BILL SUMMARY DETAILS

Florida League of Cities

Insurance-Based Climate Change Task Force (Support)

SB 1872 (Rouson) and HB 1623 (Diamond) direct the Commissioner of Insurance Regulation to convene a Climate and Resiliency Task Force to consider the impact of climate change on Florida’s insurance market. The bills direct the Task Force to identify protection gaps in Florida’s insurance market and recommend approaches for reducing, managing and mitigating climate-related risk. The bills direct the Task Force to issue a report to the governor and Legislature every three years, beginning January 2023. (O’Hara)