ML18089A551

Forwards Endorsements 68 & 69 to Nelia Policy NF-230 & Endorsements 54 & 55 to Maelu Policy MF-90

ML18089A551
Person / Time
Site:	Salem
Issue date:	03/21/1984
From:	Golden M MARSH & MCLENNAN, INC.
To:	Saltzman J NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8403280058
Download: ML18089A551 (5)

Text

Marsh & Mclennan, Incorporated 1221 Avenue of the Americas New York, New York 10020 Telephone 212 997-2000 March 21, 1984 Mr. Jerome Saltzman Assistant Director-State

& Licensee Relations Off ice of State Programs U.S. Nuclear Regulatory Commission Washington, D.C. 20555 Re: Public Service Electric & Gas NF-230, MF-90

Dear Jerry:

On behalf of PSE&G, enclosed ydu will find eight certified copies of Endorsements 68 and 69 to NF-230 and 54 and 55 to MF-90. Very truly yours, Michael P. Golden l . Nuclear Consultant

}fPG:ef encs.

Effective Date of this Endorsement

• Nuclear Energy Liability lns9nce NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR YEAR 1984 It is agreed that Items la. and lb. of Endorsement No. 66 ---are amended to read: la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the compani2s for the period designated above is: $ 690,067.75 lb. STANDARD PREMIUM AND RESERVE PREMIUM: In the absence of a change in the Premium indicated above. it is agreed that. subject to provisions of the Industry Credit Rating Plan, the Standard Premium is said Advance Premium and. the Reserve Premium is: $ 522,126.49 Additional Premium: $77.50 Thia ia to certify that this is a true copy o:f the original Endorsement he.virrg ths endorsement number and being made part of the Nuclear Energy Liability Policy (F .cility Form) as des-; .i3 af'forde .1ereunder.

1gnated Insuranoo John L. {fuu trocc!ti, \'ice Ammicnn Nucie-0i*

!rnm.r1;>rs January 1, 1984* To form a part of Policy No NF-230 p bl* S . 12:01 A.M. Standard Time --------Issued to u le erv1ce Electric & Gas Company, Ph"l d 1 h" 1 la e P la E ectric Co., Delmarva Power & Light Co., Atlantic City Electric Co. Dale of ls'.l.ue March 1 2, J 984 By_ Enaorsemen1 No 69 -------tff-36 Countersioned by __________

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• NuclNr Energy Llablllty NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that: 1. Payments made and expenses incurred by the companies under this policy have reduced, in accordance with Condition 3 of the policy, the limits of the companies' liability stated in Item 4 of the Declarations and in all Increase of Limit of Liability Endorsements.

2. The limit of liability stated in Endorsement No. 62 which has* been reduced is hereby restored to $124,000,000.00 This restored limit applies only with respect to obligations assumed or expenses incurred because of bodily injury or property damage caused by the nuclear energy hazard after the effective date of this endorsement.

3. The limits of liability stated in the policy shall not be cumulative.

Each payment made by the companies after the effective date of this endorsement for any loss or expense covered by the policy shall reduce by the amount of 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. ffhis is to certi!Y that this is a true copy of the original . Endorsement bavirtg the endorsement n.umber and being m$.de pa.rt ot the Nuclear Energy Liability Policy ( aoility Form) as des* tgnated hereon. No Insurance is af'forde hereunder.

John L. Quattroechi, Vice President*Liability Underwriting American Nuclear Insurers Effective Date of tn1:s Enaorsement January 1, 1984 To form a part of Polley No NF-230 12:01 A.M. SIMndard Time lssutdto Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Power & Light Co., Atlantic City Electric ca:* Date of March 12, 1984 Endorsement No _6_8 ______ _ Countersloned by _______ _ NE-22b e I NUCLEAH ENEl{C Y LLADILITY INSUHANCE MUTUAL ATOMIC ENERGY LIABILITY UNDEilWIUTEl{S

l. Amendment of Advance P rc1nium Endo rscn1cnt 2. Standard Pren1iun1 and Re sc rve Premium Endo rscment 3. Additional Premium Due l. Advance Premium It is agreed that the Amended Advance Premium due the companies for the calendar year 1984

• is $200,342.25

2. Standard 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 a re: Standard Premium $200, 342. 25 Reserve Premium $151,585 .11 3. Additional Premium $22.50 Effective Date of To form a part this endorsement January l, 1984 of Policy No. MF-90 Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Issued to Power & Light Co., Atlantic City Electric Co. Date of Is sue March 12, 1984 Endo rscment No. ME-36 For the Subscribing Companies 55 C-Ount-ersign-e<l by Authorized Representative Thia is to certif'y that this is a true copy of the original Endorsement having the endorse;nent number and being made pa.rt of the Nuclear Energy Liability Policy (Facil y Form) as 1-t*d hereon, Ho 1a afforde der,

• John I** QnuttrCX'.chi, Vice President-Liability Underwriting Americ.nn Nuclear Jnsurer.;

"'* NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Restoration of Limit of Liability Endorserrent It is agreed that: l. 2. Payrrents nade and expenses incurred by the crnpanies urrler this }'.X:)licy have reduced, in accordance with Condition 3 of the }'.X:)licy, the limits of the canpanies' liability stated in Item 4 of the Declarations and in all Increase of Limit of Liability Errlorserrents.

The limit of liability stated in Endorserrent No. 49 which has been reduced is hereby restored to $36,000,000.00

• This restored limit applies only with respect to obligations assurred or expenses incurred because of l:x::dily injury or property damage caused by the nuclear energy hazard after the effective date of this errlorserent.

The limits of liability stated in the }'.X:)licy shall not be cumulative.

Each payrrent rrade by the ccnpanies after the effective date of this endorserrent for any loss or expense covered by the }'.X:)licy shall reduced by the arrrn.mt of soch payrrent every limit of liability, regardless of which limit of liability applies with respect to the lx:dily injury or property damage out of which such loss or expense arises. Effective Date of J l l 84 To form a part this Endor.;ement

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Policy N o, _

______ _ Issued to Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Power & Li:*ght Co. , Atlantic City Electric Co. Date of Issue March 12' 1984 For the Subscribing CAmpanies DER WRITERS Endorsement

'No. __ 54_. _ *-*------

by . *---*-----

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_-\UT>IOalZfO R!FKESDITATIV*

ME-22b ...