Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
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Jan 24 2010 // Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines...
S&P:No Downgrades for Financials, Insurers from Japan Airlines Bankruptcy
Jan 21 2010 // Standard & Poor’s Ratings Services stated that its ratings on Japan’s financial institutions and insurance companies “would be unaffected by the debt forgiveness requested by Japan Airlines Corp....
XL Insurance Adds to Aviation Team, Expands West
Jan 13 2010 // New York-based XL Insurance, the global insurance operations of XL Capital Ltd., has expanded its U.S. Aviation underwriting team with an aviation branch office in San Francisco and by adding to its New York-based...
Most Property Reinsurance Rates Down at January Renewal As Capital Rebounds
Jan 10 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co. LLC. Guy Carpenter’s World Catastrophe Rate on Line (ROL)...
Most Property Reinsurance Rates Down at January Renewal As Capital Rebounds
Jan 5 2010 // Reinsurance rates across most lines of property catastrophe business declined at the Jan. 1, 2010 renewal, according to a briefing by Guy Carpenter & Co., LLC. Guy Carpenter’s World Catastrophe Rate on Line...
Superior Access Introduces Aviation Insurance Services
Dec 18 2009 // Irvine, Calif.-based Superior Access Insurance Services Inc. (SAIS) announced it will be providing aviation coverage products with support from more than 20 carriers. SAIS now has the ability to place and service a number...
$7 Million Awarded to 1 Victim’s Family in 2006 Comair Plane Crash
Dec 10 2009 // Family members of one of 49 people killed in a 2006 Kentucky plane crash have been awarded a $7.1 million civil verdict, but a separate jury will decide whether Comair must also pay millions more in the only passenger...
AIG Solicits Offers for Aircraft Unit
Dec 7 2009 // AIG is soliciting bids for its International Lease Finance Corp. after a group led by the unit’s chief offered to buy a small portion of the aircraft lessor’s fleet, according to sources familiar with the...
U.S. Considers Night Flying to Fight Fires
Dec 2 2009 // The U.S. Forest Service is considering allowing its helicopters to attack wildfires at night, a practice the agency has long discouraged because of risks to pilots, a senior official said Monday. The change would be a...
Aon Adds Six to Aviation Team
Nov 24 2009 // Aon UK announced that it has made six new appointments to its aviation team. “The move is part of Aon’s recruitment drive to bring in fresh thinking and further rejuvenate the strength of its service offering...
AIG Draws $2.1 Billion to Buy Aircraft Leasing Firm Shares
Nov 8 2009 // American International Group Inc. tapped the U.S. government for another $2.1 billion to buy shares of its aircraft leasing arm, International Lease Finance Corp, or ILFC, the insurer said in a regulatory filing...
Policy Discount Offered for General Aviation Aircraft with Seatbelt Airbags
Nov 3 2009 // Irving, Texas-based Aggressive Insurance announced it will offer a premium discount to the owners and pilots of general aviation aircraft with seatbelt airbags on board. A new participant in the aviation insurance...
At Least 14 Reported Dead as Typhoon Mirinae Lashes Philippines
Nov 2 2009 // Typhoon Mirinae has battered the Philippine capital and surrounding provinces, still reeling from recent flooding, killing at least 14 people [IJ Note — later reports have increased the death toll to 24] and...
Texas-based Aggressive Insurance Unveils New Aircraft Program
Sep 25 2009 // Aggressive Insurance, based in Irving, Texas, has announced a new aircraft insurance program. Aggressive is initially introducing the program in Florida, Georgia, Illinois, Indiana, Ohio, Oklahoma and Texas. The program...
European Safety Agency Orders More Airbus Speed Sensor Checks
Sep 24 2009 // European safety officials have ordered checks on certain Airbus speed sensors supplied by U.S. manufacturer Goodrich, just weeks after clamping down on similar equipment from France’s Thales. Potentially faulty speed...
31 Reported Dead, as Flash Floods Slam Turkey
Sep 11 2009 // The heaviest rainfall in at least eight decades sent flash floods barreling across a major highway and into busy business districts in Istanbul, Turkey’s largest city, on Wednesday, trapping factory workers and truck...
FAA Will Change Airspace Rules over Hudson River
Sep 4 2009 // Federal aviation officials say they will change airspace rules over the Hudson River at New York City after
Pay-By-The-Hour Aviation Insurance Broadly Available
Sep 1 2009 // Flight schools, aircraft rental operators, charter operators, flying clubs, aerial mapping and survey, and other qualifying commercial aviation operators nationwide may take advantage of a new pay-by-the-hour insurance...
Missouri Aviation Specialists Offer Pay-by-the-Hour Insurance Coverage
Aug 28 2009 // St. Louis, Mo.-based Travers and Associates is now offering pay-by-the-hour insurance coverage as a cost saving alternative to traditional commercial aviation insurance packages. Travers and Associates specializes in...
Don’t Mock Safety in Recreation & Leisure
Aug 17 2009 // Insurance plays an important role in trying to get businesses, employees, drivers, pilots and passengers to pay attention to safety rules and procedures. Everybody needs a little fun in their lives – even insurance...
