This bill tells the Government Accountability Office (GAO) to study how wildfires are changing insurance for homes and businesses, and to report back to Congress within 12 months of the law taking effect . The study looks at wildfire risk across the country, whether we need a national wildfire risk map, and what steps—like home hardening and better landscaping—could lower risk and costs. It also reviews where insurance rates have gone up, where policies aren’t being renewed, how state regulators are responding, and the challenges insurers face in pricing wildfire risk and staying solvent . A plain-language summary from the Library of Congress highlights the same focus on risk trends, mitigation, state and federal programs, and barriers to private coverage.

Key points

• Who is affected: Homeowners and commercial property owners, especially in wildfire‑prone areas; low- and moderate‑income property owners and small businesses; insurers and state insurance regulators.
• What changes: No immediate changes to your insurance. The GAO will study wildfire risk, insurance costs and availability, state actions (like rate controls or moratoriums), and options to help—such as better forest management, improved risk data, relocation from high‑risk zones, affordability programs, and more use of reinsurance .
• When: GAO must deliver its report within 12 months after the law is enacted.
• How: GAO will work with the Federal Insurance Office and state insurance regulators to gather information and analyze options.