ML18139B263

Forwards Endorsement 25 to Maelu Policy MF-96

ML18139B263
Person / Time
Site:	Surry, North Anna
Issue date:	04/21/1981
From:	Ellis C MARSH & MCLENNAN, INC.
To:	Dinitz I Office of Nuclear Reactor Regulation
References
NUDOCS 8104240315
Download: ML18139B263 (3)

Text

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e Marsh & McLennan, Incorporated 11 South 10th St., P. 0. Box 1857 Richmond, Virginia 23215 Telephone 804 649-4100 Telex 827317 April 21, 1981 Mr. Ira Dinitz Indemnity Specialist Anti* Trust & Indemnity Group Nuclear Reactor Regulations U. S. Nuclear Regulatory Comm.

Washington, DC 20555 Re: Virginia Electric & Power Company

Dear Mr. Dinitz:

Enclosed are ten (10) copies of endorsement number 25 for policy MF-96.

Trust you will find the enclosed in order.

Sincerely,

~~-#

Caroi:?"; ~llis Casualty Technician

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8104240315

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• NUCLEAR ENERGY 1 e

[ABILITY INSURANCE MUTUAL ATOMIC ENERG~l LIABILITY UNDERWRITERS AMENp_~ENI__QF CON_!?JTIOli._2 "INSPECTION; _S_Q_SPENSION" AND DEFINITION OF "INSURED SHIPMENT" (Indemnified Nuclear Facility)

It is agreed. that:

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

2 INSPECTION:SUSPENSION The compa*nies shall at any time b.e perrnitted but not obligated to inspect the facility and all ope.rations relating thereto and to exa1nine the insured' s books and records as far as they relate to the subject 0£ this insurance and any property insurance afforded the insured through any

.company who is a member of Mutual Atomic Energy Reinsurance Pool. If a representative of the companies discovers a condition which he betieves to be unduly dangerou~; with respect to the nuclear energy hazard, a representative of the con1.panies *may request that such condition be corrected without delay. In the event 0£ noncompliance with such request, a representative of the companies n1.ay, by notice to the named insured, to any other person or organization considered by the companies to be *responsible for the continuation of such dangerous condition, an.cl to the United States Nuclear Regulatory Commission, suspend thi.s insuranc_e with respect to the named. insured and such other person or organization effective 12:00 midnight of the next business day of such Commission following the date that such Caril.mission receives such notice. The period of such suspension shall tern1i.nate as of the ti1ne stated in a written notice from the cornpanie s to the named insured and to each *such per son or ,,

organization that such condition has been corrected.

Neither the right to make such inspections and examinations nor the making thereof nor any advice or report i*esulting there.from.

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 are safe or healthful, or are in compEance with any law, rule or regulation. In consideration of the issuance or continuation of this policy, 'the insured agrees that neither the companies nor any persons or o'rganizations making such inspec-tions or examinations on their behalf shall be liable with respect to injury to or destruction of property at the facility, or any consequential loss or expense resulting therefrom, or any loss resulting £i;om interruption of business or n,anufacture, arising out 0£ the n1aking of or a failure to make any such inspection or exan1ination, or any report thereon, or any such suspension 0£

e Page ? r,f 2 insurance, but this provisi.-in does not lirnit the contractual obligations of the companie~~ under this policy or any policy affording the insured propert I *insurance through any corn.pany who is. a member of Mutual Atomic Energy Reinsurance Pool.

2. The defin,ition of 1 'insured shiprnent" in Insuring Agreement III, "DEFINITIONS" is replaced by the following:

"insured shipn1.ent" n1.eans a shipment of source material, special.nuclear n1.aterial, spent fuel, waste, or tailings or wastes produced by the extraction or concentration of uranium or thorium from any ore processed primarily for its source m.aterial .content, . herein called 11 material, 11 (1) tc:i the facility*

from any location except an indem.nified nuclear facility, but only i£ the transportation of rhe material is not by predetermina-tion to be interrupted by removal of the material from a trans-porting conveyance for any purpose other than the continuation of its transportation, or (2) from the facility to any other location, but cinly until the material is removed from a transporting ir conveyance for any purpose other than the continuation of its tra nspo rtatioh.

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Effective Date of To form a part this Endorsement January 1, 1981 of Policy No. :MF-96 12 :01 A. M. Standard Time Issued to Virginia Electric and Power Company

[?ate of Is sue . M..arch 2?_,

• 1981 L.

1/1/81 ME-805

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