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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  • 10/01/10 to
    12/31/10
  • 07/01/10 to
    09/30/10
  • 04/01/10 to
    06/30/10
  • 01/01/10 to
    03/31/10
  • Older
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REPORT:

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

POLICY/COVERAGE TERM PREMIUM
AMOUNT
BROKER INSURANCE CARRIER(S)
Non-Aviation Public Liability Insurance Program (including Terrorism) 10/27/10
to
10/27/11
$15,435,944 Marsh, USA Inc. Port Authority Insurance Captive Entity, LLC
Ace
Allied World
Arch
Argo Re
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) 10/27/10
to
10/27/11
$5,090,996 Marsh, USA Inc. Ace
Allianz
AXA
Axis
Berkshire Hathaway
Great Lakes
International Ins. Co. of Hannover
Lancashire
Lloyds of London (Syndicates)
Mitsui
National Union Fire
Tokio Marine
XL
Master Contractors' Insurance Program (CIP) -Worker Compensation Coverage: 12/31/10
to
12/31/11
$9,420,586 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: 12/31/10
to
12/31/11
$697,312 Aon Risk Services, Inc. Port Authority Insurance Captive Entity, LLC
Lexington Insurance Company
Extension of World Trade Center Owner Controlled Insurance Program (WTC OCIP), (includes Transportation Hub (TH), Tower 1 (T1), Memorial Complex (M), and Vehicular Security Center (VSC)) – General Liability Coverage (TH, T1,M): 1/31/11 to 10/31/15 (TH)
12/31/12 to 8/31/13 (T1)
12/31/11 to 12/31/12 (M)
$143,400,000 Aon Risk Services, Inc. ACE
AWAC
Chartis
Endurance
Lexington
Liberty
Lloyd's of London
Torus
XL
Zurich
WTC OCIP (TH, T1, M,) – Environmental Insurance Coverage: 12/31/10 to 12/31/15 (TH)
3/31/12 to 3/31/14 (M, T1)
$1,918,000 Aon Risk Services, Inc. ACE
Chartis
WTC OCIP (TH, T1, M, VSC) – Workers' Compensation Coverage: 1/31/11 to 10/31/15 (TH)
3/31/12 to 3/31/15 (T1)
3/31/12 to 9/30/12 (M)
8/31/12 to 10/31/15 (VSC)
$33,193,000 Aon Risk Services, Inc. Chartis
WTC OCIP (TH, T1, M, ) – Builders' Risk Coverage: 12/31/10 to 12/31/15 (TH)
12/31/11 to 8/31/13 (T1)
4/30/11 to 12/31/12 (M)
$25,478,000 Aon Risk Services, Inc. ACE
Arch
Axis
Chartis
GEP
Gerling
Hiscox
Ironshore
Lexington
Lloyd's of London
Munich
Partner RE
Steadfast
Swiss RE
Talbot
Torus
XL
Zurich
WTC OCIP (TH, T1, M, ) – Terrorism Coverage: 12/31/10 to 12/31/15 (TH)
12/31/11 to 12/31/15 (M, T1)
$5,930,000 Aon Risk Services, Inc. Axis
Chartis
Lexington
Lloyd's of London

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.

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