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SB 2452 Hawaii Senate · 2026 Regular Session

RELATING TO CLIMATE-FRIENDLY INSURERS.

Summary
Establishes requirements for certain insurers to address climate-related financial risk by limiting underwriting and investment in fossil fuel projects and by requiring reporting, certification, and regulatory oversight. Requires the Department of Commerce and Consumer Affairs, in consultation with the Department of Health, to define certain terms by rule or guidance. Establishes the Climate-Friendly Insurers Special Fund. Appropriates funds.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill appropriates funds for Climate-Friendly Insurers Special Fund, directly funding a new program through budgetary provisions per its summary and subjects.95% confidence ✓ EnergySupports EnergyBill mandates insurers to limit fossil fuel investments, directly reducing dependence on fossil fuels and advancing climate-friendly energy transition.95% confidence ✓ EnvironmentSupports EnvironmentRequires insurers to limit fossil fuel investments, mandates climate risk reporting, and establishes a climate-focused fund, directly advancing environmental protection goals.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 22, 2026 Last action Feb 11, 2026
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
2
Feb 6, 2026
Upper · Passed
The committee(s) on CPN/AEN has scheduled a public hearing on 02-11-26 10:00AM; Conference Room 229 & Videoconference.
upper
Jan 28, 2026
Committee
Referred to CPN/AEN, WAM/JDC.
upper
Jan 22, 2026
Introduced
Introduced.
upper
2 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Karl Rhoads
Karl Rhoads
DDemocratic
HI
13
P
Photo of Stanley Chang
Stanley Chang
DDemocratic
HI
9