Agenda - 02-09-1999 - 1 - Laserfiche WebLink

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(c) Loss of use insurance: This "presents a difficult insurance problem during the period of early development of industrial atomic power. If any such protection is available it will be somewhat limited in amount." (d) Workments Compensation_ insurance: "The wo- kments compensation hazard can be handled by existing insurance facilities." (e) Public Liability insurance: "The public liability hazards resulting from damage to persons or property can be insured by existing in- surance facilities up to the limits of liability normally available to more hazardous types of in- dustrial enterprises." However, the field of third - party liability presents "the most serious problem as to the amount of insurance available" as a re- sult of "the very high aggregate dollar amount of claims which might arise in the event of a possible, though not necessarily probable, catastrophic acci- dent." In addition to these conclusions, the Study Group (a) noted that "The catastrophe potential, although remote, is more serious than anything now known in industry ", and (b) declined, as not properly its function, "to determine whether 24