ML20079J764

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Forwards Certificates of Insurance N-62 & N-73 for Endorsements 1,2 & 3 to Nelia Policy NF-238 & Certificates of Insurance M-62 & M-73 for Endorsements 1,2 & 3 to Maelu Policy MF-93
ML20079J764
Person / Time
Site: Farley  Southern Nuclear icon.png
Issue date: 12/20/1982
From: Duck J
MARSH & MCLENNAN, INC.
To: Saltzman J
NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8212280348
Download: ML20079J764 (35)


Text

{{#Wiki_filter:._ _ - _ _ _____ _ _ - _ - - - _ - _ p& w ennan Marsh & M(tennan, Inc orporawl 400 North Akard Street Dallas, Texas 73201 Telephone 214 74bl941 December 20, 1982 Mr. Jerome Salt:: man Assis' cant Director State & Licensee Relations Office of State Programs U. S. Nuclear Regulatory Commission Washington, D. C. 20555 Alabama Power Company

                                            'J. M. Farley Nuclear Plant ANI and MAELU Certificates

Dear Jerry:

Enclosed are the below listed items pertaining to the ANI and MAELU Secondary Financial Protection Certificates of Insurance N-62, N-73, M-62 and M-73 for the Alabama Power Company J. M. Farley Excess Binders previously submitted to the NRC.

1. Two certified copies each of ANI Certificate N-62 (Pages 1-6) and Endorsements 1, 2 and 3.
2. Two certified copies each of ANI Certificate N-73 (Pages 1-6) and Endorsements 1 and 2.
3. Two certified copies each of MAELU Certificate M-62 (Pages 1-6) and Endorsements 1, 2 and 3.
4. Two certified copies each of MAELU Certificate M-73 (Pages 1-6) and Endorsements 1 and 2.

In accordance with instructions received from ANI, these Certificates together with the Endorsements fulfill the hTC requirement to provide evidence of Secondary Financial Protection for J.14. Farley Nuclear Plant Units 1 and 2. Should you have any questions, Jerry, please give me a call. Very truly yours, John R. Duck, Jr. Assistant Vice President M&M Nuclear Consultants cc: N. Horsley J. L. Collins K. Alexander j f/ enclosures 8212280348 821220 PDR ADOCK 05000348 J PDR

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9ES byI I Mds#~1s to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters. Such insurance as is provided by the Master Policy applies, through this certificate, only: (a) to the insureds _ identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during trie certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83) Page 1

h*l , , j (3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in item 6 of the Declarations. However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subpar $ 9raph

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i (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence. Declarations Item 1. Named insureds and addresses: (a) Alabama Power Company - 600 North 18th Street, Birmingham, Alabama I (b)' Item 2. Additional insureds:- Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection. Item 3. Description and location of nuclear reactor: Unit 1 of the Joseph M. I Farley Nuclear Plant located in Houston County, Alabama. Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof: Nuclear Energy Liability Insurance Association's Policy NF-238 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-93 $ 31.500,000 Page 2 of Certificate No. M-62_

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(b) The following endorsements, attached .to the primary financial protection policies listed in Item 4 (a) also i apply to the insurance afforded by the Master Policy through f this certificate as though they were attached hereto: (1) Waiver of Defenses Endorsement (Extraordinary Nuciear i Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as folicws: Unit 2 of the Joseph M. Farley Nuclear Plant I Item 5. Limits of Liability:, The amount of retrospective premium actually received by the companies pits the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy. Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of 9~ August,1977 and continuing to 'the effective date and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time. Item 7. Maxinem retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $1,125,000 l Item 8. Premium payabie pursuant to Condition 1 of the Master Policy for the I period from August 1,1977 through December 31 following: l l $ 565.65 Page 3 of Certificate No. M- 62

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     ,                               BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable i

in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the. companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective 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 expressly agreed that the named insureds will indemnify the l companies against any and all liability, losses and expenses of whatsoever kind or nature (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 and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the 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. Page 4 of Certificate No. M 62

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t . I The preceding Certificate of Insurance, Declarations and Bond fonn a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective pren tums and allowances for premium teves, as provided in this Certificate and Condition 2 of the Master Policy. IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time. Alabama Power Company

                       ,                                       (flamed Insured - Type or Print)
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Vice President-Finance & Treasurer (Type or Prin$ tiame & Title of Officer) Date: August 3, 1982 (tiamed Insured - Type or Print) By (SEAL) (Signature of Officer) (Type or Print flame & Title of Officer) { Date: 1 (tiamed Insured - Type or Print) By (SEAL) (Signature of Officer) l (Type or Print flame & Title of Officer) l Date: Page 5 of Certificate rio. M 62_ a

'.l . . IN WITNESS WHEREOF, tha companics subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1,1977 eastern standard time, and countersigned below by a duly authorized representative. Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERWRI ,RS U BY: . -D . b _ g Au5horized Agent "V Countersigned by /!8tM/ M /W h ( Authorized /Repretenta tive) Subscribing Companies PROP 0RTION OF 100% American Mutual Liability Insurance' Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 Page 6 of Certificate No. M- 62

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE N0. M-62 Forming Part of Master Policy No.1 Nuclear Energy Liability Insurance (Secondary Financial Protection) It is agreed that Item 4.(a) of the Declarations is amended to read YM de as follows: a-< m N .8 * {o,'d { , Item 4. (a) Identification of primary financial protection u

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                           }                 of liability thereof:
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Policy NF- 238 $124,000,000 8 4 sm -$

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55 Policy MF- 93 $36,000,000

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B aMm a $a =$ 0 .E h fioctive Date of May 1. 1979 To form a part M-62

    $WgOH[ this Endorsement                                           of Certificato Nn-g.

Alabama Power Company Issue to Date of Isaua December 15, 1982 For the Subscribing Companies M ERWRITERS UAL ATOMIC ENERGY LIAJ3ILITY U Dy ~ v-vvt  % 2 Endoraement No. Counternignect by -- AuTuoatzt: e ite:n str.4mr4 Tan: ME-S-2

NUCLEAR ENERGY LIABILITY- INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM END0RSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 1,350.00 . This is to certify that this is a em copy of the original Endorsement having tho er..lo r mr and bei e; made part of the liuclear Ener.;j L1 . Je- I' 3111ty Forr., as des-ignated hereon.1:o Insura.ae la moru,,a nerounder. John L. Quattrocchi, Vice President-Lisbil;ty Underwritirg American Nuclear Insurers Effective Date of To form n tmrt this Endorsement January 1, 1983 of Certificate No. M-62 Issue to Alabama Power Company Date of Inaua December 15, 1982 For the Subscribing Companica Mt; 'UAI, ATOMIC ENEltGY LI AlllLITY U ' )EftWitITEllS Ily s V[U- M-d ni2b% Endoracment No. 3 Countersigne 1 by . _ _ . A UTm mune HS:rnr.*:N r4 Tn');

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS - ENDORSEMENT TO CERTIFICATE N0. M-62 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:

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k.8 For Calendar Year 1978 jg g Effective Date January 1,1978

                                                                 $1,350.00 gg                                        Annual Premium                                                t E

oEER4 g For Calendar Year 1979 a 5 'e 13 xy y Effective Date January 1,1979 E Annual Premium $1,350.00 l D 3$ a .a i P For Calendar Year 1980 8'.og h g $ Effective Date January 1,1980 D2 Annual Premium $1,350.00

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                          '.,il For Calendar Year 1981 2
  *u x                      E               Effective Date January 1, 1981 0 E y *e                 jg               Annual Premium       $1,350.00 For Calendar Year 1982 oe j5 S a!           s.                     Effective Date January 1,1982 Annual Premium       $1,350.00 D 5 g 55                   1c 5.5 !; 5                 53 B$ae  8.8 To form a part
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as stated above M-62 u SiGEndorsement of Certificna Mn , S .8

  • g 4 g g{ Alabama Power Company December 15, 1982 Date of Isaua For the Subscribing Companies M UAL ATOMIC ENERGY LIAy,ILITY U ERWRITERS BY
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I Counternigned by Endornement No. ME-S-3

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        >.8 bbs               I Certificate No. M-73
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        %      s cc co oa g                         DECLARATIONS AND d t iM w                       BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS E5M M sc4 5J                                  Certificate of Insurance p .}: 3 , 3 { .,

e-- v 5 3 5 45< This is to certify that the persons and organizations designated in Item I of the Declarations are named insureds under the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters. Such insurance as is provided by the Master Policy applies, through this certificate, only: (a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage _ (1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate perio:1 stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item l 3 of the Declarations, and 1 1 MSFC-1 (1/1/83) Page 1

l l s j (3) .which is discovered and for which written claim is made against the insured not later than' ten years af ter the end of the certificate period stated in Item 6 of the Declarations. However, with respect to bodily injury or property damage l caused by an extraordinary nuclear occurrence this, subpara' graph (3) .shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written - claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence. Deciara tior.s - Item 1. Named insureds and addresses: (a) Alabama Power Company - 600 North 18th Street, Birmingham, Alabama 35291 (b) . Item 2. Additional insureds:- , Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection. Item 3. Descriptinn and location of nuclear reactor: Unit 2 of the Joseph M. Farley . Nuclear Plant located in. Houston County, Alabama. Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof: Nuclear Energy Liability Insurance Association's , Policy NF-238 $124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 93 $ 36,000,000 Page 2 of Certificate No. M- 73

(b) The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto: (1) Waiver of Defenses Endorsement (Extraordinary Nucl' ear l Occurrence)and

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(2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:

                        ,           Unit 1 of the Joseph M. Farley Nuclear Plant.

l Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-ti'ngent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy. , Item 6. Certificate Period: Beginning at 12:01 a.m. on October 23, 1980

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and continuing to the effective date and time of cancellation 1 or termination of the Master Policy or this certificate, l whichever first occurs, eastern standard time. Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $1,125,000 Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from October 23, 1980 through December 31 following:

                             $259.20
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Page 3 of Certificate No. M-73_

BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge th'at they are named insureds under the Master Policy described in the abcve Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual t Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable - in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of suc.h 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 expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (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 and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the 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. Page 4 of Certificate No, M- 73

The preceding Certificate of Insurance, Declarations and Bond fom a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and - Condition 2 of the Master Policy. IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective October 23, 1980 eastern standard time. s il' ,

                                   ,                                       Alabama Power Company
                               " " ""%                                   (Named Insured - Type or Print)
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Vice President-Finance & Treasurer (Type or Print Name & Title of Officer) Date: August 3, 1982 (tiamed Insured - Type or Print) By (SEAL) (Signature of Officer) 1 (Type or Print flame & Title of Officer) Date: (Named Insured - Type or Print)

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By (SEAL) (Signature of Officer) (Type or Print Name & Title of Officer) I Date: _ Page 5 of Certificate No. tj-73_

IN WITNESS WHERE0F, th3 companies subscribing ths Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Urderwriters to be effective October 23, 1980 eastern standard tima, and countersigned below by a duly authorized representative. Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 1 1 ,, W BY: n " C , hw w~

       ,                                           . ghorized Agent" -                          !

Countersigned by /[/MM //g#fs ) (Authorizdd Representative) i Subscribing Companies PROP 0RTION OF 100% American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove,'IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 Page 6 of Certificate No. M- 73

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  • NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 1,350.00 .

_. . s_sj ui i n,4 criginal fniu is to certiry r.; a r?. , Endorsement having tho caia ::c.s u ace and being mado part of the Nuclear Energy Liability Policy (Facility Form) as des- ' ignated hereon. No Insurance is afforded hereunder. hi A N e President Liability Underwriting Effective Date of To form n unrt this Endorsement January 1,1983 of Certificate No. M-73 y g Alabama Power & Light Company Date of Inauo December 15. 1982 For the Subscribing Companies Mt; PUAI, ATOMIC ENEltGY I,I All!!,ITY 11 )EllWillTEllS lly - L f d-k 'd - -{l s Endornement No. 2 Countersigneil by . A trisetmrie:p ite:riw.*t:re TAtivt:

et . . NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-73 Forming Part of Master Policy No. 1 Nuclear Ener9y Liability Insurance (Secondary Financial Protection) t ANNUAL PREMIUM END0RSEMENT sE a ,'g E It is agreed that the Annual Premiums applicable to the periods i ggg designated below are as follows: I S$ For Calendar Year 1978 2 2 D'] Effective Date January 1,1978 o]g Annual Premium N/A OO Rgs@ For Calendar Year 1979 N Effective Date January 1,1979 8@~$,g gE g , Annual Premium N/A u a -s s  ?

"ESY                  3                     For Calendar Year 1980
$8bd                  ~i                    Effective Date      October 23, 1980 "y*g o     c j                     Annual Premium      $ 259.20 E

5E E .-e For Calendar Year 1981 gj"y AA f Effective Date January 1, 1981 5* 44 yU Annual Premium $1,350.00 x Mj 'Wd ~.$ .2 2 For Calendar Year 1982

% S 8; E                     5              Effective Date January 1,1982 8*2%                     11                Annual Premium      $1,350.00 3!=35
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0$uk o-Effectivo Date of To form a part this Endorsement as stated above of CertificMo Mn M-73 Issue to Alabama Power Company eceder M, M82 Date of Isaua For the Subscribing Companies M UAL ATOMIC ENERGY LIAy,ILITY U ERWillTERS By- -

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Endornoment No. I Counteraigned by -. ME-S-3

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         * *-: $ E 5 a 16 B0ND FOR PAYMENT OF RETROSPECTIVE PREMIUMS E " % '=g'     ri E              g 't, g$                   Certificate of Insurance This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -

Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Nuclear Energy Liability Insurance Association. .

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Such insurance as is provided by the Master Policy applies, through this certificate, only: (a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage ' (1) with respect to which'the primary financial protection described in Item 4 of *;he Declarations would apply but for exhaustion of its limit of liavili y as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of l or in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83) Page 1

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(3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations. However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or ' I property damage which is discovered and for which written claim is made against the insured not later.than twenty years after the date of the extraordinary nuclear occurrence. Declarations Item 1. Named insureds and addresses: (a) Alabama Power Company - 600 North 18th Street, Binningham, Alabama 35291 (b) Item 2. Additional insureds: ' Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection. Item 3. Description and location of nuclear reactor: Unit 1 of the Jos'eph M. Farley Nuclear Plant located in Houston County, Alabama. Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof: Nuclear Energy Liability Insurance Association's

            -               Policy NF 238                          $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-93                           $ 31,500,000 Page 2 of Certificate No. N- 62

(b) The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate.as though they were attached hereto: (1) Waiver of Defenses Endorsement (Extraordinary Nuclear l Occurrence)and l (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows: Unit 2 of the Joseph M. Farley Nuclear Plant Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-l tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy. Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of August,1977 ' and continuing to, the ' effective date and time of cancel-lation or termination of the Master Policy or this certificate, , whichever first occurs, eastern standard time. Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $3,875,000. Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 through December 31 following: 1,948.35 Page 3 of Certificate No.N-62

BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of fluclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium ta),es which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective 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 expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever, kind or nature (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 and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a flotary Public to be a true copy hereof shall be regarded as an original. Page 4 of Certificate fio. fi-@_ r

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  • The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. . Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or. the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.

IN WITNESS WHEREOF, the named insureds have caused this Certificate, . these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time. Attest or Witness Named Insureds:

                                                                                     ,r Alabama Power Company (Named Insured - Type or Print)
                              $f M                 By                  .

(SEAL) t, (Signature of Officer) My comssession w 3o[8k -

                                               .        Vice President-Finance & Treasurer (Type or Print Name & Title of Officer)

Date: Anguae 3. 1982 (Hamed Insured - Type or Print) By - (SEAL) (Signature of Officer) (Type or Print Name & Title of Officer) Date: (Named Insured - Type or Print) ) By (SEAL) (Signature of Officer) (Type or Print Name & Title of Officer) Date:

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IN WITNESS WHERE0F, the companies subscribing the Master Policy have caused the Certificate of Insurar:e and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective August 1,1977 eastern standard time, and countersigned below by a duly authorized representative. l Attest or Witness For the Subscribing Companies of NUCL Al ENERGY LIABILITY INSURANCE ASSOCIATION D hs # Bbrt C. Proom, President Countersigned by ((d7N [/#u-( Authoriz6d' Re;5reientative) Page 6 of Certificate No. N-62

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o Nuclear Energy Llability Insurance. NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-62 Forming Part of Master Policy No.1 huclear Energy Liability Insurance (Secondary Financial Protection) ANNUAL PREMIUM ENDORSEMENT

  • It is agreed that the Annual Premiums applicable to the periods designated below are as follows: ,

For Calendar Year 1978 Effective Date Januan 1,1978 Annual Premium $4,650.00 For_ Calendar Year 1979 Effective Date Januan 1 1979 Annual Premium $4,650.0d For Calendar Year 1980 Effective Date January 1, 1980 Annual Premium $4,650.00 For Calendar Year 1981 Effective Date January 1, 1981 Annual Premium $4,650.00 For Calendar Year 1982 Effective Date January 1, 1982 . Annual Premium $4,650.00 This is to certify that thic is a true copy of the original Endor004..u'it having the endorcement number and being made part of the Nuclear Energy Liability Policy (Facility Form) as des-ignated hereon. No I curanco is afforded hero ' d,er. 8. Jh L. q..cm,iri. Vo hede hiuy L'rrJ. undre A:ntr:m h :e.r le . Effective Date of this Endorsement as stated above To form a part of Certificate No. AlabamaPowerY$p$h"y stancara Tune issued to Date of Issue December 15, 1982 > or the su icribing ce panies .

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By A

                                                                                              /#~                    General Manager Endorsement No Countersigned by NE-S-3

Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-62 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection) It is agreed that Item 4.(a) of the Declarations is amended to read as follows: Item 4.(a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof: Nuclear Energy Liability Insurance Association's Policy NF- 238 $124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 93 $ 36,000,000 This is to certify that this is a true copy of the original ~~ Endorsement having tho endorscaent nuaber and being made part ,, of the Naoloar Energy Liabij.ity Policy (Facility Form) as des-

  • ignated hereon. No Insurance is afforded rounder.

I '

                                                       .$ .                           tmg n

ym 1 Quattrocchi. vice President Ia&dity American Nuenear tuacrs Efftetive Date of this Endorsement May 1, 1979 To form a part of Certificate No. 12:01 A.M. Standard Time issued to Alabama Power Company Dita cf issue December 15, 1982 For the su scribing co panies

                                                                                                                         ]

By A

                                                                               /#                 General Manager        l End;rsement No .__       2 Countersigned by NE-S-2

Nuclear Energy Liability insurance NUCLEAR ENEROY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMlUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 _.

   ~

l This is to certify that this is a true copy des- of the originalEndor of the Nuclear Energy Liaa111p iolicj (Facility Form) as ignated hereon. No Insuranco is arforded hereunder, d - ~~s. John L. Qtattrocchi, Vice President Liability Underwntmg Amoican Nuclear Insurers V Eff ective Date of Januarv 1. 1983 To form a part of Certificate N-62 inis Encorsement 12:01 A.M. Standard Time issued to Alabama Power Company For the su icribing co panies Date of issue December 15. 1982 By 1

                                                                                                                 /F~                                General Manager Endorsement No                                                        Countersl0ned by
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Nuclear Energy Liability insurance NUCLEAR ENERGY LIA81LITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-73 Forming Part of Master Policy No.1 Nuclear Energy Liability Insurance (Secondary Financial Protection) ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows: For Calendar Year 1978 Effective Date January 1, 1978 Annual Premium N/A For Calendar Year 1979 Effective Date January 1.1979 Annual Premium N/A For Calendar Year 1980 Effective Date October 23, 1980 Annual Premium $ 892.80 For Calendar Year 1981 Ef fective Date January 1,1981 Annual Premium $4,650.00 For Calendar Year 1982 Effective pat ry le 1982 Annual Premi S4,650.00'm copy of +50 original:c at.J 41 g Thin is to certify tha$"th I'.6r :

  • Sy Form) as des 4 E.tdarsocont having tho endorcene Po ..s. ;rsunder.

c2 .ho Uuoloar I'norgy Liability ded? - icuted horeon. No Insuranco 13 auo

                                                                     ~' N #

Q, Liebihty Und'

                                                      ,wg4vice Preidat-p  pNrW l#

Effective Date of this Endorsement as scated above To form a part of Certificate No. N~73 12:01 A.M. Standard Time Issued to Alabama Power Company December 15, 1982 For the su scribing co panies Date of issue By __ .

                                                                                /                       General Manager 1

Endorsernent No Countersigned by ._. NE-5-3

Nuclear Energy Liability insurance NUCLEAR ENEROY LIABILITY INSURANCE ASSOCIATION ANNUALPREMIUMEND0dSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 . 1 This is to certify that this is a true copy of the original Endorsement having the endorre. e.t. .oiaer and being made part of the Nuclear Energy Liabliity Poney (Facility Form) as des-ignated hereon. No Insuran is alforded hereunder.

                                         .     .  /

Mn L. Quattmethi, Vice President Liabihty UhtN Amencan NuclearInsurers Effective Date of tnis Encorsement Januarv 1. 1983 To form a part of' Certificate N-7'l

                          . 12.01 A.M. Standard Time issued to       Alabama Power & Light Company Date of issue December 15, 1982                                     For the su scribing co panies By       l.
                                                                                /"~                General Manager   i 2                                 Countersioned by Endorsement No
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        $g5$=5 8 P
        $s"a z                                    NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION bbb.h IhE '$            l Certificate No. N- 73 S jy Fu 3       i e                                                                                                 '

iE g E $ r. 5 Forming Part of Master s suc e

        $                                                                   Policy No.              1 y                     CERTIFICATE OF INSURANCE asu ~. aa yE&ng @g                                         DECLARATIONS AND ig                         BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS 12 m-c 5 't >:'i o_30x 5  e
         ;; p s f <5 2 1 5                            Certificate of Insurance E

r oE_.p as _d. 5,9 ><2 This is to certify that the persons and organizations designated in Item 1 l of the Declarations are named insureds under the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Nuclear Energy Liability Insurance Association. , Such insurance as is provided by the Master Policy applies, through this certificate, only: (a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage ' (1) with respect to which'the primary financial prntect_io_n, i described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and NSFC-1 (1/1/83) Page 1

9 (3) which is discovered and for which written claim is made against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations. However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written

                                                                         ~

claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence. Declarations Item 1. Named insureds and addresses: -

                      , (a) Alabama Power Company - 600 North 18th Street, Birmingham, Alabama 35291 (b)                                                       -

Item 2. Additional insureds: _ Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection. Item 3. Description and location of nuclear reactor: Unit 2 of the Joseph M. Farley Nuclear Plant located in Houston County, Alabama. . Item 4. (a) Ider.tification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof: Nuclear Energy Liability Insurance Association's Policy NF-238 $124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 93 $ 36,000,000 Page 2 of Certificate No. N-73 t

L l ,.

                    .(b) The following endorsements, attached to the primary financial protection policies listed in Item 4 (a) also t

l apply to the insurance afforded by the Master Policy through ! this certificate as though they were attached hereto: (1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence)and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows: , Unit 1 of the Joseph M. Farley Nuclear Plant. ) Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy. 1 Item 6. Certificate Period: Beginning at 12:01 a.m. on October 23, 1980 and continuing to, the ' effective date and time of cancel-lation or termination of the Master Policy or this certificate, , whichever first occurs, eastern standard time. Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $3,875,000. Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from October 23, 1980 through December 31 following:

                     $ 892.80 Page 3 of Certificate No.N-73
     'I   .

s-BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do here'by covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (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 with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first I named is.sured as provided in Condition 2 of the Master Policy until paid; 1 And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allewances 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 expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whats6ever kind or nature (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 and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the 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. c Page 4 of Certificate No. N-73

                . i 4

The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shcil not affect the named insured's . 5 obligations under the policy or the Bond to pay the retrospective premiums

                      ,  and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.
^                        IN WITNESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and , sealed by a duly authorized officer, to be effective

^ October 23, 1980 eastern standard time. L; Attest or Witness Named Insureds: Alabama Power Company ' (Named Insured - Type or Print) o [M By 4. (SEAll My Commission Expiren fh/yg (Signature of Officer) ~ Vice President-Finance & Treasurer (Type or Print Name & Title of Officer) Date: August 3, 1982 (Named Insured - Type or Print) By -

                                                                                                                                                 '(SEAL)

(Signature of Officer)

                                                                                                                                          ~

] (Type or Print Name & Title of Officer) Date: (Named Insured - Type or Print) By (SEAL) (Signature of Officer) e (Type or Print Name & Title of Officer) Date:

        =

Page 5 of Certificate No.N 73

   'y ..
                   .     ~

5-

          'IN WITNESS WHEREOF, the companies subscribing the Master Po'licy have
         --caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective October 23, 1980 eastern standard time, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of-NUCLE ENERGY LIABILITY INSURANCE ASSOCIATION [h h BY: ,

                                                           / O
          \f BWt C. Proom, President Countersigned by        /M(//M              #as (Authorized Repr'esentative) 0 Page 6     of Certificate No. N 73
                                 . - _ _  . . _ .           _ _ - _ _          - - - , . .       .     . - _}}