ZURICH AMERICAN INSURANCE COMPANY for ZURICH AMERICAN INSURANCE COMPANY

Government Issues GOV

Legislative proposals to amend the Foreign Agents Registration Act, efforts to preserve the law's LDA exception.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: SENATE; Executive Office of the President (EOP); Commerce, Dept of (DOC); Risk Management Agency; HOUSE OF REPRESENTATIVES; Agriculture, Dept of (USDA); Homeland Security, Dept of (DHS); Labor, Dept of (DOL); Treasury, Dept of

Trade (domestic/foreign) TRD

Discussions related to U.S.-EU covered agreement. Discussions related to proposals to facilitate and promote competitive financial services markets. Discussions on insourcing and foreign direct investment. Support of House Global Investment Caucus. General discussions in support of covered agreements. H.R. 4311/S. 2098, Foreign Investment Risk Review Modernization Act. Discussions related to the U.S.-Mexico-Canada Agreement (USMCA).

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Labor, Dept of (DOL); SENATE; Executive Office of the President (EOP); Risk Management Agency; HOUSE OF REPRESENTATIVES; Homeland Security, Dept of (DHS); Commerce, Dept of (DOC); Agriculture, Dept of (USDA); Treasury, Dept of

Bills named: H.R. 4311 (115th), S. 2098 (115th)

Agriculture AGR

Issues in support of preserving the Federal Crop Insurance Program, including in the 2014 and successive Farm Bill, agricultural appropriations, the budget, and the Standard Reinsurance Agreement. H.R. 2332/S. 1025, AFFIRM Act, all provisions. S. 499, SHIPP Act of 2017. H.R. 3698/S. 1773, to amend the Federal Crop Insurance Act to limit the overall rate of return for crop insurance providers and remove the requirement of budget neutrality in the Standard Reinsurance Agreement. Regulatory reform improvements. S. 2096/H.R. 4305, legislation to prohibit premium subsidy for harvest price policies. H.R. 2/S. 3042, Agriculture Improvement Act of 2018.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Labor, Dept of (DOL); SENATE; Executive Office of the President (EOP); Treasury, Dept of; HOUSE OF REPRESENTATIVES; Agriculture, Dept of (USDA); Commerce, Dept of (DOC); Risk Management Agency; Homeland Security, Dept of (DHS)

Bills named: H.R. 2332 (115th), S. 499 (115th), H.R. 2 (115th), S. 2096 (115th), H.R. 4305 (115th), S. 1025 (115th), H.R. 3698 (115th), S. 1773 (115th), S. 3042 (115th)

Taxation/Internal Revenue Code TAX

Implementation of Pub. L. No. 115-97, Tax Cuts and Jobs Act of 2017, provisions related to prevention of base erosion, treatment of P&C insurance, life insurance, and corporate rates. Discussions related to tax credits for apprenticeships. H.R. 721/S. 407, the Building Rail Access for Customers and the Economy Act. H.R. 6757, Family Savings Act of 2018.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Agriculture, Dept of (USDA); Commerce, Dept of (DOC); Treasury, Dept of; Homeland Security, Dept of (DHS); Risk Management Agency; Labor, Dept of (DOL); SENATE; Executive Office of the President (EOP); HOUSE OF REPRESENTATIVES

Bills named: H.R. 721 (115th), H.R. 6757 (115th), S. 407 (115th)

Insurance INS

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: Repeal and replacement legislation to Dodd-Frank; H.R. 10, Financial CHOICE Act of 2017; H.R. 2350, Small Business Know-Before-You-Bid Construction Transparency Act of 2017; S.770, MAIN STREET Cybersecurity Act of 2017. Notification and Protection Act. Data Security Act. General discussions on issues related to Surety Bonds, including: surety provisions in public-private partnerships; Partnership to Build America Act; Construction Consensus Procurement Improvement Act; National Defense Authorization Act for Fiscal Year 2018, provisions on construction procurement, specifically issues related to the Miller Act and indexing project amounts needed for surety bond protections; Water Resources Development Act. Legislation and proposals related to the national flood insurance program focused on pre-event mitigation and long term resilience, including: H.R. 2875, the National Flood Insurance Program Administrative Reform Act of 2017; H.R. 1558, the Repeatedly Flooded Communities Preparation Act; H.R. 1422, the Flood Insurance Market Parity and Modernization Act; H.R. 2246, the Taxpayer Exposure Mitigation Act of 2017; H.R. 2565, a bill to require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. Legislative proposals related to autonomous vehicles, including: H.R. 3388, SELF DRIVE Act; S. 1885, AV START Act. Issues related to Risk Retention Groups. H.R. 3110/S. 1463, Financial Stability Oversight Council Insurance Member Continuity Act (P.L. 115-61). H.R. 3861, Federal Insurance Office Reform Act of 2017. H.R. 3762/S. 1360, International Insurance Capital Standards Accountability Act of 2017. H.R. 3746, Business of Insurance Regulatory Act of 2017. H.R. 4537, International Insurance Standards Act of 2017. H.R. 3808, Infrastructure Expansion Act of 2017. H.R. 2105, NIST Small Business Cybersecurity Act. H.R. 4668, Small Business Advanced Cybersecurity Enhancements Act of 2017. S. 2155, Economic Growth, Regulatory Relief, and Consumer Protection Act. Military Lending Act, provisions related to the sale GAP and credit insurance to service members. S. 488, JOBS and Investor Confidence Act of 2018, inclusion of the "International Insurance Standards Act of 2018". S. 1182, National Flood Insurance Program Extension Act of 2018 H.R. 2874, 21st Century Flood Reform Act. H.R. 6743, Consumer Information Notification Requirement Act.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: SENATE; Homeland Security, Dept of (DHS); Labor, Dept of (DOL); Treasury, Dept of; Executive Office of the President (EOP); Commerce, Dept of (DOC); Risk Management Agency; Agriculture, Dept of (USDA); HOUSE OF REPRESENTATIVES

Bills named: H.R. 1422 (115th), S. 770 (115th), H.R. 3762 (115th), H.R. 1558 (115th), H.R. 2350 (115th), H.R. 2246 (115th), H.R. 3110 (115th), S. 1360 (115th), H.R. 10 (115th), S. 488 (115th), S. 2155 (115th), H.R. 3808 (115th), H.R. 4537 (115th), H.R. 2105 (115th), H.R. 3388 (115th), S. 1182 (115th), S. 1463 (115th), H.R. 6743 (115th), S. 1885 (115th), H.R. 3861 (115th), H.R. 2565 (115th), H.R. 2875 (115th), H.R. 3746 (115th), H.R. 4668 (115th), H.R. 2874 (115th)

Labor Issues/Antitrust/Workplace LBR

General discussions related to the modernization of the Medicare secondary payer process (specific to workers compensation liability). General discussion related to ERISA disability claim procedures. General discussions on apprenticeships, including specific Illinois program, DOL's American Apprenticeship Initiative Grant program, and certified apprenticeship status. H.R. 372, Competitive Health Insurance Reform Act of 2017. S. 3079, Medicare Secondary Payer and Workers' Compensation Settlement Agreements Act of 2018. H.R. 5881, PAID Act.

Foreign entity interest: Zurich Insurance Group - interests are those of parent company.

Contacted: Treasury, Dept of; SENATE; Executive Office of the President (EOP); Labor, Dept of (DOL); Agriculture, Dept of (USDA); Homeland Security, Dept of (DHS); HOUSE OF REPRESENTATIVES; Risk Management Agency; Commerce, Dept of (DOC)

Bills named: S. 3079 (115th), H.R. 372 (115th), H.R. 5881 (115th)