Reply #10: Yes they do. [View All]

[Statistical]

If liabilities exceed insurance at any other power plant who do you think is the backstop.

Want to know the largest single loss of life in power industry...... a hydro electric plant.



230,000 people were killed and destroyed 6 million buildings when the damn failed.
No hydro electric damn in the US has adequate insurance to cover a worst case scenario.

Still why would you exclude 9/11. Damages are damages and 9/11 cost the US govt (and thus taxpayers) hundreds of billions of dollars because the airlines had insufficient insurance.

The reality is no industry is insured to worst case scenario.

If they don't want to incur the risk, I don't want to incur the risk either.
I don't want the risk of you doing $20 million damages and not paying it. I think your insurance should be raised to $20 million per vehicle. :) See how that works? See why P-A was needed?

You weren't worried about unfunded liability risk on hydro-electric damns but you were on nuclear power plants. This is based on a bias against one form of power and towards another. This is EXACTLY why P-A was needed.