Section 11-8-2.4-43-4309 - Terms and Conditions for Liability Insurance(a) The Department 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 policy 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 Department whenever substantive changes are made in the policy, including any termination or failure to renew.(d) The Department 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. This subsection will become effective only upon the promulgation of regulations by the Commission or other appropriate state agency regarding self-insurance requirements of the state of Mississippi and approval of these regulations by the Secretary of the Interior.11 Miss. Code. R. § 8-2.4-43-4309
Miss. Code Ann. § 53-9-31 and 53-9-1, et seq.