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Ben Nelson echoed the sentiments of the National Association of Insurance Commissioners' leadership in his first public press conference as new CEO of the organization by casting the desired relationship with the federal government as one of a partnership, not one allowing incursion, pre-emption or even dual regulation.

The National Association of Insurance Commissioners says it has named former Nebraska Senator Ben Nelson as its new chief executive officer.

The National Association of Insurance Commissioners says it has named former Nebraska Senator Ben Nelson as its new chief executive officer.

The Senate passed legislation late Dec. 28 that includes a provision to increase the borrowing authority of the National Flood Insurance Program.

The Senate passed legislation late Dec. 28 that includes a provision to increase the borrowing authority of the National Flood Insurance Program.

The Financial Stability Oversight Council is holding off designating American International Group as a systemically important financial institution, perhaps into next year, according to several sources.

The Financial Stability Oversight Council is holding off designating American International Group as a systemically important financial institution, perhaps into next year, according to several sources.

The Obama administration will ask Congress to raise the National Flood Insurance Programs borrowing authority to $25 billion, according to sources.