Archive for the ‘Insurance Products’ Category
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Repair Cost Inflation: What Is Going On?
In recent years, western economies have enjoyed incredibly low levels of price inflation overall. Certain costs have bucked the trend, however, as you will know very well if you have tried renting an apartment in London or San Francisco. Another of these “outliers” appears to be the cost of repairing aircraft hull damage. So, how big is the problem and what are its causes?
Claims Update: So, Your Company Has Been Sued
The phrase “Millions for Defense, Not One Cent for Tribute” is oft cited by clients who find themselves or their company in what appears to be a non-meritorious lawsuit. In these cases, we can become enamored with our defenses and we embark on a scorch the earth litigation. We want to win, we want to tell our story, we do not want to set precedent and we want to make sure the plaintiff and the attorney know we will not give up.
Important Considerations About Aircraft Hangars
Whether you are an individual owner or a large operator, properly storing and protecting your aircraft is essential to maintaining the value of this asset and ensuring it continues to operate at peak performance. Consequently, it is important that you consider your options for hangaring an airplane before you acquire it.
Insuring a New Aircraft? Keep These Important Tips in Mind.
For pilots pondering an aircraft purchase, the first consideration is finding the airplane that will best meet their needs. Once that perfect airplane is found, a next step should be…
Aviation Insurance Claims Costs are Rising. Here’s Why.
Pilots, operators, and other aviation stakeholders have observed that aviation insurance claims costs trend upward. Understandably, many ask why that is the case. While there is certainly a “cost of…
Aviation Insurance Guide: A Resource for Owners and Pilots
Aviation insurance is a product that is absolutely crucial to aircraft owners and pilots, but may be confusing. Ensuring that you have the right insurance requires that you understand the…
What You Need to Know About Experimental Aircraft Insurance
Many pilots of standard aircraft find another outlet for their passion for flight by building aircraft themselves from kits. Technically known as experimental amateur-built (EAB) aircraft, and sometimes called home-built…
Insuretech: Is Fundamental Change in the Insurance Industry on the Horizon?
Many believe the answer is a resounding “yes.” An industry that is often characterized as slow to adapt and somewhat opaque to the outside world is being challenged to adjust…
World Events: Litigation Arising from the 9/11 Terrorist Attacks Concludes
The litigation against airlines, security companies and other aviation-related defendants following the September 11, 2001 terrorist attacks against the United States finally was concluded in December 2017. Following the terrorist…
What You Need to Know About Rotary-Wing Aircraft Insurance
The term “rotary-wing aircraft” refers to vehicles that use lift produced by narrow wings revolving around a mast to become airborne. These aircraft are also known as rotorcraft or more…
