NJ | The New Jersey Department of Banking and Insurance has issued Bulletin No. 24-09.
For the current survey, Reporting Year 2023, all participating insurers are required to report using the Task Force on Climate related Financial Disclosure (“TCFD”)-aligned National Association of Insurance Commissioners (“NAIC”) Climate Risk Survey. The TCFD-aligned survey was established and implemented last reporting year after being developed by the “Climate Risk Disclosure” workstream of the NAIC’s Climate Risk and Resilience Executive Committee Task Force. Continue reading.