Finance, Taxes, Insurance
Look for big aircraft insurance rate hikes in coming months
In the months since September 11, the insurance industry has taken a beating.

In the months since September 11, the insurance industry has taken a beating. Some estimates–and they are still just estimates–put the total losses in excess of $100 billion.

Within days of the terrorist attacks, it was apparent that efforts by insurers to cope with the disaster would translate to higher costs and changes in coverage limits. So far, this is being proved out.