ML24057A021

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

ML24057A021
Person / Time
Site:	Yankee Rowe
Issue date:	01/12/2024
From:	Conry T Yankee Atomic Electric Co
To:	Document Control Desk, Office of Nuclear Material Safety and Safeguards
References
BYR 2024-002
Download: ML24057A021 (8)

Text

mill 1 YANKEE ATOMIC ELECTRIC COMPANY

49 Yankee Road, Rowe, Massachusetts 01367

January 12, 2024 BYR 2024-002 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 Nos.50-029 and 72-311

Subject:

Nuclear Liability Insurance Coverage

The purpose of this letter is to provide the NRC with proof of fmancial 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.SI 00 Million

Total $100 Million

Attachment 1 provides the pertinent endorsements effective January 1, 2024. 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.

Respectfiilly,

'Timothy Conry Jcj 0^1 Treasurer

Attachment:

1. Nuclear Energy Liability Insurance, Nuclear Energy Liability Insurance Association, aY^A A Advance Premium and Standard Premium Endorsements, Calendar Year 2024 Yankee Atomic Electric Company BYR 2024-002/January 12, 2024/Page 2

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 BYR 2024-002

NUCLEAR ENERGY LIABILITY INSURANCE

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENTS

CALENDAR YEAR 2024 NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT

CALENDAR YEAR 2024

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $256,948.00

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: $196,690.00

Effective Date of this Endorsement: January 1, 2024 To form a part of Policy No. NF -0076 (12:01 A.M. Standard Time)

Issued To:. Yankee Atomic Electric Company

Date of Issue: : October 23, 2023 For the subscribing companies'

By President

Endorsement No: 243 Countersigned by t J

NE-36 NUCLEAR ENERGY LIABILITY INSURANCE

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

CHANGES IN SUBSCIHBING COMPANIES AND IN THEIR PROPORTIONAfE LIABILITY ENDORSEMENT CALENDAR YEAR 2024

1. It is agreed that with respect to bodily injury, property damage, environmental damage or eyacuation 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., Ea.ch 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, 2024 or to the time of the termination or cancellation of the policy, if sooner. '

ACE American Insurance Company 11.158252 %

American Commerce Insurance Company. 7.150816%

AXIS Reinsurance Company 23.836053 %

Continental Casualty Company. : 9.825638 %

Liberty Mutual Insurance Company 19.068843 %

Starr Indemnity & Liability Company 11.918027 %

State Farm Mutual Automobile Insurance Company 8.702374 %

Zurich Aiherican Insurance Company 8.339997 %

Total 100.000000% NE-2024

Effective Date of this Endorsement: January 1,2024 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 12, 2023 For the subs9ribing companies

By.

President

Endorsement No.: 244 Countersigned by.

NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMHJM AND STANDARD PREMIUM ENDORSEMENT

CALENDAR YEAR 2024

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $48,200.00

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: $36,911.00

Effective Date of this Endorsement: January 1, 2024 To form a part of Certificate No. NW -0522 (12:01 A.M. Standard Time)

Issued To: Yankee Atomic Electric Company

Date of Issue: September 19, 2023 For the subscribing companies

By

President

Endorsement No: 29 Countersigned by ( J NUCLEAR ENERGY LIABILITY INSURANCE NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT

CALENDAR YEAR 2024

1. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $44,320.00

2. STANDARD PREMIUM AND RESEiRVE 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: $33,630.00

Effective Date of this Endorsement: January 1, 2024 To form a part of Policy No. NS -0292 (12:01 A.M. Standard Time)

Issued To:. Yankee Atomic Electric Company

Date of Issue: November 9, 2023 For the subscribing companies

By President

Endorsement No:. 140 Countersigned by ( J 0*^

NE-36 NUCLEAR ENERGY LIABILITY INSURANCE

NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION

CHANGES IN SUBSCRIBING COMPANIES AND IN THEIR PROPORTIONATE LIABILITY ENDORSEMENT CALENDAR YEAR 2024

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 iinider 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 begirming of the effective date of this endorsement stated below to the close of December 31, 2024, or to the time of the termination or cancellation of the policy, if sooner.

ACE American Insurance Company 11.158252 %

American Commerce Insurance Company, 7.150816%

AXIS Reinsurance Company 23.836053 %

Continental Casualty Company,. 9.825638 %

Liberty Mutual Insurance Company 19.068843 %

Starr Indemnity & Liability Company 11.918027 %

State Farm Mutual Automobile Insurance Company 8.702374 %

Zurich American Insurance Company 8.339997 %

Total 100.000000% NE-2024

Effective Date of.

this Endorsement: January 1,2024 To form a part of Policy No.MS -0292 (12:01 A.M. Standard Time).

Issued to: Yankee Atomic Electric Company.

Date of Issue: December 12, 2023 For the sut^jscribing companies

B-y_

President

Endorsement No.: 141 Countersigned by ( )