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Two insurers have agreed to pave the way for payment to the Port Authority of New York & New Jersey totaling $317 million in claims stemming from the attacks on the World Trade Center.

Travelers Indemnity Co. owes $187 million, while Gulf Insurance Co. owes $130 million for claims based on the Sept. 11, 2001 terrorist destruction of the site. Both companies are now part of the St. Paul Travelers merged operation.

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