Federal Earthquake Insurance and Reinsurance Act

Summary

Federal Earthquake Insurance and Reinsurance Act - Creates the Federal Earthquake Insurance and Reinsurance Corporation to make available: (1) earthquake and volcanic eruption insurance for residential property; and (2) property and casualty excess reinsurance for private insurers and private reinsurers for losses associated with earthquake or volcanic eruption. Makes the Corporation, its Residential Property Insurance Fund, its Reinsurance Fund, and its activities, property, and income exempt from all taxation, subject to exception. Directs the Corporation to develop a practical, cost-effective, and workable plan of earthquake loss mitigation.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 4 April 1990

  Open at official source

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.