HI SR41

Urges Congress to establish a National Reinsurance Program to address insurance market instability caused by increased catastrophic natural disasters and insurer withdrawals from high-risk areas.

Requests the reinsurance program be structured as a public-private partnership with actuarial soundness, state opt-in mechanisms, and clearly defined loss thresholds to maintain private market participation.

Calls on Congress to provide mitigation incentives including premium discounts, tax credits, and grant programs to encourage disaster-resistant infrastructure investments by homeowners and businesses.

Encourages the President and Secretary of the Treasury to develop interim stabilization measures including expanded federal risk modeling access and financial incentives for insurers to reenter high-risk markets.

Directs transmission of resolution copies to Congress leadership, Treasury Department, Federal Emergency Management Agency, Federal Insurance Office, and all state governors and insurance commissioners.