Restoring Competitive Property Insurance Availability Act

[AI summary unavailable — showing source text] Restoring Competitive Property Insurance Availability Act This bill excludes from the gross income of specified insurance companies (other than life insurance companies) certain income from providing qualified real property insurance after a federally declared disaster. The bill defines qualified real property insurance income to mean the excess of premiums received by such insurance companies for real property insurance for property located in the disaster area, over deductions properly allocable to such premiums.…