Insurance

May 5, 2008 - 11:28am

Following last September 11, aircraft owners and operators began bracing for massive hikes in insurance coverage and changes in the limits of that coverage. Now, a year later, their fears are being realized. But while rates have risen, sometimes triple those before September 11, the increases are not without some justification. The question is, just how much is justified?

May 5, 2008 - 9:48am

Eclipse Aviation announced that it will partner with underwriter Global Aerospace Underwriters to provide hull and liability insurance to owners of owner-flown Eclipse 500s.

April 23, 2008 - 9:10am

If aviation insurance news has been mostly bad since September 11, there is still one small bright spot in the industry. Life insurance premiums for corporate pilots have either remained stagnant or actually decreased since last September. And aviation operators have an increasing variety of choices for providing life insurance for their employees.

April 23, 2008 - 6:25am

“In the next 60 to 90 days, you’re going to see security in the United States like you’ve never seen before,” said retired U.S. Navy admiral Isaac Richardson in late June. “A portion of the nation’s reappraisal took a very hard look at general aviation…and the threat posed by general aviation aircraft as weapons.”

April 21, 2008 - 11:04am

Insurance underwriter Global Aerospace will partner with Eclipse Aviation, manufacturer of the Eclipse 500 personal jet, to provide hull and liability insurance to owners of the new five-passenger personal jet.

March 31, 2008 - 5:41am

Travelers’ aviation unit last month introduced a new workers compensation insurance program for corporate flight departments. According to the company, its aviation workers compensation program will provide “top-quality workers compensation coverage” for general aviation flight departments–including pilots, ground crew and administrative staff–to help keep rising loss cost trends under control.

January 25, 2008 - 5:49am

The fatal crash of the Alberto-Culver Gulfstream IV at Palwaukee Municipal Airport on Oct. 30, 1996, has spawned one of the most lengthy, and very likely one of the most costly, litigation processes in the history of business aviation.

January 25, 2008 - 5:49am

The fatal crash of the Alberto-Culver Gulfstream IV at Palwaukee Municipal Airport on Oct. 30, 1996, has spawned one of the most lengthy, and very likely one of the most costly, litigation processes in the history of business aviation.

January 21, 2008 - 11:02am

All aircraft using European airspace are facing the prospect of having to carry minimum levels of third-party liability insurance. Under European Commission (EC) proposals now being debated by the European Parliament, operators of aircraft of up to 25 metric tons mtow (55,115 pounds) would be required to have minimum cover

January 21, 2008 - 11:02am

All aircraft using European airspace are facing the prospect of having to carry minimum levels of third-party liability insurance. Under European Commission (EC) proposals now being debated by the European Parliament, operators of aircraft of up to 25 metric tons mtow (55,115 pounds) would be required to have minimum cover

 
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