West Virginia legislation · 2026 Regular Session
West Virginia HB5462: Relating to Mine Subsidence
Status: Signed into law, April 1, 2026
What the bill says
An act to amend and reenact §33-30-6 and §33-30-12 of the Code of West Virginia, 1931, as amended, relating to mine subsidence insurance; requiring recovery paid to the policyholder for an incurred covered loss first be applied to property damages; entitling mine subsidence insurance fund to setoffs; making legislative findings; and prohibiting cause of action against an insurer for mine subsidence insurance claims reported to the Board of Risk and Insurance Management. ARTICLE 30. MINE SUBSIDENCE INSURANCE. §33-30-6. Mine subsidence coverage; waivers. (a) Beginning October 1, 1982, every insu.
From the enrolled text, March 14, 2026:
AN ACT to amend and reenact §33-30-6 and §33-30-12 of the Code of West Virginia, 1931, as amended, relating to mine subsidence insurance; requiring recovery paid to the policyholder for an incurred covered loss first be applied to property damages; entitling mine subsidence insurance fund to setoffs; making legislative findings; and prohibiting cause of action against an insurer for mine subsidence insurance claims reported to the Board of Risk and Insurance Management. ARTICLE 30. MINE SUBSIDENCE INSURANCE. §33-30-6. Mine subsidence coverage; waivers. (a) Beginning October 1, 1982, every insurance policy issued or renewed insuring on a direct basis a structure located in this state shall include, at a separately stated premium, insurance for loss occurring on or after October 1, 1982, caused by mine subsidence unless waived by the insured: A waiver is not required and the coverage may only be provided if requested by the insured in the following counties: Berkeley, Cabell, Calhoun, Hampshire, Hardy, Jackson, Jefferson, Monroe, Morgan, Pendleton, Pleasants, Ritchie, Roane, Wirt, and Wood. (b) The effective date of a new policy or endorsement containing mine subsidence insurance coverage shall be on the thirtieth calendar day after the application date. The premium charged for coverage shall be set by the and total insured value reinsured by the board may not exceed $200,000. In no event may the …