ML18283B808

Forwarding Endorsement No. 39 & 40 to Browns Ferry Nelia Policy NF-198. Endorsement No. 39 Increases Policy Limit of Liability to $108,500,000 Effective 5/1/1977 to Satisfy NRC Financial Protection Requirements

ML18283B808
Person / Time
Site:	Browns Ferry
Issue date:	05/09/1977
From:	Duck J Nuclear Insurance Consultants
To:	Saltzman J Office of Nuclear Reactor Regulation
References
Download: ML18283B808 (5)

Text

U,S NUCLFAR REGULATORY CO MISSION DOCKET'NUMBER IVI;C I oRM 195

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FILE NUMBER NRC DISTRIBUTION FoR PART 60 DOCI(ET MATERIAL 10: FROM. DATE OF DOCUMENT Nuclear Insurance Consultants 5/9/77 Mr. Jerome Saltzman New York, N~ Y DATE RECEIVED

'John RE Duck, Jr 5/11/77 t.l TTLR .0NOTORIZI; D PROP INPUT FORM NUMBER OF COPIES RECEIVED

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DESCR PTION "KLINCLASSIFIED ENCLOSURE j~ i<~~

L'tr~ w/attached Endorsements No, 39 and 40 to NELDI. Policy NF-1980 ~ ~ ~ ~

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.KCKNOWLZggZD PI, !I'i IiHIE;: Browns Ferry Units 1-2-3 RJL FOR ACTION/INFORMATION I

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INTERNAL DISTRIBUT10IV E)w TE fiIVALDIST IlI IUTiON CONTIlOL NUMBER Igyrrrr.

771330030 NIIC I:ORM 1SS I2.76)

1221 Avenue of the Americas New York, New York ~nO20 Telephone 212 997-May 9, 1977 Nr. Jerome Saltzman $ $ JL..t /

Deputy Chief Office of Antitrust 8 Indemnity Nuclear Reactor Regulation Nuclear Regulatory Commission Washington, D. C. 20555 A

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Tennessee Valley Authority Browns Ferry Nuclear Plant NELIA Policy NF-198 Endorsements No. 39 and 40

Dear Jerry:

Enclosed for your records are eight certified copies each of Endorsements No. 39 and 40 to NELIA Policy NF-198.

Endorsement 39 increases the policy Limit of Liability to

$ 108,500,000 effective 1 Nay 1977 to satisfy the recently published requirement to provide such amount of financial protection as of this date.

Very truly yours, ohn R. Duck, Jr.

JRD:mah Encs.

CC: E. J. Brooks E. Kvaven 771330030 A technical service of Marsh & McLennan, Incorporated

r Near Energy Liabifity Insurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILITYENDORSEMENT After Prior Increase)

It is agreed that:

1. 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 0 108 500 000.00 This amended limit applies with respect to ob 1gatsons 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 of termination of the policy, by the nuclear energy hazard.

2. 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 liabi'lity 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 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, 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 Endorsement No(s): 16, 21 and 28 This is to certify that h's is a'true copy of'the orig'i'naZ Endorsement having the endo c-~e:"t nu"b r and being made part of the Nucloa" ie r"; L oi ~,co 1 !=..cilityForm ) as des-ignated h nsu ance is ago 'ded hereunder.

)v,Q C".a~'a "i - -==" - " -"-- -Liabil'"'ndcrtyriting Effective Date of Nuclear Energy Liability-Property Insurance Assoc.

this Endorsement ga> 1, 1977 To form a part of Policy No NF-198 12:01 A.M. Standard Time Tennessee Valley Authority For the su cribing co panles Pate of Issue By General Manager Endorsement No 39 Countersigned by

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uciear Ener9y Liability Insurance NUCLEAR ENERGY LIABILITYINSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1977 It is agreed that Items la. and lb. of Endorsement No. 36 are amended to read:

la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 333 581. 70 lb. 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 arid the Reserve Premium is: $ 251 197. 09 Additional Premium: $9 360.45 This is to certify that this is a true'.uicopy of.'ei'Q the having the endo .",o.> )e - . '.. e paI oriRina1'ndorsencnc of the Nuclear Ene""y Lie~i:-l-: o'-; (-- 'ciliary Fore> as des-ignated hereon. No Insurance is afforded hereunder, I

iability-Proper y ns Nuclear Energy 1 Effective Date of this Endorsement January 1, 1977 12:01 A.M. Standard Time issued to Tennessee Valley Authority For the su crlbing co panies Date of Issue By General Manager Endorsement No 4 Countersigned by NE-36

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