WTC environmental insurance FEMA reimbursement status inquiry, July 2002

NYC 9/11 Public Portal Document

t nseiw*.. , ■ From: Hoffer, Mark Sent: Monday, July 22,2002 3:28 PM To: Avaltroni, Robert; Gilsenan, Michael (ex) Cc: Schiano, Frank Subject: FW: World Trade Center Issues

This is the issue discussed in my previous e-mail: whether FEMA has been approached about paying for the additional environmental risk insurance and what their answer was. Bob/Mike - please advise. Thanks. —Original Message— Prom: Kahn, Lawrence[rnaiM Sent: Monday, July 22, 2002 2:07 PM To: Martin, Lawrence; ‘[email protected] ’ Subject: RE: World Trade Center Issues

to my knowledge I am the only one who had conversations with FEMA - atty Sevier - and received only modest oral assurances which were subject to a satisfactory showing of reasonableness of premium and need for insurance —Original Message— 1. Sent: Friday,*July 19, 2002 4:45 PM To: ’[email protected] ’ Cc: Kahn, Lawrence Subject: FW: World Trade Center Issues

I’ve be following up w/ Marsh. A question about FEMA: Do you know who at DEP or OMB would know the status of advance approval for this insurance by FEMA? This is crucial BEFORE the insurance is placed. —Original Message—

Sent: Friday, July 19,2002 2:14 PM To: Martin, Lawrence Cc: Mark Hoffer (E-mail) Subject: FW: World Trade Center Issues

Mark says Dan Lavoie of Marsh McLennan told him that AIG would only be willing to provide an additional reporting period of one year and that would probably cost us about twice the premium previously quoted for the three year period (Option B) discussed below. Dan said he would like to talk directly to you about the precise language to be used to describe the City’s insured status. Dan suggested you give him a call at 212-345-7078. If you have the time, could you give him a call? Thanks. —Original Message— From: H<rffer.MarkImailto:m^h@dj ............... . . . Sent: Tuesday, July 02, 2002 9:55 AM To; ‘[email protected] ’ Cc: Schiano, Frank

NYC-WTC_000161284