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International

Jordan: Cabinet endorses new obligatory insurance for fires, earthquakes

August 27, 2013 Reprints

Jordan's government recently endorsed regulations requiring public and private commercial institutions with assets valued at more than 500,000 Jordanian dinars ($705,950) to secure insurance coverage for fires and earthquake, Ammon reported.

Under the regulations, municipalities cannot renew licenses to institutes, unless they show proof of insurance.

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Jordan: Cabinet endorses new obligatory insurance for fires, earthquakes

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