Regulation/Legislation

I am writing in regard to mischaracterizations contained in your recent article on Maurice R. ("Hank") Greenberg--"Greenberg Sends Mixed Signals on Regulatory Reform"--in your Oct. 8, 2009, edition, page 7.

Officials of America's Health Insurance Plan are apparently extending an olive branch to Senate Democratic leaders in an effort to re-open talks aimed at reshaping the health care reform legislation passed by a Senate panel earlier this week.

The Department of Homeland Security on Thursday published proposed regulations designed to standardize preparedness programs for disasters and emergencies.

Florida Insurance Commissioner Kevin McCarty announced he will approve an average statewide decrease of 6.8 percent for workers' compensation insurance rates.

State regulators, possibly within days, will approve the hiring of a firm to reassess the evaluations of 17,600 residential mortgage-backed securities downgraded by the major credit rating firms, an official said.

In legislation spurred by the near-collapse of American International Group, the House Financial Services Committee approved a bill today to significantly increase federal regulation of the credit default swaps trading.