4 ms·
One of the things that I find fascinating about nuclear power is how it is insured (or was). In the early 2000's I actually wrote the software that enabled thi
by claytongulick 3y ago
One of the things that I find fascinating about nuclear power is how it is insured (or was).
In the early 2000's I actually wrote the software that enabled this*.
There was a single insurance company, NEIL (Nuclear Electric Insurance Ltd) that wrote the policies for all of the nuclear power plants in the U.S.
This company was wholly owned by the energy companies, so they self-insured through cost-based rate hikes.
I got to see pictures of some of the claims that had been filed.
Let's just say... it still keeps me up at night.
Many things don't make it to the news.
* As an aside, one of the applications I wrote for them to track fires in plants still stands out as the single worst web app I've ever written. Visual Interdev with server events that reloaded the page every click and an OCX control with an animated fire. Omg.