ML20136H247
| ML20136H247 | |
| Person / Time | |
|---|---|
| Site: | Catawba  |
| Issue date: | 01/02/1986 |
| From: | Hogge S MARSH & MCLENNAN, INC. |
| To: | Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP) |
| References | |
| NUDOCS 8601090326 | |
| Download: ML20136H247 (16) | |
Text
Marsh &
M g.ennan Marsh & M(lennan,In(orporated j
bO~
1221 Asenue of the Arnericas
,i New York, New Tork 10020
/}
Telephone 212 'N7-2000 January 2, 1985 Mr. Ira Dinitz State & Licensee Relations Office of State Programs Nuclear Regulatory Commission Washington, D.C.
20555 Re: Duke Power Company Catawba Nuclear Station Secondary Financial Protection Certificates N-106/M-106
Dear Ira:
On behalf of the Duke Power Company, enclosed are two certified copies of the SFP certificates N-106 and M-106 for Catawba, Unit Two.
Sincerely,
[
Steven D. Ilogge Nuclear Consultant SDil:cf enc.
hO 8601090326 060102 PDR ADOCK 03000413 PDR
f
')
d fiU, CLEAR EllERGY LIABILITY IftSURAflCE ASSOCIATI0ft 1
THis IS TO CERTIFY THAT THIS!S A TflUE COPY OF THE ORIGINAL 106 L
JCE df L'
I
/j
.ppmui majaMM CNT II MH ' R'E CI A O e.:;;4 - :ms%Qf W-Us ~
Forming Part of Master L
. C:>. e -
h Policy fio.
I gyL Timhi
. N WFMMi UGUIY UN3thdSIIIIb, Aveuce WKGAR MJitRS CERTIFICATE OF IriSURAfiCE DECLARATIONS Afl0 BOND FOR PAYMEtiT OF RETROSPECTIVE PREMIUMS Certificate of Insurance This is to certify that the persons and organizations de'signated 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:
t (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 todily injury or property damage L
(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 j
6 of the Master Policy, and (2)' which is caused during the certificate period stated in Item 6 of the Occlarations by a nuclear incident arising out of j
or in connection with the nuclear reactor described in Item j
3 of the Occlarations, and flSFC-1 (1/1/83)
Pane 1
o (3) which is discovered and for which written claim is made against the i_nsured 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 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 la'tcr than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Item 1.
Named insureds and addresses:
(a) Duke Power Company, 422 South Church Street, Charlotte, NC 28201 (b) North Carolina Municipal Power Agency Number 1 P. O. Box 95162, Raleigh, NC 27625 (c) Saluda River Electric Cooperative, Inc.
P. O. Box 929, Laurens, SC 29360 (d) North Carolina Electric Membership Corporation P. O. Box 27306, Raleigh, NC 27611 (c) Piedmont Municipal Power Agency,100 Memorial Drive, Creer, SC 29651 Item 2.
Additional _ insureds:
Any other person or orgar}ization who would be insured under the primary financial pro'tection 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 Catawba Nucicar Station located in York County, South Carolina.
Item 4.
(a)
Identification of primary financial protection applicabic to the nuclear reactor and limit (s) of liability thereof:
fluclear Energy Liability Insurance Association's 4
Policy NF-281
$124,000,000 Mutual Atomic Energy Liability Underwriters' Policy MF. 112
$ 36,000,000 Page 2 of Certificate No. N-106
(b) The following endorsements, attached to the primary financial orotection 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 fluclear 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 Catawba Nuclear Station.
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 the same time and date that the Facility Operating License issued by the United States fluclear Regulatory Commission for the reactor described in Item 3 of this certificate hcomes effective and continuing to the effective date and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, castern standard time, item 7.
Maximum retrospective premium (exclusive of allowance for premium l
taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
Item 8.
Portion of the annual premium payable for the companies' contingent liability described in Condition 4 of the _ Master Policy from the cffective date hereof to the end of calendar year 1985 : The l
pro rata portion of $4,650 for the period from the effective date of this certificate to the end of the calendar year during which such l
cffective date occurs.
Page 3 of Certificate flo. fi _L01.
B0flD FOR PAYMEtlT OF RETROSPECTIVE PRE!!!UMS Know All t'en 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 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 whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies raay 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 rela' ting 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.
Face 4 of Certificate fio. N-106
i The preceding Certificate of Insurance, Declarations and Bond form a part of the f4 aster Policy.
Cancellation or termination of the liaster Policy 1
or the Certificate of Insurance shall not affect the named insured's V
[
obligations under the policy or the Bond to pay the retrospective premiums l
and allowances for premium taxes, as provided in this _ Certificate and
\\
i Condition 2 of the liaster Policy.
Ill 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 as of the time and date of the inception of the Certificate period.
Attest or Witness Named Insureds:
Duke Power Company (flamed Insured - Type or Print)
. n Wb.
2/Ah By i
d) l (SEAL)
- (Signature of 0[f$cer)'
Senior Vice President & General Counsel (Type or Print flame & Title of Officer)
Date:
10/22/85
,1 North Carolina Municipal Power Agency No l' (Named Insured - Type or Print),
/,.),,
By /
/
,d.
(SEAL)
(
(Signature of, cer) il George W Clay, Jr - Chairman (Type or Print flame & Title of Officer)
Date: August 21. 1985
_ North Carolina Elcetric Membership Corporacion
[,/j, flamed Insured - Type r Print '
4.
By_( G catL-> N k. M M (SEAL)
[hj!
- (Signature of dfficer)
\\
)
Executive Vice President (Type or Print flame & Title of Officer)
Date: October 7.1985 l
Pane 5 of Certificate flo.ft-106 L
Attest'or Witness flamed Insureds:
l Saluda River Electric Cooperative Itu.
(llamed Insured - Tyre or Print)!
0 :nn.
l 'i t ardr> s-(y j N/f
.y
{ SEAL) y f(Sign /ture of Offi,cer)
InqFpil IJ. Mf fLIIOLLAND. EXEC. V. PRES.
(Type or Print flame & Title of Officer)
Date:
September 11. 1985 Piedmont Municipal Power Agency
' lamed Insur
- Type or Print) 7 By ba-de > s --
(SEAL) ignature of 0$icer)
_ James A. Bauer, General Manager (Type or Print flame & Title of Officer)
Date: september 19, 1985 (llamed Insured - Type or Print)
By (SEAL)
(Signature of Officer)
(Type or Print flame & Title of Officer) i Date:
(flamed Insured - Type or Print)
By (SEAL)
(Signature of Officer)
(Type or Print flame & Title of Officer)
Date:
Page,6_of Certificate flo.ft 1,06
'Ill WITilESS WHEREOF, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of fluclear Energy Liability Insurance Association to be effective as of the time and date of the inception of. the Certificate period, and countersigned below by a duly authorized representa tive.
Attest or Witness For the Subscribing Companies of fl0 CLEAR E!F GY LIABILITY IllSURAliCE ASSOCIATION
/
A L
1 BY:
l
.)
i' N
Bu'rt C. Proom, President Countersigned by b Qum
.) ME (Authorized Repre's ntstive)
~
Page 7
of Certificate flo, ft.106
eb o
e e
A# f ase r As.qn 1 y & D S.F1 f Cfle 9e54999$
M 6 tl I AtS te F M t eein asAem A t.O.
.l'A t 40A i e,1v 41 As, N 4 9 A88# Iartin g. Amer g regrep May 4.*9 77.17W NI9fAlt lese A A Ap4 F (1wNeT AseRit'NoteWC AnnaseN#E CO e984W7%
e 4 4*,4 7 7 IDf tigsteensg refgseng gy Cg g gp ffIrweO SCIN. GSelette leem Cf>W Afff l e 4R*.4 8 4 repsest r iIf.if f $Nf t Noel l V C4), I S F, e 4 %'4 7 F 4e7A*109 f'twet isA bet N 4:A'tiseg.T f I Opg Asef SsAAOnt9 ff ue f 1881 betN. f WitteAp4.1 ff sv Ney 8.540434 S t it hN tenuteNerF rene'A#et F f hFtwe's p ipep laremsay to ti e ". t A A 4 7 fW N ArCit4 NS larle I.O IF MiER*
S*3W4041 rd DFbN IN1e Ctt FT ArqtHBCA le74770#
eC?'H12 etW 8f Baep masFF CItt'N47 tea # ff EMD N:Cl$.6 BMitreellF CG.
7 e 44A44 DeAst 88 0F.fo SPI Art le W e 38stJ' 6 laseg e609947 Mffee ApergI f esels S. ANE $ Cupo-Apet e.44ff14 4 tu et BNitP48eIS T Cf f 9 ApeT letdiO30 f eest, 6:ne f r tan t N Arts.R tr.A la A*;4es"At eS2 MllI MfflMlON lle8M EN#1 CalprefeT Mfif LES $NIAA4A8Fh ff*DTS Af Rfst al?4*Fi flef 0 fAfAnnL1f les'h BIANE K LO e 48I47Fl e 41*.4 F F FArtric INeopest79 frwo Asse F&ntFRflvt feell&ANrk ItvW Astf 047831 P4f7Wif 4 440R nfMBe tNR tf1pf f leg e (f)
,$I4978
$.04*.47 4 66LIAstg SMimmasti CtpqFAfff
.Is &* 9^9 4 be1* N IN1e fft e fF Arq>NBCA e$I47il AE AMbwp 31 mf f T ff1PW ANT S * ?tt HeG F Rf F A8 4. F Brf 4 MApe Esg Blog CDe e 8 7 01*. 3 RfAfF F AAM FinF & F AFAMI IT Fft f tasenhw alCA tessumasst.g rge on F t 3*e.1 thavs t f te f este swet t y lisv apet 18 33 F"194 68.9. flf4Liff 4 taisitavest y CO, ll e W 44 4*At S o f14RO F Lis t e Fist f as'u t Aperp t sprAsev el?47FB 68etht hftAL t eet8 6tatl tFF,3 las1 Cf3 le3OIO39 FeAlrJe leetAANeri CL7e' ANT NL*85 t
I h
y MUTUAL ATOMIC EllERGY LIABILITY UtIDERWRITERS TH3isTOC9ilFYTd'Qf'f hI([(hNf hte l3 ac Certificate flo.
M-106 CERi;PCATE,U$ M U
. y ~/.NUCLEARFJ.ERGY N31' b E f0FAI"9 E8FL OIIIJULCf EC t
i
$ Y, 17150RA! E$dh u$ "'y ~&
sA -
pg g9, j
(cys t;,a. rik: Urt-UAOtiIY UWN'W"'
s N t#WCM! ?;UCLtm MuWd CERTIFICATE OF lilSURArtCE DECLARAT!0flS At40 00110 FOR PAYMEtti 0F RETROSPECTIVE PREMlUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Haster Policy -
fluclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Hutual Atomic Energy Liability Underwriters.
Such insurance as is provided by the Haster Policy applies, through this certificate, only:
(a) to the f_nsureds identified in Items 1 and 2 of the Occlarations.
(b) for the certificate period stated in item G of the Occiarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protectinn described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Haster Policy, and (2) which is caused durl'ng the certificate period stated in item 6 of the Occlarations by a nuclear incident arising out of or in connection with the nuclear reactor descritmd in item 3 of the Occiarations, and ilSfC-1(1/1/03)
Page i
(3) which is discovered and for which written claim i against the insured not later than ten years 5fter the end of the certificate p2riod stated in Item 6 of the Declarations However, with respect to bodily iniury or property damage caused by an extraordinary nucicar occurrence this subpa (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written l
claim is made against the _ insured not later than twenty yea af ter the date of the extraordinary nucica'r occurrence.
~
Occlara tions Item 1.
flamed insureds and addresses:
(b) North Carolina Municipal Power Agency Numbe
, NC 28201 (c) Saluda River Electric Cooperativo.P. O. Box 95162, R Inc.
P. O. Box 929, Laurens, SC 29360 (d) North Carolina Electric Membership Corporation P. 0. Box 27306, Raleigh, NC 27611 Item 2., Addltional _ insureds:(e) Piedmont Municipal Power Agency, 100 M
, Greer, SC 29651 Any other person or organization who would be insured under th primary financial protection identified in Item 4 of the Occlara ons but for exhaustion of the limit of Itability of such primary finan protection.
Item 3.
Description and locaf.fon of nucicar reactor:
Station located in York County, South Carolina.linit 2 of the Catawba Nucicar Item 4.
(a)
Identification of prim.iry financial protection applicable to 4
the nucicar reactor and limit (s) of llability thereof:
itucicar Energy liability Insurance Association's Policy fir-281
$124,000,000 t1atual Atomic Energy Liability Underwriters' Policy lif.112
$36,000.000 Pa00 2 of Certificate No. lI**
(b) ine f ollowing endorsceent!.. a ttar ned to tin pritry financi.L).. protection policies listed in item 4 (a) also apply to the insurance af forded by the Master Policy throurlh this certificjtte as though they were at tached heretn:
(1) Holver of I)efenses Endorsement (Extraordinary thsclear Occurrence)and (2) Supplementary Endorsement - Waiver of Defenses - Heactor 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 Catawba Nuclear Station.
Item 5.
Limits of Liability:
The amount of retrospective premium actually roccived by the companics plus the amount of the companies' contingent liability, if any, pursuant to Conditions 2,. 3 and 4 of the Master Policy.
Item 6.
Certificate Period: Beginning at the same time and date that the Facility Operating License issued by the United States fluclear Regulatory Commission for. the reactor described in item 3 of this certificate becomes offective and continuing to the effective date and time of cancellation or tennination of the fiaster policy or this certificate, whichever first occurs, castern standard time, item 7.
Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Mast'er Policy with respect to each nuclear incidentt
$1,125,000 item 8.
Portior, of the annual premium payable for the companies' contingent liability described in Condition 4 of the fiaster Polley from the of fective date hereof to the end of calendar year 1985 :
The pro rata portion of $1.350.00 for the period from the effective date of this certificate to the end of the calendar year during which such effective date occurs.
Pann 1 o f f er t i fica t a ilo. Pt 106
00ilD FOR PAYMElli 0F RETROSPECTIVE PREll!Uf15 Know All icn By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the f4 aster Policy described in the above Certificate of Insurance and Declarations. The named, insureds do hereby covenant with and are held and are finnly bound to the members of fiutual Atonic Energy L.iability Underwriters subscribing the 11 aster Policy (here-inaf ter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable 19 accordance with the 11 aster 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 flaster 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 copics of written notices of retro-spective premiums and allowances for premium taxes due and payabic or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companics 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 companics 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 companics 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 Dond, or any provisions of the 11 aster Policy relat'ing 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 flo, i-1106
The preceding Certificate LT. Insurance. Declarations and Bond form a part 1
o' the Master Policy. Car.ce'llation or termination of the Master Policy
, ON 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.
- lil WITilESS WilEREOF,* the nardd insureds have caused this Certificate, these Declarations and thic Pond for Payment of Retrospective Premiums, to be signed and scaled by a daly'anthorized officer, to be effective as of the time and date of the inceih. ion of the _ Certificate period.
Attest or Witness flamoil Insureds:
Dune Power Company (flafqllnsured-TypeorPrint)
N N-
/ggdV By < v3 i,.//
(SEAL) e t
- 'y (Signature of 0fficer)
.y' Senior Vice President and General Counsel K
(Type or Print flame & Title of Officer) a
- v Date:
10/22/85 l
n;.
NorthCarolinaMunicipallower'hgen'ENo1 c
(flamed Insured - Type or'Prin't) !
a
(, b-By '
- r. 4 d
(3 R) 3
,(Signatureofjf[er)1o,, _,,,f '
Georne W Clav. Jr - Chairman \\'(Q 6
(Type or Print flame & Title of Officer)
Date: August 21, 1985
,\\
i North Carolina Electric Membership Corporation 1
\\
flamed Insured - Type or Pri t)-
~
0t? W D (SEAL) f,[(Signature of Of ficer)
Executive Vice Presidenk
(Type or Print flame & Title of Of ficer) l Date: October 7,1985 Page 5 nf Certificate flo. M-106 c
t At' test or tlitness flamed Insureds:
.Saluda River Electrie rh perat h I_nc.
m (llamed Insured - Tyr.e or Pri.it) < J '
JYAnb' s b 1L. @ v U
- /,?p/$
AL)
/(Signa,ture of Of fig'cr).
Insunn u vnt unt.t. ann F F f'. V..PRER.
r (Type or Print flame & Title of_ Officer)
Date:
September 11, 1985 Piedmnnt Municinal Power Agency (flamed insur
- Type or Print)
By._
R E '* -
(SEAL) gnature of Officer) ames A. Bauer, General Manager (Type or Print flame & Title of;,0fficer)
Date: September 19, 1985 (flamed Insured - Type or Print.)
By (SEAL)
(Signature of Officer)
(Type or Print flame a Titic of Officer)
Date:
(flamed Insured - Type or Print)
By_
(SEAL)
(Signature of Officer)
(Type or Print flame & Titic of Officer)
Date:
Page 6_of Certi ficate flo it-196
4 s
1TUITflESS WilEREOF, the companies subscribing the fiaster Policy have l daused the Certificate of Insurance and the Declarations to be signed
<on, their behalf by Mutual Atomic Energy Liability Underwriters to be effective as of the time and date of the inception of the Certificate
/
- period, and countersigned below by a duly authorized representative.
N Attest or Witness For the Subscribing Companies of 7
MUTUAL ATOMIC EilERGY LIABILITY UTI0E WRITE s
\\ :)
T'-
BY:
N*
44 Nthorized Agent'
~
~ %
Countersigned by h,<
(Auth6rized Representa t'ivd)'%_
i Subscribing Companies PROP 0RTION OF 100%
American Mutual Liability Insu'rance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 cY Liberty Mutual Insurance Company, Boston, MA 30.0000000 t
Lumbermens Mutual C0cualty dompany, Long Grove, IL 5
30.0000000 Michigan < Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000
)
3 A
's s
y Page 7
of Certificate No. H-106
,