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WV-seeded $50M mining insurance unit 'in business' | Energy and Environment - Vimarsana News

WV-seeded $50M mining insurance unit 'in business' | Energy and Environment

The Mining Mutual Insurance Company created by West Virginia Senate Bill 1 of 2022 with $50 million of taxpayer money to support coal mine operators has been "a little bit more" active in providing bonds than its head expected. The company was created to limit the state's liability for mine reclamation cleanup, but critics say it doesn't address that liability.