With an expiration date of March 20 staring them in the face, the U.S. government is extending emergency insurance for airlines that was unveiled following the Sept. 11 attacks, according to Reuters.
The six-month coverage for airlines’ third-party war-risk liabilities, exceeding $50 million will be extended by two months.
The government plans to continue studying the adequacy for private insurance coverage.
Was this article valuable?
Here are more articles you may enjoy.
Abundant Reinsurance Capacity Accelerates Market Softening During 1/1 Renewals 
Louvre Tightens Security After $102M Jewel Heist, Installs Bars on Infamous Window 
Top National Insurance Journal Stories of 2025 
US P/C Posts $35B YTD Underwriting Gain; By-Line Premium Growth Revealed 
