Does anybody know how nuclear plants are insured in the US and what are the details, year by year etc.? I had heard that they are insured by Lloyd's of London. If so, could all nukes be shut down going into the rollover due to the fact that no one will insure the power plants?

-- Anonymous, October 25, 1998

Answers

Do a web search on the terms "price anderson act" (in quotations). This search will lead you to more than you ever wanted to know about nuclear industry insurance issues. I don't think Lloyd's insures any domestic US nuclear plants, but I'm sure someone will correct me if I'm wrong. That is mostly the domain of NML, Nuclear Mutual Limited, and ANI, American Nuclear Insurers.

-- Anonymous, October 26, 1998