The House Financial Services Committee plans to vote on legislation Thursday that would require a study of wildfire insurance.
The “Wildfire Insurance Coverage Study Act of 2023,” from ranking member Maxine Waters (D-Calif.), would require the Government Accountability Office to study wildfire risk assessment and insurance coverage.
Wildfire Insurance Coverage Study Act of 2023
The legislation lays out several questions the GAO should address, including the need for a national wildfire risk map. The bill would also have auditors review existing coverage and state rules.
A measure requiring a similar wildfire study was included in the 2022 “Wildfire Response and Drought Resiliency Act,” which passed the House but didn’t get a Senate vote.
Wildfire Response and Drought Resiliency Act,
passed the House
