Comments to the Federal Insurance Office on Climate Risk Data Collection
The Greenlining Institute submitted follow-up comments in support of the Federal Insurance Office’s (FIO) proposal on climate risk data collection to urge swift approval from the Office of Management and Budget (OMB) to expedite progress in addressing the urgent challenges posed by climate change alongside the current volatility of the insurance market.
While FIO has narrowed its data request from its already limited proposal, we still encourage
OMB to quickly approve the final proposal such that FIO can move forward and establish this
critical national baseline of data. We also recommend hosting field hearings across the country and roundtables with homeowners, renters, local government officials, and community-based organizations and Tribal communities to understand how climate-related insurance issues are presenting on the ground.
The full comment letter can be found here.
