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The Hindu Business Line : Insurance regulator working on norms for mergers & acquisitions (The Hindu) New Delhi, Dec. 3 The Insurance Regulatory and Development Authority (IRDA) is pitching for consolidation in the Indian insurance industry. Publ.Date : Wed, 03 Dec 2008 18:49:15 GMT SC asked to stop CA from enforcing insurance ruling (Manila Bulletin) The Supreme Court (SC) has been asked to stop the Court of Appeals (CA) from enforcing its ruling that barred the Government Service Insurance System (GSIS) from acting as the sole provider of the Compulsory Third Party Liability (CTPL) insurance for all private vehicles in the country. Publ.Date : Wed, 03 Dec 2008 20:15:08 GMT Guinea Bank, Insurance Workers Get 30% Pay Increase, End Strike (Bloomberg) Dec. 3 (Bloomberg) -- Bank and insurance-industry workers in Guinea ended a strike over pay after employers agreed to increase their salaries by 30 percent, Radio-Television Guinea, or RTG, reported. Publ.Date : Wed, 03 Dec 2008 15:44:16 GMT John Alden Life and Fortis Insurance companies fined $900K (Portsmouth Herald) CONCORD – New Hampshire Insurance Commissioner Roger Sevigny announced Wednesday that John Alden Life Insurance Company and Fortis Insurance Company have entered into a Consent Order with the department that includes a $900,000 payment to the department... Publ.Date : Wed, 03 Dec 2008 17:26:36 GMT Waterloo insurance agent facing fraud charges (KWWL Iowa) CEDAR RAPIDS, Iowa (AP) -- A Waterloo man faces federal wire fraud, mail fraud and money laundering charges after allegedly defrauding several annuity and insurance clients. Publ.Date : Wed, 03 Dec 2008 16:49:12 GMT