ML20042C603

Yankee Nuclear Power Station Independent Spent Fuel Storage Installation - Nuclear Liability Insurance Coverage

ML20042C603
Person / Time
Site:	Yankee Rowe
Issue date:	01/22/2020
From:	Pizzella C Yankee Atomic Electric Co
To:	Office of Nuclear Material Safety and Safeguards
References
BYR 2020-001
Download: ML20042C603 (8)

Text

YANKEE ATOMIC ELECTRIC COMPANY 49 Yankee Road, Rowe, Massachusetts 01367 A TIN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555 - 0001 Yankee Atomic Electric Company January 22, 2020 BYR 2020-001 10 CFR 140.15(e)

Yankee Nuclear Power Station Independent Spent Fuel Storage Installation NRC License No. DPR-3 (NRC Docket No.50-029)

Subject:

Nuclear Liability Insurance Coverage The purpose of this letter is to provide the NRC with proof of financial protection in the form of nuclear liability insurance for the Yankee Nuclear Power Station in accordance with 10 CFR 140.l?(e). **"

Type of Coverage and Markets Limits Purchased Primary Nuclear Liability Insurance American Nuclear Insurers

$100 Million Total $100 Million Attachment I provides the pertinent endorsements effective January 1, 2020. It is forwarded to you in accordance with the requirements of 10 CFR 140.15 ( e ).

If you should have any questions regarding this submittal, please contact me at (860) 267-6426.

Respectfully, Carla M. Pizzella Vice President, Chief Financial Officer & Treasurer

Attachment:

1. Nuclear Energy Liability Insurance, Nucl~ar Energy Liability Insurance Association, Advance Premium and Standard Premium Endorsements, Calendar Year 2020 l-1 ool fl)/0 55 b I

Jfl 5 S

Yankee Atomic Electric Company BYR 2020-001/January 22, 2020/Page 2.

cc:

D. Lew, NRC Region I Administrator A. Dimitriadis, Chief, Decommissioning Branch, NRC, Region 1 D. Doyle, Acting Chief, Division of Fuel Management, Storage and Transportation Licensing Branch

ATTACHMENT 1 TO BYR 2020-001 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENTS CALENDAR YEAR 2020

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCEPREMIUMANDSTANDARDPREMIUMENDORSEMENT CALENDAR YEAR 2020

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $231,168.00

2. ST AND ARD 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 Premuim and the Reserve Premium is: $176,893.00 Effective Date of this Endorsement:

January 1, 2020 To form a part of Policy No. NF -0076 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electric Company For the subscribing companies

, By---"'-"~=-"'=

>=--1,,-,,~~-=.c..:......__ _ _

Date of Issue:

November 19, 2019 President Endorsement No:

232 Countersigned by ~,,J. ~

NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2020 I. It is agreed that with respect to bodily injury, property damage, environmental damage or evacuation of the public caused, during the effective period of this endorsement, by the nuclear energy hazard:

a.

The word "companies" wherever used in the policy means the subscribing companies listed below.

b. The policy shall be binding on such companies only.

c.

Each such company shall be liable for its proportion of any obligation assumed or expense incurred under the policy because of such bodily injury, property damage, environmental damage or evacuation of the public as designated below.

2. 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 31, 2020 or to the time of the termination or cancellation of the policy, if sooner.

ACE American Insurance Company American Commerce Insurance Company AXIS Reinsurance Company Continental Casualty Company Liberty Mutual Insurance Company Starr Indemnity & Liability Company State Farm Mutual Automobile Insurance Company Zurich American Insurance Company Total 11.649968 %

8.321406 %

27.738020 %

. 8.927204 %

16.642812 %

8.927204 %

9.085866 %

8.707520 %

100.000000 %

NE-2020 Effective Date of this Endorsement:

January 1, 2020 To form a part of Policy No.

NF -0076 (12:01 A.M. Standard Time)

Issued to:

Yankee Atomic Electric Company Date of Issue:

December 5, 2019 Endorsement No.:

233 Countersignedby ~,,l., ~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2020

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $42,654.00

2. ST AND ARD 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 Premuim and the Reserve Premium is: $32,664.00 Effective Date of this Endorsement:

January 1, 2020 To form a part of Certificate No. NW -0522 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electric Company For the subscribing companies By--------,¥-~-""-"-"'~~~~~~~

Date of Issue:

October 18, 2019 President Endorsement No:

25 Countersigned by~ L ~

V i

~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMillM AND STANDARD PREMillM ENDORSEMENT CALENDAR YEAR 2020

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $39,825.00

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 Premuim and the Reserve Premium is: $30,198.00 Effective Date of this Endorsement:

January 1, 2020 To form a part of Policy No. NS -0292 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electric Company For the subscribing companies By-----#~~-~~'--"=-,,'~~~~~

Date of Issue:

November 18, 2019 President Endorsement No:

129 Countersigned by~ L* ~

NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2020

1. It is agreed that with respect to bodily injury, property damage or environmental damage caused, during the effective period of this endorsement, by the nuclear energy hazard:

a.

The word "companies" wherever used in the policy means the subscribing companies listed below.

b. The policy shall be binding on such companies only.

c.

Each such company shall be liable for its proportion of any obligation assumed or expense incurred under the policy because of such bodily injury, property damage or environmental damage as designated below.

2. 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 31, 2020, or to the time of the termination or cancellation of the policy, if sooner.

ACE American Insurance Company American Commerce Insurance Company AXIS Reinsurance Company Continental Casualty Company Liberty Mutual Insurance Company Starr Indemnity & Liability Company State Farm Mutual Automobile Insurance Company Zurich American Insurance Company Total 11.649968 %

8.321406 %

27.738020 %

8.927204 %

16.642812 %

8.927204 %

9.085866 %

8.707520 %

100.000000 %

NE-2020 Effective Date of this Endorsement:

January 1, 2020 To form a part of Policy No.

NS -0292 (12:01 A.M. Standard Time)

Issued to:

Yankee Atomic Electric Company Date of Issue:

December 5, 2019 Endorsement No.:

130 Countersigned by -~.,L, ~