leads the state in positive COVID cases. Valley, Olneyville, and Silver Lake need a Councilor who is laser-focused not only on economic recovery but on sensible quality of life solutions and humane municipal policies that put working families first and is ready to lead on day one.” ....

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