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S 687·NJ·senate

Creates Joint Blue Ribbon Task Force on Impacts of Climate Change on Property Insurance.

Reported by CommitteeFiled Jan 13, 2026
Sponsor: Bob Smith (D)
Latest Action

Reported out of Assembly Comm. with Amendments, 2nd Reading

Sep 17, 2026

Summary

The bill sets up a joint Blue Ribbon Task Force, housed in the Department of Banking and Insurance, to examine how climate change is affecting homeowners and commercial property insurance. The group will analyze risks, pricing, affordability and community impacts, then deliver a report with recommendations within a year. The goal is to help the state keep insurance available and affordable as climate risks grow.

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

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