Insurance Archive

The following business transactions of the Port Authority and its subsidiaries are being reported pursuant to section X (q) (i) of the bylaws.

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REPORT:

The following insurance transactions have taken place during the period of July 1, 2010 through September 30, 2010.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Excess Boiler & Machinery Insurance 07/01/10
to
 07/01/11
$66,000 J.P. West, Inc. Continental Casualty Company
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center General Liability Coverage 08/31/10
to
08/31/11
$5,287,400 Aon Risk Services, Inc. ACE Bermuda; ARK Syndicate; Aspen;  Assicurazioni Generali; AWAC; Catlin Syndicate; Endurance; GSINDA; Hiscox; Lexington; Liberty Mutual; National Union Fire Insurance Company; Starr; XL Re
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center Workers' Compensation Coverage 08/31/10
to
08/31/11
$2,179,647 Aon Risk Services, Inc. Insurance Co. of the State of Pennsylvania

REPORT:

The following insurance transactions have taken place during the period of April 1, 2010 through June 30, 2010.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Master Contractor's Insurance Program (CIP)
General Liability Coverage:
06/01/10 
to       
06/01/11
$26,365,740 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC; ARK Syndicate; Aspen; Atrium Syndicate; Lexington UK; XL
Property Damage and Loss of Revenue Insurance: 06/01/10
to
06/01/11
$23,672,531 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC; ACE Bermuda; ACE USA; ACE Westchester; Allianz; Allied World Assurance Co.; Alterra; ARCH USA; Aspen Re; AXIS; Berkshire Hathaway; CV Starr; Endurance; Essex; Facultative Re; Glacier Re; Hannover Re; Hiscox US; Infrassure; Ironshore; Korean Re; Lexington; Liberty Mutual; Lloyd's of London; Maiden Re; Montpelier Re; Munich Re; Navigators; Paris Re; Partner Re; RLI Re; RSUI; Swiss Re; Taiping Re; XL Re; Zurich
Property Damage and Loss of Revenue Insurance 
Terrorism Coverage TRIPRA* Coverage
06/01/10    
to    
06/01/11
$3,263,250 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC; Lexington
Fidelity and Computer Fraud Insurance 04/01/10 
to    
04/01/11
$30,992 Massey Agency, Inc. National Union Fire Insurance Company

*Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA)

REPORT:

The following insurance transactions have taken place during the period of January 1, 2010 through March 31, 2010.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Automobile Liability Insurance 03/01/10
to
03/01/11
$77,092 Conner Strong Companies, Inc. St. Paul – Travelers Co.

REPORT:

The following insurance transactions have taken place during the period of October 1, 2009 through December 31, 2009.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Non – Aviation Public Liability Insurance Program (including Terrorism) 10/27/09
to
10/27/10
$16,089,044 Marsh, USA Inc. Port Authority Insurance Captive Entity, LLC
ACE
Allied World
Arch
Aspen
AXIS
Chartis
Chubb Atlantic
Endurance
Lexington
Liberty Mutual
Lloyd's of London (Syndicates)
Munich Re
Swiss Re
Torus
XL
Aviation Public Liability Insurance Program (including Aviation War Risk) 10/27/09
to
10/27/10
$5,437,903 Marsh, USA Inc. ACE
Arch
AXA
AXIS
Glacier Re
Global Aerospace
International Ins. Co. of Hannover
Lancashire
Lexington
Lloyds of London (Syndicates)
Mitsui
National Fire & Marine
National Union Fire
QBE
St. Paul
XL Specialty
Master Contractors' Insurance Program (CIP) -Worker Compensation Coverage: 12/31/09
to
12/31/10
$8,731,059 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC
Insurance Company of the State of Pennsylvania
Master Contractors' Insurance Program (CIP) - Builders' Risk Coverage: 12/31/09
to
12/31/10
$737,059 Aon Risk Services, Inc. Lexington Insurance Company
Port Authority Insurance Captive Entity, LLC

REPORT:

The following insurance transactions have taken place during the period of July 1, 2009 through September 30, 2009.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)

Workers' Compensation Coverage
08/31/09
to
08/31/10
$2,179,647 Aon Risk Services, Inc. Insurance Co. of the State of PA
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)

General Liability Coverage
08/31/09
to
08/31/10
$5,287,400 Aon Risk Services, Inc. ACE Bermuda
ARK Syndicate
Aspen
Assicurazioni Generali
AWAC
Catlin Syndicate
Endurance
GSINDA
Hiscox
Lexington
Liberty Mutual
National Union Fire Insurance Company
Starr
XL Re
Excess Boiler & Machinery Insurance 07/01/09
to
07/01/10
$61,000 J.P. West, Inc. Continental Casualty Company

REPORT:

The following insurance transactions have taken place during the period of April 1, 2009 through June 30, 2009.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Master Constructors Insurance Program (CIP) General Liability Coverage: 06/01/09
to
06/01/10
$54,393,470 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC
ARK Syndicate
Aspen
Atrium Syndicate
Catlin Syndicate
Lexington
Property Damage and Loss of Revenue Insurance: 06/01/09
to
06/01/10
$24,486,367 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC
ACE Bermuda
ACE USA
Allied World Assurance Co.
ARCH USA
Aspen Re
AXIS
Berkshire Hathaway
CNA
CV Starr
Endurance
Essex
Facultative Re
Glacier Re
Hannover Re
Hiscox US
Infrassure
Ironshore
Lancashire
Lexington
Liberty Mutual
Lloyd's of London
Maiden Re
Max Re
Montpelier Re
Munich Re
Navigators
Paris Re
Partner Re
RLI Re
RSUI
Swiss Re
Tokio Marine
Transatlantic Re
XL Re
Zurich
Property Damage and Loss of Revenue Insurance Terrorism Coverage TRIPRA* Coverage 06/01/09
to
06/01/10
$3,125,000 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC;
Lexington
Fidelity and Computer Fraud Insurance 04/01/09
to
04/01/10
$30,993 Massey Agency, Inc. National Union Fire Insurance Company

*Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA)

REPORT:

The following insurance transaction has taken place during the period of January 1, 2009 through March 31, 2009.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Automobile Liability Insurance 03/01/09
to
03/01/10
$71,359 Conner Strong Companies, Inc. St. Paul – Travelers Co.

REPORT:

The following insurance transactions have taken place during the period of October 1, 2008 through December 31, 2008.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Non – Aviation Public Liability Insurance Program (including Coverage for Acts of Terrorism) 10/27/08
to
10/27/09
$16,766,888 Marsh, USA Inc. Port Authority Insurance Captive Entity, LLC
ACE Bermuda
ACE Global Markets
AIG Cat Excess
AIG Europe
Allied
Arch
Aspen
AWAC
AXIS
Chubb Atlantic
Endurance
Lexington
Lloyd's of London syndicate
Munich Re
Starr Excess
Swiss Re
XL Europe
Aviation Public Liability Insurance Program (including Aviation War Risk) 10/27/08
to
10/27/09
$5,678,555 Marsh, USA Inc. Ace Global
Ace European
Aegis
AIG
Amlin
Antares
Arch
Ark
AXA
Axis
Catlin
CV Starr
Glacier Re
Global Aerospace
Hiscox
International Ins. Co. of Hanover
Lancashire
Lloyds of London
Mitsui
SPL 5000
St. Paul
Talbot
Tokio Marine & Nichido Fire Insurance Co.
Watkins
Wurtt
XL Specialty
Master Contractors' Insurance Program (CIP) - Worker Compensation Coverage: 12/31/08
to
12/31/09
$16,939,200 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC
Insurance Company of the State of Pennsylvania
Master Contractors' Insurance Program (CIP) - Builders' Risk Coverage: 12/31/08
to
12/31/09
$1,105,000 Aon Risk Services, Inc. Lexington Insurance Company
Port Authority Insurance Captive Entity, LLC

REPORT:

The following insurance transactions have taken place during the period of July 1, 2008 through September 30, 2008.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Excess Boiler & Machinery Insurance 07/01/08
to
07/01/09
$67,706 J.P. West, Inc. Continental Casualty Company
Travel Accident Insurance 07/15/08
to
07/15/11
$34,182* The Taylor Group, Inc. American International Life Assurance Co. of NY
*Three-Year Term; Premium shown is total amount for three years.
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)General Liability Coverage: 08/31/08
to
08/31/12
$19,799,200** Aon Risk Services, Inc. ACE Bermuda
ARK Syndicate
Aspen
Assicurazioni Generali
AWAC
Catlin Syndicate
Endurance
GSINDA
Hiscox
Lexington
Liberty Mutual
National Union Fire Insurance Company
Starr
XL Re
**Four-Year Term; Premium shown is total amount for four years.
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)Builder's Risk Coverage 08/31/08
to
08/31/12
$3,122,800** Aon Risk Services, Inc. ACE Bermuda
Arch USA
AXIS
Chubb
CNA
Fireman's Fund
Gerling
GMAC
Great Lakes Re UK
Hannover Re
Illinois Union Insurance
Lancashire
Landmark American
Lexington
Liberty Mutual
Lloyd's of London
Munich Re
**Four-Year Term; Premium shown is total amount for four years.
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)Terrorism Coverage 08/31/08
to
08/31/12
$1,030,000** Aon Risk Services, Inc. AXIS
Lancashire
Lexington
Lloyd's of London
**Four-Year Term; Premium shown is total amount for four years.
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)Environmental Liability Coverage 08/31/08
to
08/31/12
$715,000** Aon Risk Services, Inc. ACE USA
Chubb
Zurich
**Four-Year Term; Premium shown is total amount for four years.
Owner Controlled Insurance Program (OCIP) – WTC Vehicular Security Center (VSC)Workers' CompensationCoverage 08/31/08
to
08/31/12
$5,251,800** Aon Risk Services, Inc. Insurance Co. of the State of PA
**Four-Year Term; Premium shown is total amount for four years.

REPORT:

The following insurance transactions have taken place during the period of April 1, 2008 through June 30, 2008.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Master Constructors Insurance Program (CIP) General Liability Coverage: 06/01/08
to
06/01/09
$54,415,462 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC
ARK Syndicate
Aspen
Atrium Syndicate
Catlin Syndicate
Lexington
Property Damage and Loss of Revenue Insurance: 06/01/07
to
06/01/08
$23,229,866 Marsh USA, Inc. Port Authority Insurance Captive Entity, LLC
Lexington
Lloyd's of London
AWAC
Montpelier Re
ACE USA
Max Re
Lancashire
Partner Re
Liberty Mutual Group
Endurance
GMAC Re
Infrassure
Starr Tech
GEP
Hanover Re
Essex
Arch USA
RSUI
Tokio Marine
Paris Re
Zurich
AXIS
Aspen Re
Glacier Re
Ironshore
Transatlantic
Facultative Re
Swiss Re
XL Re
Munich Re
CNA
Ace Bermuda
Berkshire Hathaway
Property Damage and Loss of Revenue Insurance Terrorism Coverage (Foreign & Domestic): 06/01/08
to
06/01/09
$2,670,309 Marsh USA, Inc. Lexington
Property Damage and Loss of Revenue Insurance TRIPRA* Coverage 06/01/08
to
06/01/09
$1,500,000 HSBC (Captive Manager) Port Authority Insurance Captive Entity, LLC
*Terrorism Risk Insurance Program Reauthorization Act of 2007 (TRIPRA)
Fidelity and Computer Fraud Insurance 04/01/08
to
04/01/09
$38,594 Massey Agency, Inc. National Union Fire Insurance Company

REPORT:

The following insurance transactions have taken place during the period of January 1, 2008 through March 31, 2008.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Business Automobile Coverage: 03/01/08
to
03/01/09
$83,433 Commerce Insurance Services St. Paul Fire & Marine
Insurance Company
PATH Accidental Death & Dismemberment Coverage: 03/22/08
to
03/22/11
$3,000 Tanenbaum-Harber Co., Inc. AIG

REPORT:

The following insurance transactions have taken place during the period of October 1, 2007 through December 31, 2007.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Stewart Airport -Owner Controlled Environmental Insurance Program (OCEIP) Coverage: 01/01/07
to
11/01/10
$244,157 Aon Risk Services, Inc. Ace USA
Non – Aviation Public Liability Insurance Program (including Terrorism) 10/27/07
to
10/27/08
$17,698,150 Marsh, USA Inc. Port Authority Insurance Captive Entity, LLC
Lexington
Aspen
Lloyd's Syndicate
Endurance
ACE Global Markets
Arch
Starr Excess
AIG Europe
XL Europe
AWAC
AIG Cat Excess
ACE Bermuda
Chubb Atlantic
Swiss Re
Allied
AXIS
Aviation Public Liability Insurance Program (including Aviation War Risk) 10/27/07
to
10/27/08
>$6,534,188 Marsh, USA Inc. Ace Global
Ace European
Global Aerospace
Amlin
Catlin Syndicate
Munich Re
Wurtt
Great Lakes
International Ins. Co. of Hanover
Limit
Mitsui
XL Specialty
AIG
AXA Ins. USA
New Hampshire
Lancashire
Glacier Re
Lloyds of London
Tokio Marine & Nichido Fire Insurance Co.
Faraday
Axix Specialty
St. Paul
Berkshire Hathaway
Master Contractors' Insurance Program (CIP) -Worker Compensation Coverage: 12/31/07
to
12/31/08
$17,462,770 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC
Insurance Company of the State of Pennsylvania
Master Contractors' Insurance Program (CIP) - Builders' Risk Coverage: 12/31/07
to
12/31/08
$1,149,992 Aon Risk Services, Inc. Lexington Insurance Company
Port Authority Insurance Captive Entity, LLC

REPORT:

The following insurance transactions have taken place during the period of July 1, 2007 through September 30, 2007.

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Excess Boiler and
Machinery Insurance
07/01/07
to
07/01/08
$65,084 J.P. West, Inc. Continental Casualty Company (CNA)

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