Liability insurance (1 - 1 of 1 item) in Past 6 Months
Commercial Space Launch Insurance: Views Differ on Need for Change to Insurance Approach but Clarification Is Needed
GAO-17-88: Published: Nov 22, 2016. Publicly Released: Nov 22, 2016.
Of the 10 spaceport operators (entities that host launches from their property) that are currently licensed by the Federal Aviation Administration (FAA), 3 have had commercial activity in the last 5 years, and all 3 told GAO that they have both property and liability coverage to protect themselves from losses resulting from space launch mishaps. Federal laws and regulations do not require spacepor...