American International Group Inc.’s near-collapse amid the financial crisis shows the need for coordinated U.S. insurance oversight, the Treasury Department’s Federal Insurance Office said.
Kansas, North Dakota and other state insurance commissioners snubbed a meeting with President Barack Obama set up to discuss allowing some people to keep medical plans that don’t meet the requirements of the U.S. health law.
The uphill climb for Democrats to defend their 53-47 Senate majority next year just got steeper with the decision by Nebraska’s Ben Nelson not to seek re- election.
Ben Nelson doesn’t face re-election to the U.S. Senate for another year and won’t know his opponent until next May. Yet advertising attacks on the second-term Democrat began months ago.
U.S. insurance regulators are drawing on the country’s founding principles as they resist international pressure to give the federal government a greater role in overseeing the industry.
Democratic Senator Ben Nelson of Nebraska said he will vote against confirming Elena Kagan to the U.S. Supreme Court , becoming the first in his party to announce opposition.
The Senate confirmed Elena Kagan to the U.S. Supreme Court, giving President Barack Obama his second appointment to the high court in two years while leaving its ideological balance unchanged.
"There is, I think, a philosophical difference about government here."
- Ben Nelson on Sep 17, 2013
A Closer Look With Arthur Levitt: Ben Nelson