After some further digging, it appears that insurance was at a low back in March. The article discusses the danger of a major failure, such as an Ariane 5 which

After some further digging, it appears that insurance was at a low back in March. The article discusses the danger of a major failure, such as an Ariane 5 which could be covered at $750 million or a Proton which can carry $400 million worth of cargo. This $10 million loss shouldn't be too big of a deal for the space insurance world. http://www.spacenews.com/satellite_telecom/120302-falling-sat-insurance-premiums-market-risk.html http://www.spacenews.com/satellite_telecom/120302-falling-sa...