- Stage
- In committee
- Started in
- House
- Sponsors
- 8
- Latest action
- Jul 17, 2025
What it does
The INSURE Act would require the Secretary of the Treasury to establish a catastrophic property loss reinsurance program within four years of enactment, providing reinsurance to qualifying primary insurers that offer all-perils property insurance policies and loss prevention partnerships with policyholders. The program would phase in coverage for specific perils—starting with wind and hurricane, then severe convective storm and wildfire, flood, and finally earthquake—based on feasibility reports and set timelines. Participating insurers would pay quarterly premiums to the Federal Catastrophe Reinsurance Fund, subject to minimum and annual increase limits, and would be eligible for fund…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
In the news
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Where it goes next
While a bill can still move, the questions are about people and money.