Colo. Airport’s Insurance Jumps after Ebersol Crash
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 This material may not be published, broadcast, rewritten or redistributed.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.
- Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts
- Fake Bear Attacks on Car for Fraudulent Insurance Claims Lead to Arrests
- Survey: Majority of P/C Insurance Decision makers Say Industry Will Be Powered by AI in Future
- US High Court Declines Appeal, Upholds Coverage Ruling on Treated Wood