Pilot Insurance News
Aviation insurers report profits as safety reaches all-time high
January 30, 2012, 10:24 am
Because aviation-related fatalities fell in 2011 to the lowest levels since 1984, aviation insurers are experiencing significant profits due to decreased claims.
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Fatal crashes highlight need for insurance
November 28, 2011, 04:51 pm
Unexpected problems and malfunctions occur in small planes, thus pilots should be prepared with adequate pilot insurance to protect against unfortunate events.
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Young pilots crash but remain confident
November 23, 2011, 06:48 pm
A private plane recently crashed near Princeton, Minnesota, airport but the rookie pilot was able to crawl out of the upside down plane completely unharmed.
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Pilot mistakes subdivision for runway
November 23, 2011, 06:47 pm
A 23-year-old pilot student recently made a crash landing in a subdivision in Pasco, Florida, when he mistook a road for a runway.
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Cause of crash remains a mystery
November 23, 2011, 06:45 pm
The crash not only disrupted the show and caused damage to the aircraft, but it badly burned one individua who later died from the incident.
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Small plane crash in Flint
November 18, 2011, 02:41 pm
A small plane recently crashed at Flint's Bishop International Airport in Michigan.
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Plane crash victims identified
November 17, 2011, 07:40 pm
The Palm Beach County Sheriff's Office investigators recently identified the pilot and passenger who were killed in the single-engine plane crash discovered in the national wildlife refuge near the Everglades.
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Small plane plummets before crash
November 16, 2011, 06:52 pm
A single-engine plane crashed in Colorado after first plummeting 7,000 feet in one minute before hitting the Sangre de Cristo Mountains. Both the pilot and passenger died in the incident.
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Salt Lake City airport giving pilots obstacles to deal with
November 14, 2011, 07:55 pm
A privately owned Lear jet recently aborted takeoff from the Salt Lake City International Airport, and skidded off the runway to come to a rest partially tilted with one wing touching the ground.
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Richmond observes 50-year anniversary of fatal crash
November 11, 2011, 06:30 pm
Fifty years ago a four-engine airline crashed into Byrd Field in Richmond, Virginia, killing 74 soldiers and three crew members, just a mile southeast of a runway.
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Pilot narrowly escapes serious injury in plane crash
November 11, 2011, 05:31 pm
A small plane recently crashed into Swift Creek Reservoir in Virginia, with the 78-year old pilot just barely escaping serious injury.
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US plane found with counterfeit Chinese parts
November 9, 2011, 08:00 pm
The Senate Armed Services Committee recently found dozens of counterfeit parts in at least seven defense planes, most of the parts were purchased from Chinese manufacturers.
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FAA amends certification requirements for single-pilot jets
September 13, 2011, 04:09 pm
A new Federal Aviation Administration rule will require pilots of single engine planes to pass annual proficiency exams.
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MAC Commercial hires aviation insurance expert
September 2, 2011, 03:53 pm
Backed by more than 30 years of experience in the aviation industry as a consultant and aircraft insurance specialist, Brian Kirkland was recently appointed officially as a consultant at MAC Commercial and Professional Risks.
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Kingfisher Airlines announces insurance premiums remain the same despite growth
September 1, 2011, 04:16 pm
Kingfisher Airlines, based in India, recently renewed its annual insurance policy.
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2011 on pace for record low number of aviation insurance claims
July 27, 2011, 03:09 pm
Aon Aviation recently announced that so far, 2011 is on track to have record low number of aviation insurance claims.
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Aircraft manufacturer not responsible for Cory Lidle crash
May 25, 2011, 03:41 pm
When New York Yankees pitcher Cory Lidle and a flight instructor crashed into the side of a building in 2006, their widows claimed that the accident was the result of faulty manufacturing, not pilot error
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Life insurance can be affordable
November 8, 2010, 11:47 am
Having life insurance is important for families, in particular those where one who provides financial support has a dangerous occupation. The Insurance Information Institute has tips for consumers who are ready to purchase coverage, but aren't sure where to begin.
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Financial planning important for the future
November 1, 2010, 04:56 pm
Financial planning important to ensure posessions are handled properly
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Employee healthcare contributes to increase for Boeing employees
October 20, 2010, 04:33 pm
Employees that work for aviation giant Boeing may find their paycheck doesn't stretch quite as far as it once did. Reports say the company is the latest to shift rising healthcare costs onto its employees.
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NTSB reports decline in fatalities
October 6, 2010, 01:15 pm
Regardless of the mode of transportation, reaching one's destination was safer last year. The National Transportation Safety Board reports that fatalities declined more than 9 percent between 2008 and 2009.
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Dates for Sport Aviation Expo announced, pilot insurers expected to attend
June 11, 2010, 06:50 pm
The dates for next year's U.S. Sport Aviation Expo have been set, according to a recent release from the organization.
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New grads may benefit from life insurance policy
May 25, 2010, 05:20 pm
Regardless of what degree they may have received, or what level of education they may have completed, young people who have just graduated have their whole lives ahead of them.
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Senate, House bills' effect on life insurance still in the air
May 24, 2010, 09:00 pm
Most pilots have their own regulatory issues to deal with, including advancements made in safety requirements and the Federal Aviation Administration's attempts at upgrading the air transportation system.
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MIB: Life insurance applications growing so far in 2010
May 18, 2010, 03:31 pm
A recent report from the MIB Group showed that on a year-to-date basis, life insurance applications are up 0.6 percent this year.
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Increasing number of dependents can lead to needing more life insurance
May 5, 2010, 04:00 pm
Changes in life circumstances are one reason why consumers should consider looking over their life insurance coverage, or consider getting a policy in the first place.
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Life insurance premiums for military personnel to drop
April 30, 2010, 05:47 pm
Military personnel who have life insurance through a Department of Veterans Affairs program are going to get some financial relief in July.
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ACLI sets loose Twitter account to inform professionals, consumers
April 29, 2010, 07:30 pm
With the rise of different forms of social media, the way people communicate information has changed.
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