Establishes requirements for certain insurers to address climate-related financial risk by limiting underwriting and investment in fossil fuel projects and by requiring reporting, certification, and regulatory oversight. Requires the Department of Commerce and Consumer Affairs, in consultation with the Department of Health, to define certain terms by rule or guidance. Establishes the Climate-Friendly Insurers Special Fund. Appropriates funds.
- Chamber
- Senate
- Introduced
- Jan 22, 2026
- Last action
- Jan 22, 2026 — Introduced.
- Session
- 2026
- Momentum
- 31 · Low