On July 13, National Conference of Insurance Legislators (NCOIL) voted to support H.R. 3989, the Disaster Savings Account Act of 2013. Sponsored by Rep. Dennis Ross (R-Fla.), the bill aims to help homeowners mitigate disaster recovery expenses by authorizing tax-exempt disaster savings accounts and allowing for tax deductions in relation to the accounts. Beyond urging Congress to support H.R. 3989, the resolution asks state and federal stakeholders to explore similar reforms to help mitigate the costs of natural disasters.