ML19281A469

Forwards Nelia Binder EB-7 & Maelu Binder XB-7 to Attest That Secondary Financial Protection Is Being Maintained by Util for Facility

ML19281A469
Person / Time
Site:	Indian Point
Issue date:	03/07/1979
From:	Deeg F POWER AUTHORITY OF THE STATE OF NEW YORK (NEW YORK
To:	Saltzman J Office of Nuclear Reactor Regulation
References
NUDOCS 7903140363
Download: ML19281A469 (5)

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POWER AUTHORITY OF THE STATE OF NEW YORK 10 COLUMBUS CIRCLE NEW YORK. N. Y.10019 (212) 397.6200 TRUSTEES GEORGE T. BERRY EXECUTIVE DIRECTOR e,, , LEWIS R B E N N ETT

• [af GENER AL COUNSEL AND GEORGE L. ING ALLS , ofR cTOR 1 JOSEPH R. SCHMIEDER RICH ARD M. FLYNN CHIEF ENGINEER JOHN W BOSTON ROBERT 1. MILLONZI DinEcroR Or witLi Au r. tuooy March 7, 1979 THOM AS F. MCCR ANN. JR.

CONTROLLER Mr. Jerome Saltzman Deputy Chief Office of Antitrust & Indemnity Nuclear Reactor Regulation Nuclear Regulatory Commission Washington, D. C. 20555

Subject:

Secondary Financial Protection Indian Point 3 Nuclear Power Plant NELIA Binder No. EB-7 MAELU Binder No. XB-7

Dear Mr. Saltzman:

Enclosed herewith are two (2) certified copies of the above captioned binders which are submitted herewith in evidence of the fact that secondary financial protection is being maintained by the Power Authority of the State of New York with respect to the Indian Point 3 Nuclear Power Plant.

Very truly yours, 3 . r' -

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F. H. Doetj Insurance~ Mahager FifD:sl Enc.

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. Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

1) AB.NUAL PREF!IUf1 Ef;DCRSEMEllT

2) SUESCRIBING COMPANIES AfiD THEIR PRO-PORTIONATE LIABILITY Ef!CORSEi:Ef!T Calendar Year 1979

1. AfiflUAL PREMIUf'- It is agreed that the Annual Prcnium due the carpanies for the period designated above is: $ 4,650.00 .

2. It is agreed that with respect to (i) bcdily injury or prcperty darage caused, durino the efective period of this encorser.ent, by the radioactive, toxic, explosive or other hazardous properties of nuclear material, ar.d (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 procerty darace is not paid: '

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

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

c. Each such company shall be liable only for its proportion designated next to its name of any obligation assumed or expense incurred under the policy.

3. It is acreed that the effective period of this endorserent is frcm the beginning of the effective date of this endorsement stated belou, to the close of Cecerber 31st of the Calendar Year designated in the capticn above, or to the time of the termination or cancellation of the Draf t t' aster Policy, or this binder, whichever first cccurs, eastern standard time.

(see reverse side for list of subscribing companies)

This is to certify that this is a true copy of the original Endorsement having the endorsement number apd be ng ride part of the binder for insurance coverage under the DRAFT MASTER POLICY-NUCLEAP/ENER LIAB LITY POLICY (Secon No Insurance is a ford d- ereunder, ' ,,dary-Financial Protection) as designated hereon.

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\' January 1, 1979 To form a part of Binder No. EB- 7 issued to \ 12.01 A.M.

PowerAuthority Standard Time of the State Of flew York Date of Issue January 12. 1979 For the su scribing co panies lh ) ll By l

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" General Manager rsement No 2 countersigned by _ _ _ _

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Nuclear ' oerp, I..a bility Insurar.cc MUTUAL ATO?.ilC ::ERGY LIABILITY UNDERWiUTERS

1) ANNUALPIt'1 IU?.! ENDORSE'ENT

2) SUBSCRIBI;.', CO?.fPANIES AND Ti!EIR I'llOPCRTIO:NATE LIABILITY : .;DORSE!'.E';T Calendar Year 1979

1. A?;NUAL PRE:.!!C?.!- It is agreed that the nanual Premium due tae companies for the period designated above 1s: $1,350.00.

2. It 15 agreed that with respect to (i) bodil'. nj u r s or p roper t,.' damace caused, during the effective period or this endorsement, by the radicat ive, toxic, explos:ve or other hazardous propertica of nuclear mater.al, and (ii) contin;;cnt liability as provided in Ccncition 4 for excess .ncurred losset because retrospective premium due under one or more binders 'vith respect to such bodilv : :jur . or propert' dan ace is not paid:

a. . ,

1 he word ,.compan:es- wr.erever urec, :n tn, e policy mear.s the subscribing companies listed on the reverse side of this endorsement.

b. The policy shall be oinding on such cc,mpanies only C.

I.ach such co npany shall be liable only .or its proportion des:gnated next to its name of any obligaticn assumed or expense incurred under the polic'f.

3. It is agreed that the effective period of this endorsement is frce the bet; inning c: the effective date of this endorsement statea below, to the close of December 31st at the Calendar Year designated in the caption a>co' e , o r to n, e time o .c th e termination or cance.y.at:cn c - tne Draft " aster Policy , or this binder , wnichever fir;t occurs, eastern standard time.

Effective Date of this Endorsement Janaary 1. 1979 To form a part of Binder No. XP-7 12: 01 A.!.I . Stanciard Time Issued to Power Authority of the State of New York Date of Issue December 22, 1978 SY %_ _0 . . .

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Endorsement No. 2 Countersigned by

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Subscribing Companies PROPORTION OF 100%

American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Mutual I.iability Insurance Company , Wausau , WI 15.00J0000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 I.ambermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company , Detroit , MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 This is to certify that this is a true copy of the original endorsement, bearing the number designated hereon, for insurance coverage ender the DRAFT MASTER POLICY -

NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection) dated June 24,1977. No insurance is afforded by this copy.

Mutual At6mic Energy Liability Underweiters O'\

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