Urges the Insurance Division and Department of the Attorney General to form a working group to address climate change impacts on insurance.

The bill urges the Insurance Division of the Department of Commerce and Consumer Affairs and the Department of the Attorney General to convene a working group. The group will assess Hawaii's insurance exposure to extreme weather events and natural disasters impacted by climate change. It will identify existing resources and analyze legal means to seek recovery from responsible parties, including large oil and gas companies. The working group will submit a report by the start of the 2027 Regular Session.

Urges the Insurance Division and Department of the Attorney General to form a working group to address climate change impacts on insurance.

The bill urges the Insurance Division of the Department of Commerce and Consumer Affairs and the Department of the Attorney General to convene a working group. The group will assess Hawaii's insurance exposure to extreme weather events and natural disasters impacted by climate change. It will identify existing resources and analyze legal means to seek recovery from responsible parties, including large oil and gas companies. The working group will submit a report by the start of the 2027 Regular Session.