ML20151H865

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Forwards Endorsements 126 & 127 to Nelia Policy NF-164 & Endorsements 103 & 104 to Maelu Policy MF-44
ML20151H865
Person / Time
Site: Oyster Creek
Issue date: 04/11/1988
From: Farrell E
MARSH & MCLENNAN, INC.
To: Dinitz I
Office of Nuclear Reactor Regulation
References
NUDOCS 8804200568
Download: ML20151H865 (9)


Text

'

Marsh &

MGlennan _

Al & M Nudcar Consultants 1221 Awn re c>t the Americ as two iosk. %w hirk 1W201070 1riephone 21; W Jtuw)

April ll, 1988 Mr. Ira Dinitz Office of Nuclear Reactor Regulation Ma-1 Stop 128 U.S. Nuclear Regulatory Commission k'ashington , DC 20555 Re: Jersey Central Power & Light Company

Dear Mr. Dinitz:

Enclosed are certified copies of the following for the captioned:

Policy No. Endorsement No.

NF-164 126 127 FE-44 103 104.

Sincerely.

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$p El'izabeth Farrell M&M Nuclear Consultants l

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Nuclear Energy Liability insurance NUCLEAll ENERGY LIAINLITY INSURANCE ASSOCIATION i

RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that: '

1. Payments made anti expenses incurred by the companies under this policy have reduced, in accordance with Condition 3 of the policy, the limits of the companies' liability stated in Item 4 of the Declarations and in all Increase of Limit of Liability Endorsements.
2. The limit of liability stated in Endorsement No. 122 which has been reduced is hereby restored to $ 124,000,000.00 . This restored limit applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard on or after the effective date of this endorsement.
3. The limits of liability stated in the policy shall not be cumulative.

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 every limit of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises. -

Thb a to cer:1; tlat ihk i. a inn mr/ of th: criqind 8.e .mm r.t Lrha the e sscrrtn: numba and Leina trAle prt of the Neckn Eragv Lir1My P&v (Fac)) / Fem) as da-in teJ . mn t h !cm cc M ++d# rnader, e s N

.!h.n L Q . uh, h e NC.m &A % Uw m 2 Amican th ku Iwcu Effective Date of this Endorsement January 1, 1988 To form a part of Policy No NF-164 12:01 A.M. Standard Time Issued to Jersey Central Power & Light Company

.1 Date of Issue April 1, 1988 For the Subperibing companies l

a By __

. ' , ' T-General Manager Endorsement No 126 Countersigned by NE-22b l

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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIAELITY INhURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 It is agreed that Items 1 and 2 of Endorsement No. 124 are amended to read:

1. ADVANCE PREMIUM: It is agreed tnat the Advance Premium due the companies for the period designated above is: $ 640,173.00 .
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 Standatd Premium is said Advance Pre:nium and the Reserve Prerr.ium is: $ 484,206.00 .

Additional Premium: $ 78.00 .

Tha is to cert:fj that this is a true co; / cf the original Endorsemtnt r.x.+>3 the endormrmnt nnn.ber anJ bero rnad.: pat of tiu Nu&n Enersej Lic.bli v Mcy tFx.i.ty ~ :rm) as da kn.awd14r, n Na in:trwe 4 afh r t d lwr nder.

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Ef fective Date of this Endorsement _ January 1, 1988 _To form a part of Policy No NF-164 12:01 A.M. Standard Time Issu:d to Jersey Central Power & Light Company Date of Issue Apr il 1,1988 For the Subscribing Companies By NY-General Manager Endorsement No 127 Countersigned by NE 36

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that:

1. Payments made and expenses incurred by the companies under this policy have reduced, in accordance with Condition 3 of the policy, the limits of the companies' liability stated in Item 4 of the Declarations and in all Increase of Limit of Liability Endorsements.
2. The limit of liability stated in Endorsement No. 99 which has been reduced is hereby restored to $ 36,000,000.00 . This restored limit applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard on or after the effective date of this endorsement.
3. The limits of liability stated in the policy shall not be cumulative.

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 annount of such payment every limit of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.

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Effective Date of this Endorsement January 1, 1988 To form a part of Policy No, Mf*44 Issued to Jersey Central Power & Light Company Date of Issue April 1, 1988 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITT UND[RWRITYRS A

By .N . - e Li ~

Endorsement No. 103 N h countersigned by ME-22b Authorized Representative

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENEROY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 It is agreed that Items 1 and 2 of Endorseaent No. _ 101 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above i t,: $ 185,857.00 .
2. STANDARD PREMIUM AND RESERVE PREM!UM: In the absence of a change in the Advance Premium indicated above, it is agreed thate subject to the provisions of the Industry Credit Rating

\

Plan, the Standard Premium is said Advance Premium and the Reserve Premium is: $ 140.576.00 ,

Additional Premium: $ 23.00 .

TUs m to cer#g that t% b o true ctp/ of the orighu' Endanment hmng the c:.dc esanent nurar and tving rnode prt d :he W.!c v D og UcN.tv Pchy (Fa:7 s Form) as des-i n,'.n1 h cua.!h heu:"  :- '

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Effective Date of i

this Endorsement January 1, 1988 To form a part of Policy No. MP-44 Issued to Jersey Central Power & Light Company Date of Issue April 1,1988 For the Subscribing companies MUTUAL ATOMIC ENERCY LIABILITY UNDJRWRITERS 3 g By .W M N __ - _

I4 ~

l Endorsement No. 104 countersigned by Authortred Representative

Nuclear Energy Liability insurance NUCLSAR ENERGY LIABLITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that:

1. P)yments made and expenses incurred by the e,ompanies unaer this policy have reduced. in accordance with Condition 3 of the policy, the limits >

of the compan &:' liability stated in Item 4 of the Declarations and in til Increate of Limit of Liability Endorsements.

2. The limit of liability stated in Endorsement No. 122 which has been redused is hereby restored to $ 124,000.000. F " 7 This restored limit applies only with respect to obligations assumed or '

expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard on or after the effective date of this endorsement.

3. The limits of liability stated in the policy shall not be cumulative.

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 every limit of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises. i TM is to ce.rth thr. tNs is co;vs of the crQind Endencment havim the me, rcent urc.ber :.nd ing m.de p;st of the Ndear Ereef t W't i cv (Feci'A/ Fo m) as des-iy.ated i reon. fic. im ur.ve, ude i g cander.

  • 4 Ah .L c, ah.wehme^4t ,y L . 1 Amun h a h5 men Effective Date of this Endorsement January 1, 1988 To form a part of Policy No NF-164 12:01 A.M. Standard Time Issued to Jersey Central Power & Light Company Dote of Issue April 1, 1988 For the Subscribing companies By '

.. . - C-General Manager Endorsement No 126 Countersigned by NE-22b

Nuctrar Energy Licbility Insuranca NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 It is agreed that Items 1 and 2 of Endorsement No. 124 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 640,173.00 .
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 is said Advance Premium and the Reserve Premium is: $ 484,206.00 .

Additional Premium: $ 78.00 .

Thir. is to certity that this is, a true copy of the ongnM Endersement hcAire tbc cndorsement numb.n and being maje part of tbc Nuclear Enctgy Liabdity Po' icy (FaciSyf Fcrm) as de -

ignated ht een. Ne> Insurang is 7 "~M F//gnJer.

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chi, vu Pmeu tcb+.:y Ur&. , .a. 2 Ammam tMa: Ersress Effective Date of this Endorsement January 1, 1988 To form a part of Policy No NF-164 12:01 A.M. Standard Time Issusd to Jersey Central Power & Light Company Date of Issue April 1,1988 For the Subscribing Companies By We General Manager Endorsement No 127 Countersigned by NE-36

s .

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that:

1.

Payments made and expenses incurred by the companies under this policy have reduced, in accordance with Condition 3 of the policy, the limits of the' companies' liability stated in J+em 4 of the Declarations and in all Increase of Limit of Liability Endorsements.

2. The limit of liability stated in Endorsement No. 99 which has been reduced is hereby restored to $ 36,000,000.00 . This restored limit applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard on or after the effective date of this endorsement.
3. The limits of liability stated in the policy'shall not be cumulative.

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 every limit of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.

l This is to certily tlut thm is a true ccpv of the origina:

Endcrament lair.g the endctwment numbn cr.d being r.nade past cf the Nedn - Erargy Lia!;ihty Pc!;ct;(Facittgenu) as des-bycted h. on. No hur:nc

's nU~d-i N//ander.

S, Jehn L- Qe,:n ha N ra i&nt !MJ w M.de 3 Ameran Nubt insaro s i

Effective Date of this Endorsement January 1, 1988 To form a part of Policy No. MF- 44 Issued to Jersey Central Power & Light Company l Date of Issue April 1, 1988 l

For the Subscribing Companies l

MUTUAL ATOMIC ENERGY LIABILITY M RWRITERS By .N . '

__m_Y C

%) h Endorsement No. 103 countersigned by ME-22b Authorized Representative

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 It is agreed that Items 1 and 2 of Endorsement No. 101 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 185,857.00 .
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 is said Advance Premium and the Reserve Premium is: $. 140,576.00 ,

Additional Premium: $ 23.00 .

Thi3 is to certify that thie. i3 a true copy of the origitul Endorsemc nt hwitw the er.dorwnznt number and bMng mak part r

of the Neck,r ignated ha t Er.crgy UW:tv Po' icy (Faci:ity j)ami as des-

7. f b Insu:ance : affe+1 her//ider.

Jch, t_ or.m

, vu prcent u t co twice - 3 Arrer c:n Tiuckar M3urers Effective Date of this Endorsement January 1, 1988 To form a part of Policy No. MF-44 Issued to Jersey Central Power & Light Company l

! Date of Issue April 1, 1988 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND RWRITERS By .A , 6-- _$fA ' -

Endorsement No. 104 _

countersigned by Authorized Representative

__ ._ ,