LIBERTY MUTUAL GROUP

Taxation/Internal Revenue Code

-Issues related to the Tax Cuts and Jobs Act. -Ensure international anti-base erosion measures address use of offshore affiliate reinsurance. -Issues related to GILTI+BEAT regulations. -Issues related to OECD Pillar 1 and Pillar 2. -Issues related to Book Minimum. -Issues related to Wildfire Mitigation Tax Credits. -Issues related to implementation of the Inflation Reduction Act. -Issues related to third party litigation funding, including the Litigation Transparency Act, H.R. 1109, and Protecting Our Courts from Foreign Manipulation Act, H.R. 2675. -Tax issues in H.R. 1 (One Big Beautiful Bill Act).

TargetedSENATE · HOUSE OF REPRESENTATIVES

Insurance

-General interest in covered agreements. -International discussions on appropriate standards for insurers. -General interest in autonomous vehicle policy. -International Association of Insurance Supervisors (IAIS) development of an Insurance Capital Standard (ICS) including Federal Reserve Board and US Treasury and Federal Insurance Office participation. -General interest in data privacy. -Issues related to flood insurance. -Issues related to non-driving underwriting factors. -Community Disaster Resilience Zone Act. -Issues related to the Right to Equitable and Professional Auto Industry Repair Act, REPAIR Act, H.R. 1566.

TargetedSENATE · HOUSE OF REPRESENTATIVES