Tokyo Power set to pay for Fukushima nuclear disaster

Tokyo Electric Power Company (TEPCO), Asia’s largest utility company, has started making compensation payments to the residents who had to be evacuated from around the Fukushima nuclear plant after the disaster in March. Now, they may end up paying a lot more according to Japan’s Chief Cabinet Secretary. The Japanese government has decided that they will not put a limit on the amount of compensation payments that TEPCO must make to residents and the local government. Japan’s government officials could have granted the company an “exemption” from being liable for…

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State Farm boosts insurance agent t...
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Nuclear plant shut down in Alabama causes many to question safety

The outbreak of tornado’s and severe weather Wednesday caused massive damage across the southeastern United States. With a death toll of just over 200, almost three-quarters of those were in Alabama. The storms were so bad that the Browns Ferry nuclear plant had to shut down three reactors due to a power outage. The Browns Ferry nuclear plant in northern Alabama is owned by Tennessee Valley Authority (TVA). It was the first plant the TVA built and at that time (1974) it was the world’s largest nuclear plant. The Browns…

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