ML19031B242

Endorsement No. 1 to Maelu Binder No. XB-60

ML19031B242
Person / Time
Site:	Salem
Issue date:	01/25/1978
From:	Hartley T Nuclear Insurance Consultants
To:	Saltzman J Office of Nuclear Reactor Regulation
References
Download: ML19031B242 (3)

Text

New York, New York Telephone 212 997-5771 1001 1221 Avenue of the Americas January 25, 1978 Mr. Jerome Saltzman Chief Office of Antitrust & Indemnity Nuclear Reactor Regulation Nuclear Regulatory Commission Washington, D.C. 20555 Public Service Electric & *Gas Company Salem Nuclear Generating Station MAELU Binder No. XB-60~ Endorsement No, l

Dear Mr. Saltzman:

On behalf of P.S.E~&G., enclosed are two certified copies of Endorseme~t No. l to Binder No. XB~60.

It is the 1978 Annual Premium Endorsement.

Very truly yours,

/&j..lf~

/rhomar F. Har71 ey, Jr.

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TFH:ccc Enc.

cc: R. Griffiths A technical service of Marsh & Mclennan, Incorporated

_ Nuclear Energy Liability Insurance

. MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS

1) ANNUAL PREMIUM ENDORSEMENT

2) SUBSCRIBING COMPANIES AND THEIR PROPORTIONATE LIABILITY ENDORSEMENT Calendar Year 1978

1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is:. $1,350.00.

2. It is agreed that with respect to (i) bodily mJury. or property damage:

caused, during the effective period or this endorsement, by the radioactive, toxic, explosive or other hazardous properties of nuclear material, and (ii) contingent liability as provided in Condition 4 for excess incurred losses because retrospective premium due under one or more binders with respect to .such bodily .injury or. property damage 0

• *is not paid:

a. The word 11 companies 11 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 prop-ortion designated next to. its name of any obligation assumed or expense incurred under the policy.

3. It is agreed that the effective period of this endorsement is from the beginning of the effective date of this endorsement st<;1.ted below, to the close of December 31st of the Calendar Year designated in* the caption above, or to the time. of the termination or cancellation of the Draft Master Policy, or this binder, whichever first occurs, eastern standard time.

• Effective Date of this Endorsement January l; 1978 To form a .part of Binder No. XB- 60 12:01 A.M. Standard Time Issued to Public Service Electric & Gas Company Date of Issue December 29, 1977

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Secretary Endorsement No. Countersigned by ~~~~~~~~~~-

Subscribing Companies PROPORTION OF 100%

American Mutual Liability Insurance Company, Wakefield MA 15. 0000000 Employers Mutual Liability Insurance Company, Wausau, WI 15. 0000000 Liberty Mutual Insurance Company, Boston, MA 45. 0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 15. 0000000 Michigan Mutual Liability Company, Detroit, MI 5. 0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5. 0000000 This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT MASTER POLICY - NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection) dated June 24, 1977. No insurance is afforded by this copy.