ML20149M898
| ML20149M898 | |
| Person / Time | |
|---|---|
| Site: | River Bend  |
| Issue date: | 02/17/1988 |
| From: | Samuels J MARSH & MCLENNAN, INC. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8802290225 | |
| Download: ML20149M898 (7) | |
Text
.
<ygLennan M & M Nuclear Consultants 21215an Jacinto 5treet 1300 San Jacinto Tower Dallas, Texas 75201 Telephone 214 979-9'XO February 17, 1988 I
5 Mr. Ira Dinitz Senior Insurance Indemnity Analyst Office of Nuclear Reactor Regulation Mail Stop 12E4 U. S. Nuclear Regulatory Commission Washington, D.C. 20555 RE: Nuclear Liability Insurance Gulf States Utilities Company ANI Policy NF-286, End. 24 MAELU Policy MF-119, End 16 Dear Mr. Dinitz Enclosed are two certified copies of the captioned endorsements.
Please do not hesitate to call with any questions.
j/chnL.Samuels 4
Nuclear Consultant JSibp Enclosures cc:
B. Reiser - GSU M. Nadel - M&M Dallas
$$k22 p a
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r-2 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:
l 1.
DEFINITIONS When used in reference to this endorsement:
l "this policy" means the policy of which this endorsement l
forms a part; "nuclear related employment" means all work performed at 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 involved or interruptions in such employment; "worker" refars to a person who is or was engaged d.n l
nuclear related employment; i
l ME-64 (1/1/88) page 1
"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 TMIS 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.
5.
AVAILABILITY OF SUPPLEMENTAL INSURANCE MAELU and NELIA are offering to make insurance under one or more Master Worker Policies available to all holders of Nuclear Energy Liability 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
PCgo 3 COVERAGE UNDER THE NEW MASTER WORKER POLICIES IS NOT AUTOMATIC. A WRITTEN REQUEST MUST BE SUBMITTED TO MAELU OR NELIA THROUGH REGUIAR 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 /
\\. T.
By
- _ A
~
JL
[
4 (Signatur'e of AutWorfzeT Officer)
- <g.
John L. Quattrocchi. Vice President-Liability Underwriting 4,4 (Print or Type Name and Title of Of ficer)
T3 lleh Executed for the Named Insured Fd Ed y.&
c Gulf States Utilities Company e
=
(Named Insured - Print or Type) 5 E.,3 Date 12/15/87 By s)
Mb M
g ji
,o (Sign ture of Author'ized Of ficer) b
- 2 ] h)
N W
J. L.
onnelly, Senior Executive Vice 2 's President and Chief Financial Officer
$}2(
(Print or Type Name and Title of Officer)
.s s 3 G 3 6 j
.i; Executed for the Named Insured 3$5S
- 5 g C"
>J Caiun Electric Po h erative. Inc.
Esa!
- }
,(N ed Insuz;ed - Pr nt or Type)
/
[Date 12/18/87 By m --
13 3.j y
gjgE j {;,
(Signature of Authgr'rized Officer)
W. Leo Payne Vice President at.' Corporate Treasurer (Print or Type Name and Title of Officer)
Effective Date of this Endorsement January 1,1988 To form a part of Policy No.
[1F-119 12:01 A.M. Standard Time Issued to Gulf States Utilities Comoany and Caiun Electric Power Cocoerative. Inc.
Date of Issue October 19, 1987 For the Subscribing Companies NUTUAL ATOMIC ENERcY LIABILITY U ERWRITERS l
By
~
Endorsement No.
1s; Countersigned by Authorized Representative l
l
t 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 potent!.al loss of capacity and to continue to provide nuclear energy lia-bility insurance for workers claims.
Accorclingly 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
"nuclear related employment" means all work performed at 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 nuclear related employment; i
NE-64 {1/1/88)
Page 1 i
i
~
"workers claims" means claims for damages because of bodily injury to a worker caused by the radioactive, toxic, explosive or other hazardous prcperties 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.
5.
AVAILABILITY OF SUPPLEMENTAL INSURANCE NELIA and MAELU are offering to make insurance under one or more Master Worker Policies available to all holders of Nuclear Energy Liability Policies (Facility form).
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 PCga 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 anct 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 /[d/
By
.R.Me k
/A T (signature of AuthorPted-Df ficer)
John __ Ouattracchi. Vice Presi(ent-Liability Undenfriting f3 (Pr:,nt or Type Name and T,tle of officer)
Executed for the Named Insured Ii 3
d Gulf States Utilities Connany (Named Insured - Print or Type) g y
E Date 12/15/87 By L1R H
j o, j q
(Signdture of Authorized Officer) o 3
{ ;0 J. L. Donnelly, Senior Executive Vice
.c President and Chief Financial Officer Jg (Print or Type Name and Title of Of ficer)
.].(pg Executed for the Named Insured p h W (.
,.l Caiun Electric Powet--Cocoerative. Inc.
a jj$
, vgjj (Namadg nsuryd jerint or Type) b Date 12/18/87 d
gy g,
, [-
.t l gg3[ jy gga re of Autpiorized officer)
Vice President and Corporate Treasurer l
(Print or Type Name and Title of Officer) l l
l l
Effective Date of this Endorsement January 1. 1988 To form a part of Policy No NF-286 12:01 A.M. Standard Time Issusd to Gulf States Utilities Company and Cajun Electric Power Cooperative. Inc.
Dato of Issue October 19. 1987 For the su. ribing co panies
(
By k
)%
N-Ceneral Manager Endorsement No 24 Countersigned by NE-64 (1/1/88)
I