An Act establishing the Landslide Insurance Program; establishing and providing for the powers and duties of the Landslide Insurance Board; providing for duties of the Auditor General; imposing a penalty; and making appropriations and transfers.

This bill establishes a new state program to provide insurance and financial assistance for property damage caused by landslides and subsidence resulting from coal and clay mining. It creates a dedicated insurance board and fund to administer coverage for homeowners and businesses in affected areas, particularly in southwestern Pennsylvania. The legislation outlines how premiums will be set, how claims will be processed, and how the program will be funded through an insurance fund and a separate assistance fund. Additionally, the bill assigns oversight duties to the Auditor General and allows insurance companies to offer coverage for these specific risks.