Relating to authorizing the Board of Risk and Insurance Management to promulgate a legislative rule relating to mine subsidence insurance.

This bill authorizes the West Virginia Board of Risk and Insurance Management to finalize and implement a specific rule (115 CSR 01) regarding mine subsidence insurance. It directly affects insurance providers and policyholders involved in mine subsidence coverage by allowing the Board to promulgate the rule after addressing prior legislative committee concerns. The rule was previously modified and refiled following objections from the Legislative Rule-Making Review Committee. This is a procedural authorization, not a new policy, to enable the Board to establish regulatory standards for mine subsidence insurance.