Airlines face higher terrorism insurance costs across airports
U.S. and global carriers see a 10 percent rise in terrorism coverage as underwriters cancel waivers for policy exclusions after the Libya attack. Airports including Cleveland Hopkins, Orlando, and Minneapolis–St Paul face tens of thousands more in yearly premiums, while others remain self insured. The one time premium hike may return for next year.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
U.S
William Hawkins
Washington Based
Air Transport Association
Orlando International Airport
Minneapolis-St. Paul International Airport
Cleveland- Hopkins International
Hawkins
Libya
Muammar Khadafy
Tom Brown
Airport Operations Council International
London Insurance
Thatcher presses for peace talks amid Middle East worries
British Prime Minister Margaret Thatcher urged progress in Middle East negotiations after meeting with Shimon Peres. She proposed Israel ease West Bank Gaza occupation and allow elections, linking economic pressures from low oil prices to advancing peace. Thatcher planned to convey Israel’s views to King Hussein and visit in three weeks.
MENTIONED IN THIS ARTICLE
Jerusalem
Margaret Thatcher
Middle East
Israel
Hussein
Jordan
Shimon Peres
Thatcher
Peres
West Bank
Gaza Strip
Egypt
Palestine Liberation Organization
King Hussein
London
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Hopkins
Dallas-Fort Worth
Chicago
O’hare
New York
John F. Kennedy and LaGuardia
Lloyd’s of London
Airport Operators Council International
Deborah Lunn
Washington-based Trade Association
George Geran
Greater Orlando Aviation Administration
Orlando
Mid-East
WOW O Florist Greenhouse & Garden Center
Detroit Rd
Abbe Rd
Renutai
Lorain
Elyria & Clevela
Midway Industrial
Schaden Rd
Elyria
Sliman
Ford
Broad ST. Elyria
Ohio
EST Bank
First Bar