Creates Joint Blue Ribbon Task Force on Impacts of Climate Change on Property Insurance.
Reported out of Assembly Comm. with Amendments, 2nd Reading
Summary
The bill establishes a task force within the Department of Banking and Insurance, made up of state officials, legislators, private‑sector, nonprofit and academic representatives, to examine how climate change is affecting residential and commercial property insurance. It will analyze insurance affordability, uninsurable areas, subsidies, and related housing and real‑estate impacts, and must submit a report within one year, after which the task force will be dissolved. The goal is to help ensure that homeowners and businesses can obtain quality insurance despite growing climate risks.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
Track this bill
Get an email when A 4560 moves: committee action, floor votes, amendments and hearings. Free, no card.
Track A 4560 freeOr ask your AI assistant about A 4560 directly:
Add to Claude, ChatGPT or Cursor