ML20206S127

Forwards Endorsements 95 & 96 to Nelia Policy NF-220 & Endorsements 82 & 83 to Maelu Policy MF-73

ML20206S127
Person / Time
Site:	Oyster Creek
Issue date:	04/16/1987
From:	Farrell E MARSH & MCLENNAN, INC.
To:	Dinitz I Office of Nuclear Reactor Regulation
References
NUDOCS 8704220339
Download: ML20206S127 (5)

Text

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giennan M & M Nudear Consultants 1221 Asenueok the Americas New York, New York 10020-1070 Telephone 212 997-2000 April 16, 1987 Mr. Ira Dinitz Office of Nuclear Reactor Regulation Mail Stop 128 U.S. Nuclear Regulatory Commission Washington, D.C. 20555

Dear Mr. Dinitz:

Enclosed are certified copies of endorsements no. 95 and 96 for ANI Dolicy No. NF-220 and endorsements no. 82 and 83 for MAELU Policy No. MF-73 for Metropolitan Edison Company.

l Sincerely, f/ D &

Elizabeth Farrell M&M Nuclear Consultants enc.

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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION i

RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT (Extraordinary Nuclear Occurrence)

It is agreed that:

i 1. In accordance with Condition 3 of the policy, payments made and expenses i incurred by the companies' thereunder, from and after the effective date of Endorsement No. 91 has reduced by $932,930.07 all the stated limits of the companies' liability.

2. The current limit of the companies' liability, being the reduced limit in effect on December 31, 1986, is hereby restored by the sum of $932,930.07 l

but only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard due to an extraordinary nuclear occurence which happens during the period from the effective date of this endorsement to the date of termination of the policy and arising out of the ownership, operation, maintenance or use of one or more of the two nuclear reactors situated at the location designated in Item 3 of the Declarations; provided, however, that such extraordinary nuclear occurence is determined by the Nuclear Regulatory Commission to be an " extraordinary nuclear occurence" pursuant to the provisions of its regulations and the Atomic Energy Act of 1954, as aniended, and in effect on May 1, 1979.

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 of applies which such loss or with expense respect to arises. theis b,odily to ce in g g r,og rty g ge g nuer and being rnade part )

cf the Nuc! car Energy ljabdity Policy (Facility Form) as des-ignated 'reon. No insurance is afforded ccunder.

Effective Date of .1- -I4'3 this Endorsement January 1. 1987 John L 4 - occhu a Pn r v -d AmeredT MfdYET part of Policy No NF-220 12:01 A.M. Standard Time Issusd to_ Metropolitan Edison Company, Jersey Central Power & Light Ccmpany, Pennsylvania Electric Company and GPU Nuclear Corporation Date of Issue April 6, 1987 For the Subs 6ribing Companies By h General Manager Endorsement No 95 Countersigned by

Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1987 It is agreed that Items 1 and 2 of Endorsement No. 93 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 872,673.00 .

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: $ 6GO,907.00 .

Addjtiona1 Praniun: S1,549.75 .

This is to certih> that this is a true copy ct' tne ods nal Endorserncnt luvina the endorsernent number and being made part of the Nucicar Encray Liability Policy (Fo W:y Form) as dea-ignated hereon. No insurance is afforde :ereunder.

John L +c68udIw .ML Americ ' ' dear insurers

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Effective Date of ,

this Endorsement January 1, 1987 To form a part of Policy No NF-220 12:01 A.M. Standard Time l

Issued to Metropolitan Edison Company, Jersey Central Power & Light Company, Pennsylvania l Electric Company and GPU Nuclear Corporation Date of Issue April 6, 1987 For th'e subscribing companies 1

By Ceneral Manager Endorsement No 96 Countersigned by NE-36 I

NITCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS RESTORATION OF LIMIT OF LIABILITY END0RSEMENT (Extraordinary Nuclear Occurrence)

It is agreed that:

1. In accordance with Condition 3 of the policy, payments made and expenses incurred by the companies' thereunder, from and after the effective date of Endorsement No. 79 has reduced by $270,850.67 all the stated limits of the companies' liability.

2. The current limit of the companies' liability, being the reduced limit in effect on December 31, 1986, is hereby restored by the sum of $270,850.67 but only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard due to an extraordinary nuclear occurence which happens during the period from the effective date of this endorsement to the date of termination of the policy and arising out of the ownership, operation, maintenance or use of one or more of the two nuclear reactors situated at the location designated in Item 3 of the Declarations; provided, however, that such extraordinary nuclear occurence is determined by the Nuclear Regulatory Commission to be an " extraordinary nuclear occurence" pursuant to the provisions of its regulations and the Atomic Energy Act of 1954, as amended, and in effect on May 1, 1979.

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 of which such loss or expenggarbewy that thsis a true copy e tra enwnjamage out Endesement havira the endorw rsnt r.emNr pr.d M, a de M of the luder Enecay Liability Potcy (Fg.ity I-orm) as des-

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ianmemeegr.s g, . *rocchi, Vice President &bety UncierwntM Effective Date of American Nudur Inswa this Endorsement . January 1.1987 To form a part of Policy No. MF-73 Issued to Metropolitan Edison Company, Jersey Central Power 8: Lirht Company. Pennsylvania Electric Company and GPU Nuclear Corporation Date of Issue April 6, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND RWRITERS

.T , M By - FA ~

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~h Endorsement No. 82 countersigned by Authorized Representative

4 NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1987 It is agreed that Items 1 and 2 of Endorsement No. 81 are amended to read:

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 253.357.00 .

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: $ 191.876.00 .

. Additional'Prcmium: $450.25 .

This is to certify that this is a true copy of the or:ginal Endorsement hating the endorsement number and being made part of the Nuclear Energy Liabdity Pe!!cy (Faci" y Form) as des-ignated i rcon. No Insurance is afforded ' reunder.

John L Qt ' xchi. Vcc kres.snr Laoity in Amencan Nuvear losurtra Ef fective Date of this Endorsement January 1, 1987 To form a part of Policy flo. MF-73 Issued to Metropolitan Edison Company, Jersey Central Power & Light Canpany, Pennsylvania Electric Cuup1ny and GPU Nuclear Corporation Date of Issuc April 6, 1987 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND.RWR[TERS By .R , y Endorsement flo . 83 countersigned by ME-36 Authorized Representative