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HR 1351 114th Congress House

Homeowners' Defense Act of 2015

Official title: To establish a State-sponsored national catastrophic risk consortium to ensure the availability and affordability of homeowners' insurance coverage for catastrophic events.

Introduced: March 10, 2015 Introduced by: Wilson, Frederica S. Democratic · Florida See on congress.gov
Finance and Financial Sector Accounting and auditingDisaster relief and insuranceGovernment corporations and government-sponsored enterprisesHousing finance and home ownership
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Life, casualty, property insuranceSecurities
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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
Mar 10, 2015
Referred to the House Committee on Financial Services.
Mar 10, 2015
Introduced in House
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 Latest action March 10, 2015

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Homeowners' Defense Act of 2015

Establishes the National Catastrophe Risk Consortium, as a non-federal, non-profit entity, to ensure the availability and affordability of homeowners' insurance coverage for catastrophic events.

Directs the Consortium to: (1) maintain an inventory of catastrophe risk obligations held by state reinsurance funds, state residual insurance market entities, and state-sponsored providers of natural catastrophe insurance; (2) issue, on a conduit basis, securities and other financial instruments linked to catastrophe risks insured or reinsured through Consortium members; (3) coordinate reinsurance contracts; (4) act as a centralized repository of state risk information accessible by certain private-market participants; and (5) establish a database to perform research and analysis that encourages standardization of the risk-linked securities market.

Shields the federal government and the Consortium from liability for Consortium actions.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 1351: Homeowners' Defense Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1351/
MLA
"H.R. 1351: Homeowners' Defense Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1351/.
Bluebook (legal)
H.R. 1351, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1351/.
Markdown link
[H.R. 1351: Homeowners' Defense Act of 2015](https://openamerica.io/bill/114-HR-1351/)
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