ML21196A180
| ML21196A180 | |
| Person / Time | |
|---|---|
| Site: | Duane Arnold  |
| Issue date: | 06/23/2021 |
| From: | Palaia J American Nuclear Insurers |
| To: | Document Control Desk, Office of Nuclear Reactor Regulation |
| References | |
| Download: ML21196A180 (6) | |
Text
James R. Palaia Vice President, Underwriting June 23, 2021 Attn: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555-0001 Re: Master Worker Policy To Whom It May Concern:
Enclosed are certified copies of endorsements numbered 34 to 37 to the Nuclear Energy Liability Policy (Facility Worker Form) which is a Master Worker Policy in the custody of Nuclear Energy Liability Insurance Association, otherwise known as American Nuclear Insurers (ANI).
Jim Palaia American Nuclear Insurers II 95 Glast.onbury Blvd., Suite 3CO El Glast.onbury, er 06033-4453 jpalaia@huclearinsurance.com II Voice: (860) 682-1301 Ext. 245 L'l\l Fax: (860) 659UXJ2
UNDERWRITING DEPARTMENT Jim Palaia, Vice President June 10, 2021 MEMORANDUM TO OPERATING POWER REACTOR RISK MANAGERS AND THEIR BROKERS Notification of Change in the Number of Power Reactors in the Secondary Financial Protection (SFP) Program Further to our memorandum dated March 30, 2021, we have been advised that the Nuclear Regulatory Commission has granted NextEra Energy Duane Arnold, LLC, Central Iowa Power Cooperative and Corn Belt Power Cooperative an exemption on June 10, 2021, to remove the Duane Arnold Energy Center from the Secondary Financial Protection (SFP) program. Per the request of NextEra Energy Duane Arnold, LLC, Central Iowa Power Cooperative and Corn Belt Power Cooperative, American Nuclear Insurers (ANI) has cancelled the Duane Arnold Energy Center's certificate under the SFP Master Policy effective the same date. As a result of this, the total number of participants in the SFP program has been reduced from 96 to 95.
The total amount of financial protection available for a nuclear incident is now $13,522,836,000*
which is determined as follows:
Primary Limit: $450,000,000 mfil.
Total Amount available under the SFP Program: $13,072,836,000**
- Does not include any additional funds from foreign Convention on Supplementary Compensation for Nuclear Damage (CSC) Contracting States.
- Maximum retrospective premium is $137,608,800 per reactor which includes the 5%
additional assessment pursuant to 42 U.S.C.A. § 2210(o)(1)(E). $137,608,800 x 95 reactors=
$13,072,836,000.
If you have any questions, please don't hesitate to contact me or your account underwriter.
- Regards,
!)~P~
Jim Palaia Vice President, Underwriting c: Nuclear Regulatory Commission - Document Control American Nuclear Insurers liJ 95 Glastonbury Blvd., Suite 300 1:1 Glastonbury, CT 06033-4453 jpalaia@nuclearinsurance.com !ill Voice: (860) 682-1345 1!111 Fax: (860) 659-0002
NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION SUBSCRIBING COMPANIES AND THEIR PROPORTIONATE LIABILITY ENDORSEMENT-TO NUCLEAR ENERGY LIABILITY INSURANCE (FACILITY WORKER FORM)
CALENDAR YEAR1!W,
- 1. It is agreed that with respect to bodily injury caused during the effective period of this endorsement by the nuclear energy hazard:
- a. The word "companies" wherever used in this certificate means the subscribing companies listed below.
- b. The certificate shall be binding on such companies only.
- c. Each such company shall be liable for its proportion, as designated below, of any obligation assumed or expense incurred under the certificate because of such bodily injury.
- 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 effective date and time of the cancellation or other termination of this policy, whichever first occurs, Eastern Standard Time.
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 ~00.000£00 % NE-2021 This is to certify that this is a true copy of the original endorsementavmg eendorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Liability Policy (Facility Worker Form). No insurance is afforded hereunder. :;;;;;:_ (1~.
Jim Palaia, Vice President - Underwriting, American Nuclear Insurers Effective Date of this Endorsement: January 1, 2021 To form a part of Nuclear Energy (12:01 A.M. Standard Time) Liability Policy (Facility Worker Form) which Is a Master Worker Polley In the custody of Nuclear Energy Liability Insurance Association Date of Issue: December 5, 2020 Endorsement No.: 37 Countersigned by COPY
NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION DISCLOSURE NOTICE ENDORSEMENT FOR ACTS OF TERRORISM AS DEFINED IN THE TERRORISM RISK INSURANCE ACT OF 2002, AS AMENDED IN 2007, 2015, AND 2019 In accordance with the federal Terrorism Risk Insurance Act (TRIA) of 2002, as amended in 2007, 2015, and 2019, we are providing Named Insureds with this notice disclosing (1) the portion of your premium attributable to coverage for terrorist acts certified under that Act (2) the U.S. Government's participation in payment of terrorism losses under the Act and (3) the $100 billion cap on liability.
The portion of premium paid under all Certificates and allocated for terrorism losses as defined in TRIA, as amended in 2007, 2015, and 2019, is 8% under this policy and does not include any charges for the portion of losses covered by the U.S. Government under the Act.
The U.S. Government will reimburse American Nuclear Insurers for 80% of losses caused by certified acts of terrorism above a statutorily established deductible paid by American Nuclear Insurers.
TRIA, as amended in 2007, 2015, and 2019, contains a $100 billion cap that limits U.S.
Government reimbursement as well as insurers' liability for losses resulting from certified acts of terrorism when the amount of such losses exceeds $100 billion in any one calendar year. If the aggregate insured losses for all insurers exceed $100 billion, coverage may be reduced.
This is to certify that this is a true copy of the original endorsement having the endorsement number and being made part of the Certificate oflnsurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Liability Policy (Facility Worker Form). No insurance is afforded hereunder.
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Jim Palaia, Vice President- Underwriting, American Nuclear Insurers Effective Date of this Endorsement: January 1, 2021 To form a part of Nuclear Energy (12:01 A.M. Standard Time) Liability Polley (Facility Worker Form) which is a Master Worker Policy in the custody of Nuclear Energy Liability Insurance Association Date of Issue: December 5, 2020 By___,~~~f!::'.:LL~~==----
Endorsement No.: 36 Countersigned b\' - ~ * ,L. tJ,,v;.ufic MWP-2-7 (01/01/21)
COPY
NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORYENDORSEMENT Endorsement Nos. 26 and 27, "DISCLOSURE NOTICE ENDORSEMENT FOR ACTS OF TERRORISM AS DEFINED IN THE TERRORISM RISK INSURANCE ACT OF 2002, AS AMENDED IN 2007 AND 2015", are deleted.
This is to certify that this is a true copy of the original endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance g;.:_ B.b,.
coverage under the Nuclear Energy Liability Policy (Facility Worker Form). No insurance is afforded hereunder.
Jim Palaia, Vice President - Underwriting, American Nuclear Insurers Effective Date of this Endorsement: January 1, 2021 To form a part of Nuclear Energy (12:01 A.M. Standard Time) Liability Policy (Facility Worker Form) which is a Master Worker Policy in the custody of Nuclear Energy Liability Insurance Association Date of Issue: December 5, 2020 Endorsement No.: 35 Countersigned by COPY
NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION AMENDATORY ENDORSEMENT Endorsement No. 1.§, "DISCLOSURE NOTICE ENDORSEMENT FOR ACTS OF TERRORISM AS DEFINED IN THE TERRORISM RISK INSURANCE ACT OF 2002, AS AMENDED IN 2007", is deleted.
This is to certify that this is a true copy of the original endorsement having the endorsement number and being made part of the Certificate of Insurance bearing the number designated hereon for insurance coverage under the Nuclear Energy Liability Policy (Facility Worker Form). No insurance is afforded hereunder. 8c=... {l.b, Jim Palaia, Vice President- Underwriting, American Nuclear Insurers Effective Date of this Endorsement: January 1, 2015 To form a part of Nuclear Energy (12:01 A.M. Standard Time) Liability Policy (Facility Worker Form) which is a Master Worker Policy in the custody of Nuclear Energy Liability Insurance Association Date of Issue: December 5, 2020 Endorsement No.: 34 Countersigned by COPY