A 4560
Creates Joint Blue Ribbon Task Force on Impacts of Climate Change on Property Insurance.
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- Passed Senate
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Bill overview
This bill establishes a Joint Blue Ribbon Task Force to examine the effects of climate change on property insurance in New Jersey. The task force will analyze how state and federal programs, along with the insurance industry, contribute to risky decisions and potential uninsurability of properties due to climate-related hazards. It will also assess the impact on affordable housing and real estate values, and ultimately recommend solutions to ensure access to affordable property insurance.
Sponsors
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Primary sponsors
Michael Venezia
Roy Freiman
Sterley Stanley
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