Overview of Mine Subsidence Insurance Programs in the United States PDF Download
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Author: David K. Ingram
Publisher:
ISBN:
Category : Mine subsidence insurance
Languages : en
Pages : 16
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Book Description
Research performed by the U.S. insurance industry has determined that mine subsidence is uninsurable. Consequently, the insurance industry has decided not to voluntarily offer mine subsidence insurance. The U.S. Department of the Interior has long been investigating the effects of mine subsidence; these investigations have resulted in Federal regulations and controls. This U.S. Bureau of Mines report generally describes mine subsidence, the development of mine subsidence insurance programs, and the eight current programs in the United States. The States that have these subsidence programs include Colorado, lliinois, Indiana, Kentucky, Ohio, Pennsylvania, West Virginia. and Wyoming. Major aspects of the programs include history, administrative and operational procedures, insurable structures, recognition of mine subsidence, major exclusions, claims, insurance premiums, and the economic health of each program. Addresses of agencies involved with mine subsidence insurance are also given. Information within this report can be useful for residential and commercial property owners and mine operators. States that are considering starting or already have an existing mine subsidence insurance program can also use this report as a model for initiating or modifying programs.
Author: David K. Ingram
Publisher:
ISBN:
Category : Mine subsidence insurance
Languages : en
Pages : 16
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Book Description
Research performed by the U.S. insurance industry has determined that mine subsidence is uninsurable. Consequently, the insurance industry has decided not to voluntarily offer mine subsidence insurance. The U.S. Department of the Interior has long been investigating the effects of mine subsidence; these investigations have resulted in Federal regulations and controls. This U.S. Bureau of Mines report generally describes mine subsidence, the development of mine subsidence insurance programs, and the eight current programs in the United States. The States that have these subsidence programs include Colorado, lliinois, Indiana, Kentucky, Ohio, Pennsylvania, West Virginia. and Wyoming. Major aspects of the programs include history, administrative and operational procedures, insurable structures, recognition of mine subsidence, major exclusions, claims, insurance premiums, and the economic health of each program. Addresses of agencies involved with mine subsidence insurance are also given. Information within this report can be useful for residential and commercial property owners and mine operators. States that are considering starting or already have an existing mine subsidence insurance program can also use this report as a model for initiating or modifying programs.
Author: David K. Ingram
Publisher:
ISBN:
Category : Mine subsidence insurance
Languages : en
Pages : 12
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Book Description
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: D.K. Ingram
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Author: Wyoming. Department of Environmental Quality
Publisher:
ISBN:
Category : Homeowners insurance
Languages : en
Pages : 6
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Author: U S Government Accountability Office (G
Publisher: BiblioGov
ISBN: 9781289130879
Category :
Languages : en
Pages : 24
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Book Description
Pursuant to a congressional request, GAO examined: (1) the Department of the Interior's Office of Surface Mining Reclamation and Enforcement's (OSMRE) efforts to implement the federally assisted coal mine subsidence insurance program; and (2) six states' efforts to develop self-sustaining insurance programs. GAO found that: (1) after 5 years experience with the program, two of the six states that received grants may not be progressing toward self-sustainability; (2) state officials noted that their participation rates were too low to generate sufficient premium income to meet the insurance reserve requirement for anticipated claims; (3) state officials also noted that low participation rates greatly increased the risk that a major subsidence event would threaten solvency; (4) OSMRE lacked effective management of federal grants and did not provide the oversight necessary to ensure that program objectives were met; and (5) OSMRE cited the limited funds involved and the resources needed to actively participate in state-administered programs as the reason for its passive grants management.
Author: United States Accounting Office (GAO)
Publisher: Createspace Independent Publishing Platform
ISBN: 9781719372305
Category :
Languages : en
Pages : 34
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Book Description
Coal Mine Subsidence: Several States May Not Meet Federal Insurance Program Objectives
Author: United States. Bureau of Mines
Publisher:
ISBN:
Category : Mines and mineral resources
Languages : en
Pages : 20
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Book Description
Author: Illinois. General Assembly. House of Representatives. Executive Committee. Subcommittee on Mine Subsidence. Republican Staff
Publisher:
ISBN:
Category : Coal mines and mining
Languages : en
Pages : 108
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Book Description
Author: United States. General Accounting Office
Publisher:
ISBN:
Category : Mine subsidences
Languages : en
Pages : 54
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Book Description
