35-CERT 1 w55356be35-cert.txt 35-CERT FOR CONECTIV DATED NOVEMBER 29, 2001 As filed with the Securities and Exchange Commission on November 29, 2001 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 In the matter of INTERIM CERTIFICATE Conectiv OF File No. 70-9573 NOTIFICATION (Public Utility Holding Company Act of 1935) PURSUANT TO RULE 24 This Certificate of Notification pursuant to Rule 24 (17 C.F.R. Section 250.24) is filed by Conectiv, a Delaware corporation and its nonutility subsidiaries, Conectiv Solutions LLC ("Solutions"), ATE Investment, Inc. ("ATE") and King Street Assurance Ltd. ("KSA"), in connection with transactions proposed in Conectiv's Form U-1 Application-Declaration (the "Application-Declaration") on November 2, 1999 and amended by Amendment No. 1 filed under the Public Utility Holding Company Act of 1935, as amended (the "Act") on February 9, 2000, and authorized by the order of the Securities and Exchange Commission (the "Commission") dated February 10, 2000 (the "Order"), the undersigned hereby submits the following information applicable to the quarter ending September 30, 2001: On July 20, 2001, KSA, acting as reinsurer to Zurich-American Insurance Company and American Zurich Insurance Company, developed and wrote coverage at the primary level on an Owner Controlled Insurance Program for Conectiv's next Combined Cycle Electric Generating Facility Projects. KSA reinsured the first $250,000 under Workers' Compensation, Employers' Liability, and/or Commercial General Liability for each occurrence, subject to an Aggregate Stop Loss of $3,000,000. The transactions described above were carried out in accordance with the terms and conditions of, and for the purposes requested in, the Application-Declaration, and in accordance with the terms and conditions of the Order. SIGNATURE Pursuant to the requirements of the Public Utility Holding Company Act of 1935, the undersigned companies have duly caused this document to be signed on their behalf by the undersigned thereunto duly authorized. The signatures of the applicants and of the persons signing on their behalf are restricted to the information contained in this application which is pertinent to the application of the respective companies. DATE: Conectiv Conectiv Solutions, LLC ATE Investment, Inc. King Street Assurance Ltd. November 29, 2001 By: /s/ Philip S. Reese _________________________ Philip S. Reese Vice President & Treasurer