Time Clock, Feb. 4, 1957

ATOMIC INSURANCE for industry will go on the market in a few weeks, offer disaster coverage up to $115 million for each nuclear plant. Separate pools of 135 stock companies each will sell maximum $50 million in property damage and $50 million in public-liability coverage, while third syndicate of about 100 mutual companies will write maximum $15 million in combined property-liability policy. Liability rates will vary with plant, starting with $500 per $1,000,000 for a year's coverage for a research reactor, $1,000 per $1,000,000 for power reactor.

WOMEN WORKERS will be in greater...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!