ML20138R920

Forwards Certificate N-85 to Nelia Policy 1 & Certificate M-85 to Maelu Policy 1

ML20138R920
Person / Time
Site:	Clinton
Issue date:	11/15/1985
From:	Turner C ILLINOIS POWER CO.
To:	Saltzman J NRC
References
NUDOCS 8511190253
Download: ML20138R920 (13)

Text

,

/LLINOIS POWER COMPANY EP 500 SOUTH 27TH STREET. DECATUR. ILLINOIS 62525-1805 November 15, 1985 NRC

. 0ffice of Anti-Trust and Indemnity Washington, D. C.

Attention: J. Saltzman RE: Illinois Power Company Nuclear Liability Secondary Financial Certificates Mr. Saltzman:

Enclosed are 2 copies each of the following:

Certificate NO. M-85 with the Mutual Atomic Energy Liability Underwriters (MAELU)

Certificate No. N-85 with the American Nuclear

-i- Insurers (ANI) i Very truly yours, f

4 C. L. Turner Supervisor

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General Insurance and Pension l'

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L 8511190253 851115  ;

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NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

- THIS IS TO CERTIFY THAT THIS iS A TRUE COPY OF THE 0RiGiMAL CU4TWICATE. BEARING TiiE NUM3Efl Di:S'GNATED HEREON, FOR 85 Certificate No. N.

IN3URAtiCECOVERAGEUNDERTHEMASTU' Pol 10Y NUCLEARENERGY l

[I[g g Un SE g g.p.' IAL PROTECil0th. NO Forming Part of Master Joe . .J du Policy No. I W( FE M4T UA9'f.1TY Uf0ERWR! TING 4:ddiCAN NUCLEAfiINSU?dHS CERTIFICATE 0F INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS 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 protectiorr 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 l

L NSFC-1 (1/1/83) . Pace 1

(3) which is discovered and for which written claim is made against the insured 16t'later than ten years after the end of the certificate period state 3 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'ter than twenty years af ter the date of the extraordinary nuclear occurrence.

Declarations Item 1. Named insureds and addresses:

(a) tilinois Power Ccmpany, 500 South 27th Street, Decatur, Illinois 62525 (b) Western Illinois Power Cooperative, Highway 67 S, Jacksonville, Illinois 62650 (P. O. Box 609, 62651)

(c) Soyland Power Cooperative, 2535 Millikin Parkway, Suite 1205, 62526 (P.O. Box A1606, 62525)

Item 2. Additional insureds:

Any other person or orgar}ization 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 I of the Cilnton Nuclear

- Station is located in DeWitt County, Illinois.

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- 261 $124.000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- 121 $ 36.000,000

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Page 2 of Certificate flo. N- p

e (b) The following endorsements, attached to th2 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 Endorseinent - 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:

, 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 the same time and date that the Facility Operating License issued by the United States Nuclear Regulatory Commission for the reactor described in Item 3 of this certificate becomes effective and continuing to the effective date i

, and time of cancellation 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.

Portion of the annual premium payable for the companies' contingent liability described in Condition 4 of the _ Master Policy from the effective date hereof to the cad of calendar year 1986 : The '

pro rata portion of $5.812.50 for the period from the effective date of .

'this certificate to the end of the calendar year during which such effective date occurs.

Page 3 of Certificate No. N.E

BOND FOR PAYMEf6 0F 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 abow 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 companics 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 amountsi 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 provisionsi For theyurpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

Pa@c 4 of Cnrtificate No. Ny8L ._

The preceding Certificate of Insurance, Declarations and Bond form a part j t

i 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 ,

l 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 scaled 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:

Illinois Power Company (Named Insured - Type or Print)

, ( _

OJ/ By_ L _(SEAL) l Arthur E. Gray, S- rotary (Signature of Officer) '

c. W. Wells, Executivo Vico President (Type or Print Name & Title of Officer)

Date: September 11, 1985 1

.Waltern Illinois Power Cooperative (Na Insured - Type rPrin) 1, k M By , _

o_ L (SEAL)

Roger l an,Sdcretary Signature of Officer)

'Roberc E. Cant, President (Type or Print Name & Title of Officer)

Date: September 27, 1985 l

! . Soyland Power Cooperative (Name sured-TypeorPrint) i, , By z/Meor L#s4_ s (SEAL)

David 1. Fricke, Secretary (Signature Officer) l C. E. Ferguson, President (Type september or Print Name 26, l'& {f 3

tic of Officer)

Date:

km a rd bra 1Mnem h A gro

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IN WITNESS 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 Nuclear Energy Liability Insurance L Association to be ef fective as of the time and date of the inception of the Certificate period, and countersigned below by a duly authorized i

, representa tive.

Attest or Witness For the Subscribing Companies of l NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION 1

i i. T

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~P ea BY:

l m- i l Burt%.FProom. Pres' dent I

Countersigned by (Authortied Representative)

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Page _6 of Certificate No. NAS f i

9

MUTUAL ATOMIC EllERrY LIABILITY Utt0ERWRITERS .

TWS IG 10 CERT!FY T!!AT TiliS is A TRUE CCFY OF THE ORIG!4AL CC.f!FICATE. BEARING THE NUMBER DeiSIEATE99tEREON. FOR Certificate flo. M. 85 _

INdudANCE COVERAGE UNCER TifE MASTER Q0LICY NUCLEAR ENERGY LIABILI thSU3AfiCE (SEC0!!0ARY FINANpl PROTECTION). N0 forming Part of Master INCUPA E IS AH 0CD50 . T'" ' '"i --

g; Policy flo. I V G PRE NT.LIAfj!LITY UNDEiMRITING AMEHICAN NUCLEARINSuhERS CERTIFICATE OF lilSURAtiCE DECLARAT!0 tis Atl0 80fl0 FOR PAYMEf4T OF RETROSPECTIVE PREMlUMS Certificate of Insurance This is to certify that the persons and organizations designated in item 1 of the Occlarations are named insureds under the Master Policy -

fluclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Energy Liability I

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 Occlarations.

(b) for the certificate period stated in Item 6 of the Qeclarations.

(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 if ability as described in Condition j

! 6 of the Master Policy, and l

l (2) which is caused during the certificate period stated in item 6 of the Occlarations by a nucicar incident arising out of or in connection with the nuclear reactor described in item l ,

3 of the Occlarations, and l

MSFC-1 (1/1/83) l'a!!e i

'o (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.

llowever, with respect to bodily injury or property _ damage i . t 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 af ter the date of the extraordinary nuclear occurrence.

, Occla ra tions l Item 1. Named insureds and addresses:

l (a) lilinois Power

• Company, 500 South 27th Street, Decatur, Illinois 62525 l (b) Western lilinois Power Cooperative, Highway 67 S, . Jacksonville, Illinois <

l 62650 (P. O. Box 609, 62651) l l (c)Soyland Power Cooperative,

2535 (P. O.Millikin Box A1606, Parkway 62535) Suite 1205, 62526

! Item 2. Additional insureds: 1 Any other person or organization who would be insured under the i

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 nucicar reactor: Unit I of the Clinton Nuclear Station is located in DeWitt County, Illinois. i Item 4. (a) Identification of primary financial protection applicable to ,

the nuclear reactor and limit (s) of liability thereof:

Nuc1 car Energy Liability Insurance Association's Policy flF- 261 $124,000,000  :

tiutual Atomic Energy Liability Underwriters * ,

Policy tiF- 121 $36,000,000 4

l Page 2 of Certificate flo. ti- 85 i

(b) Tne following endorsceent!.. attammd tr, tra priu ry financialJrotection policies listed in item 4 (a) also apply to the insurance af forded by the Master Policy through this certificate as though they were attached hereto:

(1) uaiver of Defenses Endorsement (Extraordinary thsclear 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:

No Exceptions Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies 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 Nuclear Regulatory Commission for the reactor described in Item 3 of this certificate becomes effective 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. 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. Portion of the annual premium payable for the companies' contingent liability described in Condition 4 of the Master Policy from the ,

effective date hereof to the end of calendar year 1986 : The pro rata

! ' portion of $1.687.50 for the period from the effective date of this certificate to the end of the calendar year during which such effective date occurs.

0 85

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-inaf ter 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 such amounts due end payable sworn to by a duly authorized representative of the smpanies 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 )urpose 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- 85

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.

Ifl 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 flamed Insureds:

i11inois Power Company (flamed Insured - Type or Print)

]

- YOf By / , (SEAL)

Arthdr E. Gr'ay, S cretary (Signature of Officer)

S C. W. Wells, Executive Vice President (Type or Print flame & Title of Officer)

Date: September 11, 1985 Western Illinois Power Cooperative (tiamed Insured - Type or Print) g # By ,, (SEAL)

Roger c. Wohrman, Secretary (Signature of OfIicer)_

Robert E. Cant, President (Type or Print flame & Title of Officer)

Date: September 27, 1985 Soyland Power Cooperative (flamed Ins ed - Type or Print) j M By t ps4 g po / (SEAL)

David'A. Fricke, Secretary (Signature o ficer)

C. E. Ferguson, President (Type or Print flame A Titic of Of ficer)

Date: September 26, 1985 Page 5 of Certificate flo. M-RS

. If4 WITf1ESS WHEREOF, the 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 as of the time and date of the inception of the Certificate period, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITER N -~\ BY: . ,

/h4horized Agent 7 Countersigned by (Authorized Representative)

Subscribing Companies PROPORTION ~0F 100%

American Mutual Liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wau'au, s 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 m

Page 6 of Certificate No. M. 85