News & Updates

COVID-19 Update for Fall NEIL Meetings

August 4, 2020

After careful consideration of the ongoing challenges associated with the coronavirus outbreak and our priority to ensure the safety of our Members, Staff, industry partners, and guests, we regretfully make the following announcements:

Fall IAC Meetings

The Fall IAC and IAC Executive Committee meetings scheduled for September 30 – October 1, 2020 in Charleston, SC are canceled as in-person meetings.  Instead, the meetings will be held via separate WebEx sessions over the course of the same days.  Additional details for the separate WebEx sessions, including dates and times, attendance instructions and meeting materials, will be sent to the respective participants in the near future.

2020 Risk & Insurance Workshop

The 2020 Risk & Insurance Workshop that was to be held on November 17-18 in Philadelphia is also canceled.  We will not be holding any virtual sessions as an alternative.  Rather, we are looking to host the next Risk & Insurance Workshop in 2021, on November 16-17 in Philadelphia, PA.  This was a difficult decision and understand that this may come as disappointing news, but under the current circumstances it is in everyone’s best interests.  Information regarding the 2021 Workshop will be sent out in the near future.

In addition, please note that after 2021, the Risk & Insurance Workshop will move from being an annual meeting to a biennial meeting.  More information about this change will be discussed at the upcoming IAC meetings. 

If you have any questions, please contact a member of your Service Delivery Team or your primary point of contact at NEIL.

Cancellation of August EAC and IAC Subcommittee In-Person Meetings 

June 11, 2020

It is with much regret that we announce the cancellation of NEIL’s August 4 – 6, 2020 EAC Summer Meetings and IAC Subcommittee Meetings as in-person meetings.  Instead the meetings scheduled for the EAC, the EAC Executive Committee and the EAC and IAC Subcommittees will be held via separate WebEx sessions over the course of the same days.

Additional details for the various WebEx sessions, including dates and times, attendance instructions and meeting materials, will be sent to the respective participants by the Loss Control and Underwriting Department liaisons shortly.

If you have any questions, please contact a member of your Service Delivery Team or your primary point of contact at NEIL.

NEIL Offices Status Update 

June 4, 2020

When NEIL began working remotely in mid-March, I do not think anyone could have foreseen the events that have unfolded and the magnitude of the impact we would experience in dealing with COVID-19.  Nearly everything we do is somewhat different than before, and likely will forever be changed to some degree. 

In early May, we announced that NEIL’s offices would remain closed, and staff would continue working remotely, until a reopening could be completed in an environment that was optimal from a safety perspective, but also allowed staff to perform in a manner that would be more effective and productive than what we have experienced in our remote work status.  I am proud of the level of productivity that continues to be achieved by NEIL staff, with strong Member engagement and support.  Over the last month we have seen continued high performance from Staff and the Members.  While the State of Delaware is beginning to slowly reopen socially and economically, we have made a decision that NEIL’s offices will remain closed, and we will maintain our remote working status, at least through September 7, 2020 (Labor Day Weekend in the United States).  NEIL Overseas staff also continues to work remotely and will maintain that status in accordance with the Irish and Dublin authorities.

Over the course of the next couple of months we will continue to monitor and evaluate the impact of the Coronavirus and its impact to NEIL’s operations and provide additional updates as warranted.

Until then, I have the utmost confidence in NEIL staff to continue working hard, supporting one another to maintain continuity of service to our Members, and taking the necessary precautions to remain safe and healthy so that when we are able to return to the office, we are well positioned to do so.

I also extend my sincere gratitude and appreciation to our Members and other industry partners for their continued support in interacting with NEIL in a remote fashion. 

If you have any questions regarding the status of NEIL’s operations, please contact a member of your Service Delivery Team or your primary point of contact at NEIL.

We hope everyone remains safe and healthy!

Bruce A. Sassi
President and CEO

NEIL Boiler & Machinery Workshop Update 

May 12, 2020

It is with great regret that we announce the cancellation of the NEIL Boiler & Machinery Workshop that was to be held June 30 – July 1, 2020. Given that our first priority is the safety of our Members and stakeholders; and with the present effects of the COVID-19 pandemic on site operations, the uncertainty regarding potential travel restrictions that will exist in late June and social distancing requirements; NEIL has decided this would be in everyone’s best interest. We understand that this may come as disappointing news; however, we believe this is the best course of action for all participants.

NEIL Offices Status Update 

May 1, 2020

When NEIL began its remote work status 45 days ago, I doubt many of us anticipated that we would be where we are today.  While the current social distancing and safety measures are all very different and more burdensome than our past experiences, it is a small price to pay in our collective efforts to assure the health and safety of everyone in our communities.  Nearly everything we do is somewhat different than before, and likely will forever be changed to some degree. 

As previously announced, our target date for reopening the NEIL Wilmington office has been May 18.  We chose this date to be consistent with the Delaware Governor’s State of Emergency Order.  However, when we assess our operations, the reality is NEIL Staff continues to perform very effectively in this remote status, with productivity, Member engagement and support remaining strong.

It is with this in mind and after careful consideration, NEIL’s offices will remain closed and Staff will continue to work remotely until such time we feel that a reopening can be done in an environment that that is optimal and allows NEIL staff to perform their jobs with greater effectiveness and productivity than what is currently achievable in a remote status.  We will make that announcement as soon as we are able to do so, with appropriate advance notice of our planned reopening date.

Until then, we will continue working hard, supporting one another in our efforts to maintain continuity in service to our Members, and take all the necessary precautions to remain safe and healthy so that when we are able to return to the office, we are well positioned to do so.

I would also be remiss not to extend my sincere gratitude and recognize our Members and other industry partners for their continued perseverance in interacting with NEIL in a remote fashion in support of the Mutual.

If you have any questions regarding this or any other matter, please contact a member of your Service Delivery Team or your primary point of contact at NEIL.

We hope everyone remains safe and healthy!

 

2020 Energy School Postponed

April 22, 2020

The 2020 Energy School that was scheduled for October 26-29 has been postponed to Spring 2021.

 

More information on the new dates will be communicated soon.

 

 

 

Update on NEIL Operations from Covid-19

April 13, 2020

Consistent with the emergency order timeline issued by Delaware Governor John Carney, requiring Delaware businesses to work remotely, NEIL’s office will remain closed and Staff will continue working remotely through Friday, May 15, 2020.

While the intent is to reopen our office on Monday, May 18, 2020, we anticipate implementing a staggered return to work protocol, meaning not all staff will be asked to return to the office at once. We will take into consideration individual circumstances, such as parents whose children are home because schools are closed, individuals who are at greater risk from Covid-19 and may not feel comfortable returning to the office, and those who are caregivers for others in their home who may be at greater risk from Covid-19. We will also issue specific guidance to ensure appropriate social distancing of Staff while at work and that anyone coming into the office is healthy and symptom free.

I am pleased with how effectively the organization is doing in working from home and proud of all of NEIL’s employees as we navigate these unprecedented times. We will continue to monitor developments and provide updates regarding NEIL’s operations as warranted, but if you have any questions regarding any matter, please contact a member of your Service Delivery Team or your primary point of contact at NEIL.

We hope everyone remains safe and healthy!

NEIL 2020 Annual Policyholder Meeting Canceled

April 7, 2020

NEIL regrets to announce the cancellation of NEIL’s June 10-12, 2020 Annual Policyholder Meeting. This was a difficult decision but after careful consideration of the ongoing challenges associated with the coronavirus outbreak and our priority to ensure the safety of our Members, Staff, industry partners, and guests, it is in everyone’s best interest.

We will be issuing guidance to the Members regarding the Annual General Meeting and separately communicating to the individuals scheduled to attend the Advisory Committee and Non-Core Working Group meetings to provide details regarding the status of those meetings.

We have also scheduled post-June Board Meeting Update WebEx sessions for Wednesday, June 17, 2020. Notice has been sent to Member stakeholders and materials to support the sessions will be sent in advance of them.

Our 2021 Annual Policyholder Meeting is scheduled for June 9-11, 2021 at the Wynn Las Vegas, following EEI’s annual conference. Additional details will be provided in the coming months.

 

 

NEIL Operations Update Regarding Coronavirus

March 24, 2020

Effective March 24, Delaware Governor John Carney has ordered that all non-essential businesses in Delaware be closed or work remotely through May 15.  While Insurance carriers such as NEIL are designated as essential businesses to which the Order does not apply, we have made the decision to extend the closure of NEIL’s office, and to continue having Staff work remotely, until Monday, April 27, 2020.  We are pleased with how Staff have adapted to a remote work status, maintaining continuity in critical operations and sustaining engagement and service to the Membership as we all work through this challenging period.

As you are aware, the disruption and volatility we are experiencing in the financial markets is of an unprecedented nature.  We have been actively engaged with the NEIL Board of Directors, and the Board Finance and Risk Committee, and have taken steps to mitigate further downside exposure in the markets, ensuring our ability to maintain surplus at a level consistent with our stated mission.  Rest assured that NEIL remains financially strong and well positioned to continue to serve its Members.

Core nuclear renewals are proceeding as planned, the Policyholder distribution of $700 million will be paid on Friday, March 27, and we continue to receive and support insurance renewals in our Member Conventional, non-core programs. 

Loss Control continues to monitor plant activities through interface with our Plant Contacts.  On-site Plant Evaluations will only be performed in the event of an emerging risk that cannot be dealt with remotely.  In the interim, in-office plant evaluations will be performed based on data submittals by the Members.

We will continue to monitor developments and keep you informed, but please reach out to a member of your Service Delivery Team, or your primary point of contact at NEIL, with any feedback, questions or concerns. 

On behalf of the entire NEIL Team we hope everyone remains safe and healthy!