Richard Shelby actually said...

There is no system that is built to withstand an insolvency the size of the notional value of the credit default swaps AIG was invested in.

Given the importance of insurers in our markets and overall economy, I believe we should at least consider whether additional Federal oversi...

Today, the Committee will once again consider insurance regulatory reform.

Even before the start of the present financial crisis, there were legitimate questions about whether our insurance regulatory system was ade...