ML18219D536

Letter Endorsement Nos. 12, 14, and 16 Thru 21 to Maelu Policy No. MF-79

ML18219D536
Person / Time
Site:	Cook
Issue date:	10/13/1976
From:	Mcsweeny J Nuclear Insurance Consultants
To:	Dinitz I Office of Nuclear Reactor Regulation
References
Download: ML18219D536 (36)

Text

1221 Avenue of the Americas New York, New To~i'0020 Telephone 212 9~71 C

October 13, 1976 Mr. Ira Dinitz Indemnity Specialist Antitrust and. Indemnity Group Nuclear Regulatory Commission

)lashington, D.C.

20555 g(g a

p knerican Electric Power Corporation HELIX Policy 1V-206 Endorsements:

12,14,16,17,18,19,20, and. 21 MAELU Policy MF-79 Endorsements:

1 thro 1

Dear Mr. Dinitz:

Enclosed. are eight certified. copies of the captioned.

endorsements as requested, by Mr. John Kexuay's letter of September 21, 1976.

Sincerely, Joseph M. McSweeny JMMoccc cc:

Mr. J. Kenney A technical service of Marsh 8r McLennan, Incorporated

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y NUCLEAR ENERGY LIABILITYINSURANCE MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS Address of mutual Atomic Ener Liabilit Under(:riters Endorsement It is agreed that the address of the.lutual Atomic Energy Liability Undervriters appearing on the declarations and in the "Company Representation" condition of the policy is amended to read:

"One East Wacker Drive, Chicago, Illinois 60601",

Effective Date of.

pc'tober p4 1974 this Endorsement To form a part f Policy No.

i>P-79 Indiana and Ifichigan Pover Company Issued to Dste of I December 16, 19T4 Tl(IS IS TO CPPTIFY TI(AT THIS IS A TPUC COPY 0>> t",(O"',(SE(,".i((T ((O...,.L..~

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. 'T ('."- ((('Cl:A",, (:(( "SY POUCY

>>>>i For the Subscribing Companies MUTUALATOMIC ENERGY LIABILITYUNDERWP.ITZRS V(lTU'A(. r'>i(.',i

(,.~.CK L(Au((.ITY Elils>>.(('.;TERS Endorsement No.

Countersigned by

~aviuolveH) Rzpaztc>(TATlvz

NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS Amendment of Name of Member Com an Endorsement It is agreed that the name "SENTRY INSURANCE A MJTUAL CONPAVl" is substituted for "H~tDWARE MUTUAL CASUALTY CO.'PANY" wherever it appears in the policy.

Effective,Date of

~

To form a pais Endorsement October 24 1974 f ppijcy No i'P 79 Indiana and. 5fichigan Power Company Issued to December 16,1974 Date of Issu IS TO Cr PTIFY THAT THIS IS A.

ih"I'5""'0 S A'f0 0PO TR" GGPY.

For t!te Subscribing Companies MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS

'.0 '. G000i',lAti, SECR'ETARY.

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'ARGY LIABILITYUtIDERWRITQR I.!UTIIAL4~...

'A.",GY LIABIL Endorsement No.

Countersigned by ItrtÃhllxKoRataEsxÃThrce'x

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NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS Amendment of Transportation Coverage (Indemnified Nuclear. Facilit )

It is agreed that the defin'ion of "insured shipment" in Insuring Agreement III is amended to read:

"insured shinnent" means a shipment of source material, special nuclear material, spent fuel or waste, herein called "material,"

(1) to the facility from any location except an indemnified nuclear facility, but only if the transportation of the material is not by predetermination to be interrupted by removal of the material from a transporting conveyance for any purpose other than the continuation of its transportation, or (2) from the facility to any other location, but only until the material is removed from a transporting conveyance for any purpose other than the continuation of its transportation.

Effective Date of October 24, 1974 To form a part this Endorsernent f Policy iso.

Indiana and Michig~ Power Company Issued to NF-79

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4 For thc Subscribing Companies MiITUAI ATOMIC EaaiFRGY LIABILI'I'YUNDERWRITERS By Endorwrnent No.

C-untersigned by

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'NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATONIC ENERGY LIABILITYUNDERWRITERS

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Xt is e~-eed that:

Tne first sentence of the dexinitio.. of nuclear fac liuy is a~ended to read:

"nuclear facilit.-" ne=".s "tho aci'!-.t-" as defined in any!"uclea

-ser~-

Liabili-'y.""Oiicy (."~ci.iuy r oui. ) issued by 1';. tu=l Ji~-;,ic inertly i'a'oil>> g

nder liters ox by l;Qclem r,nervy Liability insurance Association:

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.ne ae:in>>tion o' cc~.11 le nuclea

-aci iuy 1s replaced by the o~o '3...

"inde-..z3.fied ruc

~ ear faciliuy" "...cans (i) n*

(2'n; o her nucle-r facility, uh" facili-'y" s defined in any '.~'clear oner~~ Liability Pol::c;.-

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x o il) "ssued oy;.Qtual At..~ c ne ~y L3. 03.'3.;

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or by i'ucle=-r.=.nergr

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Association, or if financial crotection 'is re"uired -"Qrsuant to t4ie Atc.-..ic Fner~v, Act o" ".~.':

Or any 3.=-'S ~~endatory thereOf "VitA reSPeCu tO any aCuiViuieS GX'lerat Ol ~

conduct

d. thereat; XI>

'Co diuion '4 "" re@laced by the folio'r'-":

u7i'a sr.'" '

e C" L'BiLZ' 'GaL'ti'.t GCCv:.!'.CZ l.Py occurrence 0

series of cc x'co

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n o.. 'ily in~u y 0 cQar uP d2.

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.g ou u 0>> the ra~

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active, "oxic,

. z,". osive or oiner ha=a.""'cus -;operties of (a) nuclear natcrial discharged or dispersed frc~ the facility over a, rerici of days,

~:ee'rs,;..Onths cr lcn.=er a.".":iso oisin--

OQ of sucn

". ceertie-".

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of o'her rucl=== 'ateria so disc'.".ar~ed or dis"erse" frc.".. cne cr r.o e

other nuclear "-.".lities insure!

Q.".der ~~:.',Qc>>car i:nervy.iabilit; Pol-3 cy (" cility c,l) 3.ssQed by j Qtual ~ltoi lic Zne Qf'i b 13.tg Unde l: i e sp OX'b) source rauerial, special nuclear r..ateriai.,

pent fuel or -as " -n the cour-e of tran":.or'tion for which irsurance is afforded under.his o"..-'= -r and also ari.".in."out of such pro,"ertics of other source;..at,crial s",cci."1 nuclear r!ate-.ial, pont fuel or 3s e 'n thc course of trans-ortation f~x i'hich ins>>r:~.cc is afforded under o"..e or;ore othe~ iucl<<ar =ncr~;

~ Gv Policies {i'aciliuv."O~.,) issued by l.;,tual i~to~ic Ene."C~ Liabilit;,. V::dor:;.it sha'll hc !!ce! icd t~ h>> a c:~;;..On occ>>rrcncc rcsultinG in bcdil> incur v or n" ~".."3 -'.-

damage c;use.i br t,hc nuclear cnrr;"; ha" -d.

2

'0 kitij respect to hs Jch Do(1'n Jury 1 ~!!d prcpcrLy (l':!J"c

{ ) t(lc Lot<11 'jp)grc,.ate li;:hi1ity of thc I;(c.".j!>era o.':.';it(:al Dto:"..ic "..ncry I.iabi ity ((l(le~>

I j"i i:ndc 'l, 1

.uclcar;;ij.'.".:;:.. <<bi.Lity r o ici 's

{F::c...i!'v i'o-..n,, inc.: di(:;; .s p(>L cy, a;.

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s(lcll co..'o! ( occu L (.'(lcc na

(. bc tile su.J 0 I: "hc Lji,z.t..s o t 1 La.> '

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l,'c'c.':," thc j '.;.",i" of Li.'(>ilityof c<!c'j "lich polic.'l(.i-.", as (tote,:;in(ld by Con,li-

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tion 3 thereof, but in no event s!ia11 si:ch total c~(;re-Jt>> 11Jbil't..

oi: slich..:cj-'.i<.rs cxccc<.

$.3,HOT,OCO; {") the local, li;il>i i y of tl:

~ co;:;l.anics ulj<."r ti> s;>olicy "n<iil not:

'.:<cec chat pro;>orticn o. the total a":re.".,ate L aoiLity of the.:.'cnl>crs Q"

Atc' j c oner'~v I Lab 1 '

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ri(!er:;rl.ter.", as stated ill clause

~1) abo" e

( jicli {a) t;ic I'illt oi 'a!>il ity o" this po icv, a" detc=:!iced by Co 'LL'n 3, be irs to {'>) tij. suxj 0

tllc 1 ',lLt - oi 1 iah-1ity of al 1 such po lie ics issue,rs, the 1 1-...it 1 Lao! 1 1 I y QL each!

suc,l pol.CV oex l~ <<s ee c-s l'!!ed o)

Ccr!<!it I Qn

( the"'~of i(le provis Lons 0[ tjjis CQ lc I. Cil stl !1 1 noc c(>e ate to j ncreaso the 1 xi!Lt Q

'the co...x>anles 1 Lcb '

tj u!ldcr Lllxs po11cy

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X'(je second paragraph of Co..dition 12 "Other Insurance" is a-...ended to r ad:

"If the insured has o'hcr va1id a:l<l collectible

'I!sur.".nce (other tnan such ccncur ent 'nsura!!ce or a..y o".jer r. clerjr cncr".v 1

liab 1iitv i. -" a..ce ued bv (!t" 1 Atcjic L'.. e.,': 'bi '

f liner!rrjters or '.,ucl e r Lncrcv,JJ(j'iixl itv Los J ance p(

~ /.. !a r("(i tQ any Pet son Cr Qr=anl tatxon1 ai OL'go '

Lo sess Qr e::-CnSR CCVere by this pol,icy, the insJrence

"-. Qrded by t';:is polic, "'..all be e.-.cyss insurance over such otlier ins "-"....; pr vid

<., i'itn rcs" c" to any j>erson '.,io is not c"..".Lo.'ed at un'n co".!cetic~:ri".ij t::.e

=;:c~ litv

- such 1nsuxance as

'Ls af forded by tllis p'icv ox c-i 'y in:u v to an e-..ulo"c" o" the insured ar'isini-.

o t of a!.d 'll tl!e ccu"=e of his'nplo(".(!(>nt s!!al'e pri;,.ary insxirance under sucn Other insurance".

E.l.c-,j,.c D<<.!L o!

october 24, 197 tb:~ i.n(.0?$ n;"nt llew-79 T>c~'c)'

0 I:-.u"(l to D"e Or" TcS "

Ird.iana and Ilichigan Power Cornea.;r Decenber l6, 1974

~HIS IS TO

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';L(t~Y Llii(>A.IIYII>>G>.RY/IIITP(S fgj'U>>L A~Jl,>IS ~'r"(t~Y d'or tl i

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0 (iIC EX LOGY Ll tv L1TY T ':xDE!OVi<iT'i ib 4

1 I

0 NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS AMENDATORY ENDORSE!!ENZ (A lication of Polic

)

lt is agreed that Insuring Agreement IV of the policy, captioned "Application of Policy" is a ended to read as follows:

APPLICATION OF POLICY This policy applies only to bodily injury or property damage (l) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which written claim is made against the insured, not later than ten years after the end of tne policy period.

Effecu7e Date of October P4 l974 this Endor.em nt To form a part f Policy No.

Indiana and Michigan Power Company=

Issued to Date of Issu o

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p>>>>li'r the Subscribing Companies y

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/MUQUAC ATOMIC ENERGY LIARILITYUNDERWRIT"RS

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Endorsement iso.

Counter":gned by Qura oata ao R1h'xtsl N'l'A~a W>> N

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NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS INDUSTRY CREDIT RATING PM'REMIUM ENDORSEvt:-:iT.

Xt is agre'ed. that Condition 1 of the policy is replaced by the following.

CONDITION 1.

PREMIUM (1)

Definitions:

With reference to the premium for this policy:

"advance premium", for any calendar year, is the estimated standard premium for that calendar year; "standard premium", for any calendar year, is the premium for that calendar year computed in accordance with the companies'ules,

'rates, rating plans (other then the Industry Cr"dit'ating Plan),

premiums and minimum premiums applicable to this insuranc'e; "reserve premium" means that portion of the standard premium paid to the companies and specifically allocated under the Industry Credit Rating Plan for incurred losses.

The amount of the "reserve premium" for this policy for any calendar year during which this policy is in force is the amount des-ignated as such in the Standard Premium Endorsement for that calendar year;

'industry reserve premium", for any calendar year, is the sum of the reserve premiums for that calendar year for all Nuclear Energy Liability Policies issued by Nuclear Energy Liability Insurance Association and M tual Atomic Energy L'ability Under-writers and subject to the Industry Cred't Rating Flan; "policy refund ratio", for any calendar year, is the ratio of the named insured's reserve premium for that calendar year to the industry reserve premium cr ti.at calendar year; "incurred losses" means the sum of:

(1) all losses and expenses p-id by Nuclear Energy Liab-ility insurance Association and Mutua> Atomic Energy Liability Underwriters, and (2) all reserves for. unpaid losses and Expenses as estimated by Nuclear Energy Liability Insurance Association and Mutual Atomic Energy Liability Underwriter-

Page 2

INDUSTRY CREDIT RATIN"= PLAN PREMIUM ENDORSEMENT (Cont. )

because of obligations assumed and the expenses incurred in connection with such obligations by members of Nuclear Energy Liability Insurance Association and Mutual Atomic Energy Liability Underwriters under all Nuclear Energy Liability Policies issued by Nuclear Energy Liability Insurance Associa-tion and Mutual Atomic Energy Liability Underw iters and subject to the Industry Credit Rating Plan; "reserve for refunds", at th end of any calendar year, is the amount by which (1) the sum of all industry reserve premiums for the period i "om January 1,

1957 througn the end oz such calendar year exceeds (2) the total for the same period of (a) all in urred losses, valued as of the next following July 1,

and (b) all reserve premium re 'unds made under the Indus"ry Credit Rating Plan by members of Nuclear

.Energy Liability Insurance Association ahd Mutual Atomic Energy Liability Underwriter's; "indus'tzy reserve premium refund", for any calendar year, is determin d by mul"iplying the reserve fo" refunds at the end of the ninth calendar thereafter by the ratio of the industry zeserve premium for the alendar year for which the premium refund is being de"ermined to the sum of such a...ount and the

~ total industry reserve premiums zoz rhe next nine calendar years thereazter,

'provided tnat the industry reserve premium zef nd for any calendar year shall in no event be greater than the industry reserve premium for such calendar year, (2)

Payment of Advan e and Standard

Premiums, The named insured shall pay th companies the advance premium stated in the declarations, foz the period zrom the effective date of this policy through December 31 following.

Thereazt r, at the beginning oi e-"h calendar yeaz while tnis policy is in force, the named insured shall pay the advance premium ioz such year to the companies.

The advance pze,.ium for each calendar year shall be stat d in the Advance Pz mium Endorsement for such

'alendar'ear issued to the named insured as soon as practicalbe prior to or after the beginning of such yea As soon as p acticabie after each December 31 and azter the t zmination of this policy, the standard premium for the preceding calendar year shall be finally determined and stated in the Standard Premium Endorsenent for that calendar

year, Ii the standard premium so determined exceeds the advance premium previously paid for such 'calendar

year, the <<amed insured shall pay the excess to tha compa<<ies; if less the co...p, nies shall return to the named insured the excess portion paid by such insured.

0 Page 3

INDUSTRY CREDIT H 'Zl'.:G PLP2l 1

PR~rfIP! ENDOR:-"='"-4T (Cont. )

The named insured shall maxntain records oz the inzor..ation necessary for premium computatzon and shall send cooies oz such re=ores io th co..panies as d'rected, at the end of each calendar year, at the end oz the po-y period and at sucn other ti.es during rha policy period as the compan es may direct.

Use of Reserve

Premiums, All reserve premiums paid or payable fo" this policy may be used by tne members of ~!utual 'Atomzc Energy, 7.iabiizty Un"erl;rite.s to iscnarge their oblxgations with respect

<<o in=urzed losses whether such losses are in-curred unde". this policy or under any otnar policy z.ssued by Fuel a" Energy 'abil =y Insu an=a Assoc ation or !futual Atomic Energy I.iability Undervrirers.

Reserve Pr;;.iu= Rezunds, A portion oi the reserve premium for this policy for the zirst calencar

-ear of any group o.

ten conse=utive calendar years shall be returnable to the named insur pro'zded there is a reserve for refunds at the nd oz the.tenth ca enaar year

~

Computation oz Reserve Premium Re=un" s.

The reserve prem'un refund due the named ins red for any ca'endar year shall be determined by =.ultiplyxng a..y inc st y reserve premium rezund zor such calend

" yea" by th o' cy " ='.."'; -tio for such calendar yea",

'The reserve re, ium rezu"..d for any calendar year shall be i'inally deter...znad as soon as practicable after July 1 of the ten"h calendar. year thereafter, Final Pr m~:r The final p e...ium for th3.

policy shal'e the sum o"

-=-n ard p

emxu-, s fo'ach ca'n

-.". year, or portion the elf, duri"..g h'=h this po

~ =: re.-..sins in for e less the sum of a

1 refunds

~z reserve premiums dua the na-...ad insured under the provisions o-this Con t'on

0 Prlge 4

INDUSTRY CREDIT cJTL1IC.

PLAN PPJ.'.".'IUN E"DORSE.'Z'.IT (Con t. )

Reserve Pr~iuti Refund Agree-..~ant.

Each

...e-...ber of ~.utual Ato-... c Energy Liability Underwriters subscribin'this policy roz any cale<<dar year, or po"tion the".ec f, t!Tereby agrees for itseli, severally and not =jointly, cnd

=n the respective proport'on of.its liabil ty assu-.ed un er this policv for tn" t calendar yearp to Tolu>a to t.i>e na-...ed censured that portion of any reserve pre;..iu... refund due th-nan d insured for that cale~dar

year, determined in accordance vi'h tice provisions of th's Condition l.

Efl==t"c D:'tc o'ctober 24, 1974 Indiana and. Iiichigan Poorer Conoary To forIn a p"rt I Ohhh )

~ 10 Issued

'to Dhhr hrf I h'-'c Dao THIT v,i 'li0 C "T< "

TP4'1 V",

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Il".9 1S A h

r hl For the Subtcri'np Cc::qI.".:: cs 5~J.U l'UAL A I 0:".~IC '; EI'.(vY I IAI'ILl Y I'YDI'.iD':1~1'I'!FS Dy ger ~hVhh'Vg'V IlVTVl'I.-;.:

J'vn<.OIi r:IVX"alt I 10.

MMv~~ rrW~~"'

Ch<<h.tch" ilpllv.1h IIy h

AUl"vlc~/.:.0 RL'rvtr~ NlAl'L'L'4

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NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS INDUSTRY CREDIT RATING PLAN PPZHIPia ENDORSEMENT Xt is agreed. that Condition 1 of the policy is replaced by the following:

CONDXTXON" 1.

PREMIUM (1)

Definitions:

With reference to the premium for this policy:

fl~

II advance premium, for any calendar year, is the estimated standard premium for that calendar year; "standazd premium", for any calendar year, is the premium for that calendar yeaz computed in accordance with the companies'ules,

'rates, rating plans (other th"n the Industry Cr d't'ating Plan),

premiums

~ and minimum premiums applicable to this insuranc'e; "reserve premium" means that portion of the standard premium paid to the companies and specifically allocated under the Industry Credit Rating Plan for incuired losses.

The amount of the "reserve premium" for this policy for any calend-r year during which this policy is in force is the amount des-ignated as such in the Standard Premium Endorse'ment for that calendar year; uindustry reserve premium", for any calendar year, is the sum of the reserve premiums for that calendar year for all Nuclear Energy Liability Policies issued by Nuclear Energy Liability Insurance Association and M tual Atomic Energy L'ability Under-writers and subject to the Industry Credit Rating Flan; "policy refund ratio", for any calendar year, is the ratio of the named insured's reserve premium for that calendar year to the industry reserve premium cr that calendar year; "incurred losses" means the sum of:

all losses and expenses p -.id by Nuclear Energy Liab-ility Insurance Associat.ion and Hu ua'>. Atomic Ene gy Liability Underwriters, and all reserves for. unpaid losses and Expenses as estimated by Nuclear Energy Liability Insurance Association anc Mutual Atomic Energy Liabilkcy Underwriters

Page 2

INDUSTRY CREDIT RATIN"= PLUS PREHIRf ENDORSEMENT (Cont.)

because of obiigations assumed and the expenses incurred in connect>on with such obligations by members of Nuclear Energy Liability Insurance Association and iiutual Atomic Energy Liability Underwriters under all Nuclear Energy Liability Policies issued by Nuclear Energy Liability Insurance Associa-tion and

~mutual Atomic Energy Liability Underwriters and subject to the Industry Credit Rating Plan; "reserve for refunds", at the end of any calendar year, is the amount by which (1) the sum of all industry reserve premiums for the period from Janua y 1, 1957 through the end oz such calendar year'exceeds (2) me total zor the same peziod of (a) all incurred iosses, valued's of the next zollowing July 1,

and (b) ail zeserve premium refunds made under the indus"ry Credit Rating Pian by membe"s of Nuclear Energy Liability Insurance Association ahd Huiual Atomic Energy Liabiiity Underwriters; "industry reserve premium refund", zor any calendar year, is determin d by mul iplying the reserve fo" refunds at tne end of the ninth calendar thereafter by the ratio of the industry reserve premium zor the aiendar yea'or which the premium refund is being de" e;mined to the sum oz such amour 4 and thc

~ tota3. ir:dusrry reserve premiums for rhe next nine calendar years thereazter, provided thar. the "ncustry r'eserve premium ref 'nd for any caiendar year shall in no event be grearer than rhe industry reserve premium for such calenaar year.

Payment of Advan e and Standard

Premiums, The named insured shail pay the companies rhe advance oremium stated in-the declarations, for the period from me ezze'ctive date of th.s policy through December 31 -oilowing.

Zherea tar, at the beginning of

= h calendar year while rnis policy is in force, the named insured shall pay the aavance pr mium fo'- such year to the companies.

Ihe aavance p em'.um for each calendar year shall be stated in the Advance Premium Endorsement for such calendar year

'ssued to tne named insured as soon as practicalbe prio" 'to or aiter rhe babinnin~ of sucn yea As soon as p'cticabxe after each December 31 and azter the t rminarion of this poiicy, the stanaa d premiu'"; for the p.ecading

=alend..r year shall be finally date mined and stated in the Standard Premium Endorsement for that calendar

year, Ii the standard premium so determined exceeds the advance premiur:: previousiy para ior such 'calendar

year, the n:-.me.

insur>>."'ha13.

pay th excess to th" co...panies

'f less, the cr..pan>ca sha3.1 rer" rn to the named insured the exc ss portion pa d by such insured,

g ~

Page 3

INDUSTRY CREDIT R:1'I G PL&X PRP! IUH EX~CR3:-"~."I (Cont.")

The named insured shall magenta'n records of the inror.ation necessary for pranium computat on and shall send copies o

such recorcs to the companies as directed, az the end of each calendar year, ar the end oz the policy period and ac sucn oth r times during tha policy period as the compan es ray direct.

(3)

Use oz Reserve

Premiums, All reserve prewiu s pa'd or payable fo" this policy -ay be used by =ne members of;!utual Atonic nargy.Liabi z-y Underri e=s to d'scharge chair oblxgations arith respect to in urred losses whether suc'n losses are in-curred unde; thzs policy or under any orner policy issued by Zucl a" En gy Liabil =y Insu'-n=e Assoc=ation or !!utual Atomic Energy iiabilicy Unde".';- icers.

(4)

Reserve P" miu= Refunds.

A port'on of rha reserve pre~iua for this policy for the z rst calencar year of any group o

ten consecutive calendar years shall be racu able ro the named insu pro~ued there is a reserve

=or refunds at the end oi the.tenth calendar year-(5)

Computation oz Reserve Prariu-..: Re"unds.

The reserve premium refund due the named'ns rad =or any ca'ender year sha'l be deterrined by =.ultiplyxng an'n"ust y reserve pre...iu~ rezund zor such calendar yea" by rhe pocy rezund racio for such calendar year~

'Ihe reserve pre"...iun rezu,.G fo any calendar year shall be finally determ

-..ad as soon as pract cable azter

~uly l of the ten=h calendar year.hereafter, (6)

Final Pre:ni'-.

1'he inal pre...ium for ches policy shal'e the sun of ~z=-ndard p

e...zu-...s for eac'n calendar year or portion t.he'eoz, curing "n =h n's po';

re.-.. '..s '.. ='"rce ess the sum of a l rezu'n

=

Dz r es 'e pr e..liu:.".s due the n...=d

".sur d

under the pro';isions o= this Cc-..dxt'on '.

~ age 4

INDUST.'Y C r" DIT F X I'.iG PEA'8 PPE)'lii)J E'.:"p..SE;L'.;I (Cont. )

(7)

Reserve Prwiu"..> Rc und Agree"..~tnt.

Each

...ember of Mutual Atomic Energy Liability Under,writers subscribing tnis policy for any calcud" l vcarq or no tion the.eo'~;Ql c '

ccs Cor itself ~

sevcra] ly and not 'ointly, 'd in t:he respective proport'on oC.its liability assumed un=. r this policv ~or tnat calendar

year, to return to t.he na-...cc 'nsurcd th t portion of any reserve pre"...ium efund duc th nam d insured for that calendar year, detenincd in accordance with thc provisions of this Condi t:ion l.

. KPe-t'.vc Date of pctober 24, l974 tolls Eli>> 0."ftn:cn't To fortn

.". p"rt

'Pc".'o 7

Issued to Indiana and. Hichigan Po:rer Cont)any Date of I..'

De~

NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC EictERGY LIABILITYUNDER%'RITERS Vaivex of D fenses Hr:dorse!"".nt (E::trao clinary >iiicleir Occur:rene' (Fi!CT<,l'i"8

r. Oi>H)

j. le rla::><'.c (lisured, acting for, liim"c 1f 'nd every other

~.."tired und r the pol'y end the m.':...oe 's

<IZ l:1 'u.

Ator>ic i'.c:crpy Linoi3ity Underwriters agr. e as.fol:ows:

... )lith respect to nay cxtraord<nery nuclear occu;rcnce to which the policy apple~

~

as roo u" finan iel protection end which (a)

Ar sen ou" o. o" reo<<1ts from or occurs in the course of the construction, i.esse sion, or operation of the f,.cility, or (o)

'.,rises out of. or xe-ults from or occurs ir! tl:e course of i:he tr"nsportetio \\

of nu.lear material tn or from the feei"ity, g

1

! l ri >ureds

<<!ld tfl corgpanies agree to waive (1) any issu" or defens<

as to the conduct of. the c3.aimant cr the ver'lt of the insu< ed z illcludirig, but riot limited to'.

C>

~ g (qq'!

('il:.

<'q) ne".li<,;ence-con tran bu 'ory ne Q L'1I',ence P asu<c!p tie!) 0f ris'nd lirIforede<

I:le intel-.;enir.;;

conduct of a third pi;rsoil,

causes, whether invo3vin"-

I.'I>..

o iin aci: of Gad I

(2) iiny iss>><

o<<lefan>te aa to cheritaole or ~ovelwmental ir>m.unity, s!id any ias;le ol defense

!~ased on any statute Of j.ir~ritati il if s<<,t "Q ins>i-tuted w:.t>>in thxec!

y>.'.ars from the de>".e or! which th" clair".ant first '.;nci'>>.

reason

~

> v cJJurcd i!a '"

>cnown C.". h's bodi3 y in'Iury o" prop<<xty

>53<ilc!Q i nd thc

>'se tllerenf - put in no event Iiloxe I'i<a"1 te'll y.ars ilftcr th" d,""'

f t!1>a nL!elear <nci<I<'Ilt, x i' r

l>nv.'i'.ICI!.. "'ue Or:'<:f ms<!

Sh!1 '

he eff !CI:5., ><'e~<'aXCI3>e.-S Of

..>!Cl'1 <<ssu'r clefen

'?

I",.Cy Ithe3.wis<'. !le deem di.ju isdici,".roil 3

0 " 're3.<l" inlJ, i-II>>c:.

to an c ir>

r

~

~ W )iaiv '3 cel. fort '!:L'!l;il:."P pli 3.,

aoov<

do noi: a jply co

".a!lily 5n

"ry o" proper'V

<.ac>a~.

1<:'Iicll 'n Inter:tionally n!!stair!>i<< by t<<e r 4 ~

~ >

~

J

~

c 1:</I'."lit or wllicl).;. u l;ii f I'> "'> rl>>".3ca'!icicle!;4 J n'.:c.'n<-'ionalJ J' i>> wrt!ic,"-.

J'u.i,'y

<I:I'.cs<. d by the c J.<ci>:i<I!:t;

',")I I y i ) ", >iry f<> s."<iiri<<: I tiy <<r!,"

<..3 <> I mant l ho '

cc::>>> 3<>><l ~ u

<>t tile

>ir,. 0 L

~ <1<i cc::ii< ti>r! w

'll ti<<! a<ltivit,i.'>'><cer>.,the o):<'LQA ci >!ii>'>>'u

~ <<3

'c n If ii ~ nc

< I

', t!;ere fn;;;!rc eitjl>er pay>'cb i,e,>r

.'c.i>u".<.'.>.',: <.'>:.

p i r 1...<>> "I'I:Il'i'il}'e'<Ji.<>'<<3 s

cc)<'>">",I: > foll oi.

<icc<<I)<il.'<n ci " s(""'i:L.w:,

(< ani J

C

~ >i>\\

Vaiver of Ocfenses Endorsement - contirucd (Page 2)

(c)

Any claim for pur.'.tive or exemplary

damages, provided, with respect to any claim fo wrongful deat 1 under a>>y St.! te law whic<<provides for d=".,a es only punitive in nature, this exclusion do s:!ot apply to thc extent that the claimant...as sustained actual

damages, measured by the. pecuniary in-juries resulting from such death but not to exceed the maximum amount other-wise recoverable under such law.

3, The waivers set orth in paragraph

1. above shall be e fective with respect to bodi.y injury o" property da. are to whicn tl:e pol icy applies under i s tems other than this endorsement.

Such waivers sh"11 not apply to, or prejudice the p;osccu" ion or defense of any claim or portion of cl=im which is not within t!!c p;ot.<<ction af"orded under (1)

The provisions of thc to icy applicable to the financial protection required of the named

insured, (2)

The agreement of indemnification between t!!e named insured and the

~

Atonic En".ry Commission made pursuant to section 170 oi tl!

Ako...ic Energy Act of 1954, as

amended, arrl (3)

The limit of 1 iability provisions of sub."'ection l,70 e. of t'e Atomic Energy Act of 1954, as amended.

Such waivers "hall not !>rcclude a dcfersc based upon the failure of the claimant tc take reasonable steps to t!itigate da!!!ages.

Subject to all of thc'limitations stated in this" encorsemcnt and ir. thc htcmic Energy Act of 1954, as

amended, tl!e waiver" set Co! th in oaragranh l. above shal 1 he;udicial1y enforceablc in accordance w'

h their terms ar;airst any insnrcd ir.-n a" ion to recover da-.. ~"cs t "cause of l.od'y injury or property dam:-.~c to which:r.-.. pol ic

<

IIC ENERGY LIABILII Y UNDERWRITERS .By s, Endorsement iso. NE-33 l/I/69 Countcrsigncd by A,trriioaaao Rararissrw>va ADVANCE PREHIb~ii ENDORSPi'iEKT and STANDARD PRBiIPii ENDORSBIENT Calendar Year ADVANCE PRR4IL":i It is agreed. that the Advance Pregium due the companies for the calendar year designated above is 9 2. STANDARD PRPiiIEi AND RESERVE PREHIKi In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to. the provisions of the Industry Credit Rating Plan, the Standard Premium and Reserve Premium are: Standard Premium 2,045.18 'eserve Premium )1,371.26 Etfectlve Date of this Endorsement October 24, 1 74 Indiana and tiichigan Pover Company Issued to To form a pert of Policy No December 17, 1974 Date of lou THIS IS TO CERTIFY THAT THIS I TRUE COPY OF ENDORSEh'IENT NO......h....... IAADE PART OF NUCLEAR ENERGY POLICY (FACILITY FORM) Ii0, tnF gg, NO INSURANCE IS FORDED NOES'HIS TRUE For the Subscribing Companies MUTUAI ATOMIC ENERGY LIABILITYUNDEWVRITERS RICHARD E GOODhlAN SECRETARY MUTUAL ATOMIC ENERGY LIABILITY IINDERVIRITERS En(lorsement No,'ountowignod hy huT'>Ioelxvu Ili:vwvs~vr~nvv NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS ADVANCE DR~i@! "NDDESE>!E!r'T and STAHDARD PPZMIbt~a ENDORSE~KhT Calendar Year >97S 1. ADVANCE PREMIUiaf It is agreed that the Advance Premium,due the companies for the calendar year designated above is $ 13,162.50 2. STA'tTDARD PREMIf>f AND RESERVE KK=.;~V,:f In the absence of a change in t:he Advance Premium indicated above, it is agreed that, subject to t:he provisions of the Industry Credit Rating Plan, the Standard Premium and Reserve Premium are: Reserve Premium Standard P emium $ 13".162.50 9B515.25 ~'Effective Date of F this Endorsement'anttaLX; 1 1975 Issued to'ndiana and. lfichitBan Pc'-er Ccznany Date of Issue Decemoer 31, 19(4 To form a cart of Policy No. l~F-79 For the Subscribing Companies 'TUAL ATO~fiC Eb~~RGY LIABILIxlUKDZRttRXTWS AUTHORIZED REPRZSEAVi %TIVE THIS IS TO CERTIFY THAT THIS IS A r TRUE COPY OF ENDORSEMENT HO....9...,.. MADE PART OF NUCLEAR EI>ERGY POLICY (FACILITY FORLI) IIO. hIF...7..I,. NO IHSURANCE IS A "ORDED OER THIS TRUE By Yi& &r RICHARD E. GOODMAN, SECRETARY t!IUTUAL ATOh'IIC EHERGY LIABILITYUNDERWRITERS Endorsenent No. 9 Countersigned by '0 NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDERWRITERS SUPPLE~KNTARY EP30RSE:Ei:T Ti'AIVER OP DEF""'USES REACTOR CO.':ST!IUCTlGN AT T:!E i'AC'KLITY lr is agreed that in construing tne applicat'on of paragraph 2 (b) of the Ti'aiver of defenses E..dorse...ent: (4"-33) with "espect to an extraord'nary nuc ~ ear cccur-rence occurring at the acilit y, a cia'mant.,;!.o is enrployed at the facility..in - connection with th construction of-a nuclear reactor with respect to which -ro "per'inny license he>> 'r en. issuer! by'ne ~tcraic.~~r-y Coramiss on shall ro" be. consid'-,red'as e.-...ioyod "in cor nection with tr,e activity where the e>:trao dinary rruclear cccurrence takes place if: "he claimant is employed exclusively in connect on with the construction 'of a nuclear re ctor, including. all related., equipment and installations at the facility, and "(2) no ope a"ing*li'cense'has been issued by th'e At'oa'.ic Energy Co~iis-sion wi th respect to the nuclear reactor, and (3) the cia +ant is no" employed in connection with.the possession,

storag, u

e or transfer of nuclear materia't the facil: ty. To forn> a part this Endorser.".eat Pc/icy Yo. Indiana and Mich'gan Power Company Issued to Janua y 6, 1975 Date or Issue THIS IS TO CERTIFY TIIAT THIS IS A TRUE COPY OF EiIOORS.'.MENT NO...../L...~ MAOE PARI OF IIUCLEAR ENERGY POLICY lf'ACILITYF,'I'..') NO. IIF......j.g... IIO 'INSURAN 'F. IS Af'Ftt.lD'.0 UNQ"R THIS ' TRUE COPY. For the Suhs-ribrn-Co:vpanies MUTUAL ATOiIICEYZRG 'irsBIIITY UNDER'P:,lilTr P.'.. Bf CH II!f 8k.,l~i S: A". "RITERS MUTUAL ATOI'IIC ENERGY LIABI ITr UNIIEU Endorser. cot Nn. 10

• Corrlatcrsi>>ir!rd by A'"nro;:.= > Rr.-ac~":rri-.rrr'

NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATOMIC ENERGY LIABILITYUNDER%'RITERS Amendment o Cond" 4 Endorsement Xt is agreed ti.at with respect to bodily 'nJury after the effective date of this endorse;.:.>>= hy the figure $13,500,000 stated 'n Condition 4 of read $24,750,000. "ud property damage caused th>> nuclear el <<rgy hazard the policy is.arlended to Effectiv Date of this Endorsement To form a p rt Is-ucd to 3:rldiana and. >!ichipan Power Ccaoan-January 29, 197'ate of Issu +HIS IS TO CERTIFY THAT THIS IS A TRUE.COPY OF ENOORSEI)')ENT IIO.....ll....... tAAOE PART OF NUCLEAR) Ell':;."GY POLICY IFACILITY FORNi) NO. ]Jr...X)...... )IO INSURANCE IS ArrL;cO.D lil'O'llTINS JRUE For the SubscribinZ Compania I 'MUTUALATOMIC EYERG. LI.-'BILITYI.."DZRA'J'", 'ERS RICHARD E. GOOD)AAII, SECRETARY IIUTUALATOMIC ENERGY LIABILITYUNDERWRITERS Endorsement No. Countersigned by Atraovrso Rvrazszsvam s NE 43A (1/.'/74) NUCLEAR ENERGY LIABILITYINSURANCE MUTUAL ATONIC ENERGY LIABILITYUNDERWRITERS Amendmen of Condition " Kndorsemen It is agreed that with respect to 3odily injury and grope ty de~a"e caused after the effective date of this endorsement 3y th nuclear energy hazard the figure $24,750,000 stated in Cond'tion i of the policy is amended to read 426,125,000. Effective Date of thh Endorsement Zanuar 1 To form a part f Policy No. a Issued to Indiana and. Michigan Power Ccmpany Date of lssu ~ pe 1H'S IS ><) C For the Subscribing Companies MUTUALATOM!C ENERGY LIABILITYUNDER%'RITERS / I"A..MI t' iuTL'>>S Endorsem nt No. Countersigned by AQTHokrzED REPREsc'STAN'E NUCLFAR ENERGY LIABILITYINSURANCE MUTUALATOMIC ENERGY LIABILITYUNDERWRITERS Increase Of Limit Of Liabilit Endorsement lt i" ar reed that: 1. The limit of liability stated in Item 4 of the declarations of the policy is amended to read 828,125 000 This amended limit applies with respect. to obligations assumed or expenses incurred because of bodily injury or property damage

caused, during the period from the effective date of this endorsement to the date ot termination of he policy, by the nuclear energy hazard.

2, The limit of liabil'ty stated in Item 4 of the declarations and the amended lim'.t of )iabil'ty stated in paragraph I above shall not be cumulative, and each payment made by the companies after the ef fective date of this endorsement for any loss or expense covered by the pol'cy shall reduce by the. amount of such payment both the limit of liability stated in I'.em 4 of the declarations and the amended limit of liability stated in paragraph I above, regardless or which limit of liability applies with respect to the bodily injury.or property damage out of which such 'oss or expense arises. Eirccttvc Date of c.'iis 1'.adore:=.cnt To fo~m a part ~( Policy No. Tccocd co ~y Date 0 I3suc frigo'~i coo '>'il cc llcc For the Subscribing C n>panics bIUTUALATOifICENERGY LMILIlYUNDERWRITERS n ~ ~ titUTHl'i y', , cc.:" co" ct'c iU"'c)y...cI,g ff'fthm Enc!orsc.ncnt No. it~ 13 Countcrsipncd by !VTnciUIEDRsl'I'CSC)orhi1Va 0 I ~ s' t Qlucbar Energy Uabglry 1nsuranse ~ NUCLSN ENERGY-UASIUTY lNSURANCE 4ssoglgyioN Address of Nuclear Ener Liabilit Insurance Association Endorsement It is agreed that the address of the Nuclear Energy Liability Insurance Association appearing in the "Company Representation" condition of the policy is amended to read: The Exchange Farmington Avenue Farmington, Connecticut 06032 ~ ~ ~ 4 ihk is to certify that this is a true copy ot the oriana Endorsement having the endorsem t b oi'he Nuclear Znergv Iiabklit Poli en num er and 2>ekng made Q e part y o icy (Facility Form) as des-rance. kp atgc~ he~egn4o~ r i bilityUn3ersrktkng b l Property Insurance Assoc r Nuclear. Energy ia ~ ~ Efcc&e Ihde of this Zodo April 1, 1974 To foaa a psst of PaUcg¹ ':OC hJa Suudssd Tame tndl.;nn Ec i!ic,hl"r,an Pag.'er Car~!>.-ny March 15, 1974 'otd>> Subsahlag Companies Date of hsae Pink 'gent/Broker Ye I low (2) Submitting Company By enera anager NE 37B (4/1/74) Gountemgned by ~ f Nuclear Energy floI>llltyfnsurance NVCLEARRERGY LIABILITY iNSURANCE ASSOCIATION R INCREASE OF LIMIT OF LIABILITYENDORSEHENT It is agreed that: '1. The limit of liability stated in Item 4 of the declarations of the policy is amended to read 85,250,rl00 This amended limit applies with respect to obligations assumed or expenses incurred because of bodily injury or property damage

caused, during the period from the effective date of this

'ndorsement to the date of termination of the policy, by the nuclear energy hazard. 2. The limit of liability stated in Item 4 of the declarations and the amended limit of liability stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective date of this endorsement for any loss or, expense covered by the policy shall reduce by the amount of such payment both the limit of liability stated in Item 4 of the declarations and the amended limit stated in paragraph 1 above, regardless of which limit of liability'pplies with respect to the bodily injury or property damage out of which such loss or expense arises. s r p s ~ s ~ ~ 1 ~ t ) ~ ~ 7 l ~ r

,.ar jneer. 'r- '.r '.a3 s i,:.'.Qp3z'-:j.'GQQ1;

-'"0 October 2d; 1974 this Zndorsemen 12:01 h.M. Standard Time Indiana and Hichigan Power Company Issued t D,tfI'ctober 29 1 74 'I NF-20t'o form a part of Policy No For tbe Subscribing Cornpanks By one ra anager Eadorsement No Countersigned by 'uciear hnergIr Liability insurar NUCLEARlERGY LIABILITYINSURANCE SOCIATION ADVANCE PREHIUH AND STANDARD PREHIUM ENDORSEI'IENT Calendar Xear 1974 It is agreed that Items la. and lb. of Endorsement No. are amended to read: la. ADVANCE PREHIUH: It is agreed that the Advance Premium due the companies for the period designated above is: 8,052.82 lb. STANDARD PREHDM AND RESERVE PREMIE1: 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: 5,399.30 Additional Premium: $ 6,672.22 I ~ . 'i:. ~ J vtv P/ ~ >J IS~i~tf C "(P ~ 4 l)V M<<<<tive M e of Janua ry.1, '974 HF-206 this Endors<<rn<<n To form a part of Pohcy No I2:01 h.hf. Standard Time Issu<<d to Indiana 8 tlichi9an Power Company November 20, 1974 Date of Issue For the subscribin8 compania By Genera anager Endors<<rn<<nt No 17 Count<<rsisn<<d by 1) 2) v) a g labili Insuranc NUCLEAR E NTY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT Calendar Year 1975 la ~ b. gdh<<hgd Phdh d for the period designated above is: 45,337.50 In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the pro-visions of the Industry Credit Rating Plan, the. Standard Premium is said Advance Premium and the Reserve Premium is: 37,774.75 2 ~ It is agreed that with respect to bodily injury or property damage

caused, during the effective period of this endorsement, by the nuclear energy hazard:

a. The word "companies" wherever used, in the policy means the subscribing companies listed on the reverse side of, this endorsement.

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

c. Each such company shall be liable only for its pro-portion of any obligation assumed or expense incurred under the policy because of such bodily injury or property damage as designated on the reverse side of this endorsement. 3. It is agreed that the effective period of this endorsement is to the close of December 31st of the Calendar Year designated in the caption above, or to the time of the termination or cancelation of the policy, if sooner. (over) Januar 1 1975 12:Ol h.M. Standard Time December 12 1974 To form a pact of 'Policy No t.'lr-:rQi rn<'4 gg, 5 ref'a~tg<>qn Pcl;'y C'"..gp-tty Date of hsuc For th au COAl green Agent/ Bro ker yellow (2) Submitting Company By Ge neraT Manager Eadoacmeat No NE-35 (1/1/75) CoMltcNigoed 4 PROPORTION OF IDOS 10.7304909 2.2482933 3.6790255 .5109758 .2861464 .3270245 3.8834158 5.8251237 6.6426849 1.1241467 4 '878061 PA 19106 1.3285370 1.1241467 .2043903 .5620733 8.1756121 .5109758 1.9928055 8.6865879 3065855 1.6351224 .2043903 .2043903 .7153661 .3065855 .1277439 .6131709 .1021952 1.0219515 4.1389037 3.9058987 .4087806 1.3796346 . 6131709 ~ 0868659 ~ 4087806 11.4458570 203 6.'7448800 07960 2.6775130 1.0219515 SUBSCRIBING CCHPANIES Aetna Casualty and Surety Company,

The, 151 Farmington Ave., ibrtford Conn.

06115 Aetna Insurance

Company, 55 Elm St.,'artford.

Conn 06115 Allstate Insurance

Company, 8324 Skokle Blvd., Skokie, Ill.

60076 American Hotorists Insurance

Company, Long Grove, Ill.,

60049 Argonaut Insurance Company, Henlo Park, California 94025 Centennial Insurance

Company, 45 Hall Street, New York, New York 10005 Comaerciai Union Insurance

Company, One Beacon Street, Boston, Hass.

02108 Continental Casualty

Company, 310 South Hichigan Ave, Chicago, 111.

60604 Continental Insurance

Company, The 80 Haiden Lane, New York, New York 10038 Federal Insurance

Company, 51 John F.

Kennedy Parkwy, ShortHills, New Jersey 07078 Fireman's Fund Insurance

Company, 3333 Cal ifornia St.,

San Francisco, California 94119 General Accident Fire and Life Assurance Corporation, Ltd., Fourth and lblnut St. Philadelphia Great American Insurance

Company, 6310 St. Vincente Blvd., Los Angeles, Calif 90048 Gulf Insurance

Company, 3015 Cedar Spring Road, Dallas, Texas 75219 Hanover Insurance

Company, The 440 Lincoln Street, Norcester, Hass 01605 Hartford Accident and Indemnity Company 690 Asylum Ave, Hartford, Connecticut 06115 ibrtford Steam Boiler Inspection and Insurance Company>

The 56 Prospect St., Hartford, CT 06102 Home Indemnity Company, The 59 Haiden La., New York, New York 10038 Insurance Company of tbrth America 1600 Arch Street, Philadelphia, PA 19101 Hanhattan Fire and Harine Insurance

Company, The, 260 Long Ridge Road, Stamford, CT 06902 Haryland Casualty

Company, 3910 Keswick Road, Baltimore, Haryland 21211 Honarch Insurance Company of Ohio, The 19 Rector Street New York, New York 10006 New Hampshire Insurance

Company, 1750 Elm Street, Hanchester, New ibmpshire 03104 Northwestern ibtional Insurance Co..

731 North Jackson St., Hllwaukee, Wisconsin 53202 Pacific Indoanity Company, 3200 Nishire Blvd., Los Angeles, California 90054 Peerless Insurance Company. 62 Haple Avenue Keene, New lbmpshire 03431 Phoenix Assurance Company of Hew York, 80 Haiden La, New York, New York 10038 Providence Hashington Insurance

Company, 20 ibshington Pl, Providence, Rhode Island 02901

'Reliance Insurance

Company, 4 Penn Plaza, Philadelphia, PA 19103 Royal<lobe Insurance

Company, 150 WIII1am Street, New York. New York 10038 St. Paul Fire and Harine Insurance

Ceapany, 385 Hashington Street, St. Paul, Hinnesota 55102 Seaboard Surety Company, 90 William St.,

New York, New York 10038 Security Insurance Company of Hartford, 1000 Asylum Avenue, ibrtford, CT 06101 State Farm Fire and Casualty Company,'12 East lbshington St., Bloomington, Ill. 61701 Stuyvesant Insurance

Company, 1105 Hamilton St., Allentown, PA 18101 Transamerica Insurance Company.

1150 South Olive St., Los Angeles, California 90015 Travelers Indemnity Company. The. One Tower Square, ibrtford. Connecticut 06115 " United States Fidelity and Guara'nty Company, U.S. Fidelity and Guaranty Bldg., Baltimore HD. 21 United States Fire Insurance Company, Hadison Ave.. and Canfield Road, Horristown, New Jersey lur ich Insurance

Company, 111 liest Jackson Blvd., Chicago, Illinois 60604 NE-75 sais is to certify that this is a true copy of the orignal Endoxsement having the enc orsement number and being made part of the I u ear Energy.'ia'lityPolicy (Facility Pormg as des ignat ed, e

e n Ho I - ra ce is afgoz4e4 he~e~gom 'Charades R. BardeS, Manager-Iiability Undergfriting Isuclear. %orgy Iiab lity-Property Insurance Assoc,l Nuclea er P iabt ' ~ Insurance NUCLEAR E 6 IL INSURANCE ASSOCIATION Amendment of Condition 4 Endorsement It is agreed that with respect to bodily injury or property damage caused after the'effective date of this endorsement by the nuclear energy hazard, the figure $85,250,000 stated in Condition 4 of the policy is amended to read $96,875,000. 5gaateg her. o, 'lct Xt. r oe 5p affect 04 This 'iS to'corti'5'y that this is a true copy oP tho cr'i'gnaX .".ndorsement having the endorsement number and being made p;rt

c. the Quoit r Energy i'iabilityPolicy (facilityForm),as Qes-hez~idtg

'CharXe cue '; Manager-'I'iability Uncfermritinfs Fiuclear. Energy Xiai lity-Property Znsurance Assoc EfFective Date of this Endorsem<<n Ja nuar 1 1975 12:01 h.M. Standard Time To form a part of Policy No li)>'i> hsued t .lnclioctc fi 1 tg.c:h(~'oft Pot nr t;cjmp-tn" Januar 10,'975 For su COIII gl GREEN PINK (2 AGENT/BROKER SUBMITTING C011PANY By Cenera 'Manager Endorsement No 1/1/75 NE 43B Countersigned ~ >>~r>>&)~ ~ I)\\8 ~ ~ ~ ~ NUCLEA NERGY LIABILITYINSURANCE SOCIATION INCREASE OF LIMIT OF LIABILITYEflDORSEHENT After Prior Increa se It is agreed that: 2. The limit of liability stated in Item 4 of the declarations as amended by the Increase of Limit of Liability Endorsement(s) listed below is further amended to read $ 96,875,000. This amended limit applies. with respect to obligations assumed or expenses incurred because of bodily injury or property damage

caused, during the period from the effective date of trlis endorsement to the date of termination of the policy, by the

'uclear energy hazard. The original.limit of liability stated in Item 4 of the declara-tions, the limit(s) of liability stated in the Increase of Limit of Liability Endorsement (s) listed below and the amended limit of liability stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of such payment the limit of liability originally stated in Item 4 of the declarations, the amended 1 imit(s) of liability stated in the Increase of Limit of Liability Endorsement(s) listed below and the amended limit of liability stated in paragraph 1 above, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises. Previous Increase of Limit of Liabilit Endorsement s a c Xn. tra.~ce ~< re:fordt d hereunder., ) l'5 j ) t e a,-, 1: ger-Mability Underwriting '-,~r ated herc ~ 1 I, nuclear. ~erg I ~ bi ity-Property?nsurance assoc,i Endorsement No(s): 16 Fni5 'i'5 uo oert'H'y that this 'is a 'truepy oF) ther'i'gnaX Endorsement having the endorsement number and being made part o+ the boucle Ener".~ I bilityPol'icy cilityPorm). as das-Mcctire Date of March 21, 1975 Yo form a pact of Policy No l2:ct h.h{. Standard Time Indiana 6 Hichigan Power Company Issued r Np .206 Date of Issue March 21, 1975 For su ribicg <om nics By GeneroT Manager Eadorscrncnt No 20 Countersigned by NUCLEI'R BARGY LIABILITY INSURANCE OC!ATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT Calendar Year It is agreed that Items la. and lb. of Endorsement No. 18 are amended to read: la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: 49,894.50 lb. STANDARD PREMIUM AND RESERVE PREHIUM: 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 Rest rve Premium is: 36s146 93 .qt he.in'2ear Pn. Sy 'n ufo Ins endorsement number and being made part o.. 'n,'N <PP. <<>> Facility Zorm) as das-e1 hereunto@< abilityPoli ( rance is afric Additional Premium: $4,557. 00 - Knits XS to 'oertii'y that this 'iS a true 'copy oX the 'br'i~a'I u'ado rs s 'Charli .. Ba des, . nager-Liability 'Pnder>vri'ti'ng hueless guerIiy Liabi i y-Property Insurance Assoc>> Kifeetive Date of January 1, 1975 Ihb L'onemenl 12:ot h.hf. Standatd Time hsued t Indiana 6 Hichi an Power Company March 21, 1975 Date of issue To fotnt a psst of Policy No Sos the s ey NF-206 nera anager Kndossetnent No MS& 21 >>.ountessisned by