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Transparent Insurance Standards Act of 2016
Legislative Progress
Introduced
April 29, 2016
Latest Action
December 8, 2016
Primary Sponsor
Blaine LuetkemeyerRepublican(MO)
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
93pct
223d open
vs 6,526 other HR bills in the 114th — cohort avg 56d
Transparent Insurance Standards Act of 2016 (Sec. 3) This bill specifies U.S. objectives regarding international insurance standards. (Sec. 4) The United States may not agree to, accept, establish, enter into, or consent to the adoption of a final international insurance standard with an international standard-setting organization or a foreign government, authority, or regulatory entity unless certain public notice-and-comment requirements and capital standards are met. In the case of an international insurance standard setting forth a capital standard for insurers: (1) the international standard must be consistent with state-based capital requirements; (2) the Board of Governors of the Federal Reserve System must have issued capital requirements for insurance companies it supervises through a rulemaking with a period for public notice and comment, and (3) the international standard must be consistent with the Federal Reserve Board's capital requirements. The Department of the Treasury and the Federal Reserve Board may not agree to an international standard unless: (1) the proposed standard will not change state law, and (2) any proposed international capital standard for insurers is designed solely to help ensure that sufficient funds are available to pay claims to an insurer's policyholders in the event of the liquidation of that entity. Before U.S. adoption of any such international insurance standard, Treasury and the Federal Reserve Board, in consultation with the state insurance commissioners, shall analyze and report to Congress on the impact of the standard on U.S. consumers and markets and whether any changes in state law will result from such final standard. The report must be available for public comment and be reviewed by the Government Accountability Office (GAO). Congress shall have 90 days to approve or reject the final standard. (Sec. 5) Treasury and the Federal Reserve Board must report annually on, and provide testimony to Congress every six months regarding, insurance standard-setting issues under discussion at international standard-setting bodies, the effects that international insurance standards could have on U.S. consumers and insurance markets, any positions taken by Treasury or the Federal Reserve Board and whether they are meeting U.S. objectives, and efforts to increase transparency at the Financial Stability Board (FSB). State insurance commissioners may also provide testimony or reports to Congress. The Federal Reserve Board and Treasury must report and provide testimony on their efforts to increase transparency at meetings of the International Association of Insurance Supervisors. The GAO must report and provide testimony on the transparency and accountability of any organization acting as a designee of, or at the direction of, the head of a state insurance department on issues related to international insurance standards, which is not employed directly by the state. The GAO's report must describe any such organization's: (1) participation in policy deliberations related to international insurance standards, (2) financial support to state insurance department personnel, (3) budgeting process for international insurance discussions on issues involving an international forum of financial regulators or supervisors, and (4) effect on the establishment of any self-executing national standards. (Sec. 7) The bill expands the procedures that Treasury and the U.S. Trade Representative (USTR) must follow before entering bilateral or multilateral agreements regarding prudential measures with respect to the business of insurance or reinsurance that: (1) are entered into between the United States and foreign governments, authorities, or regulatory entities; and (2) relate to the recognition of prudential measures that achieve a level of protection for insurance or reinsurance consumers that is substantially equivalent to the protection achieved under state regulation. Treasury and the USTR must: (1) provide for public notice and comment on proposed agreements, and (2) include state insurance commissioners in any negotiations regarding such contemplated agreements. These agreements shall not be: (1) used to provide the Federal Insurance Office or Treasury with any general supervisory or regulatory authority over the business of insurance or with the authority to participate in a supervisory college, or (2) considered an international insurance standard for purposes of this bill. (Sec. 8) The Dodd-Frank Wall Street Reform and Consumer Protection Act is amended to authorize the independent member of the Financial Stability Oversight Council to: perform specified consultant duties with international insurance supervisors, international financial stability counterparts, as well as Treasury; attend the FSB, and arrange for the attendance and participation at the FSB of state insurance commissioners on matters related to insurance and financial stability; and attend, with the U.S. delegation, the Organization for Economic Cooperation and Development (OECD) and observe and participate at the OECD Insurance and Private Pensions Committee on those same matters. (Sec. 9) Parties representing the United States at the FSB on matters, and in meetings, related to insurance and financial stability shall consult with the state insurance commissioners and seek to include them in those meetings. (Sec. 11) The Securities Exchange Act of 1934 is amended to reduce for FY2017 the amount that the Securities and Exchange Commission (SEC) may deposit in the Securities and Exchange Commission Reserve Fund from registration fee collections. Excess amounts shall be deposited in the Treasury and shall not be available for obligation by the SEC.
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Received in the Senate.
Motion to reconsider laid on the table Agreed to without objection.
On passage Passed by the Yeas and Nays: 239 - 170 (Roll no. 613).
HousePassed/agreed to in House: On passage Passed by the Yeas and Nays: 239 - 170 (Roll no. 613).
HouseDEBATE - Pursuant to the provisions of H.Res. 944, the House proceeded with 10 minutes of debate on the DeSantis (FL) amendment No. 1.
DEBATE - The House proceeded with one hour of debate on H.R. 5143.
Rule provides for consideration of H.R. 5143 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. It shall be in order at any time on the legislative day of December 8, 2016, for the Speaker to entertain motions that the House suspend the rules as though under clause 1 of rule XV.
Considered under the provisions of rule H. Res. 944. (consideration: CR H7313-7324; text of amendment in the nature of a substitute: CR S7314-7315)
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2017 · third_quarter · Taxation/Internal Revenue Code
Matters relating to U.S.-China bilateral trade negotiations; implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; international regulatory matters, international trade negotiations; H.R.5143, Transparent Insurance Standards Act; US/EU Covered Agreement. Matters relating to reforming the U.S. tax code.
Client expense: Not reported · Firm income: Not reported
2017 · third_quarter · Insurance
Matters relating to U.S.-China bilateral trade negotiations; implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; international regulatory matters, international trade negotiations; H.R.5143, Transparent Insurance Standards Act; US/EU Covered Agreement. Matters relating to reforming the U.S. tax code.
Client expense: Not reported · Firm income: Not reported
2017 · second_quarter · Insurance
Matters relating to U.S.-China bilateral trade negotiations; implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; international regulatory matters, international trade negotiations; H.R. 5143-Transparent Insurance Standards Act; US/EU Covered Agreement.
Client expense: Not reported · Firm income: $180,000
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of
2017 · second_quarter · Insurance
Medicare Reform - changes to benefit structure HR 3463/S 3244 -dental rules sold on or off exchanges HR 1628 - ACA Repeal and replace S 1719 - RAISE Family Caregivers Act - long term care insurance Long Term Care premiums - Congressional oversight Long Term Care Tax Incentives - expansion of Long Term Care HIX - assessment applied to products sold off ACA exchanges HR 5143 Transparent Insurance Standards Act - capital requirements for insurers 1210-AB39 claims processing for disability benefits Tri-Agency Rule - Hospital indemnity produces HR 10 - Financial CHOICE Act of 2017 - changes to Dodd-Frank Act
Client expense: $95,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2017 · first_quarter · Insurance
Medicare Reform - changes to benefit structure HR 3463/S 3244 -dental rules sold on or off exchanges HR 1628 - ACA Repeal and replace S 1719 - RAISE Family Caregivers Act - long term care insurance Long Term Care premiums - Congressional oversight Long Term Care Tax Incentives - expansion of Long Term Care HIX - assessment applied to products sold off ACA exchanges HR 5143 Transparent Insurance Standards Act - capital requirements for insurers 1210-AB39 claims processing for disability benefits Tri-Agency Rule - Hospital indemnity produces
Client expense: $139,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Rule H. Res. 944 passed House.
Rules Committee Resolution H. Res. 944 Reported to House. Rule provides for consideration of H.R. 5143 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments. It shall be in order at any time on the legislative day of December 8, 2016, for the Speaker to entertain motions that the House suspend the rules as though under clause 1 of rule XV.
Placed on the Union Calendar, Calendar No. 652.
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-831.
Congress.gov source codes: 5000, H12200
Ordered to be Reported (Amended) by the Yeas and Nays: 34 - 25.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Congress.gov source codes: 1000, Intro-H
Hearings Held by the Subcommittee on Housing and Insurance Prior to Introduction and Referral.
| April 29, 2016 |
| Republican |
| GA |
| Bill Huizenga | Republican | MI |
| Bill Posey | Republican | FL |
| Brian Babin | Republican | TX |
| Bruce Poliquin | Republican | ME |
| Darin LaHood | Republican | IL |
| David Schweikert | Republican | AZ |
| Dennis A. Ross | Republican | FL |
| Eric A. "Rick" Crawford | Republican | AR |
| Frank C. Guinta | Republican | NH |
| Frank D. Lucas | Republican | OK |
| Glenn Grothman | Republican | WI |
| J. French Hill | Republican | AR |
| James B. Renacci | Republican | OH |
| Keith J. Rothfus | Republican | PA |
| Leonard Lance | Republican | NJ |
| Luke Messer | Republican | IN |
| Lynn A. Westmoreland | Republican | GA |
| Mia B. Love | Republican | UT |
| Mick Mulvaney | Republican | SC |
| Patrick T. McHenry | Republican | NC |
| Pete Sessions | Republican | TX |
| Peter T. King | Republican | NY |
| Randy Hultgren | Republican | IL |
| Randy Neugebauer | Republican | TX |
| Robert Hurt | Republican | VA |
| Robert Pittenger | Republican | NC |
| Roger Williams | Republican | TX |
| Scott Garrett | Republican | NJ |
| Scott R. Tipton | Republican | CO |
| Sean P. Duffy | Republican | WI |
| Stephen Lee Fincher | Republican | TN |
| Stevan Pearce | Republican | NM |
| Steve Stivers | Republican | OH |
| Thomas MacArthur | Republican | NJ |
| Tom Emmer | Republican | MN |
2017 · first_quarter · Insurance
Matters relating to U.S.-China bilateral trade negotiations; implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; Justice for Sponsors of Terrorism Act (S. 2040),; international regulatory matters, international trade negotiations; H.R. 5143-Transparent Insurance Standards Act; US/EU Covered Agreement.
Client expense: Not reported · Firm income: $180,000
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of
2016 · fourth_quarter · Transportation
H.R.5143, Transparent Insurance Standards Act of 2016
Client expense: Not reported · Firm income: $42,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
Implementation and modifications to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act. P.L. 113-279, implementation of the Insurance Capital Standards Clarification Act of 2014, provisions related to capital and accounting standards regulation for insurance-based savings and loan holding companies under the Collins Amendment of the Dodd-Frank Act. Monitoring international regulatory developments governing insurance and its potential impact. Consumer lending issues. H.R 2141, International Insurance Standards Transparency and Policyholder Protection Act of 2015. H.R. 5143, Transparent Insurance Standards Act of 2016
Client expense: Not reported · Firm income: $70,000
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
- Federal Reserve rulemaking on capital rules for insurers supervised by the Federal Reserve Board - Implementation of the Expatriate Health Coverage Clarification Act - Issues related to the development of an international capital standard at the Interational Association of Insurance Supervisors (IAIS). Issues related to development of Higher Loss Absorbency Standard at the IAIS. - Issues related to reform of TRICARE including military and veteran options including the NDAA Senate bill regarding retirees - Rulemaking under the Telephone Consumer Protection Act (TCPA); issues affecting sales and marketing of insurance products. - Issues related to Cadillac Tax - S. 1679 and H.R. 2901 - Flood Insurance Market Parity and Modernization Act. Clarification to Biggert Waters Flood Insurance Reform Act of 2012. - H.R. 5143, Transparent Insurance Standards Act of 2016 -- all provisions - Secondary Payer Advancement, Rationalization, and Clarification (SPARC) Act, HR 6120. Replaces unclear Medicare (Part D) requirements with updated rules to allow Part D Prescription Drug Plans to recover greater amounts of prescription drug costs from primary payers faster. - Rulemaking for implementing the Expatriate Health Coverage Clarification Act (EHCCA) of 2014, which was a part of the Consolidated and Further Continuing Appropriations Act of 2014. HHS, Treasury/IRS and DOL's NPRM also addresses excepted benefit and short-term limited duration plans.
Client expense: $1,010,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)
2016 · fourth_quarter · Insurance
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
2016 · fourth_quarter · Insurance
HR 2995-Insurance appropriations. S 1086-International capital standards. HR 2141-International insurance standards. S 1484-International insurance standards. HR 5143-International insurance standards. HR 3794-non-profit risk retention groups. CHOICE Act-draft legislation to repeal the Dodd-Frank Act. Issues lobbied without specific bills introduced: International and Domestic Insurance Capital Standards; Defense of State-Based Insurance Regulation; International Insurance Regulation; McCarran-Ferguson Act; Covered Agreements; Risk Retention Groups; Covered Agreement Negotiations.
Client expense: $70,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
S. 1086, the "International Insurance Capital Standards Accountability Act of 2015. H.R. 2141, the "International Insurance Standards Transparency and Policyholder Protection Act of 2015. H.R. 5143, the Transparent Insurance Standards Act of 2016. H.R. 5983, the Financial CHOICE Act of 2016. Negotiations involving insurance covered agreements. Forthcoming Federal Reserve rule on insurance-specific capital standards pursuant to the Dodd Frank Act Section 171. No Bill number - a proposal to facilitate automatic enrollment programs with regard to disability coverage and to establish a National Clearinghouse for Income Protection Information.
Client expense: $450,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2016 · fourth_quarter · Insurance
- Federal Reserve rulemaking on capital rules for insurers supervised by the Federal Reserve Board - Implementation of the Expatriate Health Coverage Clarification Act - Issues related to the development of an international capital standard at the Interational Association of Insurance Supervisors (IAIS). Issues related to development of Higher Loss Absorbency Standard at the IAIS. - Issues related to reform of TRICARE including military and veteran options including the NDAA Senate bill regarding retirees - Rulemaking under the Telephone Consumer Protection Act (TCPA); issues affecting sales and marketing of insurance products. - Issues related to Cadillac Tax - S. 1679 and H.R. 2901 - Flood Insurance Market Parity and Modernization Act. Clarification to Biggert Waters Flood Insurance Reform Act of 2012. - H.R. 5143, Transparent Insurance Standards Act of 2016 -- all provisions - Secondary Payer Advancement, Rationalization, and Clarification (SPARC) Act, HR 6120. Replaces unclear Medicare (Part D) requirements with updated rules to allow Part D Prescription Drug Plans to recover greater amounts of prescription drug costs from primary payers faster. - Rulemaking for implementing the Expatriate Health Coverage Clarification Act (EHCCA) of 2014, which was a part of the Consolidated and Further Continuing Appropriations Act of 2014. HHS, Treasury/IRS and DOL's NPRM also addresses excepted benefit and short-term limited duration plans.
Client expense: $1,020,000 · Firm income: Not reported
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR)
2016 · fourth_quarter · Insurance
S. 1086, the International Insurance Capital Standards Accountability Act of 2015. H.R. 2141, The International Insurance Standards Transparency and Policyholder Protection Act of 2015. HR 5143, the Transparent Insurance Standards Act of 2016. Recommend adding the following, but a point to consider from PFS - My only concern is if included, the committee may see it and want some type of letter of support. HR 5983, the Financial CHOICE Act of 2016. Negotiations involving insurance covered agreements. Forthcoming Federal Reserve rule on insurance-specific capital standards pursuant to the Dodd Frank Act Section 171. No Bill number - a proposal to facilitate automatic enrollment programs with regard to disability coverage and to establish a National Clearinghouse for Income Protection Information.
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Banking
Bills in the Senate: S. 708 Regulatory Improvement Act S. 774 Financial Institutions Examination Fairness and Reform Act S. 1484 Financial Regulatory Improvement Act of 2015 S. 1491 Community Lender Regulatory Relief and Consumer Protection Act of 2015 S. 1607 the Independent Agency Regulatory Analysis Act of 2015 S. 1647 Developing a Reliable and Innovative Vision for the Economy Act S. 1773 Consumer Reporting Fairness Act of 2015 S. 1818 Principled Rulemaking Act S. 1820 Early Participation in Regulations Act S. 1817 Smarter Regulations Through Advance Planning and Review Act S. 1958 Christopher Bryski Student Loan Protection Act S. 2038 Jumpstart GSE reform Act S. 2050 Private Education Loan Refinancing Act S. 2387 Commerce, Justice, Science, and Related Agencies Appropriations Act, FY2017 Senate Appropriations on Financial Services and General Government appropriations bill FY2017 S. 2663 Reforming CFPB Indirect Auto Financing Guidance Act Bills in the House: H.R. 4 Jobs for America Act H.R. 37 Promoting Job Creation and Reducing Small Business Burdens Act H.R. 50 Unfunded Mandates Information and Transparency Act of 2015 H.R. 113 Federal Reserve Accountability and Transparency Act of 2015 H.R. 185 The Regulatory Accountability Act H.R. 347 Facilitating Access to Credit Act H.R. 367 Regulations from the Executive in Need of Scrutiny (REINS) Act H.R. 427 Regulations from the Executive in Need of Scrutiny Act of 2015 H.R. 527 Small Business Regulatory Flexibility Improvements Act of 2015 H.R. 650 Preserving Access to Manufactured Housing Act of 2015 H.R. 685 Mortgage Choice Act of 2015 H.R. 766 Financial Institution Customer Protection Act of 2015 H.R. 899 Unfunded Mandates Information and Transparency Act H.R. 957 CFPB IG act of 2015 H.R. 1090 Retail Investor Protection Act H.R. 1195 Bureau of Consumer Financial Protection Advisory Boards Act H.R. 1210 Portfolio Lending and Mortgage Access Act H.R. 1259 Helping Expand Lending Practices in Rural Communities Act H.R. 1261 Bureau of Consumer Financial Protection Accountability Act of 2015 H.R. 1265 Bureau Advisory Commission Transparency Act H.R. 1266 Financial Product Safety Commission Act of 2015 H.R. 1413 Firearms Manufacturers and Dealers Protection Act of 2015 H.R. 1493 Sunshine for Regulatory Decrees and Settlements Act H.R. 1529 the Community Institution Mortgage Relief Act H.R. 1553 Small Bank Exam Cycle Reform Act of 2015 H.R. 1660 Federal Saving Association Charter Flexibility Act of 2015 H.R. 1737 Reforming CFPB Indirect Auto Financing Guidance Act H.R. 1799 Ensure Fair Prices in Title Insurance Act H.R. 1941 Financial Institutions Examination Fairness and Reform Act H.R. 2213 To provide for a temporary safe harbor from the enforcement of integrated disclosure requirements for mortgage loan transactions under the Real Estate Settlement Procedures Act of 1974 and the Truth in Lending Act, and for other purposes. H.R. 2029 and related amendments Consolidated Appropriations Act of 2016 H.R. 2243 Equity in Government Compensation Act of 201 H.R. 2354 Streamlining Excessive and Costly Regulations Review Act H.R. 4294 -SAVERS Act of 2015 H.R. 2542 Regulatory Flexibility Improvements Act H.R. 2577 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 H.R. 2804 Achieving Less Excess in Regulation and Requiring Transparency (ALERRT) Act (H.R. 2804). H.R. 3035 Credit Access and Inclusion Act H.R. 3189 FORM Act of 2015 H.R. 3192 Homebuyers Assistance Act H.R. 3438 REVIEW Act H.R. 3634 Student Loan Debt Protection Act H.R. 4018 Consumer Protection and Choice Act H.R. 4293 Affordable Retirement Advice Protection Act H.R. 4768 The Separation of Powers Restoration Act, 2016 H.R. 4986 End Operation Choke Point Act of 2014 H.R. 5143 The International Insurance Standards Act H.R. 5485 The "Financial Services and General Government Appropriations Act, 2017 H.R. 5982 Midnight Rules Relief Act of 2016 Fiscal Year 2016 spending bills for the Department of Justice (CJS) and the Department of Housing and Urban Development (THUD) Fiscal Year 2017 Commerce, Justice, Science Funding Bill Under Discussion: A bill to provide consumer protections for overdraft fees A bill to provide consumer protections in auto lending Amendments and riders to appropriations bills House Bill re: Non-profit CDFI Depository Bank Expansion House Bill, Chairman Hensarling discussion draft, The Financial Choice Act
Client expense: $110,000 · Firm income: Not reported
Government targets: Consumer Financial Protection Bureau (CFPB), Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), Natl Credit Union Administration (NCUA), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), Treasury, Dept of, White House Office
2016 · fourth_quarter · Insurance
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: $340,000 · 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
2016 · fourth_quarter · Insurance
Monitor implementation of P.L. 113-279, the Insurance Capital Standards Clarification Act of 2014; support H.R. 2141, the International Insurance Standards Transparency and Policyholder Protection Act of 2015; H.R. 5143, the Transparent Insurance Standards Act of 2016; and H.R. 5177, the National Mitigation Investment Act; support H.R. 6436, the U.S. Insurance Regulation Works Act of 2016.
Client expense: Not reported · Firm income: $20,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
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: $150,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Financial Institutions/Investments/Securities
H.R. 1309, Systemic Risk Designation Improvement Act of 2015 H.R. 1486, Taking Account of Bureaucrats' Spending (TABS) Act of 2016 H.R. 1550, Financial Stability Oversight Council Improvement Act of 2015 H.R. 2356, Fair Access to Investment Research Act of 2015 H.R. 2357, Accelerating Access to Capital Act of 2015 H.R. 2477, Financial Transparency Act of 2015 H.R. 3340, Financial Stability Oversight Council Reform Act H.R. 3557, FSOC Transparency and Accountability Act H.R. 3738, Office of Financial Research Accountability Act of 2015 H.R. 3784, SEC Small Business Advocate Act of 2015 H.R. 3791, To raise the consolidated assets threshold under the small bank holding company policy statement, and for other purposes H.R. 3798, Due Process Restoration Act of 2015 H.R. 3868, Small Business Credit Availability Act H.R. 4096, Investor Clarity and Bank Parity Act H.R. 4139, Fostering Innovation Act of 2015 H.R. 4166, Expanding Proven Financing for American Employers Act H.R. 4168, Small Business Capital Formation Enhancement Act H.R. 4216/S. 1802, Consumer Financial Choice and Capital Markets Protection Act of 2015 H.R. 4293, Affordable Retirement Advice Protection Act H.R. 4294, Strengthening Access to Valuable Education and Retirement Support (SAVERS) Act of 2015 H.R. 4450/S. 2489, Incorporation Transparency and Law Enforcement Assistance Act H.R. 4498/S. 978, Helping Angels Lead Our Startups (HALOS) Act H.R. 4620, Preserving Access to CRE Capital Act of 2016 H.R. 4718, Gender Diversity in Corporate Leadership Act of 2016 H.R. 4852, Private Placement Improvement Act of 2016 H.R. 4854, Supporting America's Innovators Act of 2016 H.R. 4855, Fix Crowdfunding Act H.R. 5019, Fair Access to Investment Research Act of 2016 H.R. 5143, Transparent Insurance Standards Act of 2016 H.R. 5311, Corporate Governance Reform and Transparency Act of 2016 H.R. 5424, Investment Advisers Modernization Act of 2016 H.R. 5429, SEC Regulatory Accountability Act H.R. 5485/S. 3067, Financial Services and General Government Appropriations Act, 2017, including provisions related to House Amendment 1253 H.R. 5982, Midnight Rules Relief Act of 2016 H.R. 5983, Financial CHOICE Act of 2016 H.R. 6392, Systemic Risk Designation Improvement Act of 2016 H.R. 6427, Creating Financial Prosperity for Businesses and Investors Act S. 2867, SEC Small Business Advocate Act of 2016 Final regulation on definition of the term "fiduciary"; conflict of interest rule--retirement investment advice (81 Fed. Reg. 20,946, April 8, 2016) Proposed regulations on arbitration agreements (81 Fed. Reg. 32,830, May 24, 2016) Proposed regulations on amendments relating to disclosure of records and information (81 Fed. Reg. 58,310, August 24, 2016) Proposed regulations on universal proxy (81 Fed. Reg. 79,122, November 10, 2016) Proposed regulations on regulation automated trading (81 Fed. Reg. 85,334, November 25, 2016) Proposed regulations on cross-border application of the registration thresholds and external business conduct standards applicable to swap dealers and major swap participants (81 Fed. Reg. 71,946, October 18, 2016) Proposed rule on regulations Q and Y; risk-based capital and other regulatory requirements for activities of financial holding companies related to physical commodities and risk-based capital requirements for merchant banking investments (81 Fed. Reg. 67,220, September 30, 2016) Notice regarding consumer response company response survey (81 Fed. Reg. 50,484, August 1, 2016) Various issues relating to the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (P.L. 111-203); Basel III capital standards, bank capital, and liquidity reform; political spending disclosures; systemic risk regulation and capital standards for non-bank financial companies; changes to Credit Repair Organizations Act (CROA) of 1996 (P.L. 90-321, Title IV); Federal Reserve reform; proxy voting system
Client expense: $18,590,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Consumer Product Safety Commission (CPSC), Council on Environmental Quality (CEQ), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Bureau of Investigation (FBI), Federal Communications Commission (FCC), Federal Reserve System, Federal Trade Commission (FTC), General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation Security Administration (TSA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Fish & Wildlife Service (USFWS), U.S. Geological Survey (USGS), U.S. Trade Representative (USTR), White House Office
2016 · fourth_quarter · Insurance
H.R.526/ S. 357- Furthering Asbestos Claim Transparency (FACT) Act of 2015- 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. (entire bill) S.1086, International Insurance Capital Standards Accountability Act of 2015- A bill to establish an insurance policy advisory committee on international capital standards, and for other purposes. (entire bill) H.R. 5143 - Transparent Insurance Standards Act of 2016 - To provide greater transparency and congressional oversight of international insurance standards setting processes, and for other purposes H.R.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. (entire bill) H.R.2230, Disaster Savings Accounts Act of 2015- To amend the Internal Revenue Code of 1986 to allow individuals a deduction for amounts contributed to disaster savings accounts to help defray the cost of preparing their homes to withstand a disaster and to repair or replace property damaged or destroyed in a disaster. (entire bill) S.1679/H.R. 2901, Flood Insurance Market Parity and Modernization Act- A bill to amend the Flood Disaster Protection Act of 1973 to require that certain buildings and personal property be covered by flood insurance, and for other purposes. (entire bill) H.R.1735, National Defense Authorization Act for Fiscal Year 2016- An act to authorize appropriations for fiscal year 2016 for military activities of the Department of Defense, for military construction, and for defense activities of the Department of Energy, to prescribe military personnel strengths for such fiscal year, and for other purposes. (Sec 839) S.1526, Construction Consensus Procurement Improvement Act of 2015- A bill to amend title 10 and title 41, United States Code, to improve the manner in which Federal contracts for construction and design services are awarded, to prohibit the use of reverse auctions for design and construction services procurements, to amend title 31 and 41, United States Code, to improve the payment protections available to construction contractors, subcontractors, and suppliers for work performed, and for other purposes. (entire bill) Issues related to the imposition of capital standards to non-banks. Issues related to the implementation of Dodd-Frank Act (PL 111-203), the provision which may impact insurance regulation. Implementation of Biggert-Waters Flood Insurance Act of 2012. Issues related to the Systemic Risk Designation process pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act. H.R.3794- Nonprofit Property Protection Act- To amend the Liability Risk Retention Act of 1986 to expand the types of commercial insurance authorized for risk retention groups serving nonprofit organizations and educational institutions, and for other purposes. (entire bill) S.2848/HR 5303 - The Water Resources Development Act (issues relating to Surety). H.R. 3456 - Flood Insurance mitigation and Policy Holder Protection Act of 2015. (entire bill) H.R. 4107 - Flood Insurance Transparency and Accountability Act of 2015. (entire bill) H.R. 3583 - PREPARE Act (title V) H.R. 5485/S. 3067 - Financial Services and General Government Appropriations Act 2017 (Sec. 745) H.R. 5983 - Financial CHOICE Act - (Titles I, II, III, and V) H.R. 6392 - Systemic Risk Designation Improvement Act - (entire bill)
Client expense: $390,000 · Firm income: Not reported
Government targets: Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Treasury, Dept of
2016 · fourth_quarter · Insurance
Issues related to the activities of the International Association of Insurance Supervisors. Issues related to the development of capital standards by the Federal Reserve for insurers that are designated as systemically important and insurers that own depository institutions. H.R. 5143, Transparent Insurance Standards Act of 2016, all provisions. H.R. 5983, Financial CHOICE Act, provisions related to insurance.
Client expense: $950,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE
2016 · fourth_quarter · Insurance
Matters relating to U.S.-China bilateral trade negotiations; implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; Justice for Sponsors of Terrorism Act (S. 2040),; international regulatory matters, international trade negotiations; H.R. 5143-Transparent Insurance Standards Act; H.R. 5303, Water Resources Development Act.
Client expense: Not reported · Firm income: $180,000
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of
2016 · fourth_quarter · Insurance
Issues regarding financial services agenda for 115th Congress. Issues relating to Covered Agreement negotiations between the US and EU. HR 5983, Financial CHOICE Act of 2016, provisions relating to insurance and the roles of Independent Insurance expert on Federal Insurance Office and Financial Stability Oversight Council. HR 5143, Transparent Insurance Standards Act of 2016, all provisions.
Client expense: $120,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), U.S. Trade Representative (USTR)
2016 · fourth_quarter · Insurance
H.R. 2901: Flood Insurance Market Parity and Modernization Act H.R. 5143: Transparent Insurance Standards Act No Bill Number: Issues related to the development of domestic and international capital standards
Client expense: $300,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Transportation, Dept of (DOT), Treasury, Dept of
2016 · fourth_quarter · Insurance
Issues related to financial services regulatory reform, specifically as it applies to insurance regulation. Implementation of Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 111-203). Issues related to the Federal Insurance Office and the systemic risk designation process. Issues related to flood insurance. Issues related to surety bonds. S.1679, Flood Insurance Market Parity and Modernization Act. H.R.2901, Flood Insurance Market Parity and Modernization Act. H.R. 5143, Transparent Insurance Standards Act of 2016.
Client expense: Not reported · Firm income: $40,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Banking
Issues relating to capital standards. H.R 5143, Transparent Insurance Standards Act of 2016. General Fin Tech issues.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Financial Institutions/Investments/Securities
S. 1086: International Insurance Capital Standards Accountability Act H.R. 5143: Transparent Insurance Standards Act No Bill Number: Issues related to the development of domestic and international capital standards No Bill Number: Issues related to the Financial Stability Oversight Council process for designating systemically important financial institutions
Client expense: $290,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Treasury, Dept of
2016 · second_quarter · Financial Institutions/Investments/Securities
S. 1086: International Insurance Capital Standards Accountability Act H.R. 5143: Transparent Insurance Standards Act No Bill Number: Issues related to the Financial Stability Oversight Council process for designating systemically important financial institutions
Client expense: $260,000 · Firm income: Not reported
Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Treasury, Dept of
2016 · fourth_quarter · Banking
S. 1484, the "The Financial Regulatory Improvement Act of 2015" HR 5143, the Transparent Insurance Standards Act of 2016" HR 5398, the Financial CHOICE Act of 206
Client expense: Not reported · Firm income: $60,000
Government targets: HOUSE OF REPRESENTATIVES
2016 · fourth_quarter · Insurance
International discussions on appropriate capital standards for insurers; Issues related to surety bonds / public private partnerships; Natural disaster-related legislation; Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act; International regulatory matters, including statutory disability issues; H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015; S. 1086 - International Insurance Capital Standards Accountability Act; and H.R. 2901 / S. 1679 - Flood Insurance Market Parity and Modernization Act; H.R. 5143 - Transparent Insurance Standards Act.
Client expense: $1,000,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, State, Dept of (DOS), Treasury, Dept of
2016 · fourth_quarter · Insurance
HR 5143 The Transparent Insurance Standards Act - We support this bill as it directs U.S. federal regulators (Treasury and the Federal Reserve) to work with state insurance regulators and preserve the state-based insurance regulatory system.
Client expense: Not reported · Firm income: Not reported
Government targets: Federal Reserve System, Treasury, Dept of
2016 · fourth_quarter · Financial Institutions/Investments/Securities
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 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.
Client expense: $500,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
Implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Pub.L. 11-203), specifically as it applies to insurance regulation and capital standards proposed by the Federal Reserve Board. H.R. 5983 Financial CHOICE Act of 2016 Issues related to the Federal Insurance Office, including issues related to the Covered Agreement. Regulatory reform in general Issues related to the implementation of the Biggert-Waters Flood Insurance Reform Act of 2012 and Homeowner Flood Insurance Affordability Act of 2014. H.R.2901/S.1679: Flood Insurance Market Parity and Modernization Act H.R.6104: Timely Payments for Flood Victims Act of 2016 H.R.6196: Repeatedly Flooded Communities Preparation Act Issues related to the Department of Housing and Urban Development's final rule on disparate impact Issues related to access to the Death Master File, particularly as it applies to life insurance H.R. 2141: International Insurance Standards Transparency and Policyholder Protection Act of 2015 S.1086: International Insurance Capital Standards Accountability Act of 2015 H.R. 5143: Transparent Insurance Standards Act of 2016
Client expense: $590,000 · Firm income: Not reported
Government targets: Centers For Medicare and Medicaid Services (CMS), Consumer Financial Protection Bureau (CFPB), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), SENATE, Securities & Exchange Commission (SEC), Transportation, Dept of (DOT), Treasury, Dept of
2016 · fourth_quarter · Insurance
Insurance issues including terrorism risk insurance reauthorization, Medicare Secondary Payer Act reporting, the National Flood Insurance Program, and group disability insurance enrollment. H.R. 26 - Terrorism Risk Insurance Program Reauthorization Act of 2015 S.Amdt.667 to S.Con.Res.11 S. 754 - Cybersecurity Information Sharing Act of 2015 S. 456 - Cyber Threat Sharing Act of 2015 H.R. 234- Cyber Intelligence Sharing and Protection Act S. 960- Data Security Act of 2015 H.R. 2205- Data Security Act of 2015 H.R. 141 - Flood Insurance Premium Parity Act of 2015 H.R. 23- National Windstorm Impact Reduction Act Reauthorization of 2015 H.R. 1560- Protecting Cyber Networks Act S. 335- A bill to amend the Internal Revenue Code 1986 to improve 529 plans H.R. 529- To amend the Internal Revenue Code of 1986 to improve 529 plans H.R. 2048- USA Freedom Act 2015 S. 1514 - Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2015 H.R. 2649- Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2015 H.R. 981- Social Security Disability Insurance and Unemployment Benefits Double Dip Elimination Act H.R. 2359- Disability FRAUD Prevention Act H.R. 1936- Improving the Integrity of Disability Evidence Act S. 1514- Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2015 H.R. 2649- Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2015 Defense Departments FY 2016 budget (surety provisions) H.R. 2353- Highway and Transportation Funding Act of 2015 H.R. 3794- the Nonprofit Property Protection Act H.R. 4107- Flood Insurance Transparency and Accountability Act of 2015 S. 2324- Flood Insurance Transparency and Accountability Act of 2015 H.R. 2205- The Data Security Act H.R. 2029- Consolidated Appropriations Act S. 524- Comprehensive Addiction and Recovery Act (CARA) S. 2658 Federal Aviation Administration (FAA) Reauthorization Act of 2016 H.R. 4441, the Aviation Innovation, Reform, and Reauthorization (AIRR) Act H.R. 2901: Flood Insurance Market Parity and Modernization Act S. 1679: Flood Insurance Market Parity and Modernization Act S. 2607: DIGIT Act S. 2040: Justice Against Sponsors of Terrorism Act (JASTA) H.R. 3815: Justice Against Sponsors of Terrorism Act (JASTA) H.R. 5177 The National Mitigation Investment Act of 2016 H.R. 5143 The Transparent Insurance Standards Act H.R. 2028 Continuing Resolution (CR) International Capital Standards Flood Insurance and WYO Arrangement Expansion of the Risk Retention Act Bipartisan Budget Act of 2015 White House Budget 2016 White House Cybersecurity National Action Plan Cybersecurity Risk Insurance IAIS 2016 G-SII Data Collection Autonomous Vehicle Guidelines
Client expense: $330,000 · Firm income: Not reported
Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT), Treasury, Dept of
2016 · fourth_quarter · Financial Institutions/Investments/Securities
Financial regulatory reform issues including implementation of PL 111-203 Dodd-Frank Wall Street Reform and Consumer Protection Act. Implementation of PL 113-279, S 2270 Insurance Capital Standards Clarification Act of 2014. Issue: capital standards. HR 4538 / S 2216 Senior$afe Act of 2016. Issue: protecting seniors' financial security. HR 2141 International Insurance Standards Transparency and Policyholder Protection Act of 2015. Issue: insurance standards. HR 5143 Transparent Insurance Standards Act. Issue: insurance standards. S 1086 International Insurance Capital Standards Accountability Act of 2015. Issue: insurance regulatory reform. HR 1550 Financial Stability Oversight Council Improvement Act of 2015. Issue: FSOC procedures. HR 5983: Financial CHOICE Act. Issue: implementation and regulatory reform of financial services industry. No bill number. Issue: covered agreements on prudential measures with respect to the business of insurance and reinsurance.
Client expense: $250,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Financial Institutions/Investments/Securities
H.R. 5143 - Transparent Insurance Standards Act of 2016 No Bill # - Issues relating to Dodd-Frank implementation and FIO, OFR, Volcker Rule, FSOC, FSB and their associated work on topics like capital standards, non-bank SIFI designation, insurance regulation, and oversight S. 1484 - Financial Regulatory Improvement Act of 2015 No Bill # - Insurance Capital Standards H.R. 4248 - FSOC Designation Review Act No Bill # - IAIS development of international capital standards for global systemically important insurers and internationally active insurers H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015 S. 1086 - International Insurance Capital Standards Accountability Act of 2015 H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015. N/A - Basel Committee on Banking Supervision's Fundamental Review of the Trading Book (Pre-rulemaking stages) N/A - RIN 3064-AE33 "Recordkeeping for Timely Deposit Insurance Determination"
Client expense: $1,790,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Office of Management & Budget (OMB), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), State, Dept of (DOS), Treasury, Dept of, U.S. Trade Representative (USTR)
2016 · fourth_quarter · Insurance
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
2016 · fourth_quarter · Financial Institutions/Investments/Securities
H.R. 554 - Enhancing Educational Opportunities for All Students Act; entire bill H.R. 1098 - The Investor Choice Act; entire bill H.R. 1550 - Financial Stability Oversight Council Improvement Act of 2015; entire bill H.R. 1560 - Protecting Cyber Networks Act; entire bill H.R. 1731 - National Cybersecurity Protection Advancement Act of 2015; entire bill H.R. 1770 - Data Security and Breach Notification Act of 2015; entire bill H.R. 2141 - International Insurance Standards Transparency and Policyholder Protection Act; entire bill H.R. 2205 - Data Security Act; entire bill H.R. 2289 - Commodity End-User Relief Act; entire bill H.R. 2356 - Fair Access to Investment Research Act of 2015; entire bill H.R. 2896 - Taking Account of Institutions with Low Operation Risk Act of 2015 or the TAILOR Act of 2015; entire bill H.R. 3524 - Equal Employment for All Act of 2015; entire bill H.R. 5143 - the Transparent Insurance Standards Act of 2016; entire bill H.R. 5311 - the Corporate Governance Reform and Transparency Act; entire bill H.R. 5485 - Financial Services and General Government Appropriations Act, 2017; provisions relating to SECs proposed Rule 30e-3 on e-delivery of shareholder reports H.R. 6118 - Financial Services Innovation Act of 2016; entire bill H.R. 6392 - Systemic Risk Designation Improvement Act of 2016; entire bill S. 177 - Data Security and Breach Notification Act of 2015; entire bill S. 1086 - The International Insurance Capital Standards Accountability Act, entire bill S. 1158 - Consumer Privacy Protection Act of 2015; entire bill S. 1560 - To amend the Commodity Exchange Act to provide end-users with a reasonable amount of time to meet their margin requirements and to repeal certain indemnification requirements for regulatory authorities to obtain access to swap data required to be provided by swaps entities; entire bill S. 1722 - Salary Collection Regulatory Relief Act; entire bill S. 3092 - Fair Access to Investment Research Act of 2016; entire bill S. 3153 - Taking Account of Institutions with Low Operation Risk Act of 2016 or TAILOR Act of 2016; entire bill Administrations package of legislative and regulatory initiatives designed to improve U.S. cybersecurity and protect customers from data breaches Financial CHOICE Act of 2016 Discussion Draft; provisions relating to SIFI designation, international capital standards, FIO restructuring, Senior$afe Act, DOL ERISA Fiduciary rule
Client expense: $770,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Transportation
H.R.5143, Transparent Insurance Standards Act of 2016
Client expense: Not reported · Firm income: $42,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
Monitoring and educating legislators on international regulatory developments governing insurance and its potential impact on domestic accounting, capital, and legal entity regulatory approaches, including resolutions and bills seeking greater transparency at the IAIS, such as: H.R. 2141, International Insurance Standards Transparency and Policyholder Protection Act of 2015 H.R. 5143, Transparent Insurance Standards Act of 2016 S. 3067/H.R. 5485, Financial Services and General Government Appropriations Act, 2017 S. 1484, Financial Regulatory Improvement Act of 2015. National Flood Insurance Plan (NFIP), exploring options and implications related to the Federal flood insurance program and its reauthorization. H.R. 2901/S. 1679, Flood Insurance Market Parity and Modernization Act.
Client expense: $800,000 · Firm income: Not reported
Government targets: Commerce, Dept of (DOC), Federal Aviation Administration (FAA), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Office of Management & Budget (OMB), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Postal Service (USPS)
2016 · fourth_quarter · Insurance
H.R.5983, Financial CHOICE Act of 2016. H.R.2649/S.1514, Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2015; Medicare Set-Aside issues. H.R.2901, Flood Insurance Market Parity and Modernization Act; flood insurance issues. H.R.5143, Transparent Insurance Standards Act of 2016; international insurance issues. Issues related to impaired and distracted driving. Issues related to state workers' compensation programs.
Client expense: Not reported · Firm income: $50,000
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
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
2016 · fourth_quarter · Insurance
Financial services regulatory reform legislation regarding provisions affecting the regulation of insurance products and companies. International discussions on appropriate capital standards for insurers. Systemic risk in Financial Services. H.R. 5143, Transparent Insurance Standards Act of 2016. H.R.5983, Financial CHOICE Act of 2016.
Client expense: $120,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · third_quarter · Insurance
S.1086 - International Insurance Capital Standards Accountability Act of 2015: 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. H.R.2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015: bill prescribes negotiating objectives for international insurance regulatory frameworks, including: (1) standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and (2) a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. H.R. 5143 - Transparent Insurance Standards Act of 2016: To provide greater transparency and congressional oversight of international insurance standards setting processes. H.R. 5485 - Financial Services and General Government Appropriations Act, 2017 - To express the importance of agreeing to domestic insurance capital standards before international standards are adopted.
Client expense: $504,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
S.1086 - International Insurance Capital Standards Accountability Act of 2015: 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. H.R.2141 - International Insurance Standards Transparency and Policyholder Protection Act of 2015: bill prescribes negotiating objectives for international insurance regulatory frameworks, including: (1) standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and (2) a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. H.R. 5143 - Transparent Insurance Standards Act of 2016: To provide greater transparency and congressional oversight of international insurance standards setting processes. H.R. 5485 - Financial Services and General Government Appropriations Act, 2017 - To express the importance of agreeing to domestic insurance capital standards before international standards are adopted.
Client expense: $530,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
Implementation and modifications to P.L. 111-203, the Dodd-Frank Wall Street Reform and Consumer Protection Act. P.L. 113-279, implementation of the Insurance Capital Standards Clarification Act of 2014, provisions related to capital and accounting standards regulation for insurance-based savings and loan holding companies under the Collins Amendment of the Dodd-Frank Act. Monitoring international regulatory developments governing insurance and its potential impact. Consumer lending issues. H.R 2141, International Insurance Standards Transparency and Policyholder Protection Act of 2015. H.R. 5143, Transparent Insurance Standards Act of 2016
Client expense: Not reported · Firm income: $70,000
Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE
2016 · fourth_quarter · Insurance
Transparent Insurance Standards Act of 2016, H.R. 5143, all provisions Monitor implementation of (Pub. L. 114-1), the Terrorism Risk Insurance Program Reauthorization Act of 2015, all provisions Monitor implementation of Pub. L. 114-113, Consolidated Appropriations Act, 2016 (contains the Policyholder Protection Act), all provisions Terrorism Risk Insurance Program Reauthorization Act of 2015, H.R. 26, all provisions The Federal Insurance Offices activities at the International Association of Insurance Supervisors, all provisions Monitor implementation of P.L. 113-279, The Insurance Capital Standard Clarification of 2014, all provisions International Insurance Capital Standards Accountability Act - S. 1086, all provisions International Insurance Standards Transparency and Policyholder Protection Act - H.R. 2141, all provisions Financial Regulatory Improvement Act - S. 1484, all provisions Retail Investor Protection Act, H.R. 1090, all provisions Federal Reserve Accountability and Transparency Act of 2014, H.R. 5018, all provisions Office of Financial Research Accountability Act of 2015, H.R. 3738, all provisions Nonprofit Property Protection Act, H.R. 3794, all provisions FILES Act of 2015, H.R. 3890, all provisions FSOC Designation Review Act, H.R. 4248, all provisions Financial Stability Oversight Council Improvement Act of 2015, H.R. 1550, all provisions American Business Competitiveness Act of 2015, H.R. 4377, all provisions Bureau of Consumer Financial Protection Accountability Act of 2015, H.R. 1261, all provisions Consumer Right to Financial Privacy Act of 2015, H.R. 1262, all provisions Bureau of Consumer Financial Protection Advisory Board Enhancement Act, S. 1963, all provisions Consumer Financial Protection Safety and Soundness Improvement Act of 2015, H.R. 1263, all provisions Bureau of Consumer Financial Protection Advisory Boards Act, H.R. 1195, all provisions Financial Regulatory Improvement Act of 2015, S. 1484, all provisions Financial Stability Oversight Council Reform Act, H.R. 3340, all provisions Financial Product Safety Commission Act of 2015, H.R. 1266, all provisions FSOC Transparency and Accountability Act, H.R. 3557, all provisions Office of Financial Research Accountability Act of 2015, H.R. 3738, all provisions To require the Board of Governors of the Federal Reserve System and the Financial Stability Oversight Council to carry out certain requirements under the Financial Stability Act of 2010 before making any new determination under section 113 of such Act, and for other purposes, H.R. 3857, all provisions AFFIRM Act, H.R. 3973, all provisions AFFIRM Act, S. 2244, all provisions Consumer Financial Protection Bureau Accountability Act of 2016, S. 3318, all provisions A bill to amend the Terrorism Risk Insurance Act of 2002 to provide for the release of certain blocked assets, and for other purposes, S. 3442, all provisions Financial CHOICE Act of 2016, H.R. 5983, all provisions Systemic Risk Designation Improvement Act of 2016, H.R. 6391, all provisions Systemic Risk Designation Improvement Act of 2016, H.R. 6390, all provisions U.S. Insurance Regulation Works Act of 2016, H.R. 6436, all provisions
Client expense: $390,000 · Firm income: Not reported
Government targets: Federal Aviation Administration (FAA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Labor, Dept of (DOL), SENATE, Treasury, Dept of, U.S. Trade Representative (USTR)
2016 · fourth_quarter · Insurance
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)
2016 · fourth_quarter · Insurance
PL-114-1 TRIA/NARAB II Implementation HR 1090- Retail Investor Protection Act (all provisions) DOL Fiduciary Standard HR 1550- FSOC Improvement Act (all provisions) S 1086- International Insurance Capital Standards Accountability Act (all provisions) HFIAA (Homeowner Flood Insurance Affordability Act) Implementation HR 2141- International Insurance Standards Transparency and Policyholder Protection Act (all provisions) S 1679 and HR 2901- Flood Insurance Market Parity Act (all provisions) HR 3794- Non Profit Property Protection Act (all provisions) HR 4107- Flood Insurance Transparency Act (all provisions) S 2497- Retail Investor Protection Act (all provisions) S 2505 and HR 4292- SAVERS Act (all provisions) S 2502 and HR 4293- Affordable Retirement Advice Protection Act (all provisions) HR 3922- Retirement Choice Protection Act (all provisions) HR 5177- National Mitigation Investment Act (all provisions) HR 3583- Prepare Act (title V, flood insurance claims & process reforms) HR 5143- Transparent Insurance Standards Act (all provisions) HJ Res 88- CRA DOL Fiduciary Resolution (all provisions) HR 6104- Timely Payments to Flooded Victims Act (all provisions) HR 6159- Foreign Account Tax Compliance Act (all provisions) HR 5983- CHOICE Act (insurance provisions) HR 2230- Disaster Savings Account Act of 2015 (all provisions) HR 6270 & S 3424- To prevent the avoidance of tax by insurance companies through reinsurance with non-taxed affiliates (all provisions) HR 6436- US Insurance Regulation Works Act (all provisions)
Client expense: $230,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), Natl Credit Union Administration (NCUA), Office of Management & Budget (OMB), SENATE, Treasury, Dept of
2016 · fourth_quarter · Insurance
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