S.292 - Commission on Catastrophic Disaster Risk and Insurance Act of 2007

A bill to establish a bipartisan commission on insurance reform. view all titles (2)

All Bill Titles

  • Official: A bill to establish a bipartisan commission on insurance reform. as introduced.
  • Short: Commission on Catastrophic Disaster Risk and Insurance Act of 2007 as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
01/12/07
 
 
 
 
 
 
 

Official Summary

Commission on Catastrophic Disaster Risk and Insurance Act of 2007 - Establishes the bipartisan Commission on Catastrophic Disaster Risk and Insurance to assess: (1) the condition of the property and casualty insurance and reinsurance markets in the aftermath of Hurricanes Katrina, Rita, an

Official Summary

Commission on Catastrophic Disaster Risk and Insurance Act of 2007 - Establishes the bipartisan Commission on Catastrophic Disaster Risk and Insurance to assess:
(1) the condition of the property and casualty insurance and reinsurance markets 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 ongoing exposure of the United States to earthquakes, volcanic eruptions, tsunamis, and floods; and
(3) recommend and report legislative and regulatory changes that will improve the domestic and international financial health and competitiveness of such markets.

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