Connecticut Insurance Department | State Insurance Risk Management Board Awards Insurance Contract to Ct Rail Liability Coverage (several Carriers Participating in a Liability Tower) (April 2026)

The State Insurance & Risk Management Board approved placement of CT Rail Liability insurance coverage up to $425 million in limits for the New Haven–Springfield rail corridor. The coverage, provided by multiple carriers in a liability tower, will have an annual premium not to exceed $3.2 million.

Scope & details

The full contract record, as filed.

Contract amount

Annual premium not to exceed $3,200,000

Contract type

INSURANCE

Contract term

Annual policy term

Renewal

Approved as an annual rail liability policy with limits aligned to the anticipated tort cap; expected to be renewed annually subject to market conditions and tort cap changes.

Document type

Minutes

Source document

State Insurance & Risk Management Board Meeting Minutes No. 357 April 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the insurance contract by Connecticut Insurance Department | State Insurance Risk Management Board?

Ct Rail Liability Coverage (several Carriers Participating in a Liability Tower) was awarded this insurance contract by Connecticut Insurance Department | State Insurance Risk Management Board, as recorded on April 21, 2026. The contract value is Annual premium not to exceed $3,200,000.

How much is the Ct Rail Liability Coverage (several Carriers Participating in a Liability Tower) contract with Connecticut Insurance Department | State Insurance Risk Management Board worth?

The Ct Rail Liability Coverage (several Carriers Participating in a Liability Tower) contract with Connecticut Insurance Department | State Insurance Risk Management Board is valued at Annual premium not to exceed $3,200,000, covering insurance work.

What type of contract is this?

This is a Insurance contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in State Insurance & Risk Management Board Meeting Minutes No. 357 April 2026 (Minutes), dated April 21, 2026 from Connecticut Insurance Department | State Insurance Risk Management Board. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Ct Rail Liability Coverage (several Carriers Participating in a Liability Tower) hold?

Ct Rail Liability Coverage (several Carriers Participating in a Liability Tower) may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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