Battle over 'Covered Agreement' erupts in Washington

State insurance regulators want significant issues in the recent
"Covered Agreement" with the European Union either
clarified by US Treasury Secretary Steve Mnuchin or entirely
renegotiated, but industry groups have rallied to defend the accord
as a win for American insurers and reinsurers.
The National Association of Insurance Commissioners (NAIC) asked
Mnuchin to make sure of the meanings of certain provisions of the
accord that aims to harmonise regulation of insurers and reinsurers
and remov