Broken Satellite Risks Big Claim in Shrinking Insurance Market

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Insurance Journal - Aug 28, 2023

Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims. The company’s roughly $1 billion ViaSat-3 Americas satellite, central to expanding its fixed-broadband coverage and fending off rivals including Elon …...

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