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| document type = CORRESPONDENCE-LETTERS, INCOMING CORRESPONDENCE, LEGAL/LAW FIRM TO NRC
| document type = CORRESPONDENCE-LETTERS, INCOMING CORRESPONDENCE, LEGAL/LAW FIRM TO NRC
| page count = 37
| page count = 37
}}
=Text=
{{#Wiki_filter:REGULATYINFORMATIONDISTRIBUTIO~SYSTEM(RIDS)ACCESSIONNBR;821230029ffDOC~DATE:82/12/27NOTARIZED:NODOCKETSCIL:50"335St~LuciePlantiUni,t1iFloridaPower8LightCo,0500033550389St.LuciePlant<Unit2iFloridaPower8LightCa+05000369AUTH~NAME'UTHORAFFILIATIONDUCKzJ~REHarsh8HcLennaniIncogH8IHNuclearConsultantsgInc~Div.RE'CIP~NAMERECIPIENTAFFILIATIONSAL'TZMANrJ~AssistantDirectorforState8LicenseeRelations
==SUBJECT:==
ForwardsEndorsements1i283toANICertificateN"598HAELUCertif3cateM59,DISTRIBUTIONCODE:H001SCOPIESRECEIVED:LTR,ENCLSIZE:TITLE:Insurance:Indemni'ty/EndorsementAgreementsNOTES'XTERNAL!LPDRNTIS0300RECIPIENTIDCODE/NAMEINTERNAL:UEZiJREGFILE=01>COPIESLTTRENCL11111111NRCPDR02RECIPIENTIDCODE/NAMENRR/DL/ADL07SPCOPIESLTTRENCL101111TOTALNUMBEROFCOPIESREQUIRED;LTTR7ENCL6 l(Q/P'll-IIIKil'rllif1i,'limni're~g>)i"I*irII,"1<1iilg"rl'31f.JIrlJf'.pi',))1"fr~i9ff><<1)"JJzy>IIr><iI11J~,JJJJ>>>J;1'4'11sgl~~9i'r~J~ee1Jgg$Jlgi1)9"~lrl')1iil(C)JJJ91s(H Marsh&McLennan,Incorporated400NorthAkardStreetDallas,Texas75201Telephone214742-1941December27,1982Mr.JeromeSaltzman.AssistantDirectorState&LicenseeRelationsOfficeofStateProgramsU.S.NuclearRegulatoryCommission>Jashington,D.C.20555FloridaPower&LightCompanyPlantSt.LucieSecondaryFinanci'alProtectionANIandMAELUCertificatesCERTIFIEDCOPIES
==DearJerry:==
EnclosedforyourrecordsarethebelowlisteditemspertainingtotheANIandMAELUSecondaryFinancialProtectionCertificatesofInsuranceN-59andM-59fortheFloridaPower&LightCompanyPlantSt.LucieExcessBinderspreviouslysubmittedtotheNRC.1.TwocertifiedcopieseachofANICertificateN-59(Pages1-6)andEndorsements1,2and3.2.TwocertifiedcopiesofMAELUCertificateIf-59(Pages1-6)andEndorsements1,2and3.InaccordancewithinstructionsreceivedfromANI,theseCertificatestogetherwiththeEndorsementsfulfilltheNRCrequirementtoprovideevidenceofSecondaryFinancialProtectionforPlantSt.LucieUnitl.COQ)UlVIV%CdUOQO~lVOOIV"uQIVShouldyouhaveanyquestions,Jerry,pleasegivemeacall.Verytrulyyours,ohnR.Duck,r.AssistantVicePresidentM&MNuclearConsultantscc:R.E.HindsJ.P.BeyerA.R.Swain,G.M.Florencejf/enclosures 0
NUCLEARENERGYLIABILITYINSURANCEMUTUALATOMICENERGYLIABILITYUNDERWRITERSANNUALPREMIUMENDORSEMENTCalendarYear1983ANNUALPREMIUM:ItisagreedthattheAnnualPremiumduethehiddigdbi:51.0.'i,'hieistooertifythat,thisisan'uecopyoftheoriginalEndorsementhavingtheendorsementnumberandbeingmadepartoftheNuclearEnergyLiability2olicy(FacilityForm)asdes-ignatedhereon.HoInsuranceisaffordedhereunder,JohnL.Quattrocchi,VicePresident-LiabilityUndenvritingAmericanNuclearInsurersEffectiveDateofthisEndorsementJanuary1,1983'oformnnartof'ertificate,No.FloridaPower6LihtComanDateofIsaueDecember151982Fortl)eSul>srril>in@CoinpanieaMI'VAI.h'I'OMIC!I'NI;RClYI.IAPILITYV31".RIVI(I'I'I',RS~--v/13yEndoraementNo.(loonteraiilne<ll>yhnTIIlnnXt;I)It>:nilt'WnH'rATIcn
~1a,)ViL CLEARENERGYLIABILITYINSURANCEMUTUALATOMICENERGYLIABILITYUNDERWRITERSENOORSENENTTOCERTIFICATEOO.FormingPartofMasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)'gecdcdecdcme+%5A~Wgocdoe.rlA~csOItisagreedthatItem4.(a)oftheDeclarationsisamendedtoreadasfollows:Item4.(a)Identificationofrimarfinanc.'alrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:NuclearEnergyLiabilityInsuranceAssociation'sPolicyNF-$124,000,000IctO0IarlC48ISOWCOI~+'IPncJcd~~gAw$giPP~"s>cd~o~'4COQOeOeolOe~affectiveDateof~eTebsEndorsementMa11979FloridaPower8LightCompanys~oIelluotoToformapartofCertificM-59MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88$36,000,000DatoofIssuDecembr1ForthcSubscribingCompaniesMUALATOMICENERGYLIAILITYUERIVRITI"RSDyEndorsementNo.ME-S-2CountcrsigncclhyAIlrllolll'II;IIi(I'I'III"IINTATIYs bll1-I'll 4NUCLEARENERGYLlABlLITYINSURANCEMUTUALATOMICENERGYLlABlLITYUNDERWRITERSg4~+pg.c0'gwa4~a8~m~W4~~uQm+'w@gpmENDORSEMENTTOCERTIFICATENO.FormingPartofMasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)ANNUALPREMIUMENDORSEMENTItis'greedthattheAnnualPremiumsapplicabletotheperiodsdesignatedbelowareasfollows:ForCalendarYear1978EffectiveDateJanuary1,1978AnnualPremium$1,350.00ForCalendarYear1979EffectiveDateJanuary1,1979AnnualPremium$1,350.00ForCalendarYear1980EffectiveDateJanuary1,1980AnnualPremium$1,350.00ForCalendarYear1981EffectiveDate.January1,1981AnnualPremium$1,350.00ForCalendarYear1982EffectiveDateJanuary1,1982AnnualPremium1350F00C~>~oQPg(Da&~eO+SQAoQ~o>isEndorsomentasstatedaboveectiveDateofFlori'diPower8LightCompanyIssuetoToformapartofCertificDateofIsauDecember15,1982ForthoSubscribingCompaniesMUALATOMICENERGYLIAILITYUERiVI(ITERSByEndorsementNo.ME-S-3Countersignedbyhurlloal'IVI>Itt:I'at'WVHTATIVV.
'h~)"ocO><w<~Q2z~aoa>-~tlat~gXhm5crC)~Oca~~cog~~~chmWm~WCC~~l1JczCfl~~~MUTUALATOflICENERGYLIABILITYUNDERWRITERSCertificateNo.FormingPartofMasterPolicyNo.1~cn~*cn~~~WXUJOillClDCOFcn~l+CO~y~~~w~l2:Nr~Qcc>-cr.~mcc:~c~~g~&#x17d;mBONDFORPAYMENTOFRETROSPECTIVEPREMIUMSCertificateofInsurance~I~~W~~illUJ-c'~cAgcD~+o~g~ThisistocertifytoftheDeclarationsCERTIFICATEOFINSURANCEDECLARATIONSANDhatthepersonsandorganizationsdes.ignatedinItem1arenamedinsuredsundertheMasterPolicy-NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection),hereincalledthe"MasterPolicy",issuedbyMutualAtomicEnergyLiabilityUnderwriters.SuchinsuranceasisprovidedbytheHasterPolicyapplies,throughthiscertificate,only:(a)totheinsuredsidentifiedinItems1and2oftheDeclarations,(b).forthecertificateperiodstatedinItem6oftheDeclarations,(1)withrespecttowhichtherimarfinancialrotectiondescribedinItem4oftheDeclarationswouldapplybutforexhaustionofitslimitofliabilityasdescribedinCondition6oftheMasterPolicy,and(2)whichiscausedduringthecertificateperiodstatedinItem6oftheDeclarationsbyanuclearincidentarisingoutoforinconnectionwiththenuclearreactordescribedinItem3oftheDeclarations,andMSFC-1(1/1/83)Pagel gHa~~eaIm
'C,(3)whichisdiscoveredandforwhichwrittenclaimismadesagainsttheinsurednotlatertharitenyearsaftertheendofthecertificateperiodstatedinItem6oftheDeclarations.causedbyanextraordinarnuclearoccurrencethissubparagraphP)'claimismadeagainsttheinsurednotlaterthantwentyyearsafterthedateoftheextraordinarnuclearoccurrence.DeclarationsItem1.Namedinsuredsandaddresses:(a)FloridaPower8LightCompany-P.O.Box529100,Miami,Florida33152(b)Item2.Additionalinsureds:AnyotherpersonororganizationwhowouldbeinsuredundertherimarfinancialrotectionidentifiedinItem4oftheDeclarationsbutforexhaustionofthelimitofliabilityofsuchrimarfinancialItem3.Descriptionandlocationofnuclearreactor:St.LuciePlantlocatedinSt.LucieCounty,Florida.Item4.(a)Identificationofrimarfinancialrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:NuclearEnergyLiabilityInsuranceAssociation'sPolicyHF-227$108,500,000MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88S31,500,000Page2ofCertlf)cateHo.M59
(h)Thefolinningendorsoments.attachedtothe~riinarfinancialrotectionpolicies1istedinItem4(a)alsoapplytotheinsuranceaffordedbytheMasterPolicythroughthiscertificateasthoughtheywereattachedhereto:(1)WaiverofDefensesEndorsement(ExtraordinaryNuclearOccurrence)and(2)SupplementaryEndorsement-WaiverofDefenses-ReactorConstructionattheFacility,(c)Thelimitsofliabilityprovidedundertherimarfinancialr""""''""<"""ni'"'""'"'"<"'anyotherreactorexceptasfollows:Noexceptionsatpresent.Item5.LimitsofLiability:Theamountofretrospectivepremiumactuallyreceivedbythecompaniesplustheamountofthecompanies'on-tingentliability,ifany,pursuanttoConditions2,3and4oftheMasterPolicy.Item6.Itern'.7.CertificatePeriod:Beginningat12:01a.m.onthefirstdayofAugust,1977andcontinuingtotheeffectivedateandtimeofcancellationorterminationoftheMasterPolicyorthiscertificate,whicheverfirstoccurs,easternstahdardtime.Haximumretrospectivepremium(exclusiveofallowanceforpremiumtaxes)payablepursuanttoCondition2oftheMasterPolicywithrespecttoeachnuclearincident:$1,125,000Item8.PremiumpayablepursuanttoCondition1oftheMasterPolicyfortheperiodfromAugust1,19775565.65throughDecember31following:Page3ofCertificateNo.M-59
BONDFORPAYMENTOF.RETROSPIVE.PREMIUMSKnowAllHenByThesePresents,thattheundersigneddoherebyacknowledgethattheyarenamedinsuredsundertheMaster'PolicydescribedintheaboveCertificateofInsuranceandDeclarations.ThenamedinsuredsdoherebycovenantwithandareheldandarefirmlyboundtothemembersofMutualAtcmicEnergyLiabilityUnderwriterssubscribingtheMasterPolicy(here-inaftercalledthe"companies")topaytothecompaniesallretrospectivepremiumsandallowancesforpremiumtaxeswhichshallbecomedueandpayableinaccordancewiththeMasterPolicy,asitmaybechangedfromtimetotime,withinterestonsuchpremiumsandallowancesfortaxestobecomputedatJtherateprovidedintheMasterPolicyfromthedatepaymentthereofisspecifiedtobeduethecompaniesinwrittennoticetothefirstnamedinsuredasprovidedinCondition2oftheMasterPolicyuntilpaid;Anditisherebyexpresslyagreedthatcopiesofwrittennoticesofretro-spectivepremiumsandallowancesforpremiumtaxesdueandpayableorotherevidenceofsuchamountsdueandpayablesworntobya'dulyauthorizedrepresentativeofthecompaniesshallbeprimafacieevidenceofthefactandextentoftheliabilityofthenamedinsuredsforsuchamounts;Anditisfurtherexpresslyagreedthatthenamedinsuredswillindemnifythecompaniesagainstanyandallliability,lossesandexpensesofwhatsoeverkindornature(includingbutnotlimitedtointerest,courtcosts,andcounselfees)whichthecompaniesmaysustainorincur(1)byreasonofthefailureofthenamedinsuredstocomplywiththecovenantsandprovisionsofthisBondand(2)inenforcinganyofthecovenantsorprovisionsofthisBond,oranyprovisionsoftheMasterPolicyrelatingtosuchcovenantsorprovisions;Forthepurposeofrecordingthisagreement,aphotocopyacknowledgedbeforeaNotaryPublictobeatruecopyhereofshallberegardedasanoriginal.Page4ofCertificateNo.M-5g
TheprecedingCertificateofInsurance,DeclarationsandBondformapartoftheMasterPolicy.CancellationorterminationoftheMasterPolicyortheCertificateofInsuranceshallnotaffectthenamedinsured'sIobligationsunderthepolicybrtheBondtopaytheretrospectivepremiumsandallowancesforpremiumtaxes,asprovidedinthisCertificateandCondition2oftheMasterPolicy.IHWITNESSWHEREOF,thenamedinsuredshavecausedthisCertificate,theseDeclarationsandthisBondforPaymentofRetrospectivePremiums,tobesignedandsealedbyadulyauthorizedofficer,tobeeffectiveAugust1,1977easternstandardtime.LihC(NamedInsured-TypeorPrint)'ecfetaryBy(SEAL)(SignatureofOfficer)DavidK.Baldwin,Vice-PresidentC(TypeorPrintName&TitleofOfficer)'I6'NamedInsured-TypeorPrint)By(SignatureofOfficer)(SEAL)(TypeorPrintName8TitleofOfficer)Date:(NamedInsured.-TypeorPrint)(SignatureofOfficer)(SEAL)(TypeorPrintName8TitleofOfficer)Date:'IPage5ofCertificateNo.M-59 1\~$~~IfrINWITNESSWHF,thecompanies'subscribineMasterPolicyhave,causedtheCerificateofInsuranceandtheD&elarationstobesigned'ntheirbehalfby,MutualAtomicEnergyLiabilityUnderwriterstobeeffectiveAugust1,.'g77ea'sternstandardtime,andcountersignedbelowbyadulyauthor'izedrepresentative.AttestorWitnessFortheSubscribingCompaniesofMTUALATOMICENERGYLIABILITYUNDERWTERSBYhorizedAgentCountersignedbyAuthorizedepresentativeSubscribinComaniesPROPORTIONOF100KAmericanMutualLiabilityInsuranceCompany,Wakefield,MAEmployersInsuranceofWausau,AMutualCompany,Wausau,WlLibertyMutualInsuranceCompany,Boston,MALumbermensMutualCasualtyCompany,LongGrove,ILMichiganMutualInsuranceCompany,Detroit,MISentryInsurance,AMutual-.Company,StevensPoint,WI15.000000015.000000030.000000030.00000005.00000005.0000000Page6ofCertificateHo.M-59 S~~NuclearEnergyLiabilityInsuranceNUCLEARENFRGYLIABILITYINSURANCEASSOCIATION'NDORSEMENTTOCERTIFICATENO~FormingPartofHasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)ItisagreedthatItem4.(a)oftheDeclarationsisamendedtoreadasfollows:FItem4.(a)Identificationofrimarfinancialrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:PolicyNF-227rNuclearEnergyLiability,InsuranceAssociation's9124,000,000MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88'$36,000,000Thisistocertifythatthisisa"truecopyoftheoriginal...Endorsortouthavingtheendorsomencnumberandbeingmadepart'oftheNuclearEnergyLiabilityPolicy(FacilityForm)asdes-ignated,hereon.NoInsuranoe.isafforded.hereunder.JohnL.Quattrocchf,YicePresident.LabilityUndmvritingAmericanNuclearInsnrereEffectiveDateofthisEndorsementissuedtoMay1,197912:01A.M.StandardTime'ComanN-59ToformapartorCetttt'tcateNo.DateofIssueDecember15,1982ForhtesucribingcopaniesByGeneralManagerEndorsementNoCountersignedbyNE-S-2
~~IIelt,,a,~1 NuclearEnergyLiabilityinsuranceNUCLEARENERGYLIA8ILITYINSURANCEASSOCIATIONENDORSEMENTTOCERTIFICATENO.N-59FormingPartofMasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)ANNUALPREMIUMENDORSEMENTItisagreedthattheAnnualPremiumsapplicabletothe.periodsdesignatedbelowareasfollows:ForCalendarYear1978EffectiveDateJanuary1,1978AnnualPremium$4',650.00ForCalendarYear1979EffectiveDateJanuary1,1979AnnualPremium$4,650.00ForCalendarYear1980EffectiveDateJanuary1,1980AnnualPremium$4~65000ForCalendarYear1981EffectiveDateJanuary-l,1981AnnualPremium$4i65000ForCalendarYear1982EffectiveDateJanuary1,1982AnnualPremium$4~65000AEffectiveDateofthisEndorsementasstatedabove12:OtA.M.StandardTime,IssuedloF1OI"idaPOWet&LightCOmpanyN-59ToformapartofCertificateNo~tuecopyoftheoriGinaltha<thisid,beinmae->>rtThisistooertifydBmentneeran8-'-EndorsementhavinGlitypolioy(Faoiliytheenorst.pormiaoes-f-"heNuclearEnergyLisafforded.hereunr.1nated,hereon.HoInsurancestits,reochiVicePresidentLiabttityJetitiL.AttiericsnNitclesrittsttrers,DateofIssueDecember15,1982ForthesucribingcopaniesByGeneralManagerEndorsementNoCountersignedbyNE-S-3 f5eKtk%Ih.~tp=s''\ylpl'
'NuclearEnergyLiabilityinsuranceNUCLEARENERGYLlABILITYlNSURANCEASSOCIATIONrANNUALPREMIUMENDORSEMENTCalendarYear1983ANNUALPREMIUM:ItisagreedthattheAnnualPremiumduethe~P'Pi$$$$$i!$$.$.0$Thisisto,oertitythatthisisatrueoopyoitheoriginal,'ndorsementhavingtheendorse~e"-'...~herandbeingmadepart'ftheHttolearEnergyLiabi~itydo.troy(FaoilityPormfasdes-ignate4hereon..NoXnsuranoeisaLordedhereunder.JohnL.Quattrocchi,VicePresident-LiabilityUnderwritftgAmericanNacfaarInsurersEffectiveDateoftnisEndorsement12:01A..StandardTimeIssuedtoFloridaPowerSLlhtComanyDateofIssueDcember151982$orthesucrngcopanlesibI$EndorsementNo3ByCountersignedbyGeneralManager eC,,~g,CI~NC~4 aIJlR~~COIptglg~RQl~Wg~~IJJ~QL'Cl~PSQP~P~cAW~CQtQ~co~~w~NUCLEARENERGYLIABILITYINSURANCEASSOCIATIONCertificateNo.N-5gFormingPartofMasterPolicyNo.1I-aca~~uco2D~~+8+~8CERTIFICATEOFINSURANCEDECLARATIONSANDBONDFORPAYMENTOFRETROSPECTIVEPREMIUMSCertificateofInsuranceThisistocertifythat'thepersonsandorganizationsdesignatedinItem1'oftheDeclarationsarenamedinsuredsundertheMasterPolicy-NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection),hereincalledthe"MasterPolicy",issuedbyNuclearEnergyLiabilityInsuranceAssociation.SuchinsuranceasisprovidedbytheMasterPolicyapplies,throughthiscertificate,only:(a)totheinsuredsidentifiedinItems1and2oftheDeclarations,(b)forthecertificateperiodstatedinItem6oftheDeclarations,d(1)withrespecttowhichtherimarfinancialrotectiondescribedinItem4oftheDeclarationswouldapplybutfor'xhaustionofitslimitofliabilityasdescribedinCondition6oftheMasterPolicy,and'2)whichiscausedduringthecertificateperiodstatedinItem6oftheDeclarationsbyanuclearincidentari-singoutofor'nconnectionwiththenuc'learreactordescribedinItem3oftheDeclarations,andNSFC-1(1/1/83)Page1
'II.5~('gCtlttF'>JI~~It4 (3)whichisdiscoveredandforwhichwrittenclaimismadeagainsttheinsurednotlaterthantenyearsaftertheendofthecertificateperiodstatedinItem6oftheDeclarations.tl,>>dhp~di1causedbyanextraordinarnuclearoccurrencethissubparagraphdphh11I<<I~dipdhdhpdddddhphclaimismadeagainsttheinsurednotlaterthantwentyyearsafterthedateoftheextraordinarnuclearoccurrence.DeclarationsItem1.,Namedinsuredsandaddresses:(a)FloridaPower8LightCompany-P.O.Box529100,Miami,Florida33152(b)Item2.Additionalinsureds:AnyotherpersonororganizationwhowouldbeinsuredundertherimarfinancialrotectionidentifiedinItem4oftheDeclarationsbutforexhaustionofthelimitofliabilityofsuchrimarfinancialIII-'".Item3~Descriptionandlocationofnuclearreactor:St.LuciePlantlocatedinSt.LucieCounty,Florida.Item4.'a)Identificationofrimarfinancialrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:NuclearEnergyLiabili,tyInsuranceAssociation'sPolicyNF-$108,500,000MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88$31,500,000Page2ofCertificateNo.N-59
a~'faa~~(h)Thefollowingendorsements,attachedtothe~rimarfinancialrotectionpolicieslistedinItem4(a)alsoapplytotheinsuranceaffordedbytheMasterPolicythroughthiscertificateasthoughtheywereattachedhereto:(1)WaiverofDefensesEndorsement(ExtraordinaryNuclearOccurrence)and(2)SupplementaryEndorsement-WaiverofDefenses-ReactorConstructionattheFacility,(c)Thelimitsofliabilityprovidedundertherimarfinancialplid'I()<<hdihanyotherreactorexceptasfollows:Noexceptionsatpresent,Item5.LimitsofLiability:Theamountofretrospectivepremiumactually1receivedbythecompaniesplustheamountofthecompanies'on-tingentliability.ifany,pursuanttoConditions2,3and4oftheMasterPolicy.Item6.CertificatePeriod:Beginningat12:01a.m.onthefirstdayofAugust,lg77'ndcontinuingtothe'effectivedateandtimeofcancellationorterminationoftheMasterPolicyorthiscertificate,=.whicheverfirstoccurs,ea'sternstandardtime.IIItem7.Maximumretrospectivepremium(exclusiveofallowanceforpremiumtaxes)payablepursuanttoCondition2oftheMasterPolicywithrespecttoeachnuclearincident:$3,875,000.Item8.PremiumpayablepursuanttoCondition1oftheMasterPolicyforthe'periodfromAugust1,19771,948.35throughDecember31following:Page3ofCertificateNo.N-<~
'P
~rr0BONDFORPAYMENTOFRETROSPECTIVEPREMIUMSKnowAllMenByThesePresents,thattheundersigneddoherebyacknowledgethattheyarenamedinsuredsundertheMasterPolicydescribedintheaboveCertificateofInsuranceandDeclarations.ThenamedinsuredsdoherebycovenantwithandareheldandarefirmlyboundtothemembersofNuclearEnergyLiabilityInsuranceAssociationsubscribingtheMasterPolicy(hereinaftercalledthe"companies")topaytothecompaniesallretrospectivepremiumsandallowancesforpremiumtaxeswhichshallbecomedueandpayableinaccordancewiththeMasterPolicy,asitmaybechangedfromtimetotime,withinterestonsuchpremiumsandallowancesfortaxestobecomputedattherateprovidedintheMasterPolicyfromthedatepay-mentthereofisspecifiedtobeduethecompaniesinwrittennoticetothefirstrnamedinsuredasprovidedinCondition2oftheMasterPolicyunt'ilpaid;Anditisherebyexpresslyagreedthatcopiesofwrittennoticesofretro-spectivepremiumsandallowancesforpremiumtaxesdueandpayableorotherevidenceofsuchamountsdueandpayablesworntobyadulyauthorizedrepresentativeofthecompaniesshallbeprimafacieevidenceofthefactandextentoftheliabilityofthenamedinsuredsforsuchamounts;Anditisfurtherexpresslyagreedthatthenamedinsuredswillindemnifythecompaniesagainstanyandallliability,lossesandexpensesofwhatsoeverkindornature(includingbutnotlimitedtointerest,courtcosts,andcounselfees)whichthecompaniesmaysustainorincur(1)byreasonofthefailureofthenamedinsuredstocomplywiththecovenantsandprovisionsofthisBondaand(2)inenforcinganyof'thecovenantsorprovisionsofthisBond,oranyprovisionsoftheMasterPolicyrelatingtosuchcovenantsorprovisions;Forthepurposeofrecordingthisagreement,aphotocopyacknowledgedbeforeaNotaryPublictobea'truecopyhereofshallberegardedasanoriginal.Page4ofCertificateHo.N-59
TheprecedingCertificateofInsurance,DeclarationsandBondformapart.oftheMasterPolicy.CancellationorterminationoftheMasterPolicyortheCertificateofInsuranceshallnotaffectthenamedinsured'sobligationsunderthepolicyortheBondtopaytheretrospectivepremiumsandallowancesforpremiumtaxes,asprovidedinthisCertificateandCondition2oftheMasterPolicy.INWITNESSWHEREOF,thenamedinsuredshavecausedthisCertificate,theseDeclarationsandthisBondforPaymentofRetrospectivePremiums,tobesignedandsealedbyadulyauthorizedofficer,tobeeffectiveAugust1,1977easternstandardtime.AttestorWitnessNamedInsureds:FloridaPower5LiahtCompany(NamedInsured-TypeorPrint)By(SEAL)p&#xc3;retar~(SignatureofOfficer)'avidK.Baldw'in,Vice-President(TypeorPrintName5TitleofOfficer)Date:(NamedInsured-TypeorPrint)By(SignatureofOfficer)(SEAL)(TypeorPrintName&Title,ofOfficer)Date:By(NamedInsured-TypeorPrint)(SignatureofOfficer)(SEAL}(TypeorPrintName8TitleofOfficer)Date:Page5ofCertificateNo.N-59
INWITNESSWHEREOF,thecompaniessubscribingtheMasterPolicyhavecausedtheCertificateofInsuranceandtheDeclarationstobesignedontheirbehalfbythePresidentofNuclearEnergyLiabilityInsuranceAssociationtobeeffectiveAugust1,1977easternstandardtime,andcountersignedbelowbyadulyauthorizedrepresentative.AttestorWitnessFortheSubscribingCompaniesofNUCLEENERGYLIABILITYINSURANCEASSOCIATIONBYBgtC.Proom,PresidentCountersignedbyAuthorizedRresntativePage~ofCertificateNo.~N-ISA'
}}
}}

Revision as of 09:28, 26 April 2018

Forwards Endorsements 1,2 & 3 to Nelia Certificate N-59 & Maelu Certificate M-59
ML17213A930
Person / Time
Site: Saint Lucie  NextEra Energy icon.png
Issue date: 12/27/1982
From: DUCK J R
MARSH & MCLENNAN, INC.
To: SALTZMAN J
NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8212300294
Download: ML17213A930 (37)


Text

REGULATYINFORMATIONDISTRIBUTIO~SYSTEM(RIDS)ACCESSIONNBR;821230029ffDOC~DATE:82/12/27NOTARIZED:NODOCKETSCIL:50"335St~LuciePlantiUni,t1iFloridaPower8LightCo,0500033550389St.LuciePlant<Unit2iFloridaPower8LightCa+05000369AUTH~NAME'UTHORAFFILIATIONDUCKzJ~REHarsh8HcLennaniIncogH8IHNuclearConsultantsgInc~Div.RE'CIP~NAMERECIPIENTAFFILIATIONSAL'TZMANrJ~AssistantDirectorforState8LicenseeRelations

SUBJECT:

ForwardsEndorsements1i283toANICertificateN"598HAELUCertif3cateM59,DISTRIBUTIONCODE:H001SCOPIESRECEIVED:LTR,ENCLSIZE:TITLE:Insurance:Indemni'ty/EndorsementAgreementsNOTES'XTERNAL!LPDRNTIS0300RECIPIENTIDCODE/NAMEINTERNAL:UEZiJREGFILE=01>COPIESLTTRENCL11111111NRCPDR02RECIPIENTIDCODE/NAMENRR/DL/ADL07SPCOPIESLTTRENCL101111TOTALNUMBEROFCOPIESREQUIRED;LTTR7ENCL6 l(Q/P'll-IIIKil'rllif1i,'limni're~g>)i"I*irII,"1<1iilg"rl'31f.JIrlJf'.pi',))1"fr~i9ff><<1)"JJzy>IIr><iI11J~,JJJJ>>>J;1'4'11sgl~~9i'r~J~ee1Jgg$Jlgi1)9"~lrl')1iil(C)JJJ91s(H Marsh&McLennan,Incorporated400NorthAkardStreetDallas,Texas75201Telephone214742-1941December27,1982Mr.JeromeSaltzman.AssistantDirectorState&LicenseeRelationsOfficeofStateProgramsU.S.NuclearRegulatoryCommission>Jashington,D.C.20555FloridaPower&LightCompanyPlantSt.LucieSecondaryFinanci'alProtectionANIandMAELUCertificatesCERTIFIEDCOPIES

DearJerry:

EnclosedforyourrecordsarethebelowlisteditemspertainingtotheANIandMAELUSecondaryFinancialProtectionCertificatesofInsuranceN-59andM-59fortheFloridaPower&LightCompanyPlantSt.LucieExcessBinderspreviouslysubmittedtotheNRC.1.TwocertifiedcopieseachofANICertificateN-59(Pages1-6)andEndorsements1,2and3.2.TwocertifiedcopiesofMAELUCertificateIf-59(Pages1-6)andEndorsements1,2and3.InaccordancewithinstructionsreceivedfromANI,theseCertificatestogetherwiththeEndorsementsfulfilltheNRCrequirementtoprovideevidenceofSecondaryFinancialProtectionforPlantSt.LucieUnitl.COQ)UlVIV%CdUOQO~lVOOIV"uQIVShouldyouhaveanyquestions,Jerry,pleasegivemeacall.Verytrulyyours,ohnR.Duck,r.AssistantVicePresidentM&MNuclearConsultantscc:R.E.HindsJ.P.BeyerA.R.Swain,G.M.Florencejf/enclosures 0

NUCLEARENERGYLIABILITYINSURANCEMUTUALATOMICENERGYLIABILITYUNDERWRITERSANNUALPREMIUMENDORSEMENTCalendarYear1983ANNUALPREMIUM:ItisagreedthattheAnnualPremiumduethehiddigdbi:51.0.'i,'hieistooertifythat,thisisan'uecopyoftheoriginalEndorsementhavingtheendorsementnumberandbeingmadepartoftheNuclearEnergyLiability2olicy(FacilityForm)asdes-ignatedhereon.HoInsuranceisaffordedhereunder,JohnL.Quattrocchi,VicePresident-LiabilityUndenvritingAmericanNuclearInsurersEffectiveDateofthisEndorsementJanuary1,1983'oformnnartof'ertificate,No.FloridaPower6LihtComanDateofIsaueDecember151982Fortl)eSul>srril>in@CoinpanieaMI'VAI.h'I'OMIC!I'NI;RClYI.IAPILITYV31".RIVI(I'I'I',RS~--v/13yEndoraementNo.(loonteraiilne<ll>yhnTIIlnnXt;I)It>:nilt'WnH'rATIcn

~1a,)ViL CLEARENERGYLIABILITYINSURANCEMUTUALATOMICENERGYLIABILITYUNDERWRITERSENOORSENENTTOCERTIFICATEOO.FormingPartofMasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)'gecdcdecdcme+%5A~Wgocdoe.rlA~csOItisagreedthatItem4.(a)oftheDeclarationsisamendedtoreadasfollows:Item4.(a)Identificationofrimarfinanc.'alrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:NuclearEnergyLiabilityInsuranceAssociation'sPolicyNF-$124,000,000IctO0IarlC48ISOWCOI~+'IPncJcd~~gAw$giPP~"s>cd~o~'4COQOeOeolOe~affectiveDateof~eTebsEndorsementMa11979FloridaPower8LightCompanys~oIelluotoToformapartofCertificM-59MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88$36,000,000DatoofIssuDecembr1ForthcSubscribingCompaniesMUALATOMICENERGYLIAILITYUERIVRITI"RSDyEndorsementNo.ME-S-2CountcrsigncclhyAIlrllolll'II;IIi(I'I'III"IINTATIYs bll1-I'll 4NUCLEARENERGYLlABlLITYINSURANCEMUTUALATOMICENERGYLlABlLITYUNDERWRITERSg4~+pg.c0'gwa4~a8~m~W4~~uQm+'w@gpmENDORSEMENTTOCERTIFICATENO.FormingPartofMasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)ANNUALPREMIUMENDORSEMENTItis'greedthattheAnnualPremiumsapplicabletotheperiodsdesignatedbelowareasfollows:ForCalendarYear1978EffectiveDateJanuary1,1978AnnualPremium$1,350.00ForCalendarYear1979EffectiveDateJanuary1,1979AnnualPremium$1,350.00ForCalendarYear1980EffectiveDateJanuary1,1980AnnualPremium$1,350.00ForCalendarYear1981EffectiveDate.January1,1981AnnualPremium$1,350.00ForCalendarYear1982EffectiveDateJanuary1,1982AnnualPremium1350F00C~>~oQPg(Da&~eO+SQAoQ~o>isEndorsomentasstatedaboveectiveDateofFlori'diPower8LightCompanyIssuetoToformapartofCertificDateofIsauDecember15,1982ForthoSubscribingCompaniesMUALATOMICENERGYLIAILITYUERiVI(ITERSByEndorsementNo.ME-S-3Countersignedbyhurlloal'IVI>Itt:I'at'WVHTATIVV.

'h~)"ocO><w<~Q2z~aoa>-~tlat~gXhm5crC)~Oca~~cog~~~chmWm~WCC~~l1JczCfl~~~MUTUALATOflICENERGYLIABILITYUNDERWRITERSCertificateNo.FormingPartofMasterPolicyNo.1~cn~*cn~~~WXUJOillClDCOFcn~l+CO~y~~~w~l2:Nr~Qcc>-cr.~mcc:~c~~g~ŽmBONDFORPAYMENTOFRETROSPECTIVEPREMIUMSCertificateofInsurance~I~~W~~illUJ-c'~cAgcD~+o~g~ThisistocertifytoftheDeclarationsCERTIFICATEOFINSURANCEDECLARATIONSANDhatthepersonsandorganizationsdes.ignatedinItem1arenamedinsuredsundertheMasterPolicy-NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection),hereincalledthe"MasterPolicy",issuedbyMutualAtomicEnergyLiabilityUnderwriters.SuchinsuranceasisprovidedbytheHasterPolicyapplies,throughthiscertificate,only:(a)totheinsuredsidentifiedinItems1and2oftheDeclarations,(b).forthecertificateperiodstatedinItem6oftheDeclarations,(1)withrespecttowhichtherimarfinancialrotectiondescribedinItem4oftheDeclarationswouldapplybutforexhaustionofitslimitofliabilityasdescribedinCondition6oftheMasterPolicy,and(2)whichiscausedduringthecertificateperiodstatedinItem6oftheDeclarationsbyanuclearincidentarisingoutoforinconnectionwiththenuclearreactordescribedinItem3oftheDeclarations,andMSFC-1(1/1/83)Pagel gHa~~eaIm

'C,(3)whichisdiscoveredandforwhichwrittenclaimismadesagainsttheinsurednotlatertharitenyearsaftertheendofthecertificateperiodstatedinItem6oftheDeclarations.causedbyanextraordinarnuclearoccurrencethissubparagraphP)'claimismadeagainsttheinsurednotlaterthantwentyyearsafterthedateoftheextraordinarnuclearoccurrence.DeclarationsItem1.Namedinsuredsandaddresses:(a)FloridaPower8LightCompany-P.O.Box529100,Miami,Florida33152(b)Item2.Additionalinsureds:AnyotherpersonororganizationwhowouldbeinsuredundertherimarfinancialrotectionidentifiedinItem4oftheDeclarationsbutforexhaustionofthelimitofliabilityofsuchrimarfinancialItem3.Descriptionandlocationofnuclearreactor:St.LuciePlantlocatedinSt.LucieCounty,Florida.Item4.(a)Identificationofrimarfinancialrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:NuclearEnergyLiabilityInsuranceAssociation'sPolicyHF-227$108,500,000MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88S31,500,000Page2ofCertlf)cateHo.M59

(h)Thefolinningendorsoments.attachedtothe~riinarfinancialrotectionpolicies1istedinItem4(a)alsoapplytotheinsuranceaffordedbytheMasterPolicythroughthiscertificateasthoughtheywereattachedhereto:(1)WaiverofDefensesEndorsement(ExtraordinaryNuclearOccurrence)and(2)SupplementaryEndorsement-WaiverofDefenses-ReactorConstructionattheFacility,(c)Thelimitsofliabilityprovidedundertherimarfinancialr""""""<"""ni'"'""'"'"<"'anyotherreactorexceptasfollows:Noexceptionsatpresent.Item5.LimitsofLiability:Theamountofretrospectivepremiumactuallyreceivedbythecompaniesplustheamountofthecompanies'on-tingentliability,ifany,pursuanttoConditions2,3and4oftheMasterPolicy.Item6.Itern'.7.CertificatePeriod:Beginningat12:01a.m.onthefirstdayofAugust,1977andcontinuingtotheeffectivedateandtimeofcancellationorterminationoftheMasterPolicyorthiscertificate,whicheverfirstoccurs,easternstahdardtime.Haximumretrospectivepremium(exclusiveofallowanceforpremiumtaxes)payablepursuanttoCondition2oftheMasterPolicywithrespecttoeachnuclearincident:$1,125,000Item8.PremiumpayablepursuanttoCondition1oftheMasterPolicyfortheperiodfromAugust1,19775565.65throughDecember31following:Page3ofCertificateNo.M-59

BONDFORPAYMENTOF.RETROSPIVE.PREMIUMSKnowAllHenByThesePresents,thattheundersigneddoherebyacknowledgethattheyarenamedinsuredsundertheMaster'PolicydescribedintheaboveCertificateofInsuranceandDeclarations.ThenamedinsuredsdoherebycovenantwithandareheldandarefirmlyboundtothemembersofMutualAtcmicEnergyLiabilityUnderwriterssubscribingtheMasterPolicy(here-inaftercalledthe"companies")topaytothecompaniesallretrospectivepremiumsandallowancesforpremiumtaxeswhichshallbecomedueandpayableinaccordancewiththeMasterPolicy,asitmaybechangedfromtimetotime,withinterestonsuchpremiumsandallowancesfortaxestobecomputedatJtherateprovidedintheMasterPolicyfromthedatepaymentthereofisspecifiedtobeduethecompaniesinwrittennoticetothefirstnamedinsuredasprovidedinCondition2oftheMasterPolicyuntilpaid;Anditisherebyexpresslyagreedthatcopiesofwrittennoticesofretro-spectivepremiumsandallowancesforpremiumtaxesdueandpayableorotherevidenceofsuchamountsdueandpayablesworntobya'dulyauthorizedrepresentativeofthecompaniesshallbeprimafacieevidenceofthefactandextentoftheliabilityofthenamedinsuredsforsuchamounts;Anditisfurtherexpresslyagreedthatthenamedinsuredswillindemnifythecompaniesagainstanyandallliability,lossesandexpensesofwhatsoeverkindornature(includingbutnotlimitedtointerest,courtcosts,andcounselfees)whichthecompaniesmaysustainorincur(1)byreasonofthefailureofthenamedinsuredstocomplywiththecovenantsandprovisionsofthisBondand(2)inenforcinganyofthecovenantsorprovisionsofthisBond,oranyprovisionsoftheMasterPolicyrelatingtosuchcovenantsorprovisions;Forthepurposeofrecordingthisagreement,aphotocopyacknowledgedbeforeaNotaryPublictobeatruecopyhereofshallberegardedasanoriginal.Page4ofCertificateNo.M-5g

TheprecedingCertificateofInsurance,DeclarationsandBondformapartoftheMasterPolicy.CancellationorterminationoftheMasterPolicyortheCertificateofInsuranceshallnotaffectthenamedinsured'sIobligationsunderthepolicybrtheBondtopaytheretrospectivepremiumsandallowancesforpremiumtaxes,asprovidedinthisCertificateandCondition2oftheMasterPolicy.IHWITNESSWHEREOF,thenamedinsuredshavecausedthisCertificate,theseDeclarationsandthisBondforPaymentofRetrospectivePremiums,tobesignedandsealedbyadulyauthorizedofficer,tobeeffectiveAugust1,1977easternstandardtime.LihC(NamedInsured-TypeorPrint)'ecfetaryBy(SEAL)(SignatureofOfficer)DavidK.Baldwin,Vice-PresidentC(TypeorPrintName&TitleofOfficer)'I6'NamedInsured-TypeorPrint)By(SignatureofOfficer)(SEAL)(TypeorPrintName8TitleofOfficer)Date:(NamedInsured.-TypeorPrint)(SignatureofOfficer)(SEAL)(TypeorPrintName8TitleofOfficer)Date:'IPage5ofCertificateNo.M-59 1\~$~~IfrINWITNESSWHF,thecompanies'subscribineMasterPolicyhave,causedtheCerificateofInsuranceandtheD&elarationstobesigned'ntheirbehalfby,MutualAtomicEnergyLiabilityUnderwriterstobeeffectiveAugust1,.'g77ea'sternstandardtime,andcountersignedbelowbyadulyauthor'izedrepresentative.AttestorWitnessFortheSubscribingCompaniesofMTUALATOMICENERGYLIABILITYUNDERWTERSBYhorizedAgentCountersignedbyAuthorizedepresentativeSubscribinComaniesPROPORTIONOF100KAmericanMutualLiabilityInsuranceCompany,Wakefield,MAEmployersInsuranceofWausau,AMutualCompany,Wausau,WlLibertyMutualInsuranceCompany,Boston,MALumbermensMutualCasualtyCompany,LongGrove,ILMichiganMutualInsuranceCompany,Detroit,MISentryInsurance,AMutual-.Company,StevensPoint,WI15.000000015.000000030.000000030.00000005.00000005.0000000Page6ofCertificateHo.M-59 S~~NuclearEnergyLiabilityInsuranceNUCLEARENFRGYLIABILITYINSURANCEASSOCIATION'NDORSEMENTTOCERTIFICATENO~FormingPartofHasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)ItisagreedthatItem4.(a)oftheDeclarationsisamendedtoreadasfollows:FItem4.(a)Identificationofrimarfinancialrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:PolicyNF-227rNuclearEnergyLiability,InsuranceAssociation's9124,000,000MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88'$36,000,000Thisistocertifythatthisisa"truecopyoftheoriginal...Endorsortouthavingtheendorsomencnumberandbeingmadepart'oftheNuclearEnergyLiabilityPolicy(FacilityForm)asdes-ignated,hereon.NoInsuranoe.isafforded.hereunder.JohnL.Quattrocchf,YicePresident.LabilityUndmvritingAmericanNuclearInsnrereEffectiveDateofthisEndorsementissuedtoMay1,197912:01A.M.StandardTime'ComanN-59ToformapartorCetttt'tcateNo.DateofIssueDecember15,1982ForhtesucribingcopaniesByGeneralManagerEndorsementNoCountersignedbyNE-S-2

~~IIelt,,a,~1 NuclearEnergyLiabilityinsuranceNUCLEARENERGYLIA8ILITYINSURANCEASSOCIATIONENDORSEMENTTOCERTIFICATENO.N-59FormingPartofMasterPolicyNo.1NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection)ANNUALPREMIUMENDORSEMENTItisagreedthattheAnnualPremiumsapplicabletothe.periodsdesignatedbelowareasfollows:ForCalendarYear1978EffectiveDateJanuary1,1978AnnualPremium$4',650.00ForCalendarYear1979EffectiveDateJanuary1,1979AnnualPremium$4,650.00ForCalendarYear1980EffectiveDateJanuary1,1980AnnualPremium$4~65000ForCalendarYear1981EffectiveDateJanuary-l,1981AnnualPremium$4i65000ForCalendarYear1982EffectiveDateJanuary1,1982AnnualPremium$4~65000AEffectiveDateofthisEndorsementasstatedabove12:OtA.M.StandardTime,IssuedloF1OI"idaPOWet&LightCOmpanyN-59ToformapartofCertificateNo~tuecopyoftheoriGinaltha<thisid,beinmae->>rtThisistooertifydBmentneeran8-'-EndorsementhavinGlitypolioy(Faoiliytheenorst.pormiaoes-f-"heNuclearEnergyLisafforded.hereunr.1nated,hereon.HoInsurancestits,reochiVicePresidentLiabttityJetitiL.AttiericsnNitclesrittsttrers,DateofIssueDecember15,1982ForthesucribingcopaniesByGeneralManagerEndorsementNoCountersignedbyNE-S-3 f5eKtk%Ih.~tp=s\ylpl'

'NuclearEnergyLiabilityinsuranceNUCLEARENERGYLlABILITYlNSURANCEASSOCIATIONrANNUALPREMIUMENDORSEMENTCalendarYear1983ANNUALPREMIUM:ItisagreedthattheAnnualPremiumduethe~P'Pi$$$$$i!$$.$.0$Thisisto,oertitythatthisisatrueoopyoitheoriginal,'ndorsementhavingtheendorse~e"-'...~herandbeingmadepart'ftheHttolearEnergyLiabi~itydo.troy(FaoilityPormfasdes-ignate4hereon..NoXnsuranoeisaLordedhereunder.JohnL.Quattrocchi,VicePresident-LiabilityUnderwritftgAmericanNacfaarInsurersEffectiveDateoftnisEndorsement12:01A..StandardTimeIssuedtoFloridaPowerSLlhtComanyDateofIssueDcember151982$orthesucrngcopanlesibI$EndorsementNo3ByCountersignedbyGeneralManager eC,,~g,CI~NC~4 aIJlR~~COIptglg~RQl~Wg~~IJJ~QL'Cl~PSQP~P~cAW~CQtQ~co~~w~NUCLEARENERGYLIABILITYINSURANCEASSOCIATIONCertificateNo.N-5gFormingPartofMasterPolicyNo.1I-aca~~uco2D~~+8+~8CERTIFICATEOFINSURANCEDECLARATIONSANDBONDFORPAYMENTOFRETROSPECTIVEPREMIUMSCertificateofInsuranceThisistocertifythat'thepersonsandorganizationsdesignatedinItem1'oftheDeclarationsarenamedinsuredsundertheMasterPolicy-NuclearEnergyLiabilityInsurance(SecondaryFinancialProtection),hereincalledthe"MasterPolicy",issuedbyNuclearEnergyLiabilityInsuranceAssociation.SuchinsuranceasisprovidedbytheMasterPolicyapplies,throughthiscertificate,only:(a)totheinsuredsidentifiedinItems1and2oftheDeclarations,(b)forthecertificateperiodstatedinItem6oftheDeclarations,d(1)withrespecttowhichtherimarfinancialrotectiondescribedinItem4oftheDeclarationswouldapplybutfor'xhaustionofitslimitofliabilityasdescribedinCondition6oftheMasterPolicy,and'2)whichiscausedduringthecertificateperiodstatedinItem6oftheDeclarationsbyanuclearincidentari-singoutofor'nconnectionwiththenuc'learreactordescribedinItem3oftheDeclarations,andNSFC-1(1/1/83)Page1

'II.5~('gCtlttF'>JI~~It4 (3)whichisdiscoveredandforwhichwrittenclaimismadeagainsttheinsurednotlaterthantenyearsaftertheendofthecertificateperiodstatedinItem6oftheDeclarations.tl,>>dhp~di1causedbyanextraordinarnuclearoccurrencethissubparagraphdphh11I<<I~dipdhdhpdddddhphclaimismadeagainsttheinsurednotlaterthantwentyyearsafterthedateoftheextraordinarnuclearoccurrence.DeclarationsItem1.,Namedinsuredsandaddresses:(a)FloridaPower8LightCompany-P.O.Box529100,Miami,Florida33152(b)Item2.Additionalinsureds:AnyotherpersonororganizationwhowouldbeinsuredundertherimarfinancialrotectionidentifiedinItem4oftheDeclarationsbutforexhaustionofthelimitofliabilityofsuchrimarfinancialIII-'".Item3~Descriptionandlocationofnuclearreactor:St.LuciePlantlocatedinSt.LucieCounty,Florida.Item4.'a)Identificationofrimarfinancialrotectionapplicabletothenuclearreactorandlimit(s)ofliabilitythereof:NuclearEnergyLiabili,tyInsuranceAssociation'sPolicyNF-$108,500,000MutualAtomicEnergyLiabilityUnderwriters'olicyMF-88$31,500,000Page2ofCertificateNo.N-59

a~'faa~~(h)Thefollowingendorsements,attachedtothe~rimarfinancialrotectionpolicieslistedinItem4(a)alsoapplytotheinsuranceaffordedbytheMasterPolicythroughthiscertificateasthoughtheywereattachedhereto:(1)WaiverofDefensesEndorsement(ExtraordinaryNuclearOccurrence)and(2)SupplementaryEndorsement-WaiverofDefenses-ReactorConstructionattheFacility,(c)Thelimitsofliabilityprovidedundertherimarfinancialplid'I()<<hdihanyotherreactorexceptasfollows:Noexceptionsatpresent,Item5.LimitsofLiability:Theamountofretrospectivepremiumactually1receivedbythecompaniesplustheamountofthecompanies'on-tingentliability.ifany,pursuanttoConditions2,3and4oftheMasterPolicy.Item6.CertificatePeriod:Beginningat12:01a.m.onthefirstdayofAugust,lg77'ndcontinuingtothe'effectivedateandtimeofcancellationorterminationoftheMasterPolicyorthiscertificate,=.whicheverfirstoccurs,ea'sternstandardtime.IIItem7.Maximumretrospectivepremium(exclusiveofallowanceforpremiumtaxes)payablepursuanttoCondition2oftheMasterPolicywithrespecttoeachnuclearincident:$3,875,000.Item8.PremiumpayablepursuanttoCondition1oftheMasterPolicyforthe'periodfromAugust1,19771,948.35throughDecember31following:Page3ofCertificateNo.N-<~

'P

~rr0BONDFORPAYMENTOFRETROSPECTIVEPREMIUMSKnowAllMenByThesePresents,thattheundersigneddoherebyacknowledgethattheyarenamedinsuredsundertheMasterPolicydescribedintheaboveCertificateofInsuranceandDeclarations.ThenamedinsuredsdoherebycovenantwithandareheldandarefirmlyboundtothemembersofNuclearEnergyLiabilityInsuranceAssociationsubscribingtheMasterPolicy(hereinaftercalledthe"companies")topaytothecompaniesallretrospectivepremiumsandallowancesforpremiumtaxeswhichshallbecomedueandpayableinaccordancewiththeMasterPolicy,asitmaybechangedfromtimetotime,withinterestonsuchpremiumsandallowancesfortaxestobecomputedattherateprovidedintheMasterPolicyfromthedatepay-mentthereofisspecifiedtobeduethecompaniesinwrittennoticetothefirstrnamedinsuredasprovidedinCondition2oftheMasterPolicyunt'ilpaid;Anditisherebyexpresslyagreedthatcopiesofwrittennoticesofretro-spectivepremiumsandallowancesforpremiumtaxesdueandpayableorotherevidenceofsuchamountsdueandpayablesworntobyadulyauthorizedrepresentativeofthecompaniesshallbeprimafacieevidenceofthefactandextentoftheliabilityofthenamedinsuredsforsuchamounts;Anditisfurtherexpresslyagreedthatthenamedinsuredswillindemnifythecompaniesagainstanyandallliability,lossesandexpensesofwhatsoeverkindornature(includingbutnotlimitedtointerest,courtcosts,andcounselfees)whichthecompaniesmaysustainorincur(1)byreasonofthefailureofthenamedinsuredstocomplywiththecovenantsandprovisionsofthisBondaand(2)inenforcinganyof'thecovenantsorprovisionsofthisBond,oranyprovisionsoftheMasterPolicyrelatingtosuchcovenantsorprovisions;Forthepurposeofrecordingthisagreement,aphotocopyacknowledgedbeforeaNotaryPublictobea'truecopyhereofshallberegardedasanoriginal.Page4ofCertificateHo.N-59

TheprecedingCertificateofInsurance,DeclarationsandBondformapart.oftheMasterPolicy.CancellationorterminationoftheMasterPolicyortheCertificateofInsuranceshallnotaffectthenamedinsured'sobligationsunderthepolicyortheBondtopaytheretrospectivepremiumsandallowancesforpremiumtaxes,asprovidedinthisCertificateandCondition2oftheMasterPolicy.INWITNESSWHEREOF,thenamedinsuredshavecausedthisCertificate,theseDeclarationsandthisBondforPaymentofRetrospectivePremiums,tobesignedandsealedbyadulyauthorizedofficer,tobeeffectiveAugust1,1977easternstandardtime.AttestorWitnessNamedInsureds:FloridaPower5LiahtCompany(NamedInsured-TypeorPrint)By(SEAL)pÃretar~(SignatureofOfficer)'avidK.Baldw'in,Vice-President(TypeorPrintName5TitleofOfficer)Date:(NamedInsured-TypeorPrint)By(SignatureofOfficer)(SEAL)(TypeorPrintName&Title,ofOfficer)Date:By(NamedInsured-TypeorPrint)(SignatureofOfficer)(SEAL}(TypeorPrintName8TitleofOfficer)Date:Page5ofCertificateNo.N-59

INWITNESSWHEREOF,thecompaniessubscribingtheMasterPolicyhavecausedtheCertificateofInsuranceandtheDeclarationstobesignedontheirbehalfbythePresidentofNuclearEnergyLiabilityInsuranceAssociationtobeeffectiveAugust1,1977easternstandardtime,andcountersignedbelowbyadulyauthorizedrepresentative.AttestorWitnessFortheSubscribingCompaniesofNUCLEENERGYLIABILITYINSURANCEASSOCIATIONBYBgtC.Proom,PresidentCountersignedbyAuthorizedRresntativePage~ofCertificateNo.~N-ISA'