ML20133J685
| ML20133J685 | |
| Person / Time | |
|---|---|
| Site: | 07000036 |
| Issue date: | 07/15/1960 |
| From: | Langenberg O MALLINCKRODT, INC. |
| To: | Johnson L US ATOMIC ENERGY COMMISSION (AEC) |
| Shared Package | |
| ML20133G976 | List:
|
| References | |
| FOIA-96-343 NUDOCS 9701210102 | |
| Download: ML20133J685 (1) | |
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57 M ALLIN CKRO DT NUCLEAR SAINT LO UIS 7, M IS S OU RI CENTR AL 18980 U.S.A.
i CO R PO R ATIO N July 15, 1960 Mr. Igall M. Johnson Director of Division of Licensing Germantown, Maryland
Dear Sir:
I would like to advise that Mallinckrodt Nuclear Corporation is provided property coverage by the Nuclear Energy Property Insurance Association.
This insurance is haniled through the insurance agency, W. H. Markham and Company, 506 Olive Street, St. Louis 1, Missouri. The form used to afford i
protection is the standard NEPIA fom, and our policy is No. 69 with an expiration date of September h,1960.
The limit of liability is ggtermined by the NEFIA formula which develops a lianit of liability for re than the least of the following amounts:
1.
Actual cash value at the date of loss of the property.
2.
125% of the amount of insurance specified in the decla-i ration.
3.
The amount of insurance specified in the declaration, plus $1,000,000.
This policy is written with a further reporting clause: Values are sub-mitted to us approximately two weeks following the close of a month, based on the average daily values calculated at the end of the month. When these figures are submitted, the policy is endorsed to reflect either the increase or decrease. When we have knowledge of an incoming shipment or of an out-going shipment that will distort the coverage set forth in the declaration, we notify our insurer to increase or decrease the coverage accordingly.
I do trust this gives you the information you wish. Should you require additional data, please let me know, as I will be only too happy to provide you with whatever you want.
Very cordially yours, MALLINCKRODT NUCLEAR CORPGtATION AA' GE dl dliver M. Langenbe 4
Assistant Secretary 1
O(Libn Assistant Treasurer 9701210102 976114'^* W a PfR8T AND LEADING PRODUCER OF NUCLEAR FUELS PDR FOIA
,FLOYD96-343 PDR