2021 Membership

Mission

The mission of the Climate and Resiliency (EX) Task Force is to serve as the coordinating NAIC body for discussion and engagement on climate-related risk and resiliency issues, including dialogue among state insurance regulators, industry, and other stakeholders.

CLIMATE RISK AND RESILIENCY RESOURCE CENTER

2022 Adopted Charges

The Climate and Resiliency (EX) Task Force will:

1. Consider appropriate climate risk disclosures within the insurance sector, including:
   • Evaluation of the Climate Risk Disclosure Survey.
   • Evaluation of alignment with other sectors and international standards.
2. Evaluate financial regulatory approaches to climate risk and resiliency in coordination with other relevant committees, task forces and working groups, such as the Financial Condition (E) Committee and the Financial Stability (EX) Task Force, including:
   • Evaluation of the use of modeling by carriers and their reinsurers concerning climate risk.
   • Evaluation of how rating agencies incorporate climate risk into their analysis and governance.
   • Evaluation of the potential solvency impact of insurers’ exposures, including both underwriting and investments, to climate-related risks.
   • Evaluation and development of climate risk-related disclosure, stress-testing, and scenario modeling.
3. Consider innovative insurer solutions to climate risk and resiliency, including:
   • Evaluation of how to apply technology and innovation to the mitigation of storm, wildfire, other climate risks and earthquake.
   • Evaluation of insurance product innovation directed at reducing, managing and mitigating climate risk, and closing protection gaps.
4. Identify sustainability, resilience and mitigation issues and solutions related to the insurance industry.
5. Consider pre-disaster mitigation and resiliency and the role of state insurance regulators in resiliency.

Workstreams

Pre-Disaster Mitigation:

Vice Chair: Pending

Members: 

1. Commissioner Michael Conway (CO)
2. George Bradner (CT)
3. Commissioner David Altmaier (FL)
4. Commissioner Colin M. Hayashida (HI)
5. Commissioner James J. Donelon (LA)
6. Peter Brickwedde (MN)
7. Thomas Green (NE)
8. Superintendent Elizabeth Kelleher Dwyer (RI)
9. Vickie Trice (TN)
10. Commissioner Mike Kreidler (WA)

Solvency:

Vice Chair: Commissioner Kathleen A. Birrane (MD)

Members: 

1. Commissioner Kathleen A. Birrane (MD)
2. George Bradner (CT)
3. Commissioner David Altmaier (FL)
4. Commissioner Gary D. Anderson (MA)
5. Nina Chen (NY)
6. Superintendent Elizabeth Kelleher Dwyer (RI)
7. Vickie Trice (TN)
9. Commissioner Scott A. White (VA)
10. Commissioner Mike Kreidler (WA)
11. Amy Malm (WI)

Climate Risk Disclosure:

Vice Chair: Commissioner Andrew Stolfi (OR)

Members: 

1. Commissioner Andrew Stolfi (OR)
2. Mike Peterson (CA)
3. George Bradner (CT)
4. Commissioner Karima M. Woods (DC)
5. Commissioner Kathleen A. Birrane (MD)
6. Peter Brickwedde (MN)
7. Nina Chen (NY)
8. Commissioner Jessica K. Altman (PA)
9. Jack Broccoli (RI)
10. Vickie Trice (TN)
11. Thomas Sanford (VA)
12. Commissioner Mike Kreidler (WA)

Innovation:

Vice Chair: Commissioner Colin M. Hayashida (HI)

Members:

1. Commissioner Colin M. Hayashida (HI)
2. Lucy Jabourian (CA)
3. Commissioner Michael Conway (CO)
4. George Bradner (CT)
5. Commissioner David Altmaier (FL)
6. Chris Aufenthie (ND)
7. Director Judith L. French (OH)
8. Commissioner Mike Kreidler (WA)

Technology:

Vice Chair: Commissioner James J. Donelon (LA)

Members:

1. Commissioner James J. Donelon (LA)
2. Commissioner Michael Conway (CO)
3. George Bradner (CT)
4. Colin M. Hayashida (HI)
5. Chris Aufenthie (ND)
6. Superintendent Elizabeth Kelleher Dwyer (RI)
7. Vickie Trice (TN)
8. Commissioner Mike Kreidler (WA)