Mining News

Milliman: Black-Lung Liabilities Top $9 Billion as Coal Industry Shrinks – by William Rabb (Claims Journal – June 9, 2022) 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. pastedGraphic.pngThat’s according to a recent report from Milliman, the global actuarial and consulting firm. …

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