On December 9, 2014, I participated as one of the speakers on a
panel at the Nuclear Power International conference in
Orlando, Florida. The session focused on the unique regulations and
procedures that workers and plant operators must follow in order to
keep the public and the staff safe. We also discussed the market
conditions affecting nuclear power, including the challenges the
industry faces from competing power generating sources such as
natural gas. Rick Higginbotham of GE Power &
Water and Clayton T. Smith of Fluor served as co-chairs and led the
discussion.
In my presentation I talked about
industry-specific insurance issues concerning nuclear power plants,
and explained the available options for liability and property
damage insurance. I also provided important tips to keep in mind in
the event of a property damage claim. Understanding how these
policies work, and the importance of prompt notice as well as the
often complicated and technical process of