A power plant, Shippingport, was eventually constructed, but electric utility executives expressed concerns about limited size of liability coverage offered by the insurance market ($60 million). A nuclear accident of privately held nuclear power appeared to be an impossible barrier since the possible magnitude of claims could bankrupt any electric utility held responsible. Nor could an insurance company offer insurance policies with limits beyond its own resources to pay. Because of these difficulties, it looked like it would be extremely unlikely that electric utilities would want to enter the nuclear power industry.