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MEDIA ADVISORY: Reporters With Questions Regarding Insurance Coverage for Falling Satellites Can Contact the I.I.I.

SPONSORED BY
INSURANCE INFORMATION INSTITUTE
New York Press Office: (212) 346-5500; media@iii.org

NEW YORK, October 21, 2011 —

 Reporters covering the fate of the German space satellite ROSAT, which is expected to disintegrate into pieces as it falls to earth this weekend (October 22-23), can find information on the insurance repercussions of falling objects at the Insurance Information Institute’s (I.I.I.) website.
 
Damages caused by falling objects are generally covered under standard auto, business, homeowners, and life insurance policies, according to a brief primer the I.I.I. has posted online.
 
In September 2011, NASA’s Upper Atmosphere Research Satellite (UARS) re-entered the earth’s atmosphere. NASA issued a statement at the time saying the agency believed the UARS’ remnants fell into the northern Pacific Ocean, off the West Coast of the United States.
 
To arrange an interview with the I.I.I. about the insurance issues raised by falling objects, please call the press office at 212-346-5500.

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