{"id":10221,"date":"2026-05-18T05:50:31","date_gmt":"2026-05-18T10:50:31","guid":{"rendered":"https:\/\/westplexnews.com\/?p=10221"},"modified":"2026-05-18T06:15:53","modified_gmt":"2026-05-18T11:15:53","slug":"as-property-insurance-crisis-worsens-some-states-target-big-oil","status":"publish","type":"post","link":"https:\/\/missouriindependent.com\/2026\/05\/18\/repub\/as-property-insurance-crisis-worsens-some-states-target-big-oil\/","title":{"rendered":"As property insurance crisis worsens, some states target Big Oil"},"content":{"rendered":"<figure><figcaption>\n<p style=\"font-size:12px\">A firefighter watches as the Gifford Fire burns on Aug. 6, 2025, in Los Padres National Forest in California. Lawmakers in California and two other states proposed bills that would enable insurers or state attorneys general to take action against oil companies to offset the rising costs of insurance. (Photo by Eric Thayer\/Getty Images)<\/p>\n<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400\">Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In three states, Democratic lawmakers introduced bills this session that would allow insurance companies or state attorneys general to take action against oil companies to offset the rising costs of insurance.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">While none of the measures became law this session, they signal the increasing urgency in states where wildfires, floods and other disasters have driven up the cost of insurance premiums and led some insurers to stop writing new policies.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The proposals follow other state-led efforts to demand payment from fossil fuel producers for the mounting damages caused by climate change. States and municipalities have filed more than three dozen lawsuits over the industry\u2019s role in the climate crisis, claiming companies violated a <\/span><span style=\"font-weight: 400\">variety of laws, including consumer protection, public nuisance, failure to warn, fraud and racketeering.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, a handful of states have passed or introduced \u201cclimate Superfund\u201d bills that use attribution science \u2014 a new field of research \u2014 to calculate the cost of disasters and charge fossil fuel companies for their role in causing them.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Those efforts have drawn fierce opposition and legal challenges from oil companies and conservative groups.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Now, some Democrats are using a similar premise to try to put large oil companies on the hook for the fast-growing insurance crisis.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">In many states, property insurance costs have skyrocketed as insurance companies have paid out increasing claims for wildfires, hurricanes and floods. Some insurers have stopped writing policies in certain areas.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">California and some other places have seen a surge of new policies on state-backed \u201clast resort\u201d insurance plans after residents failed to find coverage on the private market. California\u2019s program, known as the FAIR Plan, was hit with billions in losses and sought a massive rate hike following the Los Angeles wildfires in 2025.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/leginfo.legislature.ca.gov\/faces\/billTextClient.xhtml?bill_id=202520260SB982\" target=\"_blank\"><span style=\"font-weight: 400\">bill<\/span><\/a><span style=\"font-weight: 400\"> in California would empower the state attorney general to sue fossil fuel companies to recover insurance costs. That measure failed to advance out of committee last month, with Republicans and some Democrats <\/span><a href=\"https:\/\/eidclimate.org\/bipartisan-opposition-stalls-climate-insurance-bill-in-california-but-hawaii-pushes-ahead\/\" target=\"_blank\"><span style=\"font-weight: 400\">expressing concerns<\/span><\/a><span style=\"font-weight: 400\"> about fuel prices among other issues.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">A <\/span><a href=\"https:\/\/www.capitol.hawaii.gov\/session\/measure_indiv.aspx?billtype=SB&amp;billnumber=1166&amp;year=2026\" target=\"_blank\"><span style=\"font-weight: 400\">bill<\/span><\/a><span style=\"font-weight: 400\"> in Hawaii would allow insurance companies to seek damages from fossil fuel companies for their role in causing disasters worsened by climate change. Any proceeds gathered from actions against polluters would be factored into insurance rates.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The bill passed both the House and Senate, but failed to advance when a conference committee ran out of time before a deadline earlier this month, the <\/span><a href=\"https:\/\/www.staradvertiser.com\/2026\/05\/05\/hawaii-news\/bill-stalls-to-allow-insurers-to-sue-fossil-fuel-companies\/\" target=\"_blank\"><span style=\"font-weight: 400\">Honolulu Star-Advertiser reported<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">\u201c[T]he largest oil and gas corporations, who knowingly contributed to the drought conditions that made the Maui fires worse, pay<\/span><span style=\"font-weight: 400\"> nothing while continuing to rake in billions of dollars in profit every year,\u201d Democratic state Sen. <\/span><span style=\"font-weight: 400\">Jarrett Keohokalole<\/span><span style=\"font-weight: 400\"> wrote in a <\/span><a href=\"https:\/\/www.civilbeat.org\/2026\/03\/make-big-oil-pay-for-wrecking-hawaii-home-insurance\/\" target=\"_blank\"><span style=\"font-weight: 400\">Honolulu Civil Beat op-ed<\/span><\/a><span style=\"font-weight: 400\">.\u00a0<\/span><span style=\"font-weight: 400\">\u201cHawai\u02bbi taxpayers should not be forced to foot the bill for Big Oil\u2019s deception.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">Meanwhile, a similar <\/span><a href=\"https:\/\/www.nysenate.gov\/legislation\/bills\/2025\/S8585\" target=\"_blank\"><span style=\"font-weight: 400\">bill<\/span><\/a><span style=\"font-weight: 400\"> in New York, allowing both insurance companies and the state attorney general to take action against oil companies over insurance costs, has been introduced but has not yet had a hearing in committee.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As with all legislation targeting the fossil fuel industry, the insurance bills have encountered fierce opposition and powerful lobbying campaigns. If enacted, the proposals would undoubtedly face lawsuits. Fossil fuel companies have long argued that they extracted and sold their products while following a suite of federal regulations, insulating them from state claims of harm.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">States have countered that the companies knew about the dangers of climate change but lied to the public, noting the successful campaign to hold tobacco companies accountable for deception even though their products were sold legally.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400\">Stateline reporter Alex Brown can be reached at <\/span><\/i><a href=\"mailto:abrown@stateline.org\"><i><span style=\"font-weight: 400\">abrown@stateline.org<\/span><\/i><\/a><i><span style=\"font-weight: 400\">.<\/span><\/i><\/p>\n<div class=\"snrPubNote\">\n<p>This story was originally produced by <a href=\"https:\/\/stateline.org\/2026\/05\/13\/as-property-insurance-crisis-worsens-some-lawmakers-target-big-oil\/\" target=\"_blank\">Stateline<\/a>, which is part of States Newsroom, a nonprofit news network which includes Missouri Independent, and is supported by grants and a coalition of donors as a 501c(3) public charity.<\/p>\n<\/div>\n<p>Click on the link at the top of this article to be taken to the complete article.<\/p><p>This <a target='_blank' rel=\"nofollow\" href=\"https:\/\/missouriindependent.com\/2026\/05\/18\/repub\/as-property-insurance-crisis-worsens-some-states-target-big-oil\/\">post<\/a> was originally published on <a target='_blank' rel=\"nofollow\" href=\"https:\/\/missouriindependent.com\/\">this site<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Desperate to get a handle on rising property insurance costs driven by natural disasters, some state lawmakers are opening up a new line of attack in the effort to force oil companies to bear the cost of climate change effects.\u00a0 In three states, Democratic lawmakers introduced bills this session that would allow insurance companies or [\u2026]<\/p>\n","protected":false},"author":104,"featured_media":10223,"comment_status":"close","ping_status":"","sticky":false,"template":"","format":"link","meta":{"_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-10221","post","type-post","status-publish","format-link","has-post-thumbnail","hentry","category-missouri-independent","post_format-post-format-link"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - 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