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Got Innovation? Submit Your Idea to the Entrepreneurial Insurance Awards Innovators get ready. MarketScout has begun its first-ever search for the most creative new product, underwriting application, or tool that helps distribute insurance in a more innovative fashion. ... September 03, 2010 12:23 PM AmWINS Wins Court Order Against Ex-Employee Now with Ryan Group North Carolina-based wholesale insurance broker AmWINS has won a court order against a former employee it believes is using confidential client information to target AmWINS business accounts and ... September 03, 2010 11:40 AM South Carolina Forms Insurance Funding Program South Carolina Insurance Director Scott Richardson, will introduce the new South Carolina Insurance Funding Program (SCIF) during the annual South Carolina Captive Insurance Association ... September 03, 2010 11:31 AM Chartis Expands Environmental Insurance to Additional Industries Chartis today announced the expansion of NextGen Protection, a suite of environmental insurance solutions developed by its Environmental Division. The additional industry segments within the ... September 03, 2010 11:30 AM Kentucky Simulator Program Aims to Improve Driver Safety Baby, you can drive Larry Roberts' car er, simulated driving machine. But first you have to get an official invitation from Roberts, who is the Fayette County attorney. And you have to be between ... September 03, 2010 11:23 AM Texas' July Enforcements Include Nearly $500K in Fines, Restitution Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during July 2010 include five license revocations, two license denials, and fines and restitution totaling ... September 03, 2010 10:27 AM Katrina Con Man Sentenced in Georgia A Georgia man was sentenced Wednesday to two years and nine months in prison for filing more than 30 false claims seeking emergency compensation for damages from three Gulf Coast hurricanes, a ... September 03, 2010 10:03 AM Florida Workers' Comp Reform Slowed Cost Growth Reform of Florida's workers' compensation fee schedule in 2003 achieved its intended results, significantly increasing the prices paid for physician services and reducing the average payment per ... September 03, 2010 9:54 AM Fee Schedule Slowed Growth of Illinois Injured Workers' Medical Costs Medical costs per workers' compensation claim in Illinois showed slower growth in 2007 following implementation of the medical fee schedule in 2006, according to a study from the Workers ... September 03, 2010 9:53 AM CMIC Raising Premiums in Massachusetts Connecticut-based medical professional liability insurer CMIC said it will raise premiums by an average 5.3 percent for Massachusetts health care professionals. The rate change goes into effect ... September 03, 2010 9:48 AM

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Top stories of the day-China Stock Market-Sept. 6 BEIJING, Sep 05, 2010 (Xinhua via COMTEX) -- ?1.China is drafting two documents to boost the development of strategic emerging industries, including a decision and a plan on the industry, Zhang Xiaowen, an official with the National Development and Reform Commission (NDRC), China's top economic planner, said Sunday at the release of China's Top 500 enterprises... September 05, 2010 7:55 PM CIRC issues detailed rules on insurers' investment in real estate, unlisted firm BEIJING, Sep 05, 2010 (Xinhua via COMTEX) -- China Insurance Regulatory Commission (CIRC) on September 5 issued the detailed rules on insurance companies' investment in real estate projects and in equity of the unlisted companies.These rules could help insurance companies expand their investment channels.Under the rules, an insurance company is allowed to invest a maximum of 5 percent of its total assets by the end of the previous quarter in equities of unlisted companies... September 05, 2010 7:53 PM *XH CIRC issues detailed rules on insurers' investment in real estate, unlisted Sep 05, 2010 (Xinhua via COMTEX) -- *XH CIRC issues detailed rules on insurers' investment in real estate, unlisted firms September 05, 2010 7:45 PM Palisades launches new iPhone application Sep 05, 2010 (Datamonitor via COMTEX) -- Palisades, a car insurance company, has launched a new iPhone application available to all Palisades customers and New Jersey residents.The application offers different resources, including the ability to store insurance information, click-to-call on-the-go emergency contact lists, easy accident reporting and instant access to important car maintenance records including date of last service, next oil change, and mileage and maintenance reminders... September 05, 2010 7:06 PM Sword Insurance relocates North American headquarters to Boston Sep 05, 2010 (Datamonitor via COMTEX) -- Sword Insurance, a division of Sword Group, has relocated its North American headquarters to Boston, Massachusetts, US.All Sword AgencyPort staff in Boston has been relocated to the new office location. Sword AgencyPort, which was acquired by Sword Group is part of the Sword Insurance division.Steve Hauck, CEO of Sword Insurance, said: "With the formal launch of Sword Insurance and the associated growth strategy, we have outgrown our current headquarters... September 05, 2010 7:06 PM BBVA Compass launches BBVA Compass Asset Builder Annuity Sep 05, 2010 (Datamonitor via COMTEX) -- BBVA Compass has launched BBVA Compass Asset Builder Annuity, a flexible-premium, tax-deferred fixed annuity offered through BBVA Compass Insurance Agency.The Asset Builder Annuity is issued and guaranteed by Western National Life Insurance Company. BBVA Compass has both cobranded an annuity product and also been engaged to manage a portion of the assets for the underwriting insurance company... September 05, 2010 7:06 PM Fidelity National Financial acquires Commerce Velocity Sep 05, 2010 (Datamonitor via COMTEX) -- Fidelity National Financial, or FNF, has acquired Commerce Velocity, a provider of technology solutions to mortgage lenders, loan servicing organizations and investment banks that enable users to mitigate risk and optimize outcomes for their mortgage loan portfolios.Fidelity announced that the Commerce Velocity technology will be strategically aligned with ServiceLink, the lender platform for FNF and a provider of origination and default related solutions for the mortgage industry... September 05, 2010 7:06 PM Doha to get new Dh6b retail facility first phase set for completion in 2012Doha's biggest retail and entertainment complex to open in 2015Dubai The region's largest entertainment and retail complex catering to residents in both Qatar and neighbouring countries is set to be built in Doha.The Dh6 billion project is being developed by Bawabat Al Shamal.Al-Futtaim, Qatar Islamic Bank and Aqar Real Estate Investment are the primary shareholders in the project... September 05, 2010 7:00 PM Malaysia issues new Takaful licenses [Arab News, Jeddah, Saudi Arabia] Sept. 06--Malaysian Finance Minister Mohd Najib Abdul Razak, who is also the prime minister, has approved the issuance of the four family Takaful (Islamic insurance) licenses pursuant to the Takaful Act 1984 to joint ventures involving major insurance companies from the US, UK and the Netherlands.Bank Negara Malaysia, the central bank and insurance regulator, last week issued the licenses to joint ventures to be established by i) American International Assurance Berhad (70 percent) and Alliance Bank Malaysia Berhad (30 percent); ii) AMMB Holdings Berhad (70 percent) and Friends Provident Group plc, UK (30 percent); iii) ING Management Holdings (Malaysia) Sdn Bhd (60 percent), Public Bank Berhad (20 percent) and Public Islamic Bank Berhad (20 percent); iv) and The Great Eastern Life Assurance Company Limited (70 percent) and Koperasi Angkatan Tentera Malaysia Berhad (30 percent)... September 05, 2010 7:00 PM Community tell government to help healthcare in Mapel By Manyang Mayom September 3, 2010 (RUMBEK) — The community of Mapel in Western Bahr El Ghazal state (Wau) has urged for intervention by health authority and international organizations to help community in outbreak pandemic epidemics diseases. Mapel Primary Health Care Centre (PHCC) Medical Assistances, Joseph Ongom called upon Western Bahr el Ghazal state's Ministry of Health to give ultimately necessary intervention either by sending an emergency medical mobile team of doctors equipped with medical facilities to curb the outbreak of the diseases... September 05, 2010 7:00 PM