coal mining News

Milliman: Black-Lung Liabilities Top $9 Billion as Coal Industry Shrinks

The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black-lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 billion. …

New Zealand Hears Testimony on Mining Blast that Killed 29

Financial pressures may have led a New Zealand coal mining operation to overextend itself before an explosion killed 29 workers last year, an energy executive testified Monday at an inquiry into the country’s worst mine disaster in decades. The executive …