The venue for winning delays in increases in premiums for flood insurance properties is now moving to the must-do farm bill, which is being considered by the Senate this week.

The Federal Reserve Board is on the case, and the days when insurance company officials can shoot first and aim later are going to end, AIG CEO Robert Benmosche warns.

The Federal Reserve Board is on the case, and the days when insurance company officials can shoot first and aim later are going to end, AIG CEO Robert Benmosche warns.

Florida Sen. Bill Nelson, D, says he plans to reintroduce legislation giving the Treasury Department authority to make loans available to state-run reinsurance programs, such as the Florida Hurricane Catastrophe Fund, to ensure their solvency.

Florida Sen. Bill Nelson, D, says he plans to reintroduce legislation giving the Treasury Department authority to make loans available to state-run reinsurance programs, such as the Florida Hurricane Catastrophe Fund, to ensure their solvency.

AIG confirmed last night that it has been designated systemically significant by the Financial Stability Oversight Council, paving the way for possible federal regulation at the holding-company level. Prudential Financial and GE Capital were also designated at an afternoon meeting of FSOC members yesterday.

AIG confirmed last night that it has been designated systemically significant by the Financial Stability Oversight Council, paving the way for possible federal regulation at the holding-company level. Prudential Financial and GE Capital were also designated at an afternoon meeting of FSOC members yesterday.

However, this snagand the potential it raises that the sale could fall throughis unlikely to delay designation of AIG as a systemically significant nonbank by the governmenta step that could occur as early as June 3.