ML23026A080

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Company - Property Insurance Coverage
ML23026A080
Person / Time
Site: Maine Yankee
Issue date: 01/17/2023
From: Conry T
Maine Yankee Atomic Power Co
To:
Document Control Desk, Office of Nuclear Material Safety and Safeguards
References
OMY-23-003
Download: ML23026A080 (1)


Text

MAINE YANKEE 321 Old Ferry Road, Wiscasset, Maine 04578 January 17, 2023 OMY-23-003 10 CFR 50.54(w)(3)

ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555 - 0001 Maine Yankee Atomic Power Company Maine Yankee Independent Spent Fuel Storage Installation NRC License No. DPR-36 (NRC Docket No. 50-309)

Subject:

Property Insurance Coverage The purpose of this letter is.to notify the NRC of the amount of property insurance coverage in force for 2023 for the Maine Yankee Plant in accordance with 10 CFR 50.54(w)(3).

Type of Coverage and Markets Limits Purchased Primary Nuclear Property Insurance

$50 Million Northcourt Limited Total $50 Million If you should have any questions regarding this submittal, please contact me at (860) 267-6426.

Respectfully, Timothy Conry Treasurer cc: R. Lorson, NRC Region I Administrator A. Dimitriadis, Chief, Decommissioning Branch, NRC, Region 1 Y. Diaz-Sanabria, Chief, Division of Fuel Management, Storage and Transportation Licensing Branch

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MAINE YANKEE 321 Old Ferry Road, Wiscasset, Maine 04578 January 17, 2023 OMY-23-002 10 CFR 140.15(e)

ATTN: Document Control Desk U.S. Nuclear Regulatory Commission Washington, DC 20555 - 0001 Maine Yankee Atomic Power Company Maine Yankee Independent Spent Fuel Storage Installation NRC License No. DPR-36 (NRC Docket No. 50-309)

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 Maine Yankee Plant 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, 2023. 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 (860) 267-6426.

Respectfully, Timothy Conry Treasurer

Attachment:

1. Nuclear Energy Liability Insurance, Nuclear Energy Liability Insurance Association, Advance Premium and Standard Premium Endorsements, Calendar Year 2023 cc: R. Lorson, NRC Region I Administrator A. Dimitriadis, Chief, Decommissioning Branch, NRC, Region 1 Y. Diaz-Sanabria, Chief, Division of Fuel Management, Storage and Transportation Licensing Branch

ATTACHMENT 1 TO OMY-23-002 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND ST ANDARI> PREMIUM ENDORSEMENTS CALENDAR YEAR 2023

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2023

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $283,387.00
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: $216,992.00 Effective Date of this Endorsement: January 1, 2023 To form a part of Policy No. NF -0194 (12:01 A.M. Standard Time)

Issued To: Maine Yankee Atomic Power Company Date of Issue: November 8, 2022 For the subscribing companies By Al\ ,17~

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President Endorsement No: 218 Countersigned by f) IM'- P,J,.,.;,.

NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2023

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, 2023 or to the time of the termination or cancellation of the policy, if sooner.

ACE American Insurance Company 11.347794 %

American Commerce Insurance Company 8.105567 %

AXIS Reinsurance Company 27.018556 %

Continental Casualty Company 9.992543 %

Liberty Mutual Insurance Company 16.211134 %

Starr Indemnity & Liability Company 9.992543 %

State Farm Mutual Automobile Insurance Company 8.850198 %

Zurich American Insurance Company 8.481665 %

Total 100.000000 % NE-2023 Effective Date of this Endorsement: January 1, 2023 To form a part of Policy No. NF -0194 (12:01 A.M. Standard Time)

Issued to: Maine Yankee Atomic Power Company Date of Issue: December 5, 2022

rfue&~?U President Endorsement No.: 219 Countersigned by ___[)--,,,-=1---(hil\.-*_A.:....o<.,~=---=..;;..=*

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2023

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, 2023 To form a part of Policy No. NS -0482 (12:01 A.M. Standard Time)

Issued To: Maine Yankee Atomic Power Company Date of Issue: November 9, 2022 For the subscribing companies By Af\

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.-rft President Endorsement No: 106 Countersig'ned by  !) ,.;._ P.,L,.,:,,

NE-36

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2023 I. 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, 2023, or to the time of the termination or cancellation ofthe policy, if sooner.

ACE American Insurance Company 11.347794 %

American Commerce Insurance Company 8.105567 %

AXIS Reinsurance Company 27.018556 %

Continental Casualty Company 9.992543 %

Liberty Mutual Insurance Company 16.211134 %

Starr Indemnity & Liability Company 9.992543 %

State Farm Mutual Automobile Insurance Company 8.850198 %

Zurich American Insurance Company 8.481665 %

Total 100.000000 % NE-2023 Effective Date of this Endorsement: January 1, 2023 To form a part of Policy No. NS -0482 (12:01 A.M. Standard Time)

Issued to: Maine Yankee Atomic Power Company Date of Issue: December 5, 2022 Endorsement No.: 107 Countersigned by _ _ _[)"""""""'~(ht\..~*~e-~~~-*______

Presi ent

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 2023

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, 2023 To form a part of Certificate No. NW -0578 (12:01 A.M. Standard Time)

Issued To: Maine Yankee Atomic Power Company Date of Issue: October 25, 2022 For the subscribing companies By ____,;:~.....;,___,_;__J]__:__~_.- -

President Endorsement No: 29 Countersigned by f) . ,;._ P.Jw