HR 550

Wildfire Insurance Coverage Study Act of 2025

Summary

Wildfire Insurance Coverage Study Act of 2025 This bill requires reports regarding wildfire risk and damage. Specifically, the Government Accountability Office (GAO) 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 GAO must also 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.

Bill status

Status
In committee
Sponsor
Rep. Maxine Waters [D-CA-43]
Cosponsors
1
Policy area
Finance and Financial Sector
Introduced
2025-01-16
Latest action
2025-01-16: Referred to the House Committee on Financial Services.

Committee referrals

Recent actions

  • 2025-01-16: Referred to the House Committee on Financial Services.
  • 2025-01-16: Introduced in House
  • 2025-01-16: Introduced in House