Introduction to Aviation Insurance and Risk Management

Alexander T. Wells, Ed.D. is currently the academic director of the Aviation Insurance Association (AIA) Educational Institute. Starting his insurance career as an aviation underwriter with Royal-Globe Insurance Companies in 1960, he subsequently was a broker with Rollins Burdick Hunter Company in Chicago. Retiring in 1998 after a 26-year teaching career, he presently serves as an adjunct professor of aviation business administration at Embry-Riddle Aeronautical University. Bruce D. Chadbourne, Ed.D. graduated from the University of Florida with a major in property and casualty insurance. Starting as a general agent with Aetna Life Insurance Company where he earned the Chartered Life Underwriter (CLU) designation, he held a number of management positions before entering the teaching field in 1973 with Embry-Riddle Aeronautical University where he is presently a professor of aviation business administration.

Part One The Aviation Insurance Industry; Chapter 1 Aviation Insurance in the United States: A Historical Perspective; Chapter 2 Insureds and Liability of the FAA; Chapter 3 Insurers; Part Two Principles of Insurance and Risk Management; Chapter 4 Risk and Insurance; Chapter 5 Risk Management; Chapter 6 The Legal Foundation for Insurance; Chapter 7 Insurance Contracts; Part Three General Aviation Insurance; Chapter 6 Aircraft Hull and Liability Insurance Sample Policy and Endorsements; Chapter 9 Airport Premises Liability and Other Aviation Coverages Sample Policy and Endorsements; Chapter 10 Underwriting and Pricing General Aviation Risks Sample Applications; Part Four Other Lines of Insurance; Chapter 11 Airline and Space Insurance; Chapter 12 Aviation Business Property Insurance and Transportation Insurance Sample Policy; Chapter 13 Workers' Compensation, Automobile, and Bonds; Chapter 14 Employee Benefits and Business Use of Life Insurance; Glossary; Appendix Self Tests.