CY-17-004, ISFSI - Nuclear Liability Insurance Coverage

ISFSI - Nuclear Liability Insurance Coverage

ML17073A087
Person / Time
Site:	Haddam Neck  File:Connecticut Yankee Atomic Power Co icon.png
Issue date:	02/28/2017
From:	Pizzella C Connecticut Yankee Atomic Power Co
To:	Document Control Desk, Office of Nuclear Material Safety and Safeguards
References
CY-17-004
Download: ML17073A087 (9)

Text

CONNECTICUT YANKEE ATOM~C POWER COMPANY HADDAM NECK PLANT 362 INJUN HOLLOW ROAD

• EAST HAMPTON, CT 06424-3099 February 28, 2017 CY-17-004 IO CFR 140.15(e)

ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555 -0001 Connecticut Yankee Atomic Power Company Haddam Neck Plant Independent Spent Fuel Storage Installation NRC License No. DPR-61 (NRC Docket No. 50-213) 7 2.- 65 9 I'

Subject:

Nuclear Liability Insurance Coverage The purpose of this letter is to provide the NRC with proof of financial protection in the form of nuclear liability insurance for the Haddam Neck Plant in accordance with IO CFR 140.15(e).

Type of Coverage and Markets Limits Purchased Primary Nuclear Liability Insurance American Nuclear Insurers $100 Million Total $100 Million provides the pertinent endorsements effective January 1, 2017. It is forwarded to you in accordance with the requirements of 10 CFR 140 .15 (e).

If you should have any questions regarding this submittal, please contact me at (860) 267-6426.

Respectfully,

~\r_

Carla M. Pizzella Vice President, Chief Financial Officer & Treasurer

Attachment:

1. Nuclear Energy Liability Insurance, Nuclear Energy Liability Insurance Association, Advance Premium and Standard Premium Endorsements, Calendar Year 2017

Connecticut Yankee Atomic Power Company CY-17-004/February 28, 2017/Page 2 of2 cc: D. Dorman, NRC Region I Administrator R. Powell, Chief, Decommissioning Branch, NRC, Region I J. Goshen, NRC Project Manager

ATTACHMENT 1 TO CY-17-004 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENTS

• CALENDAR YEAR 2017

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCEPREMIUMANDSTANDARDPREMIUMENDORSEMENT CALENDAR YEAR2017

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $414,812.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $317,916.00 Effective Date of this Endorsement: January 1, 2017 To form a part of Policy No. NF -0151 (12:01 A.M. Standard Time)

Issued To: Connecticut Yankee Atomic Power Company For the subscribing companies Date of Issue: November 8, 2016

/) . n By ~". 'l'2President IW/,,..,.J 0-Endorsement No: 207 Countersigned by ~L ~

NE-36

NUCLFAR ENFRGY LIABILITY INSURANCF NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF CONDITION 4 It is agreed that with respect to bodily injury, property damage, environmental damage or evacuation of the public caused after the effective date of this endorsement by the nuclear energy hazard, the figure "$375,000,000" stated in Condition 4 of this policy is amended to read

"$450,000,000".

Effective Date of this Endorsement: January 1, 2017 To form a part of Policy No. NF -0151 (12:01 AM. Standard Time)

Issued to: Connecticut Yankee Atomic Power Company Date of Issue: December 5, 2016 For the subscribing comp{4s By ~ 0.

7~resident 1cvJ Endorsement No.: 206 Countersigned by ~..L,. ~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR2017

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $42,654.00

2. STAND ARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan,' the Standard Premium is said Advance Premuim and the Reserve Premium is: $32,664.00 Effective Date of this Endorsement: January 1, 2017 To form a part of Certificate No. NW -0552 (12:01 A.M. Standard Time)

Issued To: Connecticut Yankee Atomic Power Company Date of Issue: October 22, 2016 For the subscribing companies By ~- ';) Q,,,.r

{;T President Endorsement No: , 23 Countersigned by ~,,J. ~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2017

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $39,825.00

2. STAND ARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indic~ted above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $30,198.00 Effective Date of this Endorsement: January 1, 2017 To form a part of Policy No. NS -0565 (12:01 A.M. Standard Time)

Issued To: Connecticut Yankee Atomic Power Company Date of Issue: November 18, 2016 For the subscribing companies By ~- ?2 Q,.,.r 0 President

ndorsement No: 49 Count~rsigned by ~.L. ~

..JE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF CONDITION 4 It is agreed that with respect to bodily injury, property damage or environmental damage caused after the effective date of this endorsementbythenuclearenergyhazard, the figure "$375,000,000" stated in Condition 4 of this policy is ame~ded to read "$450,000,000".

Effective Date of this Endorsement: January 1, 2017 To form a part of Policy No. NS -0565 (12:01 A.M. Standard Time)

Issued to: Connecticut Yankee Atomic Power Company Date of Issue: December 5, 2016 For the subscribing companies By erf4,__ '\) QJ President Endorsement No.: 48 Countersigned by ,~.,,/,. ~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORY ENDORSEMENT INCREASE OF POLICY AGGREGATE LIMIT (Facility Worker Form)

1. The Policy Aggregate Limit stated in paragraph A.I. of Section VIII, AMOUNT OF INSURANCE AVAILABLE, as amended by Endorsement Nos. 7 & 18, is further amended to read $450 million.

• The increase in the Policy Aggregate Limit provided by this endorsement applies only with respect to obligations assumed and expenses incurred because of bodily injury under all workers' claims that qualify for coverage under this policy caused from the effective date of this endorsement to the date of termination or expiration of this policy.

2. The original Policy Aggregate Limit stated in paragraph A.I. of Section VIII, AMOUNT OF INSURANCE AVAILABLE, the amended Policy Aggregate Limit stated in Endorsement Nos. 7 & 18, and the amended Policy Aggregate Limit stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment each of those Policy Aggregate Limits, regardless of which Policy Aggregate Limit applies with respect to the bodily injury out of which such loss or expense arises.

3. In paragraph C.2. of Section VIII, AMOUNT OF INSURANCE AVAILABLE, the tenn

"$400 million", as amended by Endorsement Nos. 7 & 18, is further amended to read "$900 million".

Effective Date of this Endorsement: January 1, 2017 To form a part of Nuclear Energy (12:01 A.M. Standard Time) Liability Policy (Facility Worker Form) which is a Master Worker Policy in the custody of Nuclear Energy Liability Insurance Association Date of Issue: December 5, 2016 For the subscribing companies By f~. '!) Q,..r 0 President Endorsement No.: 29 Countersigned by ~d. ~

MWP~2-6 {1/1/17)

INSURED COPY