ML18092A295

Forwards Endorsements 71 & 72 to Nelia Policy NF-230 & Endorsements 57 & 58 to Maelu Policy MF-90

ML18092A295
Person / Time
Site:	Salem, Hope Creek, 05000000, 05000355
Issue date:	09/28/1984
From:	Golden M MARSH & MCLENNAN, INC.
To:	Saltzman J NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8410090064
Download: ML18092A295 (5)

Text

Marsh&.. _ _ _ _ __

M~Le~n~n IPi..__________________________________

..... 1 Marsh & Mclennan, Incorporated 1221 Avenue of the Americas New York, New York 10020 Telephone 212 997-2000 September 28, 1984 Mr. Jerome Saltzman Assistant Director State .& Licensee Relations Office of State Programs U.s; Nuclear Regulatory Commission Washington, D.C. 20555 PUBLIC SERVICE ELECTRIC & GAS CO.

ANI/MAELU POLICIES NF 230, MF 90

Dear Jerry:

On behalf of Public Service Electric & Gas Co.,

I've enclosed two certified copies each of endorsements 71 and 72 to NF-230 and 57 and 58 to MF 90.

Assistant Vice President MPG:ns Enc.

cc: G. Fox R. Griffiths

( 8410090064 840928 1 PDR ADOCK 05000272 I J PDR

NucJ .. r Energy llablllty lnaunince NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that:

1. Payments made and expenses incurred by the companies under this policy have reduced, in accordance with Condition 3 of the policy, the limits of the companies' liability stated in Item 4 of the Declarations and in all Increase of Limit of Liability Endorsements.

2. The limit of liability stated in Endorsement No. 68 which has.

been reduced is hereby re~tored to $ 124,000,000.00 This restored limit applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard after the effective date of this endorsement.

3. The limits of liability stated in the policy shall not be cumulative.

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 every limit of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.

Effec11ve Date of in1s Enaorsement Jul Y 1' 1984 To form a part of Polley No NF-230 12:01 A.M. St&indilrd T.lme lssutdto Public Service Electric & Gas Compal}Y.~ Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric ComP,any Date of I::> sue September 18, 1984 For the su crib Ing co Endorsement No 71 Count11rsloned by_ _ _ _ _ _ _ _ _ _ _ _

NE-22b

• ~-*

Nuclear Energy Llabfllty Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1984 It is agreed that Items la. and lb. of Endorsement No. 69 are amended to read:

la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 690, 145. 25 lb. 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: $ 522,185.39 Additional Premium: $77.50 This is to certify that this is a true copy o:f the original Endorsement having the endorsement number and being made part of' the Nuclear Energy Liability Policy (Facility Form) as das" ignated hereon. N\ Insurance. is afforded h~' ..~der. *.

~*~. ~-.

John ~* Quattrocchi, Vice President-Liability Underwritina American Nuclear Insurers ' "'

Effective Date of this Endorsement _ _.....,J~11 ~l~t--l';"'7:-'l--:9~8.::i:.4--,---,-~------To form a part of Policy No __N_F_-_2_30___

12:'61 A.M. Standard Time Issued to P11blic Service Electric & Gas Company, Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric Comtfiany

• Date of Issue September l 8, l 984 For t e su cribing co panies Endorsement No 72

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Countersigned by____________

NE-36

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Restoration of Limit of Liability Endorserrent Payrrents made arrl expenses incurred by the crnpanies urrler this p.::>licy have reduced, in accordance with Condition 3 of the p.::>licy, the limits of the ccrnpanies' liability stated in Item 4 of the Declarations and in all Increase of 'Limit of Liability Endorserrents.

The limit of liability stated in Endorserrent No. 54 which has been reduced is hereby restored to$ 36,000,000 00

• This restored limit applies only with respect to obligations assurred or expenses incurred because of bcdily injury or property damage caused by the nuclear energy hazard after the effective date of this endorserrent.

The limits of liability stated in the p.::>licy shall not be cumulative. Each payrrent nade by the ccrrpanies after the effective date of this endorserrent for any loss or exi;:ense covered by the p.::>licy shall reduced by the arroi..mt of soch payrrent every limit of liability, regardless of.which limit of liability applies with respect to the l:x:dily injury or property damage out of which such loss or expense arises.

Effective Date of l To form a part MF-90 this Endorsement ~-..Y_L.J_9=-8.::..4-'--*- - - - - - - . . . . u f Policy No. _ _ _ _ _ _ _ _ _ __

Issued to Public Service Electric &Gas Company, Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric Company Date of Issue___S_e....:.p_t_e._m_b_e_r_l_S..:..,_l_98_4_______

For the Subscribing Companies DER WRITERS Endorsement No.-* 57 _ --*------ Cou11rnsii,:11cd hr

.-\unt01.IZED RivaEJENTATIV!

ME-22b

NUCLEAH ENEHC Y Ll.ADILITY INSUJ{ANCE MUTUAL ATOMIC ENEH.GY LLAI3ILITY UNDEHWRITEHS

l. Amendment of Advance Pre1niun1 Endorsen1cnt

2. Standard Pren1iun1 and Hcscrve Premiurn Endorsement

3. Additional Premium Due

l. Advance Premium It is agreed that the Amended Advance Premium due the companies forthecalendaryear 1984 is $200,364.75

2. Standard Premium and Reserve Premium Subject to the provisions of the Industry Credit Rating Plan, it is agreed that the Standard Premium and Reserve Premium for the calendar year designated above are:

Standard Premium _ _,$_2_0_0-'-,_3_6_4_._75____

Reserve Premium _$151,602.21

3. Additional Premium $22. 50

~-----------~

Effective Date of To form a part this endorsement July 1, 1984 of Policy No. MF-90

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~.....:..----------~

Issued to Public Service Electric & Gas Company, Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric Company Date of Issue September 18, 1984 For the Subscribing Companies MUTUAL AT01C ENERGY LIABILITY UNDJR\JUTERS t~ - I

. By "*

\ -~* ~/<=!/~,.-- .  ?;t',.-\.

t"t"--....<::::-

Endo rs.cment No. __5.....8.____ Countersigned by

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Author i z c d Representative This is to certify that this is a true copy o:f the original Endorsement having the endorsement number and being made part*

ME-36 of the Nuclear Energy Liability Policy (Facility Form) as des-ignated, hereon. ~Insurance is afforded h eund.er.

-8'. ~A .

• Tohn L. occhi, Vice President-Liability tf'Jd~riting American Nuclear Insurers