ML20011F653
| ML20011F653 | |
| Person / Time | |
|---|---|
| Site: | Cooper  |
| Issue date: | 02/21/1990 |
| From: | Trevors G NEBRASKA PUBLIC POWER DISTRICT |
| To: | NRC OFFICE OF INFORMATION RESOURCES MANAGEMENT (IRM) |
| References | |
| NUDOCS 9003070086 | |
| Download: ML20011F653 (2) | |
Text
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,4 oENERAL OFFICE -
M Nebraska Public Power District P.O. BOX 499. COLUM8US. NEBRASKA 68002-0499
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February 21, 1990 U.S. Nuclear Regulatory' Commission-Attn Document Control Desk
' Washington, D.C. 20555 Gentlemen:
Subject:
NRC Rule on Property Insurance - 10 C.F.R.550.54(w)(1)
Cooper. Nuclear Station
-NRC Docket No. 50-298, DPR-46 The purpose of this letter is to inform you that Nebraska Public Power District (NPPD) is now in compliance with the requirements of 10 C.F.R.550.54(w)(1) which requires that licensees of nuclear power reactors. maintain 'a' minimum property insurance coverage for operating '
nuclear power. plants in the sum of $1.06 billion.-
Effective January 1.
1990,' American Nuclear Insurers (ANI) and Mutual Atomic Energy Liability Underwriters (MAELU) made available an additional
$160 million - of nuclear property insurance and NPPD purchased this-additional ~ property-insurance effective January 1, 1990.
.The following list provides the required 'information detailing the property insurance coverage ccrried by NPPD for Cooper Nuclear. Station at Brownville, Nebraska.
Type of-Policy Expiration Amount of Coverage.
,Numbe r Insurer Date Coverage Primary Nuclear 5380 ANI 5/1/90
$ 430.000,000 Property Insurance-TA6193 MAELU 5/1/90 70,000,000 500,000,000 i
Nuclear Property X90135R ANI/MAELU 5/1/90 560,000,000 Insurance Excess b
of $500,000,000 Total
$1,060,000,000
.In a letter dated October 2,1987, NPPD, by its attorney, requested a L
schedular'
' exemption from the full requirements of L
10 C.F.R.550.54(w)(1) until a satisfactory final order from a State or ll Federal Court had been obtained and NPPD was able to obtain the l
necessary additional insurance policies from Nuclear Electric Insurance Limited (NEIL).
The schedular exemption was issued from December 5, 1987, through December 4, 1988, 52 Fed. Reg. 46543, and subsequently extended for a period of 18 months from December 5, 1988, 53 Fed. Reg. 49947.
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'U.S. Nuc10 r-R:guletory Commission:
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-7ebruary 21, 1990 o
NPPD has always maintained the maximum amount of property insurance available through ANI/MAELU but prior to January 1, 1990, the amount of.. insurance available through ANI/MAELU was less than the required i
minimum of $1.06 billion.
The only source of additional insurance e
available to comply with the-Commission's. property insurance regulat. ions was - NEIL.
Now the additional.ANI/MAELU insurance is
^
available and NPPD has elected to obtain the coverage and come into
' full compliance with the regulation.
.As in the past, we will continue to comply with the property insurance reporting requirement of 10 C.F.R.550.54(w)(2).
If you have any questions or should require any additional information, please advise.
Sincerely, G. A. Trevors Division Manager Nuclear Support GAT /dmb/1kf cc:
U.S. Nuclear Regulatory Commission Regional Office, Region IV NHC Resident Inspector Cooper Nuclear Station Harry H. Voigt. Esq.
LeBoeuf, Lamb,' Leiby & MacRae f
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