To require studies regarding insurance coverage for damages from wildfires, and for other purposes.
Wildfire Insurance Coverage Study Act of 2022
This bill requires studies and reports regarding wildfire risk and damage. Specifically, the Federal Emergency Management Agency must report on trends in wildfire declarations, mitigation practices, state and federal programs regarding wildfire risk, and the need for a national map of wildfire risks.
The Government Accountability Office must report on (1) the availability and cost of wildfire insurance coverage for homes and commercial property, (2) state regulatory responses to increasing costs of coverage, and (3) impediments to private wildfire insurance coverage.
Received in the Senate.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
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