Code · BILL · 117th Congress · S. 588 (Introduced in Senate) — To establish the Advisory Committee on Climate Risk on the Financial Stability Oversight Council. · Sec. 5

Sec. 5. FIO report on insurance regulation and climate risk

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Not later than 1 year after the date of enactment of this Act, the Federal Insurance Office shall publish a report that— assesses the potential impact of climate financial risk on the insurance sector in the United States; and recommends ways to modernize and improve the system of climate risk insurance regulation in the United States.