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H.R. 3644, The Commission on Natural Catastrophe Risk Management and Insurance Act of 2007
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing revision saved on September 25, 2007, 18:32:25 (webmaster), with revision saved on January 15, 2008, 19:07:58 (webmaster):
H.R. 3644 would establish a nonpartisan Commission on Natural Catastrophe Risk Management and Insurance.
== Detailed Summary ==
<summary>
(Log inCommission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to editreport to Congress on the wikinatural catastrophe insurance marketplace, including: (1) the extent to which insurance costs and beavailability are affected by specified factors; (2) which factors the firstfederal government should address to provideincrease catastrophe insurance availability and competitiveness; and (3) actions the federal government can undertake to achieve this goal without requiring a detailed summarylong-term cross-subsidy from taxpayers.
Requires the Commission to report to certain congressional committees before the beginning of the bill!)2008 hurricane season.
</summary>
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== Status of the Legislation ==
<status>
Latest Major Action: 9/24/2007: Referred to House committee. Status: Referred to the House Committee on Financial Services.
</status>
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== Points in Favor ==
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== Points Against ==
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