The crash of a corporate jet that killed the son of NBC Sports Chairman Dick Ebersol and two other people has contributed to a 48 percent increase in Colorado-based Montrose Regional Airport’s liability insurance premium.
Airport Manager Scot Brownlee said the insurance policy rose to $92,625 from $62,300 annually after the CL-601 Challenger crashed on takeoff on Nov. 28. “It’s at least in part because of the Challenger aircraft accident,” he said.
The crash killed Edward “Teddy” Ebersol, 14, pilot Luis Alberto Polanco and flight attendant Warren Richardson III. Dick Ebersol, another son and a co-pilot were injured.
Brownlee said an insurance adjustor determined the airport had done nothing wrong, but the company’s underwriters may have had concerns.
The cause of the crash is still under investigation.
The National Transportation Safety Board has said it is investigating whether ice on the wings of the plane contributed to the crash. Investigators have said the pilots did not deice the wings.
Copyright 2004 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Editor’s note: A correction was made to this story since it originally ran.
English whiz says: 
Dave says: 
Sue says: 
Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case
