ML21042A981

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Yankee Nuclear Power Station Independent Spent Fuel Storage Installation - Nuclear Liability Insurance Coverage
ML21042A981
Person / Time
Site: Yankee Rowe
Issue date: 01/27/2021
From: Conry T
Yankee Atomic Electric Co
To:
Office of Nuclear Material Safety and Safeguards
References
BYR 2021-003
Download: ML21042A981 (8)


Text

YANKEE ATOMIC ELECTRIC COMPANY 49 Yankee Road, Rowe, Massachusetts 01367 January 27, 2021 BYR 2021-003 10 CFR 140.15(e)

ATTN: Docmnent Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555 - 0001 Yankee Atomic Electric Company Yankee Nuclear Power Station Independent Spent Fuel Storage Installation NRC License No. DPR-3 {NRC Docket No.50-029) 7 2. -D 3 /

Subject:

Nuclear Liability Insurance Coverage The purpose of this letter is to provide the NRC with proof of financial protection in the form of nuclear liability insurance for the Yankee Nuclear Power Station in accordance with 10 CFR 140.15(e).

Type of Coverage and Markets Limits Purchased Primary Nuclear Liability Insurance American Nuclear Insurers $100 Million Total $100 Million Attachment I provides the pertinent endorsements effective January 1, 2021. It is forwarded to you in accordance with the requirements of 10 CFR 140.15 (e).

If you should have any questions regarding this submittal, please contact me at (508) 612-3322.

Attachment:

1. Nuclear Energy Liability lp.surance, Nuclear Energy Liability Insurance Association, Advance Premium and Standard Premium Endorsements, Calendar Year 2021 .

Yankee Atomic Electric Company BYR 2021-003/January 27, 2021/Page 2 cc: D. Lew, NRC Region I Administrator A. Dimitriadis, Chief, Decommissioning Branch, NRC, Region 1 J. McK.irgan, Chief, Storage and Transportation Licensing Branch, Division of Fuel Management, Office of Nuclear Material Safety and Safeguards

ATTACHMENT 1 TO BYR 2021-003 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENTS CALENDAR YEAR 2021

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR2021

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $231,168.00
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 Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $176,893.00 Effective Date of this Endorsement: January 1, 2021 To form a part of Policy No. NF -0076 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electric Company Date of Issue: November 16, 2020 For the.subscribing companies By*~~

President*

Endorsement No: 236 Countersigned by ,3/4.1. ~

NE-36

NUCLEAR ENERGY LIABrLITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2021

1. It is agreed that with respect to bodily injury, property damage, environmental damage or evacuation of the public caused, during the effective period of this endorsement, by the nuclear energy hazard:
a. The word "companies" wherever used in the policy means the subscribing companies listed below.
b. The policy shall be binding on such companies only.
c. Each such company shall be liable for its proportion of any obligation assumed or expense incurred under the policy because of such bodily injury, property damage, environmental damage or evacuation of the public as designated below.
2. It is agreed that the effective period of this endorsement is from the beginning of the effective date of this endorsement stated below to the close of December 31, 2021 or to the time of the termination or cancellation of the policy, if sooner.

ACE American Insurance Company 11.649968  %

American Commerce Insurance Company 8.321406  %

AXIS Reinsurance Company 27.738020  %

Continental Casualty Company 8.927204  %

Liberty Mutual Insurance Company 16.642812  %

Starr Indemnity & Liability Company 8.927204  %

State Farm Mutual Automobile Insurance Company 9.085866  %

Zurich American Insurance Company 8.707520  %

Total 100.000000 % NE-2021 Effective Date of this Endorsement: January 1, 2021 To form a part of Policy No. NF -0076 (12:01 A.M. Standard lime)

Issued to: Yankee Atomic Electric Company Date of Issue: December 5, 2020

r~ Presi ent Endorsement No.: 237 Countersigned by - ~ * "'- ~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2021

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $42,654.00
2. STAND ARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Advance Premium indicated above, it is agreed that, subject to the provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $32,664.00 Effective Date of this Endorsement: January 1, 2021 To fom, a part of Certificate No. NW -0522 (12 01 A.M Standard nme)

Issued To: Yankee Atomic Electric Company Date of Issue: November 6, 2020 For the subscribing companies By---,¥--'"~==~ ~ - = - - c . . . . __ _

President Endorsement No: 26 Countersigned by ~.L ~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2021

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $39,825.00
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 Industry Credit Rating Plan, the Standard Premium is said Advance Premuim and the Reserve Premium is: $30,198.00 Effective Date of this Endorsement: January 1, 2021 To fonn a part of Policy No. NS -0292 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electrtc Company Date of Issue: November 13, 2020 For the subscribing companies By~~~.~~--

Presldent Endorsement No: 133 Countersigned by ~..L, ~

NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2021

1. It is agreed that with respect to bodily injury, property damage or environmental damage caused, during the effective period of this endorsement, by the nuclear energy hazard:

a The word "companies" wherever used in the policy means the subscribing companies listed below.

b. The policy shall be binding on such companies only.
c. Each such company shall be liable for its proportion of any obligation assumed or expense incurred under the policy because of such bodily injury, property damage or environmental damage as designated below.
2. It is agreed that the effective period of this endorsement is from the beginning of the effective date of this endorsement stated below to the close of December 31, 2021, or to the time of the termination or cancellation of the policy, if sooner.

ACE American Insurance Company 11.649968 %

American Commerce Insurance Company 8.321406 %

AXIS Reinsurance Company 27.738020 %

Continental Casualty Company 8.927204 %

Liberty Mutual Insurance Company 16.642812 %

Starr Indemnity & Liability Company 8.927204 %

State Farm Mutual Automobile Insurance Company 9.085866 %

Zurich American Insurance Company 8.707520 %

Total 100.000000 % NE-2021 Effecbve Date of this Endorsement: January 1, 2021 To form a part of Policy No. NS -0292 (12:01 AM. Standard Time)

Issued to: Yankee Atomic Electric Company Date of Issue: December 5, 2020

rfu~ President Endorsement No.: 134 Countersigned by - ~ * ,/., ~