House Democrats are demanding an explanation as to why the Federal Housing Finance Agency prohibited Fannie Mae from executing a plan to introduce new specialty lenders into the forced-place insurance market.

The confirmation of Jacob Lew as secretary of the Treasury late Wednesday clears the way for action on several insurance-related issues, including the release of a long-delayed report on insurance-regulation modernization.

The confirmation of Jacob Lew as secretary of the Treasury late Wednesday clears the way for action on several insurance-related issues, including the release of a long-delayed report on insurance-regulation modernization.

Former AIG Chairman and CEO Maurice Hank Greenberg called the intervention by the federal government in the company a nationalization in a Washington public appearance on Thursday.

Former AIG Chairman and CEO Maurice Hank Greenberg called the intervention by the federal government in the company a nationalization in a Washington public appearance on Thursday.

The CEO of AIG, Robert Benmosche, put himself at odds with critics within the financial services industry and Congress opposed to higher capital standards when he said they are justified given the 2008 financial crisis.

The CEO of AIG, Robert Benmosche, put himself at odds with critics within the financial services industry and Congress opposed to higher capital standards when he said they are justified given the 2008 financial crisis.

The Federal Reserve appears to be reiterating that it will use bank-centric standards opposed by the insurance industry in regulating insurance companies that operate thriftsalthough some industry trade groups are disputing that interpretation.