6
Erin L. Webb Dickstein Shapiro LLP

Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Embed Size (px)

Citation preview

Page 1: Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Erin L. Webb

Dickstein Shapiro LLP

Page 2: Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Liability Insurance for Nuclear Power Plants

• Price-Anderson Act

• Insurance provided by American Nuclear Insurers and required by Act

• Policies bolstered by contribution from plant owners in the event of an incident

• Streamlined civil court procedures

Page 3: Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Property Insurance for Nuclear Power Plants

• Primary and excess insurance available; base amount required by NRC

• Covers costs to repair accidental property damage

• NEIL – mutual insurer

• Accidental Outage coverage

• Decommissioning coverage

Page 4: Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Property Insurance Claims – Practical Tips

• Timeliness

• Detailed Proof of Loss

• Coordination with NRC

• Analysis of Damage/Expert Opinion

Page 5: Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Emerging Issues

• Small modular reactors

• Evolution of Yucca Mountain issue/storage and disposal of SNF and other high-level wastes

• NRC “60-year plus” licensing/evolution of “waste confidence” (continued on-site storage) principles

Page 6: Nuclear Power International Panel: Economics, Policy, and Regulation, by Erin Webb, Dickstein Shapiro LLP December 9, 2014

Erin L. Webb

Dickstein Shapiro LLP

(202) 420-2607

[email protected]

Twitter @erinlwebb