CONTRACTRENEWED

Fair American Renews Excess D&O Layer

Southeastern Pa Trans Auth (Ctd) Pension Plan logoSoutheastern Pa Trans Auth (Ctd) Pension Plan
Disclosed value
Not to exceed $224,170 annual premium
From agendapacket
Document date
Dec 18, 2025
Renews
Free account

The 30-second brief

What it covers

SEPTA renewed a $10 million excess Directors and Officers liability insurance layer with Fair American Insurance Company for a one-year term beginning December 31, 2025, at an annual premium not exceeding $224,170. The excess coverage continues above Chubb's primary policy.

Who holds it

Fair American Insurance Company holds this insurance contract with Southeastern Pa Trans Auth (Ctd) Pension Plan.

What happens next

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Contract details

Contract type
Insurance
Amount
Not to exceed $224,170 annual premium
Document date
December 18, 2025
Term
One year effective December 31, 2025 to December 31, 2026
Renews
On record
Source document
Southeastern Pennsylvania Transportation Authority AgendaPacket Regular Meeting 2025-12-18 (AgendaPacket)

Fair American Insurance Company's other public contracts

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Questions about this contract

Who was awarded the insurance contract by Southeastern Pa Trans Auth (Ctd) Pension Plan?

Fair American Insurance Company was awarded this insurance contract by Southeastern Pa Trans Auth (Ctd) Pension Plan, as recorded on December 18, 2025. The contract value is Not to exceed $224,170 annual premium.

How much is the Fair American Insurance Company contract with Southeastern Pa Trans Auth (Ctd) Pension Plan worth?

The Fair American Insurance Company contract with Southeastern Pa Trans Auth (Ctd) Pension Plan is valued at Not to exceed $224,170 annual premium, covering insurance work.

What type of contract is this?

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

Where was this contract approved?

This contract appears in Southeastern Pennsylvania Transportation Authority AgendaPacket Regular Meeting 2025-12-18 (AgendaPacket), dated December 18, 2025 from Southeastern Pa Trans Auth (Ctd) Pension Plan. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Fair American Insurance Company hold?

Fair American 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 Southeastern Pa Trans Auth (Ctd) Pension Plan currently buying?

Explore Southeastern Pa Trans Auth (Ctd) Pension Plan's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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