Creates Joint Blue Ribbon Task Force on Impacts of Climate Change on Property Insurance.

This bill creates a 13-member Joint Blue Ribbon Task Force to study how climate change impacts property insurance availability and affordability in New Jersey. The task force includes government agency commissioners, bipartisan legislators, private sector insurance representatives, and nonprofit advocates. It will examine specific issues like where insurance prices don't match flood or storm risks, which communities face uninsurable properties at reasonable costs, and how insurance changes might affect affordable housing. The task force must submit a report with findings and recommendations to the Governor and Legislature within one year of its formation. This directly affects homeowners, businesses, and municipalities in climate-vulnerable areas, particularly coastal and flood-prone communities.