ML20210K993

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Forwards Endorsements 109 & 110 to Nelia Policy NF-164 & Endorsements 87 & 88 to Maelu Policy MF-44
ML20210K993
Person / Time
Site: Oyster Creek
Issue date: 03/26/1986
From: Farrell E
MARSH & MCLENNAN, INC.
To: Dinitz I
NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8604290137
Download: ML20210K993 (5)


Text

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Wiennan Marsh & Mci enncin,in(orporated 1221 Avenueof the Americas New Yak, New York 10020 Telephone 212 997-2000 March 26, 1986 Mr. Ira Dinitz State and Licensee Relations Office of State Programa Nuclear Regulatory Commission Washington, D.C. 20553 Re: Jersey Central Power & Light Company Nuclear Liability Insurance ANI/MAELU Policies NF-164/MF-44 Certified Endorsements

Dear Ira:

On behalf of our client, Jersey Central Power & Light Company, enclosed are certified copies of endorsements 109 and 110 to policy NF-164 and endorsements 87 and 88 to policy MF-44.

Sincerely, 0 $

sh %-s(AhLAS Elizabeth Farrell M&M Nucient Consultants ef enc.

()h 8604290137 860326 PDR l

d ADOCK 05000219 PDR

NUCLEAlt ENEl(G Y 1,tABILITY INSUl(ANCE MUTUAL ATOMIC ENERGY LIABILITY UNDEltWRITERS 1.

Amendment of Advance Premium Endorsement 2.

Standard Premium and Reserve Premium Endorsement

3. Additional Premium Duc
1. Advance Premium -

It is agreed that the Amended Advance Premium due the companies for the calendar year 1986 is $173.440.30 ,

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 _S173.440.30 .

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Reserve Premium $131,139.63 ,

3 Additional Premium $22.50' .

Effective Date of To form a part this endorsement January 1, 1986 of Policy No. MF-44 Issued to Jersey Central Power & Light Company Date of Issue __ March 18, 1986 For the Subscribing Companies MUTUAL ATO C ENERG Y LIABILITY UNDERV',RITERS By - M . t u)nI # i

[5A Endo rsement No. 88 Countersigned by Authorized Representative this la to certify that this la a true copy of the original orso m ming e.o endommt number and being made part 14E-36 of the Ecclear Energy Liability Polic7 gacility Form) an doc-Ignated, boren. No Incuranco its afford //. horounder.

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NUCLEAR ENERGY LIABILITY INSURANCE s n> e

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  1. o [! MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS "M4 n II

$ . *N O Restoration of Limit of Liability Endorsarent 44 7dO ,g oo an xu na gi g b .g It is agreed that:

oa xe "S3$ 1. Payments made ard expenses incurred by the ccTpanies urder this

.hyGD policy have reduced, in accordance with Condition 3 of the policy, es g Q [ the limits of the ccmpanies' liability stated in Item 4 of the 3g*g Declaraticus and in all Increase of Limit of Liability Endorscmnts.

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  1. o, The limit of liability stated in Endersamnt No. g3 ktlich has ,

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I been reduced is hereby restored to S 36.000.000.00 . 'Ihis restored limit applies only with respect to obligations asstmed O#w ,

or expenses incurred because of bodily injury or p1 W y damage C3ga caused by the nuclear energy hazard after the effective date of

$g g f .this ealorsemnt.

$ . 'Ihe limits of liability stated in the policy shall not be OM$4 tjeunulative. Each paynr_nt trade by the ccTpanies after the effective gM$3 ajdateofthisendorsementforanylossorexpensecoveredbythe o@ 3 zpolicy shall reduced by the amount of str_h payment every limit of 2y$j

% tb 3 $ liability, regardless of which limit et liability applies with l'3.

X loss or expense arises.Erespect to the bodily injury or prcperty damage out of Eficctive Date of January 1, 1986 To fosyn a pan this Endorsement - of Pohey No. 37_44 .-

Issued to Jersey Central Power & Light Company D1 e of Issu, March 18, 1986 For the Subscribing Companies MU}UAL ATOMIC ENERGY LIABILITY t ?DERWRITERS nr _Idk . b t.:fQ he h m. I e- -Ne emm w e,, . m m

.%urnecas so Es,assestative ME-22b

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.107 '

are amended to read:

la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 597,405.48 .

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: $ 451,703.16 .

Additional Premium: $'77.50 .

This is to cartify that thin to a true copy of the original Endorsement having the enderdement nunber and hoins cade part of the Nuclear Incr.;y Liabilit.y Policy (Facility Form) as dos-ignated hereon. No Insurance la afforded hereundor.

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.b% L 4 wei, \W Prtx%.Lieul:ty UrxlerwrEv Amencan Nudw burers Effective Date of ttus Endorsement January 1. 1986 .

To form a part of Policy No NF-164 12:01 A.M. Standard Time issued to Jersey Central Power 6 Licht Comnany Date of Issue March 18, 1986 - For the su beribing co panies By I

/r~ General Manager Endorsement No 110 Countersigned by NE-36

Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION i

l 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 lim.it of liability stated in Endorsement No.105 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 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.

This is to certify that thio is a true copy of the original Endorsement having the endorsement nusber r.nd boinc mado part of the Nuclear Energy Liability Pclicy D'a ility Pora) an des-ignstod horoon. No Insuranco is affn*V rundor. _

Ya John L QwtrmM.h Prmie*Liabihty Urdrwriting Amencan bud w Ir.ntm Effective Date of this Encorsement January 1, 1986 12:01 A.M. Ctandard Time To form a part of Policy No_ NF-164 issued to Jersey Central Power & Light Company Date of issue March 18, 1986 For the su scribing co panies By A lv~ General Manager Endorsement No 109 Countersigned by NE-22b

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