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The Homeowners Defense Act of 2007
The Homeowners Defense Act of 2007 is down but not out. It was passed by the House last Nov. 8. Though it has not been voted on by the Senate yet in this new year, its sponsors are still working to get it passed and put on the president's desk (despite his threat of veto).
Read more about the bill meant to make insurance available and affordable for folks living in catastrophe-prone areas (read: Florida), first at this NAIC presentation by Rep. Tim Mahoney of the Sunshine State. Then be sure to visit the page on the bill at OpenCongress, a nifty site that provides information on the status of the bill, as well as feeds to the latest news and blogs about it. And if you fear spin from this nonprofit site, check out the update on the Homeowners Defense Act of 2007 at Thomas, the site on all things legislative from the Library of Congress.
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