ML20147D156

Forwards Endorsements 67 & 68 to Maelu Policy NF-218

ML20147D156
Person / Time
Site:	Brunswick
Issue date:	02/23/1988
From:	Barham C CAROLINA POWER & LIGHT CO.
To:	Nash D NRC
References
NUDOCS 8803030249
Download: ML20147D156 (5)

Text

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coronne power a usht company P. O Box 1551

• Raksh, N. C. 27602 Chwies D. Buham,. :.

s.na vn. Na.ni February 23, 1988' Mr. Darrel Nash, Section Leader Licensee Relations Section Office of State Programs Nuclear Regulatory Commission Washington, D.

C.

20555 Re:

Brunswick Steam Electric Plant ANI Policy 1.. NF-218 Ei.dorsement Nos. 67 and 68

Dear Mr. Nash:

We enclose two copies of Endorsement Nos. 67 and 68 to MAELU Policy No. NF-218 covering our Brunswick Steam Electric Plant near Southport, North Carolina.

With kindest regards, Very truly yours, Ww %w.k Charles D. Barham, Jr.

CDBjr/swb Enclosures

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,.,A 4;w. 2 S. 2 Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF COVERAGE ENDORSEMENT FOR WORKERS CLAIMS (Facility Form)

PREAMBLE 1.

The insurance and rating plan presently used by Nuclear Energy Liability Insurance Association ("NELIA") and Mutual Atomic Energy Liability Underwriters ("MAELU") do not make a distinction between workers claims arising from catastrophic events and those arising from lesser events; 2.

NELIA and MAELU believe that the lack of such a distinc-tion will adversely affect their ability to continue to attract from world markets very large amounts of nuclear energy liability insurance for the nuclear industry; 3.

NELIA and MAELU want to avoid this potential loss of capacity and to continue to provide nuclear energy lia-bility insurance for workers claims.

Accordingly NELIA and MAELU desire to restructure their present insurance

programs, including this policy, effective January 1,

1988.

NOW, THEREFORE, the Named Insured and the companies do hereby agree as follows:

1.

DEFINITIONS When used in reference to this endorsement:

"this policy" means the policy of which this endorsement forms a part; i

l "nuclear related employment" means all work performed at one or more than one nuclear facility in the United States of America or in conne;;: tion with the transporta-tion of nuclear material to or from any such facility.

t All of a worker's nuclear related employment shall be considered as having begun on the first day of such employment, regardless of the number of employers in-volved or interruptions in such employment; "worker" refers to a person who is or was engaged in nuclear related employment; NE-64 (1/1/88)

Page 1 l

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"workers claims" means claims for damages because of bodily injury to a worker caused by the radioactive, toxic, explosive or other hazardous properties of nuc-lear material and arising out of or in the course of the worker's nuclear related employment:

"extraordinary nuclear occurrence" means an event which the United States Nuclear Regulatory Commission has determined to ba an "extraordinary nuclear occurrence" as defined in the Atomic Energy Act of 1954, or in ar.)

law amendatory thereof.

2.

APPLICATION OF THIS ENDORSEMENT This endorsement applies only to such insurance as is afforded by this policy for workers claims which do not arise in whole or in part out of an extraordinary nuclear occurrence.

3.

EXCLUSION OF NEW WORKERS CLAIMS This policy does not apply to bodily injury to a worker which crises in whole or in part out of nuclear related employment that begins on or after January 1, 1988.

4.

APPLICA.'.70N OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With rcupect to such insurance as is afforded by this poli <y

?or workers claims which are not excluded, 7:.aurang Agreement IV does not apply and the following Ina,uring Mr)emut IV-A does apply:

IV-1. APPLICATION OF POLICY TO WORKERS CLAIMS This policy applies only to bodily injury (1) which is caused during the policy period by the nuclear energy hazard and (2) which is discovered and for which written claim is made against the insured not later than the close of December 31, 1997.

5.

AVi TTaBILITY OF SUPPLEMENTAL INSURANCE NELIA and MAELU are offaring to make insurance under one l

or more Master Worker Policies available to all holders i

of Nuclear Energy Liability Policies (Facility Form).

THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM i

.?OLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY NELIA OR MAELU AS THEY DEEM NECESSARY OR APPROPRIATE.

i The Master Worker Policies will provide, under their separate terms and conditions, coverage for new workers claims. Premioms will be subject to a separate Industry Retrospective Rating Plan.

NE-64 (1/1/88)

Page 2

Pago 3 COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC. A WRITTEN REQUEST MUST BE SUBMITTED TO MAELU OR NELIA THROUGH REGULAR MARKET CHANNELS.

It is understood and agreed that all of the provisions of this endorsement shall remain in full force and effect without regard to this Section 5,

and without regard to whether or not the Named Insureds become insureds under the Master Worker Policies, or whether or not MAELU or NELIA terminate such policies or withdraw or modify their offer to underwrite such policies.

Executed for the companies Date / Z [f k By L.E.

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3 (Signaturd of' Auth5r'11ecT Of ficer)

John L. Quattrocchi, Vice President-Liability Underwriting (Print or Type Name and Title of Officer)

Ts 30jj Executed for the Named Insured 1G 0

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5 $m I Carolina Power & Light Company s s (Named Insured - Print or Type) y j

ps Date 11/11/87 By M klyM.

(Signature of AuthoriXEd-Officer)

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Charles D. Barham, Jr./ Senior Viu n 41 dent j

(Print or Type Name and Title of Officer)

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.l Executed for the Named Insured

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North Carolina Eastern Municipal Power Agency

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• 5 (Named Insured - Print or Type)

Date ll-1'l il By h6C ^L WF WY

,= h, $ 3 jj

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Frederick E. Turnage. Chairman (Print or Type Name and Title of Of ficer)

Effective Date of this Endorsement January 1. 199g To form a part of Policy No NF-218 12:01 A.M. Standard Time Issued to Carolina Power & Light Company and North Carolina Eastern Municipal Power Aaency Date of Issue October 19. 1997 For the subecribing companies

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By

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Ceneral Manager Endorsement No 67 Count e rsigned by [- /'C4**j. e -

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NE-64 (1/1/88)

NUCLEAR ENERGY LIABILITY INSURANC6 NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMlUM AND STANDARD PREMlUM CALENDAR YEAR 1988 ENDORSEMENT 1.

ADVANCE PREMlUM: It is agreed that the Advance Premium due the companies for the period designated above is:

695.806.00 2.

STANDA'1D PREMlUM AND RESERVE PREMlUM: In the absence of a change in the Advance Premium indicated above,it is agreed that, subject to the provisions of the industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premir m is:

3 526,487.00 7-

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evn2%A ; N c:cz? fns.rns Effective Dets of This Endorsement J8"U8'Yl'1988 To form a part of Policy No. NF-218 12:01 A.M. Standard Time issued to Carolina Power & Liebt Comeanv and Nerth Carolina restern Municinal Pnwer Agency Date of Issue DecemW 15.1987 For the aribing com nies By

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General Meneger Endorsement No, 68 Countersigned by < M-

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