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.
Key claim: HR9916 would require the Director of the Federal Insurance Office to submit an annual report to the President and specified congressional committees on the automobile insurance industry.
Abstract
(HR9916 · 119th Congress) Latest action (2026-07-23): Referred to the House Committee on Financial Services.
Why this matters
HR9916 would formalize a recurring federal information stream on the automobile insurance market — a line of business that is otherwise almost entirely state-regulated — giving Congress and the executive branch a standing FIO-produced view of pricing, availability, and market structure. While the bill creates no new regulatory authority, an annual report tends to shape the agenda for future federal attention to auto insurance affordability and competition.