Summary of Property Damage Experience and Loss Control Programs of the United States Department of Energy CY 1978

Download or read book Summary of Property Damage Experience and Loss Control Programs of the United States Department of Energy CY 1978 written by and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Calendar year 1978 was the first full year of operation of the Department of Energy. This report summarizes the fire and property damage experience of the Department and includes comparative and cumulative data for prior years for those former agencies that contributed the bulk of DOE facilities and property values. Property damage, from all causes, exceeded $17 million, of which fire losses accounted for nearly $13 million, or 74% of the total. Fire was also the leading cause of death in DOE operations. The fire loss ratio amounted to 2.76 cents/$100 of property values, a figure about equal to the best class of insured industrial properties. The loss ratio from all causes was 3.72 cents/$100, or well under the approximately 5 cents/$100 that is paid by the best class of industry for insurance. While the overall experience was good, the record suffers by comparison with the prior experience of the bulk of the facilities comprising DOE, and further analyses reveal a number of facilities and programs where considerable need for improvement is indicated. 10 figures, 11 tables.