ML19317H385
| ML19317H385 | |
| Person / Time | |
|---|---|
| Site: | Crane  |
| Issue date: | 05/29/1980 |
| From: | Quattrocchi J AMERICAN NUCLEAR INSURERS |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8006030380 | |
| Download: ML19317H385 (3) | |
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L SURT C. PROOM.CPCU Presdent May 29, 1980 Mr. Jerome Saltzman, Deputy Chief Office of Antitrust & Indemnity Directorate of Licensing U.S. Nuclear Regulatory Corm 11ssion Washington, D.C.
20555 Re: Metropolitan Edison Company ANI Policy NF-220 Three Mile Island Nuclear Station
Dear Mr. Saltzman:
This will confirm that, effective May 1,1979, ANI has extended the application of its supplemental limit of $15,500,000 as respects the Three Mile Island site in accordance with the provisions described in a letter dated May 29, 1980 to Marsh & McLennan, a copy of which is attached hereto.
Additionally, we are confirming that, effective June 1,1980, ANI has restored the limit of liability under policy NF-220 subject again to the provisions described in the May 29, 1980 letter addressed to Marsh & McLennan.
Very truly yours,
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John L. Quattrocchi Vice President, Liability Underwriting JLQ/dh Enc.
cc: Mr. C. Bollman, M&M MON Mr. A. Kelly, MAELU S
Mr. W. Metzgar, Aetna Life & Casualty Mr. J. Morrow, Liberty Mutual Ins. Co.
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Messrs. Proom, Bardes, Marrone, Alton and Carrier
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I SURT C. PROOM.CPCU Pressdent May 29, 1980 Mr. Charles T. Bollman Vice President-M&M Nuclear Consultants, Inc.
1221 Avenue of the Americas New York, New York 10020 Re: Metropolitan Edison Company ANI Policy NF-220 Three Mile Island Nuclear Station
Dear Mr. Bollman:
Previously ANI bound coverage for a supplemental limit of $15,500,000 under policy NF-220 to apply to Unit #1 nuclear reactor only, effective May 1, 1979. A draft of an endorsement to implement this was forwarded to you with a copy of our letter dated June 18, 1979 addressed to Mr. Saltzman of the NRC.
We now agree that the same supplemental limit of $15,500,000 described above as applicable to Unit #1 nuclear reactor shall also apply to liability and expense incurred because of bodily injury or property damage caused by the nuclear energy hazard due to an Extraordinary Nuclear Occurrence and arising out of the ownership, maintenance, operation or use of-Unit #2 nuclear reactor. The supplemental limit for Unit #2 applies only to such bodily injury or property damage due to an Extra-urdinary Nuclear Occurrence which occurs on or after liay i,1979.
The policy limit of NF-220 has thus far been reduced by the amount of
$1,786,863 due to payments made by the insurers for loss and loss expense arising out of the incident at Unit #2 nuclear reactor that commenced on March 28,1979.
ANI agrees to restore the companies' limit of liability by the sum of
$1,786,863 as respects both Unit #1 and Unit #2 nuclear reactors, but only with respect to liability and expense incurred because of bodily injury or property damage caused by the nuclear energy hazard due to an Extra-ordinary Nuclear Occurrence which occurs on or after June 1,1980.
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Mr. Charles T. Bollman May 29, 1980 Page We are preparing endorsements to policy flF-220 to implement the changes described in this letter which will be forwarded to you shortly.
Very truly yours,
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Lu John L. Quattrocchi Vice President, Liability Underwriting JLQ/dh cc:
Mr. W. Metzgar, Aetna Life & Casualty Mr. J.
Morrow, Liberty Mutual Ins. Co.
Messrs. Proom, Bardes, Marrone, Alton and Carrier
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