A resolution recognizing the strong link between climate change and skyrocketing insurance premiums.
Sponsors
Legislative Progress
In CommitteeMr. Whitehouse (for himself, Mr. Merkley, Mr. Schatz, Mr. Markey, …
Summary
What This Bill Does
This is a Senate Resolution (non-binding) that officially states the Senate's position that climate change is causing insurance costs to rise for American homeowners. The resolution notes that insured losses from natural disasters have increased 1000% since 2000, insurance costs have doubled in a decade, and premiums now average over $3,500 annually (with some states like Florida exceeding $14,000). It warns that failing to address climate change will make housing even more unaffordable.
Who Benefits and How
Climate action advocacy groups benefit symbolically from having the Senate officially recognize the link between climate change and rising insurance costs. This Congressional acknowledgment of climate impacts may support future legislative action on climate policy. Homeowners in disaster-prone areas gain official recognition of their financial burden, though the resolution provides no direct relief.
Who Bears the Burden and How
This is a non-binding resolution with no legal or regulatory effect. No party faces new costs, mandates, or requirements. There are no appropriations, taxes, or compliance burdens created by this resolution.
Key Provisions
- Recognizes that climate change and increased natural disaster frequency/intensity are driving up homeowner insurance costs
- Notes that insured losses exceed $100 billion annually, up from $8.4 billion in 2000
- Highlights that insurance premiums have increased 40% faster than inflation
- States that failure to address climate change will make housing more unaffordable
- Sponsored by Senator Whitehouse with 9 cosponsors
Evidence Chain:
This summary is derived from the structured analysis below. See "Detailed Analysis" for per-title beneficiaries/burden bearers with clause-level evidence links.
Primary Purpose
A Senate resolution recognizing that climate change and increased natural disasters are driving up insurance costs for homeowners, and warning that failure to address climate change will make housing more unaffordable.
Policy Domains
Legislative Strategy
"Non-binding resolution to officially recognize the connection between climate change and rising insurance costs, establishing Congressional position on the issue"
Likely Beneficiaries
- Climate action advocacy groups (gains Congressional acknowledgment of climate impacts)
- Homeowners in disaster-prone areas (recognition of their cost burden may support future policy action)
Likely Burden Bearers
- No direct burden bearers - this is a non-binding resolution with no regulatory or fiscal requirements
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology