STATE FARM MUTUAL AUTOMOBILE INSURANCE COMPANY

Cannabis legislation related to insurance and banking issues. Congressional efforts to better understand commercial use of artificial intelligence and its impact on consumers. Issues relating to reauthorization of the National Flood Insurance Program and FEMAs Risk Rating 2.0 flood insurance plan. Issues relating to the Federal Insurance Office's (FIO) proposed climate data call for homeowners' insurance. Issues relating to systemic risk, including the Financial Stability Oversight Council's (FSOC) proposed guidance and framework updates. Issues relating to the use of artificial intelligence (AI) in financial services. Issues relating climate-related property damage and impacts on insurance markets, including the Wildfire Insurance Coverage Study Act (H.R. 7462). The Insurance Data Protection Act of 2023 (H.R. 5535) concerning the subpoena authority of the Federal Insurance Office. Issues relating to state-based insurance regulation under the McCarran-Ferguson Act and federal initiatives impacting McCarran. Issues relating to the effects of inflation, state regulation, and other factors on the affordability and availability of insurance.

Discuss autonomous vehicle technologies and related regulatory issues and potential impact tor various businesses and the public in general (e.g. Federal Automated Vehicles policy). H.R. 607 - Booster Seat Safety Act of 2021, related to booster seat testing standards and creating a new testing dummy specifically designed for six-year- old children. H.R. 906 - Right to Equitable and Professional Auto Industry Repair, or REPAIR Act, relating to auto repair shops, owners, and operators, having access to vehicle-generated data necessary to fix a vehicle. Issues relating to regulatory implementation of auto and highway safety matters contained in the bipartisan Infrastructure Investment and Jobs Act (Public Law 117-58). Issues relating to National Highway Traffic Safety Administration's (NHTSA) final new Federal Motor Vehicle Safety Standard (FMVSS) that will make automatic emergency braking (AEB), including pedestrian AEB (PAEB), standard on all passenger cars and light trucks by September 2029.

H.R. 1707 concerning the reform of design patents for automobile parts. H.R. 906 Right to Equitable and Professional Auto Industry Repair Act.

Issues related to civil justice reform, including disclosure of third-party litigation funding.

Issues related to insurance industry research and development tax credit. (H.R. 2673/S 866). General tax issues related to property and casualty insurance provisions (e.g., discounting for loss reserving, proration rules, life/non-life consolidation rules, and net operating loss carryback and carryforward rules).