ML20209H625

Forwards Endorsements 91 & 92 to Nelia Policy NF-220 & Endorsements 79 & 80 to Maelu Policy MF-73

ML20209H625
Person / Time
Site:	Three Mile Island
Issue date:	09/03/1986
From:	Hoffman J MARSH & MCLENNAN, INC.
To:	Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8609150290
Download: ML20209H625 (5)

Text

. . . .

Marsh &

MGLennan M & M Nuclear Consultants 1221 Asenue of the Americas New York, New Tork 1[huO 1070 Telephone 112 997-2tXK)

September 3, 1986 Mr. Ira Dinitz State and Licensee Relations Office of State Programs U.S. Nuclear Regulatory Commission Washington, D.C. 20555 Re: Metropolitan Edison Company et al ANI/MAELU Policies NF-220/MF-73

Dear Ira,

Enclosed are certified copies of the recent restoration of limit and premium endorsements for the Three Mile Island Facility Form policies.

Regards,

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John Hoffman JH:cf ena.

cc: J. O'Marra D\

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Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT (Extraordinary Nuclear Occurence)

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. 88 has reduced by $567,231.24 all the stated limits of the companies' liability.

2. The current limit of the companies' liability, being the reduced limit in effect on June 30, 1986, is hereby restored by the sum of $567,231.24, 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 to 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 damage out of which such loss or expense arises.

This is to certify that this is a *; rue copy of the original Endorsement having the endorsement n ter ana being rade part of the Nuclear Energy Liability Polln (Facility Form) as des-ignated horeon. No Insurance a afforded hereunder.

s. W John L. Q-aL.d.i, Viee Prend.mt-Liability Underwri&g Amenean Nudent turnvrs Ef fective Date of this Endorsement July 1, 1986 To form a part of Policy No NF-220 12:01 A.M. Standard Time Iocued to Metropolitan Edison Company, Jersey Central Power & Light Company, Pennsylvania Electric Corporation and GPU Nuclear Corporapor"the subscribing companies D:te of Issue August ??. 1986 By General Manager Endorsement No 91 '

Countersigned by

Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1986 It is agreed that Items la. and Ib. of Endorsement No. 89 are amended to read:

la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 917.656.19 .

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 Credit Rating Plan, the Standard Premium is said Advance Premium and the Reserve Premium is: $ 695.093.70 .

Additional Premium: $ 775.00 .

This is to certify that this is a true copy of the original Endorsement having tl.e endorcenent nuder and being made part ol' the Nuclear Energy Liabilizy Policy (Facility Formi as deco ignated hereon. No Incuranco is afforded boroun r.

l l

1 Asner:caz NudearIrmrersJubn L. quttre Effective Date of January 1, 1986 12:o1 A.M. Standard Time * "Y issued to Motronolitan F('ison Company , Jersey Central Power & Light Company, Pennsylvania August 22, 1986 Electric Company and GPu Nuclear Corporation Date of issue _ For the su scribing co panies l

By A r 2.n.,. ..n...,

( Encorsement No 92 NE-36 Countersigned by

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT (Extraordinary Nuclear Occurence)

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. 88 has reduced by $164,680.04 all the stated limits of the companies' liability.

2. The current limit of the companies' liability, being the reduced limit in effect on June 30, 1986, is hereby restored by the sum of $164,680.04, 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 to 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 damage out of which such loss or expense arises.

This in to certify that this is a true copy of the originalor Endorsement having th . . pc d of the Nuclear Energy Lia >

(Facility

,g Fo// ) as des-ignated horeon. Uc Insurm m ,

Wm M"'"l#"* * '

Effective Date of Americaa Rxber this Endorsement July 1, 1986 To form a part of Policy No. M F-73 Issued to Metropolitan Edison Compan_y, Jersey Central Power & Light Company, Pennsylvania Electric Company and GPU Nuclear Corporation Date of Issue August 22, 1986 For the Subscribing Companies MUTUAL ATOMIC ENERGY LINIILITY UN RWRITERS Id ~

y .T . -__ -__

By n

Endorsement No. 79 '

Countersigned by Authorized Representative

NUCLEAlt ENICitG Y 1,lADILITY INSultANCE MUTUAL ATOMIC ENEllG Y LIABILITY UNDEllWRITERS 1.-

Amendment of Advance Premium Endorsement 2

Standa rd Premium and lleserve Premium Endo rsement

3. Additional Premium Due

1. Advance Premium It is agreed that the Amended Advance Premium due the companies for the calendar year 1986 is $ 266,416.31 .

2 Standard Premium and Reserve Premium Subject to the provisions of the Industry Credit Rating Plan, it is agreed that the Standard Premium and Reserve Premium for the calendar year designated above are:

Standard Premium $ 266,416.31 .

Reserve Premium S 201,801.40 ,

3. Additional Premium $ 225.00 ,

Effective Date of To form a part this endorsement January 1, 1986 of policy No. MF-73 Issued to Metropolitan Edison Company, Jersey Central Power & Light Company, Pennsylvania Electric Company and GPU Nuclear Corporation Date of Issue August 22, 1986 For the Subscribing Companies MUTUAL ATOM C ENERGY LIABILITY UNDERV'RITERS Endo rsement No. 80 By t N . (_-

/b,s,1 -

Counte rsigned by Authorized Representative This is to cortify that this is a true copy of the original Endorsement having the endorceaant n uber and being cado part

-36 of the Nuclear Energy Liability Policy (Facility Form) as des-ignated horeon. No Insuranco is afforded hereunder.

.T .

Asaenem Nuract Ir.rms

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