Wildfire Insurance Coverage Study Act of 2024

7/22/2024, 4:22 PM

Wildfire Insurance Coverage Study Act of 2023

This bill requires reports regarding wildfire risk and damage. Specifically, the  Government Accountability Office (GAO) must report on trends in wildfire declarations, mitigation practices, state and federal programs regarding wildfire risk, and the need for a national map of wildfire risks.

The GAO must also report on (1) the availability and cost of wildfire insurance coverage for homes and commercial property, (2) state regulatory responses to increasing costs of coverage, and (3) impediments to private wildfire insurance coverage.

Congress
118

Number
HR - 7462

Introduced on
2024-02-26

# Amendments
0

Sponsors
+5

Variations and Revisions

7/18/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Wildfire Insurance Coverage Study Act of 2023

This bill requires reports regarding wildfire risk and damage. Specifically, the  Government Accountability Office (GAO) must report on trends in wildfire declarations, mitigation practices, state and federal programs regarding wildfire risk, and the need for a national map of wildfire risks.

The GAO must also report on (1) the availability and cost of wildfire insurance coverage for homes and commercial property, (2) state regulatory responses to increasing costs of coverage, and (3) impediments to private wildfire insurance coverage.

Alternative Names
Official Title as IntroducedTo require the Government Accountability Office to conduct a study regarding insurance coverage for damages from wildfires, and for other purposes.

Policy Areas
Finance and Financial Sector

Comments

Recent Activity

Latest Summary7/22/2024

Wildfire Insurance Coverage Study Act of 2023

This bill requires reports regarding wildfire risk and damage. Specifically, the  Government Accountability Office (GAO) must report on trends in wildfire declarations...


Latest Action7/18/2024
Placed on the Union Calendar, Calendar No. 489.