WALTHAM - U.S. Sen. Elizabeth Warren, a Massachusetts Democrat, on Friday defended President Barack Obama’s decision to allow health insurers to issue plans for one more year that do not meet the standards set out by the Affordable Care Act, as a transitional move. “What the president’s done is said no one for a year, no insurance company, needs to cancel its coverage because of the Affordable Care Act,” Warren said, speaking to reporters after an Associated Industries of Massachusetts breakfast at the Westin Hotel in Waltham. “They’re trying to make the transition work. They’re trying to do everything they...