; or (ii) approved by a court. (b) Rules of construction (1) In general Except as provided in paragraph (2), nothing in this section shall affect the validity or enforceability of any agreement entered into between any claimant under a covered policy and the International Commission on Holocaust Era Insurance Claims or an insurer under which the claimant has agreed to release or waive any claim in consideration for payment under a covered policy. (2) Exception Paragraph (1) shall not apply to any agreement for which the payment is denominated as humanitarian by the International Commission on Holocaust Era Insurance Claims. 6. Effect of executive agreements and executive foreign policy (a) Effect of executive agreements and executive foreign policy on State laws An executive agreement described in subsection (c)(1) and an executive foreign policy described in subsection (c)(2) shall not supercede or preempt the law of any State— (1) relating to a claim under or relating to a covered policy against the insurer for the covered policy or a related company of the insurer