Evidently you''ve fallen for the anti-nuclear propaganda without bothering to check out the facts.
You've probably heard that there are no insurance companies that insure nuclear power plants. That is WRONG:
http://www.amnucins.com/
American Nuclear Insurers (ANI) is a joint underwriting association created by some of the largest insurance companies in the United States. Our purpose is to pool the financial assets pledged by our member companies to provide the significant amount of property and liability insurance required for nuclear power plants and related facilities throughout the world.
You've probably heard that the Price-Anderson fund is paid for by taxpayers; which is another LIE:
http://en.wikipedia.org/wiki/Price%E2%80%93Anderson_Nuclear_Industries_Indemnity_Act
Power reactor licensees are required by the act to obtain the maximum amount of insurance against nuclear related incidents which is available in the insurance market (as of 2011, $375 million per plant). Any monetary claims that fall within this maximum amount are paid by the insurer(s). The Price-Anderson fund, which is financed by the reactor companies themselves, is then used to make up the difference. Each reactor company is obliged to contribute up to $111.9 million per reactor in the event of an accident with claims that exceed the $375 million insurance limit. As of 2011, the maximum amount of the fund is approximately $12.22 billion ($111.9m X 104 reactors) if all of the reactor companies were required to pay their full obligation to the fund. This fund is not paid into unless an accident occurs.
The above monetary values are based on calculations by scientists at Brookhaven National Lab as to the worst possible consequences of an accident in a US-type plant.
The only people that say the insurance costs have been "socialized" are those that don't know what they are talking about.
PamW
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