ML18092B506
| ML18092B506 | |
| Person / Time | |
|---|---|
| Site: | Salem  |
| Issue date: | 03/31/1987 |
| From: | Farrell E MARSH & MCLENNAN, INC. |
| To: | Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP) |
| References | |
| NUDOCS 8704140057 | |
| Download: ML18092B506 (5) | |
Text
19*
f' M & M Nuclear Consultants 1221 Avenue of the Americas New York, New York 10020-1070 Telephone 212 997-2000 March 31, 1987 Mr. Ira Dinitz State and Licensee Relations Office of State Programs United States Nuclear Regulatory Com.mission Washington, DC 20555
Dear Mr. Dinitz:
Enclosed are certified copies of endorsements for Public Service Electric & Gas Company.
Endorsements No. 92 and 93 are under Policy No. NF-230 and Endorsements No. 76 and 77 are under Policy No. MF-90.
Sincerely, Elizabeth Farrell M&M Nuclear Consultants
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1,------97()4140057-870331 PDR ADOCK 05000272
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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIAillLITY INSURANCE ASSOCIATION It is agreed that:
RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT
- l. 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.
- 12.
The limit of liability stated in Endorsement No. 87 which has been reduced is hereby restored to $ 124,ooo:oOo.oo.
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 ar1i ses.
This is to certi~; that this is a true copy of the original Endorsement having the endorsement numbe and being made part of the Nuc~ne'\\"' Liability Policy (Facili, orm) as des-ignated her n. ~~a~~
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John L. Quattrocchi, Vice President-Liability Underwriting Americ~ Nuclear Insurers Effective Date of this Endorsement January 1, 1987 To form a part of Pol icy No NF-230 12:01 A.M. Standard Time Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Issued to Power & Light Co., Atlantic City Electric Co.
Date of Issue~_M_a_rc_h~1_6~,'--1_9_8_7~~~~~
Endorsement No 92
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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1987 It is agreed that Items 1 and 2 of Endorsement No.
89 are amended to read:
- 1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
$ 1,073,144.45
- 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: $
813,264.79 Additional Premium is:
$ 193.75
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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 Liability Policy (Facili. Form) as des-ignated h~*
reon~ f'fo In:ura e is a~~rded,eunder.
John L. Qu c~
Pres* ent-Llability Uncle American Nuc ear Insurers Effective Date of this Endorsement ~~J~a~n~ua~r~y~l_,~1_9~8_7~~~~~~~ To form a part of Policy No NF-230 12:01 A.M. Standard Time Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Issued to Power & Light Co., Atlantic City Electric Co.
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March 16, 1987 For the subscribing companies By ---'r+--ol-0-~~-----
General Manager Endorsement No 93 Countersigned by
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NE-36
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT*
It is agreed that:
- 1.
Payments made and expenses incurred by the companies under this policy have been reduced, in accordance with the 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. 72 which has been reduced is hereby restored to$ 36.000.000.00 This restored limit applies only with respect to 1obligations 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 cummulative.
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 whic~ such loss or expense arises.
Effective Date of this Endorsement --'J;...;;a;.;.n;...;;u_a_r.._y_l_,,__1_9_8_7 _____ To form a part of Policy No.
MF-90 Issued to Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Power & Light Co., Atlantic City Electric Co.
Date of Issue March 16, 1987 For the Subscribing Companies Endorsement No.
76 MUTUAL ATOllIC E111!11GY LIABILITY 7RWRITER1l By
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Countersigned by ---------------
Authorized Representative
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1987 It is agreed that Items 1 and 2 of Endorsement No.
74 are amended to read:
- 1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is: S 311,558.07
~~~-=--~~~~~~~-
- 2.
STANDARD PREMIUM AND RESERVE PREMIUM:
In the absence ~f 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:
236,109.13
~~..:....:;...L.:::-.:....:....;....::..::__~~~~
Additional Premium is: $ 56.25 Effective Date o[
this Endorsement January 1, 1987
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To form a part of Policy ~Jo.
MF-90 Issued to Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Power & Light Co., Atlantic City Electric Co.
Date of Issue March 16, 1987 For tile Subscribing Companies Endorsement
~io.
77
~cu~t~rs~gned by
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