Connect with us

USVI Community Pulse

Lieutenant Governor Tregenza Roach Represents USVI at Prestigious Insurance Conference in Florida

Published

on

Lieutenant Governor Tregenza Roach, a dedicated public servant from the U.S. Virgin Islands. Credit: V.I. CONSORTIUM

Embarking on a significant journey for the U.S. Virgin Islands, Lieutenant Governor Tregenza Roach set off to Florida on Thursday to participate in the esteemed National Association of Insurance Commissioners (NAIC) Conference held in Amelia Island. This engagement underscores his pivotal role as the territory’s insurance commissioner and exemplifies his commitment to advancing the interests of the Virgin Islands on a national stage.

Within the framework of the NAIC, an influential organization that sets standards across the United States, Lieutenant Governor Roach contributes his expertise and insight alongside regulators from all 50 states, the District of Columbia, and five territories. This collaborative environment facilitates the sharing of knowledge, strategies, and policies crucial for effective insurance regulation and enhancing consumer protection.

Funded by the NAIC, this conference offers Mr. Roach a platform to engage in vital discussions, partake in training sessions, and attend meetings that are key to shaping the future of insurance regulation in the Virgin Islands and beyond. His participation not only highlights the importance of the Virgin Islands in national conversations about insurance but also ensures that the territory remains at the forefront of regulatory practices and consumer advocacy.

Lieutenant Governor Roach’s commitment to serving the people of the Virgin Islands is further demonstrated by the seamless transition of duties to Senate President Novelle E. Francis, Jr. during his absence, as per the provisions of the Revised Organic Act of the Virgin Islands. This arrangement ensures the continuity of governance and reflects the structured and thoughtful leadership approach within the territory’s administration.

Scheduled to return on February 12, Lieutenant Governor Roach’s involvement in the NAIC Conference is a testament to the Virgin Islands’ proactive and engaged stance in addressing insurance-related issues, fostering an environment of growth, and ensuring the well-being of its residents through effective policy and regulation.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

USVI Community Pulse

Bill Reforming V.I. Real Estate Commission Advances with Strong Support

Published

on

In a significant move to enhance regulations in the Virgin Islands’ real estate sector, Senator Novelle Francis Jr. has introduced Bill 35-0117, aimed at reforming the territory’s Real Estate Commission. This follows closely on the heels of his earlier successful introduction of Bill 35-0193, which sought to regulate the local real estate industry further.

Bill 35-0117 proposes amendments to Title 27, Virgin Islands Code, Chapter 15, Sections 421a and 422. These amendments address the qualifications, term limits, and duties of the Real Estate Commission members. Key among the proposed changes is the addition of a licensed property manager to the Commission, a move Senator Francis highlighted while seeking support from the Committee on Rules and Judiciary.

If passed, the bill will mandate geographic representation on the Commission, with three members residing on St. Croix, three on St. Thomas, and one on St. John. Additionally, it sets term limits, restricting members to no more than two consecutive four-year terms. The bill also allows for members to receive per diem expenses and empowers the Commission to appoint a secretary and a treasurer.

The proposed legislation quickly garnered support during its initial committee review on Thursday. Laurent Alfred, the current chair of the Real Estate Commission, and the Department of Licensing and Consumer Affairs (DLCA) both endorsed the bill. Horace Graham, DLCA assistant commissioner, praised the bill as a “progressive step forward for this industry and our community.”

A noteworthy provision in the bill requires that no more than four of the seven Commission members hold a Virgin Islands real estate broker, sales associate, or property management license. According to Mr. Graham, this ensures that decisions are informed by substantial industry expertise while allowing the Commission to effectively represent various stakeholder interests, including real estate personnel, property owners, and prospective buyers.

Mr. Graham emphasized the bill’s aim for “equitable geographic representation,” which he believes will address unique real estate issues across the Virgin Islands. He also noted that term limits would promote fresh ideas and prevent stagnation, fostering an environment of transparency, accountability, and responsiveness.

The Real Estate Commission fully supports the proposed changes, with Mr. Alfred testifying that term limits would ensure a healthy turnover in Commission membership.

Committee members echoed the support from invited testifiers. Senator Milton Potter described the bill’s provisions as “prudent upgrades” for the real estate industry. Senator Marise James, experienced in real estate law, saw no drawbacks and encouraged Senator Francis to address real estate fraud in future legislation. Senator Diane Capehart agreed, stating that the legislation offers transparency and parity.

The bill will now proceed to an upcoming legislative session, where it will be voted on by all fifteen senators.

Continue Reading

USVI Community Pulse

USVI Diplomatic Pioneer Terence Todman Honored with Conference Room in Buenos Aires

Published

on

The U.S. Embassy in Buenos Aires, Argentina, has dedicated the Terence A. Todman Conference Room to honor the distinguished USVI-born diplomat. The unveiling on Wednesday celebrated Mr. Todman’s significant contributions and showcased his remarkable career.

“If you walk through that room, you’re going to learn a lot more about his career and the courage that one person took to change the world,” stated Marc Stanley, U.S. Ambassador to Argentina, during the ceremony.

Terence Todman, born in 1926 on St. Thomas, served as a U.S. ambassador to six countries: Chad, Guinea, Costa Rica, Spain, Denmark, and Argentina. He retired in 2014 and passed away later that year. The son of a maid and a grocery store clerk, Mr. Todman broke numerous barriers in his ascent to a high-ranking diplomat, mastering seven languages along the way. The conference room, named “A Life Less Ordinary,” highlights these achievements.

“The courage it took to be a Black ambassador for the United States in 1969, the courage it took to integrate a lunchroom in Virginia in the 60s—it took a lot,” Ambassador Stanley remarked, noting that Mr. Todman was one of only two Black Americans in the State Department at the time.

Mr. Todman’s career was marked by his challenge to the Virginia segregation law, which mandated separate eating areas for Black diplomats at the Foreign Service Institute. His activism was a significant part of his legacy, including becoming the first Black ambassador to a Spanish-speaking country when appointed to Costa Rica in 1974. He also served as the ambassador to Argentina from 1989 to 1993.

The conference room exhibit includes visual timelines of Mr. Todman’s accomplishments and multilingual panels, offering a comprehensive look at his pioneering career. “All of these things tell this one giant story,” said Joseph Van Jemming, the senior chair of the Office of Cultural Heritage who contributed to the exhibit’s creation.

A central display in the room features a black outline of Ambassador Todman amidst white outlined diplomats, symbolizing his frequent position as the only Black individual in a room. “The imagery is powerful and pulls the room together in a really interesting way,” Mr. Van Jemming noted.

Stacey Williams, a mentee of Mr. Todman and current chief of staff in the Bureau of Budget and Planning for the State Department, reflected on the significance of the honorary conference room. He posed the question many ponder: “Will anyone remember my name?” With Mr. Todman’s name now honored in various locations, including the State Department cafeteria in Washington, DC, and a road leading to the Cyril E. King Airport, Mr. Williams believes his mentor’s legacy will endure indefinitely.

Continue Reading

USVI Community Pulse

Waste-to-Energy Initiative Aims to Transform St. John’s Environmental Landscape

Published

on

During the Public Services Commission’s (PSC) monthly meeting on Tuesday, Advanced Sustainable Technologies Limited (AST Cleantech) reintroduced its proposal to build a waste-to-energy plant on St. John. The project, long touted by AST, aims to generate nearly one megawatt of electricity while managing the island’s waste. However, the venture hinges on agreements with the V.I. Waste Management Authority (VIWMA) and the V.I. Water and Power Authority (WAPA).

AST Group CEO Dan Levin reported that the final design plans are nearing completion, with financial backing secured from a U.S. bank for the entire project. Engineering partners and land in Florida for fabrication and testing have also been arranged. “We expect to start construction and fabrication in the coming months,” Levin stated, projecting the unit to be operational in Florida within 10 months, followed by two months of testing. The unit is anticipated to be installed at St. John’s transfer station within 12 to 13 months, with a startup planned by the end of 2025. The installation cost is estimated at $10 million.

In response to PSC Commissioner David Hughes’ inquiry, Levin assured that the waste-to-energy process produces no residual waste, yielding only electricity and an inorganic crystal byproduct. The gases from waste decomposition are cleaned and used in gas turbines, producing emissions significantly lower than natural gas. The closed system design mitigates odor and noise, with current operations in Seattle, Washington, the Czech Republic, and Germany meeting stringent environmental standards.

Commissioner Hughes highlighted the need for AST to coordinate with VIWMA and WAPA, despite their current challenges. Levin mentioned that a draft power purchase agreement with WAPA is expected to be finalized soon, although the agreement with VIWMA, which involves no tipping fees, remains pending. He sought the PSC’s assistance in expediting this process.

Hughes encouraged AST to work closely with the PSC’s general counsel and executive director on agreements with regulated utilities to ensure seamless progress. He emphasized the importance of being prepared to fully agree when the project moves forward. Levin projected that the plant’s power production capacity could reach about 10 gigawatts annually.

Continue Reading

Trending