Skip to main content
HR 91 110th Congress House

Homeowners Insurance Protection Act of 2007

Official title: To establish a program to provide reinsurance for State natural catastrophe insurance programs to help the United States better prepare for and protect its cit… Show full official titleShow less

Official title: To 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.

Introduced: January 11, 2007 See on congress.gov
Finance and Financial Sector Administrative procedureBuilding constructionBuilding lawsBuilding materials
More subjectsShow fewer subjects
Casualty insuranceCoinsuranceCommerceCongressCongressional investigationsCongressional reporting requirementsDepartment of the TreasuryDisaster insuranceEarthquakesEconomics and Public FinanceEmergency ManagementFederal advisory bodiesFiresFloodsGovernment Operations and PoliticsGovernment publicityGovernment trust fundsGovernmental investigationsHousing and Community DevelopmentHurricanesIndexing (Economic policy)Insurance companiesInsurance premiumsLawLossesProperty insuranceReinsuranceRiskState lawsStormsSurety and fidelityTornadoesTsunamisVolcanoes
Sign in to write a letter Sign in to watch
This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 4, 2007
Referred to the House Committee on Financial Services.
Jan 4, 2007
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action January 4, 2007

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

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 coverage against residential property losses to homes, including condominium and cooperative ownership, and the contents of apartment buildings. Cites covered perils.

Prescribes a minimum level of retained losses and maximum federal liability.

Authorizes any insurer who participates in an eligible state program to establish a Catastrophe Capital Reserve Fund to hold funds on the Secretary's behalf to offset reinsurance claims.

Establishes the Consumer Hurricane, Earthquake, Loss Protection (HELP) Fund to: (1) make payments to covered purchasers under contracts for reinsurance coverage for eligible losses; and (2) pay for Commission operating costs and reinsurance program administrative expenses.

Directs the Comptroller General to study the national flood insurance program and hurricane-related flooding.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 3
R
Bilirakis, Gus M.
Florida · Jan 11, 2007
 R
Diaz-Balart, Mario
Florida · Jan 11, 2007
 R
Buchanan, Vern
Florida · Jan 4, 2007
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 91: Homeowners Insurance Protection Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-91/
MLA
"H.R. 91: Homeowners Insurance Protection Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-91/.
Bluebook (legal)
H.R. 91, 110th Cong. (2026), https://openamerica.io/bill/110-HR-91/.
Markdown link
[H.R. 91: Homeowners Insurance Protection Act of 2007](https://openamerica.io/bill/110-HR-91/)
Report a problem