[TexasGator]

“It suffered partial core meltdown.”

Two of the 105 assemblies ... And was safely shutdown when radiation alarms were activated with no threat to the public.

“BTW, NO commercial reactors would be economically viable if they didn’t have liability insurance against catastrophe provided by the US taxpayer. NO utility could afford it.”

Reactor sites pay almost $400 million a year in off-site liability insurance. If an accident happens other sites are required to contribute to the ‘fund’. Presently, that would be almost $12,000,000,000 available before federal dollars would be involved.

[867V309]

Reactor sites pay almost $400 million a year in off-site liability insurance. If an accident happens other sites are required to contribute to the ‘fund’. Presently, that would be almost $12,000,000,000 available before federal dollars would be involved.

$12,000,000,000? Nice try, looks like a lot of money. It's only 12 billion.
"The Federal government provided $11.2 billion in immediate assistance to the Government of New York City in September 2001" and that was just a couple of airplanes and no everlasting radiation!

If that insurance is such a good deal, why won't private insurers touch it?

Answer: they have actuaries. Who calculate the odds of another Chernobyl or Fukushima. Figure it out.