Top Legislation - View All
Also tagged in: Administrative remedies, Auditing, Budgets, Building laws, Business, Business records, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Consumer education, Consumers, Disaster insurance, Electronic government information, Emergency management, Employee training, Executive departments, Federal Emergency Management Agency, Federal employees, Finance, Fines (Penalties), Flood control, Floods, Government information, Government paperwork, Government publications, Government publicity, Governmental investigations, Grants-in-aid, Housing, Hurricanes, Insurance agents, Insurance premiums, Job training, Land use, Law, Limitation of actions, Local laws, Louisiana, Low-income housing, Maps, Mediation, Mississippi, Mortgage banks, Recruiting of employees, Risk, State and local government, State laws, Storms, Technology, Telecommunication, Tornadoes, Welfare, Zoning and zoning law
Latest Action: 07/10/2008 - Mr. Capuano moved that the House disagree to the Senate amendment, and request a conference. Bill TextTo restore the financial solvency of the national flood insurance program and to provide for such program to make available multiperil coverage for damage resulting from windstorms and floods, and for other purposes. 9/27/2007--Passed House amended. (There are 2 other summaries) Flood Insurance Reform and Modernization Act of 2007 - (Sec. 3) Directs the Comptroller General to study and report to Congress on: (1) the flood insurance coverage status of pre-FIRM properties; and (2) assess the impact, effectiveness, and feasibility of amending the Flood Disaster Protection Act of 1973 regarding properties subject to the mandatory flood insurance purchase requirement for a natural 100-year floodplain, and possible extension of such requirement to properties securing nonfederally related loans. (A pre-FIRM structure is one that was not constructed or substantially improved after the later of: (1) December 31, 1974; or (2) the effective date of the [...] show full description
Also tagged in: Actions and defenses, Archives, Business, Business records, Claims, Congressional reporting requirements, Data banks, Directories, Electronic government information, Europe, Federal-state relations, Finance, Fines (Penalties), Foreign policy, Government information, Government paperwork, Government publicity, History, Insurance, International affairs, Jewish holocaust (1939-1945), Law, Legal fees, Parties to actions, Public records, Punitive damages, State and local government, Technology, Telecommunication, Treaties
Latest Action: 06/25/2008 - Committee Consideration and Mark-up Session Held. Bill TextTo require disclosure of Holocaust-era policies by insurers and establish a federal cause of action for claims arising out of a covered policy. 3/28/2007--Introduced. Holocaust Insurance Accountability Act of 2007 - Amends federal law governing the National Archives and Records Administration to direct the Archivist of the United States to: (1) establish a collection of records known as the Holocaust Insurance Registry, consisting of specified information provided under the Holocaust Victims Insurance Relief Act of 2007; and (2) make it accessible to the public. Requires the Secretary of State to seek agreements with European countries to make information on covered policies available to the Registry. Requires: (1) insurers to file certain disclosures of Holocaust-Era policies with the Secretary of Commerce; and (2) the Secretary to provide them to the Archivist. Subjects insurer noncompliance to a civil penalty. Requires the Secretary to notify [...] show full description
Also tagged in: Academic performance, Access to health care, AIDS (Disease), Alcohol and youth, Alcoholism, Ambulatory care, Birth control, Budgets, Business, Child development, Child health, Children, Church and social problems, Citizenship education, Civil rights, Coinsurance, Communications, Community health services, Condoms, Congressional reporting requirements, Consumer discounts, Consumer education, Consumers, Contraceptives, Criminal justice, Data banks, Discrimination in insurance, Discrimination in medical care, Drug abuse, Drugs, Drugs and youth, Education, Elementary and secondary education, Emergency management, Emergency medicine, Employee health benefits, Evaluation research (Social action programs), Families, Federal aid to child health services, Federal aid to health facilities, Federal aid to research, Finance, Generic drugs, Government information, Government publicity, Grants-in-aid, Health education, Health information systems, Health insurance, Health policy, Hospital care, Hospitals, Human immunodeficiency viruses, Immigrant health, Immigration, Labor, Language and languages, Marriage, Medicaid, Medical care, Medical fees, Medical research, Medical statistics, Medically uninsured, Medicine, Nonprofit organizations, Parent and child, Performance measurement, Politics and government, Pregnant women, Prescription pricing, Preventive medicine, Public service advertising, Rape victims, Rebates, Religion, Research grants, School health programs, School-age child care, Science policy, Service learning, Sex, Sex education, Sexual abstinence, Sexually transmitted diseases, Social services, Sociological research, Standards, State and local government, State laws, Technology, Teenage pregnancy, Welfare, Welfare eligibility, Women, Women's health, Women's health services, Youth services
Latest Action: 01/09/2007 - Star Print ordered on the bill. Bill TextA bill to expand access to preventive health care services that help reduce unintended pregnancy, reduce abortions, and improve access to women's health care. 1/4/2007--Introduced. Prevention First Act - Title X Family Planning Services Act of 2007 - Authorizes appropriations for family planning services grants and contracts under the Public Health Service Act (PHSA). Equity in Prescription Insurance and Contraceptive Coverage Act of 2007 - Amends the Employee Retirement Income Security Act of 1974 (ERISA) and PHSA to prohibit a group health plan and a health insurance issuer providing group coverage from excluding or restricting benefits in any way for prescription contraceptive drugs, devices, and outpatient services if the plan or coverage provides benefits for other outpatient prescription drugs, devices, or outpatient services. Applies such prohibitions to coverage offered in the individual market. Emergency Contraception Education Act of 2007 - Directs [...] show full description
Also tagged in: Administrative procedure, Building construction, Building laws, Building materials, Business, Casualty insurance, Coinsurance, Congress, Congressional investigations, Congressional reporting requirements, Department of the Treasury, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Fires, Floods, Government information, Government publicity, Government trust funds, Governmental investigations, Housing, Hurricanes, Indexing (Economic policy), Insurance premiums, Law, Losses, Property insurance, Public contracts, Reinsurance, Risk, State and local government, State laws, Storms, Surety and fidelity, Tornadoes, Tsunamis, Volcanoes
Latest Action: 01/04/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a program to provide reinsurance for State natural catastrophe insurance programs to help the United States better prepare for and protect its citizens against the ravages of natural catastrophes, to encourage and promote mitigation and prevention for, and recovery and rebuilding from such catastrophes, and to better assist in the financial recovery from such catastrophes. 1/4/2007--Introduced. Homeowners Insurance Protection Act of 2007 - Instructs the Secretary of the Treasury to establish the National Commission on Catastrophe Preparation and Protection to advise the Secretary regarding estimated loss costs associated with contracts for reinsurance coverage. Authorizes the Secretary to make homeowners protection coverage available through contracts for reinsurance coverage. Restricts purchase of such coverage to eligible state programs. Prescribes criteria for state eligibility. Requires each contract for reinsurance coverage to provide insurance [...] show full description
Also tagged in: Antitrust law, Bankruptcy, Business, Casualty insurance, Corporate mergers, Corporate reorganizations, Department of the Treasury, Executive departments, Executive reorganization, Federal preemption, Finance, Holding companies, Insurance agents, Insurance law, Law, Licenses, Life insurance, Ombudsman, Politics and government, Property insurance, State and local government, State laws
Latest Action: 05/24/2007 - Sponsor introductory remarks on measure. (CR S6849) Bill TextA bill to authorize the issuance of Federal charters and licenses for carrying on the sale, solicitation, negotiation, and underwriting of insurance or any other insurance operations, to provide a comprehensive system for the Federal regulation and supervision of national insurers and national agencies, to provide for policyholder protections in the event of an insolvency or the impairment of a national insurer, and for other purposes. 5/24/2007--Introduced. National Insurance Act of 2007 - Establishes in the Department of the Treasury an Office of National Insurance (ONI), headed by a Commissioner of National Insurance, with Divisions of Insurance Fraud and of Consumer Affairs, and an Office of the Ombudsman.Authorizes the Commissioner to supervise, regulate, and provide for registration of insurance self-regulatory organizations. Requires the Commissioner to supervise national insurers and national agencies, including chartering and licensing. Removes them,[...] show full description
Latest Action: 05/09/2007 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Bill TextTo prevent the nondisclosure of employer-owned life insurance coverage of employees as an unfair trade practice under the Federal Trade Commission Act, and for other purposes. 1/4/2007--Introduced. Life Insurance Employee Notification Act - Requires an employer to notify an employee in writing upon the purchase of an employer-owned insurance policy on the life of such employee for a beneficiary other than the individual who is the subject of the policy. Declares that violation of this Act constitutes an unfair method of competition and an unfair or deceptive act or practice under the Federal Trade Commission Act.
Also tagged in: Bank accounts, Business, Casualty insurance, Disaster insurance, Earthquakes, Emergency management, Finance, Floods, Income tax, Law, Losses, Property insurance, Reinsurance, Storms, Tax deductions, Taxation, Trusts and trustees, Tsunamis, Volcanoes, Water resources
Latest Action: 01/04/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to provide for the creation of disaster protection funds by property and casualty insurance companies for the payment of policyholders' claims arising from future catastrophic events. 1/4/2007--Introduced. Policyholder Disaster Protection Act of 2007 - Amends the Internal Revenue Code to allow insurance companies (other than life insurance companies) to make tax deductible contributions to a tax-exempt policyholder disaster protection fund established by this Act for the payment of policyholders' claims arising from certain catastrophic events, such as windstorms, earthquakes, fires, or floods.
Also tagged in: Apartment houses, Auctions, Auditing, Budgets, Building laws, Business, Condominium (Housing), Congress, Congressional investigations, Congressional reporting requirements, Cooperative housing, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Fires, Floods, Government information, Government liability, Government paperwork, Government publicity, Government trust funds, Housing, Hurricanes, Income tax, Indexing (Economic policy), Insurance premiums, Law, Property insurance, Public contracts, Reinsurance, Restrictive trade practices, State and local government, State laws, Tsunamis, Volcanoes, Water resources
Latest Action: 01/09/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a Federal program to provide reinsurance to improve the availability of homeowners' insurance. 1/9/2007--Introduced. Homeowners' Insurance Availability Act of 2007 - Instructs the Secretary of the Treasury to implement a reinsurance coverage program available only through contracts for reinsurance coverage purchased at regional auctions. States that the purpose of the program is to improve: (1) the availability of homeowners' insurance for the purpose of facilitating the pooling, and spreading the risk, of catastrophic financial losses from disasters; and (2) the solvency of the homeowners' insurance markets. Prescribes implementation guidelines that include establishment: (1) in the Treasury of the Disaster Reinsurance Fund; and (2) of a National Commission on Catastrophe Risks and Insurance Loss Costs.
Also tagged in: Access to health care, Aged, Budgets, Business, Catastrophic health insurance, Child health, Children, Chronically ill, Congress, Congressional reporting requirements, Consumer education, Consumers, Drug advertising, Drug approvals, Drug industry, Drugs, Education, Employee health benefits, Executive departments, Federal advisory bodies, Federal aid to child health services, Federal employees, Finance, Fines (Penalties), Flexible benefit plans, Fringe benefits, Government employees' health insurance, Government information, Government publicity, Government trust funds, Health education, Health information systems, Health insurance, Health policy, Higher education, Hospital care, Income tax, Insurance premiums, Internet, Labor, Law, Living wills, Long-term care insurance, Medicaid, Medical care, Medical economics, Medical education, Medical instruments and apparatus, Medical malpractice, Medical records, Medical supplies, Medically uninsured, Medicare, Medicine, Physical examinations, Politics and government, Poor children, Prescription pricing, Preventive medicine, Public contracts, Quality of care, Retiree health benefits, Standards, State and local government, State politics and government, Tax credits, Tax deductions, Tax exclusion, Taxation, Technology, Telecommunication, Telephone, Terminal care, Web sites, Welfare
Latest Action: 04/24/2008 - S.AMDT.4577 Referred to the Committee on Finance. Bill TextA bill to provide affordable, guaranteed private health coverage that will make Americans healthier and can never be taken away. 1/18/2007--Introduced. Healthy Americans Act - Requires each adult individual to have the opportunity to purchase a Healthy Americans Private Insurance Plan (HAPI). Makes individuals who are not enrolled in another specified health plan and who are not opposed to coverage for religious reasons responsible for enrolling themselves and their dependent children in a HAPI plan offered through their state of residence. Sets forth penalties for failure to enroll. Establishes standardized coverage and state options for HAPI plans. Requires the Secretary of Health and Human Services to promulgate guidelines concerning the benefits, items, and services to be covered. Sets forth requirements for setting premiums. Requires the Secretary to establish the Healthy America Advisory Committee to provide annual recommendations concerning modifications to [...] show full description
Also tagged in: Alabama, Budgets, Building laws, Business, Casualty insurance, Congress, Congressional reporting requirements, Depressed areas, Disaster insurance, Earthquakes, Economic policy, Emergency management, Executive departments, Federal advisory bodies, Finance, Floods, Florida, Government insurance, Government trust funds, Housing, Hurricanes, Income tax, Legislation, Louisiana, Mississippi, Property insurance, Public-private partnerships, Reinsurance, Risk, Tax deferral, Tax exemption, Taxation, Texas, Tsunamis, Urban affairs, Volcanoes, Zoning and zoning law
Latest Action: 01/17/2007 - Referred to the House Committee on Financial Services. Bill TextTo establish a bipartisan commission on insurance reform. 1/17/2007--Introduced. 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 windstorms, 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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Latest Legislation - View All
Latest Action: 02/11/2008 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to amend the Terrorism Risk Insurance Act of 2002, to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 2/11/2008--Introduced. Terrorism Risk Insurance Improvement Act of 2008 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.
Latest Action: 03/28/2008 - Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Bill TextTo amend the Terrorism Risk Insurance Act of 2002 to temporarily reduce the insurer deductibles for insurers sustaining insured losses from large terrorism events. 12/17/2007--Introduced. Terrorism Risk Insurance Improvement Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately preceding the program year.
Also tagged in: Access to health care, Business, Capital, Congress, Congressional investigations, Congressional reporting requirements, Finance, Health care fraud, Health insurance, Health policy, Insurance premiums, Medical care, Medically uninsured, State and local government, State laws
Latest Action: 12/13/2007 - Read twice and referred to the Committee on Health, Education, Labor, and Pensions. Bill TextA bill to amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. 12/13/2007--Introduced. Health Care Choice Act of 2007 - Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.Specifies the notice that an issuer must provide in any insurance coverage offered in a secondary state and at renewal of the policy.Requires each issuer issuing individual health insurance coverage in both primary and secondary states [...] show full description
Also tagged in: Access to health care, Business, Capital, Congress, Congressional investigations, Congressional reporting requirements, Finance, Health care fraud, Health insurance, Health policy, Insurance premiums, Medical care, Medically uninsured, State and local government, State laws
Latest Action: 12/12/2007 - Referred to the Subcommittee on Health. Bill TextTo amend the Public Health Service Act to provide for cooperative governing of individual health insurance coverage offered in interstate commerce. 12/12/2007--Introduced. Health Care Choice Act of 2007 - Amends the Public Health Service Act to provide that the laws of the state designated by a health insurance issuer (primary state) shall apply to individual health insurance coverage offered by that issuer in the primary state and in any other state (secondary state), but only if the coverage and issuer comply with the conditions of this Act.Exempts issuers from any secondary state's laws that would prohibit or regulate the operation of the issuer in such state, subject to certain restrictions imposed by such state.Specifies the notice that an issuer must provide in any insurance coverage offered in a secondary state and at renewal of the policy.Requires each issuer issuing individual health insurance coverage in both primary and secondary states to submit [...] show full description
Also tagged in: Administrative procedure, Biological warfare, Business, Casualty insurance, Chemical warfare, Coinsurance, Compensation (Law), Congress, Congressional investigations, Congressional oversight, Congressional reporting requirements, Consumer education, Consumers, Criminal justice, Department of the Treasury, Emergency management, Executive departments, Finance, Foreign policy, Insurance premiums, International affairs, Law, Life insurance, Losses, Nuclear terrorism, Property insurance, Reinsurance, Terrorism, Travel
Latest Action: 12/13/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextTo extend the Terrorism Insurance Program of the Department of the Treasury, and for other purposes. 12/12/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Terrorism Risk Insurance Program Reauthorization Act of 2007 - (Sec. 2) Amends the Terrorism Risk Insurance Act to redefine an act of terrorism to eliminate the requirement that the individual or individuals committing a terrorist act be acting on behalf of any foreign person or foreign interest.(Sec. 3) Extends the Terrorism Risk Insurance Program through calendar 2014.(Sec. 4) States that no insurer may be required to make payment for insured losses in excess of its statutory deductible combined with its statutory share of insured losses. Requires the Secretary of the Treasury to: (1) notify Congress within 15 days of [...] show full description
Also tagged in: Business, Business records, Claims, Collection of accounts, Employee health benefits, Finance, Fines (Penalties), Government information, Government paperwork, Health insurance, Health policy, Labor, Law, Medicaid, Medical care, State and local government, State laws, Welfare
Latest Action: 12/06/2007 - Referred to the Subcommittee on Health. Bill TextTo amend title XIX of the Social Security Act to strengthen the Medicaid third-party liability requirements. 12/6/2007--Introduced. Amends title XIX (Medicaid) of the Social Security Act to direct state Medicaid plans to require the state to provide the Secretary of Health and Human Services with satisfactory assurances that it has in effect laws requiring the state to make inquiries to third parties, including health insurers, self-insured plans, group health plans, or other parties operating in any state that are responsible for payment of a claim for a health care item or service. Requires third parties to: (1) provide, upon state request, information about Medicaid-eligible or -receiving individuals to determine during what period the individual (or the spouse or dependents) may be (or may have been) covered by a health insurer, as well as the nature of such coverage; (2) accept the state's right of recovery and the assignment to the state of any right of an individual [...] show full description
Also tagged in: Accounting, Administrative procedure, Aged, Aliens, Alimony, Americans in foreign countries, Annuities, Armed forces, Athletics, Bank accounts, Banks and banking, Bonds, Business, Business travel, Capital gains tax, Cemeteries and funerals, Charitable contributions, Child support, Children, College costs, College sports, Colleges, Commemorations, Communications, Conservation of natural resources, Contracts, Cooperative societies, Corporate governance, Corporate mergers, Corporation taxes, Cost of living adjustments, Criminal justice, Damages, Debt, Defense policy, Department of the Treasury, Depreciation and amortization, Disability insurance, Disabled, Dividends, Divorce, Economic policy, Education, Education savings accounts, Employee ownership, Employee training, Environmental protection, Estate tax, Executive departments, Expatriation, Families, Finance, Financial services, Food, Foreign corporations, Foreign policy, Foster home care, Foundations, Fringe benefits, Gift tax, Gifts, Government corporations, Habitat conservation, Health insurance, Health policy, Higher education, Historic sites, History, Home ownership, Housing, Housing finance, Immigration, Imports, Income tax, Indexing (Economic policy), Individual retirement accounts, Insurance premiums, Interest, Intergovernmental tax relations, International affairs, Job training, Labor, Land use, Law, Leases, Life insurance, Loan defaults, Lobbying, Local government, Losses, Marketing, Married people, Medical care, Medical economics, Medical research, Medical savings accounts, Medicare, Military pay, Military pensions, Mortgages, Natural resources, Officer personnel, Old age, survivors and disability insurance, Open space lands, Outdoor recreation, Partnerships, Pensions, Politics and government, Profit, Railroad retirement plans, Real estate business, Real estate development, Recreation areas, Rent, Salaries, School personnel, Science policy, Single people, Social security, Social security taxes, Social services, Sports, Sports facilities, State and local government, State politics and government, Stocks, Tax administration, Tax credits, Tax deductions, Tax deferral, Tax evasion, Tax exclusion, Tax exemption, Tax penalties, Tax rates, Tax refunds, Tax returns, Tax simplification, Tax treaties, Tax-deferred compensation plans, Tax-exempt organizations, Taxation, Taxation of foreign income, Teachers, Telecommunication, Telecommunication industry, Telephone, Territories (U.S.), Terrorism, Torts, Trade, Transportation, Travel costs, Trusts and trustees, Unemployment, Unrelated business income tax, Vocational education, Wages, Withholding tax, Workers' compensation
Latest Action: 11/13/2007 - Referred to the House Committee on Ways and Means. Bill TextTo amend the Internal Revenue Code of 1986 to restructure and replace the income tax system of the United States to meet national priorities, and for other purposes. 11/13/2007--Introduced. Simplified USA Tax Act of 2007 - Repeals, after 2006, income tax and estate and gift tax provisions of the Internal Revenue Code of 1986. Replaces such Code with a new tax system, to be known as the Simplified USA Tax. Establishes three income tax brackets at 15, 25, and 30% for individual taxpayers. Redefines "gross income" and allows certain exclusions from gross income, including previously-taxed benefits, tax-exempt bond interest, compensation for injuries and sickness, and gain from the sale of a principal residence. Allows tax deductions for alimony and child support, home mortgage interest, certain higher education expenses, and charitable contributions. Allows a tax credit for employee social security payroll taxes.Revises rules for Roth individual retirement [...] show full description
Also tagged in: Budgets, Business, Casualty insurance, Disaster insurance, Emergency management, Finance, Government lending, Government securities, Governmental investigations, Home ownership, Housing, Nonprofit organizations, Politics and government, Property insurance, Public contracts, Reinsurance, Risk, Securities, Social services, State and local government, State politics and government
Latest Action: 11/06/2007 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Bill TextA bill to establish a National Catastrophic Risks Consortium and a National Homeowners' Insurance Stabilization Program, and for other purposes. 11/6/2007--Introduced. Homeowners' Defense Act of 2007 - Establishes the National Catastrophe Risk Consortium as a nonprofit, nonfederal entity to: (1) maintain an inventory of catastrophe risk obligations held by state reinsurance funds, and state residual insurance market entities; (2) issue, on a conduit basis, securities and other financial instruments linked to catastrophe risks insured or reinsured through Consortium members; and (3) act as a centralized repository of state risk information accessible by certain private-market participants. Instructs the Secretary of the Treasury to implement a national homeowners' insurance stabilization program to make liquidity loans and catastrophic loans to qualified reinsurance programs to: (1) ensure their solvency; (2) improve the availability and affordability of homeowners' [...] show full description
Also tagged in: Administrative procedure, Apartment houses, Budgets, Business, Casualty insurance, Collection of accounts, Congress, Congressional investigations, Congressional reporting requirements, Department of Homeland Security, Disaster insurance, Emergency management, Employee training, Executive departments, Federal advisory bodies, Federal Emergency Management Agency, Finance, Floods, Government contractors, Government information, Government trust funds, Housing, Insurance agents, Insurance premiums, Job training, Law, Maps, Mediation, Ombudsman, Politics and government, Property insurance, Public contracts, Standards, Subsidies, Water resources
Latest Action: 05/13/2008 - Considered by Senate. (consideration: CR S4048-4050, S4051-4061) Bill TextAn original bill to amend the National Flood Insurance Act of 1968, to restore the financial solvency of the flood insurance fund, and for other purposes. 11/1/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.) Flood Insurance Reform and Modernization Act of 2007 - (Sec. 4) Amends the National Flood Insurance Act of 1968 (Act) to extend the national flood insurance program (Program) though FY2013. (Sec. 5) Requires the Director of the Federal Emergency Management Agency (FEMA) to make national flood insurance available for multifamily properties of more than four units. (Sec. 6) Requires the FEMA Director to estimate the exclusion of certain prospective insureds from purchasing flood insurance at risk premium rates less than those estimated for specified properties (including [...] show full description
Also tagged in: Administrative procedure, Biological warfare, Business, Casualty insurance, Chemical warfare, Compensation (Law), Congress, Congressional investigations, Congressional reporting requirements, Criminal justice, Department of the Treasury, Executive departments, Finance, Insurance premiums, Law, Losses, Nuclear terrorism, Property insurance, Reinsurance, Terrorism, Weapons systems
Latest Action: 11/01/2007 - Committee on Banking, Housing, and Urban Affairs. Original measure reported to Senate by Senator Dodd. With written report No. 110-215. Bill TextAn original bill to reauthorize the Federal terrorism risk insurance program, and for other purposes. 11/1/2007--Reported to Senate without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)Terrorism Risk Insurance Program Reauthorization Act of 2007 - (Sec. 2) Amends the Terrorism Risk Insurance Act to revise the definition of an act of terrorism for terrorism risk insurance purposes to eliminate the requirement that the individual or individuals committing a terrorist act be acting on behalf of any foreign person or foreign interest.Extends the Terrorism Risk Insurance Program through calendar 2014.(Sec. 4) States that no insurer may be required to make payment for insured losses in excess of its statutory deductible, combined with its statutory share of insured losses.Requires the Secretary of the [...] show full description
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