ML17335A527

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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  American Electric Power icon.png
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 FACIL:50-315 Donald C.

Cook Nuclear Power Plant, Unit 1, Indiana M

50-316 Donald C.

Cook Nuclear Power Plant, Unit 2, Indiana M

AUTH.NAME AUTHOR AFFILIATION.

POWERS,R.P.

Indiana Michigan Power Co.

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

DOCKET 05000315 05000316

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 NOTES:

E RECIPIENT ID CODE/NAME STANG, J COPIES LTTR ENCL 1

0 RECIPIENT ID,CODE/NAME COPIES LTTR ENCL INTERNAL:

E CENTER 01 EXTERNAL: NRC PDR 1

1 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 LISTS OR REDUCE THE NUMBER OF COPIES RECEIVED BY YOU OR YOUR ORGANIZATION, CONTACT 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 Gentlemen:

Donald C.

Cook Nuclear Plant Units 1 and 2

ANNUAL REPORT OF PROPERTY INSURANCE 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'at05ii PDR ADQCK 050003i5 PDR j

AEP: ~l>>tericn's Enemy Iarlner

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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.

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