Three Mile Island, a name that will live on in history
Philly.com
May 31--Three Mile Island, in the Susquehanna River, south of Harrisburg, was the site of the nation's worst accident involving a nuclear power station.
In late March 1979, five years after going into operation, the plant experienced a meltdown in one of its two units, TMI-2.
No deaths or injuries were caused by the partial meltdown, but the accident sparked widespread panic. The fears were fueled in part by the release earlier that March of the film China Syndrome, which was about a nuclear accident and starred Jane Fonda, Jack Lemmon, and Michael Douglas.
The film's title stems from the fanciful but unscientific prospect that a reactor's components could melt through the earth -- all the way to China.
Although the accident released radiation, follow-up studies found no increase in possibly related illnesses.
Still, insurance companies paid out about $15 million to settle personal-injury claims against General Public Utilities Corp., the plant's operator.
TMI-2 has been shut down since 1979, and its electrical generator was eventually moved to another facility.
The Inquirer won the 1980 Pulitzer Prize for local or spot news for its coverage of the accident.
Exelon, the current operator of the plant, said Tuesday it will close Three Mile Island in 2019 unless it gets a bailout from the state.
Hurricane Season Begins, Travel Insurance In Demand
NOYES Adds Veteran Financial Advisor to Its Wealth Management Team
Advisor News
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor NewsAnnuity News
- Athene CEO criticizes offshore reinsurance, risk-taking by competitors
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity NewsHealth/Employee Benefits News
- Researchers from National Health Insurance Service Detail New Studies and Findings in the Area of Stroke (The Effect of Regional Disparities In Access To Rehabilitation Services On Mortality Among Stroke Patients): Cerebrovascular Diseases and Conditions – Stroke
- Oscar Health Inc. (NYSE: OSCR) Draws the Stock Spotlight on Nov. 12
- Duet Raises $15M to Scale Nurse Practitioner-Owned Clinics, Filling Critical Primary Care Gap
- Sidecar Health Named a Finalist in the 2026 Fierce Innovation Awards
- Open enrollment set to begin Nov. 1
More Health/Employee Benefits NewsLife Insurance News
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
- New Jackson Study Finds the "Sandwich Generation" Squeeze Comes from More Than Two Sides and It’s Quietly Draining Retirement Savings
More Life Insurance News