Committee approves mine-subsidence bill after rejecting amendment that would have removed collateral-source offset
Mar 11, 2026
The committee reported an engrossed committee substitute for House Bill 54 62, changing mine-subsidence insurance rules to allow the fund to reduce payments by amounts received from other sources and to require pre-suit notice and limits on extra-contractual recoveries; a senator's amendment to remove the collateral-source setoff was rejected by division vote.
The full story
The Senate Banking and Insurance Committee on March 4 reported an engrossed committee substitute for House Bill 54 62, a measure affecting mine-subsidence insurance and the Mine Subsidence Fund administered by the Board of Risk and Insurance Management (BRIM).
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