ML030770779

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Nuclear Liability Insurance Endorsements, for North Anna Power Station Units 1 & 2 & Surry Power Station Units 1 & 2
ML030770779
Person / Time
Site: Surry, North Anna  Dominion icon.png
Issue date: 03/10/2003
From: Funderburk C
Virginia Electric & Power Co (VEPCO)
To:
Office of Nuclear Reactor Regulation
References
03-094
Download: ML030770779 (21)


Text

VIRGINIA ELECTRIC AND POWER CoMPANY RICHMoND, VIRGINIA 23261 March 10, 2003 Director of Nuclear Reactor Regulation Serial No.: 03-094 United States Nuclear Regulatory Commission NLOS/MM Washington, DC 20555-0001 Docket Nos.: 50-338/339 50-280/281 License Nos.: NPF-4/7 DPR-32/37 Gentlemen:

VIRGINIA ELECTRIC AND POWER COMPANY (DOMINION)

NORTH ANNA POWER STATION UNITS I & 2 SURRY POWER STATION UNITS I & 2 NUCLEAR LIABILITY INSURANCE ENDORSEMENTS Pursuant to 10 CFR 140.15, Virginia Electric and Power Company (Dominion) hereby submits certified copies of nuclear liability insurance endorsements for North Anna and Surry Power Stations.

A summary of these submittals is enclosed. No new commitments are intended by this letter. Ifyou have any questions concerning this information, please contact us.

Very truly yours, C. L. Funderburk, Director Nuclear Licensing and Operations Support Attachment

ýAooj

cc: U. S. Nuclear Regulatory Commission Region II Sam Nunn Atlanta Federal Center 61 Forsyth St., SW, Suite 23 T85 Atlanta, GA 30303-8931 U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington, DC 20555-0001 Mr. M. J. Morgan NRC Senior Resident Inspector North Anna Power Station Mr. R. A. Musser NRC Senior Resident Inspector Surry Power Station Mr. J. E. Reasor, Jr.

Old Dominion Electric Cooperative Innsbrook Corporate Center 4201 Dominion Blvd.

Suite 300 Glen Allen, VA 23060

-9*'

It ATTACHMENT Policy Description Policy Number(s) Endorsement Number(s)

North Anna Facility Form (ANI) NF-240 127,128,129,130 Secondary Financial (ANI) N-63 35,36 Secondary Financial (ANI) N-70 35,36 Master Worker (ANI) NW-610 8 Surry Facility Form (ANI) NF-186 158,159,160,161 Secondary Financial (ANI) N-27 33,34 Secondary Financial (ANI) N-28 33,34 Master Worker (ANI) NW-571 7

NUCLEAR ENERGY LIABILITY INSURANCE 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 "$200,000,000" stated in Condition 4 of this policy is amended to read "$300,000,000".

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 hereon. No insurance is afforded hereunder.

John L. Quattrocchi Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0240 (12:01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies ByJ ') ,ý r c- " President Endorsement No.: 127 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Endorsement No.123, entitled "LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT), is deleted and replaced with the following:

LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT)

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

1. the total aggregate liability of the companies shall be $300,000,000 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

$300,000,000, 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.

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 hereon. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0240 (12.01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the sub cribing compa . s By =g b President Endorsement No.: 128 Countersigned by A CERTIFIED COPY NE-84a (1/1/03)

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILITY ENDORSEMENT (After Prior Increase)

It is agreed that:

1. The limit of the companies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement(s) listed below is further amended to read $ 300,000,000 ; but in the event that any payments have heretofore been made by the companies for loss or expense covered by the policy, each of those limits of liability including the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
2. The increase in the limit of liability provided by this endorsement applies only with respect to obligations assumed or expenses incurred because of bodily injury, property damage, environmental damage or evacuation of the public caused, during the period from the effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
3. The original limit of liability stated in Item 4 of the declarations, the limit(s) of liability stated in the Increase of Limit of Liability Endorsement(s) listed below and the amended limit of liability 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 limits of liability, regardless of which limit of liability applies with respect to the bodily injury, property damage, environmental damage or evacuation of the public out of which such loss or expense arises.

Previous Increase of Limit of Liability Endorsement(s)

Endorsement No.(s): 17, 24, 65, 104 and 109 This is to certify that this Is a true copy of the onginal Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated hereon No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting, American Nuclear Insurers Effective Date of this Endorsement. January 1, 2003 To form a part of Policy No. NF -0240 (12.01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies

, President Endorsement No.: 129 Countersigned by °ý a 4 CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $850,745.00
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: $652,677.00 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 Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0240 (12:01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing coF1 nies By > KA~

President Endorsement No: 130 Countersigned by'ý ,

CERTIFIED COPY NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0063 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective January 1, 2003, Item 4. (a) of the certificate is amended to read as follows:

Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:

(1) Facility Form Policy:

Nuclear Energy Liability Insurance Association's Policy NF-0240 $300,000,000 (2) Master Worker Policy (Facility Worker Form):

Nuclear Energy Liability Insurance Association's Master Worker Policy NMWP-2 $300,000,000 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 Liability Policy (Secondary Financial Protection). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0063 (12:01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies ByPse

(ý7 President Endorsement No.: 35 Countersigned by NE-S-23 (1/1/03) CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $8,629.00 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 IOTECTION) NO INSURANCE IS AFFORDED BY THIS COPY.

JOHN L. QUATTROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0063 (12:01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: November 19, 2002 For the subscribing companies By President Endorsement No: 36 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0070 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective January 1, 2003, Item 4. (a) of the certificate is amended to read as follows:

Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:

(1) Facility Form Policy:

Nuclear Energy Liability Insurance Association's Policy NF-0240 $300,000,000 (2) Master Worker Policy (Facility Worker Form):

Nuclear Energy Liability Insurance Association's Master Worker Policy NMWP-2 $300,000,000 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 Liability Policy (Secondary Financial Protection). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0070 (12:01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies By President Endorsement No.: 35 Countersigned by NE-S-23 (1/1/03) CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $8,629.00 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. QUATrROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0070 (12:01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: November 19, 2002 For the subscribing companies By President Endorsement No: 36 Countersigned by '

CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMTUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $77,371.00
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: $59,250.00 This is to certify that this is a true copy of the onginal Endorsement having the endorsement number and being made part of the Certificate of Insurance beanng the number designated heron for insurance coverage under the Nuclear Energy Liability Policy (Facility Workers Form) No insurance is r ded hereunder.

John L. Quattrocchi Senior Vice President - Underwriting American Nuclear I surers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. NW -0610 (12.01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: November 21, 2002 For the subscribing o0 pýinies C,'/*" President Endorsement No: 8 Countersigned by ' "

CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE 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 "$200,000,000" stated in Condition 4 of this policy is amended to read "$300,000,000".

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 hereon. No insurance is afforded hereunder.

John L. Quattrocchi Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0186 (12:01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies By_,P C, " President Endorsement No.: 158 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Endorsement No.154, entitled "LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT), is deleted and replaced with the following:

LIMITATION OF COVERAGE FOR TERRORIST ACTS (ONE SHARED INDUSTRY AGGREGATE LIMIT)

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

1. the total aggregate liability of the companies shall be $300,000,000 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

$300,000,000, 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.

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 hereon. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0186 (12:01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subcribing compaPie~s By .:gcop President Endorsement No.: 159 Countersigned by CERTIFIED COPY NE-84a (1/1/03)

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILITY ENDORSEMENT (After Prior Increase)

It is agreed that:

1. The limit of the companies' liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement(s) listed below is further amended to read $ 300,000,000 ; but in the event that any payments have heretofore been made by the companies for loss or expense covered by the policy, each of those limits of liability including the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
2. The increase in the limit of liability provided by this endorsement applies only with respect to obligations assumed or expenses incurred because of bodily injury, property damage, environmental damage or evacuation of the public caused, during the period from the effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
3. The original limit of liability stated in Item 4 of the declarations, the limit(s) of liability stated in the Increase of Limit of Liability Endorsement(s) listed below and the amended limit of liability 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 limits of liability, regardless of which limit of liability applies with respect to the bodily injury, property damage, environmental damage or evacuation of the public out of which such loss or expense arises.

Previous Increase of Limit of Liability Endorsement(s)

Endorsement No.(s): 16, 30, 36, 47, 53, 91, 135 and 140 This is to certify that this is a true copy of the onginal Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as designated hereon. No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwrting, American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF -0186 (12.01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies

(_/ President Endorsement No.: 160 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMiUTM AND STANDARD PREMITTM ENDORSEMENT CALENDAR YEAR 2003

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $776,540.00
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: $595,693.00 This is to certify that this is a true copy of the onginal 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 Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Policy No. NF-0186 (12:01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: December 19, 2002 For the subscribing con*1pnies By President Endorsement No: 161 Countersigned byý_*

CERTIFIED COPY NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0027 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective January 1, 2003, Item 4. (a) of the certificate is amended to read as follows:

Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:

(1) Facility Form Policy:

Nuclear Energy Liability Insurance Association's Policy NF-0186 $300,000,000 (2) Master Worker Policy (Facility Worker Form):

Nuclear Energy Liability Insurance Association's Master Worker Policy NMWP-2 $300,000,000 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 Liability Policy (Secondary Financial Protection). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0027 (12:01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies By President Endorsement No.: 33 Countersigned by NE-S-23 (111/03) CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $8,629.00 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.QUAT'ROCCHI SENIOR VICE PRESIDENT - UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0027 (12:01 A.M. Standard Tune)

Issued To: Virginia Electric & Power Company Date of Issue: November 19, 2002 For the subscribing companies By _-"j

' 41 President Endorsement No: 34 Countersigned by "

CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0028 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective January 1, 2003, Item 4. (a) of the certificate is amended to read as follows:

Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:

(1) Facility Form Policy:

Nuclear Energy Liability Insurance Association's Policy NF-0186 $300,000,000 (2) Master Worker Policy (Facility Worker Form):

Nuclear Energy Liability Insurance Association's Master Worker Policy NMVWP-2 $300,000,000 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 Liability Policy (Secondary Financial Protection). No insurance is afforded hereunder.

John L. Quattrocchi, Senior Vice President, Underwriting American Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. N -0028 (12.01 A.M. Standard Time)

Issued to: Virginia Electric & Power Company Date of Issue: December 20, 2002 For the subscribing companies By cI " President Endorsement No.: 33 Countersigned by NE-S-23 (1/1/03) CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $8,629.00 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, 2003 To form a part of Certificate No. N -0028 (12:01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: November 19, 2002 For the subscribing companies By I.c-)1' President Endorsement No: 34 Countersigned by CERTIFIED COPY

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2003

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $77,371.00
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: $59,250.00 This is to certify that this is a true copy of the onginal Endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated heron for insurance coverage under the Nuclear Energy Liability Policy (Facility Workers Form). No insurance is rded hereunder.

John L. Quattrocchi, Senior Vice President - Underwriting Amencan Nuclear Insurers Effective Date of this Endorsement: January 1, 2003 To form a part of Certificate No. NW -0571 (12:01 A.M. Standard Time)

Issued To: Virginia Electric & Power Company Date of Issue: November 20, 2002 For the subscribing co p1 nies By President Endorsement No: 7 Countersigned byý S "

CERTIFIED COPY