ML20210L210

Forwards Endorsements 88 & 89 to Nelia Policy NF-220 & Endorsements 76 & 77 to Maelu Policy MF-73

ML20210L210
Person / Time
Site:	Crane
Issue date:	04/10/1986
From:	Hoffman J MARSH & MCLENNAN, INC.
To:	Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8604290245
Download: ML20210L210 (5)

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WGLennan M & M Nuclear Consultants 1221 Avenue oi the Americas New York, New York 10020-1070 Telephone 212 997-2000 April 10, 1986 Mr. Ira Dinitz State and Licensee Relations Office of State Programs U.S. Nuclear Regulatory Commission Washington, D.C. 20555 Re:

Metropolitan Edison Company et al ANI/MAELU Policies NF-220/MF-73

Dear Ira,

Enclosed are certified copies of recently-issued reinstatement and premium endorsements under the Three Mile Island Facility Form policies.

Regar s,

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'O n Hoffman enclosures cc:

J.L. O'Marra, GPU 8604290245 860410 ADOCK0500gB9 PDR J

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Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT (Extraordinary Nuclear Occurence)

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In accordance with Condition 3 of th'e policy, payments made and expenses To U ~

incurred by the companies' thereunder, from and after the effective date

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y of Endorsement No. 83 has reduced by $478,555.46 X-

E of the companies' liability.

all the stated limits

'"S U U effect on DecemberThe current limit of the companies' liability, being the reduced limit 31, 1985, is hereby restored by the sum of $478,555.46 but only with respect to obligations assumed or expenses incurred because

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k of bodily injury or property damage caused by the nuclear energy hazard due eS D $

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a to an extraordinary nuclear occurence which happens during the period from j

the effective date of this endorsement to the date of termination of the

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. g [ policy and arising out of the ownership, operation, maintenance or use of g

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$ g,g g wdg one or more of the two nuclear reactors situated at the location designated 5,[ in Item 3 of the Declarations; provided, however, that such extraordinary g y *,g $

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nuclear occurence is determined by the Nuclear Regulatory Commission to be g3 an " extraordinary nuclear occurence" pursuant

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'j regulations and the Atomic Energy Act of 1954, as amended, and in effect to the provisions of its a

@M 6 5 on May 1, 1979.

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'$ I y50 fj,E N o Q.] The 112 nits of liability stated in the policy shall not be cumulative. Each g

payment made by the companies after the effective date of this endorcc=cnt

'o j j h for any loss or expense covered by the policy shall reduce by the amount of Og$T o,a such payment every limit of liability, regardless of which limit of liability 3 (*

applies with respect to the bodily injury or property damage out of which g

such loss or expense arises.

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l if[s January 1, 1986 dor ement To form a part of Policy No NF-220 12:01 A.M. Standard Time issued to Matropolitan Edison Company. Jersey Central Power & T.ieht Company. Pennsylvania Electric Company and GPU Nuclear Corporati ' hor the su Date of Issue April 2.1986 tenbing co panies By lA

/r' General Manager Endorsement No 88 Countersigned by

Nuclear Energy Liability insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1986 It is agreed that Items la. and Ib. of Endorsement No.85 are amended to read:

la. ADVANCE PREMIUM:

It is agreed that the Advance Premium due the companies for the period designated above is:

$_215 881.19 Ib.

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 Premium and the Reserve Premium is:

694.504.70 Additional Premium:

$775.00

,,-v of the original This is to certif7 nuNbeS and being made Part at 8 8 g gece er67 the Nucle r panco 13 Sff #d d ignated hereon-g p p,L W 1 l

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yemer Effective Date of this Endorsement

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1986 To form a part of Policy No NF-220 12:01 A.M. Standard Time issued to Metropolitan Edison Company. Jersey Central Power f, Light Company, Pennsylvania Electric Company and GPU Nuclear Corporation Date of issue Aoril 2. 1986 For the su scribin0 co panies By I

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General Manager Endorsement No 89 Countersigned by NE-36

NUCLEAR ENERGY LIABILITY INSURANCE t A d "e MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS a

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_ RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT

%3 (Extraordinary Nuclear Occurence) 5" a

uyag It is agreed that:

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In accordance with condition 3.of the policy, payments made and expenses 8 j {o $

incurred by the companies' thereunder, from and after the effective dace g

a e of Endorsement No.71 has reduced by $138,935.45 all the stated limits fgqd of the companies' liability.

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$D3 The current limit of the companies' liability, being the reduced limit in

$h%g effect on December 31, 1985, is hereby restored by the sum of $138,935.46 ggjg but only with respect to obligations assumed or expenses incurred because I

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$"$g of bodily injury or property damaga caused by the nuclear energy hazard due g

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$ N mH to an extraordinary nuclear occt.rence which happens during the period from gEoe

(~ g the effective date of this endorsement to the date of termination of the

• 5S-policy and arising out of the ownership, operation, maintenance or use of g

one or more of the two nuclear reactors situated at the location designated f.N h f in Item 3 of the Declarations; provided, howevar,'that such extraordinary o#

$ h y.4E nuclear occurence is determined,by the Nuclear Regulatory Commission to be 4

an " extraordinary nuclear occurence" pursuant to the provisions of its

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n" g regulations and the Atomic Energy Act of 1954, as amended, and in effect

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on May 1, 1979.

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'37 The limits of liability stated in the policy shall not be cumulative. Each

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payment made by the companies after the effective date of this endorsement l

for any loss or expense covered by the policy shall reduce by the amount of l

such payment every limit of liability, regardless of which limit of liability applies with respect to the bodily injury or property damage out of which such loss or expense arises.

Effective Date of Tc form a part this Endorsement January 1, 1986 of Policy No g-73 Inue to _ Metropolitan Edison Company, Jersey Central Power & Light Company, Pennsylvania Electric Company and GPU Nuclear Corporation Date of Issu, April 2. 1986 For the Subscribing Companies Mb UAL ATOMIC ENERGY LIApluTY U ' ERWillTERS BY

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v-nt Endorsement No.

76 Counteraigned by J

...L NUCLEAlt,ENEltG Y 1. tan 1 LIT Y INSUltANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITE!tS t.

Amendment of Advance Premium Endorsement Z.

Standard Premium and Reserve Premium Endorsement 3.

Additional Premium Duc 1.

Advance Premium It is agreed that the Amended Advance Premium due che companics for the calendar year 1QR6 is $266.191.31 Z.

Str.ndard Premium and Reserve Premium Subject to the provisions of the Industry Credit Rating Plan, it is agreed that the Standard Premium and Reserve Premium for the calendar year designated above are:

Standard Premium

$266.191.31 Reserve Premium

$201,630.40 3.

Additional Premium

$225.00 Effective Date of To form a part this endorsement January 1, 1986 of Policy No.

MF-73 Issued to Metropolitan Edison Company, Jersey Central Power & Light Company, Pennsylvania Electric company and UFU Nuclear Corporation Date of Issue Anvil 7.

1QR6 For the Subscribing Companies MUTUAL ATO A C ENERGY LIABILITY UNDERV'RITERS By

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Endo rsement No.

77 Counte rsigned by Authorized Representative l

This is to certify that this is a true copy of the original i

Endorsement having the endoraesent number and being made part i

IE-36 of the Nuclear Energy Liability Policy (Fagility Form) as des-ignated hereon. To Insuranco is afforded Hreunder.

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John 1 Quattnehi, Vice Prtaki.wLlabdity Underwriti w American Nuclear lasure-s

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