ML17335A527

Forwards Details Re Sources & Levels of Insurance Maintained for DC Cook,Units 1 & 2,as of 990401,per 10CFR50.54(w)(3). Info Was Delayed Beyond Required Date Due to Internal Oversight

ML17335A527
Person / Time
Site:	Cook
Issue date:	05/11/1999
From:	Powers R INDIANA MICHIGAN POWER CO.
To:	NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM)
References
AEP:NRC:0798P, AEP:NRC:798P, NUDOCS 9905190018
Download: ML17335A527 (7)

Text

CATEGORY REGULAT Y'NFORMATION DISTRIBUTIO SYSTEM (RIDS)

ACCESSION NBR:9905190018 DOC.DATE: 99/05/11 NOTARIZED: NO DOCKET FACIL:50-315 Donald C. Cook Nuclear Power Plant, Unit 1, Indiana M 05000315 50-316 Donald C. Cook Nuclear Power Plant, Unit 2, Indiana M 05000316 AUTH.NAME AUTHOR AFFILIATION .

POWERS,R.P. Indiana Michigan Power Co.

RECIP.NAME RECIPIENT AFFILIATION Records Management Branch (Document Control Desk)

SUBJECT:

Forwards details re sources 8 levels of insurance maintained for DC Cook, Units 1 &, 2,as of 990401,per 10CFR50.54(w)(3).

Info was delayed beyond recpxired date due to internal oversight.

DISTRIBUTION CODE: M001D COPIES RECEIVED:LTR ENCL SIZE:

TITLE: Insurance: 'Indemnity/Endorsement Agreements E NOTES:

RECIPIENT COPIES RECIPIENT COPIES ID CODE/NAME LTTR ENCL ID,CODE/NAME LTTR ENCL STANG, J 1 0 INTERNAL: E CENTER 01 1 1 EXTERNAL: NRC PDR 1 1 D

0 C,)

'E N

NOTE TO ALL "RIDS" RECIPIENTS:

PLEASE HELP US TO REDUCE WASTE.'TO HAVE YOUR NAME OR ORGANIZATION REMOVED FROM DISTRIBUTION OR REDUCE THE NUMBER OF COPIES RECEIVED BY YOU OR YOUR ORGANIZATION, CONTACT LISTS THE DOCUMENT CONTROL DESK (DCD) ON EXTENSION 415-2083 TOTAL NUMBER OF COPIES REQUIRED: LTTR 3 ENCL'

0 One Cook Rant Myon, MI491t6 616 465 5901 N

IMSIANA MCHIGQN PQWM May 11, 1999 AEP:NRC:0798P Docket Nos.: 50-315 50-316 U. S. Nuclear Regulatory Commission ATTN: Document Control Desk Hail Stop 0-Pl-17 Washington, D. C. 20555-0001 Donald C. Cook Nuclear Plant Units 1 and 2 ANNUAL REPORT OF PROPERTY INSURANCE Gentlemen:

In accordance with 10 CFR 50.54(w)(3), the attachment to this letter details the sources and levels of insurance maintained for Donald C. Cook Nuclear Plant units 1 and 2, as of April 1, 1999.

Transmittal of this submittal was delayed beyond the required date due to an internal oversight. Actions are being taken to improve the Regulatory Affairs work control process to address this oversight.

R. P. Powers Vice President

/dms Attachment A. C. Bakken, w/attachment J. E. Dyer, w/attachment MDEQ DW & RPD NRC Resident Inspector Rich Whale 9'P05i900i8 9'at05i PDR ADQCK 050003i5 i

PDR j AEP: ~l>>tericn's Enemy Iarlner

0 la ATTACHMENT TO AEP:NRC:0798P ANNUAL REPORT OF PROPERTY INSURANCE DONALD C. COOK NUCLEAR PLANT

Attachment to AEP:NRC:0798P Page 1 As required by 10 CFR 50.54(w)(3), all insurance coverage described herein is first dedicated to cover decontamination expenses at the site. Any residual funds under the policies described herein may be available for physical damage losses to the plant in an amount up to $ 3,001,500,000. Where losses exceed

$ 500,000,000, the insurers then would indemnify for shortfalls in decommissioning trust funds, which is a result of loss and for property damage less any amounts used for stabilization and decontamination.

The coverage provided on Donald C. Cook Nuclear Plant for "All Risk" PROPERTY DAMAGE, , DECONTAMINATION LIABILITY, and DECOMMISSIONING LIABILITY COVERAGE IN THE AMOUNT OF

$ 3,001,500,000, subject to a deductible of $ 1,000,000 per occurrence, are as follows:

-$ 1,500,000 Portion of the first $ 501,500,000 under Energy Insurance (Bermuda) LTD Policy No. P03-99-01.

-$ 500,000,000 Portion of the first $ 501,500,000 under Nuclear Electric Insurance", Limited (NEIL Primary) Policy No. P98-047.

-$ 2,250,000,000 as 100% of loss in excess of $ 501,500,000 under Nuclear Electric Insurance, Limited (NEIL II) Policy No. X98-019.

-$ 250, 000,000 as 100% of loss in excess of $ 2,751,500,000 under Nuclear Electric Insurance Limited Policy No. JX98-019.

t 1 ~ ~