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senate Bill S. 1487

Commission on Catastrophic Disaster Risk and Insurance Act of 2009

bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Senate Committee on Banking, Housing, and Urban Affairs
    IntroducedJuly 21st, 2009

Bill Details

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Title

Commission on Catastrophic Disaster Risk and Insurance Act of 2009

Official Title

A bill to establish a bipartisan commission on insurance reform.

Summary

Commission on Catastrophic Disaster Risk and Insurance Act of 2009 - 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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