11/20/15 – NAIC Statement on Covered Agreement Negotiation

Statement of Monica J. Lindeen NAIC President and Montana Commissioner of Securities and Insurance:

"Today, state insurance commissioners, on behalf of the broader NAIC membership, met with representatives from the U.S. Department of the Treasury and the United States Trade Representative regarding the initiation of a covered agreement negotiation with the European Union.  We have assurances from both agencies that state regulators will have direct and meaningful participation in those discussions, and our goal will be to preserve the integrity and strength of the state-based regulatory system for the benefit of U.S. consumers and companies."