Jun 18, 2026BoardMeeting
BoardUnited States Senate Senate Session
The discussion focused on the economic impact of climate change, specifically regarding its influence on rising homeowners' insurance costs and the increased risk of uninsurable homes. A senator presented arguments that climate change is a scientific and economic reality supported by industry data, and attempted to pass Senate Resolution 554 regarding this issue. A fellow senator objected, attributing rising insurance premiums to regulatory policies affecting the cost of construction materials and labor rather than climate change, and advocated for increasing housing supply as the solution. The attempt to pass the resolution was unsuccessful due to the objection.