ML20003E783

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Forwards Endorsement 26 to Maelu Policy MF-95
ML20003E783
Person / Time
Site: Vallecitos Nuclear Center
Issue date: 04/03/1981
From: Correa M
MARSH & MCLENNAN, INC.
To: Saltzman J
Office of Nuclear Reactor Regulation
References
NUDOCS 8104100518
Download: ML20003E783 (3)


Text

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1221 Avenue of the Americas 0

New York, New York 10020 Telephone 212 997-5774 April.3, 1981 Mr. Jerome Saltzman, Chief

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Office of Antitrust & Indemnity Nuclear Reactor Regulation Nuclear Regulatory Commission

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General Electric Company Vallecitos Facility MAELU Policy No. MF-95 Endorsement No. 26

Dear Mr. Saltzman:

On behalf of General Electric Company, enclosed are eight certified copies of Endorsement No. 26 to their MAELU Policy No. MF-95.

Very truly yours,

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Mary Ann Correa Nuclear Specialist M.5C:ccc Enc.

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G. J. Fitzsimons R. Carroll

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A national service of Marsh & McLennan, incorporated

NUCLEAR ENERGY

! ABILITY INSURANCE MUTUAL ATOMIC ENERC', LIABILITY UNDERWRITERS A M END_M_ ENT_O_ F CO N_DITIO N 2_ "INSPE__C_T_I_O_N__: S_U_SPE_NSIO N"

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A.__ND DEFINITION O F ". INSURED SHIPMENT"

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(Indemnified Nucicar 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 any company who is a member of Mutual Atomic Energy Reinsurance Po ol..

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 9ther person or organization considered by the companies to be responsible for the continuation of such dangerous condition, and to the United States Nuclear Regulatary Commission, 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 following 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 nsmed insured and t 2 each such person or organization that such condition has been corrected.

Neither the right to make such inspections an'd examinations nor the making thereof nor any advice or report resulting therefrom shall constitute an under taking, 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 inspec-tions 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 L.,e.~ ;Qd&216.i;,

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h Page 2 of 2 insurance, but this provision does not limit the contractual-obligations of the companiew under this policy or any policy affording the insured property insurance through any company who is a member of Mutual Atomic Energy Reinsurance Pool.

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 i

only if the transportation of the material is not by predetermina-tion to be interrupted by removal of the material from a trans-i porting 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 t ra n spo rtatio n.

Effective Date of To form a part this Endorsement ___Januard,1981 of Policy No.

E-95 12:01 A.M. Standa rd Time P

Issued to General Electric Ca gany Date of Issue Furch 25,1981 i

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Endorsement No.

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