Lloyd's of London has enlisted Patton Boggs to lobby for it in Washington, expanding the insurance market's stable of U.S. lobbying firms to three.
The insurance market, which doesn't have in-house lobbyists in Washington, entered 2013 with only Arnold & Porter and Gibbons & Co. in D.C. for lobbying before it picked up Patton, congressional records show. Lloyd's hired Patton to advocate on "[i]ssues with respect to insurance generally and financial services," according to lobbying registration paperwork filed with Congress on Tuesday.
Patton partner Micah Green, senior policy adviser Vincent Frillici and associate Daris Meeks, who all focus on financial services and tax matters, are handling the Lloyd's account. None of them were immediately available for comment, and Patton spokesman Elliott Frieder declined to elaborate on the firm’s services beyond the information that was disclosed in the registration filing.
In 2012, Lloyd's paid Arnold & Porter $600,000 to lobby on matters that included Dodd–Frank and the National Flood Insurance Program and Terrorism Risk Insurance Act. Arnold & Porter legislative and public policy partner L. Charles Landgraf and associate Paul Howard, who handled the account, last year advocated for Lloyd's at Dewey & LeBoeuf before they left the now-defunct firm in May 2012. Dewey received $450,000 from Lloyd's in 2012 before Landgraf and Howard departed.
Gibbons last year didn't disclose any lobbying activity for Lloyd's or income in excess of $5,000 from the insurance market. Since at least 1999, the firm hasn't reported receiving any money from Lloyd's and generally hasn't revealed any lobbying activity for it.
Lloyd's is the largest provider of coverage in the United States in instances in which normal insurers won't give it. Lloyd’s writes reinsurance in all 50 U.S. states. Nearly 40 percent of the insurance market's annual premium has come from the United States since the 1990s.