Federal regulators say there is little cause for concern over the country’s nuclear power plants

After last year’s Fukushima Daiichi nuclear crisis in Japan, residents of the U.S. began to grow concerned of similar nuclear problems at home. In Japan, the disaster has been linked to some health problems for those in the northern region of the country. While these cases are few and far between, they ignite concerns regarding the overall safety of nuclear power. To help calm the nerves of U.S. citizens, the U.S. Nuclear Regulatory Commission conducted a study to examine the dangers that the energy may pose. According to the agency’s…

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Reinsurance company reports market strength despite major disasters

Willis Re, the reinsurance division of Willis Group Holdings (NYSE: WSH), has released their stimulating report “Shaken and Stirring”. Stirring is an understatement. The report shows that with the devastation in Japan, New Zealand, Chile and the Australian floods is still not enough to bring a hard market into play. The report finds that there has been rate increases on Natural Catastrophe Excess of Loss of between 5 and 50 %, but the recent massive earthquakes in Japan and New Zealand’s South Island are not significant to push market-wide pricing up.…

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