As Filed with the Securities
and Exchange Commission
on March 22, 2000
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. s 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 period
ending March 31, 2000:
(1) On February 1, 2000, KSA expanded the reinsurance
program to offer a selection of additional insurance services,
including surge protection and "whole house" appliance protection,
to customers in the Southern Region of Conectiv Services, Inc.
("CSI"), as described in the above-mentioned order.
(2) On March 1, 2000, KSA expanded the reinsurance
program to offer a election of additional insurance services,
including surge protection and "whole house" appliance protection,
to the customers in the Northern Region of CSI.
(3) As of April 1, 2000, KSA will be expanding the
reinsurance program to offer a selection of additional insurance
services, including surge protection and "whole house" appliance
protection, to the customers in the Eastern Region of CSI.
(4) KSA is actively working within the property market
developing the structure (i.e., co-insure, re-insure, limits,
deductibles, pricing, fronting insurers, etc.) for the
Transmission & Distribution ("T&D") coverage that Atlantic
City Electric Company and Delmarva Power & Light Company
anticipates to have in place by mid April to May 2000.
<PAGE> 2
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.
DATE: Conectiv
Conectiv Solutions, LLC
ATE Investment, Inc.
King Street Assurance Ltd.
March 22, 2000 /s/Philip S. Reese
Philip S. Reese
Vice President & Treasurer
