Lowering CAR Insurance Act

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 9618 Introduced in House (IH)] <DOC> 118th CONGRESS 2d Session H. R. 9618 To require the Director of the Federal Insurance Office to submit an annual report to the President and certain Congressional committees with respect to the automobile insurance industry, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES September 17, 2024 Ms. Caraveo introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To require the Director of the Federal Insurance Office to submit an annual report to the President and certain Congressional committees with respect to the automobile insurance industry, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Lowering Costs and Auto Rates for Insurance Act'' or the ``Lowering CAR Insurance Act''. SEC. 2. ANNUAL REPORT WITH RESPECT TO THE AUTOMOB…