The insurance industry is offering praise for retiring Senate Banking Committee Chairman Christopher Dodd (D – Conn.), who announced last week he would not seek reelection next year.

“Senator Dodd’s leadership in the Senate has been instrumental to our industry over the years. Leigh Ann Pusey, president of the American Insurance Association (AIA) said in a statement. “He has consistently delivered for the people of Connecticut and skillfully navigated numerous important issues affecting the property-casualty industry, including those companies anchored in his home state, with a sense of commitment, objectivity, and fairness.  

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