URGING THE INSURANCE DIVISION OF THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS TO CONVENE A WORKING GROUP TO IDENTIFY FEASIBLE OPTIONS AND MECHANISMS TO PROTECT THE STATE AND ITS RESIDENTS AGAINST THE EFFECTS OF CLIMATE CHANGE ON THE AVAILABILITY AND AFFORDABILITY OF INSURANCE.

Summary

The resolution asks the Insurance Division of the Department of Commerce and Consumer Affairs to set up a working group that will examine how climate change is affecting insurance coverage and costs in Hawaii. The group will assess exposure, review existing recovery mechanisms, and explore legal options to recover costs from responsible parties. Findings must be reported to legislative committees before the 2027 regular session.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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