Massey Energy says it will provide financial packages providing health care and other benefits for the families of 29 miners killed in the nation’s worst mining disaster in 40 years.
Massey officials announced Monday that the Virginia-based company will cover health care and college expenses for the miners’ children, and provide increased life insurance payouts.
Massey board director Robert Foglesong called the compensation package unprecedented. He says officials want to ease any financial concerns the families may have.
The announcement comes a day after a memorial to those killed and injured during the April 5 explosion at Massey’s Upper Big Branch mine in West Virginia.
Board members attending the news conference also reiterated their support for Massey chief executive Don Blankenship.
Topics Virginia
Was this article valuable?
Here are more articles you may enjoy.
World’s Growing Civil Unrest Has an Insurance Sting
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
Jury Finds Johnson & Johnson Liable for Cancer in Latest Talc Trial
Florida Engineers: Winds Under 110 mph Simply Do Not Damage Concrete Tiles 

