Policyholder Protection Act of 2015

Regulation of insurance (general), general issues related to the Federal Insurance Office , general issues related to the Federal Advisory Committee on Insurance (FACI), general issues related to the Financial Stability Oversight Council (FSOC), general issues related to the Financial Stability Board (FSB), general issues related to the International Association of Insurance Supervisors (IAIS) H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015, creation/implementation of the National Association of Registered Agents and Brokers, reauthorization of the Terrorism Risk Insurance Act (general), implementation of the Homeowner Flood Insurance Affordability Act (Public Law No: 113-89), issues related to the National Flood Insurance Program (general), Implementation of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12), H.R. 1748, the Safe Building Code Incentive Act, H.R. 2141, the International Insurance Standards Transparency and Policyholder Protection Act, S. 1679/ H.R. 2901, the Flood Insurance Market Parity and Modernization Act, H.R. 1478/S. 798, the Policyholder Protection Act, S. 406/H.R. 801, The Disaster Assistance Recoupment Fairness Act of 2015,H.R. 638, the Disaster Assistance Fairness and Accountability Act,H.R. 141, the Flood Insurance Premium Parity Act of 2015, H.R. 1560, Protecting Cyber Networks Act, S.754 Cybersecurity Information Sharing Act of 2015, S. 1734, the the National Cybersecurity Protection Advancement Act of 2015, H.R.1731 - National Cybersecurity Protection Advancement Act of 2015, HR 1786, the National Windstorm Impact Reduction Act Reauthorization, H.R. 1471, the FEMA Disaster Assistance Reform Act of 2015, H.R. 2918, the Flood Insurance Fairness Act, H.R. 2230, the Disaster Savings Accounts Act of 2015, S. 1086, the International Insurance Capital Standards Accountability Act of 2015, S. 1484, the Financial Regulatory Improvement Act of 2015, S. 2324/H.R. 4107, the Flood Insurance Transparency and Accountability Act of 2015, H.R.2205, the Data Security Act of 2015, Issues related to insurance and the Policyholder Protection Act in H.R.2029 - Consolidated Appropriations Act, 2016,issues related to the reauthorization of the National Flood Insurance Program, Comments on the Federal Emergency Management Agency's Establishing a Deductible for FEMAs Public Assistance Program Docket ID FEMA-2016-0003, H.R. 4866, the Flood Insurance Rate Increase Suspension Act of 2016, Federal Register Notice of Proposed Rulemaking FEMA-2016-0012 Proposal to Remove Financial Assistance/Subsidy Arrangement proposal to remove from National Flood Insurance Program regulations, H.R. 5143, the Transparent Insurance Standards Act of 2016, H.R. 5983, the Financial CHOICE Act, H.R. 6032, the Data Breach Security Act

Client expense: $101,251 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Risk Management Agency, SENATE, Treasury, Dept of

H.R. 23- Windstorm Impact Reduction Program (Enacted) H.R. 26- Terrorism Risk Insurance (Enacted) H.R. 141- Flood Insurance H.R. 494- Health Insurance H.R. 947- National Flood Insurance Act H.R. 1478- Policy Holder Protection Act H.R. 2141- International Insurance H.R. 2205- Data Security H.R. 2901- Flood Insurance H.R. 2918- Flood Insurance H.R. 3456- Flood Insurance H.R. 3794- Risk Retention H.R. 4107- Flood Insurance H.R. 4441- Insurers using drones following a state or federal disaster H.R. 4866- Flood Insurance H.R. 4947- Flood Insurance H.R. 5143- International Insurance H.R. 5953- National Flood Insurance Program H.R. 6032- Cybersecurity H.R. 6104- National Flood Insurance Program H.R. 6196- National Flood Insurance Program H.R. 6434- Flood insurance H.R. 6436- International insurance No #: Taxes; insurance S. 487- Flood Insurance S. 798- Policyholder Protection Act S. 1086- International Capital Standards S. 1484- International Insurance S. 1561- Reinsurance S. 1679- Flood Insurance S. 2324- Flood Insurance S. 2909- TRIA S. 3442- TRIA No #: Flood insurance bills (Luetkemeyer & Velazquez) **Issues lobbied without specific bill numbers: Covered Agreements, Senate Financial Services and General Government Appropriations

Client expense: $790,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Highway Administration (FHA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Natl Geospatial Intelligence Agency, Natl Highway Traffic Safety Administration (NHTSA), Natl Transportation Safety Board (NTSB), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Issues related to: Flood Insurance; Retirement Security/Annuities; H.R.1550, To amend the Financial Stability Act of 2010 to improve the transparency of the Financial Stability Oversight Council, to improve the Systemically Important Financial Institution (SIFI) designation process, and for other purposes; H.R.1309, Systemic Risk Designation Improvement Act of 2015; S.1484 Financial Regulatory Improvement Act of 2015; H.R.141 Flood Insurance Premium Parity Act of 2015; H.R.1478 The Policy Holder Protection Act; S.1679 Flood Insurance Market Parity and Modernization Act; H.R 2901, Flood Insurance Market Parity and Modernization Act; H.R 1550 Financial Stability Oversight Council Improvement Act of 2015; H.R. 2141 International Insurance Standards Transparency and Policyholder Protection Act of 2015; S.1086 International Insurance Capital Standards Accountability Act; H.R. 2029, Consolidated Appropriations Act of 2016; and H.R.3738, Office of Financial Research Accountability Act of 2015; Financial Stability Oversight Council Reform Act (H.R.3340); H.R. 4538 Seniors And Veterans Emergency Benefits Act or the SAVE Benefits Act and S. 2216 Senior$afe Act of 2015

Client expense: $950,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

S 2244-Terrorism Risk Insurance Program Reauthorization Act of 2014 - Amends TRIA 2002 to extend the Terrorism Insurance program through December 31, 2021 S 754 - Cybersecurity Information Sharing Act of 2015(CISA)-an original bill to improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1560 - Protecting Cyber Networks Act - To improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1731 - National Cybersecurity Protection Advancement Act of 2015 - Overall, requires Government to work harder to share both classified and declassified threat information with the private sector HR 1770/S. 177- Data Security and Breach Notification Act of 2015 - Would replace a patchwork of state data security breach notification laws with a national standard HR 1704 - Personal Data Notification & Protection Act of 2015 - Establishes a national 30-day notification standard from the discovery of a breach. Criminalizes illicit overseas trade in identities S. 456 - Cyber Threat Sharing Act of 2015 - A bill to codify mechanisms for enabling cybersecurity threat indicator sharing between private and government entities, as well as among private entities, to better protect information systems (No bill number yet) - Carper-Blunt Data Security Act of 2015 - Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) HR - 526 - Furthering Asbestos Claims Transparency (FACT) Act - To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos; and for other purposes Upcoming Reauthorization of the National Flood Insurance Program (No bill number) HR 26 - Terrorism Risk Insurance Program Reauthorization Act of 2015 - To extend the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer protection Act Section 333 of the 2012 FAA Reauthorization - allows the Dept. of Transportation to regulate the use of UAS (drones) FAA Small UAS Notice of Proposed Rulemaking - The FAA proposal offers safety arules for small UAS (under 55 pounds) conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits HR 2205/S. 961 - Data Security Act of 2015 - To protect financial information relating to consumers, to require notice of security breaches, and for other purposes HR 1471 - FEMA Disaster Assistance Reform Act of 2015- Authorizes Appropriations for the Federal Emergency Management Agency (FEMA) for FY2016-FY2018 for mamagement and administration. Directs FEMA to: (1) study and report on physical tresting standards for electric utility facilities, (2) report to specified congressional committees on agency plans to provide guidance to applicants for disaster assistance on FEMA disaster funding procedures and to maintain appropriate records during the lifecycle of a disaster, and (3) identify in its report new technologies to assist the disaster workforce during a disaster or emergency HR 1478 Safe Building Code Incentive Act- Amends the Robert T. Stafford Disaster Relief and Emergency Act to authorize the President to increase the maximum total of contributions for a major disaster by an amount equal to 4% of the estimated aggregate amount of grants to be made under the Act, if at that time of a declaration of a major disaster the affected state has in effect and is actively enforcing anapproved state building code HR 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015 - To require consultation with Congress, insurers, and consumers with respect to domestic insurance and international insurance standards, regulations, or frameworks, and for other purposes S 1484 - Financial Regulatory Improvement Act of 2015 HR 2029- Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2016, and for other purposes HR 4441 - The Aviation Innovation, Reform, and Reauthorization (AIRR) Act - to transfer operation of air traffic services currently provided by the Federal Aviation Administration to separate not-for-profit corporate entity, to reauthorize and streamline programs of the Federal Aviation Administration, and for other purposes S. 2658 The Federal Aviation Administration (FAA) Reauthorization Act of 2016 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration for fiscal years 2016 through 2017, and for other purposes HR 5177 - National Mitigation Investment Act - The bill will offer states incentives for adopting safer building codes and authorize the first comprehensive study of our nation's disaster response system in over 20 years HR 5143- Transparent Insurance Standards Act - To provide greater transparency and congressional oversight of international insurance standards setting processes, and for other purposes HR 5983 - Financial CHOICE Act of 2016 - Implements a number of changes to the 2010 Dodd-Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards

Client expense: $820,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

EGRPRA Regulatory Review - Identify provisions that my provide regulatory relief. HR 1660 - Federal Savings Association Charter Flexibility Act of 2015 - HOLA amendments providing flexibility to operate as a national bank. CFPB revision package - Provisions subjecting the agency to additional oversight. HR 9 - The Innovation Act - Provisions addressing vague demand letter of patent trolls. HR 601 - Provisions eliminating privacy notice disclosure requirements. HR 1265 - Bureau Advisory Commission Transparency Act - Advisory counsel for the CFPB HR 1480 SAFE Act - confidentiality of information banks share with state regulators. HR 1660-Federal Savings Association Charter Flexibility Act - charter flexibility HR 1233 - CLEARR Act - Regulatory reduction provisions S 1484-Financial Regulation Improvement Act - Regulatory reduction provisions. S 2896 - TAILOR Act- Regulatory reduction provisions H1941/S774 - Financial Institutions Examination Fairness & Reform Act - timely & consistent examination report provisions. HR 5465 - Durbin Amendment repeal bill - repeal provisions. HR 2213 - Provisions for a formal grace period from enforcement under TILA-RESPA. HR 601 - Eliminate Privacy Notice Confusion Act - privacy notice exemptions. HR 1478/S798 - Policyholder Protection Act - Source of strength provisions.

Client expense: $158,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

HR1090 - Retail Investor Protection Act - SEC & DOL to work together before releasing rules relating to a fiduciary duty standard. HR 4294/S2505 - SAVERS Act - Revisions to fiduciary proposal HR 4293/S2502 - Affordable Retirement Advice Protection Act - Revisions to fiduciary proposal HR 185 - Regulatory Accountability Act - Provisions amending burdensome regulations HR 2141 - International Standards Transparency & Policyholder Protection Act - Provisions regarding regulatory consultation on domestic insurance standards. Sen Hatch report on taxes, Speaker Ryan Developing Comprehensive Tax Reform Proposal, Camp comprehensive discussion draft on tax reform, American Business Competitiveness Act - provisions impacting the insurance and banking industries. S 1484 - Financial Regulatory Improvement Act - Federal Reserve procedures, insurance advisory committee, source of strength requirements & other mid-size bank relief. House W&M Cmte tax reform blueprint - provisions impacting insurance & banking. DC Health Exchange Assessment - double taxation, impact to non health products BPC Retirement Recommendations Long Term Care Policy Recommendations HR 4510/S2270-Dodd-Frank Act Capital requirements HR 1478/S798 - Source of Strength requirements HR 5465 - Regulatory relief, capital requirements HR 5485 - Extending or limiting appropriations to our regulatory agencies HR 5143 - Transparent Insurers Standards Act - capital standards draft DI-Auto enroll legislation McCrery-Pomeroy SSDI Initiative Recommendations

Client expense: $158,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

FIN - Fourth Quarter Report - 2016 Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: protecting seniors financial security H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards H.R. 5484/S. 3067 - Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. H.R. 5983 -- Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. Draft House International Insurance Standards legislation. Issue: international insurance standards. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $800,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. H.R. 5484/S. 3067 - Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: protecting seniors financial security H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards H.R. 5983 -- Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. Draft House International Insurance Standards legislation. Issue: international insurance standards. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Holocaust era insurance policy claims. No bill number assigned. Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,134,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 23- Windstorm Impact Reduction Program (Enacted) H.R. 26- Terrorism Risk Insurance (Enacted) H.R. 141- Flood Insurance H.R. 947- National Flood Insurance Act H.R. 1478- Policy Holder Protection Act H.R. 2141- International Insurance H.R. 2205- Data Security H.R. 2901- Flood Insurance H.R. 2918- Flood Insurance H.R. 3456- Flood Insurance H.R. 3794- Risk Retention H.R. 4107- Flood Insurance H.R. 4441- Insurers using drones following a state or federal disaster H.R. 4866- Flood Insurance H.R. 4947- Flood Insurance H.R. 5143- International Insurance H.R. 5953- National Flood Insurance Program H.R. 6032- Cybersecurity H.R. 6104- National Flood Insurance Program H.R. 6196- National Flood Insurance Program No #: Taxes; insurance S. 487- Flood Insurance S. 798- Policyholder Protection Act S. 1086- International Capital Standards S. 1484- International Insurance S. 1561- Reinsurance S. 1679- Flood Insurance S. 2324- Flood Insurance S. 2909- TRIA S. 3442- TRIA No #: Taxes; insurance **Issues lobbied without specific bill numbers: Covered Agreements, Senate Financial Services and General Government Appropriations

Client expense: Not reported · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Highway Administration (FHA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Natl Geospatial Intelligence Agency, Natl Highway Traffic Safety Administration (NHTSA), Natl Transportation Safety Board (NTSB), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Implementation of Public Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically, provisions on risk, insurance oversight (Federal Insurance Office), and potential CFPB activities related to P&C insurance. Discussions on U.S. and global designation of systemically relevant non-bank financial firms. General discussions on Insurance Capital Investment. General discussions on Commercial Insurance regulation. General issues related to resilience and mitigation, as related to P&C insurance. Legislation and proposals regarding natural catastrophe related policies. Legislation and proposals regarding the insurability of cyber exposures, including: S.456, Cyber Threat Sharing Act of 2015; S.754, Cybersecurity Information Sharing Act of 2015; H.R.1560, Protecting Cyber Networks Act; H.R.234, Cyber Intelligence Sharing and Protection Act; S.177, Data Security and Breach Notification Act of 2015; H.R.580, Data Accountability and Trust Act; H.R. 1704, Personal Data Notification and Protection Act; H.R. 2205/S. 961, Data Security Act of 2015; and H.R. 6032, Data Breach Insurance Act. General discussions on issues related to Surety Bonds, including: surety provisions in public-private partnerships; H.R. 413, Partnership to Build America Act of 2015; S. 1526, Construction Consensus Procurement Improvement Act of 2015; H.R. 5293/S. 3000, National Defense Authorization Act for Fiscal Year 2017, provisions on construction procurement; S. 2848/H.R. 5303, Water Resources Development Act of 2016. Implementation of Pub. L. No. 1144, Terrorism Risk Insurance Program Reauthorization Act of 2015, data collection provisions and control/ownership clarifications. Legislation and proposals regarding the development of international capital standards for internationally-active insurance groups, including: S. 1484, Financial Regulatory Improvement Act; S. 1086, International Insurance Capital Standards Accountability Act of 2015; H.R. 2141, International Insurance Standards Transparency and Policy Protection Act of 2015; S. 1491, Community Lender Regulatory Relief and Consumer Protection Act of 2015; H.R. 5485/S. 3067, Financial Services and General Government Appropriations bill for Fiscal Year 2017; S. 798/H.R. 1478, Policyholder Protection Act of 2015; H.R. 5143, Transparent Insurance Standards Act of 2016. H.R. 3794, Nonprofit Property Protection Act. General discussions related to the national flood insurance program focused on pre-event mitigation and long term resilience.

Client expense: $300,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Regulation of insurance (general), general issues related to the Federal Insurance Office , general issues related to the Federal Advisory Committee on Insurance (FACI), general issues related to the Financial Stability Oversight Council (FSOC), general issues related to the Financial Stability Board (FSB), general issues related to the International Association of Insurance Supervisors (IAIS) H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015, creation/implementation of the National Association of Registered Agents and Brokers, reauthorization of the Terrorism Risk Insurance Act (general), implementation of the Homeowner Flood Insurance Affordability Act (Public Law No: 113-89), issues related to the National Flood Insurance Program (general), Implementation of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12), H.R. 1748, the Safe Building Code Incentive Act, H.R. 2141, the International Insurance Standards Transparency and Policyholder Protection Act, S. 1679/ H.R. 2901, the Flood Insurance Market Parity and Modernization Act, H.R. 1478/S. 798, the Policyholder Protection Act, S. 406/H.R. 801, The Disaster Assistance Recoupment Fairness Act of 2015,H.R. 638, the Disaster Assistance Fairness and Accountability Act,H.R. 141, the Flood Insurance Premium Parity Act of 2015, H.R. 1560, Protecting Cyber Networks Act, S.754 Cybersecurity Information Sharing Act of 2015, S. 1734, the the National Cybersecurity Protection Advancement Act of 2015, H.R.1731 - National Cybersecurity Protection Advancement Act of 2015, HR 1786, the National Windstorm Impact Reduction Act Reauthorization, H.R. 1471, the FEMA Disaster Assistance Reform Act of 2015, H.R. 2918, the Flood Insurance Fairness Act, H.R. 2230, the Disaster Savings Accounts Act of 2015, S. 1086, the International Insurance Capital Standards Accountability Act of 2015, S. 1484, the Financial Regulatory Improvement Act of 2015, S. 2324/H.R. 4107, the Flood Insurance Transparency and Accountability Act of 2015, H.R.2205, the Data Security Act of 2015, Issues related to insurance and the Policyholder Protection Act in H.R.2029 - Consolidated Appropriations Act, 2016,issues related to the reauthorization of the National Flood Insurance Program, Comments on the Federal Emergency Management Agency's Establishing a Deductible for FEMAs Public Assistance Program Docket ID FEMA-2016-0003, H.R. 4866, the Flood Insurance Rate Increase Suspension Act of 2016, Federal Register Notice of Proposed Rulemaking FEMA-2016-0012 Proposal to Remove Financial Assistance/Subsidy Arrangement proposal to remove from National Flood Insurance Program regulations, H.R. 5143, the Transparent Insurance Standards Act of 2016, H.R. 5983, the Financial CHOICE Act, H.R. 6032, the Data Breach Security Act

Client expense: $84,794 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Risk Management Agency, SENATE, Treasury, Dept of

Issues related to Private Flood Insurance Legislation; H.R. 141 Flood Insurance Premium Parity Act of 2015 H.R. 947 National Flood Insurance Act H.R. 1478 Policyholder Protection Act of 2015 H.R. 2205 Data Security Act of 2015 H.R. 2901 Flood Insurance Market Parity and Modernization Act H.R. 2918 Flood Insurance Fairness Act of 2015 H.R. 3456 Flood Insurance Mitigation and Policyholder Protection Act of 2015 H.R. 4107 Flood Insurance Transparency and Accountability Act of 2015 H.R. 5143 Transparent Insurance Standards Act of 2016 H.R. 5953 National Flood Insurance Program Debt Forgiveness Act of 2016 H.R. 6104 Timely Payments for Flood Victims Act of 2016 H.R. 6196 Amendment of National Flood Insurance Act of 1968 S. 798Policyholder Protection Act of 2015 S. 1086International Insurance Capital Standards Accountability Act of 2015 S. 1484Financial Regulatory Improvement Act of 2015 S. 1679Flood Insurance Market Parity and Modernization Act S. 2324 Flood Insurance Transparency and Accountability Act of 2015

Client expense: $200,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/ S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Financial Services and General Government Appropriations Act, 2016. Making appropriations for financial services and general government for the fiscal year ending September 30, 2016, and for other purposes. Issue: Global insurance standards H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity source of strength, financial regulatory reform, Department of Labors proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: safe harbor for reporting of suspected senior financial abuse HR 5983: Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Holocaust era insurance policy claims. No bill number assigned. Issue: Patent reform legislation. No bill number assigned.

Client expense: $620,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

FIN - Third Quarter Report - 2016 Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: protecting seniors financial security H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards H.R. 5484/S. 3067 - Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. H.R. 5983 -- Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. Draft House International Insurance Standards legislation. Issue: international insurance standards. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,230,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Arbitration Related Legislation Asbestos Related Legislation H.R. 526, Furthering Asbestos Claim Transparency Act of 2015 Bankruptcy Transparency Issues Budget Issues Municipal Surety Bond Related Issues Coast Wind Issues Climate Change Natural Catastrophe Related Legislation Credit Scoring and the Use of Credit as Underwriting Tool Issues Cyber-security Related Legislation S. 754, Cybersecurity Information Sharing Act of 2015 S. 456, Cyber Threat Sharing Act of 2015 H.R. 1560, Protecting Cyber Networks Act H.R. 1731, National Cybersecurity Protection Advancement Act of 2015 Dodd-Frank Related Legislation Expansion to the Risk Retention Act FAA Reauthorization H.R. 1309, Systemic Risk Designation Improvement Act of 2015 H.R. 1478, Policyholder Protection Act of 2015 S. 798, Policyholder Protection Act of 2015 Insurance issues relating to the authority of the Financial Stability Oversight Council Insurance issues relating to the Office of Financial Research Issues relating to Financial Services Systemic Risk Proposals Insurance issues relating to Federal Resolution Authority Issues relating to the Federal Insurance Office Insurance issues relating to liquidation authority for systemically important financial institutions and the plans for US and global regulators for higher capital requirements for financial institutions. Medical Liability Reform Medicare Secondary Payer and Workers' Compensation Settlement Agreements National Flood Insurance Program and Related Legislation SEC issues related to the implementation of the Dodd-Frank Act Tax Code Reform Related Issues S. 698, Marketplace Fairness Act of 2015 Terrorism Risk Insurance and Related Issues Tort Reform Related Issues Trade Promotion Authority Issues McCarran-Ferguson Reform and Modernization Patent Reform Issues Relating to Health Insurance Reform Shareholder Liability Related Issues State Bankruptcy Issues Bank Tax Issues

Client expense: $790,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

EGRPRA Regulatory Review - Identify provisions that my provide regulatory relief. HR 1660 - Federal Savings Association Charter Flexibility Act of 2015 - HOLA amendments providing flexibility to operate as a national bank. CFPB revision package - Provisions subjecting the agency to additional oversight. HR 9 - The Innovation Act - Provisions addressing vague demand letter of patent trolls. HR 601 - Provisions eliminating privacy notice disclosure requirements. HR 1265 - Bureau Advisory Commission Transparency Act - Advisory counsel for the CFPB HR 1480 SAFE Act - confidentiality of information banks share with state regulators. HR 1660-Federal Savings Association Charter Flexibility Act - charter flexibility HR 1233 - CLEARR Act - Regulatory reduction provisions S 1484-Financial Regulation Improvement Act - Regulatory reduction provisions. S 2896 - TAILOR Act- Regulatory reduction provisions H1941/S774 - Financial Institutions Examination Fairness & Reform Act - timely & consistent examination report provisions. HR 5465 - Durbin Amendment repeal bill - repeal provisions. HR 2213 - Provisions for a formal grace period from enforcement under TILA-RESPA. HR 601 - Eliminate Privacy Notice Confusion Act - privacy notice exemptions. HR 1478/S798 - Policyholder Protection Act - Source of strength provisions.

Client expense: $288,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

HR1090 - Retail Investor Protection Act - SEC & DOL to work together before releasing rules relating to a fiduciary duty standard. HR 4294/S2505 - SAVERS Act - Revisions to fiduciary proposal HR 4293/S2502 - Affordable Retirement Advice Protection Act - Revisions to fiduciary proposal HR 185 - Regulatory Accountability Act - Provisions amending burdensome regulations HR 2141 - International Standards Transparency & Policyholder Protection Act - Provisions regarding regulatory consultation on domestic insurance standards. Sen Hatch report on taxes, Speaker Ryan Developing Comprehensive Tax Reform Proposal, Camp comprehensive discussion draft on tax reform, American Business Competitiveness Act - provisions impacting the insurance and banking industries. S 1484 - Financial Regulatory Improvement Act - Federal Reserve procedures, insurance advisory committee, source of strength requirements & other mid-size bank relief. House W&M Cmte tax reform blueprint - provisions impacting insurance & banking. DC Health Exchange Assessment - double taxation, impact to non health products BPC Retirement Recommendations Long Term Care Policy Recommendations HR 4510/S2270-Dodd-Frank Act Capital requirements HR 1478/S798 - Source of Strength requirements HR 5465 - Regulatory relief, capital requirements HR 5485 - Extending or limiting appropriations to our regulatory agencies HR 5143 - Transparent Insurers Standards Act - capital standards

Client expense: $288,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

S 2244-Terrorism Risk Insurance Program Reauthorization Act of 2014 - Amends TRIA 2002 to extend the Terrorism Insurance program through December 31, 2021 S 754 - Cybersecurity Information Sharing Act of 2015(CISA)-an original bill to improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1560 - Protecting Cyber Networks Act - To improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1731 - National Cybersecurity Protection Advancement Act of 2015 - Overall, requires Government to work harder to share both classified and declassified threat information with the private sector HR 1770/S. 177- Data Security and Breach Notification Act of 2015 - Would replace a patchwork of state data security breach notification laws with a national standard HR 1704 - Personal Data Notification & Protection Act of 2015 - Establishes a national 30-day notification standard from the discovery of a breach. Criminalizes illicit overseas trade in identities S. 456 - Cyber Threat Sharing Act of 2015 - A bill to codify mechanisms for enabling cybersecurity threat indicator sharing between private and government entities, as well as among private entities, to better protect information systems (No bill number yet) - Carper-Blunt Data Security Act of 2015 - Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) HR - 526 - Furthering Asbestos Claims Transparency (FACT) Act - To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos; and for other purposes Upcoming Reauthorization of the National Flood Insurance Program (No bill number) HR 26 - Terrorism Risk Insurance Program Reauthorization Act of 2015 - To extend the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer protection Act Section 333 of the 2012 FAA Reauthorization - allows the Dept. of Transportation to regulate the use of UAS (drones) FAA Small UAS Notice of Proposed Rulemaking - The FAA proposal offers safety arules for small UAS (under 55 pounds) conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits HR 2205/S. 961 - Data Security Act of 2015 - To protect financial information relating to consumers, to require notice of security breaches, and for other purposes HR 1471 - FEMA Disaster Assistance Reform Act of 2015- Authorizes Appropriations for the Federal Emergency Management Agency (FEMA) for FY2016-FY2018 for mamagement and administration. Directs FEMA to: (1) study and report on physical tresting standards for electric utility facilities, (2) report to specified congressional committees on agency plans to provide guidance to applicants for disaster assistance on FEMA disaster funding procedures and to maintain appropriate records during the lifecycle of a disaster, and (3) identify in its report new technologies to assist the disaster workforce during a disaster or emergency HR 1478 Safe Building Code Incentive Act- Amends the Robert T. Stafford Disaster Relief and Emergency Act to authorize the President to increase the maximum total of contributions for a major disaster by an amount equal to 4% of the estimated aggregate amount of grants to be made under the Act, if at that time of a declaration of a major disaster the affected state has in effect and is actively enforcing anapproved state building code HR 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015 - To require consultation with Congress, insurers, and consumers with respect to domestic insurance and international insurance standards, regulations, or frameworks, and for other purposes S 1484 - Financial Regulatory Improvement Act of 2015 HR 2029- Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2016, and for other purposes HR 4441 - The Aviation Innovation, Reform, and Reauthorization (AIRR) Act - to transfer operation of air traffic services currently provided by the Federal Aviation Administration to separate not-for-profit corporate entity, to reauthorize and streamline programs of the Federal Aviation Administration, and for other purposes S. 2658 The Federal Aviation Administration (FAA) Reauthorization Act of 2016 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration for fiscal years 2016 through 2017, and for other purposes HR 5177 - National Mitigation Investment Act - The bill will offer states incentives for adopting safer building codes and authorize the first comprehensive study of our nation's disaster response system in over 20 years HR 5143- Transparent Insurance Standards Act - To provide greater transparency and congressional oversight of international insurance standards setting processes, and for other purposes Financial CHOICE Act - (still in draft form) Implements a number of changes to the 2010 Dodd-Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards

Client expense: $1,020,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

Issues related to: Flood Insurance; Retirement Security/Annuities; H.R.1550, To amend the Financial Stability Act of 2010 to improve the transparency of the Financial Stability Oversight Council, to improve the Systemically Important Financial Institution (SIFI) designation process, and for other purposes; H.R.1309, Systemic Risk Designation Improvement Act of 2015; S.1484 Financial Regulatory Improvement Act of 2015; H.R.141 Flood Insurance Premium Parity Act of 2015; H.R.1478 The Policy Holder Protection Act; S.1679 Flood Insurance Market Parity and Modernization Act; H.R 2901, Flood Insurance Market Parity and Modernization Act; H.R 1550 Financial Stability Oversight Council Improvement Act of 2015; H.R. 2141 International Insurance Standards Transparency and Policyholder Protection Act of 2015; S.1086 International Insurance Capital Standards Accountability Act; H.R. 2029, Consolidated Appropriations Act of 2016; and H.R.3738, Office of Financial Research Accountability Act of 2015; Financial Stability Oversight Council Reform Act (H.R.3340); H.R. 4538 Seniors And Veterans Emergency Benefits Act or the SAVE Benefits Act and S. 2216 SAFE Benefits Act

Client expense: $940,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 23- Windstorm Impact Reduction Program (Enacted) H.R. 26- Terrorism Risk Insurance (Enacted) H.R. 141- Flood Insurance H.R. 947- National Flood Insurance Act H.R. 1478- Policy Holder Protection Act H.R. 2141- International Insurance H.R. 2205- Data Security H.R. 2901- Flood Insurance H.R. 2918- Flood Insurance H.R. 3456- Flood Insurance H.R. 3794- Risk Retention H.R. 4107- Flood Insurance H.R. 4441- Insurers using drones following a state or federal disaster H.R. 4866- Flood Insurance H.R. 4947- Flood Insurance H.R. 5143- International Insurance H.R. 5953- National Flood Insurance Program H.R. 6032- Cybersecurity H.R. 6104- National Flood Insurance Program H.R. 6196- National Flood Insurance Program No #: Taxes; insurance S. 487- Flood Insurance S. 798- Policyholder Protection Act S. 1086- International Capital Standards S. 1484- International Insurance S. 1561- Reinsurance S. 1679- Flood Insurance S. 2324- Flood Insurance S. 2909- TRIA S. 3442- TRIA No #: Taxes; insurance **Issues lobbied without specific bill numbers: Covered Agreements, Senate Financial Services and General Government Appropriations

Client expense: $1,010,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Highway Administration (FHA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Natl Geospatial Intelligence Agency, Natl Highway Traffic Safety Administration (NHTSA), Natl Oceanic & Atmospheric Administration (NOAA), Natl Transportation Safety Board (NTSB), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. H.R. 5484/S. 3067 - Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: protecting seniors financial security H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards H.R. 5983 -- Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. Draft House International Insurance Standards legislation. Issue: international insurance standards. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Holocaust era insurance policy claims. No bill number assigned. Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,071,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Implementation of Public Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically, provisions on risk, insurance oversight (Federal Insurance Office), and potential CFPB activities related to P&C insurance. Discussions on U.S. and global designation of systemically relevant non-bank financial firms. General discussions on Insurance Capital Investment. General discussions on Commercial Insurance regulation. General issues related to resilience and mitigation, as related to P&C insurance. Legislation and proposals regarding natural catastrophe related policies. Legislation and proposals regarding the insurability of cyber exposures, including: S.456, Cyber Threat Sharing Act of 2015; S.754, Cybersecurity Information Sharing Act of 2015; H.R.1560, Protecting Cyber Networks Act; H.R.234, Cyber Intelligence Sharing and Protection Act; S.177, Data Security and Breach Notification Act of 2015; H.R.580, Data Accountability and Trust Act; H.R. 1704, Personal Data Notification and Protection Act; and H.R. 2205/S. 961, Data Security Act of 2015. General discussions on issues related to Surety Bonds, including: surety provisions in public-private partnerships; H.R. 413, Partnership to Build America Act of 2015; S. 1526, Construction Consensus Procurement Improvement Act of 2015; National Defense Authorization Act for Fiscal Year 2017, provisions on construction procurement; S. 2848/H.R. 5303, Water Resources Development Act of 2016. Implementation of Pub. L. No. 1144, Terrorism Risk Insurance Program Reauthorization Act of 2015, data collection provisions and control/ownership clarifications. Legislation and proposals regarding the development of international capital standards for internationally-active insurance groups, including: S. 1484, Financial Regulatory Improvement Act; S. 1086, International Insurance Capital Standards Accountability Act of 2015; H.R. 2141, International Insurance Standards Transparency and Policy Protection Act of 2015; S. 1491, Community Lender Regulatory Relief and Consumer Protection Act of 2015; Financial Services and General Government Appropriations bill for Fiscal Year 2017; S. 798/H.R. 1478, Policyholder Protection Act of 2015; H.R. 5143 Transparent Insurance Standards Act of 2016. H.R. 3794, Nonprofit Property Protection Act. General discussions related to the national flood insurance program focused on pre-event mitigation and long term resilience.

Client expense: $390,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Issues related to Private Flood Insurance Legislation; H.R. 26Terrorism Risk Insurance Program Reauthorization Act of 2015 H.R. 141 Flood Insurance Premium Parity Act of 2015 H.R. 947 National Flood Insurance Act H.R. 1478 Policyholder Protection Act of 2015 H.R. 2901 Flood Insurance Market Parity and Modernization Act H.R. 2918 Flood Insurance Fairness Act of 2015 H.R. 3456 Flood Insurance Mitigation and Policyholder Protection Act of 2015 S. 798Policyholder Protection Act of 2015 S. 1086International Insurance Capital Standards Accountability Act of 2015 S. 1484Financial Regulatory Improvement Act of 2015 S. 1679Flood Insurance Market Parity and Modernization Act

Client expense: $150,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 23- Windstorm Impact Reduction Program (Enacted) H.R. 26- Terrorism Risk Insurance (Enacted) H.R. 141- Flood Insurance H.R. 947- National Flood Insurance Act H.R. 1478- Policy Holder Protection Act H.R. 2141- International Insurance H.R. 2205- Data Security H.R. 2901- Flood Insurance H.R. 2918- Flood Insurance H.R. 3456- Flood Insurance H.R. 3794- Risk Retention H.R. 4441- Insurers using drones following a state or federal disaster H.R. 4866- Flood Insurance H.R. 4947- Flood Insurance H.R. 5143- International Insurance No #: Financial Services and General Government Appropriations Bill 2017- International & Flood Insurance S. 487- Flood Insurance S. 798- Policyholder Protection Act S. 1086- International Capital Standards S. 1484- International Insurance S. 1561- Reinsurance S. 1679- Flood Insurance S. 2909- TRIA **Issues lobbied without specific bill numbers: Covered Agreements, Senate Financial Services and General Government Appropriations

Client expense: $1,420,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Highway Administration (FHA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Natl Geospatial Intelligence Agency, Natl Highway Traffic Safety Administration (NHTSA), Natl Oceanic & Atmospheric Administration (NOAA), Natl Transportation Safety Board (NTSB), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Arbitration Related Legislation Asbestos Related Legislation H.R. 526, Furthering Asbestos Claim Transparency Act of 2015 Bankruptcy Transparency Issues Budget Issues Municipal Surety Bond Related Issues Coast Wind Issues Climate Change Natural Catastrophe Related Legislation Credit Scoring and the Use of Credit as Underwriting Tool Issues Cyber-security Related Legislation S. 754, Cybersecurity Information Sharing Act of 2015 S. 456, Cyber Threat Sharing Act of 2015 H.R. 1560, Protecting Cyber Networks Act H.R. 1731, National Cybersecurity Protection Advancement Act of 2015 Dodd-Frank Related Legislation Expansion to the Risk Retention Act FAA Reauthorization H.R. 1309, Systemic Risk Designation Improvement Act of 2015 H.R. 1478, Policyholder Protection Act of 2015 S. 798, Policyholder Protection Act of 2015 Insurance issues relating to the authority of the Financial Stability Oversight Council Insurance issues relating to the Office of Financial Research Issues relating to Financial Services Systemic Risk Proposals Insurance issues relating to Federal Resolution Authority Issues relating to the Federal Insurance Office Insurance issues relating to liquidation authority for systemically important financial institutions and the plans for US and global regulators for higher capital requirements for financial institutions. Medical Liability Reform Medicare Secondary Payer and Workers' Compensation Settlement Agreements National Flood Insurance Program and Related Legislation SEC issues related to the implementation of the Dodd-Frank Act Tax Code Reform Related Issues S. 698, Marketplace Fairness Act of 2015 Terrorism Risk Insurance and Related Issues Tort Reform Related Issues Trade Promotion Authority Issues McCarran-Ferguson Reform and Modernization Patent Reform Issues Relating to Health Insurance Reform Shareholder Liability Related Issues State Bankruptcy Issues Bank Tax Issues

Client expense: $580,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/ S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Financial Services and General Government Appropriations Act, 2016. Making appropriations for financial services and general government for the fiscal year ending September 30, 2016, and for other purposes. Issue: Global insurance standards H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity source of strength, financial regulatory reform, Department of Labors proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: safe harbor for reporting of suspected senior financial abuse Draft House international Insurance Standards legislation. Issue: International insurance standards. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned.

Client expense: $640,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/ S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Financial Services and General Government Appropriations Act, 2016. Making appropriations for financial services and general government for the fiscal year ending September 30, 2016, and for other purposes. Issue: Global insurance standards H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity source of strength, financial regulatory reform, Department of Labors proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: safe harbor for reporting of suspected senior financial abuse Discussion draft: Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. Draft House international Insurance Standards legislation. Issue: International insurance standards. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned.

Client expense: $460,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

FIN - Second Quarter Report - 2016 Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: protecting seniors financial security H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards H.R. 5484/S. 3067 - Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. Draft House International Insurance Standards legislation. Issue: international insurance standards. Discussion draft: Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,260,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Regulation of insurance (general), general issues related to the Federal Insurance Office , general issues related to the Federal Advisory Committee on Insurance (FACI), general issues related to the Financial Stability Oversight Council (FSOC), general issues related to the Financial Stability Board (FSB), general issues related to the International Association of Insurance Supervisors (IAIS) H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015, creation/implementation of the National Association of Registered Agents and Brokers, reauthorization of the Terrorism Risk Insurance Act (general), implementation of the Homeowner Flood Insurance Affordability Act (Public Law No: 113-89), issues related to the National Flood Insurance Program (general), Implementation of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12), H.R. 1748, the Safe Building Code Incentive Act, H.R. 2141, the International Insurance Standards Transparency and Policyholder Protection Act, S. 1679/ H.R. 2901, the Flood Insurance Market Parity and Modernization Act, H.R. 1478/S. 798, the Policyholder Protection Act, S. 406/H.R. 801, The Disaster Assistance Recoupment Fairness Act of 2015,H.R. 638, the Disaster Assistance Fairness and Accountability Act,H.R. 141, the Flood Insurance Premium Parity Act of 2015, H.R. 1560, Protecting Cyber Networks Act, S.754 Cybersecurity Information Sharing Act of 2015, S. 1734, the the National Cybersecurity Protection Advancement Act of 2015, H.R.1731 - National Cybersecurity Protection Advancement Act of 2015, HR 1786, the National Windstorm Impact Reduction Act Reauthorization, H.R. 1471, the FEMA Disaster Assistance Reform Act of 2015, H.R. 2918, the Flood Insurance Fairness Act, H.R. 2230, the Disaster Savings Accounts Act of 2015, S. 1086, the International Insurance Capital Standards Accountability Act of 2015, S. 1484, the Financial Regulatory Improvement Act of 2015, S. 2324/H.R. 4107, the Flood Insurance Transparency and Accountability Act of 2015, H.R.2205, the Data Security Act of 2015, Issues related to insurance and the Policyholder Protection Act in H.R.2029 - Consolidated Appropriations Act, 2016,issues related to the reauthorization of the National Flood Insurance Program, Legislation to address International insurance negotiations (not yet introduced), Comments on the Federal Emergency Management Agency's Establishing a Deductible for FEMAs Public Assistance Program Docket ID FEMA-2016-0003, H.R. 4866, the Flood Insurance Rate Increase Suspension Act of 2016,

Client expense: $99,088 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Risk Management Agency, SENATE, Treasury, Dept of

Issues related to: Flood Insurance; Retirement Security/Annuities, Department of Labor definition of fiduciary duty; H.R.1550, To amend the Financial Stability Act of 2010 to improve the transparency of the Financial Stability Oversight Council, to improve the Systemically Important Financial Institution (SIFI) designation process, and for other purposes; H.R.1309, Systemic Risk Designation Improvement Act of 2015; S.1484 Financial Regulatory Improvement Act of 2015; H.R.141 Flood Insurance Premium Parity Act of 2015; H.R.1478 The Policy Holder Protection Act; S.1679 Flood Insurance Market Parity and Modernization Act; H.R 2901, Flood Insurance Market Parity and Modernization Act; H.R 1550 Financial Stability Oversight Council Improvement Act of 2015; H.R. 2141 International Insurance Standards Transparency and Policyholder Protection Act of 2015; S.1086 International Insurance Capital Standards Accountability Act; H.R.1090 Retail Investor Protection Act; H.R. 2029, Consolidated Appropriations Act of 2016; and H.R. 3738, Office of Financial Research Accountability Act of 2015. H.R.4293, Affordable Retirement Advice Protection Act; H.R.4294, Strengthening Access to Valuable Education and Retirement Support Act (SAVERS Act) of 2015; S.2502, Affordable Retirement Advice Protection Act; S.2505, SAVERS Act of 2016; S.2497, Retail Investor Protection Act of 2016; Financial Stability Oversight Council Reform Act (H.R.3340).

Client expense: $1,100,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

EGRPRA Regulatory Review - Identify provisions that my provide regulatory relief. HR 1660 - Federal Savings Association Charter Flexibility Act of 2015 - HOLA amendments providing flexibility to operate as a national bank. CFPB revision package - Provisions subjecting the agency to additional oversight. HR 9 - The Innovation Act - Provisions addressing vague demand letter of patent trolls. HR 601 - Provisions eliminating privacy notice disclosure requirements. HR 1265 - Bureau Advisory Commission Transparency Act - Advisory counsel for the CFPB HR 1480 SAFE Act - confidentiality of information banks share with state regulators. HR 1660-Federal Savings Association Charter Flexibility Act - charter flexibility HR 1233 - CLEARR Act - Regulatory reduction provisions S 1484-Financial Regulation Improvement Act - Regulatory reduction provisions. S 2896 - TAILOR Act- Regulatory reduction provisions H1941/S774 - Financial Institutions Examination Fairness & Reform Act - timely & consistent examination report provisions. HR 5465 - Durbin Amendment repeal bill - repeal provisions. HR 2213 - Provisions for a formal grace period from enforcement under TILA-RESPA. HR 601 - Eliminate Privacy Notice Confusion Act - privacy notice exemptions. HR 1478/S798 - Policyholder Protection Act - Source of strength provisions.

Client expense: $125,000 · Firm income: Not reported

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE

S 2244-Terrorism Risk Insurance Program Reauthorization Act of 2014 - Amends TRIA 2002 to extend the Terrorism Insurance program through December 31, 2021 S 754 - Cybersecurity Information Sharing Act of 2015(CISA)-an original bill to improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1560 - Protecting Cyber Networks Act - To improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1731 - National Cybersecurity Protection Advancement Act of 2015 - Overall, requires Government to work harder to share both classified and declassified threat information with the private sector HR 1770/S. 177- Data Security and Breach Notification Act of 2015 - Would replace a patchwork of state data security breach notification laws with a national standard HR 1704 - Personal Data Notification & Protection Act of 2015 - Establishes a national 30-day notification standard from the discovery of a breach. Criminalizes illicit overseas trade in identities S. 456 - Cyber Threat Sharing Act of 2015 - A bill to codify mechanisms for enabling cybersecurity threat indicator sharing between private and government entities, as well as among private entities, to better protect information systems (No bill number yet) - Carper-Blunt Data Security Act of 2015 - Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) HR - 526 - Furthering Asbestos Claims Transparency (FACT) Act - To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos; and for other purposes Upcoming Reauthorization of the National Flood Insurance Program (No bill number) HR 26 - Terrorism Risk Insurance Program Reauthorization Act of 2015 - To extend the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer protection Act Section 333 of the 2012 FAA Reauthorization - allows the Dept. of Transportation to regulate the use of UAS (drones) FAA Small UAS Notice of Proposed Rulemaking - The FAA proposal offers safety arules for small UAS (under 55 pounds) conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits HR 2205/S. 961 - Data Security Act of 2015 - To protect financial information relating to consumers, to require notice of security breaches, and for other purposes HR 1471 - FEMA Disaster Assistance Reform Act of 2015- Authorizes Appropriations for the Federal Emergency Management Agency (FEMA) for FY2016-FY2018 for mamagement and administration. Directs FEMA to: (1) study and report on physical tresting standards for electric utility facilities, (2) report to specified congressional committees on agency plans to provide guidance to applicants for disaster assistance on FEMA disaster funding procedures and to maintain appropriate records during the lifecycle of a disaster, and (3) identify in its report new technologies to assist the disaster workforce during a disaster or emergency HR 1478 Safe Building Code Incentive Act- Amends the Robert T. Stafford Disaster Relief and Emergency Act to authorize the President to increase the maximum total of contributions for a major disaster by an amount equal to 4% of the estimated aggregate amount of grants to be made under the Act, if at that time of a declaration of a major disaster the affected state has in effect and is actively enforcing anapproved state building code HR 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015 - To require consultation with Congress, insurers, and consumers with respect to domestic insurance and international insurance standards, regulations, or frameworks, and for other purposes S 1484 - Financial Regulatory Improvement Act of 2015 HR 2029- Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2016, and for other purposes HR 4441 - The Aviation Innovation, Reform, and Reauthorization (AIRR) Act - to transfer operation of air traffic services currently provided by the Federal Aviation Administration to separate not-for-profit corporate entity, to reauthorize and streamline programs of the Federal Aviation Administration, and for other purposes S. 2658 The Federal Aviation Administration (FAA) Reauthorization Act of 2016 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration for fiscal years 2016 through 2017, and for other purposes HR 5177 - National Mitigation Investment Act - The bill will offer states incentives for adopting safer building codes and authorize the first comprehensive study of our nation's disaster response system in over 20 years HR 5143- Transparent Insurance Standards Act - To provide greater transparency and congressional oversight of international insurance standards setting processes, and for other purposes Financial CHOICE Act - (still in draft form) Implements a number of changes to the 2010 Dodd-Frank law, including changes to the Federal Insurance Office, the FSOC Independent Member with Insurance Expertise, and the authorities of the Financial Stability Oversight Council. The legislation also establishes new notice, consultation, and reporting requirements for federal prudential regulators participating in the development of international financial standards

Client expense: $860,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. H.R. 5484/S. 3067 - Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: protecting seniors financial security H.R. 5143 - Transparent Insurance Standards Act. Issue: international insurance standards Draft House International Insurance Standards legislation. Issue: international insurance standards. Discussion draft: Financial CHOICE Act. Issue: Implementation and regulatory reform of the financial services industry. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Issue: Unclaimed life insurance products. No bill number assigned. Tracking: Issue: Holocaust era insurance policy claims. No bill number assigned. Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,188,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Implementation of Public Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically, provisions on risk, insurance oversight (Federal Insurance Office), and potential CFPB activities related to P&C insurance. Discussions on U.S. and global designation of systemically relevant non-bank financial firms. General discussions on Insurance Capital Investment. General discussions on Commercial Insurance regulation. General issues related to resilience and mitigation, as related to P&C insurance. Legislation and proposals regarding natural catastrophe related policies. Legislation and proposals regarding the insurability of cyber exposures, including: S.456, Cyber Threat Sharing Act of 2015; S.754, Cybersecurity Information Sharing Act of 2015; H.R.1560, Protecting Cyber Networks Act; H.R.234, Cyber Intelligence Sharing and Protection Act; S.177, Data Security and Breach Notification Act of 2015; H.R.580, Data Accountability and Trust Act; H.R. 1704, Personal Data Notification and Protection Act; and H.R. 2205/S. 961, Data Security Act of 2015. General discussions on issues related to Surety Bonds, including: surety provisions in public-private partnerships; H.R. 413, Partnership to Build America Act of 2015; S. 1526, Construction Consensus Procurement Improvement Act of 2015; National Defense Authorization Act for Fiscal Year 2017, provisions on construction procurement. Implementation of Pub. L. No. 1144, Terrorism Risk Insurance Program Reauthorization Act of 2015, data collection provisions and control/ownership clarifications. Legislation and proposals regarding the development of international capital standards for internationally-active insurance groups, including: S. 1484, Financial Regulatory Improvement Act; S. 1086, International Insurance Capital Standards Accountability Act of 2015; H.R. 2141, International Insurance Standards Transparency and Policy Protection Act of 2015; S. 1491, Community Lender Regulatory Relief and Consumer Protection Act of 2015; Financial Services and General Government Appropriations bill for Fiscal Year 2017; S. 798/H.R. 1478, Policyholder Protection Act of 2015. H.R. 3794, Nonprofit Property Protection Act.

Client expense: $400,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Implementation of Public Law No. 111-203, Dodd-Frank Wall Street Reform and Consumer Protection Act, specifically, provisions on risk, insurance oversight (Federal Insurance Office), and potential CFPB activities related to P&C insurance. Discussions on U.S. and global designation of systemically relevant non-bank financial firms. General discussions on Insurance Capital Investment. General discussions on Commercial Insurance regulation. General issues related to resilience and mitigation, as related to P&C insurance. Legislation and proposals regarding natural catastrophe related policies. Legislation and proposals regarding the insurability of cyber exposures, including: S.456, Cyber Threat Sharing Act of 2015; S.754, Cybersecurity Information Sharing Act of 2015; H.R.1560, Protecting Cyber Networks Act; H.R.234, Cyber Intelligence Sharing and Protection Act; S.177, Data Security and Breach Notification Act of 2015; H.R.580, Data Accountability and Trust Act; H.R. 1704, Personal Data Notification and Protection Act; and H.R. 2205/S. 961, Data Security Act of 2015. General discussions on issues related to Surety Bonds, including: surety provisions in public-private partnerships; H.R. 413, Partnership to Build America Act of 2015; S. 1526, Construction Consensus Procurement Improvement Act of 2015; National Defense Authorization Act for Fiscal Year 2017, provisions on construction procurement. Implementation of Pub. L. No. 1144, Terrorism Risk Insurance Program Reauthorization Act of 2015, data collection provisions and control/ownership clarifications. Legislation and proposals regarding the development of international capital standards for internationally-active insurance groups, including: S. 1484, Financial Regulatory Improvement Act; S. 1086, International Insurance Capital Standards Accountability Act of 2015; H.R. 2141, International Insurance Standards Transparency and Policy Protection Act of 2015; S. 1491, Community Lender Regulatory Relief and Consumer Protection Act of 2015; Financial Services and General Government Appropriations bill for Fiscal Year 2017; S. 798/H.R. 1478, Policyholder Protection Act of 2015. H.R. 3794, Nonprofit Property Protection Act.

Client expense: $400,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Treasury, Dept of

Issues related to: Flood Insurance; Retirement Security/Annuities, Department of Labor definition of fiduciary duty; H.R.1550, To amend the Financial Stability Act of 2010 to improve the transparency of the Financial Stability Oversight Council, to improve the Systemically Important Financial Institution (SIFI) designation process, and for other purposes; H.R.1309, Systemic Risk Designation Improvement Act of 2015; S.1484 Financial Regulatory Improvement Act of 2015; H.R.141 Flood Insurance Premium Parity Act of 2015; H.R.1478 The Policy Holder Protection Act; S.1679 Flood Insurance Market Parity and Modernization Act; H.R 2901, Flood Insurance Market Parity and Modernization Act; H.R 1550 Financial Stability Oversight Council Improvement Act of 2015; H.R. 2141 International Insurance Standards Transparency and Policyholder Protection Act of 2015; S.1086 International Insurance Capital Standards Accountability Act; H.R.1090 Retail Investor Protection Act; H.R. 2029, Consolidated Appropriations Act of 2016; and H.R. 3738, Office of Financial Research Accountability Act of 2015. H.R.4293, Affordable Retirement Advice Protection Act; H.R.4294, Strengthening Access to Valuable Education and Retirement Support Act (SAVERS Act) of 2015; S.2502, Affordable Retirement Advice Protection Act; S.2505, SAVERS Act of 2016; S.2497, Retail Investor Protection Act of 2016.

Client expense: $2,000,000 · Firm income: Not reported

Government targets: Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

H.R. 23- Windstorm Impact Reduction Program (Enacted) H.R. 26- Terrorism Risk Insurance (Enacted) H.R. 141- Flood Insurance H.R. 947- National Flood Insurance Act H.R. 1478- Policy Holder Protection Act H.R. 2141- International Insurance H.R. 2205- Data Security H.R. 2901- Flood Insurance H.R. 2918- Flood Insurance H.R. 3456- Flood Insurance H.R. 3794- Risk Retention H.R. 4441- Insurers using drones following a state or federal disaster H.R. 4866- Flood Insurance S. 487- Flood Insurance S. 798- Policyholder Protection Act S. 1086- International Capital Standards S. 1484- International Insurance S. 1561- Reinsurance S. 1679- Flood Insurance **Issues lobbied without specific bill numbers: Covered Agreements, Senate Financial Services and General Government Appropriations

Client expense: $960,000 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Highway Administration (FHA), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Natl Geospatial Intelligence Agency, Natl Highway Traffic Safety Administration (NHTSA), Natl Oceanic & Atmospheric Administration (NOAA), Natl Transportation Safety Board (NTSB), Office of Management & Budget (OMB), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/ S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Financial Services and General Government Appropriations Act, 2016. Making appropriations for financial services and general government for the fiscal year ending September 30, 2016, and for other purposes. Issue: Global insurance standards H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity source of strength, financial regulatory reform, Department of Labors proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Issue: safe harbor for reporting of suspected senior financial abuse Draft House international Insurance Standards legislation. Issue: International insurance standards. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned.

Client expense: $950,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Arbitration Related Legislation Asbestos Related Legislation H.R. 526, Furthering Asbestos Claim Transparency Act of 2015 Bankruptcy Transparency Issues Budget Issues Municipal Surety Bond Related Issues Coast Wind Issues Climate Change Natural Catastrophe Related Legislation Credit Scoring and the Use of Credit as Underwriting Tool Issues Cyber-security Related Legislation S. 754, Cybersecurity Information Sharing Act of 2015 S. 456, Cyber Threat Sharing Act of 2015 H.R. 1560, Protecting Cyber Networks Act H.R. 1731, National Cybersecurity Protection Advancement Act of 2015 Dodd-Frank Related Legislation Expansion to the Risk Retention Act FAA Reauthorization H.R. 1309, Systemic Risk Designation Improvement Act of 2015 H.R. 1478, Policyholder Protection Act of 2015 S. 798, Policyholder Protection Act of 2015 Insurance issues relating to the authority of the Financial Stability Oversight Council Insurance issues relating to the Office of Financial Research Issues relating to Financial Services Systemic Risk Proposals Insurance issues relating to Federal Resolution Authority Issues relating to the Federal Insurance Office Insurance issues relating to liquidation authority for systemically important financial institutions and the plans for US and global regulators for higher capital requirements for financial institutions. Medical Liability Reform Medicare Secondary Payer and Workers' Compensation Settlement Agreements National Flood Insurance Program and Related Legislation SEC issues related to the implementation of the Dodd-Frank Act Tax Code Reform Related Issues S. 698, Marketplace Fairness Act of 2015 Terrorism Risk Insurance and Related Issues Tort Reform Related Issues Trade Promotion Authority Issues McCarran-Ferguson Reform and Modernization Patent Reform Issues Relating to Health Insurance Reform Shareholder Liability Related Issues State Bankruptcy Issues Bank Tax Issues

Client expense: $800,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

Regulation of insurance (general), general issues related to the Federal Insurance Office , general issues related to the Federal Advisory Committee on Insurance (FACI), general issues related to the Financial Stability Oversight Council (FSOC), general issues related to the Financial Stability Board (FSB), general issues related to the International Association of Insurance Supervisors (IAIS) H.R. 26, the Terrorism Risk Insurance Program Reauthorization Act of 2015, creation/implementation of the National Association of Registered Agents and Brokers, reauthorization of the Terrorism Risk Insurance Act (general), implementation of the Homeowner Flood Insurance Affordability Act (Public Law No: 113-89), issues related to the National Flood Insurance Program (general), Implementation of the Biggert-Waters Flood Insurance Reform Act of 2012 (BW-12), H.R. 1748, the Safe Building Code Incentive Act, H.R. 2141, the International Insurance Standards Transparency and Policyholder Protection Act, S. 1679/ H.R. 2901, the Flood Insurance Market Parity and Modernization Act, H.R. 1478/S. 798, the Policyholder Protection Act, S. 406/H.R. 801, The Disaster Assistance Recoupment Fairness Act of 2015,H.R. 638, the Disaster Assistance Fairness and Accountability Act,H.R. 141, the Flood Insurance Premium Parity Act of 2015, H.R. 1560, Protecting Cyber Networks Act, S.754 Cybersecurity Information Sharing Act of 2015, S. 1734, the the National Cybersecurity Protection Advancement Act of 2015, H.R.1731 - National Cybersecurity Protection Advancement Act of 2015, HR 1786, the National Windstorm Impact Reduction Act Reauthorization, H.R. 1471, the FEMA Disaster Assistance Reform Act of 2015, H.R. 2918, the Flood Insurance Fairness Act, H.R. 2230, the Disaster Savings Accounts Act of 2015, S. 1086, the International Insurance Capital Standards Accountability Act of 2015, S. 1484, the Financial Regulatory Improvement Act of 2015, S. 2324/H.R. 4107, the Flood Insurance Transparency and Accountability Act of 2015, H.R.2205, the Data Security Act of 2015, Issues related to insurance and the Policyholder Protection Act in H.R.2029 - Consolidated Appropriations Act, 2016,issues related to the reauthorization of the National Flood Insurance Program, Legislation to address International insurance negotiations (not yet introduced), Comments on the Federal Emergency Management Agency's Establishing a Deductible for FEMAs Public Assistance Program Docket ID FEMA-2016-0003, H.R. 4866, the Flood Insurance Rate Increase Suspension Act of 2016

Client expense: $69,094 · Firm income: Not reported

Government targets: Centers For Medicare and Medicaid Services (CMS), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Risk Management Agency, SENATE, Treasury, Dept of

S 2244-Terrorism Risk Insurance Program Reauthorization Act of 2014 - Amends TRIA 2002 to extend the Terrorism Insurance program through December 31, 2021 S 754 - Cybersecurity Information Sharing Act of 2015(CISA)-an original bill to improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1560 - Protecting Cyber Networks Act - To improve cybersecurity in the United States through enhanced sharing of information about cybersecurity threats, and for other purposes HR 1731 - National Cybersecurity Protection Advancement Act of 2015 - Overall, requires Government to work harder to share both classified and declassified threat information with the private sector HR 1770/S. 177- Data Security and Breach Notification Act of 2015 - Would replace a patchwork of state data security breach notification laws with a national standard HR 1704 - Personal Data Notification & Protection Act of 2015 - Establishes a national 30-day notification standard from the discovery of a breach. Criminalizes illicit overseas trade in identities S. 456 - Cyber Threat Sharing Act of 2015 - A bill to codify mechanisms for enabling cybersecurity threat indicator sharing between private and government entities, as well as among private entities, to better protect information systems (No bill number yet) - Carper-Blunt Data Security Act of 2015 - Sets a national standard for notification (preempting state laws) and gives the FTC authority to enforce (unless enforced by the SEC or FDIC) HR - 526 - Furthering Asbestos Claims Transparency (FACT) Act - To amend title 11 of the United States Code to require the public disclosure by trusts established under section 524(g) of such title, of quarterly reports that contain detailed information regarding the receipt and disposition of claims for injuries based on exposure to asbestos; and for other purposes Upcoming Reauthorization of the National Flood Insurance Program (No bill number) HR 26 - Terrorism Risk Insurance Program Reauthorization Act of 2015 - To extend the termination date of the Terrorism Insurance Program established under the Terrorism Risk Insurance Act of 2002, and for other purposes Public Law 113-279 - Insurance Capital Standards Clarification Act of 2014 - A bill to clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer protection Act Section 333 of the 2012 FAA Reauthorization - allows the Dept. of Transportation to regulate the use of UAS (drones) FAA Small UAS Notice of Proposed Rulemaking - The FAA proposal offers safety arules for small UAS (under 55 pounds) conducting non-recreational operations. The rule would limit flights to daylight and visual-line-of-sight operations. It also addresses height restrictions, operator certification, optional use of a visual observer, aircraft registration and marking, and operational limits HR 2205/S. 961 - Data Security Act of 2015 - To protect financial information relating to consumers, to require notice of security breaches, and for other purposes HR 1471 - FEMA Disaster Assistance Reform Act of 2015- Authorizes Appropriations for the Federal Emergency Management Agency (FEMA) for FY2016-FY2018 for mamagement and administration. Directs FEMA to: (1) study and report on physical tresting standards for electric utility facilities, (2) report to specified congressional committees on agency plans to provide guidance to applicants for disaster assistance on FEMA disaster funding procedures and to maintain appropriate records during the lifecycle of a disaster, and (3) identify in its report new technologies to assist the disaster workforce during a disaster or emergency HR 1478 Safe Building Code Incentive Act- Amends the Robert T. Stafford Disaster Relief and Emergency Act to authorize the President to increase the maximum total of contributions for a major disaster by an amount equal to 4% of the estimated aggregate amount of grants to be made under the Act, if at that time of a declaration of a major disaster the affected state has in effect and is actively enforcing anapproved state building code HR 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015 - To require consultation with Congress, insurers, and consumers with respect to domestic insurance and international insurance standards, regulations, or frameworks, and for other purposes S 1484 - Financial Regulatory Improvement Act of 2015 HR 2029- Making appropriations for military construction, the Department of Veterans Affairs, and related agencies for the fiscal year ending September 30, 2016, and for other purposes HR 4441 - The Aviation Innovation, Reform, and Reauthorization (AIRR) Act - to transfer operation of air traffic services currently provided by the Federal Aviation Administration to separate not-for-profit corporate entity, to reauthorize and streamline programs of the Federal Aviation Administration, and for other purposes S. 2658 The Federal Aviation Administration (FAA) Reauthorization Act of 2016 - A bill to amend title 49, United States Code, to authorize appropriations for the Federal Aviation Administration for fiscal years 2016 through 2017, and for other purposes

Client expense: $950,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Postal Service (USPS)

FIN - First Quarter Report - 2016 S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. Draft House International Insurance Standards legislation. Issue: international insurance standards. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Tracking: Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,410,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 1478/S 798 Policy Holder Protection Act - We support these bills which would preserve the financial strength of insurance companies for the benefit of policyholders, and preclude the use of a carriers financial strength to assist depository subsidiaries. Additionally, the legislation would ensure that troubled insurance companies will continue to be resolved by state insurance regulators. S 1086 International Insurance Capital Standards Accountability Act and HR 2141 Domestic Insurance and International Capital Standards Act - in particular those aspects of both bills that promote greater transparency -- with Congress, the insurance industry and consumers -- on U.S. involvement in the development of international capital standards. HR 4248 FSOC Designation Review Act - monitoring possible changes in review process for nonbank financial institutions.

Client expense: $140,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

EGRPRA Regulatory Review - Identify provisions that my provide regulatory relief. HR 1660 - Federal Savings Association Charter Flexibility Act of 2015 - HOLA amendments providing flexibility to operate as a national bank. CFPB revision package - Provisions subjecting the agency to additional oversight. HR 9 - The Innovation Act - Provisions addressing vague demand letter of patent trolls. HR 601 - Provisions eliminating privacy notice disclosure requirements. HR 1265 - Bureau Advisory Commission Transparency Act - Advisory counsel for the CFPB HR 1480 SAFE Act - confidentiality of information banks share with state regulators. HR 1660-Federal Savings Association Charter Flexibility Act - charter flexibility HR 1233 - CLEARR Act - Regulatory reduction provisions S 1484-Financial Regulation Improvement Act - Regulatory reduction provisions. S 2896 - TAILOR Act- Regulatory reduction provisions H1941/S774 - Financial Institutions Examination Fairness & Reform Act - timely & consistent examination report provisions. HR 2213 - Provisions for a formal grace period from enforcement under TILA-RESPA. HR 601 - Eliminate Privacy Notice Confusion Act - privacy notice exemptions. HR 1478/S798 - Policyholder Protection Act - Source of strength provisions.

Client expense: $217,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Public Law 111-203, H.R. 4173 - Dodd-Frank Wall Street Reform and Consumer Protection Act. Issue: Implementation and Regulatory reform. Captive Reinsurance Transactions, Insurance Capital Standards and Global Capital Standards. Roles of federal and state agencies at the International Association of Insurance Supervisors and the Financial Stability Board. Implementation of S. 2270 - Insurance Capital Standards Clarification Act of 2014. The bill would give the Federal Reserve the authority to tailor capital standards for insurance companies subject to Fed supervision. Issue: Capital Standards, Basel III H.R. 1090/S. 2497, the Retail Investor Protection Act. Prohibits the Secretary of Labor from prescribing any regulation under the Employee Retirement Income Security Act of 1974 (ERISA) defining the circumstances under which an individual is considered a fiduciary until 60 days after the Securities and Exchange Commission (SEC) issues a final rule governing standards of conduct for brokers and dealers under specified law. Issue: Fiduciary Duties Amendment to the Transportation, Housing & Urban Development Appropriations act, to prohibit federal guarantees for mortgages seized through eminent domain. Issue: Mortgage Investments. Financial Services and General Government Appropriations Act, 2017. Making appropriations for financial services and general government for the fiscal year ending September 30, 2017, and for other purposes. Issue: Global insurance standards; SIFI de-risking. H.R. 1478/S. 798 - Policyholder Protection Act of 2015. To amend the Federal Deposit Insurance Act to provide for notice to, and input by, State insurance commissioners when requiring an insurance company to serve as a source of financial strength pursuant to such Act. Issue: Source of strength H.R. 601 - Eliminate Privacy Notice Confusion Act. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, and (2) has not changed its policies and practices with regard to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers. Issue: privacy S. 423 - Privacy Notice Modernization Act of 2015. This bill amends the Gramm-Leach-Bliley Act to exempt from its annual written privacy policy notice requirement any financial institution which: (1) provides nonpublic personal information only in accordance with specified requirements, (2) has not changed its policies and practices with respect to disclosing nonpublic personal information from those disclosed in the most recent disclosure sent to consumers, and (3) otherwise provides customers access to such most recent disclosure in electronic or other form permitted by specified regulations. Issue: privacy H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. Issue: global insurance standards. S. 1484 - Financial Regulatory Improvement Act of 2015. This legislation will improve accountability and transparency in the United States financial regulatory system, protect access to credit for consumers, provide sensible relief to financial institutions. Issue: financial regulatory reform. S. 1086 - International Insurance Capital Standards Accountability Act of 2015. This bill establishes at the Board of Governors of the Federal Reserve System the Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues, a 21-member committee representing diverse expert perspectives from the U.S. insurance industry (including life insurance, property and casualty insurance and reinsurance, agents and brokers, academics, consumer advocates, or experts on issues facing underserved insurance communities and consumers). Issue: financial regulatory reform. H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015. Amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, when determining whether to subject a U.S. or a foreign nonbank financial company to supervision by the Board of Governors of the Federal Reserve System (Board), including prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Issue: FSOC S. 1491/H.R. 2642 - Community Lender Regulatory Relief and Consumer Protection Act of 2015. This legislation will provide sensible relief to community financial institutions and to protect consumers. Issue: financial regulatory reform S. 1137 - PATENT Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 9 - Innovation Act - This bill amends title 35, United States Code, and the Leahy-Smith America Invents Act to make improvements and technical corrections. Issue: patent reform H.R. 2029 - Consolidated Appropriations Act. Issue: privacy, cybersecurity, source of strength, financial regulatory reform, Department of Labor proposed fiduciary rule. H.R. 4248 - FSOC Designation Review Act. Issue: SIFI de-risking. H.R. 3340 - FSOC Reform Act. Issue: SIFI de-risking. H.R. 4538/S. 2216 - Senior$afe Act of 2016. Draft House International Insurance Standards legislation. Issue: international insurance standards. Issue: Federal Housing Finance Agency proposed rule on federal home loan bank membership. No bill number assigned. Issue: Covered agreements on prudential measures with respect to the business of insurance and reinsurance. No bill number assigned. Tracking: Issue: Holocaust era insurance policy claims. No bill number assigned. Issue: Patent reform legislation. No bill number assigned. Issue: Trust Indenture Act. No bill number assigned.

Client expense: $1,129,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE