; (ii) the entity controls in any manner the election of a majority of the directors or trustees of the other entity; or (iii) the Secretary determines, after notice and opportunity for hearing, that the entity directly or indirectly exercises a controlling influence over the management or policies of the other entity. (B) Rule of construction An entity, including any affiliate thereof, does not have control over another entity, if, as of January 1, 2021, the entity is acting as an attorney-in-fact, as defined by the Secretary, for the other entity and such other entity is a reciprocal insurer, provided that the entity is not, for reasons other than the attorney-in-fact relationship, defined as having control under subparagraph (A). (5) Direct earned premium The term direct earned premium means a direct earned premium for property and casualty insurance issued by any participating insurer for insurance against losses occurring in the United States. (6) Event The term event means a trade show, consumer show, exhibition, fair, conference, convention, meeting, seminar, charity event, auction, gala dinner, competition, sporting event, film or television production, award show, or other similar event. (7) Event cancellation insurance The term event cancellation insurance means insurance that indemnifies an insured for losses that occur as a consequence of— (A) cancellation, abandonment, or rescheduling of an event; or (B) non-appearance at an event of a principal speaker. (8) Insured loss The term insured loss means any loss resulting from a covered public health emergency that is covered by primary or excess business interruption insurance issued by a participating insurer if such loss occurs— (A) within the United States; and (B) during the period that the covered public health emergency for such area is in effect. (9) Insurer The term insurer means any entity, including any affiliate thereof— (A) that is— (i) licensed or admitted to engage in the business of providing primary or excess insurance in any State