ML20004B231
| ML20004B231 | |
| Person / Time | |
|---|---|
| Site: | Crane  |
| Issue date: | 05/01/1981 |
| From: | Marrone J AMERICAN NUCLEAR INSURERS |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| Shared Package | |
| ML20004B232 | List: |
| References | |
| NUDOCS 8105270426 | |
| Download: ML20004B231 (4) | |
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CFFKE CF THE GENERAL COLNSEL
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- eses swrone V<e Aescent and Generci Coursei BURT C.PROOM.CPCU Pres. dent May 1,1981 5
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Dear Mr. Dinitz:
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s Re: TMI Interim Settlement Agreement We have been informed that the questionnaires to claimants were mailed today so that we are able to send you a copy of the Settlement Agreement which has the Court's interim approval.
I have also enclosed a copy of the press release which the Court issued back on February 20, 1981.
I don't have an exact copy of the notice mailed to claimants today, but we will send you one as soon as A secure it.
Very truly yours,
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Joseph Marrone Vice President &
General Counsel JM/jr Enclosures c/c - J. Harward-w/o atts.
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PRESS RELE ASE - FOR DISTRIB UTION F EE P.U.A RY 20, 1981 Federal District Court Judge Sylvia H. Rambo ay announced MAR 2 1981 that she has preliminarily approved a settlement, signed February 20, 1981, in the TMI class action litigation. Under the tegofyggtle-ment, the insurance companies for the defendants will pay $20 million to cover economic loss claims and will pay S5 million to establish a Public Health Fund to be used for research and other public health activities related to TMI.
Plaintiffs included in this class litigation are individuals who lived, worked or operated a business, and businesses withiri 25 miles'of the TMI Unit 2 on or after March 28, 1979. The defendants are General Public Utilities Corp., Metropolitan Edison Company, Jersey Central Power & Light Co., Pennsylvania E'ectric Co., Babcock & Wilcox Company, J. Ray McDermott & Co., Inc., and Catalytic, Inc.
This class action lawsuit seeks to recover damages for economic harm caused by the accident, and also claims, on behalf of individuals, a right to receive t idical services to detect whether any health prob-lems resulted from the accident.
Within a few months, the signed stipulation and agreement of settlement will be filed and a detailed notice of the settlement will be sent to all persons and businesses vdthin 25 miles of TMI.
Additional publications of this notice will be made through various news.nedia.
The notice will explain hov individuals and businesses can be included or excluded from the settlement.
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Judge Rambo's preliminary approval means that she believes the settlement is reasonable and appropriate for consideration by the class members to whom the notice w!H be sent.
A full public hearing will be scheduled in the future to hear testimony as to whether final approval should be given.
If the settle..nent is finally approved, Judge Rambo will super-vise a claims administration process by which the funds in the Economic Loss Fund will be distributed to each person or business filing a properly validated claim.
The Pub'lle Health Fund will not be distributed to individuals but will be utilized for various public health purposes, including improve-ments in radiativ. monitoring, studies into possible health related ef-fects on the populadon surrounding TMI, public education programs concerning early detection of cancer, assistance in development of
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emergency evacuation plans in the area and general research into health effects of iow level radiation. The funding of programs estab-lished under this portion of the settlement will be subject to court approval.
l The settlement is funded by two pools of insurance companies i
known as American Nuclear Insurers and Mutual Atomic Energy Liability Underwriters, which provide insurance co compensate for.
certain damages in the event of nuclear power plant accidents under the federal Price Anderson Act.
The settlement of this litigation has no effect on the rights of individuals tc make claims for physical or mental injuries believed to 1
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have been suffered as a result of the TMI accident.
None of the classes permitted to proceed in this case included any individual claims for any physical or mental injuries that now exist or that might arise in the future.
Moreover, this settlement does not include the claims, if any, of governmental bodies, such as counties or munici-palities or the Commonwealth of Pennsylvania.
Pending final approval, the Court has requested all interested parties and their counsel not to comment on the settlement or the litigation except through materials Eled with the Court.
This press release is on SIe at the office of the Clerk of the Court, Ninth Floor, Federal Building, Third and Walnut Streets, Harrisburg, Pennsylvania.
Approved by:
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v Ung?ed States Distric't Judge Micdle District of Pennsylvania l
Dated:
February 20,1981
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