Latest Aviation Headlines
All the headlines from our Aviation Topic Page, ordered by recency.
Paris Airport Collapse Insurance Recoveries Unclear
Jun 1 2004 // A portion of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport collapsed on Sunday May 23, killing four people, and sending shock waves throughout France. Over a week later the cause of the...
Tornadoes Rip Through Storm-Weary Midwest
Jun 1 2004 // Powerful storms again swept across the Midwest, downing trees and power lines and spawning twisters that leveled houses and barns and sent mobile homes hurtling through the air. In Marengo, Ind., a town of 800 about 35...
N.Y. Jury Denies Drug Convict’s Med-Mal Claim
Apr 29 2004 // A federal jury in New York has ruled against a convicted drug mule who claimed he was improperly forced to undergo surgery to remove heroin-filled condoms he had ingested. William Meequaye Kanyi filed suit against doctors,...
MetLife Receives Approval for China Joint Venture
Mar 26 2004 // Chinese regulators have approved plans for a joint venture between U.S. life insurer MetLife Inc. and the owner of the Beijing International Airport, MetLife said Thursday. The U.S. company has a 50 percent stake in the...
GE ERC Announces Global Appointments
Feb 26 2004 // GE ERC announced four key appointments, which it indicated, were “aimed at strengthening its connection with customers.” GE Global Asset Protection Named Dane Lopes Vice President, Sales. GE Frankona Re...
148 Die in Red Sea Plane Crash
Jan 5 2004 // A chartered Boeing 737 with 148 people on board crashed into the Red Sea shortly after taking off from the Egyptian resort of Sharm el-Sheik early Saturday morning. There were no survivors. The plane, operated by Egyptian...
Terrorist Threats Disrupt Holiday Flights
Jan 2 2004 // The elevated terrorist threat levels decreed by the Homeland Security Department and the U.S. Transportation Security Administration, coupled with repeated warnings from the FBI, combined to disrupt trans-Atlantic air...
Dan DeHart and Kai Stratmann Join SalvageSale
Oct 21 2003 // Houston-based SalvageSale Inc., which provides full-service salvage recovery, salvor services and loss mitigation for the commercial salvage markets, announced that senior insurance industry veteran Dan DeHart has joined...
RISConsulting Announces New Models for Aircraft Risk
Sep 23 2003 // The Boston-based RISConsulting Group LLC (RISC), a transactional consulting firm specializing in complex risk, announced the introduction of two new models to its Web site – (www.aircraftrisk.com), for the aircraft...
Wellstone Crash Families Settle With Airline’s Insurer
Aug 29 2003 // Aviation Charter Inc. has agreed to a $25 million insurance settlement with the family members of Minnesota Sen. Paul Wellstone and five other passengers as compensation for the October plane crash which killed them,...
NYMAGIC to Take Over Southern Marine and Aviation Program
Aug 22 2003 // NYMAGIC, Inc. announced that its insurance subsidiary, New York Marine And General Insurance Company, would assume the new and renewal business written under a primary marine cargo program managed by Southern Marine &...
(Reader’s Choice) The Top 10 Golf Resorts
Aug 4 2003 // Looking for a great course to woo your next client on the fairway? Insurance Journal readers voted for their favorite golf resort…. And the results are in! We gathered reader comments as to why they voted for their...
Oklahoma Agency Placed in Conservatorship
Jul 29 2003 // The Oklahoma Insurance Department announced that former Oklahoma County District Court Judge Leamon Freeman ordered increased supervision by the insurance department over Aviation Insurance Group Agency Inc. of Bethany....
Oklahoma Agency Placed Into Supervision
Jun 16 2003 // Oklahoma Insurance Commissioner Carroll Fisher placed a Bethany insurance agency into supervision after learning that its owner may have stolen more than $100,000 from her customers in the form of refunds she hid from...
Kansas City Life Insurance Company First Quarter, 2003 Earnings Release
May 9 2003 // Kansas City Life Insurance Company posted a $0.62 per share net loss in the first quarter 2003, compared with a $0.54 per share net income last year. The net loss of $7.5 million for the quarter is primarily due to...
AIG Aviation Offering New Coverage for The Civil Air Patrol
May 6 2003 // AIG Aviation, Inc., a member company of American International Group, Inc. (AIG), is now endorsing Civil Air Patrol (CAP) liability coverage onto the non-owned aircraft damage liability insurance form. “The Civil Air...
War in Iraq: The Known and Unknown Consequences for the Industry
Apr 7 2003 // As President Bush and his advisors made good on their defiant promise to act alone if necessary to get rid of Iraq’s tyrannical régime, the world heard echoes of Mark Antony’s cry of rage and revenge –...
War in Iraq: The Known and Unknown Consequences
Apr 7 2003 // As President Bush and his advisers made good on their defiant promise to act alone if necessary to get rid of Iraq’s tyrannical régime, the world heard echoes of Mark Antony’s cry of rage and revenge,...
Allianz: No Plans to Cancel Airline Coverage, EU Prepares Back-up Help
Mar 26 2003 // Germany’s Allianz AG, one of the largest providers of coverage to the European Community’s air carriers, has issued a statement indicating that, while it has no plans to cancel coverage on flights headed for...
No Cancellations on Gulf Related Coverage – Yet, But Insurers Warn of Surcharges
Mar 21 2003 // Despite the onset of the long anticipated war with Iraq, there have as yet been no outright cancellations of coverage relating to the Persian Gulf Region. Many insurance companies, however, have warned that they will...