ML18092A766

Forwards Endorsements 78 & 79 to Nelia Policy NF-230 & Endorsements 63 & 64 to Maelu Policy MF-90

ML18092A766
Person / Time
Site:	Salem
Issue date:	09/06/1985
From:	Hogge S MARSH & MCLENNAN, INC.
To:	Dinitz I NRC OFFICE OF STATE PROGRAMS (OSP)
References
NUDOCS 8509110011
Download: ML18092A766 (5)

Text

Marsh & Mclennan, Incorporated 1221 Avenue of the Americas New York, New York 10020 Telephone 212 997-2000 September 6, 1985 Mr. Ira Dinitz State and Licensee Relations Off ice of State Programs Nuclear Regulatory Cormnission Washington, D.C. 20555 Re: Public Service Electric and Gas Company Nuclear Liability Policies NF-230/MF-90

Dear Ira:

On behalf of PSE&G, please find enclosed two certified copies of the following policy endorsements.

Policy Endorsement No.

NF-230 78 79 MF-90 63 64 Sincerely,

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Steven D. Hogge Jlo?r---

Nuclear Consultant SDH/gsj Enc.

cc: R. Griffiths - PSE&G

• Nucl~r NUCLEAR ENERGY LIABILITY INSURANCE ASSOCIATION Energy Llablllty lnauranoe 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 wi.th 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. 71 which has been reduced is hereby restored to $ 124,ooo,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

~his endorsement.

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

Each payment made by the companies afte.r. tile ~ffective 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 inju.ry or property damage out of which such loss or expense arises.

Ertective Date of this End*orsement_ _ _ _ Ju_l';'.1~;;::'i\'.O~o".'-:-A-;~M:.9._8S~51:':'a':""nd7a:-r~d-;T'="'"lm_e_ _ _ _ _To form a part of Polley No_~N:...F---'2:::.:3~0::_.._ _

Issued to Power & Delmarva Date of Issue August 26, 1985 Endorsement No _ __..;.,_78.;;___ _ __

NE.,.22b

• ~uclear Energy Llablllty Insurance e NUCLEA.R ENERGY LIABILITY INSURANCE ASSOCIATION ADVANCE PREMIUM AND STANDARD PREMI.UM ENDORSEMENT CALENDAR YEAR . 1985 It is agreed that Items la. and lb. of Endorsement No. 77 are amended to read:

la. ADVANCE PREMIUM: It is agreed that the Advance Premium due the companies for the period design~ted above is: * $ 660.438.12 lb. STANDARD PREMIUM AND RESERVE PREMIUM: In the

~bsence of a change in the Advance Premium indicated above, ft is agreed that, subject to the provisions of the Industry

• Credit Rating Plan, the Standard Premium _is _said A~van_ce

• ~

Premium and the Reserve Premium is: $ 499 607.97 Additional Premium: $77.50 This is to certify that this is. a true copy o:f the. original E d ement having the endorsement number and being made :part 0 ~ : : Nuclear Energy Liability Policy (Facility Form) as des-ignated hereon. No Insurance is a:f:forded ~reunder.

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J ohn L. Quattrocc 1, 2

ice re=-11,.

American Nuclear Insurers bili"ty*U-"~

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- 'ti"ng Effective Date of this Endorsement January l, 1985 To form a part of Policy No NF-230*

12:01 A.M. Standard Time lssuedto Public Se:vice Electric & Gas Company, Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric Company

• Date of Issue August 26, 1985 For the su cribing co panies Endorsement No 79 Countersigned NE-36

NUCLEAR ENERGY LIABILITY INSURANCE MUTUAL ATOMIC ENERGY LIABILITY UNDERWRITERS Restoration of Limit of Liability Endorserrent It is agreed that:

1. Payrrents made arrl expenses incurred by the ccrnpanies under this policy have reduced, in accordance with Condition 3 of the policy, the limits of the canpanies' liability stated in Item 4 of the Declarations and in all Increase of Limit of Liability Endorserrents.

2. The l.im.it of liability stated in Endorsarent No. 57 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 lxrlily injury or property d.anage caused by the nuclear energy hazard after the effective date of this endorserent.

3. The limits of liability stated in the policy shall not be cumulative. Each payrrent made by the carpanies after the effective date of this endorserrent for any loss or expense covered by the policy shall reduced by the arrount of soch payrrent every limit of liability, regardless of which limit of.liability applies with respect to the lxrlily injury or prq:eity ~g~_ out. 9f which such loss or expense arises.

~~ective Date of July l, 1985 To form a part tn1s Endorsement - - - * * - - * - - * - - = - - - - - - - - - . . u f Policy No.-*_ _..:..MF=._-....::.9~0:___ __

Issued to Public Service Electric & Gas Company, Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric Company Date of Issuc:.e-~A:.:.u=:lg2-u::.s=-t=--2::::c.:..6.z...,-=l-=-9-=-8=-5-------~

For the Subscribing Oimpanies M~U'UAL ATOMIC ENER~Y L.IAI3ILITY DERWRITERS

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. h~ ,f .fl~*~ (J -~ p~~ ,7 Endorsement No. ____63 -*-**--*-*--- * .

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IJ. -~Ol.IZED RlPREJl'..~T,\TIVf./':j1 ME-22b 'rhis is to certify that this ~s a true copy or "tne(£¢rigin,al

..*::** Endorsement having the endorsement number and be~*

of the Nuclear Energy Li~ ty Policy I Facility F ,frm) as des-n made part ignated hereon. No Insur ce is affor~~nd *.*-*

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John L. ttrocchi, Vice President-Liability Underwriting Ametiwn Nnde,.r In<:jrti>ts

NUCLEAH ENEHCY LIAIHLITY INSURANCE MUTUAL A TO MIC ENERGY LIABILITY UNDEH W RITEHS

l. Amendment of Advance Prc1nium Endorscn1cnt

2. Standard Premiun1 and H.csc rve Prcmiun1 Endo rscmcnt

3. Additional Premium Due I. Advance Premium It is agreed that the Amended Advance Premium due the companies for the calendar year 1985 is $191, 740.10

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 _ _._$""1~9""1'",.;....74-'-0~.1~0.-......_ _ __

Reserve Premium $145_,047 .48 ,.. .,

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3. Additional Premium 22. 50

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Effective Date of To form a part this endorsement January. 1 1985* *of Policy No. MF-90 Is sued to Public Service Electric & Gas Company, Philadelphia Electric Company, Delmarva Power & Light Company, Atlantic City Electric Company Date of Is sue August 26, 1985 For the Subscribing Companies MUTUAL AT01C ENERGY ~IAEILITY UNDERz,RITERS

. By.,

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\?') r.f'.tf" Jl ,.. it _/) -J-~.Y Endo rs<!mcnt No. 64 Countersigned by \l:..J*:l,t 1:;:. .I' f"~/J ,,....,/* ...:~**<> ~ ,(.?

41l>>'1;g ~~t--B~"'tt~rlr'-c<s c.p'1t'~t~~u2 This is to certify that this is a {faru4'6opy of the or1i~1 E dorsement having the endorsement number and being m~e part 0 ~ the Nuclear Energy Liability Policy (Facility; Form) as des*

ME-36 ignated her.eon. No Insurance is afforded her.eu __r_*

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~ . -Liability Underwriting h L Quattrocchi, Vfoe President .

Jo n . . Nuclear Insurers Amencan .