National Catastrophe Insurance: Disaster experts warn that U.S. needs national catastrophe insurance

The Homeowners Defense Act has been stalled in the Senate since late 2007. This legislation would create state catastrophe funds that would then support a federal reinsurance program.

ProtectingAmerica.org, a coalition of over 300 organizations,including HAZUS.org, say the problem of catastrophe insurance requires a national program instead of a piecemeal, state-by-state approach. READ MORE