Regulates property insurers to limit underwriting and investment in fossil fuel projects, requires climate risk reporting and emissions disclosures, and aligns insurance practices with science-based climate targets.
Regulates property insurers to limit underwriting and investment in fossil fuel projects, requires climate risk reporting and emissions disclosures, and aligns insurance practices with science-based climate targets.
Establishes the insure our communities act to implement climate leadership and community protection act targets for insurers; identifies and protects such communities; relates to affordability of insurance rates; assesses covered insurance companies' record of performance at meeting insurance needs; requires covered insurance companies to file statistical reports, including information on insurance coverage in specific assessment areas and disadvantaged communities.
Creates legal cause of action for persons/insurers to recover losses resulting from climate disaster against petroleum product producers based upon strict liability for deceptive/false statements as to climate impacts.
Encouraging Hawaii Insurers And The Hawaii Property Insurance Association To Reduce Insurance Costs On Local Residents By Pursuing Subrogation Claims Against Polluters Who Knowingly Engaged In Misleading And Deceptive Practices Regarding The Connection Between Their Products And Climate Change.