AGP Executive Report
Last update: 5 hours agoLocal Governance: Gov. Albert Bryan Jr. signed the “2026 Second Amendment Rights and Public Safety Act” (Bill 36-0144), overhauling USVI firearm licensing and registration by tightening standards, removing subjective discretion, and aligning rules with recent U.S. Supreme Court rulings. Insurance & Risk Management: The VI Division of Banking, Insurance and Financial Regulation issued Bulletin 2026-04 after Act No. 9100 increased the Virgin Islands Insurance Guaranty Fund funding from $50M to $55M and raised the insolvency payout cap to $75,000 less $50 (future claims only). Tourism & Shipping: West Indian Company Limited projected St. Thomas will see about 1.25M cruise passengers with 359 ship calls in fiscal 2027, including first-time calls from major lines at the WICO dock. Business Growth: Accurate Franchising announced five new food and beverage franchise concepts, including Virgin Island Thyme Caribbean Grille. Disaster Preparedness: Stacy Bourne expanded her “Disaster Smart” preparedness resources, drawing on her Hurricane Marilyn experience in the USVI. Telehealth Access: Allpure Behavioral Health partnered with Rx Outreach to expand affordable online substance use disorder treatment with home delivery.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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