ML22038A206

Yankee Nuclear Power Station Independent Spent Fuel Storage Installation - Nuclear Liability Insurance Coverage

ML22038A206
Person / Time
Site:	Yankee Rowe
Issue date:	01/20/2022
From:	Conry T Yankee Atomic Electric Co
To:	Office of Nuclear Material Safety and Safeguards
References
BYR 2022-002
Download: ML22038A206 (8)

Text

YANKEE ATOMIC ELECTRIC COMPANY 49 Yankee Road, Rowe, Massachusetts OJ 367

January 20, 2022 BYR 2022-002 10 CFR 140.15(e)

ATTN: Document 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) _z __ D _3 )

7

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).

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'PrimiifNu~i~~/1i~6'ifity 1In~~;r~ii'~;elmitrhir1* irl~ur~ii :,;:.:;/,; *./-:i1-~.0 Million

Total $100 Million provides the pertinent endorsements effective January 1, 2022. 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.

Respectfully, Hoo; j;~:'55 zip

Attachment:

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1. N uc:ie~r Eh6;gy L:i.abiiity I~sufaric*e, Ntitlear: Ert~rg{ Uabi'lity Insurance Asscicia.tio11,., 'I Advance Premium -a,nd S::t:rnd~rd ~temiµ11,1.En_dorsements, Calendar Ye.ar.2022... _ _ _____ _

• • ,,. ',. 1..,~.* *.* \\.,,,;,,. *,,~"-*-":., ~ *:*-:~'.: _*::~.,., ** : ;rl Yankee Atomic Electric Company BYR 2022-002/January 20, 2022/Page 2

cc: D. Lew, NRC Region I Administrator A. Dimitriadis, Chief, Decommissioning Branch, NRC, Region 1 J. McKirgan, Chief, Storage and Transportation Licensing Branch, Division of Fuel Management, Office of Nuclear Material Safety and Safeguards ATTACHMENT 1 TO BYR 2022-002

NUCLEAR ENERGY LIABILITY INSURANCE

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENTS

CALENDAR YEAR 2022 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT

CALENDAR YEAR 2022

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $231,179.00

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: $176,902.00

Effective Date of this Endorsement: January 1, 2022 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 2, 2021 For the subscribing companies

By _____...!,~......:......,_~~....:....._U_* --

President

Endorsement No: 238 Countecsigned by !),.,;._ P.Jµ;._

NE-36 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2022

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, 2022 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-2022

Effective Date of this Endorsement: January 1, 2022 To form a part of Policy No. NF -0076 (12:01 A.M. Standard Time)

Issued to: Yankee Atomic Electric Company

Date of Issue: December 6, 2021 For the subs ribing companies

Endorsement No.: 239 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT

CALENDAR YEAR 2022

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $42,653.00

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: $32,663.00

Effective Date of this Endorsement: January 1, 2022 To form a part of Certificate No. NW -0522 (12:01 AM. Standard Time)

Issued To: Yankee Atomic Electric Company

Date of Issue: November 10, 2021 For the subscribing companies

By -~~rtt~7~'U_* __

President Endorsement No: 27 Countersigned by [) "'"- P~

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT

CALENDAR YEAR 2022

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 ofa 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, 2022 To form a part of Policy No. NS -0292 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electric Company

Date of Issue: October 11, 2021 For the subscribing companies

By___..:~----=----..;,,.~~.....:.........~-* --

President

Endorsement No: 135 Countersigned by f),,,;._ P ~

NE-36 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2022

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, 2022, 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-2022

Effective Date of this Endorsement: January 1, 2022 To form a part of Policy No. NS -0292 (12:01 A.M. Standard Time)

Issued to: Yankee Atomic Electric Company

Date of Issue: December 6, 2021

President

Endorsement No.: 136 Countersigned by ___ [)__,_,-+-=~""'-* __.A..... ~..... '-='=*,__ ____ _