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Report on National All-Hazards Disaster Insurance Program

This bill requires the government to prepare a report on the feasibility of creating a national all-hazards disaster insurance program. This aims to assess how to better protect homeowners from losses and ensure housing market stability in the face of natural disasters.
Key points
The government will study the feasibility and design of a national all-hazards disaster insurance program.
The report will assess the risk of underinsurance and its impact on the housing market's financial stability.
Challenges in setting premiums and payment options for disaster policies will be analyzed.
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Additional Information
Print number: 118_HR_274
Sponsor: Rep. Jackson Lee, Sheila [D-TX-18]
Process start date: 2023-01-11