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Senate defers climate-friendly insurers bill after insurance-division warning of market disruption
Hawaii State Senate Committee on Commerce and Consumer Protection · February 12, 2026
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Summary
SB 2452, a bill aiming to restrict insurers' investments tied to climate impacts, was deferred after the Insurance Division warned it could shrink the authorized insurance market and raise consumer premiums.
The Senate joint committee deferred SB 2452, a bill addressing climate-related investing by insurers, after the Insurance Division signaled substantial concerns about market impacts.
Matt Sujima, speaking for the Insurance Division, said the division "respectfully opposes SB 2452" and voiced…
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