“Aviation in itself is not inherently dangerous. But to an even greater degree than the sea, it is terribly unforgiving of any carelessness, incapacity or neglect.” –Captain A. G. Lamplugh, 1931 – ...
“Let the good times roll” may have been an appropriate mantra for aviation-insurance consumers during the past 10 to 12 years, but the party might finally be over. While the total cost of aircraft ...
According to the report, the global aviation insurance industry generated $3.43 billion in 2021, and is anticipated to generate $5.75 billion by 2030, witnessing a CAGR of 5.6% from 2021 to 2030.
“Aviation in itself is not inherently dangerous. But to an even greater degree than the sea, it is terribly unforgiving of any carelessness, incapacity or neglect.” – Captain A. G. Lamplugh, chief ...
In an era defined by global supply chains, international executive travel, and the rapid movement of high-value goods, aviation is the circulatory system of the global economy. For C-suite leaders and ...
A few years back, a Cessna 172 pilot had trouble starting his airplane and decided to hand-prop it near the Typhoon restaurant at the Santa Monica airport. No one was inside the Skyhawk. The engine ...
In the last two years, many underwriters have exited aviation insurance while those remaining have tightened underwriting standards and hiked premiums. David G. Mayer is a member of the global ...
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Alliant Insurance Services has been awarded the FAA Contract Tower (FCT) Liability Insurance Contract effective July 1, 2020. Alliant was the incumbent on the ...
As part of the Federal Aviation Administration (FAA) Contract Tower (FCT) Program, the FAA maintains a commercial aviation liability insurance policy on behalf of the FCT contractors for liabilities, ...
Owners of planes are not required by federal or state regulations to insure planes while in flight. Pilot Dean Hutton, 29, and three others were killed in July when a plane they rented from Jahn ...
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