New Jersey Turnpike Authority Awards Insurance Contract to Xl Specialty Insurance Company (May 2026)
New Jersey Turnpike AuthorityMPO · Woodbridge, NJ- Disclosed value
- $558,706.00 (settlement payment to Authority)
- From minutes
- Approved
- May 19, 2026
The 30-second brief
The New Jersey Turnpike Authority approved a $558,706 settlement with XL Specialty Insurance Company on the performance bond issued for Rapid Armored Corporation’s armored car services. In exchange, XL will be released from further bond claims and will indemnify and defend the Authority against related claims by Rapid.
Xl Specialty Insurance Company holds this insurance contract with New Jersey Turnpike Authority. Its other public contracts on record include work for Bay Laurel Center CDD and City of Lincoln.
See who signed off on this contract.
See who signed offFree account · 30-second setup · No credit card
Contract details
- Contract type
- Insurance
- Amount
- $558,706.00 (settlement payment to Authority)
- Document date
- May 19, 2026
- Source document
- New Jersey Turnpike Authority Minutes 2026-05-19 (Minutes)
Xl Specialty Insurance Company's other public contracts
More New Jersey Turnpike Authority contracts
Questions about this contract
Who was awarded the insurance contract by New Jersey Turnpike Authority?
Xl Specialty Insurance Company was awarded this insurance contract by New Jersey Turnpike Authority, as recorded on May 19, 2026. The contract value is $558,706.00 (settlement payment to Authority).
How much is the Xl Specialty Insurance Company contract with New Jersey Turnpike Authority worth?
The Xl Specialty Insurance Company contract with New Jersey Turnpike Authority is valued at $558,706.00 (settlement payment to Authority), covering insurance work.
What type of contract is this?
This is a Insurance contract, documented as a minutes record.
Where was this contract approved?
This contract appears in New Jersey Turnpike Authority Minutes 2026-05-19 (Minutes), dated May 19, 2026 from New Jersey Turnpike Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 2 more questions
What other contracts does Xl Specialty Insurance Company hold?
Xl Specialty Insurance Company may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is New Jersey Turnpike Authority currently buying?
Explore New Jersey Turnpike Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.