A House government oversight panel ordered the Federal Reserve Bank of New York to produce documents related to its role in American International Group's failure to disclose details of the decision to pay AIG trading partners in full.

Democratic members of the Texas House delegation yesterday asked their negotiators on health care reform legislation to require a "single, national health insurance exchange" in final legislation--which is opposed by agent trade groups.

Insurance agents and brokers should focus on the medical loss ratio benchmark set for carriers in health care reform legislation because that will determine their future commissions.

Although the phrase has become a clich? and is grossly overused, it is appropriate to use the term "too-big-to-fail" in describing the ultimate fate of the health care reform bill passed by the Senate on Christmas Eve.

Lapse of the estate tax as of Jan. 1 has many insurance agencies concerned with inheritance issues, according to one major producer association.

Sen. Chris Dodd, D-Conn., and Sen. Byron Dorgan, D-N.D., both key allies of the insurance industry in Congress, announced they will leave the Senate at the end of their terms.

The head of a House committee said he will hold a hearing to probe allegations that Federal Reserve Bank of New York officials told American International Group not to disclose information about bailout arrangements.

Four insurance trade groups have drafted a letter urging lawmakers to give state regulators the job of setting rules governing health insurance administrative costs and sale of health policies through exchanges.