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GAO Issues Report on Commercial Space Launch Insurance

Targeted News Service

WASHINGTON, March 24 -- The Government Accountability Office has issued a report on the Federal Aviation Administration's revised method for calculating insurance requirements to address some known weaknesses. The report (GAO-17-366) is titled "Commercial Space Launch Insurance: Weakness in FAA's Insurance Calculation May Expose the Federal Government to Excess Risk".

The report was sent to Sen, John Thune, R-S.D., chairman, Sen. Bill Nelson, D-Fla., ranking member of the Senate C . . .

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