ML20150C450
| ML20150C450 | |
| Person / Time | |
|---|---|
| Site: | Yankee Rowe |
| Issue date: | 09/27/1978 |
| From: | York R NEW ENGLAND POWER CO. |
| To: | Paradiso P MARSH & MCLENNAN, INC. |
| Shared Package | |
| ML20150C441 | List: |
| References | |
| NUDOCS 7811240048 | |
| Download: ML20150C450 (23) | |
Text
. - -
NEWENGLAND POWER SERVICE COMPANY r.r. phon, sur ass.gos s Ew England Electric System 20 Turnpike Rood, Westborough, Mossochusetts 01581 September 27, 1978 Marsh & McLennan, Inc.
200 Clarendon Street Boston, Massachusetts Attention - P. J. Paradiso
Dear Pat:
According to Ira Dinitz (his letter of September 22, 1978, copy attached), he has not received certified copies of a number of endorsements to the ANI and MAELU policies.
Ira raised a question concerning Endorsement #66 to MF-26 in October of 1977. We requested at that time that you explain to him that there is no En'dorsement #66, but that old Endorsement #65 now becomes #66, by virtue of Endorsement #67 having changed numbers of all prior endorsements, commencing with new Endorsement #62 (old #61).
As to the remaining missing endorsements, we did send these to Jerome Salzman (copies our transmittal letters of July 22, 1978, February 23, 1978,' aise attached).
We also sent to Mr. Salzman certified copies of Endorsements
- 85 and #71, both pertaining to return of premium resulting from shut-down (copy our letter of March 20, 1978 attached).
Also attached for identification are verifax copies of the original endorsements, from the policy file.
We ask that you kindly discuss these matters with Ira Dinitz and if it is not possible for him to locate the certified copies, that you request additional certified copies forthwith for transmittal.
Very truly yours NEW ENGLAND POWER SERVICE COMPAh"I fLp
-_AJ 7
Raymond N. York, Manager gggg h Property & Casualty Insurance cc: A.R. Soucy Attachments o
j AMENDATORY ENDORSEMENT It is agreed that:
1.
Endorsenent No. 61, " Advance Premium for Calendar Year 1977" is hereby renumbered No. 62.
2.
Endorsement No. 62, " Amendment of Condition 2 ' Inspection; Suspension'"
is hereby renumbered No. 63.
3.
Endorsement No. 63, " Amendment of Definition of ' Nuclear Energy llazard '"
is hereby renumbered No. 64.
4.
Endorsement No. 64, " Waiver of Defenses," is hereby renumbered No. 65.
5.
Endorsement No. 65, " Amendment of Condition 2" is hereby renumbered No. 66.
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Effective Date of To form a part MF-26 this Endorsement A nnnry 1-1477 af Policy No.
Issued to Vnnh'o Arnm4c Flectric rn-nnny Date of Issu, April 21, 1977 For the Subscribing Companies MUTUA T
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Y BILI UNDERWRITERS By l '* -
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y Gentlemen:
He ere presently reviewing our files and note that the following endorsements to your nuclear liability insurance policies have not been received:
Advance Premium Endorsement and Standard Premium and Reserve Premium Endorsement Calendar Year 1977.
(
) NEL-PIA
(
) MAELU In addition, we have not received the following endorsements and signed copies of the following indemnity agreements or amendments thereto:
/
- 66 to MF-26 We would appreciate your providing us with this infonnation as soon as possible.
If you have any questions, please do not hesita+e to contact us.
Sincerely, N
g Ira Dinitz, Indemnity Specialist l
Antitrust & Indemnity Group Nuclear Reactor Regulation 3c),f 9 y - E'3 E A 62flY,N f f
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'v, NUCLEAR ENERGY LIABILITY INSURANCE
- X.-
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDMENT OF CONDITION 4 ENDORSDfENT It is agreed that with respect to bodily injury or property damage caused i
after the effective date of this endorsement by the nuclear energy hazard the figure $28,125,000 stated in Condition 4 of the policy is amended to read $31,500,000.
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j EHective Date of To form a part
- this Endorsement January 1. 1977 of pot;ey g o, gr 26 Issued to an ee At mic Electric Company February 28, 1977 I
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MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By p
Endorsement No.
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NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS WAIVER OF DEFENSES ENDORSEMENT (Extraordinary Nuclear Occurrence) j The named insured, acting for himself and every other insured under the policy, and the members of the Mutual Atomic Energy Liability Underwriters agree as follows:
1.
With respect to any extraordinary nuclear occurrence to which the policy applies as proof of financial protection and which (a) arises out of or results from or occurs in the course of the construction, possession, or operation of the facility, or (b) arises out of or results from or occurs in the course of the transportation of nuclear material to or from the facility, the insureds and the companies agree to waive (1) any issue or defense as to the conduct of the claimant or the fault of of the insureds, including but not limited to:
(1) negligence, (11) contributory negligence, (iii) assumption or risk, and (iv) unforeseeable intervening causes, whether involved the conduct of a third person, or an act of God, (2) any issue or defense as to charitable or governmental inmunity, and (3) any issue or defense based on any statute of limitations if suit is instituted within three years from the date on which the claimant first knew, or reasonably could have known, of his bodily injury or property damage and the cause thereof, but in no event more than twenty years after the date of the nuclear incident.
The waiver of any such issue or defense shall be effective regardless of whether such issue or defense may otherwise be deemed jurisdictional or relating to an element in the cause of action.
2.
The waivers set forth in paragraph 1. above do not apply to (a) bodily injury or property damage which is intentionally sustained by the claimant or which results from a nuclear incident intentionally and wrongfully caused by the claimant; (b) bodily injury sustained by any claimant who is employed at the site of and in connection with the activity where the extraordinary nuclear occurrence takes place if benefits therefor are either payable or required to be provided under any workers' compensation or occupational disease law; (c) any claim for punitive or exemplary damages, provided, with respect to any claim for wrongful death under any state law which provides for damages only punitive in nature, this exclusion does not apply to the extent that the claimant has sustained actual damages, measured by the pecuniary injuries L
resulting from such death but not to exceed the maximum amount otherwise recoverable under such law.
9 9
3.
The waivers set forth in paragraph 1. above shall be effective only with respect to bodily injury or property damage to which the policy applies under its terms other than this. endorsement; provided, however that with respect to bodily injury or property damage resulting from an extraordinary nuclear occurrence, Insuring 3
Agreement IV, " Application of Policy," shall not operate to bar coverage for bodily injury or property damage (a) which is caused during the policy period by the nuclear energy hazard and (b) which is discovered and for which written claim j
is made against the insured not later than twenty years after the date of the i.
extraordinary nuclear occurrence. Such waivers shall not apply to, or prejudice the prosecution or defense of any claim or portion of claim which is not within the protection afforded under (a) the provisions of the policy applicable to the financial protection required of the named insured; (b) the agreement of indemnification between the named insured and the Nuclear Regulatory Commission made pursuant to Section 170 of the Atomic Energy Act of 1954, as amended; and i
(c) the limit of liability provisions of Subsection 170 e. of the Atomic Energy j
Act of 1954 as amended.
Such waivers shall not preclude a defense based upon the failure of the claimant to take reasonable steps to mitigate damages.
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- 4. Subject to all of the limitations stated in this endorsement and in the Atomic j
Energy Act of 1954, as amended, the waivers set forth.in paragraph 1. above shall be judicially enforceable in accordance with their terms against any insured in an i
action to recover damages because of bodily injury or property damage to which l
the policy applies as proof of financial protection.
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S. As used herein:
" extraordinary nuclear occurrence" means an event which the ll j
Nuclear Regulatory Commission has determined to be an extraordinary nuclear occurrencej
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as defined in the Atomic Energy Act of 1954, as amended.
" financial protection" and " nuclear incident" have meanings given them in the Atomic Energy Act of 1954,
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as amended.
" claimant" means the person or organization actually sustaining the l
bodily injury or property damage and also include his assignees, legal represen-l tatives and other persons or organizations entitled to bring an action for damages j
on account of such injury or damage.
Effective Date of To form a part this Endorsement January 1, 1977 nf poljey No, MF-26 i
Yankee Atomic Electric Issued to U""""#7 14' 1977 Date of Issue 1
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For the Subscribing Companies i
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By
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Countersigned by Avruoatzso RsrasaswTmys l
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NUCLEAR ENERGY LIABILITY INSURANCE
~~_i MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDMENT OF DEFINITION OF "hJCLEAR ENERGY HAZARD" (Indemnified Nuclear Facility)
It is agreed that:
1.
Solely with respect to an " insured shipment" to which the policy applies as proof of financial protection required by the Nuclear Regulatory Commission subdivision (2) of the definition of " nuclear energy hazard" is amended to read:
(2) the nuclear material is in an insured shipment which is away from any other nuclear facility and is in the course of transportation, including handling and temporary storage incidental thereto, within i
(a) the territorial limits of the United States of America, its territories or possessions, Fuerto Rico or the Canal Zone; or (b) international waters or airspace provided that the nuclear material is in the course of transportation between two points located within the territorial limits described in (a) above and there are no deviations in the course of the transportation for the purpose of going to any other country, state or nation, except a deviation in the course of said transportation for the purpose of going to or returning from a port or place of refuge as the result of an emergency.
2.
Ab used here, " financial protection," has the meaning given it in the Atomic Energy Act of 1954, as amended.
Effective Date of To form a part this Endorsement January 1, 1977 nf policy No.
MF-M Yankee Atomic Electric January 1, 1977 Dm d b For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By b
Countersigned by Endorsement No.
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NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL' ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDMENT OF CONDITION 2 " INSPECTION; SUSPENSION" (FACILITY FORM)
It is agreed that Condition 2 " INSPECTION; SUSPENSION" is replaced by the following:
- 2. INSPECTION; SUSPENSION. The companies shall at any time be permitted but not obligated to inspect the facility and all operations relating thereto and to examine the insured's. books and records as far as they relate to the subject matter of this insurance.
Neither the right to make inspections and examinations nor the making thereof nor any advice or report resulting therefrom shall consti-tute an undertaking, on behalf of or for the benefit of the insured or others, to determine or warrant that such facility or operations are safe or healthful, or are in compliance with any law, rule or regulation.
If a representative of the companies discovers a condition which he believes to be unduly dangerous with respect to the nuclear energy hazard, a representative of the companies may request that such condition be corrected without delay.
In the event of non-compliance with such request, a representative of the companies may, by notice to the named insured, to any other person or organization considered by the companies to be responsible for the continuance of such dangerous condition, and to the United States Nuclear Regulatory Commission, suspend the insurance with respect to the named insured and such other person or organization effective 12:00 midnight of the next business day of such Commission following the date that such Commission receives such notice.
The period of such suspension shall terminate as of the time stated in a written notice from the companies to the named insured and to each such person or organization that such condition has been corrected.
Effective Date of To form a part this Endorsement January 1, 1977 af Pdicy No.
MF-26 Yankee Atomic Electric Company Issued to l
January 14, 1977 Date of Issue For the Subscribing Companics MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By Endorsement No.
b3 Countersigned by Attruontso Rarauswums
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1 I9 NUCLEAR ENERGY LIABILITY INSURANCE
.3 MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM ENDORSEMENT and STANDARD PREMIUM ENDORSEMENT Calendar Year 1977 1.
ADVANCE PREMIUM It is agreed that the Advance Premium due the companies for the calendar year designated above is $ 41,625.00 l
2 STANDARD PREMIUM AND RESERVE PREMIUM 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 and Reserve Premium are:
Standard Premium 41,625.00 Reserve Premium 30,960.00 Effective Date of To form a part this Endorsement January 1, 1977 of Policy No.
MF-26 Issued to Yankee Atomic Electric Company Date of Issue December 6, 1976 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By Endorsement No.
[S Countersigned by g g, AUTHORIZdD REPRESENTATIVE l
E NUCLEAR ENERGY LIABILITY INSURANCE
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MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 1.
A!END!ENT OF ADVANCE PREMIUM ENDORSE'ENT 2.
STANDARD PRE: GUM AND RESERVE PREMIUM 12iDORSE?IDiT
'1 3
PEIURN PRDERIM DUE I
1.
Advance Premium It is agreed that the Amer.ded Advance Premium due the companies for the celendar year 975 is
$38,165.61
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1 2.
Stan. lard Premi'm and Reserve Prc.mium Subject to the provisions of the Industry Credit Eating Plan, it is agreed thr.t the Standard Premiun and Reserve Premium for the calendar year desi nated above are:
6 Standard Premium
$38,169.67
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Reserve Premium
$28,333.95 y
3 Return Prem.'um
$2,872.13 y y3 93 Y ',,.
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r Effective Date of January 1, 1975 To form a part MF-26 this Endenement af Policy No.
Issued to --._..
Yankee Atomic Electric Company Date of kssu-February 5,1976 Fct the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS By 61 Endorsement No.
Counter:igned by Avrwouzro amurmma 2
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Flo-3 9 0-o7 3 9 YANKEE ATOMIC FLECTRIC COMPANY
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l March 20, 1978 Office of Anti Trust and Indemnity Nuclear Reactor Regulations Nuclear Regulatory Commission Washington, D. C.
20555 e
Attention - Mr. Jerome Salzman, Deputy Chief
Dear Mr. Salzman:
We enclose for your files eight. certified copies of Nuclear Energy Liability Insurance Association Endorsement No. 85
,and Mutual Atomic Energy Liability Underwriters Endorsement No. 71, both pertaining to return of premium resulting from shutdown during 1977.
Very truly yours t
YANKEE ATOMIC ELECTRIC COMPANY J. C. Nesbitt Assistant Treasurer Enclosure cc:
D. E. Rose A. R. Soucy i
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i NuclIr Energ'y LI bility insurpnco NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION e
ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1977 It is agreed that Items la. and Ib. of Endorsement No. 83 are amended to read:
la. ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
$ 131,477.51 Ib.
STANDARD PREMIUM AND RESERVE PREMIUM:
In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry i
Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is:
$ 97.597.91 Return Premium: $18,137.79 Effective Date of this Endorsement January'1,-1977 To form a part of Policy No NF-76 12.01 A.M. Sta rd Time Issued to _. Yankee Atomic Electric mpany Date of issue ____ January 9,1978 -
For the su scribing co panies 3
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General Manager countersigned by
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Endorsement No 85 TF'"W
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AMENDMENT OF ADVANCE PREMIUM ENDORSEMENT i
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STANDARD PREMIUM AND RESERVE PREMIUM ENDORSEMENT 3
RETURN PREMIUM DUE 1
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Advance Premium I
l It is agreed that the Amended Advance Premium due the companies for the calendar year 1977 is $38,170.89 2.
Standard Premium and Reserve Premium i
Subje'et to the provisions of the Industry Credit Rating Plan, it l
is agreed that the Standard Premium and Reserve Premium for the calendar year designated above are:
i Standard Premium $38,170.89 Reserve Premium
$28,334.88 t
3 Return Premium $5,265.81 Effective Date of January 1, 1977 To fonn a part MF-26 this Endorsement af Policy No.
Yankee Atomic Electric Company Issued to Date of Issu, February 8,1978 For the Subscribing Companies MUTU A
MI NERGYkIABILI Y UNDERWRITERS 1
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Endorsement No.
71 Countersigned by AUTwos 2so RarnesswraTrva gs -
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,YANKElE February 23, 1978 Office of Anti Trust and Indemnity Nuclear Reactor Regulations Nuclear Regulatory Commission Washington, D. C.
20555 Attention - Mr. Jerome Salzman, Deputy Chief
Dear Mr. Salzman:
We enclose for your files eight certified copies each of the following endorsements for Nuclear Energy Liability Insurance Association and Mutual Atomic Energy Liability Underwriters.
End. No.
End. No.
_NELIA MAELU 84 Setting forth 1978 Advance Premium 70 Very truly yours YANKEE ATOMIC ELECTRIC COMPenT J. C. Nesbitt Assistant Treasurer Enclosure ec:
D. E. Rose A. R. Soucy
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Nucl:ar Ennrgy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION f
-1) ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT
- 2) CHANGES IN SUBSCRIBING COMPANIE3 AND IN THEIR PROP 0RTIONATE LIABILITY ENDORSEMENT Calendar Year 1978 la. ADVANCE PREMIUM:
It is agreed that th'e Advance Premium due the companies for the. period designated above is:
173,600.00 b.
STANDARD PREMIUM AND RESERVE PREMIUM:
In the absence of' a change in the Advance Premium indicated above, it is agreed that, subject to the pro-visions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is: $
129,611.00 2.
It is agreed that with respect to bodily injury or property damage caused, during the effective period of this endorsement, by the nuclear energy hazard:
a.
The word " companies" wherever used in the policy means the subscribing companies listed on the reverse side of this endorsement.
b.
The policy shall be binding on such companies only.
Each such company shall be. liable only for its proportion c.
of any obligation assumed or expense incurred under the policy because of such bodily injury or property damage as designated en the reverse side of this endorsement.
3.
It is agreed that the effective period of thi's endorsement is from the beginning of the effective date of this endorsement stated below to the close of December 31st of the Calendar Year designated in the caption above, or to the time of the termination or cancellation of the policy, I
if sooner.
(Over) 1 Effective Date of January 1, 1978 NF-76 12:01 A.M. StandYdisme f
issued to JIlk.re Atomic Electric Compa_ny f
Date of issue _ December 20_, 1977 For the su Scribing CO panics
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General Manager Endorsement No -
Countersigned by /
M V NE-35 (1/1/78) th n
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Aetna Casualty am! Surety Co., Tec, B1 F ermin9 ton he., Hartford, CT 06156 7;.581926 Act,a Int,uranc e Ca"many, 55 E lm St, Hartfctd. CT 0f115 2.481641 Allstate Insurame Co., fr4 Skrkie Elvd., SkrAie, IL 60076 4.963682 American Ho w Asssrance Co., 102 Maider La.. New York, U 10005
.703188 American S torists insurance Co., Long Grove, IL 60049
.41 %40 Bituminous Casualty Corporatton, 32 12tn St., Roct !sland IL 61201
.397095 Certennial Insurance Co., a5 Wall St.. New iork, NY I TC5
.41 %40 C omer c l i. Um on insurance Co., Pne Bearan St., f;oston, MA 02108 3.640034 rnonecticut Indeinity Company, The,1000 As/ lum Ave., riartford, Cl 00101 1.116829 Cnetinental Casualty Co., Ch4 t'laza. Chicauo, IL 60n95 4.301858 Continertal Insurance Co., The HD %tiden La., New Yorn, NY 10038 6.618243 f ederal Insurance Co., 51 Joem F. Een*dy Pkwy., Shcrt Hills, NJ 07078 1.323649 i t reman's f and Insurance Co.
3333 Cali f arnia 5t., San Francisco, CA 94119 4.550042 heneral Accident F ire and Life 'sssrance Corp., Ltd., 414 Walnut St., Philadelphia, PA ICJ 1.40f 377 Great American Insurance Co., tr.0 minut St., Cincinnati, OH 45201 1.389831 Hanover Insurarce Co., The, /.a0 t in::;ln St., Worcester, MA 01605
.496368 hat t ford N ident and Indemnity Co.
Hartford Flata, Hartford, CT 06115 7.8591(A Hart f ord Steam Iwiler insp. A Ins. Co., The, 50 Orcspect St., Hartford, CT 06102
.455004 Home nd,vr.n f t r ().. The, 59 Palder La., h w York, NY 10C33 2.895481 inwrance Co. cf Art % America,1600 Arch Street, PMladelphia, PA 19101 3.309122 Monarch Insuram e Co. of Oein, irse, la Rector St., New York, NY 10006
.289548 Northern Insuras e Company of New tark, P.O. Cox 1223 Ealtimore, MD 21203 1.654561 twrthwestern fiat tonal ins. Co., 731 No. Jackson St., W lwad ee, WI 63202
.579096 hhio cdsualt y Irsiarance CC Many, he, IR harth Third St., Harrilton, OH 45025
.165456 T
hi ific Indemni ty Co., 3200 hilsh we Ulv1, Lt:s Anneles, CA 90054
.330912 reerleu f ruan, Co., f ? N; le u.e., r e-,
'.H G3411
.103411 hmen t x Amrerc e Co. of b c ri, ' Fen L., b iork, NY 1003B 496368 F,otective 'rsurance Co., 31')c An. W r H hin St, Indianapolis, IN 46208
.165456 Frnvidence Wamrgton insurance Co.
26 Wastin9 ton Flace, Providence, R1 02903
.103411 Puritan in%rance Coripany, 1515 Smr St., Stamford, CT 06405
.248184 Peliance Insurance Comnany, 4 Perm Center Plata, Philadelphia, PA 19103 1.323649 kayal Glote inwrance Compary,15C Williaa S treet, b York, NY 10038 3.722762 5t. r t,1 I tre & Marine Ins. Co., 3er,,asrinqton 5t., St. Paul, MN 55102 4.109929 a
Seabo,ird Suret y Co., 9C William St.. % York, NY 10C38
.330912 5 tate f arm Tire a Casaalty Comann 112 East Washington 5t., Bloomington, IL 61701
.827230 Transamerica Insurance Co., 1150 50. Olive St., los Anceles, CA 90015
.661824 Trav,,lers Indemn i t y Ccmpany, T h, r.ne ' ower Square. Hartford, CT 06115 11.333741 unt tM 5tates F uelity and Guarart s Cv, P.O. Bon !!39, Baltimore, MD 21203 9.430997 no ted States f;re Insuram e (n., %f nan Ave. at Carfirld Rd, Morristown, NJ 07360 2.9782C1
ur u b Imurence Co.,111 Wes t Jaason Clvd., Cnic33c, IL 60604
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r' ADVANCE PREMIUM ENDORSEMENT and STANDARD PREMIUM ENDORSEMENT Calendar Year 1978 1.
ADVANCE PREMIUM It is agreed that the Advance Premium due the companies for the calendar year designated above is $ 50,400.00 2.
STANDARD PREMIUM AND RESERVE PREMIUM 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 and Reserve Premium are:
Standard Premium
$ 50,400.00 Reserve Premium
$ 37,629.00 Effective Date of To form a part this Endorsement January 1,1978 of Policy No, MF-26 Issued to Yankee Atomic Electric Company Date of Issue January 10,1978 For the Subscribing Companies MUTUA T
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GLIA TY ERWRITERS
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Endorsement No.
70 Countersigned by 1.,5,,...,. W.i!. Vr-AtffRGlI2ED REPRESENTATIVE s
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SEP 2 21978 i
I Docket No.(s) 50-29
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Agreement No.
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Yankee Atomic E ctric Company ATTN: Mr. R.
. Fitzgerald N.,
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Trea rer 20 Turnpi Road Westbor gh, Massachusetts 01 581 Gentlemen:
We are presently reviewing our files and note that the following endorsements to your nuclear liability insurance policies have r,ot been received:
e Advance Premium Endorsement and Standard Premium and Reserve Premium Endorsement Calendar Year 1978.
(
) ANI
(
) MAELU In addition, we have not received the following endorsements and
~
signed copies of the following indemnity agreements or amendments thereto:
/
J Endorsement Nos. 66", 68. 69 to MF-26 and 82/ 83 'to NF-76 We would appreciate your providing us with this information as soon as possible.
If you have any questions, please do not hesitate to contact us.
Sincerely.
ay Ira'initI,IndemnitySpecialist D
Antitrust & Indemnity Group Nuclear Reactor Regulation
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Telephone 617 360-9011 T95 l
7 tO - 3 9 0 -t.'3 9 YANKEE ATOMIC ELECTRIC COMPANY
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20 Turnpike Road Westborough; Massachusetts 01581 x
i July 22, 1977 Office of Anti Trust and Indemnity Nuclear Reactor hegulations Nuclear Regulatory Commission Washington, D.C. 20555 Attention - Mr. Jerome Salz=en, Deputy Chief
Dear Mr. Saltman:
We enclose for your fiIes eight certified copies each of the following endorsements for Nuclear Energy Liability Insuranc$ Association and Mutual /ttomic Energy Liability Underwriters.
End. No.
End. No.
NELIA l'AEIU 82 To increase Limit of Liability 68 83 Amendment of 1977 Advance Premium 69 Very truly yours Y/JIKEE AICMIC ELECTRIC COMPN Y J. C. Nesuitt Assistant Treasurer cc:
D. E. Rose A. R. Soucy f
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Nuclear En' orgy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION r.-
INCREASE OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that:
1.
The limit of liability stated in Item 4 of the declarations as amended by Endorsement No. 76, Amendment of Limit of Lia-bility Endorsement, is further amended to read $108,500,000.00.
This amended limit applies with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused, during the period from the effective date of this endorsement to the date of termination of the policy, by the nuclear energy hazard.
2.
The limit of liability stated in Item 4 of the declarations, the limit of liability stated in Endorsement No. 76, and the amended limit of liability stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective date of this endorsement for any loss or expense-covered by the policy shall reduce by the amount of such payment the limit of liability stated in Item 4 of the declarations, the limit of liability stated'in Endorsement No. 76, and the amended limit of liability stated in paragraph 1 above, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.
C Effective Date of this Endorsement _. _.__.]I^Y I 1977 To form a part of Policy No~'
NF-76 12:01 A.M. Standard Time
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Y Issued to
_ _ imkee Atomic Electric Co.
Date of issue. _jISY_9., 1977 For the su scribing co pames y
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General Manager Endorsement No 82 Countersigned by J
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Nuclear Energy Liability Insdrance p-NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1977 It is agreed that Items la. and Ib. of Endorsement.No. 80 are amended to read:
la. ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
149,615.30 lb.
STANDARD PREMIUM AND RESERVE PREMIUM:
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: $
111.382.63 Additional Premium $6,240.30 Ef fective Date of
!his Endorsement
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To form a part of Policy No NF-76 issued to Yankee _ A' Ani_c Flec.tric Co.
Date of issue May 9, 1977 For the su icribing co panies By _
~6eneral Manager Endorsement No 8.3-Countersigned by_foa_
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AMENDMENT OF ADVANCE PHEMIUM ENDOICEMENT 2.
STANDARD PREMIUM AND RESERVE PREMIUM ENDORSEMENT 3.
ADDITIONA1, PREMIUM DUE 1.
Advance Premium it is agreed that the Amended Advance Premium due the companies for the calendar year 1977 is
$43,436.70 2.
Ctandard Premium and Reserve Premiwn Subject to the provisions of the Industry Credit Rating Plan, it la agreed that the Standard Premium and heserve Premium for the calendar year designated above are:
Standard Premium
$43,436.70 Reserve Premium
$32,336.89 a
3.
Additional Premium-Due $1,811.70 Effective Date of To for MF-26 this Endorsement January 1, 1977 of Poh,m a part ey No.
Yankee Atomic Electric Company Date o,f Issue _
Riy. 23L _19.77 For the S :bscribing Companies 0
M UTUA TO IIC PfERGY I[11BILITI UNDER\\VRITERS c.
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Eniiersement ' No. -_62._.._ _ __
Countersgned by
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e" INCRf:ASE OF LIMIT OF l.l AHILITY ENDORSF.MI:NT
( A f t e r P r io r i nc reases )
It is agreed that:
1.
The li mi t of liability stated in item 4 of the decla ra t ions as amended by Inc reese of Li abi l it y Endorsement. Numbers 18,27,41,53 & 57 is further amended to read $ 31,500,000 This amended limit applies wi t h respec t to obligations assumed o r expenses incurred because of bodily injury or prope rty damage caused, during the period f rom the effective date of this endorsement to the date of termina tion o f t he polley,.by the nuclear ene rev hazard.
2.
The original 1imit of ILability stated in item 4 of the dec l a ra t ions, the 11mg of liability st at ed in Increase of Limit of Liabil it y 1:ndorsement Numbers 8*
41,53,6 57and the amended limi t of liability stated in paragraph 1 above shall not be cumulative, and each payment made by the companies after the effective l
date of t his endorsement for any loss or expense cove red by the policy shall reduce by the amount of such payment the limit of liability originally s tated in item 4 of the decla rat ions, the amended limi t of l iab i l i t y stated in the Inc rease of Limit of Liability Endorsement Numbers 18,27,41,53 6 57 and the amended limit of liability stat ed in paragraph I above, regardless of which limit ot liability applies wit'h respect to the bodily in j ury or p rope rty damage of which such loss or expenses arises.
out Effective Date of May 1, 1977 To form a part MF-25 this Endorsement ___ _ __ _.
of Policy No.
Issued to __ Xanlcce A rnmi c Fl rict ric_.CQmp3Dy Date of Issu, ay 2ln G_U For the Subscribing Companies M UTUAL OM C E LI 1.lT NDERWRITERS lly. -
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Endorsement No.. _ _ 68
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Countersigned b5 N
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AUTHOUZED RarauswiAnya
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