RECENT DEVELOPMENTS IN THE AREA OF INSURANCE AND INDEMNITY COVERAGE FOR TRANSPORTATION OF RADIOACTIVE MATERIALS IN THE UNITED STATES OF AMERICA

RECENT DEVELOPMENTS IN THE AREA OF INSURANCE AND INDEMNITY COVERAGE FOR TRANSPORTATION OF RADIOACTIVE MATERIALS IN THE UNITED STATES OF AMERICA. A continuing concern surrounding the packaging and transportation of radioactive materials is the availability of adequate compensation in the unlikely event of a serious accident. The paper will discuss recent developments in the area of insurance and indemnity coverage for such in the United States of America. At two earlier PATRAM symposia, held in 1980 and 1983, descriptions of the US Price-Anderson insurance-indemnity system were presented. Since then, there have been several developments of interest. Foremost among these is the fact that the United States Congress is considering whether to again extend Price-Anderson Act authority. Thus, 1986 is a pivotal year in terms of whether Congress will re-authorize this legislation before it expires on I August 1987.