Maryland HB1219 mandates a study on the impact of climate change on homeowner's insurance and emergency management.

Maryland HB1219 requires the University System of Maryland to study the relationship between climate change, homeowner's insurance availability and costs, and emergency management. The study will evaluate the impact of climate change on insurance, federal policy changes, and best practices for funding emergency management. It will also recommend ways to incentivize homeowners to invest in protective measures and suggest modifications to insurance rates for those who have made improvements. The findings will be submitted to the General Assembly by January 1, 2027.

Maryland HB1219 mandates a study on the impact of climate change on homeowner's insurance and emergency management.

Maryland HB1219 requires the University System of Maryland to study the relationship between climate change, homeowner's insurance availability and costs, and emergency management. The study will evaluate the impact of climate change on insurance, federal policy changes, and best practices for funding emergency management. It will also recommend ways to incentivize homeowners to invest in protective measures and suggest modifications to insurance rates for those who have made improvements. The findings will be submitted to the General Assembly by January 1, 2027.