Combine broth, wine and water in saucepan; bring to boil over medium heat. Reduce heat to simmer and cover.
Heat 1 tablespoon olive oil in a separate 2-quart saucepan over medium high heat. Sprinkle chicken with garlic powder and pepper. Add half of the chicken; sauté for 4 minutes or until chicken is no longer pink. Remove chicken and set aside. Add 1 additional tablespoon oil to saucepan and repeat with remaining chicken. Set chicken aside; keep warm.
Add remaining 1 tablespoon olive oil to saucepan; stir in rice and onion. Cook for 2 minutes. Slowly stir in 1 cup of hot broth mixture. Reduce heat to medium low. Cook, stirring frequently, until all liquid is absorbed. Add remaining broth mixture 1 cup at a time, stirring constantly until the broth has been absorbed. Rice should be creamy and al dente.
Stir in tomatoes and chicken. Heat through. Stir in Asiago cheese, and basil. Serve immediately.