Nuclear Electric Insurance Limited Explained

Nuclear Electric Insurance Limited (NEIL)
Industry:Mutual insurance
Location City:Wilmington, Delaware
Location Country:United States

Nuclear Electric Insurance Limited (NEIL) is a mutual insurance company which insures all nuclear power plants in the United States as well as some facilities internationally. The company is based in Wilmington, Delaware, and is registered in Bermuda.

It was founded in 1980 in response to the 1979 Three Mile Island accident.[1] In 1997 NEIL merged with Nuclear Mutual Limited, of Bermuda.[2]

The company provides a range of insurance products, including property damage coverage, third-party liability coverage, and environmental impairment liability coverage.

See also

Notes and References

  1. Web site: Utilities nationwide could share the financial pain of the idled Crystal River nuclear plant . https://web.archive.org/web/20130208065732/http://www.tampabay.com/news/business/energy/article1268290.ece . dead . February 8, 2013 . . Ivan . Penn . December 30, 2012 . December 30, 2012.
  2. Web site: NEIL History . Nuclear Electric Insurance Limited . December 30, 2012.