UNEP FI is delighted to announce that the California Department of Insurance, led by Insurance Commissioner Dave Jones, has recently become a signatory to the UNEP FI-created Principles for Sustainable Insurance (PSI). California is the largest insurance market in the US and the sixth largest in the world. The California Department of Insurance has taken a leading role in addressing climate change risk in the US insurance industry, and is the second insurance regulator to join the PSI, after the Philippine Insurance Commission. PSI membership in North America was also recently reinforced when TD Insurance in Canada became a PSI signatory company.