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- H.R.4721
H.R.4721: Terrorism Risk Insurance Improvement Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about crime and law enforcement
- Introduced Dec. 17, 2007
- Latest Major Action March 28, 2008
Bill Sponsor
Bill Summary
Terrorism Risk Insurance Improvement Act of 2007 - Amends the Terrorism Risk Insurance Act of 2002 to revise the definition of "insurer deductible" with respect to a situation where aggregate industry insured losses resulting from a certified act of terrorism exceed $1 billion for an insurer that sustains any of such losses. Sets forth a calculation for the value of such an insurer's direct earned premiums over the calendar year immediately...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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| Dec. 17, 2007 |
Introduced in the House by Gary L. Ackerman (D-N.Y.) |