RI H7752

Creates private right of action allowing individuals, businesses, nonprofits, and municipalities to sue fossil fuel companies for climate-attributable harm, with a 3-year statute of limitations from when the plaintiff knew or should have known of the harm

Imposes strict liability on "responsible parties" defined as entities that extracted, produced, refined, marketed, or sold fossil fuel products while engaging in misleading or deceptive statements about climate impacts

Authorizes insurers, including the Rhode Island Joint Reinsurance Association, to bring direct civil actions against responsible parties to recover paid claims, increased reinsurance costs, and costs from market destabilization

Recoverable damages include property damage, economic loss, business interruption, repair/remediation/adaptation costs, attorneys' fees, and punitive damages where authorized by law

Requires any insurer recoveries to be reflected in rate filings and used to offset losses or reduce future rate increases, with the Department of Business Regulation adopting rules to ensure recoveries benefit policyholders