ML18092B132

Forwards Endorsements 69 & 68 to Maelu Policy MF-90 & Endorsements 84 & 83 to Nelia Policy NF-230

ML18092B132
Person / Time
Site:	Salem
Issue date:	03/26/1986
From:	Murat A MARSH & MCLENNAN, INC.
To:	Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8604290208
Download: ML18092B132 (5)

Text

Marsh & Mclennan, Incorporated 1221 Avenue of the Americas New York, New York 10020 Telephone 212 997-2000 March 26, 1986 Mr. Ira Dinitz State and Licensee Relations Office of State Programs Nuclear Regulatory Commission Washington, D.C. 20555 Re: Public Service Electric & Gas Company Nuclear Liability Insurance ANI/MAELU Policies NF-230/MF-90 Certified Endorsements

Dear Mr. Dinitz:

On behalf of our client, Public Service Electric & Gas Company, enclosed are two certified copies each of endorsement nos. 83 & 84 to policy No. NF-230; and endorsement nos. 68 & 69 to policy MF-90. Sincerely, . Ayshe .Ilrat _L/ Nuclear Specialist Enc. cc: N. Glenn, PSE&G S. Hogge, M&MNC 8604290208 86032 6 PDR ADOCK 05000272 PDR

.. , NUCLEAH ENEHCY 1..1.J\DILITY INSUIU\.NCE MUTUAL ATOMIC ENERGY LIAI3ILITY UNDEHWRITEHS l... Amendment of Advance Prcinium Endorsement

2. Standard Premiun1 and Hcscrve Prcmiun1 Endorsement

3. Additional Premium Due l. Advance Premium It is agreed that the Amend eel Advance Premium clue the companies for the calendar year 1986 is $249,572.24

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 £.or the calendar year designated above a re: Standard Premium $249,572.24 Reserve Premium $188,999.91

3. Additional Premium $22.50 Effective Date of this endorsement January 1, 1986

• To form a part o! Policy No. MF-90 Issued to Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Power & Light Co., Atlantic City Electric Co. Date of Is sue March 19 1986 Endors{!rncnt No. ME-36 For the Subscribing Companies MUTUAL AT01C UNDER\/ITERS By " -*

-'(.:ifJ.'l \ .,, /.' / t" .*. f.,'/' , / !f / /'.<"'r cl * '.\ .. *<;, ;,.*? /-, . (' .. . :'/" " _.;::(:*,a /*,; .. 69 Countersigned by/' 1: v* -*

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• A1uth0.rizc<l Rep re scnt-at1ve This is to certif'y that this a true copy of' the &1figina).

Endorsement having the endorsement nu1nl1er and .. b.e:l:r;igcmacili/part of the Nuclear Energy Liability Policy (Facility Form} as des-.. :lgnated hereon. N\ Insurance is afforded_

pen under. John L. Qoottroechi, Vioo Prerooont-LW:Jillty Uriderwriting AmeriCM lillmren

_'j, NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Restoration of Limit of Liability Endorserrent Payrrents made and expenses incurred by the carpanies urrler this licy have reduced, in accordance with Condition 3 of the .POlicy, e l.imits of the canpanies' liability stated in Item 4 of the larations and in all Increase of L.imit of Liability Endorserrents.

iThe limit of liability stated in Endorsarent No. 63 which has gbeen is to $ 36, 000, 000,. 00 , This f9 .. '

jrestored lllTUt applies only with respect to obligations assurred . ior expenses incurred because of b:dily injury or property darrage caused by the nuclear energy hazard after the effective date of this endorserent.

> l.imits of liability stated in the .POlicy shall not be Each payrrent IPade by the ccnpanies after the effective l M1ate of this endorserrent for any loss or expense covered by the 1P0licy shall reduced by the arrot.mt of su:::h payrrent every l.imit of .s-Ziiability, regardless of which limit of liability applies with ...:i to the injury or property danage out of which such ..§ or expense arises. Effective Date of January 1 1986 To form a part MF-90 this Endorsement

---**--____

• _______ _...,f Policy No.-------,-----

Issued to Public Service Electric & Gas Company, Philadelphia Electric Co., Delmarva Power & Light-Co., Atlantic City Electric Co. Date of Issuc_ __

_______ _ For the Subscribing G-impanics Endorscrnc::nt No.---* ___ !?§ ____ _ ME-22b ....

..

Effective Date of this Endorsement e e Nuclear Energy Ll*blllty Insurance NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMIUM ENDORSEMENT CALENDAR

__ _ It is agreed that Items la. and lb. of Endorsement No. 81 are amended to read: la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period designated above is: $ 859,637.73 lb. 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: $ 650,999.67 Additional Premium: $77.50 This is tG> certify that this is a true copy of the original Endorsement having the endorsement number and being made part of the Nliclear Energy Liability Policy (Facility Form) as ignated here'On. No Insurance is afforded hereunder.

_____ To form a part of Policy No NF-230 12:01 A.M. Standard Time Issued to Public Service Electric & Gas Company. Philadelphia Electric Co., Delmarva Power & Light Co., Atlantic City Electric Co. Date of Issue March 1 9, 1 986 Endorsement No NE-36 84 Nuclear Energy Liability lnau111nce NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION RESTORATION OF LIMIT OF LIABILITY ENDORSEMENT It is agreed that: Effective Cate of 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 limjt of liability stated in Endorsement No.73 which has been reduced is hereby restored_

to $ 124.00o.ooo.oo 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 applfes with respect to the* bodily injury or property damage out of which such loss or expense arises. this Endorsement January 1. 1986 NF-230

_____ To form* P*rt of Polley No. ______ _ Issued to Public Service Electric & Gas Company, Philadelphia Electric Power & Light Co., Atlantic City Electric Date of Issue March 19. 1986 Endorsement No 83 NE-22b Co., Delmarva I jl j