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For Immediate Release
11/17/05
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Commerce Committee Approves Extension of Aviation War Risk Insurance
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WASHINGTON, DC – The U.S. Senate Committee on Commerce, Science, and Transportation unanimously approved today the “War Risk Extension Act of 2005,” S. 1102, introduced by Aviation Subcommittee Ranking Member Jay Rockefeller (D-W.V.) and co-sponsored by Subcommittee Chairman Conrad Burns (R-Mont.).
S. 1102 extends the Federal Government’s existing war risk insurance coverage of U.S. air carriers against any potential liability associated with acts of violence committed against commercial airplanes, such as terrorism, hijackings and sabotage. The bill provides coverage through August 31, 2008 and allows the Administration the option to continue the program until the end of that year.
The legislation also extends until December 31, 2008, the Secretary of Transportation’s authority to certify that an air carrier was the victim of a terrorist act and, as such, is not responsible for third party losses in excess of $100 million. The Federal Government assumes responsibility for any liability above such an amount.
By extending the war risk program, the bill ensures that no punitive damages may be awarded against an air carrier or the Federal Government arising out of such a terrorist act over the duration of the provision.
The bill now proceeds to the full Senate for its consideration.
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7th - |
Chairman Rockefeller Applauds the Senate's Confirmation of Nominees
- WASHINGTON, D.C.—Senator John D (Jay) Rockefeller IV (D-WV), Chairman of the U.S. Senate Committee on Commerce, Science and Transportation, issued the following statement today regarding the confirmation of:
Mr. Christopher P. Bertram, to be Assistant Secretary for Budget and Programs and Chief Financial Officer at the U.S. Department of Transportation
Ms. Patricia D. Cahill, to be a...
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7th - |
Chairman Rockefeller on "Cash for Clunkers"
- WASHINGTON, D.C.—Senator John D. (Jay) Rockefeller IV (D-WV), Chairman of the U.S. Senate Committee on Commerce, Science and Transportation, issued the following statement today regarding the Senate’s passage (60-37) of H.R. 3435, a bill making supplemental appropriations for FY2010 for the Consumer Assistance to Recycle and Save Program (“Cash for Clunkers”).
“I a...
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6th - |
Hearing Summary: Waste, Fraud and Abuse in the Small Business Innovation Research (SBIR) Program
- WASHINGTON, D.C. - The U.S. Senate Committee on Commerce, Science, and Transportation held a full committee hearing today on Waste, Fraud and Abuse in the Small Business Innovation Research (SBIR) Program.
Witness List:
Mr. Alfred J. Longhi, Jr., former Vice President for Sales and Marketing, Lithium Power Technologies
Mr. Thomas J. Howard, Acting Inspector General, National Aeronautic...
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6th - |
Hearing Summary - Aviation Safety: The Relationship Between Network and Regional Airlines
- WASHINGTON, D.C. - The U.S. Senate Committee on Commerce, Science, and Transportation held a subcommittee hearing today on Aviation Safety: The Relationship Between Network Airlines and Regional Airlines.
Witness List:
Mr. Philip H. Trenary, President and Chief Executive Officer, Pinnacle Airlines Corp.
Mr. Peter Bowler, President and Chief Executive Officer, American Eagle Airlines...
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5th - |
Executive Session: Committee Legislation Summary
- WASHINGTON, D.C.—Today the U.S. Senate Committee on Commerce, Science, and Transportation held an Executive Session and favorably reported out the following legislation and nominees:
S. 1078, the AmericaView Geospatial Imagery Mapping Program Act
S. 30, the Truth in Caller ID Act of 2009
S. 251, the Safe Prisons Communications Act of 2009
S. 952, Harmful Algal Blooms and Hyp...
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5th - |
Hearing Summary: Nominations Hearing
- WASHINGTON, D.C. - The U.S. Senate Committee on Commerce, Science, and Transportation held a full committee hearing today on nominations.
Witness List:
Mr. Dennis F. Hightower, to be Deputy Secretary of the U.S. Department of Commerce
Mr. Robert S. Adler, to be a Commissioner of the Consumer Product Safety Commission
Ms. Anne M. Northup, to be a Commissioner of the Consumer Product...
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