ML20214T554

Forwards Nelia Secondary Financial Protection Certificate N-111 & Maelu Certificate M-111

ML20214T554
Person / Time
Site:	Hatch
Issue date:	11/26/1986
From:	Oconnor D MARSH & MCLENNAN, INC.
To:	Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8612080630
Download: ML20214T554 (16)

Text

{{#Wiki_filter:Marsh & MElennan M & M Nudear Consc:tants 1221 Avenueof the Americas New York, New York 10020-1070 Telephone 212 997-2000 November 26, 1986 Mr. Ira Dinitz State and Licensee Regulations Office of State Programs U.S. Nuclear Regulatory Commission Washington, D.C. 20555 Re: Georgia Power Company Secondary Financial Protection Certificates Policies N-lll/M-lll

Dear Mr. Dinitz:

Enclosed please find two certified copies each of the captioned certificates. If you have any questions, please don't hesitate to call. Sincerely, / David J. O'Connor, Jr. Nuclear Consultant DJ0:ef enc. cc: C. Whatley J. Collins J. Hoffman 8612090630 861126 j PDR ADOCK 05000321 g, J PDR L 'l

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION TMS IS TO CERTWY THAT THIS IS A TRUE COPY OF THE ORIG NAL CElinFICATE. DEARING THE NUMBES DESIGNATED HEREON, R IN$URANCE C0VERAGEUNDEA THE MASTER UCV-NUCLEARENERGY Certificate No. N III tfASIL NSURANGE (SECONDARY FWA AL FROTECTIOff). NO WS I ] -. - Forming Part of Master VIC6 PR DENT UA81UTY URGERWETL4G Policy No. 1 AMEUCAR NW.LEARIMSW9EAS CERTIFICATE OF INSURANCE DECLARATIONS AND BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Certificate of Insurance This is to certify that the persons and organizations designated in Item 1 of the Declarations are* named insureds under the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master' Policy", issued by Nuclear Energy Liability Insurance Association. Such insurance as is provided by'the Master Policy applies, through this certificate, only: (a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary financial protection ~ described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the ' Declarations, and NSFC-1 (1/1/83) Pace 1

(3) which is discovered and for which written claim is made against the _ insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations. However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subparagraph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not la'ter than twenty years after the date of the extraordinary nuclear occurrence. Declarations Item 1. Named insureds and addresses: (a) Georgia Power Company, 260 Peachtree Street, Atlanta, Georgia 30302 (b) Oglethorpe Power Corporation, 2100 Exchange Plac'd, P.O. Box 1349. Tucker, Georgia 30085-1349 (c) Hunicipal Electric Authority of Georgia, 100 Peachtree Street, Suite 700, Atlanta, Georgia 30303 (d) City of Dalton, Georgia, Dalton Water and Light Commission, P.O. Box 869, Item 2. Additional insureds: Dalton, Georgia 30720 Any other person or orgar3 zation who would be insured under the 1 primary financial pro'tection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection. l Item 3. Description and location of nuclear reactor: Unit 1 of the Alvin W. Vogtle Nuclear Plant located in Burke County, Georgia. Item 4. (a) Identification of primary financial protection applicable to the nuclear reactor and limit (s) of ifability thereof: Nuclear Energy Liability Insurance Association's Policy NF-302 $124.000,000 Mutual Atomic Energy Liability Underwriters' Policy MF- $ 36,000,000 Page 2 of Certificate No. N-ill

(b) The following endorsements, attached to the primary financial orotection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through this certificate as though they were attached hereto: (1) Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrer.ce)and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows: No Exceptions Item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy. Item 6. Certificate Period: Beginning at the same time and date that the Facility Operating License issued by the United States Nuclear Regulatory Commission for the reactor described in' Item 3 of this certificate becomes effective and continuing to the effective date and time of cancellatior. or termination of the Master Policy or this certificata, whichever first occurs, eastern standard time. Item 7. Maximum ntrospective premium (exclusive of allowance for premium taxes) pa3able pursuant to Condit;on 2 of the Master Policy with respect to each nuclear incident: $3,875,000. Item 8. Portion of the annual premium payable for the companies' contingent liability described in Condition 4 of the Master Policy from the effective date hereof to the end of calendar year 1986 : The pro rata portion of $5,812.50 for the period from the effective date of this certificate to the end of the calendar year during which such effective date occurs. Page 3 of Certificate No. N 111

BOND FOR PAYMENT OF RETROSPECTIVE PREMIUMS Know All Men By These Presents, that the undersigned do he.eb'y ac'nowledge K that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Nuclear Energy Liability Insurance Association subscribing the Master Policy (hereinafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date pay-ment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the compani'es shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original. Pana 4 of cortifica ta No. N-111

The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums l and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy. IN WITilESS WHEREOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective as of the time and date of the inception of the Certificate period. Attest or Witness Named Insureds: Georgia Power Company (Named Insured - Type or Print) AP)vid By m (, @ k exk (SEAL) h / Mi nature of Officer) ames P. O'Reilly Senior Vice President, clear Operations (Type or Print Name & Title of Officer) Date: U 3.198 C nntehneno Pnwer Corocration (Named Insur - Type or Print) lML0.~ X XO By f y (/ 0 (Signature ofiffice F. F. Stacy President and Chief Exceutive Officer (Type or Print flame & Title of Officer) Date: COIG Y; i98/ Monicinal Electric Authority of Georgia 1 nsured - Type, r Print)

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/ hi_1 ~~ 'ld./-< G auAu: B' (SEAL) e ~ ignature of dfficer) Progidont and General Manage (Type orfrint Name & Title of Officer) Muu 4/; /h7h Date: /W: Pace 5 of Certifica.te f;o.!!- 111

Attest.or Witness Named Insureds: Ci ty of Dalton,- Georgia (Named Insured - Type or~ Print) [C A Naj #222 ByMM8M (SEAL) -(Signature of Officer) (Type or Print' Name & Title of Officer). Date: 1 (Named Insured - Type or Print) By (SEAL) (Signature of Officer) (Type or Print Name & Title of-Officer) Date: (Named Insured - Type or Print) By (SEAL) (SignatureofOfficer) (Type or Print Name & Title of.0fficer) Date: t' (Named Insured - Type or Print) By (SEAL) (Signature of Officer) 4 (Type or Print Name & Title of Officer) Date: Pa9e 6 of Certificate No.N-111

e IN WITNESS WHERE0F, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by the President of Nuclear Energy Liability Insurance Association to be effective as of the time and date of the inception of the Certificate period, and countersigned below by a duly authorized representa tive. Attest or Witness For the Subscribing Companies of NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION .D. 5 A Y T / ' ' ~ By: f 'A Burt C. Proom, President MARSH & McLENNAN, INC. Counters 1_'ned by ( m -M 4 M (Authorized Representative) ' 133 PEACHTREE ST., N.E. ATLANTA, GEORGIA 30303 l l i Page 7 of Certificate No. N ill

4 ..,,4 - Actna Casualty & Surety Co. 10.109373% Affiliated F M Insurance Co. .288839% Allianz Insurance Company 1.540476% Allstate Insurance Company 5.391666% American Home Assurance Co. 1.010937% Connecticut Indemnity Co., The .481399% Continental Casualty Company 5.199107% Continental Insurance Company 8.905876% Federal Insurance. Company 1.925595% Fireman's Fund Insurance Co. 3.080952% Gen Accident Ins. Co. of Amer. 1.540476% General Ins. Co. of America 1.925595% Hanover Insurance Company .577679% Hartford Accid.& Indemnity Co. 8.183778% Hartford Steam Blr.Insp & Ins .673958% Highlands Insurance company .385119% Home Indemnity Company 1.444196% Ins. Co. of North America 5.584226% Motors Insurance Corporation .192560% Ohio casualty Insurance Co. .192560% Pacific Indemnity Company .577679% Protective Insurance Company .096280% Providence Washington Ins. Co. .192560% Reliance Insurance Company 1.155357% Royal Ins. Co. of America 4.043750% St Paul Fire & Marine Ins Co. 5.838403% Seaboard Surety Company .192560% State Farm Fire & Casualty Co. .962798% Transamerica Insurance Co. .962798% Travelers Indemnity Company 12.516367% U.S. Fidelity & Guaranty Co. 9.627974% U.S. Fire Insurance Company 3.562351% Universal Underwriters Ins Co. .192560% Zurich Insurance Company 1.444196% HE-86 ---r--

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IPist)RANCE CO.VER AGE V40!R THE rA ASTf Fig lCY - NUCLEAR ENEGGY Certi fica te 'No. ' N111 . tragit Y INsdRA'4CE (SMONDARY.RnA IA JROTECTION). H0 insu E us Forming Part of !! aster JCMH JATTROCCHI y.,.E 9t[81 !ENT.LIABILtTY UNDERVIRITINu-Policy fio-I AMEfdCAft NUCLEAR INSUREh5 CERTIFICATE OF IllSURAtlCE 1 DECLARATI0flS AtlD B0!iD FOR PAYMENT OF RETROSPECTIVE ?kEM!UMS x. , Certificate of Insurance This is to certify that th[ persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy - fluclear Energy Liability Insurance (Secondary Financial Protection),herein . called the " Master Policy", issued by Mutual Atomic Eneray Liability . Underwriters. Such insurance as is provided by the Master Policy applies, through this certificate, only: (a) to the insureds identified in Items I and 2 of the Declarations, 4 (b) for the' certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage (1) with respect to which the primary f:nancial piotection, described in item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition 6 of the Master Policy, and (2) which is caused during the certificate perind stated in item 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in item 3 of the Declarations, and f;5rC-1 (1/1/83) rwe i

e (3) which is discovered and for which written claim is made against the insured not later than ten years af ter the end of the certificate period stated in Item 6 of the Declarations. C Ilowever, with respect to bodily injury or property damane caused by an exttaordinary nuclear occurrence this subpar $ raph 9 (3) shall not operate to bar coverage for bodily injury or property damane which is discovered and for which writte1 claim is made against the insured not later than twenty years af ter the date of the extraordinary nuclea'r occurrence. Decl a ra tions Item 1. flamed insureds and addresses: (a) Georgia Power Company, 260 Peachtree Street, Atlanta, Georgia 30302 (b) Oglethorpe Power Corporation, 2100 Exchange Place, P.O. Box 1349, Tucker, Georgia 30085-1349 (c) Municipal Electric Authority of Georgia, 100 Peachtree Street, Suite 700, Atlanta, Georgia 30303 Item 2. Additional insureds:(d) City of Dalton, Georgia, Daltor' Water and Light Co Dalton, Georgia 30720 Any other person or organization who would be insured under the primary financial orotection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection. Item 3. Description and location of nuclear reactor: Unit I of the Alvin W. Vogtle t4uclear Plant located in Burke County, Georgia. Item 4. (a) Identification of primary financial orotection applicable to the-nuclear reactor and limit (s) of liability thercaf: fluclear Energy Liability Insurance Association's Policy flF-302 $124,000,000 tiutual Atomic Energy Liability Underwriters' Policy MF- $36,000.000 Page 2 of Certificate fio. M-111

(h) Tce follo.cing er.dcrr.ca c nts e tta re to d ( vit 3 financial protection ;mlicies listed in item 4 (a) also apply to the insurance af forded by the Master Policy through this certificate as though they were attached hereto: _(1) Waiver of Defenses Endorsement (Extraordinary fiuclear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility. (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows: No Exceptions item 5. Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' contingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy. Item 6. Certificate Period: Beginning at the same time and date that the Facility Operating License issued by the United States Nuclear Regulatory Commission for the reactor described in Item 3 of this certificate becomes effective and continuing to the effective date and time of cancellation or tennination of the Master Policy or this certificate, whichever first occurs, eastern standard time. Item 7. Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident: $1,125,000 Item 8. Portion of the annual premium payable for the companies' contingent liability described in Condition 4 of the Master Policy from the effective date hereof to the end of calendar year 1986 : The pro rata portion of $1,687.50 for the period from the effective date of this certificate to the end of the calendar year during which such effective date occurs.

B0i;D FOR PAYMErlT OF RETROSPECTIVE PREMIUMS Know All tien By These Presents, that the undersigned do hereby acknowledge that.they are named insureds under the Master Policy described in the above Certificate of ' Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atanic Energy Liab'11ity Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums _ and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at 1 the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And~it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances _for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; y And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind / 1-or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with'the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before a flotary Public to be a true copy hereof shall be regarded as an original. Page 4 of Certificate fic. M 111

The preceding Certificate of Insurance, Declarations and Bond form a part of the liaster Policy. Cancellation or termination of the f4 aster Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the fiaster Policy. Ill WITilESS WHERE0F, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective as of the time and date of the inception of the Certificate period. Attest or Witness flamed Insureds: Georgia Power Company (tiamed Insured - Type or Print) 4 @d/ / LC By w f. (7 (SEAL) ~ T' f ~ z u.f n m) Senior Vice President, Nu ear Operations (Type or Print flame & Title of Officer) Date: M 3.19 8 C Oolnthnroe Power Corocration (flamed Ino e Type or Print) X0L. (3EAL) By 'f ~ 6 (SignatureofYffichr[) J F. F. Stacy f d President and Chief Executive Officer (Type or Print flame & Title of Gificer) Date:h $(( Municpal Electric Authority of Georgia f 'nsured - e r Pr' t) M 64 % $. iL OY .,,$f N NSEAL) gnature of Officer) President and General Manager (Type or Print flame & Title of Of ficer) b'Y~/w L 8 !. /d[he Date: ?11

Attest or Uitness Named insureds: City of Dalton, Georgia (named Insured - Type or Print) -/A M By & w (SEAL) f (Signature of Of ficer) (Type or Print Name & Title of Of ficer) Date: (Named Insured - Type or Print) By (SEAL) (Signature of Officer) (Type or Print Name & Title of Of ficer) Date: (Named Insured - Type or Print) By (SEAL) (Signature of Of ficer) (Type or Print Name & Title of Officer) Date: (Named Insured - Type or Print) By (SEAL) (Signature of Of ficer) (Type or Print Naue & Title of Officer) Date: r 3.,, ,c r,.: c :,..,, em

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4 IN WITNESS WHERE0F, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective as of the time and date of the inception of the Certificate period, and countersigned below by a duly authorized representative. Attest of Wi. ness For the Subscribing Companies of i MUTUAL ATOMIC ENERGY LIABILITY UNDER ITERS Ax (W BY: /1 _ t MARSH & dE[_MdN,N*C. Countersigned by i (Authorized Representative)' 4 .,d/ E / 133 PEACHTREE ST., N.E. ATLANTA, GEORGIA 30303 (Subscribing Companies) PROP 0RTION OF 100% Liberty Mutual Insurance Company 50.0000000 Lumbermen's Mutual Casualty Company 50.0000000 =}}