RELATING TO CLIMATE-FRIENDLY INSURERS.
Sponsored By: Karl Rhoads (Democratic)
In Committee
Summary
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.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & Cosponsors
Sponsor
Karl Rhoads
Democratic • Senate
Cosponsors
Stanley Chang
Democratic • Senate
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
The committee on AEN deferred the measure.
2/11/2026SenateThe committee on CPN deferred the measure.
2/11/2026SenateThe committee(s) on CPN/AEN has scheduled a public hearing on 02-11-26 10:00AM; Conference Room 229 & Videoconference.
2/6/2026SenateReferred to CPN/AEN, WAM/JDC.
1/28/2026SenateIntroduced.
1/22/2026SenatePassed First Reading.
1/22/2026Senate
Bill Text
Original
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