FAA’s outdated risk-calculation methods for commercial space launch insurance could cost launch companies and the government, according to the U.S. Government Accountability Office (GAO). Added expense could come in the form of companies buying too much coverage, or actual losses resulting from current caps on government coverage, auditors warn. GAO’s report says FAA has used the same method since 1988 and has not updated crucial factors, nor has it had the method reviewed by ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "GAO: FAA Needs Update On Insurance Requirements For Commercial Space".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.