An original bill to establish a nonpartisan commission on natural catastrophe risk management and insurance.

== Detailed Summary ==

<summary>
(Log in<b>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</b>

Commission 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 its findings and assessments regarding the wikirisks posed to the United States by natural catastrophes, and bemeans for mitigating those risks and paying for losses caused by such catastrophes.

Requires the firstCommission to provide a detailed summaryassess: (1) the condition of the bill!)property and casualty insurance and reinsurance markets prior to and in the aftermath of Hurricanes Katrina, Rita, and Wilma in 2005, and the 4 major hurricanes that struck the United States in 2004; (2) the current condition of, as well as the outlook for, the availability and affordability of insurance in all regions of the country; and (3) the current ability of states, communities, and individuals to mitigate their natural catastrophe risks, including the affordability and feasibility of such activities.

Directs the Commission to report its findings and assessments to certain congressional committees on December 1, 2008.
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== Status of the Legislation ==

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Latest Major Action: 11/1/2007: Placed on Senate Legislative Calendar under General Orders. Calendar No. 462.
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== Points in Favor ==

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== Points Against ==

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