"The German ROSAT satellite fell back to Earth Saturday evening, U.S. time, NASA sources told ABC News. DLR, Germany's scientific research agency, said the satellite re-entered the atmosphere between 9:45 and 10:15 p.m. ET. It was the second time a satellite large enough to for debris to reach the Earth's surface has fallen from orbit in the past month, an occurence that typically happens only once per year."
Damage From Falling Satellites? Insurance Will Cover It, New York Times
"The odds of a fragment hitting your little patch of earth are extremely low. But not to worry: if you are unlucky enough to have some space shrapnel fall on your house or car, standard insurance policies will most likely cover the damage, says the Insurance Information Institute, an industry group."
Marc's note: According to the German Aerospace Center (DLR) the latest prediction on ROSAT re-entry: Between 22 October 2011, 18:00 UTC & 23 October 2011, 12:00 UTC. Follow the DLR tweets for the latest re-entry updates.
Marc's Update: German satellite hits east of India, centre says, CBC
"Parts of a defunct German research satellite have returned to Earth and likely fallen into the Bay of Bengal, east of India, the chair of the German Aerospace Centre says."