AIA Applauds Dodd's Decision to Remain Senate Banking Chairman

The American Insurance Association (AIA) on Wednesday applauded U.S. Sen. Chris Dodd's decision to remain chairman of the Senate Banking, Housing and Urban Affairs Committee in the wake of Sen. Ted Kennedy's death on Aug. 25.Dodd, D-Conn., has been a key player in the push to overhaul regulation of the financial services system. As part of that, he's been active in the debate over insurance regulation.A close friend of Kennedy's and key part of the debate over health care reform, Dodd had the option of switching chairmanships and replacing Kennedy as chairman of the Senate Heal...