ML20235W732
| ML20235W732 | |
| Person / Time | |
|---|---|
| Site: | Braidwood  |
| Issue date: | 10/06/1987 |
| From: | Oster J COMMONWEALTH EDISON CO. |
| To: | Dinitz I Office of Nuclear Reactor Regulation |
| References | |
| 0055G, 55G, NUDOCS 8710190003 | |
| Download: ML20235W732 (14) | |
Text
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Ccmmenwstith Edissn One First National Plaza. Chicago, Illinois V
Address Reply to: Post Office Box 767 Chicago. lilinois 60690 0767 October 6, 1987 l
1 Mr. Ira Dinitz Indemnity Specialist Mail Stop 128 Office of Nuclear Reactor Regulation U.S.
Nuclear Regulatory Commission Washington, D.C.
20555 Re:
Docket No. 50-457 (Braidwood)
Dear Mr. Dinitz:
Pursuant to the instructions issued by ANI and MAELU, enclosed are two certified copies of Certificates N-115 and M-ll5 evidencing Secondary Financial Protection for Braidwood Unit 2.
Sincerely, W
l.Oster J
t System Insurance Superintendent JO/ck Enclosure 0055G I
hoj01 0003 871006
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DOCK 05000457 PDR
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g p-h' hUIUAL A10 HIC ENERGY LIABILITY INERWRITERS
% TO CEH11FY THAT THIS IS A TRUE COPY Of THE ORIGINAL
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mCATE. BEAR lNG THE NUMBER DESIGNATE 0 HEREON, FOR t
+ 1NCE COVERAGE UNDER THE M ASTER PGUCY NUCLEAR ENERGY Certificate No* M-115 N 1f Y INSURANCE (SECONDARY FINANCI AL PROTECTIONI.
4 n n.eANCE IS AFF0flDED B THIS COPY, p
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RWRiff t4G -
Policy No.
I w.sHlCAN NOCLEAR INSURERS CERI'IFICATE OF INSURANCE DECLARATIW S AND BWD 10R PA%1ENT OF ICIBOSPECTIVE PREMIthE 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 Itms 1 and 2 of the Declarations, (b) for the certificate period stated in Itan 6 of the Declarations, (c) to bodily injury or property damage 1
(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 l
hEFC-1 (1/1/83)
Page 1
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'-(3)P which to discovarrd and-for which written claim is made.
jj) N against the insured not Iater,than ten years after the'end'
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of. the certificate period stated in'Itan 6 of the:
- Declarations. However, with respect to bodily injury or-
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' property' damage caused by an'e' extraordinary nuc1 ear' occurrence this subparagraph (3)Lshall not' operate-to bar-coverage for bodily injury or property damage which is discovered anel for which written claim.is made'againststhe insured not later. than twenty years after the date of the extraordinary nuclear occurrence, j
Declarations-
' Item 1.
Named insureds and addresses:
(a) Commonwealth' Edison Company, P.O. Box 767, Chicago, IL. 60690 (b)-
. Item 2.
Additional' insureds:
Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protectlon.
Item 3.
Description and location of nuclear reactor:
Unit II of the Braidwood Nuclear Station is located in Will County, Illinois.
Item 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-294
$124,000,000 hkatual Atomic Energy Liability Underwriter's Policy MF-128
$ 36,000,000 4
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Page 2 of Certificate No, M-115 a
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.(b) Thi fol-ting endorsements,. attached to a primary g
' firiancial' protection policies listed in Item 4 (a) also apply to the insurance afforded by the Master Policy through a
i this certificate as though they.were attached hereto:
(1) Waiver of Defenses Endorsement'(Extraordinary Nuclear Occurrence) and i
(2) Supplementary Endorsement - Waiver of Defenses -
y; Reactor Construction at the Facility, (c) The. limits of liability provided under the primary financial; protection specified in Itan 4 (a) above are not shared with
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any other reactor except as follows:
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I t an 5. -
Limits of Liability: The amount of retrospective pranlun actually received by the conpanies plus the amount of the campanies' contingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master 1
Policy.
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Item 6.
Certificate Period: Beginr.ing at the sane time and date that the Facility Operating License issued by the United States Nuclear Regulatory Comnission for the reactor described in Itan 3 of this certificate becomes effective and continuing to the effective'date and 1
1 time of cancellation or tennination of the Master Policy or this certificate, whichever first occurs, eastern standard time.
1 Itan 7.
Maximum retrospective pranlun (exclusive of allowance for premiun taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
Itan 8.
Portion of the annual pranlun payable for the canpanies' contingent liability described in Condition 4 of the Master Policy from the effective date hereof to the end of calendar year 1987: 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. M-115 O___- _ _ --
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' = BCE XR PADENT OF REIM]6PBCIIVE Ph '.i1MS '
Utow All Men By 'Ihese 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' finnly bound' to the msnbers of Nuclear Energy Liability. Insurance Association subscribing the Master Policy (hereinafter called the "ccrnpanies") to pay to the canpanies all retrospective premiuns and
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allowances for preniun taxes which shall became due and payable 11n accordance with the Master Policy, as it.mny be changed fram. time to time, with interest on I
such praniums and allowances. for taxes. to be cunputed at the rate provided in the Master Policy from the date payment thereof is specified;to be due the i
i conpanies in written notice to the first named insured as provided-in Condition
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- 2 of ~ the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retrospec-tive' premiums and allowances for premiun taxes due and payable or other evidence o'f such amounts due and payable sworn to by a duly authorized representative'of the cmpanies 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 empanies 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 cmpanies may sustain or incur (1) by reason of the failure of the naned insureds to cmply 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 agreanent, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.
Page 4 of Certificate No M-115 e
i he preceding Certificate of Insurance, Declarations and Bond fonn a part of:the Master Policy. Cancellation or tennination 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 pranluns and allowances for pranium.. taxes, as provided in this Certificate and Condition 2 'of the Master Policy.
IN WITNESS WHERBOF, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Praniuns, 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.
l
'. Attest or Witness Named Insureds:
Commonwealth Edison Company (Named, nsured - Type or Print) f By 7 (SEAL)
(Signatu/c of fficer)
Harlan
. Dellsy Vice President & General Counsel (Type or Print Name, & Title of Officer)
Date:
August 18, 1987 (Named Insured - Type or Print)
By (SEAL)
(Signature of Of ficer) j (Type or Print Name & Title of Officer)
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Date:
1 (Named Insured - Type or Print) l By (SEAL) l (Signature of Officer)
I (Type or Print Name & Title of Officer)
Date:
Page 5
of Certificate No. M-115 L_____-_-__
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L IN WITNESS hHERBOF, the conpanies 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 representative.
Attest or Witness For the Subscribing Companies of SUlUAL A7G11C ENERGY LIABILITY UNDERWRITERS D
By:
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\\g Authorized Agent Countersigned by
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(
thorized Representative)
(Subscribing Conpanies)
KRPTATKN OF 100%
Liberty Mutual Insurance Cmpany 50.0000000 Ltnbemen's Mutual Casualty Canpany 50.0000000 Page 6
of Certificate No. M-115
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' *lNIS fr, T.0 CERTIFY THAT TC iS A M ibbMILI'IY INSLRANCE ASSOC 1($ tim CERTiFICME. HEAR!,NG THE vluMBER DESIGr/ATED W4 tog pgg i
IN
_ SURANCE COVERAGE Ut'0EH THE MASTER P0LICY hUC!GH 3
llAWLITY INSURANCE (SECONDARY htfMICIAL PA0 TECH 0d, ENERGV l
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- f.%URANCE 13 AFFORDEO DY Ils COPY, Cortiff.cate N'2, N-115 4.
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l JOHN L QUATTROCCHl'
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. VICE FRESrDENT UA%!TY UN
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BD IUR'PA$ MENT OF IEITOSPi~CTIVE PREMI11W Certificate of. Insurance 5
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'Ihis is to certify that the pedsiend and organizations dee3gnated in. Item 1 of
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the Declarations are nsned insureds under the Masted qolicy - Nuclear Energy Liability insuis{!,y Pi;ccondary Financial Prote,ct!un)',;\\
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herein called the " Master.
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Policy",issuedfbfNucleardergyLiabilityInsuranceAssoci.Stion.
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Such insurance as is provided by the Master Policy applies, thrzagh this cert i ficaid,) only:
l (a) to the insureds identifie! in Items 1 and 2 of the Declaration,% (
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for the certificate p7,;tio1;ctadd in 1 tun 6 of the Declarations, i (b) s s y
(c) to bodily injury,dr 7Lroperty,d gay 2
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(1)/withrespectta%hichthepylmaryfinancialprotection L
hscribed in ItanL4 of the Declarations would apply but for y
I exhausWn of its limit of liability as described in i > \\
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ConMtion 'd of the Master Policy, and t
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(,s (2) which is catised daring the corrificate period stated in Itan i
l Il 6 cf the Declarations by a nuclear incident arising out of l
i or fg. connection e'ih the nuclear reactor described in Item o
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3 of the Decla' cations l:and 3
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NSFC-1 (1/1/83) j Page 1
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'(3) -which. discovsr:d and for which writte.. claim is made' against the insured not. later than ten years after the end of the certificate period stated in Itan 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 1
- discovered and for which written claim is made against the insured not later than twenty years after the date of the extraordinary nuclear occurrence.
Declarations Itan 1.
Named insureds and addresses:
(a) Commonwealth Edison Company, P.O. Box 767, Chicago, IL. 60690 (b)..
Item 2.
Additional insureds:
Any other person or organization who would be insured under the primary financial protection identified in Itan 4 of the Declarations but for exhaustion of the limit of liability of such primary financial protection.
I t an 3.
Description and location of nuclear reactor:
Unit II of the Braidwood Nuclear Station is located in Will County,-Illinois.
Itan 4.
(a)
Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:
Nuclear Energy Liability Insurance Association's Policy NF-294
$124,000,000 Mutual Atanic Energy Liability Underwriter's Policy MF-128
$ 36,000,000 Page 2 of Certificate No. N-115
4 (b) The fol...ing endorsanents, atteched to..s primary financial protection 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 Endorsanent (Extraordinary Nuclear Occurrence) and (2) Supplanentary Endorsanent - Waiver of Defenses -
Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial-protection specified in Itan 4 (a) above are not shared with any other reactor except as follows:
I t an 5.
Limits of Liability: The amount of retrospective praniun actually received by the empanies plus the annunt of the companies' contingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master i
Policy.
Item 6.
Certificate Period: Beginning at the same time and date that the Facility Operating License issued by the United States Nuclear Regulatory Conmission for the reactor described in Itan 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, castern standard time.
I tan 7.
Maxinun retrospective pranlun (exclusive of allowance for praniun j
taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:
$3,875,000.
I t an 8.
Portion of the annual pranian payable for the cmpanies' contingent t
liability described in Condition 4 of the Master Policy fran the effective date hereof to the end of calendar year 1987: The pro rata portion of $5,812.50 for the period fran 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-115
+.
l BE.CR PABENT OF RETROSPECTIVE PR..GE l
Know All Men By These Presents, that the undersigned do hereby acknowledge that they are naned 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 canpanies all retrospective premians and allowances for promits 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 premiuns and allowances for taxes to be computed at the rate provided in the Ma' ster Policy from the date payment thereof is specified to be due the carpanies 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 copics of written notices of retrospec-tive pranluns and allowances for pruniun taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the corrpanies shall be prima facie evidence of the fact and extent of the liability of the naned insureds for such amounts; And it is further expressly agreed that the named insureds will indsmify the empanies against any and all liability, losses and expenses-of whatsoever kind i
or nature (including but not limited to interest, court costs, and counsel fees) which the emipanies may sustain or incur (1) by reason of the failure of the I
named insureds to cmply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions I
of the Master Policy relating to such covenants or provisions; l
l 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.
Page 4 of Certificate No. N-115 _
j
11 H.
.The preceding Certificate'of Insurance, Declarations and Bond form a part of the Master Policy. -' Cancellation or termination of the Master Policy or the 1
Certificate of Insurance shall not affect the named insured's obligations under
- tho' policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy..
I
,IN WI'INESS NEPIDF, the named insureds have caused this Certificate, these Declarations'and this Bond for Payment of Retrospective Premiura, 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.
1 Attest or Witness Named Insureds:
Commonwealth Edison Company (Named Insured - Type or Print) w By
/
(SEAL)
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(/
(Sipat,ureof ff cer)
Harlan ellsy Vice Pr ident & General Counsel (Type or Print Name & Title of Officer)
Date:
(Named Insured - Type or Print)
By (SEAL)
(Signature of Officer)
(Type or Print Name & Title of Officer)
Date:
l (Named Insured - Type or Print)
By (SEAL)
(Signature of Of ficer)
(Type or Print Name & Title of Officer)
Date:
Page 5 of Certificate No. N 115
(
A IN WITNESS MIERBDF, 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 representative'.
I Attest or Witness For the Subscribing Cmpanies of NUCLEAR ENERGY LIABILITY INSUMNCE ASSOCIATION I
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. %, hhyph f1 By-
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'IM-
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y Burt C. Proom, President Countersigned by j'(Authorized Representative)
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Page 6
of Certificate No. N-115 i
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' Aetna Casualty & Surety Co.
10.961359%
Alliance Insurance Company 1.525059%
Allstate Insurance Company 5.337705%
American Home-Assurance Co.
-1.000820%
Continental Casualty Company 5.147073%
Continental Insurance Company 9.531616%
Federal Insurance Company 1.906323%
Fireman's Fund Insurance Co 3.050117%
General Accident Ins. Co. of Amer.
1.525059%
General Ins. Co of America 1.906323%
Hanover Insurance Company
.571897%
Hartford Accid.& Indemnity Co.
9.055036%
~ Hartford Steam Blr.Insp & Ins
.667213%
. l Highlands Insurance Company
.381265%
Home Indemnity Company 1.429742%
Ins. Co. of North America 6.481499%
Hotors Insurance Corporation
.190632%
Ohio Casualty Insurance Company
.190632%
Pacific Indemnity Company
.571897%
Providence Vashington Ins. Co.
.190632%
Reliance Insurance Company
.571897%
Royal Ins. Co. of America 4.003279%
St Paul Fire & Marine Ins Co.
5.779972%
State Farm Fire & Casualty Co
.953162%
Transamerica Insurance Co.
.953162%
Travelers Indemnity Company 12.391102%
U.S. Fidelity & Cuaranty Co.
9.531616%
U.S. Fire Insurance Company 2.573537%
Universal Underwriters Ins Co
.190632%
Zurich Insurance Company 1.429742%
NE-87 I
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