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Duck Creek Technologies Announces New Billing Solution
From the ACORD LOMA Insurance Systems Forum , Duck Creek Technologies, a leading provider of software and services for the insurance industry, announced its new Duck Creek Billing Solution.
Topix.net

Payment protection complaints triple
The Financial Ombudsman Service expects to report that complaints about payment protection insurance tripled to more than 30,000 in the 2008-9 financial year
FT

AIG plans $5bn IPO for Asian arm
AIG is expected to formally unveil plans for a multi-billion dollar initial public offering of its Asian life insurance operations
FT

California Considers Bill to Expand Insurance Fraud Reporting Law
The California legislature is considering amending the state's insurance code to expand the state's reporting law in insurance fraud. According to the text of AB 802, existing law requires ...
Insurancejournal.com

AIG Confirms It Will Seek Asian IPO for AIA
] said it would seek a listing on an Asian stock exchange for American International Assurance Co Ltd (AIA Group), a leading life insurance organization in Asia with more than 20 million customers. Th...
India Gazette

Suze Orman Sued For Fraud
Family claims it was misled about insurance policy sold by the famous adviser's firm.
Forbes

FOREX: Finggit Opens Lower Against US Dollar - Bernama
FOREX: Finggit Opens Lower Against US DollarBernama, MalaysiaKUALA LUMPUR, May 18 (Bernama) -- The ringgit opened lower against the US dollar today, but mostly higher against other major currencies, dealers said. At 9.03am, the ringgit was lower against the greenback at 3.55455575 compared to last Friday's ...
Info 5000

Call to reduce the cap for accident benefits to $25,000 meeting resistance
As the Ontario government considers regulatory changes to cut accident benefits for auto insurance holders, a fierce debate is emerging over the potential consequences of such a change.
Topix.net

Cutting pain, cost from travel & entertainment
+65 6388 3838 Operating hours in Singapore time (+8 hours GMT) Mon-Fri: 8.45am - 5.15pm & Sat: 8.45am - 12.15pm After office hours, leave a voicemail.
India Gazette

Letters: Bad timing
Your interview with Captain GR Gopinath (This will revolutionise Indias logistics, May 15) shows that his new venture, Deccan 360, is not in tune with India's realities. India's airline industry is expected to post a combined operating loss of $2 billion for the 12 months ending March 31, 2009. Cargo traffic is forecast to fall even more steeply, with a decline of 5 per cent following a 1.5 per cent drop in 2008. Comparisons with courier companies like Blue Dart and DHL are not valid as they generate high volumes and their network of courier services is unbeatable. With the development of highways, travel time has been reduced and most of the inter-city bus and transport operators provide very cost-effective cargo service. It will be a long time before the growth of air cargo becomes profitable.
Business Standard

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