ML18151A673

Forwards Certified Endorsements to Ani/Maelu Nuclear Liability Insurance Policies for Surry & North Anna Power Stations

ML18151A673
Person / Time
Site:	Surry, North Anna
Issue date:	02/22/1994
From:	Bowling M VIRGINIA POWER (VIRGINIA ELECTRIC & POWER CO.)
To:	Office of Nuclear Reactor Regulation
References
94-105, NUDOCS 9403040343
Download: ML18151A673 (59)

Text

I 1

e VIRGINIA ELECTRIC AND POWER COMPANY RICHMOND, VIRGINIA 23261 February 22, 1994 Director of Nuclear Reactor Regulation United States Nuclear Regulatory Commission Washington, D. C. 20555 Gentlemen:

VIRGINIA ELECTRIC AND POWER COMPANY SURRY POWER STATION UNITS 1 AND 2 NORTH ANNA POWER STATION UNITS 1 AND 2 NUCLEAR LIABILITY INSURANCE ENDORSEMENTS Serial No.94-105 NL/RBP Docket Nos. 50-280 50-281 50-338 50-339 License Nos. DPR-32 DPR-37 NPF-4 NPF-7 Pursuant to 1 O CFR 140.15, Virginia Electric and Power Company is submitting 38 certified endorsements to ANI/MAELU Nuclear Liability Insurance Policies for Surry and North Anna Power Stations.

A summary of the submittals is enclosed with the Nuclear Liability Insurance policy endorsements. Should you have any questions concerning this submittal, please contact us.

Very truly yours, jN.;J~

M. L. Bowling, Manager Nuclear Licensing and Programs Attachments

( ~403040343 940222

PDR ADOCK 05000280

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U. S. Nuclear Regulatory Commission Region II 101 Marietta Street, N. W.

Suite 2900 Atlanta, Georgia 30323 U. S. Nuclear Regulatory Commission Attention: Document Control Desk Washington, D. C. 20555 Mr. R. D. McWhorter NRC Senior Resident Inspector North Anna Power Station Mr. M. W. Branch NRC Senior Resident Inspector Surry Power Station

NUCLEAR LIABILITY INSURANCE ENDORSEMENTS REC'D W/LTR DTD 02/22/94.... 9403040343

--NOTICE-THE ATTACHED FILES ARE OFFICIAL.

RECORDS OF THE INFORMATION &

REPORTS MANAGEMENT BRANCH.

THEY HAVE BEEN CHARGED TO YOU FOR A LIMITED TIME PERIOD AND MUST BE RETURNED TO THE RE-CORDS & ARCHIVES SERVICES SEC-TION P1-22 WHITE FLINT. PLEASE DO NOT SEND DOCUMENTS CHARGED OUT THROUGH THE MAIL. REMOVAL OF ANY PAGE(S) FROM DOCUMENT FOR REPRODUCTION MUST BE RE-FERRED TO FILE PERSONNEL.

-NOTICE~

ATTACHMENT

SUMMARY

OF

- NUCLEAR LIABILITY INSURANCE ENDORSEMENTS Policy Description North Anna Nuclear Liability - North Anna (ANI)

Nuclear Liability - North Anna (MAELU)

Nuclear Liability - North Anna (ANI)

Nuclear Liability - North Anna (MAELU)

Secondary Financial - North Anna (ANI)

Secondary Financial - North Anna (MAELU)

Secondary Financial - North Anna (ANI)

Secondary Financial - North Anna (MAELU)

Surry Nuclear Liability - Surry (ANI)

Nuclear Liability - Surry (MAELU)

Nuclear Liability - Surry (ANI)

Nuclear Liability - Surry (MAELU)

Secondary Financial - Surry (ANI)

Secondary Financial - Surry (MAELU)

Secondary Financial - Surry (ANI)

Secondary Financial - Surry (MAELU)

Policy Number NF-0240 MF-0096 NW-0140 MW-0067 N-0063 M-0063 N-0070 M-0070 NF-0186 MF-0057 NW-0094 MW-0031 N-0027 M-0027 N-0028 M-0028 Endorsement Number 92,93,94 78,79,80 14 14 21,22,23 21,22,23 21,22,23 21,22,23 124,125 104,105 13 13 19,20,21 19,20,21 19,20,21 19,20,21

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1993 It is agreed that Items 1 and 2 of Endorsement No.

88 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$465,980.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:

$357,349.00 RETURN PREMIUM:

$17,941.00 Effective Date of this Endorsement:

January 1,

1993 To form a part of Policy No.

NF -0240 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

September 20, 1993 Endorsement No:

92 NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1.

ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$496,896.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:

$381,090.00 Effective Date of this Endorsement:

January 1,

1994 This is to certify that this II a true cow ol lhe origmal Endorsement having the endonement number and being made part of the Nuclear Enerm, Liability Policy (Facilitv form)

• des-JohnLQuattrocdi.

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, IAA~£_7 "

ignated hereon.# ii afforded hlnunder.

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American Nuclear

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To form a part of Policy No.

NF -0240 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

November 30, 1993 companies By - -l----ll.M.-l-~'::1-----1---1--._::_.J Fort Endorsement No:

93 NE-36

I Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORYENDORSEMENT COVERAGE D - REASONABLE ADDmONAL COSTS INCURRED BY A STATE OR POLmCAL SUBDIVISION OF A STATE (Facility Form)

It is agreed that:

1.)

the following is added to Insuring Agreement I of the policy:

2.)

NE-78 {6/1/93)

COVERAGE D - REASONABLE ADDITTONAL COSTS INCURRED BY A STATE OR POLffiCAL SUBDIVISION OF A STATE To reimburse a State or a political subdivision of a State for reasonable additional costs necessarily incurred by such State or political subdivision, to provide emergency food, shelter, transportation or police services in evacuating the public within a reasonable, specified area near (i) the facility, or (ii) the transportation route in the case of an accident involving an insured shipment, when such evacuation is:

1.

2.

the result of an event during the policy period that causes, or poses i..mntiI)ent danger of, bodily injury or property damage from the nuclear energy hazard, and c

initiated by order of an official of a State or a political subdivision of a State who is authorized by State law to initiate such an evacuation, and who reasonably determined that such an evacuation was necessary to protect the public health and safety.

This coverage applies only to those additional costs (i) incurred by such State or political subdivision during the period of time the evacuation order is in effect and for an additional period of 30 days immediately thereafter, (ii) that would not have been incurred but for such evacuation, and (iii) for which such State or political subdivision does not seek or receive payment or reimbursement from any other party.

the following EXCLUSIONS are added to the policy:

[This policy does not apply:]

(i)

• under Coverage D, to any obligation for which a State or a political subdivision of a State, or any carrier as its insurer, may be held liable under any workers compensation, unemployment compensation or _disability benefits law, or any similar law; G) under Coverage D, to any evacuation due to the manufacturing, handling or use at the location designated in Item 3 of the Declarations, in time of peace or war, of any nuclear weapon or other instrument of war utilizing special nucleci r material or byproduct material; (k) under Coverage D, to any evacuation due to war, whether or not declared, civil war, insurrection, rebellion or revolution, or to any act or condition incident tl) any of the foregoing; (1) under Coverage D, to additional costs incurred by a State or a politio:

subdivision of a State for services rendered by a charitable organization.

Page 1 of 3

3.)

in CONDffiON 3, the words 'bodily injury, property damage or environmental damage" are replaced by 'bodily injury, property damage, environmental damage or evacuations of the public", and, the words "claims under Coverages B and C" are replaced by "claims under Coverages B, C and D".

4.)

in CONDITION 4, the words 'bodily injury, property damage or environmental damage" are replaced by 'bodily injury, property damage, environmental damage or evacuation of the public", and, the words 'bodily injury, property damage and environmental damage" are replaced by 'bodily injury, property damage, environmental damage and evacuation of the public".

5.)

the following CONDmONS are added to the policy:

NE-78 (6/1/93)

SA.

ACTION AGAINST COMPANIES - COVERAGE D No suit or action on this policy for the recovery of any claim for payment to which Coverage D applies shall be sustainable in any court of law or equity unless all the requirements of this policy shall have been complied with and unless commenced within two (2) years after the evacuation is initiated, unless such time is extended by the companies in writing.

9A.

STA TE OR POLmCAL SUBDIVISION'S DUTIES WHEN LOSS OCCURS*

COVERAGE D In the event of an evacuation of the public to which Coverage D applies,: the State or political subdivision of a State seeking reimbursement shall furnish a complete statement of all additional costs claimed, showing in detail the amount, purpose, date incurred, payor and payee of each expenditure.

Within twelve (12) months after the evacuation is initiated resulting in such additional costs, unless such time is extended by the companies in writing, the entity seeking reimbursement shall render to the companies a proof of loss, signed and sworn to by an authorized representative of such entity stating the knowledge and belief of such representative as to the following: identification and description of such occurrence and evacuation; the authority and responsibility of such entity to incur such additional costs; the amount, purpose, date incurred, payor and payee of each additional cost; the relationship of each such additional cost to the evacuation of the public and to the necessary provision of emergency food, shelter, transportation or police services; how each such additional cost represents an expenditure that is in addition to, or in excess of, those expenditures normally or usually made, or provided for, by such entity; how each such-additional cost represents an expenditure that would not have been made but for such evacuation; whether the entity has received, or will seek, payment or reimbursement for such additional costs from any other party; and all other contracts of insurance, whether valid or not, covering any of such additional costs.

Page 2 of 3

6.)

Effective Date of this Endorsement:

The entity seeking reimbursement, as often as may be reasonably required, shall submit to examinations under oath by any person named by the companies and subscribe the same; and, as often as may be reasonably required, shall produce for examination all books of account, records, bills, invoices and other vouchers, or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the companies or their representatives, and shall permit extracts and copies thereof to be made.

in CONDITIONS 5, 11, 15, and 18, the words "bodily injury, property damage or environmental damage" are replaced by "bodily injury, property damage, environmental damage or evacuation of the public".

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Policy No.

NF -0240 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993 edorsement No:

94 NE-78 (6/1/93)

Page 3 of 3

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1993 It is agreed that Items 1 and 2 of Endorsement No.

74 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$135,284.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:

$103,746.00 RETURN PREMIUM:

$5,209.00 Effective Date of this Endorsement:

January 1,

1993 To form a part of Policy No.

MF -0096 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

September 20, 1993 For By Endorsement No:

78 ME-36

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$144,260.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:

$110,639.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Policy No.

MF -0096 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

November 30, 1993 For the su scr~compan_1.I#/-

By

.a e

Endorsement No:

79 Countersigned b~~-~~~~~

ME-36

Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDATORY ENDORSEMENT COVERAGE D - REASONABLE ADDmONAL COSTS INCURRED BY A STATE OR POLmCAL SUBDIVISION OF A STATE (Facility Form)

It is agreed that:

1.)

the following is added to Insuring Agreement I of the policy:

COVERAGE D - REASONABLE ADDITTONAL COSTS INCURRED BY A STA TE OR PO LITT CAL SUBDIVISION OF A STA TE To reimburse a State or a political subdivision of a State for reasonable additional costs necessarily incurred by such State or political subdivision, to provide emergency food, shelter, transportation or police services in evacuating the public within a reasonable, specified area near (i) the facility, or (ii) the transportation route in the case of an accident involving an insured shipment, when such evacuation is:

1.

2.

the result of an event during the policy period that causes, or poses imminent danger of, bodily injury or property damage from the nuclear energy hazard, and initiated by order of an official of a State or a political subdivision of a State who is authorized by State law to initiate such an evacuation, and who reasonably determined that such an evacuation was necessary to protect the public health and safety.

This coverage applies only to those additional costs (i) incurred by such State or political subdivision during the period of time the evacuation order is in effect and for an additional period of 30 days immediately thereafter, (ii) that would not have been incurred but for such evacuation, and (iii) for which such State or political subdivision does not seek or receive payment or reimbursement from any other party.

2.)

the following EXCLUSIONS are added to the policy:

[This policy does not apply:]

ME-78 (6/1/93)

(i)

. under Coverage D, to any obligation for which a State or a political subdivision of a State, or any carrier as its insurer, may be held liable under any workers compensation, unemployment compensation or disability benefits law, or any similar law; G) under Coverage D, to any evacuation due to the manufacturing, handling or use at the location designated in Item 3 of the Declarations, in time of peace or war, of any nuclear weapon or other instrument of war utilizing special nuclear material or byproduct material; (k) under Coverage D, to any evacuation due to war, whether or not declared, civil war, insurrection, rebellion or revolution, or to any act or condition incident to any of the foregoing; (1) under Coverage D, to additional costs incurred by a State or a political subdivision of a State for s.ervices rendered by a charitable organization.

Page 1 of 3

3.)

in CONDffiON 3, the words bodily injury, property damage or environmental damage" are replaced by bodily injury, property damage, environmental damage or evacuations of the public", and, the words "claims under Coverages B and C" are replaced by "claims under Coverages B, C and D".

4.)

in CONDmON 4, the words bodily injury, property damage or environmental damage" are replaced by bodily injury, property damage, environmental damage or evacuation of the public", and, the words bodily injury, property damage and environmental damage" are replaced by bodily injury, property damage, environmental damage and evacuation of the public".

5.)

the following CONDffiONS are added to the policy:

ME-78 (6/1/93)

SA.

ACTION AGAINST COMPANIES - COVERAGE D No suit or action on this policy for the recovery of any claim for payment to which Coverage D applies shall be sustainable in any court of law or equity unless all the requirements of this policy shall have been complied with and unless commenced within two (2) years after the evacuation is initiated, unless such time is extended by the companies in writing.

9A.

STATE OR POLffiCAL SUBDMSION'S DUTIES WHEN LOSS OCCURS COVERAGE D In* the event of an evacuation of the public to which Coverage D applies, 'the State or political subdivision of a State seeking reimbursement shall furnish a complete statement of all additional costs claimed, showing in detail the amount, purpose, date incurred, payor and payee of each expenditure.

Within twelv:e (12) months after the evacuation is initiated resulting in such additional costs, unless such time is extended by the companies in writing, the entity seeking reimbursement shall render to the companies a proof of loss, signed and sworn to by an authorized representative of such entity stating the knowledge and belief of such representative as to the following: identification and description of such occurrence and evacuation; the authority and responsibility of such entity to incur such additional costs; the amount, purpose, date incurred, payor and payee of each additional cost; the relationship of each such additional cost to the evacuation of the public and to the necessary provision of emergency food, shelter, transportation or police services; how each such additional cost represents an expenditure that is in addition to, or in excess of, those expenditures normally or usually made, or provided for, by such entity; how each such additional cost represents an expenditure that would not have been made but for such evacuation; whether the entity has received, or will seek, payment or reimbursement for such additional costs from any other party; and all other contracts of insurance, whether valid or not, covering any of such additional costs.

Page 2 of 3

6.)

Effective Date of this Endorsement:

The entity seeking reimbursement, as often as may be reasonably required, shall submit to examinations under oath by any person named by the companies and subscribe the same; and, as often as may be reasonably required, shall produce for examination all books of account, records, bills, invoices and other vouchers, or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the companies or their representatives, and shall permit extracts and copies thereof to be made.

in CONDITIONS 5, 11, 15, and 18, the words "bodily injury, property damage or environmental damage" are replaced by "bodily injury, property damage, environmental damage or evacuation of the public".

January 1, 1994 (12:01 A.M. Standard Time)

This is to certify that this is a true copy of the original Endorsement having the endorsement number and being made part of t~~'

Llabmty Pol;cy (FaciHty Fo

.. doo-lgnat her o lnsura e is J<¥Q~:,.tll!Dl~V John C llrocchl, Va Plllidlnt American Nuckw lnllnll To form a part of Policy No.

MF -0096 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

. crib~anies Ii e

BY~~~

....... ~~~~~~~~~~~~~---~~

Endorsement No:

80 Countersigned by ME-78 (6/1/93)

Page 3 of 3

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NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$35,805.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Retrospective Rating Plan, the Standard Premium is said Advance Premium and the estimated Reserve Premium element of the Standard Premium is:

$28,644.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

NW -0140 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 5,

1993 For By Pr id t

Endorsement No:

14 Countersigned ~.,---~---=e::::~c....--..-----,~~:t=~

NE-W-2

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$10,395.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Retrospective Rating Plan, the Standard Premium is said Advance Premium and the estimated Reserve Premium element of the Standard Premium is:

$8,316.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

M'W -0067 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 5,

1993 For the subscribing By

~

,r Endorsement No:

14 Countersigned~

ME-W-2

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0063 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage NE-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3)

• which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations. However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damage or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

II.)

III.)

Item 4. (b) of the certificate is deleted.

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $61,438,125.

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

N -0063 Issued to:

Virginia Electric & Power Company Date of Issue:

September 1s; 1993 For the subscri Endorsement No:

21 NE-S-14a Page 2 of 2

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$5,813.00 Effective Date of TH!.:' I~ TO 9ER!IFY THAT THlS IS A TRUE COPY OF THE OP.!GIN~.L CEHTlt-!CATt., t3t:ARING THE NUMBER DESIGNATl=D l*lc:PEON 1:np INSURANCE COVERAGE UNDER THE MASTER POLlCY-NUCtfJ:t'Si,,..fr.y LIABILITY INSURANCE (SECONDARY FINANCIAL PAOTECll\\)f~J* Nit;; l,J INSURANCE IS AFFO,DED ~s~!:sJIS COPY.,

JOHN L. OUATIAOQSt1 ~

r."

VICE PAESIOENT-UNbeBt\\,RITING 0 AMERICAN NUCLEAR INSURERS this Endorsement:

January 1,

1994 To form a part of Certificate No.

N

-0063 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 11, 1993 For By Endorsement No:

22

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0063 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGH~AL CERTIFICATE, BEARING THE NUMBER DESIGNATED Ht;AEON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY**NUClf:AR ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL PROTECTION). NO INSUP.ANCE IS AFFORDED BY~S C~D JOHN L. QUAITROCCHI VICE PRESIOENT-UNDERWRITI Effective Date of this Endorsement:

AMERICAN NUCLEAR JNSURERS

• -*~

January 1, 1994 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

.dorsement No:

23 NE-S-20 (6/1/93)

To form a part of Certificate No.

N -0063 For the su Countersigned by

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0063 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage ME-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damage or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

II.)

Item 4. (b) of the certificate is deleted.

III.)

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $17,836,875.

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

M

-0063 Issued to:

Virginia Electric & Power Company Endorsement No:

21

r the sub~~.eg::

0 nies ~

Countersigned by ~

1:)

j ~

Date of Issue:

September 15, 1993 ME-S-14a Page 2 of 2

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$1,687.00 Effective Date of this Endorsement:

January 1,

1994 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTlflCATE, BEA~ING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVER~~. E UND.EEl THE M~STE POL.*ICY. -NUCLEAG/~NEPm" UABILITY INSURAN~ (S~i5ARY FIN~N I ~ ~OJ$~&N)/~b 1

~.,

INSURANCE IS AF~~~5D av... ml§ co 'Y. ft-:§}.tt;r~~\\>

JOHN L. ouA TTRoccif1

f VICE PRESIDENT-UNDERWRITING AMERICAN NUCLEAR INSURERS To form a part of Certificate No.

M

-0063 (12:01 A.M. Standard Time)

Is sued to :

Virginia Electric & Power Company Date of Issue:

October 11, 1993 Endorsement No:

22

Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0063 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE BEARING THE NUMBER DESIGNATED HEREON, J=OR INSURANCE COVERAGE UNDER THE MASTER POLICY-f~UGU:Nl ENERGY LIABILITY INSURANCE (SECONDARY FINANCIAL PROTECTION). NO JOHN L QUA TIROCCHI VICE PRESIDENT-UNDERW :r Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

INSURANCE IS AFFORDED~THI~

AMERICAN NUCLEAR INSURE ~

To form a part of Certificate No.

M -0063 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

rthe su~:i~anie~

.orsement No:

23 Countersignedby~ h J~

ME-S-20 (6/1/93)

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0070 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage NE-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damage or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

II.)

Item 4. (b) of the certificate is deleted.

III.)

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $61,438,125.

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

N -0070 Issued to:

Virginia Electric & Power Company Date of Issue:

September 15, 1993 For the subs

~orsement No:

21 NE-S-14a

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$5,813.00 Effective Date of this Endorsement:

January 1,

1994 THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY LIABILITY INSiNC~

... ~NDA~Y F.

NCIAL PROTEC N). NO INSURANCE IS FFO~Y THI 0

• JOHN L QUA CCHI VICE PRESIDENT-UNDERWRITING AMERICAN NUCLEAR INSURERS To form a part of Certificate No.

N

-0070 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 11, 1993 For By Endorsement No:

22

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0070 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A ST ATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLf.AR ENERGY LIABILITY INSURANCISECONDARY FINANCIAL. PROTECTION,)NO INSURANCE IS AFFOR ED ~COPY",;, /~~

'~

JOHN L. QUATIROC ijl 8 ~~

6~

.'/

VICE PRESIDENT-UNDE AITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Certificate No.

N -0070 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993 23 NE-S-20 (6/1/93)

rthe sut:;r;r2 er~

Counteffiigned by ~~*g_. ~£~

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0070 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage ME-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damag:e or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

II.)

Item 4. (b) of the certificate is deleted.

III.)

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $17,836,875.

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

M -0070 Issued to:

Virginia Electric & Power Company Date of Issue:

Endorsement No:

ME-S-14a September 15, 1993 21 Countersigne~1----b~--J....,.,.flq.,.1,j111~1ir.:,--.,.---

Page 2 of 2

I

• NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$1,687.00 Effective Date of this End ors emen t :

January 1,

1994 To form a part of Certificate No.

M

-0070 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 11, 1993 Fort su~ing co By Endorsement No:

22 Counters b J~.,

Nuclear Energy LiabilHy Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0070 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENEHGY Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

.dorsement No:

23 ME-S-20 (6/1/93)

LIABILITY INSURAN~E (SECONDARY FINANCIAL PROTECTION).

INSURANCE IS AFFid.'BDED~ COPY.

JOHN L. QUATIRO

!Ill G

VICE PRESIDENT-UN*

WRITING AMERICAN NUCLEAR INSURERS To form a part of Certificate No.

M -0070

-:~;;

.. ~1~

~

.*-..~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$526,674.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:

$403,957.00 Effective Date of John L Quattrocchi. Vice American Nuclear Insured this Endorsement:

January 1,

1994 To form a part of Policy No.

NF -0186 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

November 30, 1993 For com an~

By Endorsement No:

124 NE-36

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORY ENDORSEMENT COVERAGE D - REASONABLE ADDmONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Facility Form)

It is agreed that:

1.)

the following is added to Insuring Agreement I of the policy:

2.)

NE-78 (6/1/93)

COVERAGE D - REASONABLE ADDillONAL COSTS INCURRED BY A STATE OR POLffiCAL SUBDIVISION OF A STATE To reimburse a State or a political subdivision of a State for reasonable additional costs necessarily incurred by such State or political subdivision, to provide emergency food, shelter, transportation or police services in evacuating the public within a reasonable, specified area near (i) the facility, or (ii) the transportation route in the case of an accident involving an insured shipment, when such evacuation is:

1.

2.

the result of an event during the policy period that causes, or poses imm.inent danger of, bodily injury or property damage from the nuclear energy hazard, and r

initiated by order of an official of a State or a political subdivision of a State who is authorized by State law to initiate such an evacuation, and who reasonably determined that such an evacuation was necessary to protect the public health and safety.

This coverage applies only to those additional costs (i) incurred by such State or political subdivision during the period of time the evacuation order is in effect and for an additional period of 30 days immediately thereafter, (ii) that would not have been incurred but for such evacuation, and (iii) for which sti.ch State or political subdivision does not seek or receive payment or reimbursement from any other party.

the following EXCLUSIONS are added to the policy:

[This policy does not apply:]

(i) under Coverage D, to any obligation for which a State or a political subdivision of a State, or any carrier as its insurer, may be held liable under any workers compensation, unemployment compensation or disability benefits law, or any similar law; G) under CoverageD, to any evacuation due to the manufacturing, handling or use at the location designated in Item 3 of the Declarations, in time of peace or war, of any nuclear weapon or other instrument of war utilizing special nuclear material or byproduct material; (k) under Coverage D, to any evacuation due to war, whether or not declared, ci\\'il war, insurrection, rebellion or revolution, or to any act or condition incident tl) any of the foregoing; (1) under Coverage D, to additional costs incurred by a State or a politic.11 subdivision of a State for services rendered by a charitable organization.

Page 1 of 3

3.)

in CONDITION 3, the words "bodily injury, property damage or environmental damage" are replaced by bodily injury, property damage, environmental damage or evacuations of the public", and, the words "claims under Coverages B and C" are replaced by "claims under Coverages B, C and D".

4.)

in CONDITION 4, the words bodily injury, property damage or environmental damage" are replaced by bodily injury, property damage, environmental damage or evacuation of the public", and, the words bodily injury, property damage and environmental damage" are replaced by bodily injury, property damage, environmental damage and evacuation of the public".

5.)

the following CONDffiONS are added to the policy:

NE-78 (6/1/93) 8A.

ACTION AGAINST COMPANIES - COVERAGE D No suit or action on this policy for the recovery of any claim for payment to which Coverage D applies shall be sustainable in any court of law or equity unless all the requirements of this policy shall have been complied with and unless commenced within two (2) years after the evacuation is initiated, unless such time is extended by the companies in writing.

9A.

STATE OR POLffiCAL SUBDIVISION'S DUTIES WHEN LOSS OCCURS COVERAGE D In the event of an evacuation of the public to which Coverage D applies,: the State or political subdivision of a State seeking reimbursement shall furnish a complete statement of all additional costs claimed, showing in detail the amount, purpose, date incurred, payor and payee of each expenditure.

Within twelve (12) months after the evacuation is initiated resulting in such additional costs, unless such time is extended by the companies in writing, the entity seeking reimbursement shall render to the companies a proof of loss, signed and sworn to by an authorized representative of such entity stating the knowledge and belief of such representative as to the following: identification and description of such occurrence and evacuation; the authority and responsibility of such entity to incur such additional costs; the amount, purpose, date incurred, payor and payee of each additional cost; the relationship of each such additional cost to the evacuation of the public and to the necessary provision of emergency food, shelter, transportation or police services; how each such additional cost represents an expenditure that is in addition to, or in excess of, those expenditures normally or usually made, or provided for, by such entity; how each such additional cost represents an expenditure that would not have been made but for such evacuation; whether the entity has received, or will seek, payment or reimbursement for such additional costs from any other party; and all other contracts of insurance, whether valid or not, covering any of such additional costs.

Page 2 of 3

6.)

Effective Date of this Endorsement:

The entity seeking reimbursement, as often as may be reasonably required, shall submit to examinations under oath by any person named by the companies and subscribe the same; and, as often as may be reasonably required, shall produce for examination all books of account, records, bills, invoices and other vouchers, or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the companies or their representatives, and shall permit extracts and copies thereof to be made.

in CONDITIONS 5, 11, 15, and 18, the words "bodily injury, property damage or environmental damage" are replaced by "bodily injury, property damage, environmental damage or evacuation of the public".

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Policy No.

NF -0186 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993 For the subs

.dorsement No:

125 NE-78 (6/1/93)

Page 3 of 3

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$152,905.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:

$117,278.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Policy No.

MF -0057 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

November 30, 1993 For the~t~ co~

By

~

b j Countersigned by ----------

Endorsement No:

104 ME-36

Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDATORYENDORSEMENT COVERAGE D - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLmCAL SUBDIVISION OF A STATE (Facility Form)

It is agreed that:

1.)

the following is added to Insuring Agreement I of the policy:

COVERAGE D - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLffiCAL SUBDIVISION OF A STATE To reimburse a State or a political subdivision of a State for reasonable additional costs necessarily incurred by such State or political subdivision, to provide emergency food, shelter, transportation or police services in evacuating the public within a reasonable, specified area near (i) the facility, or (ii) the transportation route in the case of an accident involving an insured shipment, when such evacuation is:

1.

the result of an event during the policy period that causes, or poses imminent danger of, bodily injury or property damage from the nuclear energy hazard, and 2.

initiated by order of an official of a State or a political subdivision of a State who is authorized by State law to initiate such an evacuation, and who reasonably determined that such an evacuation was necessary to protect the public health and safety.

This coverage applies only to those additional costs (i) incurred by such State or political subdivision during the period of time the evacuation order is in effect and for an additional period of 30 days immediately thereafter, (ii) that would not have been incurred but for such evacuation, and (iii) for which such State or political subdivision does not seek or receive payment or reimbursement from any other party.

2.)

the following EXCLUSIONS are added to the policy:

[This policy does not apply:]

(i)

G)

(k)

(1)

ME-78 (6/1/93) under Coverage D, to any obligation for which a State or a political subdivision of a State, or any carrier as its insurer, may be held liable under any workers compensation, unemployment compensation or disability benefits law, or any similar law; under Coverage D, to any evacuation due to the manufacturing, handling or use at the location designated in Item 3 of the Declarations, in time of peace or war, of any nuclear weapon or other instrument of war utilizing special nuclear material or byproduct material; under Coverage D, to any evacuation due to war, whether or not declared, civil war, insurrection, rebellion or revolution, or to any act or condition incident to any of the foregoing; under Coverage D, to additional costs incurred by a State or a political subdivision of a State for s_ervices rendered by a charitable organization.

Page 1 of 3

3.)

in CONDmON 3, the words "bodily injury, property damage or environmental damage" are replaced by bodily injury, property damage, environmental damage or evacuations of the public", and, the words "claims under Coverages B and C" are rep~ced by "claims under Coverages B, C and D".

4.)

in CONDffiON 4, the words bodily injury, property damage or environmental damagell are replaced by bodily injury, property damage, environmental damage or evacuation of the public", and, the words bodily injury, property damage and environmental damage" are replaced by "bodily injury, property damage, environmental damage and evacuation of the public".

5.)

the following CONDITIONS are added to the policy:

ME-78 (6/1/93)

SA.

ACTION AGAINST COMPANIES - COVERAGE D 9A.

No suit or action on this policy for the recovery of any claim for payment to which Coverage D applies shall be sustainable in any court of law or equity unless all the requirements of this policy shall have been complied with and unless commenced within two (2) years after the evacuation is initiated, unless such time is extended by the companies in writing.

STATE OR POLillCAL SUBDIVISION'S DUTIES WHEN LOSS OCCURS COVERAGED In the event of an evacuation of the public to which Coverage D applies, the State or political subdivision of a State seeking reimbursement shall furnish a complete statement of all additional costs claimed, showing in detail the amount, purpose, date incurred, payor and payee of each expenditure.

Within twelve (12) months after the evacuation is initiated resulting in such additional costs, unless such time is extended by the companies in writing, the entity seeking reimbursement shall render to the companies a proof of loss,

. signed and sworn to by an authorized representative of such entity stating the knowledge and belief of such representative as to the following: identification and description of such occurrence and evacuation; the authority and responsibility of such entity to incur such additional costs; the amount, purpose, date incurred, payor and payee of each additional cost; the relationship of each such additional cost to the evacuation of the public and to the necessary provision of emergency food, shelter, transportation or police services; how each such additional cost represents an expenditure that is in addition to, or in excess of, those expenditures normally or usually made, or provided for, by such entity; how each such additional cost represents an expenditure that would not have been made but for such evacuation; whether the entity has received, or will seek, payment or reimbursement for such additional costs from any other party; and all other contracts of insurance, whether valid or not, covering any of such additional costs.

Page 2 of 3

6.)

Effective Date of this Endorsement:

The entity seeking reimbursement, as often as may be reasonably required, shall submit to examinations under oath by any person named by the companies and subscribe the same; and, as often as may be reasonably required, shall produce for examination all books of account, records, bills, invoices and other vouchers, or certified copies thereof if originals be lost, at such reasonable time and place as may be designated by the companies or their representatives, and shall permit extracts and copies thereof to be made.

in CONDITIONS 5, 11, 15, and 18, the words "bodily injury, property damage or environmental damage" are replaced by "bodily injury, property damage, environmental damage or evacuation of the public".

January 1, 1994 (12:01 A.M. Standard Time)

American Nuclear Insurers To form a part of Policy No.

MF -0057 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993 Endorsement No:

105 Countersigned by __ ~

• ______ h

___ J_~--

ME-78 (6/1/93)

Page 3 of 3

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1.

ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$35,805.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Retrospective Rating Plan, the Standard Premium is said Advance Premium and the estimated Reserve Premium element of the Standard Premium is:

$28,644.00 This is to certify that this is a true copy of the oriqiniJ.I Endorsement having the endorsernent numbe.r and beinn ni::i;:Je p.J.r'. ot tr,e CHrtificate ot~*n.surance bearing ti1e n_umber desi~n d hereon for insurance co ra.9ee~r the~Ju...

ar ~~1a ty Policy (Facility Workers For

. No *

• anc

-~:~' -

r.

John

. Quattrocchi, Vice President-Underwriting American Nuclear Insurers Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

NV\\/ -0094 (12:01 A.M. Standard Time)

Is sued to :

Virginia Electric & Power Company Date of Issue:

October 5,

1993 Endorsement No:

13 NE-W-2

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1.

ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$10,395.00

2. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Retrospective Rating Plan, the Standard Premium is said Advance Premium and the estimated Reserve Premium element of the Standard Premium is:

$8,316.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

MW -0031 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 5,

1993 For sub~ing co By Endorsement No:

13 Countersigned b~_)

--=-~ _j_~

ME-W-2

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$5,813.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

N

-0027 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

October 11, 1993 For By Endorsement No:

20

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0027 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage NE-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injurv, property damage or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

II.)

Item 4. (b) of the certificate is deleted.

III.)

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $61,438,125.

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

N -0027 Issued to:

Virginia Electric & Power Company Date of Issue:

September 15, 1993 Endorsement No:

19 NE-S-14a

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0027 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the r~ac.1;06 slait~Jlbed in Item 3 of the Declarations.THIS IS TO CERTIFY THAT THIS IS A TDR£~SEIGC2Ap_yr: ODFu*~HR~n~rlFml.

CERTIFICATE, BEARING THE NUMBER

.~

1 t-11:, *':-

-q,***

INSURANCE COVERAGE UNDER THE MASTER POLICY_-1~:J_CLEAR ENE,,';1 f LIABILITY INSURANC. E ~ECONDAHY FINANCIAL PROl EC I ION}. NO INSURANCE IS AFFORD _ BY ~FY.

JOHN L. QUATIROCCh QI G

VICE PRESIDENT-UNDER

.ITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Certificate No.

N -0027 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

.dorsement No:

21 NE-S-20 (6/1/93)

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0027 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written ME-S-14a claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damage or environmental damage caused by an extraordinarv nuclear occurrence.

Page 1 of 2

II.)

Item 4. (b) of the certificate is deleted.

III.)

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $17,836,875.

August 20, 1993 12:01 A.M. Standard Time I

THIS IS TO CERTIFY THAT THIS1tS A lRUE COPY OF TtfE ORIGINAL CERTIFICATE, BEARING THE NUMBEROESlqNATEO HEFIE()N, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY 8

1!,~~l~:~:~l.~E (SECONDARY Fl.NA. Nyl1AL PROTECTION). NO Ur1.

~.:. b An*~BDE BY-ti:!J,§..COPY.jf

~;;e,:,:"'? _,,,. -.~,#:' '

n,i L. QUA irno I '~~**,::or:.~

VICE PRESIDENT-UNDERWRITING AMERiCAN NUCLEAR INSURERS

• . *1......... __ -..... :*'.

To form a part of Certificate No.

M -0027 Issued to:

Virginia Electric & Power Company Date of Issue:

September 15, 1993 For the. su Endorsement No:

19 ME-S-14a Page 2 of 2

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$1,687.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

M

-0027 (12:01 A.M. Standard Time)

Is sued to :

• Virginia Electric & Power Company Date of Issue:

October 11, 1993 Endorsement No:

20

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1.

ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$5,813.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

N

-0028 (12:01 A.M. Standard Time)

Issued to:

Virginia Electric & Power Company Date of Issue:

09tober 11, 1993 For the By Endorsement No:

20

Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0027 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

THIS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARtNG THE NUMBER DESIGNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY LIABILITY INSURANCEfCONDARY FINANCIAL PROTECTION). NO INSURANCE IS AFFORD D BY~OPV.,,, ~

'i>

JOHN L. QUATIROCC G ~

VICE PRESIDENT-UNDER

• ITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Certificate No.

M -0027 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

rthe sut'.bi~ani~

.dorsement No:

21 Countemigned byt,..,~ h )~ t1 ME-S-20 (6/1/93)

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0028 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage NE-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damage or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

II.)

Item 4. (b) of the certificate is deleted.

III.)

Item 7. of the certificate is amended to read as follows:

Item 7.

Effective Date of this Endorsement:

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $61,438,125.

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

N -0028 Issued to:

Virginia Electric & Power Company Date of Issue:

September 15, 1993 For the subs Endorsement No:

19 NE-S-14a Page 2 of 2

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N -0028 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional. costs:

\\..-:;'

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

THIS IS TO CERTIFY THAT THIS IS A. TRUE COPY OF THE ORIGINAL CERTIFICATE, BEARING THE NUMBER DESIGNATl:O HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERG i LIABILITY INSURANCE. (SECONDIRY FINANCIAL PROTECTION). NO

1. 1 INSURANCE IS AFFORDED BY T s co~

t!

JOHN L. QUATTROCCHI (P

~~,/'

VICE PRESIDENT-UNDERWRITING AMERICAN NUCLEAR INSURERS Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Certificate No.

N -0028 Issued to:

Virginia Electric & Power Company Date of Issue:

December 15, 1993

.orsement No:

21 NE-S-20 (6/1/93)

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0028 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that effective August 20, 1993:

I.)

Subparagraph (c) on Page 1 of the certificate is amended to read as follows:

(c) to bodily injury, property damage or environmental damage ME-S-14a (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for (i) exhaustion of its limit of liability as described in Condition 6 of the Master Policy, or (ii) the application of the provisions COVERAGES A and C of the primary financial protection providing coverage for bodily injury, property damage or environmental damage caused during the policy period by the nuclear energy hazard and which is discovered and for whjch written claim is made against the insured not later than ten (10) years after the end of the policy period, as amended by paragraph 3 of the Waiver of Defenses Endorsement attached thereto, 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 (3) which is discovered and for which written claim is made against the insured not later than ten (10) years after the end of the certificate period stated in Item 6 of the Declarations.

However, this subparagraph (3) shall not operate to bar coverage for bodily injury, property damage or environmental damage caused by an extraordinary nuclear occurrence.

Page 1 of 2

I J

).

II.)

III.)

Item 4. (b) of the certificate is deleted.

Item 7. of the certificate is amended to read as follows:

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: $17,836,875.

Effective Date of this Endorsement:

August 20, 1993 12:01 A.M. Standard Time To form a part of Certificate No.

M -0028 Issued to:

Virginia Electric & Power Company

.ate of Issue:

Endorsement No:

ME-S-14a September 15, 1993 19 Countersigned b~,iJio111.. >J*,u.-J;:--t---:b;;1--.J~.,i,:A"'~""~~-=.~

Page 2 of 2

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT CALENDAR YEAR 1994

1. ANNUAL PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is:

$1,687.00 Effective Date of this Endorsement:

January 1,

1994 To form a part of Certificate No.

M

-0028 (12:01 A.M. Standard Time)

Is sued to :

Virginia Electric & Power Company Date of Issue:

October 11, 1993

~

Endorsement No:

20

_h_J~

I l'

-* /,

Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M -0028 FORMING PART OF MASTER POLICY NO. 1 ADDITIONAL COVERAGE - REASONABLE ADDITIONAL COSTS INCURRED BY A STATE OR POLITICAL SUBDIVISION OF A STATE (Secondary Financial Protection)

It is agreed that the following is added at the end of (c)(3) on page 2 of the certificate:

[Such insurance as is provided by the Master Policy applies, through this certificate, only:]

(d) to reasonable additional costs:

(i) 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 (ii) which are incurred because of an evacuation as the result of an event during the certificate period of this certificate arising out of or in connection with the reactor described in Item 3 of the Declarations.

T~ilS IS TO CERTIFY THAT THIS IS A TRUE COPY OF THE ORIGINAi Ct:RTIFICATE, BEARING THE NUMBER DESIGNATED HEF!EON FOR -

INSURANCE COVERAGE UNDER THE MASTER POllCY-NUClF..ft.R ENERGY LIABILITY INSURANCE (S!ND~~~.ANCIAL P OTECT'ON) NO INSURANCE IS AFFORDED, y T ~~Y.

JOHN L. OUA TTROCCHI

~

o 9

VlCE PRESIDENT-UNDERWR! ING "MERlCAN NUCLEAR INSUf!EM Effective Date of this Endorsement:

January 1, 1994 (12:01 A.M. Standard Time)

To form a part of Certificate No.

M -0028 Issued to:

Virginia Electric & Power Company Date of Issue:*

December 15, 1993

rthe su~:i~ani~

.dorsement No:

21 Countersigned by~ h J ~

ME-S-20 (6/1/93)