ML20148F190

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Forwards Endorsements 88 & 89 to Nelia Policy NF-178, Endorsements 72 & 73 to Maelu Policy MF-53,Endorsement 8 to Nelia Certificates N-18 & N-19 & Endorsement 8 to Maelu Certificates M-18 & M-19,respectively
ML20148F190
Person / Time
Site: Point Beach  
Issue date: 01/20/1988
From: Dundas W
WISCONSIN ELECTRIC POWER CO.
To:
NRC
References
NUDOCS 8801260200
Download: ML20148F190 (13)


Text

r-Wisconsin

' Electnc POWER COMPANY 231 W Mchoon, RO. Box 2046. Mwee. wi 53201 (414)221 2345 January 20, 1988 Nuclear Regulatory Commission Office of Antitrust & Indemnity Washington, D.C. 20555 Gentlemen:

RE: Documen t_ _Nos_._ 5_0-_2_65_ and 50-30_1 Enclosed are copies of the following endorsements to nuclear liability policies written in connection with the Wisconsin Electric Power Company's Point Beach Nuclear Plant:

Endorsement Nos. 88 and 89 to NELIA Policy No. NF-178 Endorsement Nos. 72 and 73 to MAELU Policy No. MF-53 Endorsement No. 8 to NELIA Certificate No. N-18 Endorsement No. 8 to NELIA Certificate No. N-19 Endorsement No. 8 to MAELU Certificate No. M-18 Endorsement No. 8 to MAELU Certificate No. M-19 Very truly yours,

/

W. J.

ndas Superintendent -

Risk Management Division tz Enclosures cc:

Mr. A. W. Finke 8801260200 880120 PDR ADOCK 05000265 PDR g

y A subsWuqN Histvst EMAT Gvprvatie L

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM:

It is agreed that the Annual Premium due the companies for the period designated above is:

$ 1,688.00.

THl$ IS TO CERT 1FY THAT THIS IS A TRUE COPY OF TH EHit:F 01.TE. DEARING. THE NUMBEM Chl%A10 HEAE0N F t

feb NCE COVERAGE NDER THE MAS F.h M.'CY. NUCLE (tidlUIY if!SURANCE P 'C0hDAitY FINAN #AL PROTECT 10 N0 INSURANCE IS AFFCAD Y g SPY JOHN L C4JATTROCCHI VICE PRES?0ENT UABluTY UNDERWRITING AMERICAN NUCLEAR INSURERS Ef fective Date of this Endorsement January 1, 1988 To form a part of Certificate No. M-19 Issued to Wisconsin Electric Power Company Dste of Issue December 15, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND RWRITERS By

.W.

eY _C N

h Endorsement No.

8 Countersigned by Authorized Representative

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM:

It is agreed that the Annual Premium due the companies for the period designated above is:

$ 5,813.00.

THIS IS TO CEBUFY THAT THIS LS A TRUC COPY OF THE ORIGINAL CERTIFIC ATE, IlEARING THE NUMBEH DEsl0NATE0 HLRE0N, FOR

.thSURANCE COVERAGE UtlDER THE MASTER POLICY NUCLEARENERGY LIABi ITY INSURANCE (SECONDARY FIN CIAL PROTECTION) M (NSU, MEis AFF0PCE SY J04 ' dA Ctb

' ~ ~ " Wb

.J.. EM.Ut.EiLITY UNDERWRITING t

yt,c.

A,,WEtCAN AUCLEAR INSURERS i

i Effective Date of this Endorsement January 1, 1988 To form a part of Certificate No N-19 12:01 A.M.

Standard Time Issued to Wisconsin Electric Power Company Date of Issue December 15, 1987 ior the s ribing companies 6.,e u ~.-

l N General Manager

Endorsement No 8

Countersigned by

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM:

It is agreed that the Annual Premium due the companies for the period designated above is:

$ 1,688.00.

THIS IS TO CERflFY TH AT THIS IS A TRUE C CERTWCATE. BEARING THE NUMBER DESEN INSURANCE COVERAGE UNDER THE MASTER UABILITYINSUPANCE SECONDARY MNANCIAL PP INSURANCE IS AFFORD.1 BY THIS COP (.

N0 JOH'J L 00ATTROCCH.

'S -

C ttCE P.*ESCENT LIAB'u UNDERWRiffNG AVERICAN NJCLEAR I?!SURERS Effective Date of this Endorsement January 1, 1988 To form a part of Certificate No. M-18 Issued to _ Wisconsin Electric Power Comoany Date of Issue December 15, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND RWRITERS By

.T,

__ _Y _C N

n Endorsement No.

O Countersigned by Authorized Representative

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ANNUAL PREMIUM ENDORSEMENT Calendar Year 1988 ANNUAL PREMIUM:

It is agreed that the Annual Premium due the companies for the period designated above is:

$ 5,813.00.

THIS IS TO CERItFY THAT THIS IS A TRUE COPY OF THE ORIGINAL CERilRCATE, BEARING THE NUMBEH DESIGN ATED HEREON. FOR iH3UR AhCE COVERAGE UNDER THE MASTER POLICY. NUCLEAM EWERGY I,M6illTY INSUR ANCE (SECOND ARY FIN ANs IAL P$0TECT10N). N4 INSUR NCE IS AFFORDED BY THIS COPY.

JOHN

' $ CH L

W KE Fr SENT. LIABILITY UNDERWRIO

,AMERICAN NOCLEAR INSURERS Iffective Date of this Indorsement January 1, 1988 To form a part of Certificate No N-18 12:01 A.M. Standard Time Issued to Wisconsin Electric Power Company Date of Issue December 15, 1987 For the ribing ecmpanies

( l.: w & % r --.-

ay N General Manager Endorsement No 8

Countersigned by

dw m-.

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREM'UM AND STANDARD PREMlUM CALENDAR YEAR 1988 ENDORSEMENT 1.

ADVANCE PREMlUM: it is agreed that the Advance Premium due the companies for the period des;;nated above is:

3 165.279.00 2.

STANDARD PREFAIUM 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 Premium is:

3 124.937.00 Th;s is *n m.% t'ei tro is a tn'+ ccpy 0! the cristal Edenctrymt hw:r.3 ?h? eMorsment r.ur.ber and twing na&: part of the No:br En<nca Lbb:1;ty Policy (F; Sty Fonn) as des-i m.tc, iccuu.. No Insu er : -"~* *reurat.

. w,_ % L C W t.

Wed.i, h Fra &r O MtvU4saw.bas Amcorec.' M h.t.;ren Effective Date of This Endorsement January 1,1988 To form a part of Policy No.

M F-53 12:01 A.M. Standard Time issued ta Uf ernne (n Electrie enwor en y ny Date of issue December 15.1987 For the subscribing companies 1

MUTUAL ATOMIC ENERGY UABlWTY UNDERWRITERS A

By

'T -

C b

Endorsement No.

73 N

Countersigned by Authorized Representative

1 Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDMENT OF COVERAGE ENDORSEMENT FOR WORKERS CLAIMS (Facility Form)

PREAMBLE 1.

The insurance and rating plan presently used by Mutual Atomic Energy Liability Underwriters ("MAELU")

and Nuclear Energy Liability Insurance Association ("NELIA")

do not make a distinction between workers claims arising from catastrophic events and those arising from lesser events; 2.

MAELU and NELIA believe that the lack of such a dis-tinction 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.

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

Accordingly MAELU and NELIA 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 m2 clear facility in the United States of America or in connection with the transporta-tion of nuclear material to or from any such facility.

l All of a worker's nuclear related employment. shall be m idered as having begun on the first day of such employment, regardless of the number of employers l

involved or interruptions in such employment; "worker" refers to a person who is or was engaged in nuclear related employment; l

ME-64 (1/1/88) page 1 l

i

"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 be an "extraordinary nuclear occurrence" as defined in the Atomic Energy Act of 1954, or in any 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 arises in whole or in part out of nuclear related employment that begins on or after January 1, 1988.

4.

APPLICATION OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With respect to such insurance as is afforded by this policy for workers claims which are not excluded, Insuring Agreement IV does not apply and the following Insuring Agreement IV-A does apply:

IV-A 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.

l 5.

AVAILABILITY OF SUPPLEMENTAL INSURANCE L

MAELU and NELIA are offering to make insurance under one or more Master Worker Policies available to all holders l

of Nuclear Energy Liab_ility Policies (Facility Form).

THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM POLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY MAELU OR NELIA AS THEY DEEM NECESSARY OR APPROPRIATE.

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

ME-64 (1/1/88)

Page 2 l

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 previsions 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

/[t/[f By

~

Date N (SignaTurb of Authorff'e6 Of ficer)

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

Executed for the Named Insured Wisconsin Electric Power Company (Named I sured - frint or Type)

Date _12/11/87 By M

M (Signature of Authorized Of ficer)

R. W. Britt. President t$is sS:"cN' bM i

o certify

/

Endorsernent having the endorsernent number and ben made part of the Nudear Energy Liability Policy (F ity Forrn) as dos-ignate hereon. No insu e is afford ereunder.

John L - scN. We

  • W Effective Date of this Endorsement January 1, 1988 To form a part of Policy No.

MF-53 12:01 A.fl. Standard Time Issued to Wisconsin Electric Power Company Date of Issue October 19, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UN ERWRITERS By y

Endorsement No.

72 Countersigned by Authorized Representative

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

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

569,295.00 2.

STANDARD PREMlUM AND RESERVE PREMlUM: In the absenca 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 Premium is:

430.339.00 This is to cert;!y that this is a true copy of the oridnal Endorsement hex:na the endorsement number and being made pari of the Nudear Enetgy Liabi!!ty Policy (Fegty Form) as des-ignatec 5 creon. No in5su ince is afforde/bereunder.

2.

1e John L. s

iocchi, Vke PrGnILibtd. Des Amerker, Nuclear hutu rs i

l l

l Effective Date of This Endorsement January 1,1988 To form a part of Policy No.

NF-178 12:01 A.M. Standard Time issusd to Wisconsin Electric Power Cornoany Date of issue December 15,1987 For the cribing com anies By A

b

/'

General Manager Endorsement No.

89 Countersigned by

i Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF COVERAGE ENDORSEMENT FOR WORKERS CLAIMS (Facility Forn)

PREAMBLE The insurance and rating plan presently used by Nuclear 1.

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:

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

"nuclear related employment" means all work performed at i

I one or more than one nuclear facility in the United States of America or in connection with the transporta-tion of nuclear material to or from any such facility.

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; I

"worker" refers to a person who is or was engaged in l

nuclear related employment; NE-64 (1/1/88)

Page 1

i "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 be an "extraordinary nuclear occurrence" as defined in the Atomic Energy Act of 1954, or in any 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 arises in whole or in part out of nuclear related employment that begins on or after January 1, 1988.

4.

APPLICATION OF POLICY TO WORKERS CLAIMS NOT EXCLUDED With respect to such insurance as is afforded by this policy for workers claims which are not excluded, Insuring Agreement IV does not apply and the following l

Insuring Agreement IV-A does apply:

IV-A APPLICATION OF POLICY TO WCRKERS CLAIMS l

l This policy applies only to bodily injury (1) i which is caused during the policy period by i

the nuclear energy hazard and (2) which is i

discovered and for which written claim is made against the insured not later than the close of December 31, 1997.

5.

AVAILABILITY OF SUPPLEMENTAL INSURANCE NELIA and MAELU are offering to make insurance under one or more Master Worker Policies available to all holders i

of Nuclear Energy Liability Policies (Facility Form).

l THIS OFFER IS CONTINGENT ON SUFFICIENT SUPPORT FROM POLICYHOLDERS, AND MAY BE WITHDRAWN OR MODIFIED BY NELIA OR MAELU AS THEY DEEM NECESSARY OR APPROPRIATE.

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

NE-64 (1/1/88)

Page 2

i Pago 3 COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC. A WRITTEN REQUEST MUST BE SUBMITTED TO NELIA OR MAELU 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 NELIA or MAELU terminate such policies or withdraw or modify their offer to underwrite such policies.

Executed for the companies

/!fM By

.T,/

N --

Date /

A

'I N

(SignaTur4 of AuthofTfftY-G(ficer)

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

Executed for the Named Insured Wisconsin Electric Power Company (Named I ured -

rint or Type)

Date 19 /11/ g7 By

/ b

.M (Signpture of Authorized Officer)

R. W. Britt, President (Print or Type Name and Title of Officer)

This is to certify that this is a true copy of the crianal Endorsernent hasing the endorsement number and being fnade part of the Nuclear Energy Liability Policy (Fjcility Form) as des.

ignat d hereon. No insurance is effory/l hereunder.

Jotm tir tr America tuulnsums Effective Date of this Endorsement January 1. 1988 To form a part of Pclicy No NF-178 12:01 A.M. Standard Time Issusd to llisconsin Electric Power Company Date of Issue October 19, 1987 For the subs ribing companies t

/

Sy

. / A +o 4._

s) General Manager

^

Endorsement No 88 Countersigned by NE-64 (1/1/88)