Indemnity and Reactor Safety: Hearings Before the United States Joint Committee on Atomic Energy, Eighty- Sixth Congress, First Session, on Apr. 29, 30, 1959, Part 1U.S. Government Printing Office, 1959 - 122 pages Reviews AEC procedure for determining effective property and liability insurance coverage for nuclear power plants, ships and construction contractors. |
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Common terms and phrases
$60 million accident Advisory Committee amount of financial apply Atomic Energy Act Atomic Energy Commission Atomic Industrial Forum bodily injury BUTLER Chairman ANDERSON claims Committee on Atomic Committee on Reactor Congress connection contract countries course of transportation covered draft EICHHOLZ Energy Liability Insurance Energy Liability Policy ESTEP Euratom financial protection fuel elements GODWIN Government indemnity HENNESSEY indemnified indemnity agreement indemnity problems injury or property insurance companies Joint Committee legislation Liability Insurance Association liability problems licensed activity licensee limit of liability McCULLOUGH ment named insured NS Savannah nuclear energy hazard Nuclear Energy Liability nuclear facility nuclear incident OEEC convention onsite property premium present Price-Anderson Act property damage proposed amendment public liability question reactor operator Reactor Safeguards reinstatement Representative DURHAM Representative HOSMER Representative PRICE research reactors risk Savannah section 170 solution special nuclear material statement suggest syndicates third party tion TOLL VOGEL
Popular passages
Page 49 - Subrogation. In the event of any payment under this policy, the company shall be subrogated to all the insured's rights of recovery therefor against any person or organization and the insured shall execute and deliver instruments and papers and do whatever else is necessary to secure such rights. The insured shall do nothing after loss to prejudice such rights.
Page 48 - If claim is made or suit is brought against the insured, the insured shall immediately forward to the company every demand, notice, summons or other process received by him or his representative.
Page 48 - Any person or organization or the legal representative thereof who has secured such judgment or written agreement shall thereafter be entitled to recover under this policy to the extent of the insurance afforded by this policy.
Page 13 - Public liability' also includes damage to property of persons indemnified : Provided, That such property is covered under the terms of the financial protection required...
Page 48 - ... signed and sworn to by the insured, stating the knowledge and belief of the insured as to the following...
Page 50 - The time of the surrender, or the effective date and hour of cancellation stated in the notice, shall become the end of the policy period. Delivery of such written notice either by the named Insured or by the Company shall be equivalent to mailing.
Page 49 - The appraisers shall then appraise the loss, stating separately actual cash value and loss to each item; and, failing to agree, shall submit their differences, only, to the umpire. An award in writing, so itemized, of any two when filed with this Company shall determine the amount of actual cash value and loss. Each appraiser shall be paid by the party selecting him and the expenses of appraisal and umpire shall be paid by the parties equally.
Page 48 - No suit or action on this policy, for the recovery of any claim, shall be sustainable in any court of law or equity until after full compliance by the insured with all the foregoing requirements, nor unless commenced within twelve months next after the fire.
Page 48 - ... produce for examination all books of account, bills, invoices and other vouchers, or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by this company or its representative, and shall permit extracts and copies thereof to be made.
Page 49 - ... from asserting any right under the terms of this policy ; nor shall the terms of this policy be waived or changed, except by endorsement issued to form a part of this policy executed by Nuclear Energy Liability Insurance Association on behalf of the companies.