The aviation industry has been flying through a hard aviation insurance market since mid-2018 marked by increasing rates and stricter underwriting guidelines. To address all the factors that have ...

Aviation liability insurance provides protection against claims and lawsuits arising from bodily injury or property damage caused by an aircraft. It includes both third-party liability (injuries or ...

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.

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 ...

Private jet insurance is a crucial necessity to mitigate significant financial risks associated with aircraft operation, covering both physical damage to the aircraft and liability for injury or ...

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 ...

The most hotly contested aviation law issue in the United States has been whether and to what extent federal law preempts state law. The stakes in the fight over preemption are high because a ...

MONTREAL/NEW YORK (Reuters) - The aviation industry is bracing for double-digit insurance premium hikes for the first time in about 15 years, as insurers wrestle with higher costs from aircraft ...

LLCs are not iron-clad in protecting aircraft owners from all liabilities, but they often makes sense as part of an overall aircraft ownership structure. David G. Mayer is a member of the global ...

The Russian Ministry of Transport has drafted legislation calling for mandatory liability insurance for Russian airlines operating scheduled flights. The insurance would guarantee refunds for ...

Kathmandu, June 27 -- led government has revived a long-delayed bill that seeks to overhaul Nepal's domestic aviation ...