Climate Change and Global Warming (EX) Task Force
October 1, 2007

The Climate Change and Global Warming Task Force met on October 1, 2007.

During this meeting, the Task Force:

• Approved proposed charges for 2008.

• Heard that the Task Force will receive a detailed report in a few weeks regarding the findings from Florida Governor Crist’s recent Climate Change Summit.

• The Task Force continued its discussions on whether to request or require disclosures from insurers related to recognition of the impact of climate change on its operations. Comments were heard from the American Insurance Association, the Natural Resources Defense Council, CERES and Center for Economic Justice.

• The Task Force distributed a draft outline of its white paper on Potential Insurance-Related Impacts of Climate Change on Insurance Regulators. A draft of the white paper is anticipated shortly with a conference call to be held before the 2007 Winter National Meeting. The white paper will include the Task Force’s recommendation on disclosures.

Action Items: