La. Admin. Code tit. 43 § XV-4309

Current through Register Vol. 50, No. 9, September 20, 2024

Section XV-4309 - Terms and Conditions for Liability Insurance

A. The office shall require the applicant to submit at the time of permit application a certificate issued by an insurance company authorized to do business in the United States certifying that the applicant has a public liability insurance policy in force for the surface coal mining and reclamation operation for which the permit is sought. The certificate shall provide for personal injury and property damage protection in an amount adequate to compensate all persons injured or property damaged as a result of surface coal mining and reclamation operations, including use of explosives and damage to water wells, and entitled to compensation under the applicable provisions of state law. Minimum insurance coverage for bodily injury shall be $300,000 for each occurrence and $500,000 aggregate; and minimum insurance coverage for property damage shall be $300,000 for each occurrence and $500,000 aggregate.

B. The policy shall be maintained in full force during the life of the permit or any renewal thereof, including completion of all reclamation operations under these regulations.

C. The policy shall include a rider requiring that the insurer notify the office whenever substantive changes are made in the policy, including any termination or failure to renew.

D. The office may accept from the applicant, in lieu of a certificate for public liability insurance policy, satisfactory evidence from the applicant that it satisfies applicable state self-insurance requirements.

NOTE: This Subsection will become effective only upon the promulgation of regulations by the office or other appropriate state agency regarding self-insurance requirements of the state of Louisiana and approval of these regulations by the Secretary of Interior.

La. Admin. Code tit. 43, § XV-4309

Promulgated by the Department of Natural Resources, Office of Conservation, LR 5:395 (December 1979), amended LR 6:177 (May 1980), LR 14:441 (July 1988), LR 20:447 (April 1994).

AUTHORITY NOTE: Promulgated in accordance with R.S. 30:901-932.

This Subsection will become effective only upon the promulgation of regulations by the office or other appropriate state agency regarding self-insurance requirements of the state of Louisiana and approval of these regulations by the Secretary of Interior.