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Nuclear Electric Insurance Limited. Our Vision. To serve our Members as the world class leader in nuclear power insurance, loss prevention and utility industry risk transfer solutions. Our Mission. Nuclear power is vital to ensuring the clean energy needs of tomorrow. NEIL’s Mission is to enable nuclear power through our commitment to:
- About Neil
NEIL (Nuclear Electric Insurance Limited) is a mutual...
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1 Righter Parkway Suite 210 Wilmington, Delaware 19803...
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Nuclear Electric Insurance Limited. R. Benjamin (Ben) Mays....
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Annual Reports. Our values have helped shape who we want to...
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With consolidation of the U.S. industry, NEIL turns its...
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Nuclear Electric Insurance Limited NEIL continued to...
- About Neil
Nuclear Electric Insurance Limited (NEIL) is a mutual insurance company which insures all nuclear power plants in the United States as well as some facilities internationally. The company is based in Wilmington, Delaware, and is registered in Bermuda. [1]
Nuclear Electric Insurance Limited | 1,168 followers on LinkedIn. NEIL is incorporated under the laws of Bermuda, has its place of business in Wilmington, Delaware and is a registered...
- Nuclear Insurance: Price-Anderson Act
- Price-Anderson in Action
- Onsite Insurance Requirements
- International Liability Agreement
The Price-Anderson Act became law on Sept. 2, 1957, to cover liability claims of members of the public for personal injury and property damage caused by a commercial nuclear power plant accident. The legislation helped encourage private investment in commercial nuclear power by placing a cap, or ceiling, on the total amount of liability each nuclea...
During the accident at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, in 1979, the Price-Anderson Act provided liability insurance to the public. Coverage was available to those in need by the time Pennsylvania’s governor recommended the evacuation of pregnant women and families with young children living near the plant. At ...
Although not required by the Price-Anderson Act, NRC regulations (10 CFR 50.54(w)) require licensees to maintain a minimum of $1.06 billion in onsite property insurance at each reactor site. The NRC added this requirement after the Three Mile Island accident out of concern that licensees may be unable to cover onsite cleanup costs resulting from a ...
Separate from the Price-Anderson Act, the United States is a party to the Convention on Supplementary Compensation for Nuclear Damage, which was developed under the auspices of the International Atomic Energy Agency to be the basis for a global nuclear liability regime. The CSC provides an additional amount of liability coverage for nuclear inciden...
May 16, 2024 · OLDWICK, N.J., May 16, 2024 -- (BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of "a+" (Excellent) of Nuclear...
Nuclear Electric Insurance Limited | 1,019 followers on LinkedIn. NEIL is incorporated under the laws of Bermuda, has its place of business in Wilmington, Delaware and is a registered...
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NEIL (Nuclear Electric Insurance Limited) is a mutual insurance company guided by a set of steadfast principles. Decades of proven financial success have given us unequaled leverage in the industry.
