Hearing on the U.S.-E.U. Insurance Agreement
January 1, 2018
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The Frame
The hearing examined an international agreement that coordinates insurance and regulation between the U.S. and the E.U., which affects how insurance companies operate across borders and how they are supervised by state and federal authorities.
Potentially affected actors named in the source documents. Mention is not a position.
Insurance and Reinsurance Companies
These companies are subject to the regulatory standards and cross-border operational rules established by the U.S.-E.U. agreement.
State Insurance Regulators
State commissioners are involved in the implementation and oversight of insurance standards that may be impacted by federal-level international agreements.
Last recorded activity January 1, 2018.
Next step not available in the current record.
Summary
Key Facts
- The hearing took place on February 16, 2017, in the Rayburn House Office Building.
- The subject was the 'U.S.-E.U. Covered Agreement' regarding insurance and reinsurance regulation.
- Testimony was provided by representatives from the Federal Insurance Office, the National Association of Insurance Commissioners, the National Association of Mutual Insurance Companies, and the American Insurance Association.
- The hearing record includes written responses to follow-up questions from committee members submitted by all four witnesses.
- The record includes supplemental letters and statements from various insurance industry groups, including the American Council of Life Insurers and Lloyd's America, Inc.
Why It Matters
The hearing examined an international agreement that coordinates insurance and regulation between the U.S. and the E.U., which affects how insurance companies operate across borders and how they are supervised by state and federal authorities.
Frequently Asked Questions
What is a 'Covered Agreement' in this context?
Who testified at this hearing?
News Coverage
Sponsors
Discoveries
Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.
Extensive Industry Input
The hearing record includes a high volume of supplemental letters from private insurance entities, indicating significant industry interest in the regulatory outcome.
Connected Entities
Sources
www.govinfo.gov
Analysis Score
0–100- Significance50How much this matters to a regular citizen
- Controversy20Intensity of disagreement among stakeholders
- Entertainment5Compellingness for a non-policy-wonk reader
- Buzz10Current news / social attention level
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