ML20003C083
| ML20003C083 | |
| Person / Time | |
|---|---|
| Site: | Rancho Seco |
| Issue date: | 02/09/1981 |
| From: | Walbridge W SACRAMENTO MUNICIPAL UTILITY DISTRICT |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8102260586 | |
| Download: ML20003C083 (7) | |
Text
'
$ SACRAMENTO MUNICIPAL UTILITY DISTRICT C) 6 SMUD 95813; (916) 452-3211 February 9, 1981 Mr. Jerome B. Saltzman Assistant Chief Office of Antitrust and Indemnification U.S. Nuclear Regulatory Commission Washington, D.C.
20545 Docket 50-312 Nuclear Energy Liability Insurance Rancho Seco Nuclear Generating Station, Unit No.1
Dear Mr. Saltzman:
Enclosed for your inf'ormation are eight certified copies of the following endorsements:
1.
Endorsement No. 45 to ANI Policy number NF-212 2.
Endorsement No. 38 to MAELU Policy number MF-75 3.
Endorsement No. 4 to Policy number EB-49.
Each endorsement establishes the 1981 premium for the portion of nuclear liability insurance coverage provided by the specific policy.
Sincerely, y
'l j:
s l.(
f y. ',
t s
Wm. C. Walbridge
.j General Manager Enclosures fylool S
/ /
81022605 %
I A :i E L E 0 i a l c -! Y S T E M 5 E R';t N G M0RE THAN 500,000 IN THE 4EART OF C A t t f 0 R 13 A
Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMlUM AND STANDARD PREMlUM CALENDAR YEAR 1981 ENDORSEMENT 1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
315,773.75 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:
237,663.05 Y
t This is to certify that this is a r a--
boing = de part 3
.. (73cility Forn) as des-of the Nuclear .30r% "i, ' E s, Endorsement ha71'li w 4{i 1" ]d:d hereunder.
ignated hereon. Uo InsuraEG ;
)
J L Quattrnechi. Vice Pmident Liabaity Underwn American Nalear lasuers r
Effective Cate of this Endorsement Januaw 1,1981 To form a part of Policy No NF-212 12:01 A.M. Standard Time issued to Sacramento Municipal Utility District Dite of lssue December 22, 1980 For the su scribing co panies By-A
/r General Manager 45 Encorsement No countersigned by
" ~ = " ~ ~ ~ ~ ~ ' " "
m m:
c'*~?
&WSi sddhn,&d6fddhdhi;'As!hi%s#$. bc..-.mv"..INSI.dii$5h-CUA... v.. ~x ~ MC0 An'E
- ka' 77mv;+:x,:, ---
M d
PREMIUM COMPUTATION FOR 19 81 REVISION ORIGINAL NAMED IN(URED Sacramento Municipal Utility District POLICY NO.
NF-212, MF-75 LIMIT OF LIABILITY
$160 MILLION PREPARED BY P. Cronin DATE PREPARED December 15, 1980 __
ENDORSEMENT NO.
6 NEL-PIA INVOICE NO.
A 0O Ia Status
' Base Premium Premium at Limits 2772 Mwt.
$43,000.00
$497,450.00*
- includes 10% inflation factor applied to base premium.
$315,773.75 NELIA: $407,450 x.775
=
liAELU: $407,450 x.225 91,676.25
=
$407,450.00 Commission
$1,000.00
$ 10,000 x 10%
=
750.00 15,000 x 5%
=
2,250.00 NELIA:
$5,482.74 75,000 x 3%
=
3,074.50 MAELU:
1,591.76 307,450 x 1%
=
$7,074.50
$7,074.59 Reserve Premium Standard Premium
$407,450.00 Less Commission 7,074.50 400,375.59 NELIA: $237,663.05 Less 23% of S.P.'
93,713.50 MAELU:
68,998.95 Reserve Premium
$306,662.00
$306,662.00 '
1 l
NELIA Only Gross Conmission Net 1981 Advance Premium
$315,773.75
$5,482.74
$3107291.01 i
l
NUCLEAR ENETGY LLN375ITY INSURANCE MJIUAL A'ICMIC ENEFGY LIABILITY UNDERWRITERS ADVANCE PREMIUM 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 91,676.25 designated above is S
'2 STANDARD PREMIUM AND RESERVE PREMIUM it is In the absence of a change in the Advance Premium indicated above, agreed that, subject to the provisions of the Industry Credit Racing Plan, the Standard Premium and Reserve Premium are:
Standard Premium
$ 91,676.25 Reserve Premium
$ 68,998.95 i
I I
l l
I I
To form a part Effective Date of b"E-75 Jang 1,1981 of Policy No.
this Endorsement Sacramento Municipal Utility District Iccued to J n g 20, 1981 Date of Issue For the Subscribing' Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS
, i..
- 1..
~ ~[*
,. ;[,L *4,- '
By Endorsement No.
Countersigned by AUTHORIZED REPRESENTATIVE e
8 ~
r
--s-e p
c - - -., - -
e e-w.
+
w
-,r-
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 t
l This is to certify that' this is a true copy of the orig d
rt oi' ttto Nuclear lo.y Lia':1.it/
der.
ignated hereon. lio Insurance is afforded hereun d/
n I. Qum;rudJ. Vice P1McL!*11*v U American Nuclear Insunts sin or January 1, 1981 To form a part of Policy No ment t
Sa c ramen to it$n1 c'1 p'ai'dE$Yil[T)i s tri c t i
tssued to December 22, 1980 For the su scribing co panies Date of Issue By A
/F~
General Manager Endorsement No 4
Countersigned by
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 discovers 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 continuation 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 1 ass 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 c f insurance, but this provision does not limit the contractual obligatirns of the companies u ider this policy or any policy affording the i.sured property insurance through American Nuclear Insurers.
NE-51 Page 1 of 2~ (1/1/81)
(over)
k.
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 material 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.
This is to cortify Inat tnis is a c.cu cu.s/ of tne original Endorsement hmrc t'2a endae::;o :. c.dcar and being made part of the Nuclear Z.u,;7 Liabi_it.'r 201107 (Facility Form) as des-ignated hereon. No Insurance is afforded hereunder.
LQm
, Vice nsa n t
- - nung Amencan NuclearInsurers
.tfis January 1, 1981 I
dorsement To form a part of Policy No 12:o1 A.M. Standard Time Sacramento Municipal Utility District issued to December 22, 1980 For the su senbing co panies
' Date of issue By lA
/F' General Manager
~ Endorsement No -
Countersigned by NE-51 Page 2 of 2' (1/1/81)
-,.