ML20079K031

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Forwards Certificate of Insurance N-31 for Endorsements 1,2 & 3 to Nelia Policy NF-188 & Certificate of Insurance M-31 for Endorsements 1,2 & 3 to Maelu Policy MF-58
ML20079K031
Person / Time
Site: Pilgrim
Issue date: 12/20/1982
From: Sinisi J
MARSH & MCLENNAN, INC.
To: Saltzman J
NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8212280441
Download: ML20079K031 (19)


Text

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wer nan Marsh & McLennan, incorporated 1 Financial Plaza Hartford, Connecticut 06103 Telephone 203 2761400 Teles 99308 December 20, 1982 Mr. Jerome D. Saltzman Assistant Director - State

& Licensee Relations Office of State Programs U.S. Nuclear Regulatory Commission Washington, DC 20555 Re: Boston Edison Company NELIA Certificate No. N-31 Endorsements No. 1, 2 & 3 4

to NELIA Certificate No. N-31 MAELU Certificate No. M-31 Endorsements No. 1, 2 & 3 to MAELU Certificate No. M-31

Dear Mr. Saltzman:

On behalf of Boston Edison Company, we enclose two certified countersigned copies each of the captioned Certificates N-31 and M-31.

Also enclosed are two certified copies each of Endorse-ments No. 1, 2 & 3 to Certificates N-31 and M-31.

4 Jours vsry truly, n M.'Sinisi ssistant Vice President JMS/efk enclosures (16) cc: P. A. Foulsham - BeCo J. X. Probolus - M&M Boston 0212280441 821220 PDR ADOCK 05000293 J PDR {0

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4 E5EiS D3 pgggg a:2 y CERTIFICATE OF INSURANCE

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P:'5 d 5< ;z M Qg gg3 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. ,

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 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

(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 procerty 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 fcr 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) Boston Edison Company - 800 Boylston Street, Boston, Massachusetts 02119 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: Pilgrim Nuclear Power Station lucated in Plymouth County, Massachusetts.

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 188 $108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 58 $ 31,500,000 Page 2 of Certificate No. N- 31

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

No exceptions.

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 ar.; 4 of the Master Policy.

Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of Augus t, 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 preniium (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- 31

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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 abrve Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Nucl0ar 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 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 whatscever 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

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a Notary Public to be a true copy hereof shall be regarded as an original. l I

Page 4 of Certificate No. N 31

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The precedi$g 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 Conditior 2 of the Master Policy.

IN WITNESS WHERE0F, 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:

Boston Edison Company (Named Insured - Type or Print)

/ // 1 jr By eds' M (SEAL) igdture o[0fficer)

(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:

Countersigned this First day of November, 1982 at Boston, (flamed Insured - Type or Print)

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  • hhf& f i fjN By (SEAL)

BY:

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    • /f/e/ (Signature of Officer)

VCE PRESIDENT thorized Agent , ,

(Type or Print itame & Title of Officer)

Date:

Page 5 of Certificate No.N-31

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IN WITNESS WHERE0F, the companies subscribing the Master Policy have I caused thU Certificate of Insurance and the Declarations to be signed on their Lahalf 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.

Attest or Witness For the Subscribing Companies of NUCLEAyENERGYLIABILITYINSURANCEASSOCIATION

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K B*t C. Proom, President ,

Countersigned by (Authorized Representative) s Page 6 of Certificate No. N- 31 i

Nuclear Energy Liability insurance.

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. b 31 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 $4,650.00 For Calendar Year 1979 Effective Date January 1,1979 Annual Premium $4,650.00 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 a e->py of the original This is to certify that this in a o . ice rM being made part Er locaemont having the endo; 'yNuclear o: .r.

(Fa iHt; Energy Parc) asLiabill'.j hornuntier dead re 16:.at ed hereon. No Inaar" .cc is anordesi

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,hibr" dor ement as stated above 12:01 A.M. Standard Time To form a part of Certificate No.

issutd to Rnetnn Fdison Cnmnany Dits of issue eder 15, im N W su iceo co anies.

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By. )

/ General Manager Endorsement No l Countersigr'ed by NE-S-3 j

Nuclear Energy Liability Insurance NUCLEAR ENERGY _ LIABILITY INSURANCE ASSOCIATION ENDORSEMENT TO CERTIFICATE NO. N-31 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- 188 $124,000,000 Mutual Atomic Energy Liability Underwriters' Th1Mfcyg gep/ that thir is a t 29 c4x86lOOD9000ginal

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EndorsemMt havi"' s . . . x.d being made part

>c ('i..cliity Form; as des-of the L'. i Jac .a .

ignate:1 r.o. o xi . :.o i . a . .c

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_ RM" Amencan Nudear Insunts Efftetive Date of this Encorsement May 1, 1979 N-31 To form a part of Certificate No.

12:01 A.M. Standard Time issutd to Boston Edison Company Data of issue December 15, 1982 For the st.>lcribing.co panies

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By I

/ General Manager 2

Endorsement No Countersigned by NE-S-2

' Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM END0RSEMENT Calendar Year 1983 ANNUAL PREMIUM: It is agreed that the Annual Premium due the companies for the period designated above is: $ 4,650.00 _.

This is to certify that this is a true copy of the original Endorsement having the endorcoment nuabor and being made part or r,he Nuclear Energy Liability Policy (Facility Form) as des-Ignated hereon. No Insurance is afforded hereunder.

L. 2%_ : ' ' W ws v Eff ective Date of inis Encorsement Januarv i. 1983 To form a part cf Certi ficate N-31 12:01 A.M. Standard Time issued to Boston Edison Company Date of issue December 15, 1982 For the su scribing co panies By l A

/F General Manager Endorsement No Countersl0ned by l

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$5 DECLARATI0 tis AtiD ,.

T *E d B0 tid FOR PAYMENT OF RETROSPECTIVE PREMIUMS hSh9 o70 a oE roz y y .:- $ ;W y Certificate of Insurance GGE!$$ aI5 557/5 $ 9 2To cYtTfy that the persons and organizations designated in Item flifs75'$

of the Declarations are named insureds under the Master Policy -

tiuclear 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 ce.-tificate, 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 1

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 l 3 of the Declarations, and MSFC-1 (1/1/83) Page 1 I

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(3) which is discovered and for which written claim is made

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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 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.

Declara tions Item 1. Named insureds and addresses:

(a) Boston Edison Company - 800 Boylston Street, Boston, Massachusetts 02119 t

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: Pilgrim Nuclear Power Station located in Plymouth County, Massachusetts.

s 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- 188 $108,500,000 i 1

Mutual Atomic Energy Liability Underwriters' Policy MF-58 $ 31,500,000 Page 2 of Certificate No. M- 3_1_

(b) The following endorsements, aitached 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 Occurrence)and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility.

(c) The limits of liability provided under the p- ,ary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows: ,

No exceptions.

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.

Item 6. Certificate Period: Beginning at 12:01 a.m. on the first day of

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August,1977 and continuing to the effective date and time of

  • cancellation o~r 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: $1,125,000 Item 8. Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 through December 31 following:

$ 565.65 __

Page 3 of Certificate No. M 31

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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 r.amed 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 in accordance with the Ma >ter 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 an,d payable sworn to by c 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 31

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. s The oreceding Certificate of Insurance, Declarations and Bond fann a part of the Master Policy. Cancellation or termination of the Master rolicy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Cond 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 lnsureds 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.

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, Boston Edison Comoany (Named Insured - Type or Print)

/gv -/ ' [ #dfC6/ (SEAL) h E v Z f f6 O p r. R u d By[ti #

ure of 0fficer)

(Type or Print flame & Title of Officer)

Date:

(flamed Insured - Type or Print) e- By (SEAL)

(Signature of Officer)

(Type or Print flame & Title of Officer)

Date:

Countersigned this First day of November', 1982 at Boston, Masseg1tge&gt/hhh 9 (flamed Insured - Type or Print) nY: fey / a[ By (SEAL)

AutXorIFddMAfWnt (Signature of Officer)

MAR $ll&n!clD!E.#,M.

aM CLARENDON ;T. (Type or Print flame & Title of Officer)

DoSTON. MASS. 02118 03(Q:

Page 5 of Certificate flo. M-31

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'IN WITNESS WHEREOF, the compani::s subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atcmic Energy Liability Underwriters te be effective August I, 1977 eastern standard' time, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of

/ W BY:_ td .$ . 0n t

MUTUAL ATOMIC ENERGY LIABILITY UNDERW TERS thorized Agenf l/s Countersigned by (Authorized Representative)

Subscribing Companies PROPORTION 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 Chnpany, Stevens Point, WI 5.0000000 Page 6 of Certificate No. M- 31

NUCLEAR ENER3Y LIABILITY INSURANCE MUTUAt. ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE N0. M-31 Forming Part of Master Policy N U Nuclear Energy Liability Insurance (Secondary Financial Protection)

ANNUAL PREMIUM ENDORSEMENT

  • 4 "4

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

n-3aa For Calendar Year 1978

$Ifk4

" {; Effective Date January 1,1978 Annual Premium $1,350.00

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For Calendar Year 1979 Effective Date January 1,1979

>,$hg

@ 5 Annual Premium $1,350.00 e!;M g, ,3 For Calendar Year 1980

  • gay . Effective Date January 1, 1980 e

yn ,1 Annual Premium $1,350.00 mEbE 3 For Calendar Year 1981

$j#E 3 .j Effective Date January 1, 1981

,,al Annual Premium $1,350.00

$5

  • kB .

$jg*o to y 3ly For Calendar Year 1982 Effective Date January 1,1982

,; 4 Annual Premium $1,350.00 3gg o oe u Oh E g o Z 't$

  • E*3 S E b 0, d kRettive Date of To form a part this Endorsement as stated above of CertificMe % M-31 g,g Boston Edison Company Date of Issua December 15, 1982 For the Subscribing Companics M UAL ATOMIC ENERGY LIAgILITY U ERWit!TERS By ~

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Endoraement No. I .

Counternigned by - - -

ME-S-3

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE N0. M-31 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

NE j It is agreed that Item 4.(a) of the Declarations is amended to read 3Ey as follows:

S$$ Iteg4.(a) Identification of primary financial protection D302 s 8.8 j a

applicable to the nuclear reactor and limit (s)

-S')ho y lgyy S of liability thereof:

bb{k $

d 'j Nuclear Energy Liability Insurance Association's 5 -

5 33 j j Policy NF 188 $124,000,000 Ss  ! . je f$h f' I- Mutual Atomic Energy Liability Underwriters' Policy MF 58 $36,000,000 8 ,' i 8

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3/S3 a sif so $

Effective Date of To form a part this Endorsement May 1, 1979 of Certificato Nn M-31 Boston Edison Company 7

December 15, 1982 Date of Isaua For the Subscribing Companics ML UAL ATOMIC ENERGY LIAJ)!LITY U) JERWillTERS nY :C -rdhe nt RA%

2 Endorsement No. - Counter igned by ..

Anr muun. iteruu.wrarne:

ME-S-2

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABillTY 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 .

G; 4 o to ou .:strtlIf ..ia? T11Ab 1*1 - vs/ ul %U Original Endorse : :.; hreir.g the endcc :. o . . .bar and being made part of the Nuc1ce Encru Liabi'iT/ l Polic; (Facility Form) as des-ignated hereon. No Insurance is afforded hereunder.

John L. Quattrocchi. Vice President. Liability Underwritirg Armrican Nudee.r Insurers Effective Date of To form a nnrt this Endorsement January 1, 1983 of Certificate No. M-31 Issue to B st n Edison Company Date of Issue December 15, 1982 For the Sul>scriliing Companies Mi> 'tJAI, ATOMIC ENEllGY LIA !!LITY (P'3EltWillTEltS

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s Endorsement No. 3 Countersigne.1 l>y ..

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