Carl Anthony Maio Senior Counsel

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Carl Anthony Maio Senior Counsel Warrington, PA Tel: 215.918.3616 Fax: 215.345.7507 camaio@foxrothschild.com Carl has an insider s knowledge of the insurance industry, with more than 40 years of experience in its business, financial, and legal aspects. Chair of the firm s Corporate Insurance Department and Insurance Practice Group, he focuses his practice on: mergers acquisitions demutualizations and conversions public and private transactions licensure formation of companies holding companies due diligence investigations shareholder matters and stockholder meetings preparation of general commercial contracts insolvency business insurance reinsurance/excess lines reinsurance arbitrations onshore and offshore captives regulatory compliance restructuring and fidelity surety and bond issues corporate governance coverage Carl s clients include insurance companies, insureds, and corporations in the U.S., Canada, Europe, and offshore, including Bermuda, the Caymans, Barbados, and the London market. Carl s recent matters include:

Representing Healthcare Providers Insurance Exchange (HPIX), a top-10 insurer of physician commercial medical professional liability in the Mid-Atlantic area, in an agreement to sell the rights, title, interests in and policies of the company to Medical Mutual Insurance Company of North Carolina. Knowledgeable about health care reform, Carl also frequently helps clients sort through myriad issues and changes stemming from the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010. Before Fox Rothschild Carl was Chair of the Corporate Insurance Group at Buchanan Ingersoll. For 10 years prior to his private practice, he was a senior executive officer of the Harleysville Insurance Company, a large property casualty mutual insurance concern. Beyond Fox Rothschild Carl serves on the Board of Directors of numerous insurance and insurance-related companies. He is a frequent lecturer in the U.S., Europe, and Bermuda and regularly publishes articles in various legal publications. Client Resources Webinar: Dodd-Frank Fallout: What's in Store for the Investment Management Industry? In this webinar, attorneys in Fox Rothschild's Securities Industry Group explore and explain how Dodd-Frank will affect investment advisers, hedge funds, money market funds, mutual funds, broker-dealers and other investment management industry participants. Download the Presentation (PowerPoint File) Honors & Awards Received the Joan Fullam Irick Award from The International Association of Defense Counsel (2017) Rated AV Preeminent by Martindale-Hubbell LexisNexis Named a "Super Lawyer" by Philadelphia Magazine and Law & Politics Magazine (multiple years commencing in 2004) Burton Award for Legal Achievement, recognizing excellence in legal writing (2001) Practice Areas Corporate Insurance Construction Franchising & Distribution Securities Industry Emerging Companies & Venture Capital International Life Sciences Law Firms & Attorneys Alternative Dispute Resolution Mergers & Acquisitions

Captive Insurance Bar Admissions Pennsylvania Maryland District of Columbia Court Admissions U.S. Supreme Court U.S. Court of Appeals, Third Circuit U.S. Court of Appeals, Fourth Circuit Education University of Baltimore School of Law (J.D., 1973) Academy of International Law, The Hague (LL.M., 1972) Loyola College (B.A., 1970) Memberships American Bar Association Defense Research Institute International Association of Defense Counsel (fidelity/surety and reinsurance), Audit Committee Chair Board of Directors Loyola College (President s Executive Council) National Advisory Council Center for the Study of the Presidency University of Baltimore School of Law Languages Italian Publications April 2015 Q&A With Fox Rothschild Partner Carl Anthony Maio In the Zone January 2015 FAQs as to Certificates of Insurance With Agreements of Sale and Leases In the Zone June 2014

Surety Bonds: A Basic Primer and the Insolvency Twist Fidelity and Surety Committee Newsletter April 29, 2013 FAQs On Franchise Development Insurance Law 360 April 2013 What You Need To Know - FAQs on the Insurance Implications of Franchise Developments Franchising, Licensing and Distribution Alert November 8, 2012 Precautionary Insurance Best Practices for Those Impacted by Hurricane Sandy August 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act: Implications for Insurers, Reinsurers, Producers and Brokers Securities Industry Practice Alert June 15, 2010 Alternative Dispute Resolution for Use in Arbitrations International Association of Defense Counsel May 2009 Insuring Against Employee Theft Staying Well within the Law April 6, 2009 Insuring Against Employee Theft November 15, 2006 Inside The Minds: Winning Legal Strategies for Insurance Law Aspatore Books January 2005 All the Time in the World Defense Counsel Journal Events Insurance and Reinsurance in a Low Carbon Economy July 12, 2016 at 2:15pm 3:15pm Hosted by: The International Association of Defense Counsel (IADC) Captive Landscape June 23, 2016 Hosted by: New Jersey Department of Banking and Insurance

Reinsurance 101 - Understanding the Basics October 16, 2013 Hosted by: International Association of Defense Counsel The Arbitration Panel Process: Mystery and Secrecy Exposed November 30, 2007 Hosted by: International Association of Defense Counsel 2007 Forum on Advanced Litigation Strategies Forum on Advanced Litigation Strategies (FALS) Program November 1, 2007 Hosted by: International Association of Defense Counsel (IADC) News January 3, 2017 New Jersey as a Domicile Captive Insurance Company Reports November 16, 2016 Fox Rothschild Wins Approval for New Jersey Captive Captive Insurance Times November 15, 2016 Fox Rothschild Wins Approval for Launch of Captive Insurer To Serve Underground Storage Tank Owners May 11, 2016 US and Philadelphia Deal Markets Lag in Q1 ACG Philadelphia DealWire March 31, 2016 Humanwell Healthcare Group and PuraCap Pharmaceutical LLC to Acquire Epic Pharma, LLC PR Newswire February 11, 2016 Fox Team Assists Major NJ Hospital in Becoming First Nonprofit Hospital To Form Onshore Captive in New Jersey International Association of Defense Counsel February 11, 2016 Fox Team Represents Healthcare Providers Insurance Exchange in Acquisition by Medical Mutual Insurance Co. of North Carolina International Association of Defense Counsel January 22, 2016 Nonprofit Hospital Approved to Own New Jersey s 21st Captive Insurer A.M. Best News

January 15, 2016 Burlco Hospital Takes a First-In-The-State Step Philadelphia Business Journal January 14, 2016 Fox Team Spearheads Major NJ Hospital in Becoming First Nonprofit Hospital To Form Onshore Captive in New Jersey January 14, 2016 Fox Rothschild Represents Healthcare Providers Insurance Exchange in Acquisition by Medical Mutual Insurance Co. of North Carolina June 10, 2015 Fox Rothschild Represents Healthcare Providers Insurance Exchange in Acquisition by Medical Mutual Insurance Co. of North Carolina November 13, 2014 Collecting Chairmen, Warrington Law Firm Home to Numerous VIPs Bucks County Herald November 2, 2010 Win the Fight Against Employee Theft Chief Executive August 22, 2009 The Beat Goes On WNPV 1440 AM April 23, 2008 Eliot Spitzer s legacy: Gone but not forgotten Reactions Global Insurance Magazine