ML20235K832
| ML20235K832 | |
| Person / Time | |
|---|---|
| Site: | Maine Yankee |
| Issue date: | 02/14/1989 |
| From: | Vieten M MARSH & MCLENNAN, INC. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8902270259 | |
| Download: ML20235K832 (7) | |
Text
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garsh& -
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- 4, /
giennan
, 6 Marsh & McLennan Nuclear 6O - 30f 1221 Avenue of the Americas -
q New York, New York 10020-1011
)
Telephone 212 997-7297 l
J February 14, 1989 i
Mr. Ira.Dinitz Insurance Liability Specialist Office of Nuclear Reactor Regulation Mail Stop 12E8, U.S. Nuclear Regulatory Commission Washington, DC 20555.
Re: Maine Yankee Nuclear Liability Policy / Certificate Endorsements
Dear Ira:
Enclosed, please find two-certified copies of each of the following endorsements:
Policy /Certificap Endorsement NF-194 103 MF-60 89 N-34 10 M-34 10 Please call if you have any questions.
- Regards, c
/
Michael J. V1 sten Assistant Vice President MJV:ef enc.
c:
C. Purinton, w/o enc.
i 8902270259 890214 ADOCK05000,gO9 PDR.
__--___x-_.___
.4 1h Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M Forming Fart of Master Policy No. 1 Nuclear Energy' Liability Insurance (Secondary Financial Protection)
Effective January 1, 1989
,.it is agreed that 1.
. Item:4. of this certificate is amended to read.as follows:
Item 4.-(a)
Identification of primarv ' financial orotection applicable to the nuclear reactor and limit (s) of liability thereof:
(1)
Facility F.orm Policies (i)
Nuclear Energy Liability Insurance Association's Policy NF-194 -
$155,000,000 (ii)
Mutual Atomic Energy Liability Under-writers' Policy 'MF-60
$ 45,000,000 (2) ~ Master Worker Policies (Facility Worker i
Form)
(i)
Nuclear Energy Liability. Insurance Association's Master Worker. Policy-NMWP-1
$124,000,000 (ii)
Mutual Atomic Energy Liability Underwriters' Master Worker Policy MMWP-1
$ 36,000,000 (b)
The following endorsements attached' to the Facility Form policios identified in nubsection (a)(1) above also apply to the insurance afforded by this Master Policy through this certificate as though they were attached hereto:
(1)
Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence)~and (2)
Supplementary Endorsement Waiver of Defenses Reactor Construction at the Facility.
(c)
Sharing of limit (s) of liability provided under j
the crimarv financial nrotection.
(1)
The limit of liability provided under each l
Facility Form policy identified in subsection (a) (1) above is shared among all nuclear reactors on the location described in Item 3
of the Declarations of such policy.
(2)
The limit of liability providad under cach Master Worker Policy.(Facility Worker Form) identified in subsection (a) (2) above is shared among all insureds under all Certificates of Insurance issued to be a part of the Master Worker Policies.
2.
Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6,
PRIMARY FINANCIAL PROTECTION of the Master ' Policy Nuclear Energy i
Liability Insurance (Secondary Financial Protection),
is amended to read as follows:
Regardless of the number of policies or contracts of Drimarv financial nrotection applicable to a nuclear incident, the limit of (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or.
(ii) two hundred million dollars; (2) a certificate, 'other than this certificate or a certificate which has a provision identical to (a)(1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of l
(1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic reinstatements of the Policy Aggregate Effective Date of Limit under such policies.
To form a part of this Endorsement January 1, 1989 of Certificate No. M-34 12:01 A.M. Standard Time Issued to Maine Yankee Atomic Power Company l Date of Issue February 6, 1989 TH;S 13 TO CRTGy twt mm r tr yy y Qr tgegbscribing Companies g
CDTDMATE in ;
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o cu pq INSUR2C t A'- _ ;MUTUMATggENERGYLIABILITY ERWRITERS UAEtu
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h,emgnp[hny, ' -10 countersigned by A
Authorized Representative
Nrclear Energy Liability in;urance
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NUCLEAR ENERf,Y LIACILITY INSURANCE ASSOCIATION ENDORSEMENT. TO CERTIFICATE NO. N-34 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance
'(Secondary Financial Protection)
Effective January 1, 1989-it is agreed that 1.
Item 4.'of this certificate'is amended to read as follows:
Item 4.
(a).
Identification of crimarv financial orotection applicable to the nuclear reactor and limit (s) of liability thereof:
(1)
Facility Form Policies (i)
Nuclear Energy Liability Insurance Association's Policy NF-194
= $155, 000, 0 00 '
(ii)
Mutual Atomic. Energy Liability Under-writers' Policy MF-60 i
$ 45,000,000 (2)
Master Worker Policies (Facility Worker Form)
(i)
Nuclear Energy Liability Insurance Association's Master Worker Policy NMWP-1
$124,000,000 (ii)
Mutual Atomic Energy Li' ability Underwriters' Master Worker Policy MMWP-1
$ 36,000,000 (b)
The following endorsements attached to the Facility Form policies identified in subsection (a) (1) above also apply to~ the insurance afforded by this Master Policy through this i
certificate as though they were attached hereto:
(1)
Waiver of Defenses Endorsement (Extraordinary Nuclear Occurrence) and (2)
Supplementary Endorsement Waiver of Defenses Reactor Construction at the Facility.
's (c)
Sharing of limit (s) of liability provided under the crimarv financial orotection.
(1)
The limit of liability provided under each Facility Form policy identified in subsection (a) (1) above is shared among all nuclear reactors on the location described in Item 3
of the Declarations of such i
policy.
L_____--__-_--__-_---------
y (2)
Tho limit of liability provided undnr each
- /
Mastnr Worker Policy (Facility Work 3r Form) identified in subsection (a) (2) above is shared among all insureds under all Certificates of Insurance issued to be a part of the Master Worker Policies.
2.
Only with respect to such insurance as is afforded under this certificate, the first paragraph of Condition 6,
PRIMARY FINANCIAL PROTECTION of the Master Policy - Nuclear Energy Liability Insurance (Secondary Financial Protection),
is amended to read as follows:
Regardless of the number of policies or contracts of primary f
financial orotection applicable to a nuclear incident, the i
limit of (a) all Facility Form Policies identified in Item 4 (a) (i) of (1) this certificate or any other certificate having an endorsement similar to this endorsement attached to it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under all such policies, or (ii) two hundred million dollars; (2) a certificate, other than this certificate or a certificate which has a provision identical to (a) (1) above, shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (i) the sum of the limit of liability under said policies, or (ii) one hundred sixty million dollars; (b) all Master Worker Policies (Facility Worker Form) identified in Item 4 (a) (2) of a certificate shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of (1) the sum of the limit of liability available under all such Master Worker Policies, or (2) one hundred sixty million dollars plus the amount of all automatic reinstatements of the Policy Aggregate Limit under such policies.
Effsetive Date of To form a part of this Endorsement January 1, 1989 of Certificate No.
N-34 12:01 A.M. Standard Time Issusd to Maine Yankee Atomic Power Company Date of Issue February 6, 1989 For the Su ribing Companics THIS IS To rInTWY Tr-mT tv q "4
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,0 THE ORlGWAL INSUyNcg NCERTIRCATE Bi w [=?.-l
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' WDLEAR ENERGY
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DiiCT!ON). NO General Manager JOHN L o Wend *;rs ement : No.
10 AM8!CI N M s !!..
countersigned by
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Nuclear Energy Liability Insurance
! NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION INCREASE 0F LIMIT OF LIABILITY ENDORSEMENT It is agreed that:-
1.
The limit of liabilits statea in Item 4'of the declarations of the.
policy is amended to read $ 155,000,000 This amended limit applies with respect to obligations, assumed or.
expenses incurred because of bodily injury or property damage caused, during the period.from the effective date of this endorsement to the date of termination of the policy by the nuclear energy hazard.-
2.
~ The' limit of liability stated in' Item 4 of the declarations 2 and the amended limit'of liability stated in ' paragraph 1 above shall not be-cumulative, and 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 both the limit of liability stated in Item.4 of the declarations and the amended limit stated in paragraph 1 above, regardless' of which limit 'of liability applies with respect to bodily injury or property damage out of which such loss or expense arises.
T.is h heernly the ib ' a ta - m > d the u@ud Endo:'
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a nxwr end being rnade part of th + }::H:
< H h ' Mm Dy Form) as des-2 4
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A6 L s exe:s, va Pre &nt UnSauino ArwAwt Nazar Inwiers
' Effective Date of
'this Endorsement January 1, 1989 To form a part of Policy No NF-194 12:01 A.M. Standard Time Issusd to Maine Yankee Atomic Power Company Date of Issue February 6, 1989 For the Subscribing companies By We PRESIDENT Endorsement No 103 countersigned by NE-12
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y E
1 NUCLEAR.. ENERGY LIABILITY INSURANCE p
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS I
Increase of Limit of Liability Endorsement q
L It is agreed that:
)
4 1.
The limit of liability stated in Item 4 of the declarations of j
the po.licy is amended to read $45,000,000 -
. This amended limit applies with respect to obligations assumed or -
H expenses incurred because of bodily injury or property damage caused during the period from the effective date of this-endorsement to the date of termination of the policy, by the nuclear. energy hazard.
2.
The limit of liability stated in Item 4 of the declarations and the amended limit of liability stated in paragraph I above shall not be cumulative, and 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 both the limit 'of liability stated in Item 4 of the declarations and the amended limit of liability stated in paragraph 1 above, regardless 'of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.
Effective Date of tais Endorsement January 1, 1989 To fonn a pm af Policy No.
-MF-60 12:01 A.M. Standard Time Issued to Maine Yankee Atomic Power Company Date of Issu, February 6, 1989 This is to cern:y im W, is a %e cops of the original
- Endorsemuit hMn tN: mann ment number and being mede part of the Nachar En rr t r! Nv Porw Fritty Form) as des-ignate; hereon. No 1:nnnce ts anor 1 hereundfor the Subscribing Companie's vb M U' 'UAL ATOMIC ENERGY LIABILI'l 7 UNDERWRITERS Jsn L mr
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P }h /[j Arnetican resear Inuers v,f/) m Dy Y~
G c.l a
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p Endorsement No.
89 Countersigned by Avrweatzso RaratssNTATIVE ME-12
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