Category Archives: Aviation Insurance

SAFE Appoints Its First Executive Director

The Board of Directors of the Society of Aviation and FlightEducators (SAFE) recently accepted Doug Stewart’s resignationfrom the Board of Directors and voted unanimously to appoint him asthe organization’s first Executive Director. according to oneBoard member, Stewart “was a logical choice to become ourfirst Executive Director. He had ably chaired the Board since ourfounding in 2009, and he has the credentials, administrativeexperience, and industry contacts necessary to successfully fulfillthe job requirements.”

Top 3 Companies in the Property & Casualty Insurance Industry With the Highest Revenue Per Employee (AXS, ABK, AHL)

Below are the three companies in the Property & Casualty Insurance industry with the highest Revenue Per Employee (RPE). Analysts use RPE as a measure to compare the productivity of companies in the same industry.

Small Business Owners Trust Independent Insurance Agents and Commercial Insurance Carriers Significantly More Than Other Financial Services Businesses

WORCESTER, Mass., Nov. 10, 2011 — /PRNewswire/ — the Hanover Insurance Group, Inc. (NYSE: THG), a leading provider of property and casualty insurance products nationwide, today announced the results of a new survey that demonstrates small business owners trust independent insurance agents and commercial insurance carriers significantly more than other financial services businesses.

(Logo: http://photos.prnewswire.com/prnh/20051031/NEM023LOGO )

Global Aerospace, Inc. and ICF SH&E Announce Strategic Safety Partnership

PARSIPPANY, N.J.–()–Global Aerospace created, developed and fully sponsors the SM4 program. it is a clearing house for aviation safety resources and is a focal point for safety communication and synergy. Dedicated to reducing aviation related mishaps, the SM4 program focuses on the four essential aspects of a proactive safety culture: PLANNING, PREVENTION, RESPONSE and RECOVERY.

Willis Report Concludes Airline Industry is Buyers’ Market

An analysis from Willis Group Holdings concludes that “despite ongoing global economic challenges, the airline industry continues to project a positive picture, with loss levels at a six-year low and insurance premiums trending on a downward slope.

Willis’ Airline Insight newsletter notes that “so far, this year has seen average fleet value exposures grow by eight per cent against a 16 percent rise in passenger numbers, while premium levels are down by one percent year-on-year.”

Underwriting Jobs

Underwriting jobs involve deciding if applications for insurance cover should be accepted and if so, what the terms of that acceptance are. Underwriters assess a risk according to the likelihood of a claim being made, by weighing up a number of factors and asking for detailed information from policyholders. the aim of underwriting jobs is to minimise losses for the company and help to make a profit.

Jardine Matheson : Jardine Lloyd Thompson Group plc Interim Management Statement

To: Business Editor 8th November 2011 For immediate release

Jardine Lloyd Thompson Group plc Interim Management Statement

the following announcement was issued today by the Company’s associate, Jardine Lloyd Thompson Group plc. For further information please contact: GolinHarris Kennes Young (852) 2501 7987

Chorus Aviation Inc. announces solid third quarter 2011 financial results

Press Release Source: CHORUS AVIATION INC. on Monday November 7, 2011, 3:17 pm EST

Consistent quarterly profitability since 2006

HALIFAX , Nov. 7, 2011 /CNW/ – Chorus Aviation Inc. (“Chorus“) (TSX: CHR.B CHR.a CHR.DB) today announced its third quarter 2011 earnings with a net income of $13.9 million or $0.11 per share, and on an adjusted basis of $21.5 million or $0.17 per share.

Pilot Insurance Center -

Authorized Distributor and Service Center for Kelly Aerospace (JanAero/Janitrol) and Stewart Warner-South Wind Combustion Aircraft Heaters and their components: heaters, ignition assemblies, spark plugs, blower assemblies, dc motors, brushes, bearings, blower wheels, fuel pumps, fuel pressure regulators, gaskets, grommets, and AN/MS hardware… Harold Haskins, inc. is also a Authorized Distributor for ALL ofKelly Aerospace’s other products such as Carburetors, Servo/Flow Dividers, Fuel Pumps, Starters, Voltage Regulators, Alternators, and Magnetos, and related kits.

Letters: Post needed aviation expertise on helicopter crash story

By Letters to the Editor for Tuesday, Nov. 8

Posted: 7:24 p.m. Monday, Nov. 7, 2011

As a retired commercial pilot, I feel compelled to do some clarifying and ask for some clarification regarding the Sunday story "Helicopter stalls, crashes near house."

I will start with the clarification. Helicopters do not stall. Their engines can fail or stop running as a result of various factors, such as fuel starvation. Engines in automobiles do occasionally stall. Usually when they stall, they will start running again.