ML19345F198
| ML19345F198 | |
| Person / Time | |
|---|---|
| Site: | Vermont Yankee File:NorthStar Vermont Yankee icon.png |
| Issue date: | 02/02/1981 |
| From: | Carey W VERMONT YANKEE NUCLEAR POWER CORP. |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8102090416 | |
| Download: ML19345F198 (9) | |
Text
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VERMONT YANKEE NUCLEAR 130WER CORPORATION SEVENTY SEVEN GROVE STREET
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RUTLAND, VERMONT 06701 maroweoa mseu February 2, 1981 Docket No. 50-271 Agreement No. B-49 Mr. Jerome Saltzman, Chief Antitrust and Indemnity Group Office of Nuclear Reactor Regulation U.S. Nuclear Regulatory Commission Washington, D.C.
20555 Attention:
Ira Dinitz, Indemnity Specialist Gentlemen:
Enclosed are ce des of nuclear energy liability insurance policy endorsements as follows:
Policy Number Endorsement Number MF-56 43 and 44 NF-189 54 and 55 XB-32 binder 5
EB-32 binder 6
i Very truly yours, fs & Le l OhQ.
l Willis W. Carey Treasurer & Asst. Secretary WWC/sa l
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/N # r,d NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 1.
42'It!2:i? 0F ADVA!!CE PRD!IUM E lDORSDS :T 2.
STA::DARD PREMIUM Arid FISERVE PRIMIU'f I'IDORSDS:IT 3
FI'"UF' PREMIU' DUE 1.
Advance Prezius It is agreed that the A= ended Advance Premium due the ecmpanies for the calendar year 1979 is $54. 279. 21 2.
Standard Premiu: and Reservc Presium Subject to the provisions of the Industry Credit Rating Plan, it is agreed that the Standard Premium and Reserve Pre =ium for the calendar year designated above are:
Standard Pre =ium $54,279. 21 Reserve Premium _$40,577. 20 3
F.eturn Premium $5,545.63 Effective Date of To form a part this Endorsement January 1,1979
,q potjey No, M F-56 bued to Verm nt Yankee Nucleal Power Corp.
Date of Issu, June 2,1980 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILI'lY UNDERWRITERS By Endorsemer.t No.
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t.UCLEAR D;EPCI LIAE C TY INSUPANCE MLTIUAL AICMIC ENEPGY LIABILITY UNDERhRITEFS ADVANCE PREMILH ENDORSEMENT and STANDARD PREMIUM ENDORSEMENT Calendar Year 1981 1.
ADVANCE PREMIUM It is agreed that the Advance Premium due the companies for the calendar year designated above is $
67,690.40 2
STANDARD PREMIUM AND RESERVE PREMIUM In ene 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
$ 67,690.40 Reserve Premium
$ 50,769.71 J
Effective Date of To form a part this Endorsement January 1, 1981 of Policy No, MF-56 Verrecnt Yankee Nuclear Power Corp.
Issued to Date of Issue January 23, 1981 h
For the Subscribing Companies h-MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By i
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Endorsement No.
Countersigned b J ~Nd e v' 44 AUTHORIZED REPRESENTATIVE I
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Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMlUM AND STANDARD PREMlUM CALENDAR YEAR 1981 ENDDRSEMENT 1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
233,155.83 2.
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 and the Reserve Premium is:
174,873.43 s capy of the ori?inal This is v Jertili w2; ;nS,1: 2 Endorseno.:c ha:L 'u
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,ar and acing made part of the 17;olaar 2nar;y Lini;;;;; leiic; (?; ility Fors) as des-ignated horcon. o Incurance ia cuerded hareundar.
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Effective Date of this Endorsement January 1, M To form a part of Policy No NF-189 12:01 A.M. Standard Time issued to Vermont Yankee Nuclear Power Corporation Date of issue December 22, 1980 For the su scribing co panies By Ay-c.n.,.i u.n.e.,
Endorsement No Countersigned b'y' N b ' 1'^
Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF DEFINITION OF CONDITION 2 " INSPECTION; SUSPENSION" AND " INSURED SHIPMENT" (Indemnified Nuclear Facility)
It is agreed that:
1.) Condition 2 " INSPECTION; SUSPENSION" is replaced by the following:
2 INSPECTION; SUSPENSION The companies shall at any time be permitted but not obligated to inspect the facility and all operations relating thereto and to examine the insured's books and records as far as they relate to the subject of this insurance and any property insurance afforded the insured through American Nuclear Insurers.
If a representative of the companies disccvers a condition which he believes to be unduly dangerous with respect to the nuclear energy hazard, a representative of the companies may request that such condition be corrected without delay.
In the event of noncompliance with such request, a representative of the companies may, by notice to the named insured, to any other person or organization considered by the companies to be responsible for the continuation of such dangerous condition, and to the United States Nuclear Regulatory Comission, suspend this insurance with respect to the named insured and such other person or organization effective 12:00 midnight of the next business day.of such Commission follow-ing the date that such Commission receives such notice. The period of such suspension shall terminate as of the time stated in a written notice from the companies to the named insured and to each such person or organization that such condition has been corrected.
Neither the right to make such inspections and examinations.nor the making thereof nor any advice or report resulting therefrom shall constitute an undertaking, on behalf of or for the benefit of the insured or others, to determine or warrant that such facility or operations are safe or healthful, or are in compliance with any law, rule or regulation.
In consideration of the issuance or continuat.icn of this policy, the insured agrees that neither the companies nor any persons or organizations making such inspections or examinations on their behalf shall be liable with respect to injury to or destruction of property at the facility, or any consequential loss or expense resulting therefrom, or any loss resulting from interruption of business or manufacture, arising out of the making of or a failure to make any such inspection or examination, or any report. thereon, or any such suspension of insurance, but this provision does not limit the contractual obligations of the.
companies under this policy or any policy affording the insured property insurance through American Nuclear Insurers.
NE-51 Page 1 of 2 (1/1/81)_
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2.) The definition of " insured shipment" in Insuring Agreement III.
" DEFINITIONS", is replaced by the following:
" insured shipment" means a shipment of source material, special nuclear material, spent fuel, waste, or tailings or wastes produced by the extraction or concentration of uranium or thorium from any ore processed primarily for its source raterial content, 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.
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,n,,gt January I,1981 e,,, ment To form a part of Policy No 12:o1 A.M. Standard Time.
issuea to Verment Yankee !!uclear Power Corporation Date of issue December 22. 1980 For the su senbing ce panies By i/F V J,.
senerai Manag=er 3,, y Encersement No Countersigned fiE-51 Page 2 of ~ 2 (1/1/81)
MUTUAL ATOMIC ENERC - LIABILITY UNDERWRITERS
- 1) ANNUAL PREMIUI' :NDORSEMENT
- 2) SUBSCRIBING CC' "ANIES AND THEIR PROPORTIONATE LIABILITY ENDOI' - EMENT Calendar Year 1981
- 1. ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies ior the period designated above is: 31.350.00
- 2. It is agreed that with respect to (i) bodily injury or property damage caused, during the effective period or this endorsement, by the radioactive, toxic, explosive or other ha::ardous 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 bo dily injury or property damace is not paid:
The word ' companies" wherever used in the policy means a.
the subscribing companies listed on the reverse side of this endorsement.
b.
The policy shall be binding on such companies only.
Each such company shall be liable only for its proportion c.
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 stated 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 1, 1981 To form a part of Binder No. XB-32 12: 01 A.M. Standard Time Issued 'o Vermont Yankee Nuclear Power Corporation Date of Issuc January 26, 1981 AAA&
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5 Endorsement No.
Countersigned by_
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Subscribing Comoanies PROPORTION OF 100%
American Ifutual Liability Insurance Company, Wakefield, 'fA 15.0000000 Employers Insurance of Wausau A 11utual Comoany, Wausau, WI 15.0000000 Liberty 11utual Insurance Company, Boston, ?tA 30.0000000 Lumbermens afutual Casualty Company, Long Grove, IL 30.0000000 liichigan 11utual Insurance Company, Detroit, III 5.0000000 Sentry Insurance, A liutual Company, Stevens Point, WI 5.0000000 This is to certify that this is a true cooy of the original endorsement, bearing the number designated hereon, for insurance coverage under the DRAFT 11 ASTER POLICY-NUCLEAR ENERGY LIABILITY POLICY (Secondary Financial Protection). No insurance is afforded by this copy.
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Ifutual Atomic Energy Liability Underwriters 1
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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1981 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 This is to certify that this is a true copy of the original Endorsement having +.ta ando c_.cn.daar and being ande part z
of the Nuclear Ener.G Liwiail/ iolic/ (Facility Form) se des-Ignated hereon. No Insurance is afforded hereund g
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Effective Date of this Endorsement January 1, 1981 To form a pad of Policy No 12:01 A.M. Standard Time Issued to Vermont Yankee Nuclear Power Corporation Date of issue December 22, 1980 For the su scribing co panies By A
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General Manager Endorsement' No b
Countersigned by
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