Hawaii SB1167 mandates the Hawaii Hurricane Relief Fund to pursue subrogation claims against parties responsible for climate change damages.
Hawaii SB1167 amends the Hawaii Hurricane Relief Fund's operations to include pursuing subrogation claims against entities responsible for climate change damages. The bill mandates the fund to file and litigate claims against parties that have caused climate disasters and extreme weather events. It also requires insurance rates to account for proceeds from these subrogation claims. The fund must establish procedures for handling claims, collecting premiums, and maintaining records.
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