ML18052B468
| ML18052B468 | |
| Person / Time | |
|---|---|
| Site: | Palisades  |
| Issue date: | 01/21/1988 |
| From: | Frounfelker R CONSUMERS ENERGY CO. (FORMERLY CONSUMERS POWER CO.) |
| To: | Dinitz I NRC |
| References | |
| NUDOCS 8801270034 | |
| Download: ML18052B468 (9) | |
Text
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consumers Power POW ERIN&
llllCHl&AN'S PRO&RESS General Offices: 212 West Michigan Avenue, Jackson, Ml 49201 * (517) 788-0550.
January 21; 1988 Mr Ira Dinitz Mail Stop 128 US Nuclear Regulatory Commission Washington, DC 20555 ANI POLICY NF-179 MAELU POLICY MF-50 DOCKET NO 50-255 Attached are two copies each of Endorsements 98 and 99 to ANI Policy NF-179 and Endorsements 84 and 85 to MAELU Policy MF-50 for Palisad.es Nuclear Plant.
Endorsements 98 and 84 are the Amendment of Coverage Endorsement for Worl<.ers
.*Claims, and Endorsements 99 and 85 reflect the 1988 Advance Premium.
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- R E Frounfelker Property & Casua y Insurance Director I *
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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE 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*
~utual 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 ~bility to continue to attract from world markets very large amounts of nuclear energy iiability 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.
~
- N6W, 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 o.f 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 o~ 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-
-1ear 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.
AVAILABILITY OF 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 tndustry Retrospective Rating Plan.
NE-64 ( 1/ 1/88)
Page 2
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 underwri-te such policies..
Executed for the comtanies
~
Date 1.h~ By _.::S ~~=*~
~,
(Sig~r~ of Aut o ized Officer)
John L. Quattrocchi, Vice President-Liability Underwriting (Print.or Type Name and Title of Officer)
Executed for the Named Insured Consumers Power Company (Na.*med z,su:ed 0 -. P;int or Type)
Date Nov 24, 1987 By...._r----"#n:......c....--=-----,.:...-'~'---',
~------------,.----
(Signature ot Authorized Officer)
R M Griswold, Vice President & Treasurer (Print or Type Name and Title of Officer)
Effective Date of this Endorsement~ _ __,,J~a~n~u~a~r.y_._l~*-1~9~8~8.__ ______ ~To form a part.of Policy No NF-179 12:01 A.M. Standard Time Date of Issue October 19, 1987 For the subs~ribing companies
.. /.
(_';
Endorsement No __
___.9~8 ____ _
NE-64 (l/1/88)
4tucLEAR ENERGY LIABILITY INSU.NCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM 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:
$ 490,566.00
- 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 lndustri Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:
370 505.00 Effective Date of This Endorsement ____._Ja_n_u_ary_1_* _19_88 ___________ To form a part of Policy No. __
""""N_F_-_1_79 __ _
12:01 A.M. Standard Time Issued to Consumers Power Company Date of Issue December 15, 1987 B
General Manager Endorsement No. ___
_.9,...9....._ _____ _
Countersigned by ______________ _
Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 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; "worker" refers to a person who is or was engaged in nuclear related employment; ME-64 (1/1/88)
Page 1
l*
"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 a.fter 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 caµsed during the pol icy 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 Ji, 1997.
- 5.
AVAILABILITY OF 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
'i*
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 rega:t"d -to this - Section 5, __ and wi_t,Q~u~ 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 ~r withdraw or modify their offer to underwrite such policies.
Executed for the Date 0/R/l comP.anies *
~
~ (Signa~hiJrzed By
- S.
o;,
F' Officer)
John L. Quattrocchi, Vice President-Liability Underwriting (Print or Type Name and Title _of Officer)
Executed for the Named Insured Consumers Power Company (Named Insured - Print or Type)
Date. Nov 24, 1987 By;\\_~_;P/
_ __,__.___._~-------""*.
(Signature of Authorized Officer)
Effective Date of this Endorsement January 1, 1988 To form a part of Policy No.
MF-50 12:01 A.M. Standard Time Issued to Consumers Power Company Date of Issue October 19, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY Endorsement No.
84 ME-64 (1/1/88)
Cl i*'
e e
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM 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:
142.422.00
- 2.
STANDARD PREMIUM ANO 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:
107 566.00 Effective Date of This Endorsement ____
Ja_n_u_ary..;._1~*-
19_8_8 __________ To form a part of Policy No._--'-'M.;;..F_-.;;..50""-------
12:01 A.M. Standard Time l~uedto Consumers Power Company Date of l~ue _________
D_e_ce_m_b_e_r_1_5~,1_9_8_7 __________ _
EndorsementNo. ___ 8.;;..5=-----------
For the subscribing companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS
~~~-~
Countersigned by ----------------
Authorized Representative