On the recordJune 15, 2009
The collapse of AIG, the world's largest insurer, has proven to be one of the most costly and dangerous corporate disasters in our Nation's financial history.
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congress.govMelissa L. Bean: “The collapse of AIG, the world's largest insurer, has proven to be one of the most costly and dangerous corporate…”
Editor's note · Context
Discussing the need for federal oversight after AIG's collapse.
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More from Melissa L. Bean
Jun 15, 2009
No one that is advocating for a national insurance charter in any way is suggesting that we lower consumer protections.
May 13, 2009
Since we started working on this issue, much has changed in our system. After committing nearly $200 billion of taxpayer dollars to AIG, the need for Federal regulatory oversight has never been greater.
May 13, 2009
I believe the subcommittee should move a comprehensive bill that establishes Federal regulation of all lines of insurance, property and casualty, reinsurance, and life.
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