S. 2286 · 110th Congress
Commission on Natural Catastrophe Risk Management and Insurance Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on its findings and assessments regarding the risks posed to the United States by natural catastrophes, and means for mitigating those risks and paying for losses caused by such…
What it does: CRS summary · Reported to Senate without amendment · Nov 1, 2007
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Commission on Natural Catastrophe Risk Management and Insurance Act of 2007 - Establishes the Commission on Natural Catastrophe Risk Management and Insurance to report to Congress on its findings and assessments regarding the risks posed to the United States by natural catastrophes, and means for mitigating those risks and paying for losses caused by such catastrophes.
Requires the Commission to assess: (1) the condition of the property and casualty insurance and reinsurance markets prior to and in the aftermath of Hurricanes Katrina, Rita, and Wilma in 2005, and the four 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Commission on Natural Catastrophe Risk Management and Insurance Act of 2007
Latest action (Nov 1, 2007): Placed on Senate Legislative Calendar under General Orders. Calendar No. 462.
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Nov 1, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.