Regulation/Legislation

The chairman of Lloyd's, in a talk here last night, said that the insurance industry is capable of self reform and defended the former head of American International Group Maurice Greenberg.

What will the Democrats do on health care reform now that they've lost their 60-vote supermajority in the Senate? NU Editor Sam Friedman offers his take in his blog at www.NUSamSoapBox.com.

General Re Corp. has settled charges for $12.2 million that it aided schemes by American International Group and Prudential Financial, Inc. to falsify financial reports, the Securities and Exchange Commission announced.

The Nevada Division of Insurance announced it has redesigned and added new features to its Web site in an effort to promote ease of use for consumers and regulated entities.

The fate of health care reform legislation appears to be hanging in the balance in the wake of the election of a Republican from Massachusetts to the Senate.

Federal Reserve Board Chairman Ben Bernanke defended his agency's actions in bailing out American International Group and asked the Government Accountability Office to conduct a study of its decisions involving AIG.