ML17342B073
| ML17342B073 | |
| Person / Time | |
|---|---|
| Site: | Saint Lucie, Turkey Point, 05000000 |
| Issue date: | 01/07/1988 |
| From: | Pickerl H MARSH & MCLENNAN, INC. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8801140119 | |
| Download: ML17342B073 (50) | |
Text
REGULA, Y INFORMATION DISTRIBUTI, ISYSTEM (RIDS)
DOCKET 0 05000000 05000250 05000335
SUBJECT:
Forwards NELIA Endorsements including 69 5 70 to Policy NF 227> 87 to Policy NF-185 8c 9 to Certificates N-59> N-26 Zc N-25 5 Endorsement 7 to Certificate N-89. MAELU Endorsements 56 8c 57 to Policy MF-88 4 73 5 74 to Policy MF-55.
DISTRIBUTION CODE:
NOOID COPIES RECEIVED:LTR f ENCL Q SIZE:
TITLE: Insurance:
Indemnity/Endorsement Agreements NOTES:
ACCESSION NBR: 8801140119 DOC. DATE: 88/01/07 NOTARIZED:
NO FACIL: 50-000 Generic Docket 50-250 Turkey Point Plant>
Unit 3> Florida Poeer and Light C
50-335 St.
Lucie Plant>
Unit 1> Florida Power 5 Light Co.
AUTH. NAME AUTHOR AFFILIATION PICKERL> H. D.
Marsh 5 McLennan>
Inc.
RECIP. NAME RECIPIENT AFFILIATION DINITZ> I.
Office of-Nuclear Reactor Regulation>
Director (Post 870411 RECIPIENT ID CODE/MANE INTERNAL: NRR/PMAS/PTSB EXTERNAL:
LPDR COPIES LTTR ENCL 1
1 2
2 REC IP IENT ID CODE/NAME 01 NRC PDR COPIES LTTR ENCL 1
1 1
TOTAL NUMBER OF COPIES REGU 1 RED:
LTTR 5
ENCL 5
I P
h
M gi M Nuclear Consultants 222 South Riverside Plaza Chicago, Illinois60606 Telephone 312 648-6000 January 7,
1988 Mr. Ira Dinitz Director Office of Nuclear Reactor Regulation Mail Stop 128 U.S. Nuclear Regulatory Commission Washington, D.C.
20555 RE:
Dear Ira:
FLORIDA POWER
& LIGHT COMPANY 1988 NUCLEAR LIABILITYINSURANCE On behalf of Florida Power
& Light Company, I
am enclosing certified copies of the following nuclear liability insur-ance pol i cy endorsements:
~Facilit St.
Lucie Pol i c No ~
NF-227 MF"88 N-59
& 89 M-59 & 89 Endorsement No.
"69, 70 56, 57 9
9 Turkey Point NF-185 MF-55 N-25
& 26 M"25 & 26 86, 87 73, 74 9
9 If you have any questions, please feel free to call.
Very truly yours Hanson D. Pickerl Assistant Vice President M&M Nuclear Consultants HDP/sp Enc.
cc:
Mr. S.
Reynolds Florida Power
& Light Company Mr.
W. A. Wegener -
M&M Chicago 8801140119 8
PDR QQQCK 0 pDR~
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Nuclear Energy LiabilityInsurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION AMENDMENT OF COVERAGE ENDORSEMENT FOR WORKERS CLAIMS (Facility Form)
PREAMBLE 1.
The insurance and rating plan presently used by Nuclear Energy Liability Insurance Association
("NELIA") and Mutual Atomic Energy Liability Underwriters
("MAELU") do not make a distinction between workers claims arising from catastrophic events and those arising from lesser events; 2.
NELIA and MAELU believe that the lack of such a distinc-tion will adversely affect their ability to continue to attract from world markets very large amounts of nuclear energy liability insurance for the nuclear industry; 3
~
NELIA and MAELU want to avoid this potential loss of capacity and to continue to provide nuclear energy lia-bility insurance for workeis claims.
Accordingly NELIA and MAELU desire to restructure their present insurance
- programs, including this policy, effective January 1,
1988.
- NOW, THEREFORE, the Named Insured and the companies do hereby agree as follows:
1.
DEFINITIONS When used in reference to this endorsement:
"this policy" means the policy of which this endorsement forms a part; "nuclear related employment" means all work performed at one or more than one nuclear facility in the United States of America or in connection with the transporta-tion of nuclear material to or from any such facility.
All of a worker's nuclear related employment shall be considered as having begun on the first day of such employment, regardless of the number of 'employers in-volved or interruptions in such employment; "worker" refers to a person who is or was engaged in nuclear related employment; NE-64 (1/1/88)
Page 1
'P
"workers claims" means claims for damages because of bodily injury to a
worker caused by the radioactive, toxic, explosive or other hazardous properties of nuc-lear material and arising out of or in the course of the worker's nuclear related employment; "extraordinary nuclear occurrence" means an event which the United States Nuclear Regul'atory Commission has determined to be an "extraordinary nuclear occurrence" as defined in the Atomic Energy Act of 1954, or in any law amendatory thereof.
2.
APPLICATION OF THIS ENDORSEMENT This'ndorsement applies only to such insurance as is afforded by this policy for workers claims which do not arise in whole or in part out of an extraordinary nuclear occurrence.
3.
EXCLUSION OF NEW WORKERS CLAIMS This policy does not apply to bodily injury to a worker which arises in whole or in part out of nuclear related employment that begins on or after January 1,
1988.
4.
APPLICATION OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With respect to such insurance as is afforded by this policy for workers claims which are not
- excluded, Insuring Agreement IV does not apply and the following Insuring Agreement IV-A does apply:
IV-A APPLICATION OF POLICY TO WORKERS CLAIMS This policy applies only to bodily injury (1) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which written claim is made against the insured not later than the close
.of December 31, 1997.
5.
AVAILABILITYOF SUPPLEMENTAL INSURANCE NELIA and MAELU are offering to make insurance under one or more Master Worker Policies available to all holders of Nuclear Energy Liability Policies (Facility Form).
THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM POLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY NELIA OR, MAELU AS THEY DEEM NECESSARY OR APPROPRIATE.
The Master Worker Policies will provide, under their separate terms and conditions, coverage for new workers claims.
Premiums will be subject to a separate Industry Retrospective Rating Plan.
NE-,64
( 1/1/88)
Page 2
gI
Page 3
COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC-A WRITTEN REQUEST MUST BE SUBMITTED TO NELIA OR MAELU THROUGH REGULAR MARKET CHANNELS.
It is understood and agreed that all of the provisions of this endorsement shall remain in full force and effect without regard to this Section 5,
and without,regard to whether or not the Named Insureds become insureds under the Master Worker Policies, or whether or not NELIA or MAELU terminate such policies or withdraw or modify their offer to underwrite such policies.
Executed for the companies Date /
By (Signa u e of Authorized Officer)
John L.
uattrocchi Vice Presiden i b erwriting (Print or Type Name and Title of Officer)
Executed for the Named Insured Florida Power a Li ht Com an (Named Insured Print or Type)
Date Nov.
25 1987 By (Signature of Authorized Officer),
David K. Baldwin Grou Vi'ce President.
(Print or Type Name and Title of Officer) i the oriana) rt is to certify t num <<
'-- that this is a true copy b
nd beins made p gl'Ls t e endorsemen, P
) as des Pndorsement L;abilityPolicy ("
ii y
, h nuclear Energy a ".ereunder.
hereon. No insu nc
~ bg.ty U erutn u8 John L.
t~chl,vlcepm e
Punencan uclear lnsurers Effective Date of this Endorsement 12r01 A.M. Standard Time
" ~NF.
Issued to Florida P wer
& Li ht Com a
Date of Issue October 19 1987 Endorsement No 69 NE-64 (l/l/88)
For the subscribing companies fi B
'General Manager Countersigned by t-q:tkA.-
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N LEAR ENERGY LIABILITY INSURAii~E NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ADVANCEPREMIUM AND STANDARD PREMIUM CALENDAR YEAR 1988 ENDORSEMENT 1.
ADVANCE PREMIUM:
lt is agreed that the Advance Premium due the companies for the period designated above is:
704 159.00 2.
STANDARD'REMIUM 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:
8 532 836.00 Effective Date of This Endorsement January 1, 1988 his ts a true copy ot the ongtna b
dbe d part the endorsemen num er a Endorsement having th er a LiabilityPoBc~
aci I y h
d ign, ted hereon. bio I. ur John Quattrocchi, ice o
resident-LiabiEty Underwriting American Nuclear Insurers To form a part of Policy No, Issued to Date of Issue 12:01 A.M. Standard Time December 15, 1987 For the s
cribing corn anies Endorsement No.
70 Countersigned by General Manager
t "f
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Nuclear Energy LiabilityInsurance MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS AMENDMENT OF COVERAGE ENDORSEMENT FOR, WORKERS CLAIMS (Facility Form)
PREAMBLE 1.
The insurance and rating plan presently used by Mutual Atomic Energy Liability Underwriters
("MAELU") and Nuclear Energy Liability Insurance Association
("NELIA")
do not make a distinction between workers claims arising from catastrophic events and those arising from lesser events; 2.
MAELU and NELIA believe that the lack of such a dis-tinction will adversely affect their ability to continue to attract from world markets very large amounts of nuclear energy liability insurance for the nuclear
'ndustry; 3.
MAELU and NELIA want to avoid this potential loss of capacity and to continue to provide nuclear energy lia-bility insurance for workers claims.
Accordingly MAELU and NELIA desire to restructure their present insurance
- programs, including this policy, effective January 1,
1988.
- NOW, THEREFORE, the Named Insured and the companies do hereby agree as follows:
1.
DEFINITIONS When used in reference to this endorsement:
, "this policy" means the policy of which this endorsement forms a part;,
>>nuclear related employment" means all work performed at one or more than one nuclear facility,in the United States of America or in connection with the'ransporta-tion of nuclear material to or from any such facility.
All of a worker's nuclear related employment,shall be considered as having begun on the first day of such employment, regardless of the number of employers involved or interruptions in such employment; "worker" refers to a person who is or was engaged in nuclear related employment; ME-64 (1/1/88)
Page 1
a ~
>>workers claims" means claims for damages because of bodily injury to a
worker caused by the radioactive, toxic, explosive or other hazardous properties of nuc-lear material and arising out of or in the course of the worker',s nuclear related employment; "extraordinary nuclear occurrence" means an event which the United States Nuclear Regulatory Commission has determined to be an'extraordinary nuclear occurrence" as defined in the Atomic Energy Act of 1954, or in any law amendatory thereof.
2.
APPLICATION OF THIS ENDORSEMENT This endorsement, applies only to such insurance as is afforded by this policy for workers claims which do not arise in whole or in part out of an extraordinary nuclear occurrence.
3.
EXCLUSION OF NEW WORKERS CLAIMS This policy does not apply to bodily injury to a worker which arises in whole or in part out of nuclear related employment that begins on or after January 1,
1988.
4.
APPLICATION OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With respect to such 'nsurance as is afforded by this policy for workers claims which are not
- excluded, Insuring Agreement IV does not apply and the following Insuring Agreement IV-A does apply:,
IV-A APPLICATION OF POLICY TO WORKERS CLAIMS This policy applies only to bodily injury (1) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which writte'n claim is made against thh insured not later than the close of December 31, 1997.
5.
AVAILABILITYOF SUPPLEMENTAL INSURANCE MAELU and NELIA are offering to make insurance under one or more Master Worker Policies available to all holder's of Nuclear Energy Liability Policies (Facility Form).
THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM POLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY MAELU OR NELIA AS THEY DEEM NECESSARY OR APPROPRIATE.
The Master Worker Policies will provide, under their separate terms and conditions, coverage for new workers claims.
Premiums will be subject to a separate Industry Retrospective Rating Plan.
ME-64 (1/1/88)
Page 2
r J
V 1
t C
Page 3
COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC-A WRITTEN REQUEST MUST BE SUBMITTED TO MAELU OR NELIA THROUGH REGULAR MARKET CHANNELS.
It is understood and agreed that all of the provisions of this endorsement shall remain in full force and effect without regard to this Section 5, and'ithout regard to whether or not the Named Insureds become insureds under the Master Worker Policies,
'or whether or not MAELU or NELIA terminate such policies or withdraw or modify their offer to underwrite such policies.
Executed for the companies Date By (Signature o
Authori ed Officer)
John L. guattrocchi, Vice President-Liability Underwriting (Print or Type Name and Title of Officer)
Executed for the Named Insured Date Nov.
25 l987 By John Effective Date of Ame this Endorsement Januar 1,
1988 12:Ol A.M. Standard Time Issued to Florida Power
& Li ht Com an Florida ower 6 Li ht Com a (Named Insured Print or Type)
(Signature, of Authorized Officer)
David K. Baldwin Grou Vic P
(Print or Type Name and Title of Officer)
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 LiabilityPolicy (F ilityForm) as des-ignat hereon. No Ins rance 'ford hereunder.
e
~
L.
attrocchi, Vice reeident Uab9ity rican uclear Inaurers Date of Issue October 19, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY ERWRITERS Endorsement No.
ME-64 (1/1/88)
By Countersigned by I-i.t-Ct,.s v !. t ~c.a~'.)
Authorized Representative
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N EAR ENERGY LIABILITYINSUR~, CE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS ADVANCEPREMIUM AND STANDARD PREMIUM CALENDARYEAR 1988 ENDORSEMENT 1.
ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the'eriod designated above is:
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:
8 154,694.00
!I 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 LiabilityPolicy (
cilityForm) as des-ignai ~d hereon. No Insurance is afforr i d hereunder.
John 'nnt~lr<cc i, Vicerrnii ent Unni!n
.t cot!inn Amer'ca Nuclear Insurers Effective Data of This Endorsement Issued to Date of Issue January 1, 1988 12:01 A.M. Standard Time er and Li ht Com an December 15, 1987, To form a part of Policy No.
For the subscribing companies MUTUALATOMICENERGY LIABILITYUNDERWRITERS Endorsement No.
Countersigned by Authorized Representative
lg
NUCLEAR ENERGY LIABILITYINSURANCE MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 1,688.00 lS lS A TRUE l'A)PY % THE ORlG1NAL NUMBER ~>>VZl ~ ~'~ternl
<<OR GER lFtCATE REARlNQ THE NUMR "lNSURAN."ECOVERAGEUN LlNlLlTYlNSURANCE S lNSURhNCE lS Al'FORO 0 8
~ ~
~
JOHN L. OUATTROCC R lNSURERS AMERICN NUGLEA e
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~j gyral
> '4iws Effective Date of this Endorsement
'anuar 1
1988 Issued to Florida power
& Li ht Company Date of Issue December 15, 1987 To form a part of Gertificate No.
For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITYUND WRITERS Endorsement No.
By Countersigned by Authorized Representative
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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 5,813.00 THIS IS TO CERTIFY T(AT, THIS..IS, A TRUE,COPY..OF, THE ORIGINAL CERTIFICATE; BEARING'WENUhhBER DESIGtkATEO,IIEREON, FOR IIISURANCECOVERAGE UNDER THE MASTER OLICQ'-NUCLEAREtlERQ'f LIABILI Y INSURANCE (SECONDARY FINAL AL PROTECTIOtl1.
NQ INSURA El D
DE T
JOHN L.
WTTROCGHI VICE PRESIOENT-LIABILITYUNDERWRITING AivIL'RICANNUCLEAR INSUR[RS Effective Date of this Endorsement January 1,
1988 12:01 A.M. Standard Time To form a part of Certificate No N-59
'Issued to Florida Power
& Li ht Com an Date of Issue December 15, 1987 By General Manager For the Sub ribing companies
( /.
,/VvX-m M-z-Endorsement No Countersigned by
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Nuclear Energy LiabilityInsurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 5,813.00 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 P LICY-NUCLEAR ENERGY'IABII.IT'i INSURANCE (SECONDARY FINAN L PROTECTION),
NO INSURAiV ": IS EO T
JOHN L, TTROCCHI VICE PRESIOENT-L!ABILITYUNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement January 1,
1988 12:01 A.M. Standard Time To form a part of Certificate No N-89 Issued to Florida Power 8i Light Company Date of Issue December 15, 1987 For the Subscribing companies
,Yj By General Manager Endorsement iVo Countersigned by
q* I
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s ~ p E
P I
NUCLEAR ENERGY LIABILITYINSURANCE MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
1,688.00 THIS IS TO CERTIFY THATTHIS IS UE CO Y OF THE ORIG!iVAK INS'RANCE COVEAA(lEUNOEA 7 I.!ABILITYINSUINNCE tS CO%0/
~
oÃoA A'cCML PAOTEC TION.
ADED
'Y THIS COPY,
). NO JOHN l.. QUATTAOCCHI YICE PAESIOENT-I.IABIUTY gp AQERICAI< NUCQAPi INSUAEAS Effective Date of this Endorsement
'anuar 1
1988 Issued to Florida Power 8 Light Company Date of Issue December 15, 1987 M-89 To form a part of Qertlficate No.
For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITYUND RMRITERS Endorsement No.
By Countersigned by Authorized Representative
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t Nuclear Energy LiabilityInsurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION AMENDMENT OF COVERAGE ENDORSEMENT FOR WORKERS CLAIMS (Facility Form)
PREAMBLE 1.'he insurance and rating plan presently used by Nuclear Energy Liability Insurance Association
("NELIA") and Mutual Atomic Energy Liability Underwriters
("MAELU") do not make a distinction between workers claims arising from catastrophic events and those arising from lesser events; 2.
NELIA and MAELU believe that the lack of such a distinc-tion will adversely affect their ability to continue to attract from world markets very'3.arge amounts of nuclear energy liability insurance for the nuclear industry; 3.
NELIA and MAELU want to avoid this potential loss of capacity and to continue to provide nuclear energy lia-bility insurance for workers claims.
Accordingly NELIA and MAELU desire to restructure their present insurance
- programs, including this policy, effective January 1,
1988.
- NOW, THEREFORE, the Named Insured and the companies do hereby agree as follows:
1.
DEFINITIONS When used in reference to this endorsement:
"this policy" means the policy of which this endorsement forms a part; "nuclear related employment" means all work performed at one or more than one nuclear facility in the United States of America or in connection with the transporta-tion of nuclear material.to or from any such facility.
All of a worker '
nuclear related employment shall be considered as having begun on the first day of such employment, regardless of the number of employers in-volved or interruptions in such employment; "worker" refers to a person who is or was engaged in nuclear related employment; NE-64 (1/1/88)
Page 1
"workers claims" means claims for damages because of bodily injury to a
worker caused by the radioactive, toxic, explosive or other hazardous properties of nuc-lear material and arising out of or in the course of the worker's nuclear related employment; "extraordinary nuclear occurrence" means an event which the United States Nuclear Regulatory Commission has determined to be an "extraordinary nuclear occurrence"'s defined in the Atomic Energy Act of 1954, or in any law amendatory thereof.
2.
APPLICATION OF THIS ENDORSEMENT This endorsement applies only to such insurance as is afforded by this policy for workers claims which do not arise in whole or in part out of an extraordinary nuclear occurrence.
3.
EXCLUSION OF NEW WORKERS CLAIMS This policy does not apply to bodily injury to a worker which arises in whole or in part out of nuclear related employment that begins on or after January 1,
1988.
4.
APPLICATION OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With respect to such insurance as is afforded by this policy for workers claims which are not
- excluded, Insuring Agreement IV does not apply and the following Insuring Agreement IV-A does apply:
IV-A APPLICATION OF POLICY TO WORKERS CLAIMS This policy applies only to bodily injury (1) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which written claim is made against the insured not later than the close of December 31, 1997.
5.
AVAILABILITYOF SUPPLEMENTAL INSURANCE NELIA and MAELU are offering to make insurance under one or more Master Worker Policies available to all holders of Nuclear Energy Liability Policies (Facility Form).
THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM POLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY NELIA OR MAELU AS THEY DEEM NECESSARY OR APPROPRIATE.
The Master Worker Policies will provide, under their separate terms and conditions, coverage for new workers claims.
Premiums will be subject to a separate Industry Retrospective Rating Plan.
NE-64 (1/1/88)
Page 2
I V
Page 3
COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC. 'A WRITTEN,REQUEST MUST BE SUBMITTED TO NELIA OR MAELU THROUGH REGULAR MAIWET CHANNELS.
It is understood and agreed that all of the provisions of this endorsement shall remain in full force and effect without regard to this Section 5,
and without regard to whether or not the Named Insureds become insureds under the Master Worker Policies, or whether or not NELIA or MAELU terminate such policies or withdraw or modify their offer to underwrite such. policies.
Executed for the corn anies Date /'y (Signa r
of Authorized Officer)
John L. Ouattrocchi, Vice President-Liability Underwriting (Print or Type Name and Title of Officer)
Executed for the Named Insured Florida Power a Li ht Com an (Named Insured Print or Type)
Date Nov.25, l987 By (Signature of Authorized Officer)
David K. Baldwin Grou V'Printor Type Name and Title of Officer)
This is to certify that this is a true copy o db 'epart E d nt having the endorsement number and being m e pa l
Form) as des of the Nuclear Energy LiabilityPolicy {F 'ty ignate hereon. No Insu ance is afford hereunder.
John L.
~tttocchi, Vice esident.LIabiiiity American udear Insurers Effective Date of this Endorsement 12tol A.M. Standard Time To form a part of Policy No NF-185 Issued to Florida Power 8 Li ht Com a Date of Issue October 19 1987 For the subscribing companies Endorsement No NE-64 (1/1/88) 86 By
'General Manager j
Countersigned by t+tg t C. tI
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'LEAR ENERGY LIABILITY INSURA CE NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ADVANCEPREMIUM AND STANDARD PREMIUM CALENDARYEAR 1988 ENDORSEMENT 1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
8 1 114 874.00 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:
844,979.00 This is to certify that this is a true copy of the original Endorsernent having the endorsernent nu bar and being made part of the Nuclear Energy LiabilityPolicy (F.-
. 'ty Form) as des-ignatea 'tereon. No Insu. nc under.
'I~ 0 John L. t". trocchi, +ice Preside>t LhbilityUnderzrriJrg American Nuclear Inaurers Effective Date of This Endorsement JanuarY 1, 1988 12:01 A.M. Standard Time Florida Power 8 Li ht Com an Date of Issue December 15, 1987 To form a part of Policy No, "F-185 For the s cribing corn anies General Manager Endorsement No.
Countersigned by
sP'+
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Nuclear Energy LiabilityInsurance MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS AMENDMENT OF COVERAGE ENDORSEMENT FOR WORKERS CLAIMS (Facility Form)
PREAMBLE 1.
The insurance and rating plan presently used by Mutual Atomic Energy Liability Underwriters
("MAELU") and Nuclear Energy Liability Insurance Association
("NELIA")
do not make a distinction between workers claims arising from catastrophic events and those arising from lesser events; 2.
MAELU and NELIA believe that the lack of such a dis-tinction will adversely affect their ability to continue to attract from world markets very large amounts of nuclear energy liability insurance for the nuclear industry; 3.
MAELU and NELIA want to avoid this potential loss of capacity and to continue to provide nuclear energy lia-bility insurance for workers claims.
Accordingly MAELU and NELIA desire to restructure their present insurance
- programs, including this policy, effective January 1,
1988.
- NOW, THEREFORE, the Named Insured and the companies do hereby agree as follows:
1.
DEFINITIONS When used in reference to this endorsement:
"this policy" means the policy of which this endorsement forms a part; "nuclear, related employment" means all work performed at one or more than one nuclear facility in the United States of America or in connection with the transporta-tion of nuclear material to or from any such facility.
All of a worker's nuclear related employment shall be considered as having begun on the first day. of such employment, regardless of the number of employers involved or interruptions in such employment; C
"worker" refers to a person who is or was engaged in nuclear related employment; ME-64
( 1/1/8 8 )
Page 1
"workers claims" means claims for damages because of bodily injury to a
worker caused by the radioactive, toxic, explosive or other hazardous properties of nuc-lear material and arising out. of or in the course of the worker's nuclear related employment; "extraordinary nuclear occurrence" means an event which the United States Nuclear Regulatory Commission has determined to be an "extraordinary nuclear occurrence" as defined in the Atomic Energy Act of 1954, or in any law amendatory thereof.
2.
APPLICATION OF THIS ENDORSEMENT This endorsement applies only to such insurance as is afforded by this policy for workers claims which do not arise in whole or in part out of an extraordinary nuclear occurrence.
3.
EXCLUSION OF NEW WORKERS CLAIMS This policy does not apply to bodily injury to a worker-which arises in whole or in part out of nuclear related employment that begins on or after January 1,
1988.
4.
APPLICATION OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With respect to such insurance as is afforded by this policy for workers claims which are not
- excluded, Insuring Agreement IV does not apply and the following Insuring Agreement IV-A does apply:
IV-A APPLICATION OF POLICY TO WORKERS CLAIMS This policy applies only to bodily injury (1) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which written claim is made against the insured not later than the close of December 31, 1997.
5.
AVAILABILITYOF SUPPLEMENTAL INSURANCE MAELU and NELIA are offering to make insurance under one or more Master Worker Policies available to all holders of Nuclear Energy Liability Policies (Facility Form).
THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM POLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY MAELU OR NELIA AS THEY DEEM-NECESSARY OR APPROPRIATE.
The Master Worker Policies will provide, under their separate terms and conditions, coverage for new workers claims.
Premiums will be subject to a separate Industry Retrospective Rating Plan.
ME-64 (1/1/88)
Page 2
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COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC. A WRITTEN REQUEST MUST BE SUBMITTED TO MAELU OR NELIA THROUGH REGULAR.MARKET CHANNELS.
It is understood and agreed that all of the provisions of this endorsement shall remain in full force and effect without regard to this Section 5,
and without regard to whether or not the Named Insureds become insureds under the Master Worker Policies, or whether or not MAELU or NELIA terminate such policies or withdraw or modify their offer to underwrite such policies.
Executed for the companies Date By (Signature of Authorized ficer)
John L. guattrocchi, Vice President-Liabilit Underwriting (Print or Type Name and Title of Officer)
Executed for the Named Insured Date Nov.25 1987 By Florida Power 6 Li ht Com an (Named Insured Print or Type)
(Signature of Authorize Officer)
David K. Baldwin Grou Vice President (Print or T@e~. (8pygyggt tFrjggtfLQCo~~enoln~
Endorsement having the endorsement number and being made part of the Nuclear Energy LiabilityPolicy (F ilityForm) as des-ignate hereon. No Insu nc ereunder.
John L.
ttrocchi, Vice President LiabTityU erwnting American uciear insurers Effect:ive Date of this Endorsement Januar 1,
1988 2:Ol A.M. Standard Time Issued to Florida Power 5 Li ht Com an I
Date of Issue October 19, 1987 To form a part of Policy No.
MF-55 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY ERWRITERS Endorsement No.
73 ME-64 (1/1/88)
By Countersigned by I.dZkt'3.~
A thorized R 'esentative
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LEAR ENERGY LIABILITYINSU CE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS ADVANCEPREMIUM AND STANDARD PREMIUM CALENDAR YEAR 1988 ENDORSEMENT 1.
ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:
323 673.00 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:
245 316.'00 4I
/
This is to certify that this is a true copy of the origina1 Endorsement having the endorsement number anrl being made parr of the Nuclear'Energy LiabilityPoljcy (Fac'lity Form) as des-ignated tereon. No Insurance is afforded ereunder.
John L.
<trocchi, Vice Pr~.c cnt. 'a:li
'ting American uciear Insurers Effective Date of This Endorsement Issued to Date of Issue d
January 1, 1988 12:01 A.M. Standard Time
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December 15, 1987 To form a part of Policy No.
For the subscribing companies MUTUALATOMICENERGY LIABILITYUNDERWRITERS Endorsement No.
74 Countersigned by Authorized Representative
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Nuclear Energy LiabilityInsurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 5,813.00 THIS IS TO CERTIFY THATTHIS IS A TRUE COPY OF TFIE ORIGINAl CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR
/ASSURANCE COVERA'GE UNDER THE MASTER'POLICY;NUCLEARENERGY LIABILITYINSURANCE (SECONDARY FINAN 'IALPROTECTION).
NQ 1NSU NCE IS AFFORDED BY THIS COPY.
JOHN iA~P VICE IOEI4'I-LIABILt Ui40ERW
'AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement January 1,
1988 12:01 A.M. Standard Time To form a part of CertifiCate NO N-26 issued to Florida Power 5 Light Company Date of Issue December 15, 1987 By General Manager For the Sub ribing companies
(...=.I<-..
Endorsement No Countersigned by
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NUCI EAR ENERGY LIABILITYINSURANCE MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS ANNUAL PREMIUM ENOORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 1,688.00 I
THIS IS TQ CERTIFY THATTHIS IS A TAIJE COP Y OF THE ORIGINAL CERT!F!CATE, BEARING THE NUMBER DES~I t'<TED HEREON, FOR INSURANCECOYERAGE UNOER THE MASTER; OLICY-NUCLEARENERGY LIABILITYINSURAi'ICE (SE NOARY FINANCIALPROTECTION).
INSURANCE IS AFFORUEO 8 'HIS COPY.
JOHN L. OUATTROCCHI VICE PRESIOENT-LIABILITYU ERMtRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement Januar 1
1988 Issued to Florida Power
& Li ht Com an Date of Issue Oecember 15, 1987 To form a part of Certificate No.
M-26 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITYUND RWRITERS Endorsement No.
By Countersigned by Authorized Representative
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Nuclear Energy LiabilityInsurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 5,813.00 THIS IS TO CERTIFY THAT THIS IS A;fRUE COPY OF THE ORIGINAL CFRTIFICATE. BEARING THE NUMBER DFSIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTFR PVLlCY-NUCLEARENERGY
'LIABILITYINSUPANCE (SECONDARY FINAL'"tALPROTECTION).
NO INSU 4NCE IS AFFORDEO BY THIS COPY JOH kCQQI
, VICE IDENT-I.IABII.ITYUNDERWRI i
'AMERICANNUCLEAR INSURERS Effective Date of this Endorsement January 1,
1988 12:01 A.M. Standard Time To form a part of Certificate No N-25 Issued to Florida Power 5 Li ht Com an Date of Issue December 15, 1987 By General Manager For the Sub ribing companies i/VvX>>~
Endorsement No Countersigned"by
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NUCLEAR ENERGY LIABILITYINSURANCE MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:
$ 1,688.00 Ta CERTlR'HAT THl$ l8 CERTlFlCAIE. BEARtNp T RUE Copy eF THE'p lNSURANCE CDPERABE UN
""" ER DETONATED HEREPN, F9Q lJN$URANC ~~$~CDNDHE~AA$ E PP LlCy-NUC(EAR+E lNURANCEl$ AFFD o
A y '.WAN L PROTECTlD
'RD sy THls COpy.
>><<~ L OUATTROCCHl Vll:t'RE$gENT.LlAalLl AMERICANNUCLEAR lNSURERS Effective Date of this Endorsement
'anuar 1
1988 Issued to Florida Power
& Li ht Com an Date of Issue December 15, 1987 To form a part of Gertificate No.
For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITYUND WRITERS Endorsement No.
By Countersigned by Authorized Representative
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