Fukushima Daiichi power plant's Unit 1 is seen in Okumamachi, Fukushima prefecture, Japan, Friday, March 11, 2011. The nuclear power plant affected by a massive earthquake is facing a possible meltdown, an official with Japan's nuclear safety commission said Saturday. (AP Photo/The Yomiuri Shimbun, Yasushi Kanno)

NU Online News Service, March 14, 3:05 p.m. EST

The private insurance market is likely not heavily exposed to damage at nuclear reactors in Japan resulting from the 9.0 magnitude earthquake and subsequent tsunami.

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