California Climate Insurance

Commissioner Ricardo Lara has appointed the nation’s first Deputy Insurance Commissioner of Climate and Sustainability in the United States as California once again leads the nation by working with environmental and industry leaders to find innovative solutions to the risks posed by climate change. Our new Climate and Sustainability Office will address the threat of climate change by working with the insurance industry, climate experts, California and international leaders.
KEY INITIATIVES
- Climate Smart Insurance Database
- California Climate Insurance Working Group
- The Sustainable Insurance Roadmap
- NAIC Climate Risk Disclosure Survey
- Climate Risk Carbon Initiative
- Scenario Analysis
NEWS
- Insurance Commissioners visit site of California’s most destructive wildfire during Risk and Resilience Summit
- Senator Dodd, Commissioner Lara, Treasurer Ma Launch California Disaster Insurance Bill to Stabilize State Budget Costs from Catastrophic Events
- Commissioner Lara supports Governor Newsom's call for creative approaches to reduce wildfire risk to our communities
- Ricardo Lara pledges to confront climate-fueled wildfires, fight fraud, expand health care as next Insurance Commissioner
LEGISLATION
CLIMATE INSURANCE WORKING GROUP ITEMS
- CANCELLED October 16 Meeting Notice of California Climate Insurance Working Group
- October 16 Meeting Notice of the California Climate Insurance Working Group
- Climate Insurance Working Group Meeting Minutes (August 21, 2020)
- August 21 Meeting Notice of the California Climate Insurance Working Group
- Climate Insurance Working Group - Draft Cross Cutting Issues
- The Role of Natural Defenses for Risk Reduction and Climate Adaptation & How to Incentivize Them (Beck, 2020)
- Blue Forest Conservation Presentation - August 21 Climate Insurance Working Group Meeting
- Climate Insurance Working Group Meeting Minutes (July 22, 2020)
- July 22 Meeting Notice of the California Climate Insurance Working Group
- Climate Insurance Working Group Meeting Minutes (May 20-21, 2020)
- July 22 Meeting, Agenda Item III RISCO Presentation
- July 22 Meeting Agenda Item III AXA Presentation
- Notice of May 21 Climate Insurance Working Group Meeting
- Notice of May 20 Climate Insurance Working Group Meeting
- Draft Climate Insurance Chapter Structure Framework - May 20 Climate Insurance Working Group Meeting
- Draft Climate Insurance Full Report Outline - May 20 Climate Insurance Working Group Meeting
- Draft Recommendations for Discussion - May 20 Climate Insurance Working Group Meeting
- Local Government SB 379 Presentation - May 21 Climate Insurance Working Group Meeting
- Presentation and Discussion: Building Blocks of Risk Transfer - May 21 Climate Insurance Working Group Meeting
- Insurance for Climate Adaptation: Opportunities and Limitations (Jarzabkowski et al., 2019)
- IDF Practical Guide to Insuring Public Assets (Insurance Development Forum, 2019)
- Climate Insurance Working Group Meeting Minutes (February 2020 Draft)
- Summary of LAO Report Preparing for Rising Seas: How the State Can Help Support Local Coastal Adaptation Efforts (Legislative Analyst's Office, California)
- California fires: Building resilience from the ashes (Zurich North America, 2019)
- Preliminary Report Concept (California Climate Insurance Working Group, Draft)
- Insuring a Low Carbon Future (ShareAction >> Asset Owners Disclosure Project, 2019)
- Climate Insurance Working Group Meeting: Call In Participants (February 2020)
- Notice of February 19 Climate Insurance Working Group Meeting
- Climate Insurance Working Group Meeting Minutes (November 8, 2019)
- Climate Insurance Working Group Meeting: Call In Participants (November 8, 2019)
- Notice of November 8 California Climate Insurance Working Group Meeting
- Climate Insurance Working Group Meeting Minutes (September 10, 2019)
- Climate Insurance Working Group Meeting: Call In Participants (September 10, 2019)
- Notice of California Climate Insurance Working Group Meeting
