ML20062B448
| ML20062B448 | |
| Person / Time | |
|---|---|
| Site: | LaSalle  |
| Issue date: | 10/25/1978 |
| From: | Poole R COMMONWEALTH EDISON CO. |
| To: | Saltzman J Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 7810300150 | |
| Download: ML20062B448 (6) | |
Text
,
- Ccmmonwcalth Edissn.
O ) One First National Plaza' Chicago. Illinois fl. 7' Address Reciy to: Post Office Box 767 L-Chicago, ianois 60690 October 25, 1978 Mr. Jerome Saltzman, Chief Office of Antitrust and Indemnity Nuclear Reactor Regulations Nuclear Regulatory Commission Washington, D. C.
20555
Dear Mr. Saltzman:
In accordance with the custom established in 1977 in connection.with. secondary financial protection Binders, enclosed are two certified copies of a Binder evidencing secondary financial protection for the Docket Number and Policy'Ni3ber shown below:
/bbcket Policy
. Binder
/
umber S_tation Number
-Number N
(
50-373 LaSalle County 1 NF 253 EB 71
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Sincerely, Robert D.
Poole Insurance Administrator Enc.
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W/ 0 3 0 0 /D J
Bli! DER,
INCLUDIl:G Bli1 DER fi0. EB 71 DECLARATI0ilS Afl0 80:10 FOR PAYMEtiT OF RETROSPECTIVE PREMIUMS BI:lDER The members of Nuclear Energy Liability Insurance Association, hereinafter called the " companies", subscribing this binder, each for itself, severally and not jointly, and in the respective proportions set forth herein, and the insureds named in Item 1 of the Declarations below, agree as follows:
A.
The comoanies hereby bind insurance to the insureds named in Item 1 of the Declarations in accordance with the provisions of the Draft Master Policy.
All rights and obligations of the parties to this binder are set forth in the provisions of the Draft Master Policy, as it may be amended from time to time pursuant to its conditions or paragraph B below.
B.
The term " Draft Master Policy" means the draft of the MASTER POLICY --
flUCLEAR E'!FR'GY LI ABILITY POLICY (SECONDARY FINAilCIAL PROTECTION) dated June 24, 1977 in the custody of the Nuclear Regulatory Commission, a copy of which is attached hereto, and includes all binders issued by the companies in connection with such Draft Master Policy.
The Master Policy, as subsequently issued by the companies, shall cancel and replace this binder and the [> raft Master Policy effective as of the time and date of the inception of the binder period.
C.
Such insurance as is provided by the Draft Master Policy applies, through this binder, only:
(1) to the insureds identified in Items 1 and 2 of the Declarations
- below, l
l (2) to bodily injury or orocerty damaae
! 'Ihis is to certify that (a) this is a true copy of with respect to which the primary financial protection i the original binder, described in Item 4 below would apply but for exhaustion I bearing the number des-of its limit of liability and ignated hereon, for in-surance coverage under (b) which is caused during the binder oeriod stated in Item.
the DRAFT MASTER POLICY-8 below by the radioactive, toxic, explosive or other i
NUCLEAR ENERGY LIABILITY hazardous properties of nuclear material and POLICY (Secondary Fin-ancial Protection) dated(c) which is discovered and for which written claim is made June X4, 1977.
No against the insured not later than ten years after the insuradc
's afforded end of such binder period; provided, however, that with by this ' op.
respect to boaily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (c) shat) not operate to bar coverage for bodily injucy or
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V procerty damane which is discovered and for which written Charles R. hardes, claim is made against the insured not later than twenty
\\' ice President-Liability years after the date of the extraordinary nuclear occurrence.
i Underaiting,\\ American Nuclear Insurers
9 DECLARATIONS Item 1.
Named insureds and addresses:
(a)
Commonwealth Edison Company - One First National Plaza; Chicago, IL 60690 v
Item 2.
Additional insureds:
Any other person or organization who would be covered under primary financial protection described in Item 4 of this binder but for exhaustion of the limit of liability of such primary financial l
protection.
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1 Item 3.
Description and location of the nuclear reactor: Unit 1 of the i
LaSalle County Nuclear Station located in LaSalle County, Illinois r-Item 4 Identification of p_rimary financial protection applicable to the nuclear reactor and limit of liability thereof:
Nuclear Energy Liability Insurance Association Policy NF 253
$108,500,000-
)
Mutual Atomic Energy Liability Underwriters Policy MF-
,.$ 3I,500,000 Do other nuclear reactors share the limit of liability provided under the primary financial protection? No, not at this time Item 5.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable to the companies under the Draft Master Policy with respect to each nuclear incident: $3,875,000.
I I.
.t
_3 Item 6.
Portion of the annual premium payable for the companies' contingent Policy from liability described in Condition 4 of the Draft Master _ Y78:
the effective date hereof to the end of calendar year l The pro rata portion of $4,650 for the period from the effective date of this binder to the end of the calendar year during which such effective dat. occurs.
Item 7.
Limits of liability:
See Item 3 of the Declarations of the Draft Master Policy.
Item 8.
Binder period:
Beginning at the same time and date that the Facility Operatina License issued by the United States Nuclear Regulatory -
Commission for the reactor described in Item 3 of this binder becomes effective and continuing to the effective date and time of cancelation 7 or termination of the Draft Master Policy or this binder, whichever a
first occurs, eastern standard time.
BOND FOR PAYMENT OF RETROSPECTIVE DREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Draft Master Policy described in the above Binder and Declarations. The named insureds do hereby covenant with.and are held and are firmly bound to the subscribing members of Nuclear Energy Liability Insurance Association (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance wit the terms of the Draft Master Policy with interest on such premiums and allowances for taxes to be computed at the rate provided in the Draft Master Policy from the date payment thereof is specified to be due the companies in a written notice to the named insured, as provided in Condition 1 of the Draft Master Policy until paid.
And it is hereby expressly aareed that copies of written notices of retrospective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts.
And it is further cxpressly agreed that the named insureds will indemrify the or nature (gainst any and all liability, losses and expenses of whatsoever kind companies a including but not limited to interest, court costs and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond or (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Draft Master Policy relating to such covenants or provisions.
For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
THE ABOVE BIliDER, DECLARATIONS AND BOND FORM A PART OF THE DRAFT MASTER POLICY _.
CANCELATION OR TERMINATION OF THE DRAFT MASTER POLICY OR THE BINDER SHALL NOT AFFECT THE OBLIGATIONS OF THE NAMED INSUP,EDS UNDER THE DRAFT MASTER POLICY OR
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THE BOND TO PAY THE RETROSPECTIVE PREMIUMS AND ALLOWANCES FOR PRETIIUM TAXES WITH RESPECT TO ANY BODILY INJURY OR PROPERTY DAMAGE WHICH IS CAUSED DURING THE BINDER PERIOD.
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-4 4;
Ifi WITriESS '.! HEREOF, the named insureds have caused this Binder, these Declara-tions and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective as of the time and date of the inception of the binder period.
r Attest or. Witness fiAMED IrlSUREDS:
i
/Gommonwealth Edisen Company q!
(N.med Insured - Type or Print) i h6 h*
' (SEAll Ob
/T By (Signature of Officer)
ASSISTANT SECRETARY
""*#Y""
- 9" Senior Vice-President (Type or Print flame & Title of Officer)
Date:
August 29, 1978 (flamed Insured - Type or Print)
By (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date:
(flameu Insured - Type or Print)
By (SEAL)
(Signature of Officer)
(Type or Print flame & Title of Officer)
Date:
(flamed Insured - Type or Print)
By_ _
(SEAL)
(Signature of Officer)
(Type or Print flame & Title of Officer)
Date:
.i..
p.
(Page S of S Pages)
IN WITNESS WHEREOF, the subscribing companies have caused the Binder and the Declarations to be signed on their behalf by the General Manager of Nuclear Energy Liability Insurance Association, to be effective as of the time and date of the inception of the binder period, and countersigned below by a duly authorized representative.
Attest or Witness For the Subscribing Companies of f.
f Nuclear Energy Liability Insurance
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As soci a ti o n,'
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By-F4~-
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Burt C. Proom, General Manager Counters {gnedby]AuthorizedRepresentative)
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StBSCRIS!*;S CO W A'i!ES PROPCRTICN CF 100%
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Aetna Casualty.and Surety Co., The,151 Farmington Ave., Hartford, CT C5155 11.531926 Aetna Insurance Ccm:any, 55 Eln St., Hartford, CT C5115 2.431E41 Allstate Insurance Co., 8324 Skokie S1vd., Skokie, IL E0n76 4.963552 American H e Assu arte Co., 102 Maicen La., New Ycrk, NY IC005
.703183 r
American Motorists Insurance Co., Long Grove, IL 6C049 413500 Bitunircus Casualty Cor;; ration, 32 18th St., Rock Island, IL 61201
.397015 Centennial Insurance Co., 45 Wall St., New York, NY 10005 413540 Cer.reccial Unicn Insurance Co., ope Eeacen St., Ecston, MA 02103 3.640034 Coniecticut Inde nity Cor;any, The,1000 Asylum Ave., Hartford, CT C6101 1.116S29 Continental Casualty Co., CNA Plaza, Chica;o, IL 60635 4.301358 Continental Insurance Co., The, 80 Maiden La., NN York, NY 10033 6.618243 Federal Insurance Co., 51 John F Kenredy Fkwy., Shcet Hills, NJ 07078 1.323E49 reman's Fund Insurance Co., 3333 California St., San Francisco, CA 94119 4.55C042 n
ieral Accident Fire and Life Assurance Corp., Ltd., 414 Walnut St., Pniladelphia, PA 19105 1.406377 ureat Arerican Insurance Co., 530 Walnut St., Cincinnati, CH 452C1 1.3FJS31 Han ver Insurarce Co., The, a40 Lincoln St., Worcester, MA 01605 496363 Hartford Accident and Indemnity Co., Hartford Plaza, Hartfor d, CT CE115 7.859164 Hartford Steam Boiler Insp. & Ins. Co., The, 55 Prospect St., Hartford, CT CEIC2 455004 Home Indemnity Co., The, 59 ttaiden la., New York, NY 1C03S 2.895431 Insurance Co. of North A.rerica,1600 Arch Street, Philadelphia, PA 19101 3.309122 Monarch Insurance Co. cf Ohio, The,19 Rector St., New York, NY 100C5
.239543 Northern Insurance Ccr.cany of New York, P.O. Ecx 1223, Baltimore, f*D 21203 1.654551 N rth..estern National ins Co., 731 No. Jackson St., Milwaukee, WI 53202
.579096 Chio Casualty Insurance Ccmpany, The,126 North Third St., Hamilton, OH 45025
.165 55 Pacific Indemnity Co., 32C0 Wilshire Blvd., Les Angeles, CA 90054
.330912 Feerless Insurance Co., 62 Maple Ave., Keene, NH 03431
.103411 Fhcenix Assurance Co. cf New York, 80 Maiden La., New Ycrk, NY 10033
.4963E3 Protective Insurance Co., 3100 No. Meridian St., Indianapolis, IN 45203
.165455 Providence Washingtcn Insurance Co., 20 Washington Place, Providence, RI C2903
.103 11
, Puritan Insurance Company,1515 Sum St., Stamford, CT CC905
.24S184 Reliance Insurance Ccipanf, 4 Pern Cer. tar Plaaa, Philadelphia, PA 19103 1.323649 Royal Glcbe Insurance Ccmcany,150 William Straet, New York, NY 10033 3.722762 St. Paul Fire & Marine Ins. Co., 385 Washingten St., St. Paul, MN 55102 4.109929 Seatear Surety Co., 90 Jilliam St., New York, 'iY 10033
.330912 State Farm Fire & Casualty Co pany,112 East Washingten St., Blo0mington, IL 61701
.227250 Transameric3 Insurar:e Co., 1150 So. Olive St., Los Angeles, CA 90015
.661824 Travelers Indemnity C :cany, The, One Tcv.er Square, Hartford, CT C5115 11.333741 U...ted States Ficelity and Guaranty Co.
P.O. Eox 1138 Ealtircre, MD 21203 9.430397 United States Fire Insurance Co., Madis:;n Ase. at Canfield Rd, M;-ristoon, NJ 079CO 2.972209 Zurich Ir.surance Co.,111 West Jacksua Blvd., Chicago, IL C050*,
.827250 t.i-73
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