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Mosaic develops hybrid coverage to support orphaned well projects in North America

Summary by ReinsuranceNe.ws
Mosaic Insurance, a specialty insurer focused on complex and emerging risks, has introduced a new product aimed at supporting efforts to remediate abandoned and orphaned oil and gas wells across North America. The company’s environmental division has created a hybrid insurance solution that combines elements of pollution and well control coverage. The policy is intended to manage the specific risks associated with plugging disused wells—efforts …
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ReinsuranceNe.ws broke the news in on Thursday, June 19, 2025.
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