ML20235N545
| ML20235N545 | |
| Person / Time | |
|---|---|
| Site: | Clinton  |
| Issue date: | 02/22/1989 |
| From: | Turner C ILLINOIS POWER CO. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| NUDOCS 8903010276 | |
| Download: ML20235N545 (39) | |
Text
i 0;
ILLINDIS POWER OOMPANY 500 SOUTH 27TH STREET, DECATUR, ILLINOIS 62525-1805 February 22, 1989 Mr. Ira Dinitz Office of Nuclear Reactor Regulation Mail Stop 128
+
U.
S. Nuclear Pegulatory Commission Washington, D.J.
20555 Re:. Illinois Power Company Clinton Power Station Nuclear Energy Liability Policies
Dear Mr. Dinitz:
Enclosed please find two copies of the following policy endorsements:
Nos. 36, 37, 38 & 39 for Policy NF-261 Nos. 17, 18, 19 & 20 for Policy MF-121 Nos. 4& 5 for Policy N-85 j
Nos. 4 & 5 for Policy M-85 Nos.'1, 2,
3 & 4 and Certificate of Insurance for Policy NW-156 i
Fes.
1, 2,
3 & 4 and i
l Certificate of Insurance for Policy MW-91 Sincerely, C./ he C.
L. Turner Administrator-Risk Management l
CLT:lkw Enclosures kfD gyoygy J
05000461,
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6L MUTUAL'. ATOMIC ENERGY LIABILITY UNDERWRITERS NUCLEAR ENERGY LIABILITY-POLICY (Fac_lity Worker Form)-
herein called the MASTER WORKER POLICY CERTIFICATE O-F INSURAN_CE Certificate No. HW-91 Date of Issue. Jan.15, 19 88 This~is to certify the.c the insureds named.in Item 1 of the Declarations.hareof,
. hereinafter called the
" Named Insureds",.. have obtained insurance under.the Master Workar Policy issued by Mutual Atomic Energy Liability Underwriters on behalf of its members. The insurance is subject to~all of the provisions'of'this " Certificate" and the Master Worker Policy.
1
-DECLARATIONS Item 1. Named Insureds and Addresses:
Illinois Power Company - 500 South 27th Street, Decatur, Illinois 62525
Western' Illinois Power Cooperative - Highway 67 S. Jacksonville, Illinois 62650.(P. O. Box 609, 62651)!
Soyland Power Cooperative - 2535 Millikin Parkway, Suite 1205, Illinois 62526 (P. O. Box A1606, 62525).
Item 2.
Certificate Coverage Period:
Beginning at 12:01 a.m.
January 1,
1988 and ending at the close of December 31, 1992, Eastern Standard Time, or at the time and date this Certificate is cancelled or terminated, whichever first occurs.
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f Item 3.
Description of the Facility:
Location: All Real and Personal Property, except for those facilities known as the dam, visitor's center and marina as
-insured by the Named Insured's other property insurance coverages, located within the boundaries of the site. location consisting of land' areas bounded by the station-boundary lines-as shown in Figure 2.1-2 of the Clinton Power Station Final Safety Analysis Report,.all located about six (6) miles east of the City of CLINTON in DEWITT COUNTY, east-central Illinois.
Type:
Power Reactor.
Operator of the Facility: Illinois Power Company Item 4.
Amount of Insurance Available:
The amount of insurance afforded by the Master Worker Policy through this certificate shall be determined by Section VIII of the Master Worker Policy and all of the other provisions of the' policy relating thereto.
Item 5. Advance Premium:
$ 4,837.00 l
2 APPLICATION'OF CERTIFICATE This Certificate applies only to bodily injury to a. new worker (1) which is caused during the Certificate Coverage Period by the nuclear energy hazard and (2) which is dis-covered and for which written claim is first made against an insured under the Certificate within the discovery period of the Master Worker Policy.
3 INDUSTRY RETROSPECTIVE RATING PLAN All insurance under the Master Worker Policy is subject to the Industry Retrospective Rating Plan in use by the companies. No insurance is provided under this Certificate unless and until the first Named Insured has accepted in writing the Industry Retrospective Rating Plan Premium En-dorsement and a copy of the signed endorsement has been issued by the companies to form a part of this certificate.
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9 IN WITNESS WHEREOF, the companies subscribing the Master Worker Policy have caused this Certificate to be executed and attested on their behalf by the Manager of Mutual Atomic Energy Liablity Underwriters and duly countersigned by an authorized representative.
For the subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS J.
Michael O'Connell, Manager By
.R dh N
' ~ ( AutheirThad Agent)
Countersigned by: [
/ 7(Authorized Representative)
This in to certify that this is a truo copy of the original Certificate bnaring the number des:gnated hereon, f or insurcace covc: age under thc id ' car E,c:gy Ucbility PQcy (r' M!ty Warkuc Fenn) hcrain rf,ued t; Mc for
- 3nce i t.'Sor&d by this copy.
John L ' uttrccctII, tice Preudentwhility Underwriting American Nuc! car insurers MMWPC-1 (1/1/88)
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Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS l
INDUSTRY RETROSPECTIVE'-
S. TING PLAN PREMIUM ENDORSEMENT It is agreed that:
1.
DEFINITIONS With reference to the premium for the Certificate of which this endorsement forms a part:
" Master Worker Policy" means the Master Worker Policy issued by MAELU;
" Certificate Holder" means the first Named Insured in a Certificate issued to form a part of the Master Worker Policy;
" advance premium", for any calendar year, is the esti-mated standard premium for that calendar year;
" standard premium",
for any calendar year, is the premium for that calendar year computed in accordance with the companies' rules, rates, rating.c.lans (other than the Industry Retrospective Rating Plan), premiums and minimum premiums applicable to this insurance.
Standard premium includes elements for premium taxes, expenses, profit and contingencies, guaranteed cost insurance and estimated reserve premium. The elements of standard premium, other than for premium taxes and estimated reserve premium, are not subject to retrospec-tive adjustment; I
" reserve premium" means that portion of the premium for a certificate (including reserve premium charges paid) that is specifically allocated under the Industry Retro-spective Rating Plan for ratable incurred losses;
" industry reserve premium", for any period, is the sum of the reserve premiums for that period for all Certifi-cates issued to form a part of the Master Worker Policy;
" retrospective adjustment ratio", for any period, is the ratio of the reserve premium for this certificate for that period to the industry reserve premium for the same period;
" incurred losses" means the sum of all:
(1) losses and expenses paid by MAELU, and I
(2) reserves for losses and expenses as estimated by
- MAELU, 1
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.d because'.of obligations assumed and expenses incurred in connection with such obligations by the. members of MAELU under the Master Worker Policy;
" ratable' incurred losses" means 95% of incurred'. losses.
Ratable' incurred losses are-the portion of. incurred
'losnes which are not covered; by the guaranteed cost insurance element of' standard premiums; "non-ratable incurr,ed losses" means-5% of incurred-losses.
Non-ratable incurred losseu~are the portion of incurred losses which are covered by.the guaranteed cost-insurance element of; standard premiums;
~
" reserve for refunds", as of any date,. is the algebraic difference.between:
(1) all industry reserve premium for the period from January.1, 1988 through such date, minus (2) the total for the'same period of (a) all ratable incurred-losses-and (b) all industry reserve pre-mium refunds.made under the Industry Retrospective Rating Plan by members of MAELU;
" industry' reserve premium charge", for any period,.means the amount determined pursuant to the provisions' of 1
Section.4 of this endorsement for payment by the Named I
Insureds under Certificates;
" reserve premium charge" means the portion of an indus-try-reserve premium charge payable by the Named Insureds under this Certificate;
" industry reserve premium refund", for any period, means the amount determined pursuant to the provisions of
.Section 4 of this endorsement for return to the ord Insureds under Certificates;
" reserve premium refund" means the portion of an indus-try reserve premium refund returnable to the Named Insureds under this Certificate.
2.
PAYMENT OF ADVANCE AND STANDARD PREMIUMS The Named Insureds shall pay the companies the advance premium stated in the declarations, for the period from the effective date of this certificate through December 31 following. Thereafter, at the beginning of each calendar year while this Certificate is in force, the Named Insureds shall pay the advance premium for such year to the companies.
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.f The advance : premium for each ' calendar. year shall be~
stated in the Advance and= Standard Premium Endorsement for the year issued by the companies.'as soon'as practic-
~
able. prior to or'after the beginning'of the year.
L As soon as: practicable'after the end of a calendar year or-the certificate Coverage Period,<the standard premium for the preceding year shall : be finally determined'and stated in the Advance and' Standard Premium Endorsement for-that' year. If the standard premium exceeds the ad-vance premium paid for that year, the Named Insureds shall pay.the excess to the companies; if-less, the.com-panies shall return to tho' Named Insureds the excess.
portion paid.
The Named Insureds shall maintain records of the inform-ation necessary fot* premium ~ computation and shall send copies of such records to.the companies as directed, at' the end.of each calendar year, at the end of the-Certi-
' ficate. Coverage Period and at such other times as the companies may direct.
3..
SPECIAL RESERVE ACCOUNT; USE OF' RESERVE PREMIUMS MAELU sha'll'~ maintain on behalf of its members a Special Reserve ' Account for holding collectively. all reserve i
premiums paid for all Certificates issued to form a part of the Master Worker Policy. Such premiums, together with any undistributed net' income realized thereon after taxes and investment expenses, shall be used for the following purposes only:
(1) to' pay. ratable incurred losses or, in the event ratable incurred losses are paid under the Master Worker Policy from funds advanced by the members of
.MAELU subscribing the policy, to reimburse such u mbers.as a matter of'first. priority for the funds.
advanced; (2) to refund any amounts so held to the Named' Insureds, as provided in Section 4.
No members of MAELU and no Named Insureds shall have any individual interest in or claim upon amounts held in the Special Reserve Account, except to participate propor-tionally in any refund or reimbursement provided for above.
All reserve premiums paid or payable for this Certifi-cate may be used by MAELU to discharge the obligations of its members under the Master Worker Policy with re-spect to the above purposes and arising out of claims made under any Certificate issued to form a part of the Master Worker Policy.
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4.
PAYMENT OF RESERVE PREMIUM CHARGES AND REFUNDS As soon as practicable after each December 31 the com-panies will review the status of the' reserve for refunds and report their findings to all Certificate Holders.
If, at any time, the companies find that there is _ a negative balance in the reserve for : refunds and that such condition is likely to prevail, they shall deter-mine - an appropriate industry reserve premium charge.
Similarly, if the companies find that there is a surplus positive balance, they shall determine an appropriate industry reserve premium refund.
The portion of an industry reserve premium charge or an industry reserve premium refund that is:
(1) payable by_the Named Insureds as a reserve premium charge, or (2) due such insureds as a reserve premium refund, shall be determined by multiplying the industry reserve premium charge or the industry reserve premium refund by the retrospective adjustment ratio applicable to this Certificate.
.The amount of any reserve premium charge shall be stated in a Retrospective Reserve Premium. Charge Endorsement.
The charge shall be paid promptly after receipt of the endorsement.
When all claims covered by the Master Worker Policy are closed the companies shall make a final review and report, and shall determine a final industry reserve premium charge or industry reserve premium refund equal to the amount of the balance.
5.
FINAL PREMIUM The final premium for this certificate shall be (a) the sum of the standard premiums for each calendar year, or portion thereof, during which the Certificate remains in force plus (b) the sum of all reserve premiums, includ-ing all reserve premium charges, minus (c) the sum of all reserve premium refunds.
6.
RESERVE PREMIUM CHARGE AGREEMENT In consideration of (a) the participation of Named Insureds in other Certificates subject to the Industry Retrospective Rating plan, (b) the undertaking of such Named Insureds to pay their appropriate share of any industry reserve premium charge and (c) the obligations assumed by the members of MAELU under the Master Worker ME-W-1 (1/1/88)
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-Policy, the' Named' Insureds, by acceptance of.the Master-
~
' Worker! Policy, agree:
~
the insurance' provided by the Master Worker (1)
~Policyfapplies collectively to all claims' covered That by the ' policy through any ~and all Certificates issued'to' form a part of the policy.
-(2)'
That the'right of-each Named. Insured-under a. Cert-
-ificate to receive reserve premium refunds and the obligation of each such insured
'to.' pay' reserve premiums charges-applies to all claims. covered by the Master J Worker Policy l and continues until all such claims are closed, whether-or not such claims
- were before the inception' of the certificate or
-after its termination.
( 3 )'
To pay all reserve premium charges due promptly after receipt of the. Retrospective Reserve Premium Charge Endorsement,.whether or not the Certificate is. terminated. Any reserve premium charge shall-be overdue if not paid-within'60' days of the date of the invoice.for the charge.
Overdue reserve premium charges shall bear. interest from' the due date until-paid _ at an annual rate equal to the sum of (a) 3% plus (b) a rate of in-terest equalDto Moody's Average Public Utility Bond Yield described in the. issue of Moody's Bond
-Survey current on the due date.
Any reserve premium refund due to Named Insureds under a Certi-ficate shall. be used. to pay any overdue. reserve premium charges to such Named Insureds.
7.
RESERVE PREMIUM REFUND AGREEMENT Each member of MAELU subscribing the Master Worker Policy for any calendar year, or portion thereof,-with respect ~to which an industry reserve premium refund is determined to ' be payable thereby agrees for itself, severally and not Jointly, and in the respective pro-portion of its lisbility assumed under the Master Worker Policy for that calendar year, to return promptly to the Named Insureds that portion of such refund due such
- Insureds, as determined in accordance with the provisions of this endorsement.
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Accepted and agra by the first Named Insured in behalf of a
itself and every other Named Insured stated in the Declara-tions of the certificate of which this endorsement forms a part.
ILLIN0IS POWER COMPANY (First Named Insur d - Print or Type) ll!/f![]
M~----t Date By
/~
(Signe4 Mire of Authorized Of ficer)
Larry D. Haab Executive Vice President (Print or Type Name and Title of Of ficer)
This is to certify that this is a true copy of the original Endorsement having the endorsement number and being mado part of the Cettificato of lnsurcnce bearing tha numbcr d0signated hereon for insurance fl!it' Policy (Facility Workers covern; T under the No; nr Entro Uej/n6cr.
/
For m). 1o L cc is.fP Q b m f John L. ' sat'troccis, sf Mijability Underwriting American Nuclear Insurors Effective Date of To form a part of this Endorsement January 1, 1988 of Certificate No. MW-91 TITUI A.M. 5tandard Time Issued to Illinois Power Company, Western Illinois Power Cooperative, Inc. and Soyland Power Cooperative, Inc.
Date of Isrue October 19, 1987 l
For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY ERWRITERS
\\
s$,
> N _04
~
By r -A Endorsement No.
I Countersigned by_
/ ' Authorized Representative ME-W-1 (1/1/88) l L _ -_ _ _
l.
Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 1
1.
ADVANCE PREMIUM:
It is agreed that the 1.dvance Premium cue the companies for the period designated above is:
$ 4,837.00 2.
STANDARD PREMIUM AND RESERVE PREMIUM:
In the e5sence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Indus-try Retrospective Rating Plan, the Standard Premium is said Advance Premium and the estimated Reserve Premium element of the Standard Premium is:
~
3,870.00 This b to certify that this is a true copy of the originn! Endorsement having the ondoraemoninumber and being made part of the Certificate o? lasurance bearing the r. umber decir mted hcreon for ineuranco cow.rc., 9 under the N.;&.at Enorgy U aility l'ci:cy (Faci!!:y Workers Fctm). lo ir c3 is cr.
John L.
fattrocchi, Vice President *Lhbility Underwriting American Nuclear Insurers Effective Date of thisLEndorsement January 1, 1988 To f m a part of Certificate No. MW-91 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Soyland Power Cooperative Inc.
Date of Issue January 28, 1988 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS A
By Endorsement No.
2 Countersigned by M
fr ME-W-2 (1/1/88)
l t
Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS b
ADVANCE PREMlUM AND STANDARD PREMlUM ENDORSEMENT CALENDAR YEAR 1989 i
1.
ADVANCE PREMlUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
5,197.00 2.
STANDARD PREMlUM AND RESERVE PREMlUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Retrospective Rating Plaa, the Standard Premium is said Advance Premium and the estimated Reserve Premium element of the Standard Premium is:
f ab ia to certify that this is a true copy of the original Endcraemer:t 4,158.00 hmG.the endorsement number and bein0 made part of the Certificate ci tr/,ure. ace bearirig the numbut designo$d horcon for insurance ccvMrge u' der the Nuclear Energy Liab 1 ty Pol icy (Facuity Workers Ft.nn) No !. sure s r.
~
l Jco n L. G u-
~occhi, Vice President-Underwriting Ar.encan Nuclear insurors Effective Date of this Endorsement January 1,1989 To form a palt of Certificate No.
MW.91 12:01 A.M.
Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Soyland Power Coopara_tive4_Inc.
December 15,1988 Date of I sue For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND WRITERS 2% U ~L By qw-Endorsement No.
3 Countersigned by
-ME-W-2
Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS AMENDMENT OF THE DESCRIPTION OF THE FACILITY ENDORSEMENT It is agreed that Item 3 of the Declarations, " Description of the Facility" is amended to read:
1 Location:
All Real and Personal Property, except for those facilities known as the Clinton Lake main dam, visitors center and marina as insured by the Named Insured's other property insurance coverages, located within the boundaries of the site location consisting of land areas bounded by the station boundary lines as shown in Figure 2.1-2 of the Clinton Power Station updated Safety Analysis Report, all located about six (6) miles east of the City of CLIRTON in DEWITT COUNTY, east-central ILLIN0IS.
i h fo ccaly that thin is a trus copy o! the crNn l E.nc;cr crent IMin9,w, cncorcement number and being mac. om of p3 s c.iggent,~
of irrurcnco bearing the number des.inated heredq for innbr Ne uc r Energ ab;!ity Pohey (F00ility Workcrc gj 8
alder.
g"r:r,Cn!, aco Presidor
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erwriting v
A ecen tJ,e:: r Insurero F,ffsetiv* Date of this Endorm ment October 6, 1988 To form a part of Certificate No. MW-91 a
12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Soyland Power Cooperative, Inc.
Dsto of Issue January 10, 1989 l
For the Subscribing Companies MUTUAL TOMIC ENERGY LIABILITY ERWRITERS
. s. a2c M Endorsement No.
4 Countersigned by
[
~
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's
[T
. NUCLEAR ENERGY LIABILITY-INSURANCE ASSOCIATION NUCLEAR ENERGY LIABILITY POLICY
.(Facility Worker Form) herein called the
. MASTER WORKER' POLICY
' CERTIFICATE OF I N S U'R-A N C E Certificate No. NW-156 Date of Issue Jan. 15,
- 19. 88 This is to certify that the insureds named in Item,1 of the:
Declarations
- hereof, hereinafter.
called the
" Named' Insureds", have obtained insurance under the Master Worker Policy issued by Nuclear Energy Liability Insurance Associa-tion on' behalf of its members. The insurance is subject to all of the provisions. of. this " Certificate" and the. Master Worker Policy.
1 DECLARATIONS Item 1. Named Insureds and Addresses:
Illinois Power Company - 50'O South 27th Street, Decatur, Illinois 62525 Western Illinois Power Cooperative - Highway 67 S. Jacksonville'.
Illinois 62650 (P. O. Box 609, 62651)
Soyland Power Cooperative - 2535 Millikin Parkway, Suite 1205 Illinois 62526 (P. O. Box A1606, 62525) 1 Item 2.
Certificate Coverage Period:
Beginning at 12:01 a.m.
January 1,
1988 and ending at the close of December 31, 1992, Eastern Standard Time, or at the time and date this Certificate is cancelled or terminated, whichever first occurs.
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.h Item 3,.-Description of'the Facility:
i
-Location: All Real and Personal Property,lexcept for those facilities known as the dam, visitor's center and' marina.as insured by the Named. Insured's other. property insurance coverages, located within the boundaries of the.. site location consisting of land areas bounded by the station' boundary lines as.shown in Figure 2.1-2 of the-Clinton Power Station Final Safety Analysis Report, all located about six (6) miles east of the City of CLINTON in.DEWITT COUNTY, east-central Illinois..
Type:
Power Reactor Operator of the Facility: Illinois Power Company l
Item 4.
Amount of Insurance Available:
The amount of ' insurance afforded ' by the Master Worker tolicy through this certificate shall be-determined by Section VIII of the' Master Worker Policy and all of the other provisions of the policy relating thereto.
Item 5. Advance Premium:
S 16,663.00-2
' APPLICATION OF CERTIFICATE This certificate applies only. to bodily injury to a new worker (1) which is caused during the Certificate Coverage' Period by the nuclear energy hazard and (2) which is dis-covered and for which written claim is first made against an insured under the Certificate within the discovery period of the Master Worker Policy.
3 l
INDUSTRY RETROSPECTIVE RATING PLAN All insurance under the Master Worker Policy is subject to the Industry Retrospective Rating Plan in use by the companies. No insurance is provided under this Certificate unless and until the first Named Insured has accepted in
. writing the Industry Retrospective Rating Plan Premium En-dorsement and a copy of the signed endo?sement has been issued by the companies to form a part of this certificate.
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.f IN WITNESS. WHEREOF, the companies subscribing the Master Worker Policy have cau' sed this Certificate to be executed and attested on their behalf by the President of Nuclear Energy Liability Insurance Association and duly counter-signed by an authorized representative.
.j For the Subscribing Companies of NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION 4
Burt C.
Proom President By 1e f
'4
('AQth6riTWgent) l l
I i
Countersigned by: %
[ ' (Authorized Representative) i This is to certify that this is a true copy of the origlhal Certificate bearing the number designated horcon, or insurance coverage under ~
the Nu ear Energy Liability Policy (Fc ility Workers Form) herein 7 canceis afforded by this copy.
ca!Iedth Ma crP o
John L. ~ jattrocchi, Vice Presldent sLwoihty Underwriting American Nuc! car Insurers i
1 NMWPC-1 (1/1/88) page 3
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Nuclear Energy Liab:11ty Insurance..
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION
-INDUSTRY RETROSPECTIVE RATING PLAN PREMIUM' ENDORSEMENT It is agreed that:
1.
DEFINITIONS With reference to the premiumL for the Certificate of' which this endorsement forms a part:
" Master. Worker Policy" means the Master : Worker Policy issued by NELIA;
'" Certificate Holder" means the first Named. Insured in a Certificate' issued'to form a part of the. Master Worker Policy;
" advance premium", for any calendar year, is.the esti-mated standard premium for.that calendar year;-
" standard premium", for any calendar year, is.the pre-mium for that calendar year computed in..accordance with the companies' rules,, rates, rating plans (other than the Industry Retrospective Rating Plan), premiums and minimum premiums' applicable to this insurance. Standard
{
premium includes elements for premium taxes, expenses, i
profit and' contingencies,. guaranteed cost.. insurance and j
estimated reserve premium..The elements of standard premium,. other than for premium-taxes and estimated I
reserve premium, are not subject.to retrospective 1
adjustment;
" reserve premium" means that portion of the premium for a certificate (including reserve premium charges paid) that is specifically allocated under the Industry Retro-spective Rating Plan for ratable incurred losses; j
" industry reserve premium", for any period, is the sum of the reserve premiums for that period for all.Certifi-cates issued to form a part of the Master Worker Policy;
" retrospective adjustment ratio", for any period, is the ratio of the reserve premium for this certificate for that period to the industry reserve premium for the same period;
" incurred losses" means the sum of all:
l (1) losses and expenses paid by NELIA, and j
(2) reserves for losses and expenses as estimated by 1
- NELIA, l
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because of obligations' assumed'and expenses incurredlin:
connection with such obligations by the members.of-NELIA
-under:the Master. Worker Policy;
" ratable' ~ incurred l'osses" - means 95% of ' incurred-' losses.
Ratable incurred losses - are the portion of-. incurred losses which are not covered - by ' the. guaranteed ' cost insurance element of standard premiums; "non-ratable incurred ' losses" means 5% of inc.urred
.g losses.
Non-ratable incurred losses are the portion of-incurred losses-which are covered by the guaranteed cost _
insurance' element of standard premiums;-
" reserve for refunds",
difference between:
' as of any date, is the algebraic (1) all E industry reserve premium for.the period from January.1, 1988 through such date,.'minus (2) the total for the same period of -(a) all ratable incurred losses and (b) all industry reserve pre-mium refunds made under'the Industry Retrospective Rating Plan by members of NELIA;
~
j
" industry reserve premium charge", for any period, means I
the-amount - determined pursuant to the provisions of Section'4 of this. endorsement for payment by the Named Insureds under Certificates;
" reserve premium charge" means the portion of an indus-try reserve premium charge payable by the Named Insureds under this Certificate
" industry reserve premium refund", for any period, means the amount -determined pursuant to the provisions of
'(
Section 4 of this endorsement for return to the Named Insureds under Certificates;
" reserve premium refund" means the portion of an indus-l try reserve premium refund returnable to the Named In-
~
sureds under this Certificate.
l i
2.
PAYMENT OF ADVANCE AND STANDARD PREMIUMS i
The Named Insureds shall pay the companies the advance premium stated in the declarations, for the period from the effective date of this Certificate through December 31 following. Thereafter, at the beginning of each calendar year while this certificate is in force, the Named Insureds shall pay the advance premium for such year to the companies, l
The advance premium for each calendar year shall be l
stated in the Advance and Standard Premium Endorsement NE-W-1 (1/1/88)
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9 for the year issued by the companies as soon as practic-able prior to or after the beginning of the year.
As soon as practicable after the end of a calendar year or the Certificate Coverage Period, the standard premium for the preceding year shall be finally determined and stated in the Advance and Standard Premium Endorsement-for that year. If the standard premium exceeds the ad-
-vance premium paid for that year, the Named Insureds shall pay the excess to.the companies; if less, the com-panies shall return to the Named Insureds the excess portion paid.
The Named Insureds shall maintain records of the inform-ation.necessary for premium computation and shall send copies of such records to the companies as directed, at the end of each calendar year, at the end of the certi-ficate Coverage Period and at such other times as the companies may direct.
3.
SPECIAL RESERVE ACCOUNT; USE OF RESERVE PREMIUMS NELIA shall maintain on behalf of its members a Special Reserve Account for holding collectively all reserve premiums paid for all Certificates issued to form a part of the Master Worker Policy.
Such premiums, together with any undistributed net income realized thereon after taxes and investment expenses, shall be used for the following purposes only:
(1) to pay ratable incurred losses or, in the event ratable incurred losses are paid under the Master Worker Policy from funds advanced by the members of NELIA subscribing the policy, to reimburse such members as a matter of first priority for the funds advanced; (2) to refund any amounts so held to the Named Insureds, as provided in Section 4.
No members of NELIA and no Named Insureds shall have any individual interest in or claim upon amounts held in the Special Reserve Account, except to participate propor-tionally in any refand or reimbursement provided for above.
All reserve premiums paid or payable for this Certifi-cate may be used by NELIA to discharge the obligations of its members under the Master Worker Policy with re-spect to the above purposes and arising out of claims made under any Certificate issued to form a part of the Master Worker Policy.
j NE-W-1 (1/1/88)
Page 3
]
e
- d'
- 4.. PAYMENT OF RESERVE PREMIUM CHARGES AND REFUNDS As soon as practicable after each December 31 the com-panies will review the status of the reserve for refunds and report their findings to all Certificate Holders.
If, at any time, the' companies find that there is a negative balance in the reserve for refunds and that such condition is likely to prevail, they shall deter-mine an-appropriate industry reserve premium charge.
Similarly, if the companies find that there is a surplus positive - balance, they shall determine an appropriate industry reserve premium refund.
The portion of an industry reserve premium charge or an industry reserve premium refund that is:
(1) payable by the Named Insureds as a reserve premium charge, or (1) due such insureds as a reserve premium refund, shall be determined by multiplying the industry reserve premium charge or the industry reserve premium refund by the retrospective adjustment ratio applicable to this Certificate.
The amount of any reserve premium charge shall be stated in a Retrospective Reserve Premium Charge Endorsement.
The charge shall be paid promptly after receipt of the endorsement.
When all' claims covered by the Master Worker Policy are closed the companies shall make a final review and re-port, and shall determine a final industry reserve premium charge or industry reserve premium refund equal to the amount of the balance.
5.
FINAL PREMIUM The final premium for this Certificate shall be (a) the sum of the standard premiums for each calendar year, or portion thereof, during which the certificate remains in force plus (b) the sum of all reserve premiums, includ-ing all reserve premium charges, minus (c) the sum of all reserve premium refunds.
6.
RESERVE PREMIUM CHARGE AGREEMENT In consideration of (a) the participation of Named Insureds in other Certificates subject to the Industry Retrospective Rating Plan, (b) the undertaking of such Named Insureds to pay their appropriate share of any industry reserve premium charge and (c) the obligations assumed by the members of NELIA under the Master Worker NE-W-1 (1/1/88)
Page 4 i
+
v
..p
.-s:
Policy, the Named Insureds, by acceptance of.the Master Worker Policy, agree:
(1)
That the insurance reovided. by the Master Worker Policy applies collectively to all claims covered
.by the policy through any and all Certificates issued to form a part of the policy.
(2)
That the right of each Named Insured under a Cert-ificate to receive reserve premium refunds' and the obligation of each such insured to pay reserve premiums charges applies to all. claims covered by the Master Worker Policy and continues. until all such claims are closed, whether or not such claims were before the inception of the Certificate or after its termination.
(3)
To pay all reserve premium charges due promptly after receipt of the Retrospective Reserve Premium Charge Endorsement, whether or not the Certificate is terminated. Any reserve premium charge shall be overdue if not paid within 60 days of the date of the invoice for the charge.
Overdue reserve premium charges shall bear interest from the due date until paid at an annual rate equal to the sum of (a) 3% plus (b) a rate of in-terest equal to Moody's Average Public Utility Bond Yield described in the issue of Moody's Bond Survey current on the due date.
Any reserve pre-mium refund due to Named Insureds under a
certificate shall be used to pay any overdue reserve premium charges to such Named Insureds.
7.
RESERVE PREMIUM REFUND AGREEMENT Each member of NELIA subscribing the Master Worker Policy for any calendar year, or portion thereof, with respect to which an industry reserve premium refund is determined to be payable thereby agrees for itself, severally and not jointly, and in the respective pro-portion of its liability assumed under the Master Worker l
Policy for that calendar year, to return promptly to the
)
Named Insureds. that portion of such refund due such Insureds, as determined in accordance with the provi-1 sions of this endorsement.
1 I
I l
l NE-W-1 (1/1/88)
Page 5 j
I i
(
I,o f-Page 6 I
Accepted and agreed by the'first Named Insured in behalf of itself and every other Named Insured stated in the Declara -
tions of the Certificate of which this endorsement forms a part.
l L
ILLIN0IS POWER COMPANY (First Named Insur
- Print or Type)
//!/ [7 By
-- --7 Date
'~I~
(Sigmrtstre of Authorized Of ficer)
Larry D. Haab Executive Vice President (Print or Type Name and Title of Officer)
This is to cortify that this is a true copy of tho onginal Endorsement having the endors9 ment number and brjng mada pSriof the Certificate of insurence 6t:aring the number dadgnated hereon for incuranco covera,e undat iho Nuc! car Enugy y/Ja!By Po: icy {F.acility Workers Form). No locuranco i ufF ~'" hoWandcr.
Johnc 'ua chi, me N
bility Underwriting American Nuclear insurers Effective Date of To form a part of this Endorsement January 1,1988 of Certificate No.
NW-156 12:01 A.fl. Standard Time Issued to Illinois Power Company. Western Illinois Power Cooperative. Inc. and Sovland Power Cooperative, Inc.
Date of Issue October 19, 1987 For the scribing companies By U
General Manager
/f Endorsement No.
I Countersigned by 4 (/
NE-W-1 (1/1/88) 1
l' i
Nuclear Energy Liability Insurance I
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION i
i ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1988 1.
ADVANCE PREMIUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
$ 16,663.00
\\
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 Indus-try Retrospective Rating Plan, the Standard Premium is said Advance' Premium and the estimated Reserve Premium element of the Standard Premium is:
$ 13,330.00 Inis is to certify that this is a true copy of the original Endorsement having the endorsement number and being mada part of the Certificate.
of Incurance bearing the number dec!gnated heroch for insurance co/ crag > undcr the Nu&nr Energy Li: i;ity Policy (Facility Workers Form),, 'o trD-ce la ik cr.
~
John L ' attrocchi.
Preside ility Underwriting American Nuctoar losurers Effective Date of this Endorsement January 1, 1988 To form a part of Certificate No.
NW-156 12:01 A.M. Standard Time Illinois Power Company Western Illinois Power Cooperative, Inc. and Soyland Issued to Power Cooperative, Inc.
Date of Issue January 28, 1988 For the Su t, ribing Co anies By M
PRESIDENT M
. Endorsement No.
2 Countersigned by
!naurance is afforded hercu' der.
.lM m L
.gi, Mig ' Morwriting u nc fac o Iis e.,- -
Effsetive Date of this Endorsement October 6. 1988 To form a part of Certificate No. NW lu 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and
.Issusd to Sovland Power Cocoerative. Inc.
Dsto of itaue January 10. 1989 For the Su ribing Companies
/
/
, '. NO D% -
By s
PRESIDENT Endorsement No.
4 Countersigned by i
b Nuclear Energy Liatdlity Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1989 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for_the period designated above is:
1,688.00 THG IS TO CERTIFY THAT THIS is A TRUE COPY OF THE ORIGINAL CERTIFICATE. BEARING THE NUMBER DE3!GNATED HEREON, FOR INSURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEAR ENERGY L.lASillTY IN3U?ANCE (SECONDARY FINANCIAL PF.lECTION). NO INSURANCE IS A 7FORDEn BY THi C"'
~
JOHN L QUAT ' ' Hi VICE PRESIDENT-ADER9/RITING AMERICAN NUCLEAR INSURERS
- .a ;:=.:
Effsetive Date of this Endorsement January 1.1989 To form a part of Certificate No.
M-85 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Soyland Power Cooperative, Inc.
D ta of Issue December 15, 1988 For the Subscribing Companies MUTUAL TONIC ENERGY LIABILITT ERWRITERS By Endorsement No.
4 Countersigned by
Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-85 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 Drimarv financial nrotection applicable to the nuclear reactor and limit (s) of liability thereof:
(1)
Facility Form Policies (i)
Nuclear Energy Liability Insurance Association's Policy NF-261
$155,000,000 (ii)
Mutual Atomic Energy Liability Under-writers' Policy MF-121 l
$ 45,000,000 (2)
Master Worker Policies (Facility Worker Form)
(i)
Nuclear Energy Liability Insurance Association's Master Worker Policy l
IMWP-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 policies identified in subsection (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 I
Facility.
(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 policy.
i
1 I
A '
(2)
Tha limit of liability provided under each 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 Liability Insurance (Secondary Financial Protection),
is amended to read as follows:
Regardless of the number of policies or contracts of primarv financial orotection applicable to a nuclear incident, the limit of k
(a) all Facility Form Policies identified in Item 4 (a) (i) of m
j$
(1) this certificate or any other certificate having an d
endorsement similar to this endorsement attached to lE*
it shall be deemed to be exhausted when the sums paid
@2Es under said policies are equal to the lesser of j[]
(i) the sum of the limit of liability under all such 6r25 policies, or yjj1-(ii) two hundred million dollars; 7
nyEY 8yif
[
(2) a certificate, other than this certificate or a
$ $ e? s g
certificate which has a provision identical to (a) (1) y ::
t i
above, shall be deemed to be exhausted when the sums c $ r ',
5 paid under said policies are equal to the lesser of.
272E l
(i) the sum of the limit of liability under said j!;;]y f
policies, or
- E y/
(ii) one hundred sixty million dollars;
.@ F 6 c L gij s Z '
- g E/
(b) all Master Worker Policies (Facility Wor.br Form) y Er np
^T identified in Item 4 (a) (2) of a certificate shall be 834_
_6 deemed to be exhausted when the sums paid under said S[$1 j$
policies are equal to the lesser of a ?: u?.
,5 e -8 E $
iE (1) the sum of the limit of liability available under all P 5 3 ft 4.h 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-85 Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Rnviand Power Cocoerative. Inc.
Date of Issue December 9. 1988 For the Subscribing Companies MUTUAL ATOMIC ENERCY LIABILITY ERWRITERS By y
Endorsement No.
5 Countersigned by Authorized Representative
.i
- 4
' Nuclear Energy Liability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION l
ANNUAL PREMIUM ENDORSEMENT Calendar Year 1989 ANNUAL PREMIUM:
It is agreed that the Annual Premium due the companies for the period designated above is: $ 5,813.00 THIS IS TO CERTIFY THAT THIS ($ A TRUE COPY OF THE ORIG CERTIFICATE, BEAR;NG THE NUMBER DESIGNATED HEREON, FOR INGURANCE COVERAGE UNDER THE MASTER POLICY-NUCLEA LIABluTY INSURANCE (SECONDARY FINANCIAL ROTECTION)
INSURANCE 3 AFFORDED BY THIS COPY.
JOHN L. 0: + ' OM.
VICE PRE 3!D. T-UNDERWRITING APERICAN NUCLEAR INSURERS I
Effective Date of this Endorsement January 1, 1989 To form a part of Certificate No.
N-85 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and i
Issued to Sovland Power Cocoerative. Inc.
{
l Date of Issue December 15, 1988 For the Subscribing Companies
,/ /
q
,4. '/ k S ph By PRESIDENT Endorsement No.
4 Countersigned by J
l Nuclear Energy LI:.bility insuranc3 NUCLEAR ENER3Y LIABILITY INZURANCE ASSOCIATION l
ENDORSEMENT TO CERTIFICATE NO. N-85 t
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 primarv financial orotection applicable to the nuclear reactor and limit (s) of liability thereof:
(1)
Facility Form Policies I
(i)
Nuclear Energy Liability Insurance Association's Policy NF-261
$155,000,000 (ii)
Mutual Atomic Energy Liability Under-writers' Policy MF-121
$ 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 Liability 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 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 the primarv 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 policy.
a e
(2)
Tha limit of liability provided under each 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.
Only with respect to such insurance as is afforded under this 2.
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 Drinarv financial orotection applicable to a nuclear incident, the limit of i
(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 k
it shall be deemed to be exhausted when the sums paid under said policies are equal to the lesser of 4
{8 (i) the sum of the limit of liability under all such o
policies, or
_GS*
(ii) two hundred million dollars,
?EEi
\\
l j j 'd (2) a certificate, other than this certificate or a
.s.
?
certificate which has a provision identica]
'V (a) (1)
-2?~
above, shall be deemed to be exhausted when the sums
[$ $ h (i) the sum of the limit of liability under said paid under said policies are equal to the lesser of f7j'e policies, or a s j [j d l j
(ii) one hundred sixty million dollars; e t:,, -
.u j j $
(b) all Master Worker Policies (Facility Worker Form)
"g * ~q?
identified in Item 4 (a) (2) of a certificate shall be
.2 w
s deemed to be exhausted when the sums paid under said i
j j @f j
policies are equal to the lesser of i.? U Z l.t n.
gi (1) 8-2 E h
the sum of the limit of liability available under all such Master Worker Policies, or
.$ h ( {W/
c ns 7
(2) one hundred sixty million dollars plus the amount of 3 -e E. ti
]1 all automatic reinstatements of the Policy Aggregate F-di 3,1
$[
Limit under such policies.
i Effective Date of To form a part of this Endorsement January 1, 1989 of Certificate No.
N-85 j
12:01 A.M. Standard Time i
Issued to Illinois Power Company, Western Illinois Power Cooperative Inc. and i
Soyland Power Cooperative, Inc.
I Date of Issue December 9,1988 For the Su cribing Companies I
\\#
General Manager Endorsement No.
5 countersigned by l
l e
g Nuclear Energy Liability Insurance i
MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS l
I
_ AMENDMENT OF THE DESCRIPTION OF THE FACILITY END0RSEMENT 1
It is agreed that Item 3 of the Declarations, " Description of the Facility" is amended to read:
Location:
All Real and Personal Property, except for those facilities known as the Clinton Lake main dam, visitors center and marina as insured by the Named Insured's other property insurance coverages, located within the boundaries of the site location consisting of land areas bounded by the station boundary lines as shown in Figure 2.1-2 of the Clinton Power Station updated Safety Analysis Report, all located about six (6) miles east of the City of CLINTON in DEWITT COUNTY, east-central ILLIN0IS.
i This is to certify that this is a true copy cf the ocdnj i
Endorwment having the endorcemmt number md ixing mado part of the Nudear Encrgy Liabi:ay Fury ciSty Form) as des-ignatet hereon. No Inm r 4 hereunder.
>NL ~
MnL6 trotub;, N Ihniden' Uxbnwnmg Aw;.m twduu inwrs l
Effective Date of To form a part this Endorsement October 6. 1988 of Policy No M F-121 12:01 A.M. Standard Time Issued to Illinois Power Comoanv. Western Illinois Power Cooperative. Inc. and Soyland Power Cooperative, Inc.
Date of Issue Januarv 10. 1989 For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS
- N.
By
-,m s
20 countersigned by Endorsement No Authorized Representative
f a
l l
~
)
f, Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS l
AttENDMENT OF CONDITION 4 It is agreed that with respect to bodily injury or property damage caused after the effective date of this endorsement by the nuclear energy hazard, the figure "$36,000,000" stated in Condition 4 of this policy is amended to read "$45,000,000."
, Fan is to cer tify g q g g 4
,c W c>l thv> vriginaj Enda mmcot hw' [ ei.. ' ',
of the N u
Er
.'^,e-',
"y;m number and isn3 made Twt m
""" E#iI ' Form) as de3 or A.H he -
."O L :. arm c > e. >;ffors>d i cunder
.i.
, L,u,. "'
"*d* % *7mtins i e.,,
m o,ers Effective Date of To form a part this Endorsement Auaust 31, 1988 of Policy No 12:01 A.M. Standard Time Issued to Illinois Power Comoanv. Western Illinois Power Cnocerative. Inc. and Soyland Power Cooperative Inc.
Date of Issue December 15, 1988 For the Subscribing Companies HUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS 4
By y
v, m
Endorsement No 19 Countersigned by Authorized Representative
3 Nuclear Energy Liability Insurance MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ADVANCE PREMlUM AND STANDARD PREMlUM ENDORSEMENT CALENDAR YEAR 1989 1.
ADVANCE PREMlUM:
It is agreed that the Advance Premium due the companies for the period designated above is:
139.922.00 2.
STANDARD PREMlUM AND RESERVE PREMlUM: 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 Stan-dard Premium is said Advance Premium and the Reserve Premium is:
105,666.00 This is to certdy that this is a true copy of the original Endorsement having the endorsement number and being made part ni the Nuc'ca Energy Liabihty Po icy (Fac% Form) as des-unated ha on. No Insuran, is
'f d-d V/reunder.
.T.
Y& I John L Qu ati, b Vice Pusident lin<ienvrinng
$"'en 8sChn Nud.mi !nat:rers Effective Date of this Endorsement January 1,1989 To form a part of Policy No.
MF-121 12:01 A.M.
Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Soyland Power Cooperative, Inc.
December 15,1988 Date of Issue For the Subscribing Companies MUTUAL ATOMIC ENERGY LIABILITY UND ITERS By Countersigned by l
Endor,sement No.
18 Authorized Representative i
r
= =
_==
-: a 1
NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Increase of Limit of Liability Endorsement
'{
It is agreed that:
o @,
1.
The limit of liability stated in Item 4 of the declarations of
}[1.
the policy is amended to read
$45.000.000.00 This E
amended Itmit applies with respect to obligations assumed or expenses incurred because of bodily injury or property damage y
g caused during the period from the effective date of this q j di f j
endorsement to the date of termination of the policy, by the gg 3
nuclear energy hazard.
8 g>h h
2.
The limit of liability stated in Item 4 of the declarations and:
.l
$ b l.e
/; j the amended limit of liability stated in paragraph I above
,j$
3 shall not be cumulative, and each payment made by the
' Sj $
companies after the effective date of this endorsement for hj~)
5 any loss or expense covered by the policy shall reduce by the jj j[
amount of. such payment both the limit of liability stated in
'~
c Z-,2 j Item 4 of the declarations and the amended limit of liability
-Qw tg 8 0g stated in paragraph 1 above, regardless of which limit of 0 Ell'.
8 liability applies with respect to the bodily injury or property S
$j Oj damage out of which such loss or expense arises.
- .8 u o$
i3dit.S Erective Date of January 1, 1989 To for,m a pare MF-121 this Endorsement af Policy No.
12:01 A.M. Standard Time luued to Illinois Power Company, Western Illinois Power Cooperative, Inc. and Soyland Power Cooperative, Inc.
Date of Issu, December 7, 1988 For the Subscribing Companie's UAL ATOMIC ENERGY LIABILI'I UNDERWRITERS MU" r
i Dy I'
b^
W
^
vt V &
Endorsement No.
17 Countersigned by Avneonsrao RatsasswTATivs
.ME-12 2:'
t'
[
~-
Nuclear Energy Litbuity Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDMENT OF THE DESCRIPTION OF THE FACILITY ENDORSEMENT It is agreed that Item 3 of the Declarations, " Description of the Facility" as amended by Endorsement No'. 25 is further amended to read:
Location:
All Real and Personal Property, except for those facilities known as the Clinton Lake main dam, visitors center and marina as insured by the Named Insured's other property insurance coverages, located within the boundaries of the site location consisting of land areas bounded by the station boundary lines as shown in Figure 2.1-2 of the Clinton Power Station updated Safety Analysis Report, all located about six (6) miles east of the city of CLINTON in DEWITT COUNTY, east-central ILLIN0IS.
l 0;ISufd t'
Tb h ta certifv th', i '
'~
&kbryment hw.c t NC3MM M l
d B3 O O
cf th2 Nude Emna'/ -
/)
imetec hereon. No Inu an 1/j amda 3.
e-Ahn L ' trecchi, v;a cd h r h tva a Ar,m;an hedea irraas Effective Date of this Endorsement October 6. 1988 To form a part of Policy No NF-261 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Sovland Power Cocoerative. Inc.
For the subscribing companies Date of Issue Januarv 10. 1989 By
~
PRESIDENT Endorsement No 39 countersigned by l
O
i
. e!.
j v
i Nuclear Energy I. lability Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION 1
.)
1
'l AMENDMENT OF CONDITION 4 l
It is agreed that.with ' respect to bodily injury or property damage caused after the effectivo date of this endorsement by the nuclear energy hazard, the figure "$124,000,000" stated in Condition 4 of this policy is amended to read "$155,000,000."
This is to cert:!y that this is a true copy of the origne,1 Endormanent hwma the endor:,rment namt er and being niade pert the B' vel. ar Ene:9v Liabday PoDev (Faci i Form) m, des-a v;nwed o No insurent s:"s-Mi
.. nder.
,rs Ma. L CA: -
k Vce Prewknt Underwriting Arnethn Nehir losun r.
Effective Date of this Endorsement August 31, 1988 To form a part of Policy No NF-261 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and Issued to Soyland Power Cooperative, Inc.
Date of Issue December 15. 1988 For t bacribin companies By General Manager Endorsement No 38 countersigned by_
e r.
. Nuclear En:rgy Liability Insurance C
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMlUM AND STANDARD PREMlUM ENDORSEMENT CALENDAR YEAR 1989 1.
ADVANCE PREMlUM lt is agreed that the Advance Premium due'the companies for the period designated above is:
481,953.00 2.
STANDARD PREMluM AND RESERVE PREMluM: Iri 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 Stan-dard Premium is said Advance Premium and the Reserve Premium is:
363,959.00 This it to cernty that this is a true copy of the original Endorsemem having the endorsement nwnbr and being m of the Nue! st Eneig/ Unbilib Policy (Faci' > Form) as des-innated her
- n. No 'nsu
.S.mnn is
. ander.
John L Quam.
Amencan Nudear hsuwesu, Wce Naa ct Underwntmg Effective Date of this Endorsement January 1,1989 To form a part of Policy No.
NF 261 l
12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc. and l
Issued to Snyland Power Cnnnerativn. Inc.
December 15,1988 Date of Issue For the Subs ribing Companies l
j
[lk j
By General Manager j
l Countersigned by Authorized Representative Endorsement No.
37 i
I l
i
e-
+
Nuclear En;rgy LIIbility Insuranca i
NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION INCREASE OF LIMIT OF LIABILITY ENDORSEMENT (After Prior Increase) 1 It'is' agreed that:
1.
The limit of the companies' liability stated in Item 4 of the declarations i
as amended by the Increase of Limit of Liability Endorsement (s) listed below is further amended to read $ 155.000.000.00
- but in the event that any payments have heretofore been made by the companies for loss or expense covered by the policy, each of those limits of liability including
- the limit of liability as amended by this endorsement is reduced in accordance with Condition 3 of the policy by the total amount of those payments, except to the extent that any such reduced limit of liability l
may have been previously restored in accordance with a Restoration of Limit of Liability Endorsement.
2.
The increase in the limit of liability provided by this endorsement applies only 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.
3.
The original limit of liability stated in Item 4 of the declarations, the limit (s) of liability stated in the Increase of Limit of Liability Endorsement (s) listed below 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 each of those limits 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.
Previous Increase of Limit of Liability Endorsement (s)
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Effective Date of this Endorsement January 1. 1989 To form a part of Policy No NF-261 12:01 A.M. Standard Time Illinois Power Company, Western Illinois Power Cooperative, Inc, and Issued to Soyland Power Cooperative, Inc.
Date of Issue December 7, 1988 For the subscribing companies O'
A By PRESIDENT Endorsement No 36 countersigned by NE-12A (1/1/81)
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