Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!watmath!clyde!burl!ulysses!harpo!seismo!hao!hplabs!sri-unix!WBD.TYM@OFFICE-2 From: WBD.TYM%OFFICE-2@sri-unix.UUCP Newsgroups: net.space Subject: Satellite Insurance Message-ID: <16651@sri-arpa.UUCP> Date: Tue, 14-Feb-84 05:51:00 EST Article-I.D.: sri-arpa.16651 Posted: Tue Feb 14 05:51:00 1984 Date-Received: Sat, 18-Feb-84 04:13:05 EST Lines: 15 From: William Daul Tymshare OAD Cupertino CA>From COMPUTERWORLD (Feb 13, 1984 p. 11) Will mishap hike insurance rate? NEW YORK -- The insurance industry is feeling repercussions from the failures to properly launch two $75 million communications satellites from the space shuttle Challenger this month. The Westar VI communications satellite owned by Western Union Co. was insured for $105 million; Western Union had paid a premium of about $5.5 million for the policy. Alexander & Alexander Services, Inc., a New York brokerage company, was the underwriter for the policy, according to a Western Union spokesman. ...