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Insurers, climate advocates and the Attorney General spar over SB 1166; committee defers
Summary
SB 1166 would encourage insurers and the Hawaii Property Insurance Association to pursue subrogation claims against responsible parties for climate-driven catastrophic losses; the Attorney General raised constitutional and vagueness concerns and stakeholders proposed amendments; the committee deferred the measure to Feb. 12 for further work and an amended SD.
Senators heard competing views Feb. 7 on SB 1166, which would encourage insurers and the Hawaii Property Insurance Association to pursue subrogation claims against parties the bill describes as responsible for losses linked to climate change.
Jerry Bong of the DCCA Insurance Division stood in opposition on the record. Deputy Attorney…
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