ML20155F388
| ML20155F388 | |
| Person / Time | |
|---|---|
| Site: | Crane  |
| Issue date: | 10/05/1988 |
| From: | Hoffman J MARSH & MCLENNAN, INC. |
| To: | Dinitz I NRC |
| References | |
| NUDOCS 8810130243 | |
| Download: ML20155F388 (5) | |
Text
'
Marsh &
Mgennan 1
M & M Nuclear Consultants
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1221 Menue of the Arnernas New iork, New York 10020-1011 Telephone 212 997-21n)
October 5, 1988 Mr. Ira Dinitz Insurance Liability Specialist Office of Nuclear Reactor Regulation Mail Stop 12E8 U.S. Nuclear Regulatory Commission Washington, DC 20555 Re: Three Mile Island Nuclear Station
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ANI/MAELU Policies NF-220/MF-73
Dear Ira,
On behalf of General Public Utilities and its operating companies, we enclose two certified copies each of the Restoration of Limit and Advance Premium endorsements for the above policies.
- Regards, i
John Hoffman J :ef JH enc.
cc:
J. O'M6rra, GPU 0130243 001005 g
ADOCK 05ooopg9 PNV
Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT (Extraordinary Nuclear Occurrence)
It is agreed that:
1.
In accordance with Condition 3 of the )olicy, payments made and 8S t?
expenses incurred by the companies the eunder, from and after the EE*I effective aate of Endorsement No. 106, has reduced by $763,522.03 Ed$j the stated limits of the companies' liability.
Ss$5x "sq 2.
The current limit of the companies' liability, being the reduced y o3g limit in effect on June 30, 1988, is hereby restored by the sum of g[;S
$763,522.03 but only with respect to obligations assumed or expenses incurred because of bodily injury or property damage l$gy
. /E' caused by the nuclear energy hazard due to an extraordinary nuclear c
s @ "g-ty c-i occurrence which happens during the period from the effective date 13 m 3 s' 5
of this endorsement to the date of termination of the policy and EgZ 8
arising out of the ownership, operation, maintenance or use of one w
@$ g3 / g or more of the two nuclear reactors situated at the location
[' j g x t g designated in Item 3 of the Declarations; provided, however, that
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such extraordinary nuclear occurrence is determined by the Nuclear E
a Regulatory Commission to be an "extraordinary nuclear occurrence" ag3 pursuant to the provisions of its regulations and the Atomic Energy y = 'j j k. e e
Act of 1954, as amended, and in effect on May 1, 1979.
auna S{$2;m'*O3.
i; The l'.inits of liability stated in the policy shall not be E*
cumulative.
Each payment made by the companies after the effective
@]E j L, Qj policy shall reduce by the amount of such payment every limit of a2 date of this endorsement for any loss or expense covered by the
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g E ;g 3z liability, regardless of which limit of liability applies with o
Say O g respect to the bodily injury or property damage out of which such
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loss or expense arises.
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?4 Effective Date of this Endorsement July 1. 1988 To form a part of Policy No NF-220 12:01 A.H. Standard Time tietropolitan Edison Company, Jersey Central Power & Light Company, Issued to Pennsv1vania Electric Comoany and GPU Nuclear Corporation "I
Date of Issue Seotember 28. 1988 l
By PRESIDENT Endorsement No 108 countersigned by
J Nuc!:ar Energy LI bility insuranca NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION l
ADVANCE HEi*IUti AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 It is agreed that Items 1 and 2 of Endorsement No.
107 are amended to read:
1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
947,002.00 2.
STANDARD PREMIUM AND RESEPVE PREMIV'4:
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:
717,396.00 Additional Premium:
1,349.00 This e to certify thct this is a true copy of the origina! Endorsement hanr.g tro (.ndorscrrcnt number arid being made part of the Cortificate of !nsuranco bearing the number designated hereon for insur&nce coverage undor the Nuclear Energy Liabilit /Po!<cy (Facility Workers Form). Na inc *anc i afforri. ! k
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John t.. Quat: 1 :hl.lciPresident-Und5, rhin 0 Amoncan Nuclear in1urers Effective Date of this Endorsement July 1, 1988 To form a part of Policy No NF-220 Metropolitan EYi' son Io"m* pan *y'," fe#rseyTentralPower&LightCompany.
Issued to Pennsylvania Electric Company and GPU Nuclear Corporation Date of Issue September 28, 1988 For the Subscribing Companies By__
'M:
PRESIDENT Endorsement No 109 countersigned by NE-36
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Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT (Extraordinary Nuclear Occurrence)
It is agreed that:
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E:
1.
In accordance with Condition 3 of the policy, payments made and
[ E 8 if expenses incurred by the companies thereunder, from and after the ed effective date of Endorsement No. 93, has reduced by $221,667.69 5 :2 g@ $
S the stated limits of the companies' liability.
x
.5 Gi jy 2.
The current limit of the companies' liability, being the reduced a
limit in effect on June 30, 1988, is hereby restored by the sum of
'g,g c -
$221,667.69 but only with respect to obligations assumed or 8&
ey#'
expenses incurred because of bodily injury or property damage BG caused by the nuclear energy hazard due to an extraordinary nuclear GE 9
ogisyg occurrence which happens during the period from the effective date g
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of this endorsement to the date of termination of the policy and x
arising out of the ownership, operation, maintenance or use of one xt i
or more of the two nuclear reactors situated at the location g@ $,h ]
3 designated in Item 3 of the Declarations; provided, however, that j.5g
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such extraordinary nuclear occurrence is determined by the Nuclear c
3g Regulatory Comission to be an "extraordinary nuclear occurrence" c,gS%
a$
m e
pursuant to the provisions of its regulations and the Atomic Energy
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Act of 1954, as amended, and in effect on May 1, 1979.
e a& a 'g G E aE2c 3.
The limits of liability stated in the policy shall not be
- $j K kj cumulative. Each payment made by the corrpanies after the effective 5 gap;E i,.] zg date of this endorsement for any loss or expense covered by the u oga policy shall reduce by the amount of such payment every limit of O
L 50 g, z g
liability, regardless of which limit of liability applies with
" y j g g. j g E
respect to the bodily injury or property damage out of which such 3g;g3.g loss or expense arises.
H c o a u.
Effective Date of To fona a part this Endorsement July 1, 1988 of Policy No MF-73 12:01 A.M. Standard Time Issu:d to Metropolitan Edison Company, Jersey Central Power & Light Company, Pennsylvania Electric Company and GPU Nuclear Corporation j
Date of Issue September 28. 1988 For die Subscribing Companies j
MUTUAL ATONIC ENERCT LIABILITT UNDERWRITERS By
'T.
y n m Endorsement No 95 C ""'i8"'
I Authorized Representative
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT cal.ENDAR YEAR 1988 It is agreed that Items 1 and 2 of Endorsement No.
94 are amended to read:
1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
274.936.00 2.
STANDARD PREMIUM AND RESERVE PREMIUM:
In the absence of a change in the Advance Premium indi::ated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Pretnium and the Reserve Premium is:
208.276.00 Additional Premium:
392.00 The a to certify that this is a true copy of the original Endorsement havirig the endorsement nurnber and being mada part of the Certificato of Insuranco bearing the number designated he on for insurance co.orage under t e Nuclear Energy Lla' llity P y (facility Workers e
Form). No insuiai o is afforded re d b d
.T John L Ouattroc.1 Ace rre.st t-Und c'wr n a American Nuctoar insurers Effective Date of this Endorsement July 1, 1988 To form a part of Policy No.
MF-Q,
12:01 A.fi. Standard Time Issued to tietropolitan Edison Company. Jersey Central Power LLicht cnenanv.
Pennsylvania Electric Company and GPU Nuclear Corporation
~
Dats of Issue September 28, 1988 For the Subscribing Corspanies MUTUAL ATOMIC ENERGY LIABILITY UNDFRWRITERS b
Sy
.W. C - N - 41 '
Endorsement No.
96 Countersigned by Authorised Representative