ML18139B240

Forwards Endorsement 5 to Maelu Binders XB-27,28 & 63 & Nelia Binders EB-27 & 28,Endorsement 6 to Maelu Binder XB-63 & Nelia Binder EB-63,Endorsement 3 to Nelia Binder EB-70 & Endorsement 2 to Maelu Binder XB-70

ML18139B240
Person / Time
Site:	Surry, North Anna
Issue date:	03/30/1981
From:	Ellis C MARSH & MCLENNAN, INC.
To:	Dinitz I Office of Nuclear Reactor Regulation
References
NUDOCS 8104140569
Download: ML18139B240 (17)

Text

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Marsh&

M,Lennan .........

Marsh & McLennan, Incorporated 11 South 10th St., P. 0. Box 1857 Richmond, Virginia 23215 Telephone 804 649-4100 Telex 827317 March 30, 1981 Mr Ira Dinitz Indemnity Specialists Anti-Trust & Indemnity Group Nuclear Reactor Regulations.

U. S. Nuclear Regulatory Commission Washington, D. C. 20555 Re: Virginia Electric and Power Company

Dear Mr. Dintz:

Enclosed you will find ten (10) copies of endorsements as listed oelow.

• Policy Endorsement 11 XB-27 5 XB-28 5 XB..,.63 5&6 EB-70 3 EB-63 6 EB-27 5 EB-28 5 XB-70 2 MF-96 24 MF 46 Trusting you will find these in 6fder, I remain, Yours very truly,

~4~

c;;ol~Ellis r Casualty Technician CSE: ce CC: Stewart Foulke, Manager Insurance Dept.

Vepco r.-

e e NUCLEAR ENERGY' LIAB.ILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UND.ERWRITERS L

Al'vfENDMENT OF CONDITION 2 11 INSPECTION; SUS.PENSION 11 AND DEFINITION OF "INSURED SHIPMENT 11 (Indemnified Nuclear Facility)

It is agreed that:

l. Condition 2 11 INSPECTION; SUSPENSION 11 is replaced by the following:

2 INSPECTION;SUSPENSION The companies shall at any time be ......

permitted but not obligated to inspect the facility and all operations relating thereto and to exami.ne the insured 1 s books and records as far as they relate to _the subject of this insurance and any property insurance afforded the insured through any company who is a member of Mutual Atomic Energy Reinsurance Po.:)l. If a representative of the companies discovers a condition l*

r-which he believes to be unduly dangerou~: with respect to the I nuclear energy hazard, a representative of the cornpanies may request that such con:lition be corrected with::mt delay. In the event of noncon1pliance with such request, a representative of t_he c.:)mpanies 1nay, by notice to the*named insured, to any other person or organization considered by the companies to be responsible for the continuation :Jf such dangerous condition, and to the United States Nuclear Regulatory Commission, susp.end this insurance with respect to the na.m.ed insured and such ,:ither 'i F-person or organization effective 12:00 midnight of the next business d:;i. y of such Commi.s sion fol \owing the d3.te that such Commission receives such n-:Jtice. The.:*period of such suspension shall terminate as of the time stated in a written notice from. the companies to the n::i.med insured and to each such per son or organization that such condition has been corrected.

i.

Neither the right to make such inspections and examinations n:Jr the making thereof n:Jr any advice or report resulting therefrom  !

shall constitute an undertaking, on behalf of or for the benefit of the insured or others, to determine or warrant that such facility or operations ar.e sa.fe or healthful, or are in compli2.nce with any law, rule or regulation, In consideration of the issua_nce or continuation of this. policy, the insured agrees that neither the companies n::ir any persons or organiz3.tions making such inspec-tions or exa.minations on their behalf shall be liable with respect to injury to or destruction of property at the facility, or any

• consequential loss or exp-ense resulting therefrom, or any loss resulting from interruption of business or man"Jfa cture, arising out of the making of or a failure to make any such inspection or examination, or any report thereon, or any such suspension of

Page 2 of 2 insurance, but this prov1s10n does n:Jt lin1it the contractual obligations of the companies under this pcilicy or any policy L

affording the insured property insurance through any con1pany who is a member of Mutual Atomic Energy Reinsurance Pool.

2. The definition of "insured shipment 11 in Insuring Agreement III, "DEFINITIONS" is replaced by the following:

"insured shipment 1 ' means a shipment of source n1aterial, special nuclea~ material, spent fuel; waste, or tailings or.

was.tes produced by the extraction :>r concentration of uranium b

or th:::irium from any ore processed primarily £or its source f material content, herein called "material, 11 (1) to the facility ...i from any location except an indemnified nuclear facility, but t t I only if the transportation of the material is not by predetermina- I I'

tion to be interrupted by removal of the material from a trans- I I

porting conveyance for any purpose other than the continuation V I

of its transportation, or (2) from the facility to any other location, t but only until the material is removed from a transporting

,~

conveyance for any purpose other than the continuation of its *,r' transportation.  !'

Effective Date of To form a p3.rt this Endorsement January 1, 1981 of Policy No. MF- 57

01 A. M. Stand.a rd Time Issued to __ Virginia F.lectric and ,Power C~7: _______________

• _ _

Date of Issue March 18, 1981 For the Subscribing Companies Mutual Atomic Energy Liability Underwriters By----------------------

I Endorsement No.

46 _ Counter signed by I...

1/1/81 ME-805 I

L...

I NUCLEAR ENERGY LIABILITY INSURANCE *** '

MUTUAL ATCMIC ENERGY LI1\BILITY UND~RWRITERS ,'i ADVANCE PREMIUM ENDORSEMENT and ':?'

STANDARD PREMIUM ENDORSEMENT Calendar Year 1981

1. ADVAN CE . PR.EMI UM It is agreed that* the Advance Premium due the companies for the calendar _year designated above is$ 106,589~25 2 . . STANDARD PREMIUM AND RESERVE PREMIUM

. t 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 and Reserve Premium are: ...

Standard Premium $ 106,589.25 I

Reserve Premium $ 80,332.83.

Effective Date of To form a part this Endorsement ___J_an_uary ___1_,_1_9_s_1_ _ _ _ _ _ of Po 11 cy No. _ _MF_-_9_6_ _ _ _ _ _ _ _ _ __

Issued to _ _v_ir_*_g_in_*_i_*a_E_l_e_ct_r_i_*c_an_d_P_ow_e_r_c_omp

____an_y________________________

Date of Issue ____F_eb_ru __2_,_

__ary_. 1 _9_81_ _ _ _ _ _ _ _ __

• 1*, *:.*

For the Subscribing_Companies MITTUAL ATOMIC ENERGY LIABILITY*UNDERWRITERS*

24 Endorsement No. - - - - - - - - - - -Countersigned by - - - - - - - - - - - - - - - , - - - - - - - - - ' - - - -

AUTHORIZED REPRESENTATIVE

MUTUA~TOMIC ENERC.:Y LIABILITY UND.RITERS

1) ANNUAL PREMIU!' ! ENDORSEMENT

2) SUBSCRIBING cc,1,[PANIES AND THEIR PROPORTIONATE LIABILITY _ENDOl<.SEMENT Calendar Year 19 81

,* . .. r : ~ **.

1. ANNUAL PREMIUM: It is agreed that the Annual P1*emium due the companies for the period designated above is: $1,350;00 *

2. It is agreed that with respect to (i) bodily injury or property* damage*'

caused, during the effective period or this endorsement, by the radioactive,

• toxic,* explosive or other hazardous properties of nuclear material, and (ii) contingent *liability as provided fo Condition 4 for excess incurred losses

• because retrospective premium due under one or more binders with respect I * * I to such bcid.ily irijury or property* damage is riot paid:

I * *Ii . : i.i;* '>

a.. The word 11 companies 11 wherever used in the policy means

~he subscribing companies listed on the reverse side of this endorsement.

b. The policy shall be binding. on such companies only.

c. Each such company shall be liable only for its proportion designated next to its name of ~ny obligation assumed or expense incurred under the policy.

3. It is* agreed that the effective period of this endorsement is from the

. beginning of the effective date of this endorsement stated below' to the close of December* 31st of the Calendar Year designated in the caption above, or to the time of the termination or cancellation of the Draft Master Policy, or this binder, whichever first occurs, eastern standard time.

Effective Date of this. Endorsement January l, 1981 ToformapartofBinder_No, XB-70 12: 01 A .M. Standard Time Issued to Virginia Electric and Power Company Date of Issue January 29, 1981 By Endorsement No. 2 Countersigned by

-:----~------

Subscribing Companies PROPORTION OF 100%

American Mutual Liability Insurance Company, Wakefield, MA 15. 0000000 Employers Insurance of Wausau A Mutual Company, Wausau, WI 15. 0000000 Liberty Mutual Insurance Company, Boston, MA 30. 0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30. OOQOOOO Michigan Mutual Insurance Company, Detroit, MI 5. 0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5. 0000000 This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT MASTER POLICY-NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection) . No insurance is afforded by this copy.

Mutual Atomic Energy Liability Underwriters

_J

e e Nuclear Energy Liability lnsuranc*

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO BIND ER NO. - EB- 27 Forming Part of Draft Master Policy Nuclear Energy Liability Policy (Secondary Financial Protection)

(dated June 2(, 1977).

It is agreed that Item 4. of the DECLARATIONS is amended to read as follows:

Item 4. Identification of primary financial protection applicable to the nuclear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance Association Pol icy NF- 186 *$124,000,000 Mutual Atomic Energy Liability-Underwriters Pol icy MF- 57 $ 36,000,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection? Yes Effective Date of th,s Endorsement May l , 1979

. * . 12:01 A,M. S!;itndard Time To form a part of Binder No. EB-27 issued to V1rgrn1a Electric & 1-'ower Company February 5, 1981 Date of Issue --.:::._:-=~--=..:._..:...:..::..:_

Endorsement No 5 Countersigned by _ _ _ _ _ _ _ _ _ __

e e Nuclear Energy Llablllty Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

. ENDORSEMENT TO BINDER NO .. EB- 28 Forming Part of Draft Master Policy Nuclear Energy Liability Policy (Secondary Financial Protection)

(dated June 24, 1977)

It is agreed that Item 4. of the DECLARATIONS is amended to read as follows:

Item 4. Identification of primary financial protection applicable to the nuclear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance Association Policy NF- 186 *$124,000,000 Mutual Atomic Energy Liability-Underwriters Policy MF- 57 $ 36,000,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection? Yes

'!'his is to certi1"y tl1at; tM.s is a *c:i*u,J copy of the original Endorsement havi:c;; "che enr~or;:;er:1e.1.*c nu:nbe:,: and being made part of the Nuclear Energy Llal1 ility Policy (F2..oility Form) as des-nated hereon. No Insura~ce. is afforded ereunder .

Effective Date of th,s Endorsement J

A mencan

~.

• Quattrn.::::J,i' Vic~~ *,-*~esident L.

Nuclear lnsurers May 1 , 1979

-" I*tJ . n

• * * -L '"-'JI To form a part of Binder No. EB- 28 Issued to V* . .

1rgrn1a t2.:01t:.lectr,cA.M. Star...dard Ti~UL

• oi 1-'0Wer Lompan_y Date of Issue February 5, 1981 General Manager Endorsement No 5

---

Countersigned by _ _ _ _ _ _ _ _ _ __

e e Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO BINDER NO. EB- 63 Forming Part of Draft Master Policy Nuclear Energy Liability Policy (Secondary Financial Protection)

(dated June 24, 1977)

It is agreed that Item 4. of the DECLARATIONS is amended to read as follows:

Item 4. Identification of primary financial protection applicable to the nuclear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance Association Policy NF- 240 *$124,000,000 Mutual Atomic Energy Liability-Underwriters Pol icy MF- 57 - . $ 36,000,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection? Yes This is to certify that this is a 'true copy of the original Endorsement having the endorserr.ent nm.1oer and being made part of the Nuclear Energy Liability Polic (Facility Form) as des-

\gnated hereon. No Insurance is af:fo d d hereunder.

Q,. ~~,;tth~-e,ie'eot-L,sbH:;;;M,.

Al!lerican NucI!22.:* Ll:::..r-21*J E!fec:,ve Date of rn,s Endorsement May l , 1979

- - - - . ,2;;-:::no~,-.A~.M..- . .::51,:-a*--=-n-::-da-r-:-d--;;.J:-:-im_e_ _ _ _ _ _ To form a part of Bi nd er No . EB- 63 Issued to Vi rgi ni a Electric and Power Company Date of Issue __Eebrua ry 9, 1981 Endorsement No 6

---

Countersigned by _ _ _ _ _ _ _ _ _ __

e e Nuclear En*rgy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO BINDER NO. EB-70 Forming Part of Draft Master Policy Nuclear Energy Liability Policy (Secondary Financial Protection)

(dated June 24, 1977)

It is agreed that Item 4. of the DECLARATIONS is amended to read as follows:

Item 4. Identification of primary financial protection applicable to the nuclear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance A,ssoci at ion Policy NF- 240 *$124,000,000 Mutual Atomic Energy Liability-Underwriters Pol icy MF- 96 $ 36,000,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection? Yes This is to cert:'!.fy th~:% *::':L'!.G :l'.J a tr,.C:o co:n:r o:f the original Endorse::12~,-1: L:.*_-,_** ~ *, - *_ :* ',_* ~-=--::1 boing made part the Huc::i.-::1:,_* .>:: .... * ._:_:_ *__ c..:._* ::0:._JJ (:<'.icility Form) as des-ated hereon. 1'Jo Insur8.:*1ce is afford hereunder.

Effeci 1ve Date of Jo { £,.~'"'

Am ncan Nuclear Insurers Crem ",: iallility Undenvri~,----

r r, 1s Endo rsemen t _ _--L;A.pJ.-r...Lil-l;--;;:11;;'1:->-:~~.8.Q.:---:---c--::-:--------

' Toformapartof Binder No. EB- 70 1 2: 01 A. M. S t;in_oard T irne ------'-:..:c....:..___;::.=..._ _ _ __

Issued to Virginia Electric and Power lompany Date of Issue Februar.y 9, 1981 Endorsement No 3

_ _ _.;c___ _ __

Countersigned by _ _ _ _ _ _ _ _ _ __

MUTUA~TOMIC ENERC Y LIABILITY UNDttwRITERS

1) ANNUAL PREMilp ( ENDORSErvlENT

2) SUBSCRIBING C 1:*\*IPANIES AND THEIR PROPORTIONATE LIABILITY ENDOJ :SEMENT Calendar Year 19 81 ....

I'  :.t. ~.. :I~:-.. .

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for th~ p~riod designated above.is:* $1,350.00 . , , . *>:1-\'. 1 .

I*

2. It is.~g1*eed that with respect to (i) bodily*injury*or prope1~ty'damage , , r* I caused, during the effective period or this endorsement, by the 1*adioactive, toxic, explosive or other hazardous properties of nuclear material, and.* '::*'.,

(ii) contingent liability as provided. in Condition 4 for excess incurred losses ,

because retrospective premium due under one or more binders with respect*: '*:;';

to such bodily injury or prop~rty damage is not paid:

• .,.!. r.: . . -*~ ..( ~;,,. ** .. ,

a. The word 11 companies 11 wherever used in the policy* means.*

the subscribing companies listed on the reverse side of this endorsement.

b. The . policy shall be binding on such companies .

only.

c. E.ach such company shall be liable oniy for its pro:portion

. designated riext to ii:s' name of any obligation assumed or expense incurred under the policy.

3. It is agreed that the effective period of . this endorsement is from. the beginning of the effective date of this endorsement stated .below, to the close of December 31st of the Calendar Year designa_te~.\p.}h.e . : /.

caption above, or to the time of the terminati~n -~r 'cancell~tion of the Draft Master Policy; or this binder, ,j,,hichever first occurs, eastern standard time.

Effective Date of this Endorsement January 1, 19 81 To form a part of Binder No. XB-63 12: 01 A .M. Standard Time Issued to Virginia Electric and Power Company Date of Issue January 28, 1981 . -l,.,.  ; - ...

By ~~

Endorsement No. 5 Countersigned by

e  :

Subscribing Companies PROPORTION OF 100%

American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Poin~, WI 5.0000000 This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT MASTER POLICY-NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection). No insurance is afforded by this copy.

~.M.O~

Mutual Atomic Energy Liability Underwriters

e e

i I

t NUCLEAR ENERGY LIJIYILI-TY INSURANCE MUTUAL ATOMIC ENERGY L*i:ABILITY UNDERWRITERS

~ ' ' .1~ ,

... - ENDOfSEMEN'J:'.. TO BINDER. NO .. ,XB-: 6 3

~or\n.ing

• Par"t ~f or'a:ft' ;1ast~r' 'Poii'c}

.~ .

Nuclear Energy Liability Policy (Secondary Financial Protection)

(Dated June 24, 1977)

'l.,.

It is agreed that Item 4. of the DECLARATIONS is amended to read as follows: -'I

r Item 4. Identification of primary financial protection f-applicable to the nuclear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance Association I.

Policy NF~ 240 $124,000,000 Mutual Atomic Energy Liability Underwriters Policy YiF- 96 $ 36,000,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection? Yes Effective Date of this Endorsemerit May 1, 1979 To form a part of.-Binder No. XB-63 12:01 A.M. Standard Time I

Issued to Virginia Electric and Power Company .L..

Date of Issue February 27, 1981 By Endorser,~ent No 6 Countersigned by

e . "

This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT MASTER POLICY-NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection) . No insurance is afforded by this copy.

Mutual Atomic Energy Liability Underwriters

e e NUCLEAR ENERGY LIA.; ILITY INSURANCE I

MUTUAL ATOMIC ENERGY 1 !:ABILITY UNDERWRITERS tt,_

ENDORSEMENT TO BINDER NO. XB~28 Forming Part of Draft Master Policy Nuclear Eriergy Liability Policy (Secondary Financial Protection)

(Dated June 24, 1977)

It is agreed that Item 4. of the*DECLARATIONS is amended to read as* fallows: ,,.

• I

[

Item 4. Identification of primary financial protection .L ...

I,; *.

i applicable to the nuclear reactor and limit of liability thereof: tl!E I

Nuclear Energy Liability Insurance A~sociation Policy. NF- 186 $124,000,000

~.;.. __

.,fit' Mutual Atomic Energy Liability Underwriters . }>,

rF

!r-,-

Policy MF- 57* $ 36,000,000

• Do other nuclear reactors ~hare 'the limit of liability provided

~c~~

under the primary financial protection? Yes ..........I I

f Effe~ti~e Date of this Endorsement May 1, 1979 To form a part of Binder No~ XB-28 .!

12:01 A.M. Standard Tim~

Issued to Virginia Electric & Power Company Date of Issue February 27, 1981 By Endors*ement. No Countersigned by

e NUCLEAR ENERGY Lil\'.*ILITY INSURANCE MUTUAL ATOMIC ENERGY L !'ABILITY UNDERWRI'I'ERS ENDORSEMENT' TO 'BINDE<R NO.' )<B.:... */7

• -1:1_;; ~ :-

*; ; * ,' .I '

t-i Forming *Part' of* D1:1*aft :foaster Policy<** 1

,I Nuclear Energy. Liability Policy (Secondary Financial Protection)

(Dated June 24,

• 1977)' *- ..

It is agreed that I tern 4. of the DECLAF<ATIONS :ts amended to read as follows:

.Item 4. Identification of primary fin~ncial p~otection applicable to the nticlear reactor and limit of liability thereof:

Nuclear Energy Liability Insurance As~ociatiori Policy NF- 186 . $124,000,000 *,

)

Mutual Atomic Energy Liability Undeiwriters Policy MF- 57 $ 36,000,000 Do other nuclear reactors ihare. the limit of liability provided

• under the.primary financial protection? Yes Effective Date of *,

this Endorsement May 1, 19 79

• To form a pa~t of Binder No. XB-27 12:01 A.M. Staridar~ Tim~

Issued to Virginia Electric & Power Company Date of Issue Febiuary 27, .1981 By .,

,l Endorsement No* 5 Countersigned by

e This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT MASTER POLICY-NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection). No insurance is afforded by this copy.

Mutual Atomic Energy Liability Underwriters