ML020530206

Transmittal of Nuclear Liability Insurance Policy Documents in Support of Fpl'S 2002 Advance Premium Billlings for St. Lucie & Turkey Point

ML020530206
Person / Time
Site:	Saint Lucie, Turkey Point
Issue date:	01/18/2002
From:	Pickerl H Florida Power & Light Co, Marsh USA
To:	Dinitz I Office of Nuclear Reactor Regulation
References
Download: ML020530206 (11)

Text

Hanson D Pickerd Marsh USA Inc.

Managing Director 500 West Monroe Chicago, IL 60661-3630 312 627 6150 Fax: 312 627 6550 Hanson.D.Pickerl@marsh.com January 18, 2002 Mr. Ira Dinitz MARSH An AMC Company Insurance & Indemnity Policy Analyst U.S. Nuclear Regulatory Commission Mail Stop 12E4 Washington, D.C. 20555

Subject:

Florida Power & Light Company 2002 Nuclear Liability Advance Premiums

Dear Ira:

On behalf of FPL, I am enclosing the following nuclear liability insurance policy endorsements in support of FPL's 2002 advance premium billings:

Facility and coverage Policy No. Endorsement No.

St. Lucie Facility Form NF-227 129 & 130 Facility Worker Form NW-604 5 Secondary Financial Protection N-59 34 N-89 32 Turkey Point Facility Form NF-185 173 & 174 Facility Worker Form NW-570 7 Secondary Financial Protection N-25 34 N-26 34 Please call if you have any questions.

Regards, an~o. Pckerl Enc.

c: Ms. Ani Borgmeyer - Florida Power & Light Company 0(o, S:\dep\lltm-Larry Lund Team\Nuctear\Current Nuclear Clients\Florida Power & Light Company\2002\Correspondence\Advnrc2002.doc

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $514,286.00

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 Premium and the Reserve Premium is: $364,616.00 This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated

n. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President - Underwriting American Nudear Insurers Effective Date of this Endorsement: January 1, 2002 To form a part of Policy No. NF -0227 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: December 12, 2001 For the subscribing companies By C-/ (:I- President Endorsement No: 130 Countersigned by NE-36 CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT)

It is agreed that with respect to bodily injury, property damage or environmental damage caused by the nuclear energy hazard and arising out of a terrorist act:

1. the total aggregate liability of the companies shall be $200,000,000 regardless of (i) the number of terrorist acts affecting this or any other nuclear energy liability policy (Facility Form or Supplier's and Transporter's Form) or (ii) the number of nuclear energy liability policies (Facility Form or Supplier's and Transporter's Form) issued by the Nuclear Energy Liability Insurance Association under which coverage may be sought.

2. the limit of liability shown in Item 4 of the policy Declarations or as amended by endorsement to this policy is subject to the industry aggregate limitation described in paragraph 1 above.

3. the companies may, at their option, reinstate the one shared industry aggregate limit of $200,000,000, provided that any such reinstatement approved by the companies shall not exceed the balance in the Industry Credit Rating Plan reserve fund.

4. the term "terrorist act" as used herein means a violent or otherwise hostile act or an act dangerous to human life, tangible or intangible property or infrastructure by any person or group, whether acting alone or on behalf of any organization or government, which causes damage to property or injury to persons, or represents a threat thereof and appears to be intended to (i) intimidate or coerce a civilian population; or (ii) disrupt any segment of an economy; or (iii) influence the policy of a government by intimidation or coercion; or (iv) affect the conduct of a government by mass destruction, assassination, kidnapping or hostage-taking.

Effective Date of this Endorsement: January 1, 2002 To form a part of Policy No. NF -0227 (12:01 A.M. Standard Time)

Issued to: Florida Power & Light Company Date of Issue: December 17, 2001 For the subscribing companies This iSto certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the juctear yLiability Pv(Facility Form) !%&les- y ~ C~~~~

ignate here sr iseB President John L.Qu rochlSeniVicePres ledM*AndewiflQg American Nuclear Insurers Endorsement No.: 129 Countersigned by

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $46,200.00

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 Premium and the Reserve Premium is: $34,650.00 This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Uability Policy (Facility Workers Form). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President - Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2002 To form a part of Certificate No. NW -0604 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company, Florida Municipal Power Agency, and Orlando Utilities Commission of the City of Orlando Date of Issue: November 19, 2001 For the subscribing companies 49zn PBy

-Výd' President Endorsement No: 5 Countersigned by.

CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $7,500.00 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL I OTECTION). NO INSURANCE IS AFFORDED BY THIS COPY.

JOHN L. QUAT-ROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2002 To form a part of Certificate No. N -0059 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: November 19, 2001 For the subscribing companies By ( President

_ýý7 6f_ President Endorsement No: 34 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $7,500.00 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL

• TECTION). NO INSURANCE IS AFFORDED BY THIS COPY.

JOHN L. QUATTROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2002 To form a part of Certificate No. N -0089 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: November 19, 2001 For the subscribing companies By President CT President Endorsement No: 32 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $728,254.00

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 Premium and the Reserve Premium is: $528,925.00 This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President - Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2002 To form a part of Policy No. NF -0185 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: December 12, 2001 For the subscribing companies By t President Endorsement No: 174 Countersigned by NE-36 CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT)

It is agreed that with respect to bodily injury, property damage or environmental damage caused by the nuclear energy hazard and arising out of a terrorist act:

1. the total aggregate liability of the companies shall be $200,000,000 regardless of (i) the number of terrorist acts affecting this or any other nuclear energy liability policy (Facility Form or Supplier's and Transporter's Form) or (ii) the number of nuclear energy liability policies (Facility Form or Supplier's and Transporter's Form) issued by the Nuclear Energy Liability Insurance Association under which coverage may be sought.

2. the limit of liability shown in Item 4 of the policy Declarations or as amended by endorsement to this policy is subject to the industry aggregate limitation described in paragraph 1 above.

3. the companies may, at their option, reinstate the one shared industry aggregate limit of $200,000,000, provided that any such reinstatement approved by the companies shall not exceed the balance in the Industry Credit Rating Plan reserve fund.

4. the term "terrorist act" as used herein means a violent or otherwise hostile act or an act dangerous to human life, tangible or intangible property or infrastructure by any person or group, whether acting alone or on behalf of any organization or government, which causes damage to property or injury to persons, or represents a threat thereof and appears to be intended to (i) intimidate or coerce a civilian population; or (ii) disrupt any segment of an economy; or (iii) influence the policy of a government by intimidation or coercion; or (iv) affect the conduct of a government by mass destruction, assassination, kidnapping or hostage-taking.

Effective Date of this Endorsement: January 1, 2002 To form a part of Policy No. NF -0185 (12:01 A.M. Standard Time)

Issued to: Florida Power & Light Company Date of Issue: December 17, 2001 For the subscribing companies This is to certify that this is a true copy of the original.ng m part Endorsement having the endorsement number and ing made part of th Nuce r abilit icy(Fdes- By ignat her inPr de Amerncm NUCeW kiWuW Endorsement No.: 173 Countersigned by

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $46,200.00

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 Premium and the Reserve Premium is: $34,650.00 This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Uability Policy (Facility Workers Form). No insurance is afforded hereunder.

John L Quattrocchi, Senior Vice President - Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2002 To form a part of Certificate No. NW -0570 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: November 19, 2001 For the subscribing companies By President Endorsement No: 7 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $7,500.00 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL OTECTION). NO INSURANCE IS AFFORDED BY THIS COPY.

JOHN L. QUATTROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2002 To form a part of Certificate No. N -0025 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: November 19, 2001 For the subscribing companies By Presidn I

President Endorsement No: 34 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2002

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $7,500.00 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL OTECTION). NO INSURANCE IS AFFORDED BY THIS COPY.

JOHN L. QUATTROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2002 To form a part of Certificate No. N -0026 (12:01 A.M. Standard Time)

Issued To: Florida Power & Light Company Date of Issue: November 19, 2001 For the subscribing companies By -/ .. Preidet

(:ý-/ Cf President Endorsement No: 34 Countersigned by CERTIFIED COPY