ML18139C233
| ML18139C233 | |
| Person / Time | |
|---|---|
| Site: | Surry, North Anna, 05000000 |
| Issue date: | 02/09/1983 |
| From: | Painter B VIRGINIA POWER (VIRGINIA ELECTRIC & POWER CO.) |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8302150050 | |
| Download: ML18139C233 (76) | |
Text
V.
Vepco VIRGINIA ELECTRIC AND POWER COMPANY, RICHMOND, VIRGINIA 23261 Mr. Ira Dini tz Indemnity Specialist Anti-Trust & Indemnity Group Nuclear Reactor Regulations United States Nuclear Regulatory Commission Washington, D.C.
20555
Dear Mr. Dinitz:
February 9, 1983 Enclosed are two (2) certified copies of each Place-ment Certificate and two (2) separate endorsements for attachment to each certificate evidencing that the requirements for Secondary Financial Protection have been fulfilled.
It is our understanding the endorsements which were to be attached to the Secondary Financial Protection Master Policy have been sent to you previously.
Should you have any questions regarding this matter, please advise.
Enclosures Yours very truly,
~~
Brenda Painter Insurance Coordinator Casualty Lines 8302150050 830209
[. PDR ADOCK 05000280 J
e e
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-70 Forming Part of Master Policy N~
Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium N/A For Calendar Year 1979 Effective Date January l, 1979 Annual Premium N/A For Calendar Year 1980 Effective Date April 11, 1980 Annual Premium
$ 980.10 For Calendar Year 1981 Effective Date January 1, 1981 Annual Premium
$1,350.00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium
$1,350.00 Isaue to __
V_i r....:g::..i_n_i_a_E_l e
.... c_t..... r_i_c~&_P_o_w_e_r_C_om-'p'"""a...:.n..:::y __________________ _
Date of IssuAu.. __ D_e_c_e_m_b_er_l_5..::,_l _98_2 ______ _
Endorsement No. ___
l ___ _
ME-S-3 For the Suhscribing Companies ER WHITERS Cou(Jlcrnignccl by----------------
/\\ IITIIOIIIZ*:11 111:1*11*:.~1:NTATl\\'t!
NUclAR ENERGY*. LIABILITY INSU.NCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-70 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4. (a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-240
$124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF-96
$36,000,000 Effective Date of.
To form a part M 70 this Endorsement _Mc.:;a:::..yL.-l:....:,...._.1""'9..,_7.... 9 ________ of Cert if 1 Crlu...twP;;;__i.N.1.1.a.._.___-_________ _
lsaueto Virginia Electric and Power Company Date of J88uo.e __
.:;.D..;;;.ec.:;.e;:;.:m.:.;,;b;;..:e::..:r--'l-=5""',__:.l =-98;;;.;2=--------
For the Subscribing Companies ER WHITERS 2
Endornoment No.-------
Counternignccl by----------------
/1. llTIIOIIIZt:II I (t:1*11t:.~t:l'HAT1n:
ME-S-2
e NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT
- Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $1,350.00 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 (Facility Form) as des-ignated hereon.- N:o Insurance is afforded hereund.er.
John L. Quattrocchi, Vice President-Liability Undenvriting American Nuclear Insurers Effective Date of To form n oart this Endorsement ____
J_a_n_u_a--'ry'---l_,'--1_9_8_3 ____ o(' Certificate No.
Issue to ___),[_j rg j n j a. E 1 ect r i c & Power Company Date of IBBue December 15, 1982 For the Subscrihin~ CompanicR Endornement No. -----'3'------
Counton,i~riecl hy M-70
/
- ,.\\
e MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Certificate No.
M-70 Forming Part of Master Pol icy No.
CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance that the persons ~nd organizations designated in I~em l of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection), herein called the "Master Policy,issued by Mutual Atomic Enerqy Liability Underwriters.
Such insurance as is provided by the Master Policy appl~es, through this certificate, only:
(a) to the insureds identified in Items l and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection
- described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which i5 caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83)
Pil~JC l
(3) e e
which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1.
Named insureds and addresses:
(a) Virginia Electric & Power Company - P.O. Box 26666, Richmond, Virginia 23261 (b)
Item 2.
A~ditional insureds~
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor: Unit 2 of the North Anna Power Station located in Louisa County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-240
$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-96
$31,500,000 Page 2 of Certificate No.
M-70
( b) e The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(l) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2)
Supplementary Endorsement - Waiv~r of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any othei reactor except as follows:
Unit 1 of the North Anna Power Station Item 5.
Limits of Liability:
The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on April 11, 1980 and continuing to the effective date and time of cancellation or tennination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
Item 7.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$1,125,000 Item 8.
Premium payable pursuant to Condition l of the Master Policy for the period from April 11, 1980
$ 980.10 through December 31 following:
Page 3 of Certificate No. M-70_
~~D FOR PAYMENT OF RETROSPECTIV~REMIUMS
, Know,All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations.
The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the "companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a*duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court cost$, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M-70
e The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective April 11, 1.980 eastern standard time.
Virginia Electric & Power Company (Named Insured - Type or Print)
~;z=;-.--i/('7:__,__.....-:,~
(SEAL) of Officer)
J. T. Rhodes, V.P. Administrative Services (Type or ~~ame~ Title of Officer)
Date:
. ~/ /!J'"v I
(Named Insured - Type or Print)
By _____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ___________ _
(Named Insured - Type or Print)
By _____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date=---------~
Page 5 of Cert ifi ca te No. ri:.._ZQ_
0 e
e IN WITNESS WHEREOF, the companies subscribing the Master Policy have ca~sed the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective April 11, 1980 eastern standard-time, and countersigned below by a duly authorized representative.
For the Subscribing Companies of MUTUAL~TDMIC ENERGY LIABILITY UNDE~~~R~
BY: ~..
C:
-. ~~ti
~~~horized Agent
'f/'l Subscribing Compahies 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 Mutua 1 Casualty Company, Long Grove, IL
- 30. 0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 Page 6 of Certificate No. M-70
e e
NUCLEAR ENERGY UABIUTY INSURANCE MUTUAL A'K'OMiC ENERGY UABIUTY UNDERWRITERS ENDORSEMENT TO MASTER POLICY NO. 1 NUCLEAR ENERGY LIABILITY INSURANCE (Secondary Financial Protection)
It is agreed that the first paragraph of Condition 6., PRIMARY FINANCIAL PROTECTION, is amended to read as follows:
Regardless of the number-of policies or contracts of primary financial protection applicable to a nuclear incident, the limit of liability of all such policies or contracts shall be deemed to be exhausted when the sums paid under all such policies or contracts are equal to the lesser of (1-) the sum of the limits of liability available under all such primary financial protection, or (2)_ one hundred sixty million dollars.
Effective Date of May 1, 1979 To form 11 part this Endorsement _____________ o( Master Flo] icy Na 1
Issueto Master Policy which is in the custody of December 15, 1982 Date of Ie.su*e_ _______________ _
For the Subscribing Companies r
8RWilITERS Endorsement No. _--!..l _* ---
ME-S-1 Counternignccl hy ----------------
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I.
Nucl.. r En*rgy Llablllty lnauranoe NUCLEAR ENERGY LIABILffY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. Ji=..ZQ Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year.1978 Effective Date January 1, 1978 Annual Premium _N~/-'-A"-------
For Calendar Year 1979 Effective Date January 1, 1979 Annual.Premium _N.,_/:....:.A _____ _
For Calendar Year 1980 Effective Date April 11, 1980 Annual Premium $3,375.90 For Calendar Year 1981 Effective Date January 1, 1981 Annual Premium $4,650.00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium $4,650.00 tif that this 1S' a true copy o:f the original Tbis is to ~er
. Yo-.,_h endorsement nwnber and being made part Endor3e:.. ~1rlt ha~~n~ ~ ~- b. 1..... Y Policy (Facility Form) as de.s-of tl:ie tJ-1;_;laar.un,:;r:1:,Y ia i i~
fforded hereunder.
1~a ted hereon ~
0
- 0 L£;~ ~~nt*L~cy AmerkanNuclee.r Insur(;rs Elfective Date of this Endorsement ______
a_s___;;;s....;tc..ca~ta.,;ea.,;d=-...:a=b'-o_v_e'--_______ To form a part of Certificate No. N-70 12:01 A.M. Standard Time Issued to Virginia Electric and Power Company Date of Issue December 15, 1982 By_
Endorsement No Counter:iion&d by ________ _
NE-S-3
Nuclear Energy Llablllty Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION
. ENDORSEMENT TO CERTIFICATE NO.
N-70 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4.(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-240
$124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF-96
$ 36,000,000 This is to certify that this is a true copy of the origin~l Endorseme.. 1t havi*1g the endorsement numbei and being made part of the Nuclear Energy Lia.;:iility Policy (Facility Form) as des-ignated hereon. No Insurance is aff'orded hereunder.
~-~-~*
John L. Quettroc:chi, Vice President-Liability Underwriting American Nuclear Ineurers Effective Date of this Endorsement ___ Ma--'y"--l..,...,.,,,,.,.1_9:-:-79~=----:--=.,--------To form a part of Certificate No.
12:01 A.M. Standard Time Issued to Virginia Electric and Po.wer Company Date of Issue December i 5, 1982 Endorsement No _2 ______ _
Countersigned by ________ _
NE-S-2 N-70
f.
- Nuclear Energy Liability lnaurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00
'l'biil is to certify that this is a 1:rue oopy o:f the original Endorsement having the endorseinenc au.aber and being made part ot the Nuclear Energy Liability Policy (Facility Form I as des-ignated hereon. No Insurance* is afforded hereunder.*
John L. Quat.trocchi, Vice President-Liability Underwriting American Nuclew-Insurers Effective Date of
,,/
1n1s Enaor:sement. ____ ~J~a~n~u~a..... ry_r.-1~, _]L,9~8.L,3~..-------To form a part of Cert,* fi" cate N-70 12:01 A~. st,ndard Time lssut:d lo Vj rgjnja Electric & Power Company Date of ls:sue December 15 2 1982 Endorsement No 3
Counterslonad by ________ _
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Certificate No. N-70 Forming Part of Master Policy No.
1 CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the ~aster Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the 11Master Policy 11,issued by Nuclear Energy Liability Insurance Association.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) 'for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and*
(2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1 /1 /83)
Page 1
ee
( 3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage ca_used by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1.
Named insureds and addresses:
(a)Vi*rginia Electric & Power Company - P.O. Box 26666, *Richmond, Virginia 23261 (b)
Item 2.
Additional insureds:
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3. *Description and location of nuclear reactor: Unit 2 of the North Anna Power Station located in Louisa County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-240
$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-96
$31,500,000 Page 2 of Certificate No. N-70
(b)
The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate.as though they were attached hereto:
(1)
Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) abo~e are not shared with any other reactor except as follows:
Unit l.of the North Anna Power Station.
Item 5.
Limits of Liability: The amount of retrospective premium actually receiv~d by the compapies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:0l a.m. on April 11, 1980 t*'. and continuing to.the ~ffective date and time of cancel-lation or termination of the Master Policy or this certificate, 4
- whichever first occurs, eastern standard time.
Item 7.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
Item 8.
Premium payabl~ pursuant to Condition l of th~ Master Policy for the period _from Apri 1 11, 1980
$ 3,375.90 through December 31 following:
Page 3 of Certificate No. N-70
r BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations.
The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the 11 companies 11
) to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due. and payable or other
- evidence of ~such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever:
kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording thts agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. N-70
fll The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective April 1,1, 1980 eastern standard time.
Attest or Witness
. Named Insureds:
Virginia Electric & Power Company (Named Insured - Type or Print)
.~
Officer)
V.P. Administrative Services (Named Insured - Type or Print)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ___________ _
(Named Insured - Type or Print)
By _____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ----------
P~ge 5 of Certificate No.N-70~
ee IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective April 11, 1980 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of
. ~
NUCLE~NERGY LIABILITY INSURANCE ASSOCIATION Ji:::,*
()
~.. BY:**~~
Burt C. Proom, President Countersigned Page ~6-of Certificate No. N-70
e e
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-63 Forming Part of Master Policy N~
Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium
$1,350.00 For Calendar Year 1979 Effective Date January 1, 1979 Annual Premium
$1,350.00 For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium
$1,350.00 For Calendar Year 1981 Effective Date JaQua~~ 1. 1981 Annual Premium
~.1,3!)0.00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium
$1,350.00 Virginia Electric & Power Company Isaue to-------------------------------------
Date of IBBuu.e ---=D:.::e:.::c:.:::e~m=-b=-e.:...r _l;....;5:...,'--'-1""'9=-8=-2 ------
For the Subscribing Companies M~AL ATqMIC ENERG: LIA By
~-_,.;::::. __ __._~-4J:..,.~~~~-==~q:_.~~
ERWHITERS Endorsement No. -------
1 CountcrAignccl by----------------
/1. llTII 01111.* :11 ( ! *:1*111:.*o:NTATI n:
ME-S-3
NUC,AR ENERGY LIABILITY INsu&cE MUTUAL ATOMIC ENERGY, LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-63 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4. (a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association 1 s Policy NF-240
$124,000,000 Mutual Atomic Energy Liability Underwriters*
Policy MF-96
$36,000,000 Virginia Electric & Power Company lsaue to-------------------------------------
Date of lsauo.-_D_e_c_e_m_be_r_l_5_,_1_9_8_2 ______ _
For the Subscribing Companies ER WHITERS EndorR-Oment No. __
2 ____ _
Counternigncd by ----------------
A llT II OIIIZl:11 I 11:1*111:.~1:NTA Tl n:
ME-S-2
e NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $1,350.00 Thie is to certify that this i Endorsement having the endor"' s a ttrue copy o:f the original
.,,. th N 1
"'8!11en number and b i
~.1.
e uc *ear Energy Liabilit p.,
e ng made part ignated hereon..No Insurance i~ a~;icdy (Facility Form) as des-
.i..i. or ed hereunder.
John~- Quattrocchi, Vice President-Liability Underwriting American Nuclear Insurers Effective Date of To form n oart this Endorsement ____
J_a_n_u_a...,ry~l~, _1_9_8_3 ____ o( Gerti fi cate No.
M-63 Issue to _ __:.V.....:i--=r--==g~i...:..n:...:.i-=a~E...:..1-=e~c~t_:_r_:_i.::..c.....:&~P.....:o:.:.w.:.:e:.:.r__:.C.....:o.:...m.!..p_a.:...n...!..y ___________________ _
Date of Issue December 15, 1982 For the SuhHcrihin~ Companies Endorncment No. ----"3 ___ _
CounlerHi~ned by A l/TII 01(1"/.f:P J ! f:l'Uf:,n;NTATI n:
e MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Certificate No.
M-63 Forming Part of Master-Policy No.
CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance that the persons ~nd organizations designated in Item l of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the "Master Policy", issued by Mutual Atomic Eneq:iy liability Underwriters.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate-period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition*
6 of the Master Policy, and (2) which is caused during the certificate* period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83)
\\.
(3) which is discovered and for which written claim is made against the insured not later than-ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item l.
Named insureds and addresses:
(a)
(b)
Virginia Electric & Power Company - P.O. Box 26666, Richmond, Vi rgi ni a 23261 Item 2.
Ac;jditional insureds:-
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor:
Unit l of the North Anna Power Station located in Louisa County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Pol icy NF-240
$108,500, 000 Mutual Atomic Energy Liability Underwriters' Policy MF-96
$31,500,000 Pa9e 2 of Certificate No. _M:Jil
l t:,,
.~**
e (b)
The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(l) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2)
Supplementary E°ndorsement - Waiver of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) ibove are not shared with any other reactor except as follows:
Unit 2 of the North Anna Power Station Item 5.
Limits of Liability:
The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, H any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on November 26, 1977
,,.I,.'.~
and continuing to the effective date and time of cancellation rir termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
Item~'?.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable purs~ant to Condition 2 of the Master Policy with respect to each nuclear incident:
$1,125,000 Item 8.
Premium payable pursuant to Condition*l of the Master Policy for the period from November 26, 1977 133. 20 through December 31 following:
Page 3 of Certificate No. M-~6~3'--_
~D FOR PAYMENT OF RETROSPECTIV~REMIUMS
- Know.All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the 11companies 11
) to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due a!Jd payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court cost$, and counsel fees) which the companies may sustain or incur (l) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M-63
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured 1s obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be sign~d and sealed by a duly authorized officer, to be effective November 26, 1977 eastern standard time.
Virginia Electric & Power Company (Named Insured - Type or Print)
By
(]._,_ r. /f&/1/;.,;
(SEAL)
(§°~r; of 5ffi cer)
J. T. Rhodes, ~~P. Administrative Services Ee..
{Type o~~t Nam~& Title of Officer)
Date:
. 'p-/ 'fj V
- 7 I
(Named Insured - Type or Print)
By _____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date=------~-~-~~~
(Named Insured - Type or Print)
By ______________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Off~cer)
Date: ----------
Page 5 of Certificote No.~-~~
e IN WITNESS WHEREOF, the companies subscribing the Master Policy have caijsed the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective November 26, 1977 eastern standard-time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UN~E~
BY:~-~-~ 'l,1
~horized Agent
~~
Subscribing Compahies PROPORTION OF 1DO%
American Mutual Liability Insurance Company, Wakefield, MA 15.0000000
- Empl ayers Insurance of Wausa_u, A Mutua 1 Company, Wausau, WI
- 15. 0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutua 1 Casua 1 ty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 Page 6
of Certificate No. M-63
e NUCLEAR ENERGY UABIUTY iNSURANCE MUTUAL ATOMIC ENERGY UABIUTY UNDERWRITERS.
ENDORSEMENT TO MASTER POLICY NO.
NUCLEAR ENERGY LIABILITY INSURANCE (Secondary Financial Protection)
It is agreed that the first paragraph of Condition 6., PRIMARY FINANCIAL PROTECTION, is amended to read as follows:
Regardless of the number-of policies or contracts of primary financial protection applicable to a nuclear incident, the limit of liability of all such policies or contracts shall be deemed to be exhausted when the sums paid under all such policies or contracts are equal to the lesser of (l) the sum of the limits of liability available under all such primary financial protection, or (2) one hundred. sixty million dollars.
Effective Date of M
1 1979 To form a part this Endorsement __
a_y __
, _________ of Master Policy Na J
IBBueto Master Policy which is in the custody of tb.e..JitLc]ear Reg11Jatacy Cammisdon Endorwment No.----!.----
ME-S-1 Counternignccl hy ----------------
/\\ UT II OHi :r.t:11 11 f:t*ut:.~ t:NTA Tl \\'t:
Nuclear Energy Llablllly ln1ur11nce NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-63 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
. ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicdble to the periods designated below are as follows:
For Calendar Year.1978 Effective Date January 1, 1978 Annual Premium $4,650.00 For Calendar Year 1979 Effective Date January 1, 1979 Annual -Premium $4,650.00 For Calendar Year 1980 Effective Date January 1~ 1980 Annual Premium $4,65U.Ou For Calendar Year 1981 Effective Date J~nuan7-l 1981 Annual Premium :t>4,65U.00 For Calendar Year 1982 Effective Date Jrnuar0 ld 1982 Annual Premium 4, 65.O f the original
- f that this is a true copy o This 1s* to cert1 Y d rsement number and being made part Endorse.,..-,r,~t hav_,,1n~ t_heL~nb?litY Policy (Facility Form) as des-
'.. **1* iner""Y" ia 1 d
of the H,V;....,...
~**
e is afforded here er.
ignated hel'eon. No Insuranc
- -g.
..,. Underwriting
. v* President-L\\alJuity
~hi ice John~.:.,.. Nuc\\ear l~surers Amen.-,
Effective Date of N-63 this Endorsement ____
--=--=a-:s:-:---:-s--:-t-:-a_t:::-e-:--d-"'.ab,--
0v-:--;;:e.,...-------To form a part of'. Certificate No.----
12:01 A.M. Standard Time Issued to Virginia Electric & Power Company oa*te of Issue _D_e_c_e_m_b_e_r_l_5_,_1_9_8_2_
Endorsement No 1
Counterslgn&d by ________ _
NE-S-3
Nuclear Energy Liability lnaunance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO.
N-63 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4.(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-240
$124,000,000 Mutual Atomic Energy Liability Underwriters'
. Policy MF-96
$ 36,000, 00~
is a true copy of the origlna.
This i s to certify that th1S.
nt nu,nber and being made part.
th dor.. e*11e, d
Endorsement hav;ng
~::bil;t; Policy (Facility Form) as es-of the Nuclear Energy 1 af'forded hereunder.
igna ted hereon. N.o Insurance s
\\ ~.~~-....
~
---": Vice President-Uabili John L, Quattr~,
American Nuclear Insurers Effective Date of.
this Endorsement May 1, 19 79 To form a part of Certificate No.
12:01 A.M. Standard Time Issued to Virginia Electric & Power Company Date of Issue December 15, 1982 Endorsement No ___
2 _____ _
Counterslgn&d by ________ _
NE-S-2 N-63
" ' i
NuclNr Energy Liability lnaurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00
'l'h1ri is to certify tha"t this is a c:,,1;1 l.lU.PY oi.' the original Endorsement having the endo.r:,e",o *.~.1J.J°l>er and being made part oi' the Nuclear Energy Lial>i :.ltJ to l.i.::,,1 {Facilii;y Form) as des-ignated hereon *.No Insurance 1s aif'orded hereunder.
John !,i, Quattrocch;, Vice President-Liability Underwrit' Amer1ta11 Nuelee.r Insurers mg Effective Date of tn1s Enaor3ement Jarniart1 l, 1983 E.12:01 A.
. SU11ndard Time To form a part of Certificate N-63 lssut:d to
- V1rg1n1a lectr1c & ~ewer Company Date al l:.:sui, December 15, 1982 Endorsement No 3
Counterslonsd by ________ _
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Certificate No. N-63 Forming Part of Master Policy No.
CERTIFICATE OF INSURANCE DEC~ARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item l of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the 11Master Policy 11,issued by Nuclear Energy Liability Insurance Association.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and*
(i) which is caused during the certificate period stated in Item 6 of the Declarations'by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83)
Page 1
(3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item].
Named insureds and addresses:
(a) Virginia Electric & Power Company - P.O. Box 26666, Richmond, Virginia (b) 23261 Item 2.
Additional *insureds:
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor: Unit 1 of the North Anna Power Station lo.cated in Louisa County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-240
$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-96
$ 31,500~000 Page 2 of Certificate No. N-63
ee (b)
The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1)
Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2) Supplementary Endorsement Waiver of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor ~xcept as follows:
Unit 2 of the North Anna Power Station Item. 5.
Limits-of Liability: The amount of retrospective premium actually received by the compaDies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on November 26, 1977 r
- an~. continuing to, the 'effective date and time of cancel-lation or termination of the Master Policy or this certificate,-.
-whichever first occurs, eastern standard time.
Item 7.
Maximum retrospective premium (exclusive of allowance fa~ premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
Item 8.
Premium payable pursuant to Condition l of the Master Policy for the period from November 26, 1977 through December 31 following:
$ 460. 35 Page 3 of Certificate No.N-63
BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations.
The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association: subscribing the Master Policy (hereinafter called the 11companies 11
) to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first I
named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other
- evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indem~ify the companies against any and all liability, losses and expenses of whatsoever, kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or pro_visions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
- Page 4 of Certificate No. N-63
v' The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured 1 s obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provfded in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective November 26, 1977 eastern standard time.
Attest or Witness Named Insureds:
Virginia Electric & Power Company (Named Insured - Type or Print)
By a.r ~
(SEAL)
~re of Officer)
J. T. Rhodes, V.P. Administrative Services (Type or Prin Name &/Title of Officer)
Date:
'2-- /8'7--
I I
(Named Insured - Type or Print)
By ____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title-of Officer)
Date: ------------
(Named Insured - Type or Print)
By _____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ----------
Page 5 of Certificate No.N-63
' i IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective November 26, 1977 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of
~
NUCL~:GY UABIL!TY INSURANCE ASSOCIATION
~~~-
bBY:
. ~
B t C,....--=-P-r-oo_m_,--=p-r_e_s.,...i d..,..e_n_t _____
Page ~6-of Certificate No. N-63 J
.1 ee ee NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-28 Forming Part of Master Policy N~
Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium
$1,350.00 For Calendar Year 1979 Effective Date January 1, 1979 Annual Premium
$1,350.00 For Calendar Year 1980 Effective Date January 1, 1980
_Annual Premium
$1,350.00 For Calendar Year 1981 Effective Date.January 1, 1981 Annual Premium
$1,350.00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium
$1,350.00 Virgt&ia Electric & Power Company lsaue to-------------------------------------
Date of IBBu,,__D_e_ce_m_b_e_r_l_5_,_1_9_8_2 _______ _
For the Subscribing Companies ERWHITERS Endorscment No. ---.L.----
Counternignccl by ----------------
A IITIIOICl1.f:IJ I !t:l'llt:.~t:NTA Tl n:
ME-S-3
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-28 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4. (a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association 1s Policy NF-186
$124,000,000 Mutual Atomic Energy Liability Underwriters*
Policy MF-57
$36,000,000 Effective Date of To form a part this Endorsement -*-'M'--"a::..y,...__l'-',......__.l....::9'-'-7..:e;9 ________ o( Ce rt if 1 ca te Na M-28 Isaueto Virginia Electric & Power Company December 15, 1982 Date of IBBU0-----------------
For the Subscribing Companies ER WHITERS 2
EndorB<Jment No.-------
CountcrAignccl hy ----------------
/\\ llTII 01<11.1:11 J h:1*111~~1:rnA Tl n:
ME-S-2
ee NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period desigQated above is: $1,350.00
'fhis is to certify tha"t this is a -crud uopy of' the original E dorsement having the endorsement :1ur,1ber and being r.1ade part 0 ~ the Nuclear Energy Liability Polley- (Facility Form) as des*
i~ated h~~: ~n;;;;;;j*d here~er.
John L. Quattrocchi, Vice President-Liability Underwriting American Nuclear Insurers Effective Date of To form n nurt this Endorsement ____
J_a_n_u_a---'ry,__1-"-, _1_9_8_3 ____ of, Certificate No.
Issueto Virginia Electric & Power Company Date of Issue December 15, 1982 For the Suhsc:rihin~ CompnnieR Endornement No. ----=3'-----
Cou n ti,rni~ned hy M-28 11 llT II OICI l.t:11 f ( f:1*1n:,u:NTA Tl n:
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Certificate No.
M-28 Forming Part of Master Policy No.
CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item l of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the "Master Policy", issued by Mutual Atomic Enerqy Liability Underwriters.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items l and 2 of the Declarations, (b) for the certificate.period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83)
Pil~C l
(3) which is discovered and for which written claim is made against the insured not later than -ten years after the end of the certificate period stated in Item 6 of the Declarations.
However. with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1.
Named insureds and addresses:
(a)
(b)
Virginia Electric & Power Company - P.O. Box 26666, Richmond, Virginia 23261 Item 2.
Adpitional insureds:.
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor:
Unit 2 of the Surry Power Station located in Surry County, Virginia Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-186
$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-57
$31,500,000 Page 2 of Certificate No. _Mca_
-~*
(b)
The following endorsements. attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(l) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2)
Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit 1 of the* Surry Power Sta.ti on Item 5.
Limits of Liability:
The amount of retrospective premium actually received.by the companies plus the amount of the companies' con-tingent liability, i-f any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on the first day of August, 1977 and continuing to the effective date and time of cancellation o"r termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
Item 7.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$1,125,000 Item 8.
Premium payable pursuant to Condition l of the Master Policy for the period from August 1, 1977
$ 565. 65 through December 31 following:
Page 3 of Certificate No. M-_2_8~-
e &o FOR PAYMENT OF. RETROSPE.&EMIUMS
, Know.All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations.
The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the "companies") to 'pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may_be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the. companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies -of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds wi 11 indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court cost$, and counsel fees) which the compan,es may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master.Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M-28
/.: :
1, The preceding Certificate of Insurance, Declarations and Bond fonn a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured 1 s obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed ar:d sealed by a duly authorized officer, to be effective August 1, 1977 eastern standard time.
Virginia Electric & Power Company (Named Insured - Type or Print)
By rb :;: ~
(SEAL)
-+/-£~
V f'S'1 gna ture of Officer)
J. T. Rhodes, V.P. Administrative Services**:
(Type oq;int ;re & Title of Officer)
Date:
. *Z/ B--z..-,
(Named Insured - Type or Print)
By ____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: -------------
(Named Insured - Type or Print)
!3y ______________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ----------
Page 5 of Gertific~te No. f'.!:_2_~_
\\ --
. IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1, 1977 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of Subscribing Compahies
~ROPORTION'OF 100%
American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausa_u, 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 Mutua 1 Company, Stevens Point, WI
- 5. 0000000 Page 6
of Certificate No. M-28
e.e*
- ee f\\iUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENER.:;Y LIABILITY UNDERWRITERS ENDORSEMENT TO MASTER POLICY NO. 1 NUCLEAR ENERGY LIABILITY INSURANCE (Secondary Financial Protection)
It is agreed that the first paragraph of Condition 6., PRIMARY FINANCIAL PROTECTION, is amended to read as follows:
Regardless of the number of policies or contracts of primary financial protection applicable to a nuclear incident, the limit of liability of all such policies or contracts shall be deemed to be exhausted when the sums paid under all such. policies or contracts are equal to the lesser of (l*) the sum of the limits of liability available under all such primary financial protection, or (2) one hundred sixty million dollars.
Effective Date of M
1 1979 To form a part this Endorsement, __
a_y __
, ___ --'--______ of Master Policy Na J
v*
EndorB-Oment No. __
l,__ ___ _
ME-S-1 Counternignecl by---*-------------
/lt1T1101uz,:11 J t1:1*11*~~1:NTATl\\'I:
NuclNr Energy Liability lnauranc.
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-28 Forming Part of Master Policy N~
Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date Januar_y 1, 1978 Annual Premium $4,650.00 For Calendar Year 1979 Effective Date January 1, 1979 Annual -Premium $4,650.00 For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium $4,650.00 For Calendar Year 1981 Effective Date JanuaDT.l, 1981 Annual Premium $4,650.00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium $4,650.00 Thi& 1s to certify that this is a T.rl\\a copy of the original Endorsement having tne endo : :,...J
- Jer and being made part 01 :;he Nuclear Energy Lia.,.
- "*'. u *.,.;J (Facility Form) as des-ignated hereon. No I;.
uranu*e,.. *. u...1...... u.1*ddd hereunder.
. ~. ~~~~(-1 Johr, L. Ou:n:tr=clii* v*
--~
!Ce Prec*d,* r. b I" America.'" Nu.er..,,,,. r ~,
.,, et c-,..,~a iuty Um:Je.mim.e
- V".J.,,,;,,.. ~~ili wl Effective Date of this Endorsement as stated above N-28 To form a part of Certificate No.----
12:01 A.M. Standard Time Issued to Virginia Electric & Power Company Date of Issue __D._ecember 15, 1982 Endorsement No l
Countersigned by ________ _
NE-S-3
Nuclear Energy Liability lnaunince NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-28 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4.(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy -~iability Insurance Association's Policy NF-186
$124;000,000 Mutual Atomic Energy Liability Underwriters' Policy MF-57 e co}:>"j &Ji ~@Og:flIDglinal f
tha-C tnts is a. "tru d being inade part This :ts to oerti. y the endor**ai:ie1.1G ii...,.,10:r a_n F
m) as de.s-i E dorsement having,
.. *..,. ;/ J?ol:.1.cY {2acilitY or nf the Nuclear Energy Lia.ii.-.,~"'.,*i-*"'o:cded hereunder.
o N Insurance :Lo a..i..L ignated hereon. o
~~.~-
John L. Quattrocchi. Vice President-Liability Underwnting American Nuclear Ill8Ul'ers Effective Date of this Endorsement May 1, 1979 To form a part of Certificate No.
12:01 A.M. Standard Time Issued to Virginia Electric & Power Company Date of Issue December 15, 1982 2
Endorsement No --------
Countersigned by ________ _
NE-S-2 N-28
ee Nuclear Energy llablllty lnauranoa NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00
'1'1,i1:1 1s to certify that th1S 1s a true copy of tbe original Endor::ieruent ha.vine; the endorsement nuplber and being made part of the iruclear Energy Liability Policy (Facility Form) as des-igna 1;ed hereon. No Insurance is afforded hereunder.
John L. Quattrocchi, Ville Preaident-Ll!ibllity UnsieFWritlng American N~cleu lnsurel'IS Effective Date of in,s Enaorsement ____
-!r'*ff~:8~~1~1:-1-:+,t.,.-1;Js~ia:-:~J...J~a8~r~~Tl:--:m-e ______ To form a part o{ Certi fi cate _ _..N,_--=2..,..8 ___
lssutd to Vi rqinia Electric & Power Company Date of Ill sue December 15 2 1982 Endorsement No ____
3 ___ _
Counterslonad by _______ _
ee NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Certificate No. N-28 Forming Part of Master Policy No.
CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance 1
This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the "Master Policy 11,issued by Nuclear Energy Liability Insurance Association.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury*or property damage (1).with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition
- 5 of the Master Policy, and*
(2) which is caused during the certificate pertod stated in Item 6 of the Declarations by a nuclear incident arising out of of' in connection with the nuclear reactor described in Item 3.of the Declarations, and NSFC-1 (l/1/83)
Page 1
ee (3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3).shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1.
Named insureds and addresses:
(a) Virginia Electric & Power Company... P.O. Box 26666, Richmond, Virginia 23261 (b)
Item 2.
Additional insureds:
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor: Unit 2 of the Surry Power Statio1 1 ocated in Surry County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-186
$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-57
$31,500,000 Page 2 of Certificate No. N-28
ee (b)
The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(l) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2)
Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit l of the Surry Power Station.
Item 5.
Limits of Liability:
The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on the first day of August, 197I*'. and continuing to the ~ffective date and time of cancel-1 I
lation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
Item 7.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
Item 8.
Premium payable pursuant to Condition l of the Master Policy for the period from August 1, 1977
$1, 948. 35 thro_~gh December 31 fo 11 owing:
Page 3 of Certificate No.N-28
ee BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, _that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations.
The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the 11companies 11
) to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first I
named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other
- evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenahts or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
- Page 4 of Certificate No. ~8-
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August l, 1977 eastern standard time.
Attest or Witness Named Insureds:
Virginia Electric & Power Company (Named Insured - Type or Print)
By
-~ /f:?~ (SEAL)
~nature of Officer)
J. T. Rhodes, V.P. Administrative Services (Type or P7.*nt N"J':e & Title of Officer)
Date: q Zf@Z-I
'7 (Named Insured - Type or Print)
By _______________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title* of Officer)
Date: ------------
(Named Insured - Type or Print)
By _____________ (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ----------
Page 5 of Certificate No.N-28
ee
.)
IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1, 1977 eastern standard time, and countersigned below by a duly_authorized representative.
Attest or Witness For the Subscribing Companies of Page _6~ of Certificate No. _N_~_B~~
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL "ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-27 Forming Part of Master Policy NO:-,
Nuclear Energy Liability Insurance (Secondary Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium
$1,350.00 For Calendar Year 1979 Effective Date January 1, 1979 Annual Premium
$1,350.00 For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium
$1,350.00 For Calendar Year 1981 Effective Date.January 1, 1981 Annual Premium
$1,350.00 For Calendar Year 1982 Effective Date January 1, 1982 Annual Premium
$1,350.00 Effective Date of To form a part M 27 this Endorsement __
as_s_t_a_t_e_d_a_b_o_v_e ______ of Certificate No*
V-irgiffla Electric & Power Company Isaue to-----------------------------------
Date of Isauu.__D_e_c_e_m_b_e_r_l_5-=--1_9_8_2 ______ _
For the Subscribing Companies ERWHITERS 1
Endorsement No.-------
CounlcrRignccl hy ----------------
/1. UTII 01117.*:II I ( t:1*111:,0:NTA TIV.:
ME-S-3
l, t
MUTUAL ATOMIC ENERGY, LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.
M-27 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4. (a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-186
$124,000,000 Mutual Atomic Energy Liability Underwriters' Po 1 icy MF-57
$36,000,000 Virginia Electric & Power Company lsaue to-------------------------------------
Date of lsaut,__D_e_c_em_b_e_r_l_5_,_1_9_8_2 _______ _
EndorB-Oment No. __
2 ____ _
ME-S-2 For the Subscribing Companies ERWHITERS Counternignccl by----------------
/\\ IIT II 01<11.t:1, f h:1*1n:.~ t:NTA Tl n:
ee j
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $1,350.00 This is to certify that this is a true copy o:f the original Endorsement having the endorsemm.Yc nu.nber and being made part of the Nuclear Ener6y Lia1JilitJ Policy (Facility Form) as des-ignate*\\er~on: No Insurance is a orded hereunder.
~~.
John L. Quattrocchi, Vice President-Liability Underwriting American Nuclem" Insurers Effedive Date of To form n oart this Endorsement ____
Ja_n_u_a_r....::y_l--=,_1_9_8_3 ____ o{' Certificate No:
M-27 Virginia Electric & Power Company Issue to--------------------------------------
Date of Issue December 15, 1982 For the Subscribing CompnnicR Endorncment No. ___
....::3:._ __ _
Countersigned hy
/\\ l!TJ I Oltl:t.t:11 I! t:1*rn:,n:NT,\\ Tl \\'t:
.,:~-.~
\\\\: ee, MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Certificate No. _M_-_2~7~~~-
Forming Part of Master Policy No.
CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item l of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the "Master Pol icy", issued by Mutual Atomic Ener!=IY Liability Underwriters.
Such ins~rance as is provided by the Master Policy applies, thr6ugh this certificate, only:
(a) to the insureds identified in Items l and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) t6 bodily injury or property damage (1) with respect to which the primary financial protection de~cribed in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83)
Pa9c l
(3) which is discovered and for which written'claim is m~de against the insured not later than *ten years after the end of the certificate period stated in Item 6 of the Declarations.
However. with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Deel ara ti ons Item 1.
Named insureds and addresses:
(a) Virginia Electric & Power Company - P.O. Box 26666, Richmond, Virginia 23261 (b)
Item 2.
Ad9itional insureds:-
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor:
Unit 1 of the Surry Power Station located in Surry County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Pol icy NF-186
$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-57
$ 31,500,000 Page 2 of Certificate No. _M:zL
)
(b)
The following endorsements, attached to the erimary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2)
Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c)
The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:
Unit 2 of the Surry Power Station Item 5.
Limits of Liability:
The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, i-f any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on t~e first day of August, 1977 and continuing to the effective date and time of cancellation or termi-nation of the Master Policy or this certificate, whichever first occurs, eastern standard time.
It;~~7.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$1,125,000 Item 8.
Premium payable pursuant to Condition l of the Master Policy for the period from August 1, 1977
$ 565.65 through December 31 fo 11 owing:
Page 3 of Certificate No. M-_2_7~-
ee.m FOR PAYMENT OF RETROSPEceaEMIUMS
~ Kn'ow;All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here~
inafter called the 11companies 11
) to pay to the companies all retrospective premiums and allowances for premium taxes which shall b_ecome due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such* amounts due aDd payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court cost~, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and*
(2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covena~ts or provisions; For.the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No. M-27
_}
The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1, 1977 eastern standard time.
Virginia Electric & Power Company (Named Insured - Type or Print)
By (}:.,, r ~
(SEAL)
~ignature of Officer)
J. T. Rhodes, V~P: Administrative Services (Type or Print Name & Title of Officer)
Date: t?!./? / / ~ '2.-,.,
- _;-I I I ~~
(Named Insured - Type or Print)
(SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ------------
(Named Insured - Type or Print)
By ______________ (SEAL)
(Signature of Offi~er)
(Type or Print Name & Title of Officer)
Date: ----------
Page 5 of Certificate No. M-2] __
. ) * *..... "I
- ee
}N WIJNESS WHEREOF, the companies subscribing the Master Policy have ca;ised the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August l, 1977 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Countersigned by
~BY:~~r&:7Ag~§2~
w~
tive Subscribing Compa~ies 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 Mutua 1 Company, Stevens Point, WI
- 5. 0000000 Page _6~- of Certificate No. M-27
Effective Date of Nuclur Energy Llablllty Insurance NUCLEAR ENERGY LIABILITY INSURAHCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-27 Forming Part of Master Policy N~
Nuclear Energy Liability Insurance (Secondary.Financial Protection)
ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:
For Calendar Year *1973 Effective D~te iiniitr.oTI' 1978 Annual Premium __, __. ____ _
For Calendar Year 1979 Effective Date January 1, 1979 Annual-Premium $4,650.00 For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium $4,650.00 For Calendar Year 1981 Effective Date Januarr-1, Annual Premium $4,65.00 1981 For Calendar Year 1982 Effective Date Janua:cr, 1, Annual Premium $4,65.00 1982 Th~s 1s to cert1:fy that this is a true co Enaorse1H0nt having the end t
PY o:f the OrI<:inal or semen number and be.. ?
~
0
.ne Nu dear Energy Liability Poli
\\
, ***,,:, part lt,;ua Lcid LJerc::on. No Insur~n,e.....
+>
cy (Fac2l1 ty Eu.,*..
,.;_;:; des-ci.l l..;
1..., a.1.:forded hereunder.
~~-~-U-~h Johr. ~- Qunttroo~hi: Vi~<! Pr~de:ot-~'1fi U*-1 Amencan NucJ~ Jnst,rers
"**JI.,.,.~~g this Endorsement as stated above N-27 To form a part of: Certificate No. ----
12:01 A.M. Standard Time Issued to Virginia Electric & Power Company Date of Issue December 15, 1982 Endorsement No Countersigned by _________ _
NE-S-3
- v' Nuclear Energy Llablllty lnaunmce NUCLEAR ENERGYUABILITY INSURANCE ASSOCIATION
. ENDORSEMENT TO CERTIFICATE NO.
N-27 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)
It is agreed that Item 4.(a) of the Declarations is amended to read as follows:
Item 4.(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-186
$124,000,000 Mutual Atomic Energy Liability Underwriters' Th:ti!r.icto ~rt?{y -cn::,t*c -i;hj_;s is a "CY.'U<cl e~ypQ)i)0.@si00_!hginal
- h "r - nd * ** i*..,~ n1ade part Endorseme,.1c navi:*: 6,;11e e11uor_:0... :.u., a.uL.1"'. "-**
u.,,
- .,5 of the Nucloar* "2.neL'&;;/ LlabiHcy PoUuY (li1acilit.y Form) as des-ignated hereon. No~
Ins=~ :Ad~.
. *
- Un<lervm ng b" Vice President-L1abilitY John L. Qua 1
American Nuclear Insurers Effective Date of this Endorsement May 1, 19 79 To form a part of Certificate No.
12:01. A.M. Standar.d Time Jssuedto V1rgrn1a Electric & Power company Date of Issue December 15, 1982 Endorsement No ____ 2 ____ _
Counler!llgned by ________ _
NE-S-2 N-27
- NuclNr Energy Liability lnaurance NUClEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:
It -is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 Thia is to certify that this is. a true co:py o:f the original Endorsement having the endorsement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as des-i~;T1ated hereon. No Insurance is afforded hereunder.
John L. Quattrocchi, Vice President-Liability Underwriting American Nucloor Insurers Effective Date of in,s Enaorsement ____ ~J="an~ua~r...,':J.."'"=-]1=,,e.-.J]~9u.8.u3~,__------To form a part of Certificate N-27 12:01 A:i.1. Standard Time lssutd to Vi rgioia Electric & Power* Company Date of Issue December 15 2 1982 Endorsement No ____ 3 ___ _
Countersloned by ________ _
-~ **
ee NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Certificate No. N-27 Forming Part of Master Policy No.
CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance 1
This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -
Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the 11Master Policy 11,issued by Nuclear Energy Liability Insurance Association.
Such insurance as is provided by the Master Policy applies, through this certificate, only:
(a) to the insureds identified in Items l and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) *with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and*
(2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or* in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83)
Page 1
ee (3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.
However, with respect to bodily injury or property damage
- causeq by an extraordinary nuclear occurrence this subparagraph (3).shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of-the extraordinary nuclear occurrence.
Declarations Item 1.
Named insureds and addresses:
(a) Virginia Electric & Power Company - P.O. Box 26666, Richmond, Virginia 23261 (b)
Item 2.
Additional insureds:
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
Item 3.
Description and location of nuclear reactor: Unit l of the Surry Power Station located in Surry County, Virginia.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit(s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-186
$108,500,000 Mutual Atomic Energy Liability Underwriters' Pol icy MF-57
$ 31,500~000 Page 2 of Certificate No. N-27
I (b)
The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto:
(1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2} Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c}
The limits of liability provided under the primary financial protection specified in Item 4 (a} above are riot shared with any other reactor except as follows:
Unit 2 *of the Surry Power Sta ti on *.
Item. 5.
Limits of Liability: The amount of retrospective premium actually received by the compa!']ies plus the amount of *the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.
Item 6.
Certificate Period:
Beginning at 12:01 a.m. on the first day of August, 1977'* and continuing to the 'effective date. and time of cancel-lation or termination of the Master Policy or this certificate,
-whichever first occurs, eastern standard time.
Item 7.
Maximum retrospective premium (exclusive of allowance for premium taxes}
payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
~tern 8.
Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1, 1977
$1,948.35 through December 31 following:
Page 3 of Certificate No.N-27
BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations.
The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the 11companies 11 ) to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed.
from time to* time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment t~ereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2. of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other
- evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; J
For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
- Page 4 of Certificate No. N-27
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The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy.
Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named*insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August l, 1977 eastern standard time.
Attest or Witness Named Insureds:
Virginia Electric & Power Company.
By lf d,~~nt) (SEAL)
Ce{ignature of Officer)
(Type or Pr~t N~ & Title of Officer)
Date: q
- ?J :B '--'
I (Named Insured - Type or Print)
By (SEAL}
(Signature of Officer)
(Type or Print Name & Title-of Officer)
Date: ------------
(Named Insured Type or Print)
By (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date: ----------
Page 5 of Certificate No.N-27
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IN WITNESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1, 1977 eastern standard time, and countersigned below by a duly authorized representative.
Attest or Witness Page -~6 of Certificate No. N-27