H.R. 6944, also known as the "INSURE Act," requires the Secretary of the Treasury to establish a reinsurance program for catastrophic property losses. This program will provide reinsurance to insurance companies offering all-perils property insurance policies, including for...
Simple Explanation
The INSURE Act is a plan to help protect people’s homes from really big disasters like floods and wildfires by having the government help insurance companies cover these events and also assist people who can’t afford the insurance.