NDLI: Federal government provision of third-party liability insurance to space vehicle users

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Federal government provision of third-party liability insurance to space vehicle users

Content Provider	NASA Technical Reports Server (NTRS)
Copyright Year	1985
Description	Support decisions concerning the provision by the Federal Government of third-party liability insurance for commercial space activities were studied. The practices associated with third-party liability insurance in the marine, aviation, and electric utility industries in addition to those industries associated with space missions were reviewed. Theoretical considerations of rate setting are discussed and a methodology to determine the period of time over which the insurers of each industry intend to set aside reserves to recover from a maximum liability loss should one occur is introduced. The data were analyzed to determine the setaside period in each industry, and to suggest reasonable standards from the insurer's point of view. Criteria for Federal provision of insurance are discussed, an interpretation of the Price-Anderson Act, determinants of the availability of commercial insurance, potential insurer liability, and measures of reasonableness for premium rates from the user's point of view are presented. Options available to the government regarding third part liability protection are presented.
File Size	5481025
Page Count	137
File Format	PDF
Alternate Webpage(s)	http://archive.org/details/NASA_NTRS_Archive_19860003762
Archival Resource Key	ark:/13960/t2x39p05v
Language	English
Publisher Date	1985-01-02
Access Restriction	Open
Subject Keyword	Commercial Spacecraft Regulations Losses Management Systems Legal Liability Space Commercialization Government/industry Relations Law Jurisprudence Payloads Ntrs Nasa Technical Reports Server (ntrs) Nasa Technical Reports Server Aerodynamics Aircraft Aerospace Engineering Aerospace Aeronautic Space Science
Content Type	Text
Resource Type	Technical Report

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