The bill H.R. 550 aims to have the Government Accountability Office conduct a study on insurance coverage for wildfire damages in the United States. The study will assess wildfire risks, the current state of insurance coverage, and regulatory responses by examining how...
Simple Explanation
The bill wants the Government Accountability Office to study how people get insurance for damage caused by wildfires, seeing how insurance companies handle it and finding out what problems they face. They will give a report to Congress about this within a year to help understand what needs to be done.