ML20071E314

Forwards Maelu Certificates M-54 & M-55 & Endorsements 1,2 & 3 to Maelu Master Policy 1

ML20071E314
Person / Time
Site:	Brunswick
Issue date:	03/11/1983
From:	Barham C CAROLINA POWER & LIGHT CO.
To:	Saltzman J NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8303150177
Download: ML20071E314 (19)

Text

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censne powera uent company P. O. Box 155i e Raleigh, N. C. 27602 CHARLES D. SARHAM. JR.

Senior Vice President end Generai Counsel March 11, 1983 Co-1vf Mr. Jerome Saltzman, Chief (O'I d Antitrust and Indemnity Group Nuclear Reactor Regulation Nuclear Regulatory Commission Washington, D.

C.

20555 Re:

Brunswick Steam Electric Plant Secondary Financial Protection MAELU Certificates Nos. M-54 and M-55 with Endorsements 1-3

Dear Mr. Saltzman:

We transmit herewith two certified copies of Certificates Nos.

M-54 and M-55 and Endorsements 1, 2 and 3 issued by MAELU under MAELU Master Policy No. 1 on file with the Commission.

With kindest regards, Yours very truly, Charles D. Barham, Jr.

I CDBjr/bjl Enclosures i

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This is to certify that the persons and organizations designated in Item 1 of the Declarations are named insureds under the Master Policy -

fluclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Eneray Liability Underwriters.

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Such insurance as is provided by the Master Policy applies, through this certificate, only:

i (a) to the insureds identified in Items 1 and 2 of the Declarations, (b) for the certificate-period stated in Item 6 of the Declarations, (c) to bodily injury or property damaae (1) with respect to which the primary financial protection i

described in Item 4 of the Declarations would apply but for exhaustion of its limit of liability as described in Condition i

6 of the Master Policy, and I

l (2) which is caused during the certificate period stated in Item l

l 6 of the Declarations by a nuclear incident arising out of or in connection with the nuclear reactor described in Item 3 of the Declarations, and MSFC-1 (1/1/83)

Page 1

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..s (3) which is discovered and for which written claim is made against the insured not later than ten years af ter the end of the certificate period stated in Item 6 of the Declarations.

Ilowever, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subpar $ graph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years af'.er the date of the extraordinary nuclear occurrence.

Declara tions Item 1.

Named insureds and addresses:

(a) Carolina Power & Light Company - P.O. Box 1551, Raleigh, North Carolina 27602 (b) North Carolina Eastern Municipal Power Agency - P.O. Box 1551, Raleigh, North Carolina 27602 Item 2.

Ad.ditiona n insureds:-

Any other person or organization who would be insured under the primary financial protection identified in Item 4 of the Declarctions but for exhaustion of the limit of liability of such primary financial protection.

Item 3.

Description and location of nuclear reactor:

Unit 1 of the Brunswick Steam Electric Plant located in Brunswick County, North Carolina.

i Item 4.

(a)

Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:

Nuclear Energy Liability Insurance Association's Policy NF-218

$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-80

$ 31,500,000 Page 2 of Certificate No. M-_54 I

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(b)

The following endorsements, attached to the primary financial protection policies listed in item 4 (a) also apply to the insurance af forded by the Master Policy through this certificate as though they were attached hereto:

(1) Waiver of Defenses Endorsement (Extraordinary flucl' ear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with ~

any other reactor except as follows:

Unit 2 of the Brunswick Steam Electric Plant Item 5.

Limits of Liability: The amount of retrospective premium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.

Item 6.

Certificate Period:

Beginning at 12:01 a.m. on the first day of

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Augus t, 1977 and continuing to the effective date and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern statidard time.

Item 7.

Maximum retrospective premium (exclusive of allowance for premium taxes) payable pursuant to Condition 2 of the Master Policy with respect to each nuclear incident:

$1,125,000 Item 8.

Premium payable pursuant to Condition 1 of the Master Policy for the period <from August 1,1977 through December 31 following:

$ 565.65 Page 3 of Certificate fio. M-54

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BOND FOR PAYMENT OF RETROSPECTIVE PREM!UMS Know All Men By These Presents, that the undersigned do hereby acknowledge thac they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual

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Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and allowances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability gf the named insureds for such amounts; i

And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) l which the companies may sustain or incur (1) by reason of the failure of the i

named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; For the purpose of recording this agreement, a photocopy acknowledged before i

a Notary Public to be a true copy hereof shall be regarded as an original.

i Page 4 of Certificate No. M-54 L

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The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Master Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.

IN WITNESS WHERE0F, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1, 1977 eastern standard time.

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Carolina Power & Licht Company (flamed Insured - Type'or Print) a Zl{4/

4 By <Ygdys (SEAL)

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(Sig$ature of Officer [

Secretary (Type or Print flame & Title of Officer)

Date:

7/27/82

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North Carolina Eastern Municip_al' Power Agency (flamed Insured - Type for P'rint) i p

By

/ _(SEAL)

(Signature of Officer)

Assistant-Secretary Treasurer (Type or Print flame & Title of Officer)

Date:

9/9/82 (flamed Insured - Type or Print)

By (SEAL)

(Signature of Officer)

(Type or Print flame & Title of Officer)

Date:

Page 5 of Certificate fio. M-54_

IN WITNESS WHERE0F, the companies subscribing the Master Policy have caused the Certificate of Insurance and the Declarations to be signed

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on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1,1977 eastern standard time, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of MUTUAL ATOMIC ENERGY LIABILITY UNDERW TERS D _. h / 2 / k, __

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'( Autho'rTz d'Representa tive)

Subscribing Companies PROP 0RTION OF 100%

American Mutual Liability Insurance ~ Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual Company, Stevens Point, WI 5.0000000 l

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of Certificate No. M-54

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Certificate of Insurance E$hs'y 592 n u a.-

This is to certify that the persons and organizations designated in Item 1 of tne Declarations are named insureds under the Master Policy -

Nuclear Energy Liability Insurance (Secondary Financial Protection),herein called the " Master Policy", issued by Mutual Atomic Energy Liability Underwriters.

Such insurance as is provided by the Master Policy applies, through this 4

certificate, only:

(a) to the insureds identified in Items 1 and 2 of the Declarations, l

(b) for the certificate period stated in Item 6 of the Declarations, (c) to bodily injury or property damage l

(1) with respect to which the primary financial protection described in Item 4 of the Declarations would apply but for l

exhaustion of its limit of liability as described in Condition i

l 6 of the Master Policy, and (2) which is caused during the certificate period stated in Item 6 of the Declarations by a nuclear incident arising out of l

or in connection with the nuclear reactor described in Item l

3 of the Declarations, and MSFC-1 (1/1/83)

Page 1

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(3) which is discovered and for which written claim is made

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against the insured not later than ten years after the end of the certificate period stated in Item 6 of the Declarations.

However, with respect to bodily injury or property damage caused by an extraordinary nuclear occurrence this subpar $ graph (3) shall not operate to bar coverage for bodily injury or property damage which is discovered and for which written claim is made against the insured not later than twenty years 1

after the date of the extraordinary nuclear occurrence.

Declara tions Item 1.

Named insureds and addresses:

(a) Carolina Power & Light Company - P.O. Box 1551, Raleigh, North Carolina 27602 (b) North Carolina Eastern Municipal Power Agency - P.O. Box 1551, Raleigh, North Carolina 27602 Item 2.

Ad,ditional insureds:-

Any other person or organization who would be irisured under the 1

primary financial protection identified in Item 4 of the Declarations but for exhaustion of the limit of liability of such primary financial

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protection.

Item 3.

Description and location of nuclear reactor:

Unit 2 of the Brunswick Steam Electric Plant located in Brunswick County, North Carolina.

Item 4.

(a)

Identification of primary financial protection applicable to the nuclear reactor and limit (s) of liability thereof:

Nuclear Energy Liability Insurance Association's Policy NF-218

$108,500,000 Mutual Atomic Energy Liability Underwriters' Policy MF-80

$ 31,500,000 l

Page 2 of Certificate rio.

M-55

a (b)

The following endorsements, attached to the primary financial protection policies listed in item 4 (a) also apply to the insurance af forded by the Master Policy through this certificate as though they were attached hereto:

(1) Waiver of Defenses Endorsament (Extraordinary flucl' ear Occurrence) and (2) Supplementary Endorsement - Waiver of Defenses - Reactor Construction at the Facility, (c) The limits of liability provided under the primary financial protection specified in Item 4 (a) above are not shared with any other reactor except as follows:

Unit 1 of the Brunswick Steam Electric Plant Item 5.

Limits of Liability: The amount of retrospective prenium actually received by the companies plus the amount of the companies' con-tingent liability, if any, pursuant to Conditions 2, 3 and 4 of the Master Policy.

Item 6.

Certificate ?eriod: Beginning at 12:01 a.m. on the first day of

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Augus t,1977 and continuing to the eff'ective date and time of cancellation or termination of the Master Policy or this certificate, whichever first occurs, eastern standard time.

l Maximum retrospective premium (exclusive of allowance for premium taxes)

Item *7.

payable pursuant to Condition 2 of the Master Policy with respect to I

cach nuclear incident:

$1,125,000 Item 8.

Premium payable pursuant to Condition 1 of the Master Policy for the period from August 1,1977 througi. December 31 following:

$ 565.65 Page 3 of Certificate flo. M-55 i

5

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BOND FOR PAYMENT OF RETROSPECTIVE PREMlUMS Know All Men By These Presents, that the undersigned do hereby acknowledge that they are named insureds under the Master Policy described in the above Certificate of Insurance and Declarations. The named insureds do hereby covenant with and are held and are firmly bound to the members of Mutual Atomic Energy Liability Underwriters subscribing the Master Policy (here-inafter called the " companies") to pay to the companies all retrospective premiums and allowances for premium taxes which shall become due and payable in accordance with the Master Policy, as it may be changed from time to time, with interest on such premiums and allowances for taxes to be computed at the rate provided in the Master Policy from the date payment thereof is specified to be due the companies in written notice to the first named insured as provided in Condition 2 of the Master Policy until paid; And it is hereby expressly agreed that copies of written notices of retro-spective premiums and al;owances for premium taxes due and payable or other evidence of such amounts due and payable sworn to by a duly authorized representative of the companies shall be prima facie evidence of the fact and extent of the liability of the named insureds for such amounts; And it is further expressly agreed that the named insureds will indemnify the companies against any and all liability, losses and expenses of whatsoever kind or nature (including but not limited to interest, court costs, and counsel fees) which the companies may sustain or incur (1) by reason of the failure of the named insureds to comply with the covenants and provisions of this Bond and (2) in enforcing any of the covenants or provisions of this Bond, or any provisions of the Master Policy relating to such covenants or provisions; i

For the purpose of recording this agreement, a photocopy acknowledged before a Notary Public to be a true copy hereof shall be regarded as an original.

Page 4 of Certificate No. M-55

,,n' The preceding Certificate of Insurance, Declarations and Bond form a part of the Master Policy. Cancellation or termination of the Mastar Policy or the Certificate of Insurance shall not affect the named insured's obligations under the policy or the Bond to pay the retrospective premiums and allowances for premium taxes, as provided in this Certificate and Condition 2 of the Master Policy.

IN WITNESS WHERE0F, the named insureds have caused this Certificate, these Declarations and this Bond for Payment of Retrospective Premiums, to be signed and sealed by a duly authorized officer, to be effective August 1,1977 eastern standard time.

3s, Carolina Power & Lig'ht Company '

(Named Insured - Type or Print) 4 46/

b' By et,N3" (SEAL)

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(SignatureofOffice[

Secretary (Type or Print Name & Title of Officer)

Date:

1. ( 7 North Carolina Eastern fibniNoAT Pbwer Agency

.es (flamed Insured - Typej.or, {rint).

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By EAL) l k

(Signature of Officer);,,

Assistant-Secretary Treasurer (Type or Print flame & Title of Officer)

Date:

9/9/82 (flamed Insured - Type or Print)

By (SEAL)

(Signature of Officer)

(Type or Print flame & Title of Of ficer)

Date:

Page 5 of Certi fica te No. M-5_5,_

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IN ' WITNESS WfiERE0F, the companies subscribing the Master Policy have i

caused the Certificate of Insurance and the Declarations to be signed on their behalf by Mutual Atomic Energy Liability Underwriters to be effective August 1,1977 eastern standard time, and countersigned below by a duly authorized representative.

Attest or Witness For the Subscribing Companies of i

MUTUAL ATOMIC ENERGY LI/BILITY UNDERWRI RS I

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Subscribing Companies PROP 0RTION OF 100%

American Mutual liability Insurance Company, Wakefield, MA 15.0000000 Employers Insurance of Wausau, A Mutual Company, Wausau, WI 15.0000000 Liberty Mutual Insurance Company, Boston, MA 30.0000000 Lumbermens Mutual Casualty Company, Long Grove, IL 30.0000000 Michigan Mutual Insurance Company, Detroit, MI 5.0000000 Sentry Insurance, A Mutual C$mpany, Stevens Point, WI 5.0000000 1

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Page 6

of Certificate No. M-55

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL. ATOMIC ENERGY LIABILITY UNDERWRITERS END0RSEMENT TO CERTIFICATE NO. M-54 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums applicable to the periods designated below are as follows:

T For Calendar Year 1978 h$

Effective Date January 1, 1978 a';

Annual Premium

$1,350.00 E,8 o

[u 8 y For Calendar Year 1979 g (e I.4 Effective Date January 1, 1979 o

g Annual Premium

$1,350.00 S##@

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For Calendar Year 1980 gj Effective Date January 1, 1980 s,, b. g Qu Annual Premium

$1,350.00 g;

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For Calendar Year 1981 Effective Date January 1,1981

$8( l Annual Premium

$1,350.00 a8 e808 e

For Calendar Year 1982 E 'S *$ g

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E Effective Date January 1,1982 g)

Annual Premium

$1,350.00 se ea P!

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.tfaYnYo a as stated above of cur $if$c *a No M-54 ent Sg#*

e e Carolina Power and Light Company ooN E "5 o e to er December 15, 1982 Date of Isaua For the Subscribing Companies M

UAL ATOMIC ENERGY LIApILITY U ERWRITERS Y --

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Endorsement No.

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NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.

M-54 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

It is agreed that Item 4.(a) of the Declarations is amended to read

+> E 4,g as follows:

'a " e c.8 a 3N7 Item 4. (a)

Identification of primary financial protection o Wh 4 m% 34 applicable to the nuclear reactor and limit (s) 7 2; g v

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of liability thereof:

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• E this Endorsement May 1. 1979 of Certificato Nn M-54 iS si t 3 Carolina Power & Light Company Issueto-December 15, 1982 Date of Isaua For the Subscribing ^Uompanies Mb UAL ATOMIC ENERGY LIAJ/IILITY U ERWRITERS N_

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Endornement No.

Countersignc<l by /

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NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:

It is a9 reed that the Annual Premium due the companies for the period designated above is: $ 1,350.00 This is to certify thn thin 1~*a tr e copy of the original Endorsement havin; *. r. 2 a n ^ n.1 Sning made part of the Nuclear Eno:

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(c -cility Farra) as des-ig,;1ated hereon. No lasuranco u ancrded nereunder.

John L. Quattrocchi Vice President-Liability Urderwriting American Nuclear Ineurers t

Effective Date of To form n part j

this Endora, ment January 1,1983 of Certificate No.

M-54 l

Carolina Power & Light Company Iuuo to l

Date of Iuua December 15, 1982 i

For the Subscribing Companies MI; 'UAI, ATOMIC ENEltGY I,lA III,ITY UNJ)EftWitITEllS O'

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' NUCLEAR ENERGY LIABillTY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO. M-55 Forming Part of Master Policy No. 1 Nuclear Energy Liability Insurance (Secondary Financial Protection)

ANNUAL PREMIUM ENDORSEMENT It is agreed that the Annual Premiums appiicable to the periods designated below are as follows:

y t$ "E For Calendar Year 1978 E.8 E Effective Date January 1, 1978

%8W Annual Premium

$1,350.00 2 cc 8 -

S'S For Calendar Year 1979 y

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s Effective Date January 1, 1979

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Annual Premium

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g Et 8 $ #

For Calendar Year 1980 8#!e8 E

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Effective Date January 1, 1981

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$1,350.00

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For Calendar Year 1982

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as stated above of Certificata Mn M_55 l

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UAL ATOMIC ENERGY LIApILITY U - ERWRITERS

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NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ENDORSEMENT TO CERTIFICATE NO.

M-55 Forming Part of Master Policy No.1 Nuclear Energy Liability Insurance (Secondary Financial Protection) th It is agreed that Item 4.(a) of the Declarations is amended to read n '*

a g,g 2 as follows:

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Item 4. (a)

Identification of primary financial protection oSN EE!?li

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applicable to the nuclear reactor and limit (s) o'o 1 ;;

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of liability thereof:

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j g.g j Nuclear Energy Liability Insurance Association's "M33 j

6ma Policy NF 218

$124,000,000 o

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"e Mutual Atomic Energy Liability Underwriters' Ga'E h

5 04S a-Policy MF 80

$36,000,000 x " sa B

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$ !30 ik 1$$Nb N

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. I li e Effectivo Date of To form n part u

l*N this Endorsement May 1, 1979 of Certificato Nn_

M-55 1

Carolina Power and Light Company l

l December 15, 1982 Dak of b j

For the Subscribing Companies l

M UAL ATOMIC ENERGY LIAp'IUTY U ERWRITERS

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Counternigned by, A uremuimi lu:nwerativ :

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C NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS ANNUAL PREMIUM ENDORSEMENT Calendar Year 1983 ANNUAL PREMIUM:

It is agreed that the Annual Preniium due the companies for the period designated above is: $ 1,350.00 This is to certify that this is a true copy of the original Endorsement having the endorcament ua.nor and being made part of the Nuclear Energy Liabilli/ Policy (Facility Form) as des-Ignated hereon. No Insurance is afforded hereunder.

.s.

l John L. Quattr* chi. Vice President-Liability Underwriting Amencan Nuclear Insurers i

Effective Date of To form a nart I

this Endorsement January 1,1983 of Certificate No.

H-55 Carolina Power t, Light Company y

,g Date of Issue December 15, 1982 For the Subscribing Companies Mt;l't.IAI, ATOMIC ENERGY LIAJIILITY ll )ERWillTEltS lly Q-kC_

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En<loraement No.

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