Personality theories the nature of the being

The Future Of Aviation Insurance Essays - Types Of Insurance

The Future Of Aviation Insurance Essays - Types Of Insurance The Future Of Aviation Insurance Insurance and the Future of Aviation AVM 401 Analysis of Issues in the Aviation Industry Southern Illinois University, Carbondale September 26, 2000 Assignment #2 Introduction This report will discuss the future of the aviation industry and the effects of high insurance cost. As the industry enters into the millennium, the insurance industry must look at several problems that also face the aviation industry. Survival for the small FBOs is getting harder each day; the threat of financial devastation is real when it comes to lawsuits. General aviation may be forced to change its way of doing business and become more like the military and commercial airlines. One can only hope that society will change their attitude towards the aviation industry and the litigation that surrounds the industry. We all hope for a positive future for the community. Insurance and the Future of Aviation The aviation industry, as it is known today, has grown into a set of definable industries. Modern aircraft range from military to commercial airlines to the most diverse group, general aviation. Aviation has come a long way the last 100 years. The industry is still developing, with growth comes problems that must be solved before the industry can go to the next level. As the industry enters into the millennium, the insurance industry must look at several problems that face the aviation industry. Legal concerns, in many cases, theyre influenced by our society. The court system plays a big part by their decisions that are passed down. Its rare when an aviation case goes to court, because insurance agencies know theyll lose when the jury hears the case. Its just too easy to prove pilot negligence; most aviation accidents result from pilot error. Also, when they do go to court, they very seldom mount a defense due to the unreasonable verdicts, and ridiculous awards. These practices has forced aircraft owners to stay away from new policies and let their insurance coverage lapse. Aircraft owners pay three to five times the amount for adequate liability coverage than their counter parts else where in the world. Survival for the small business operators is getting harder each day due to the General Aviation Revitalization Act (GARA); the threat of financial devastation is real when it comes to lawsuits. The (GARA) defects lawsuits from manufacturers to aviation service providers. FBOs insurance rate are skyrocketing because of this, which contributes to the cycle by causing higher repair cost. Many small business operators really dont want to take the chance and cant afford the rising cost thats associated with liability insurance. As of February 2000 at least three aviation insurance under writers ceased writing coverage for the small business operators, saying its a major risk (Chappell, T. 2000, p.2). One of the main reasons is the cost to the underwriters. Aviation insurance companies have paid out a dollar and quarter for ever dollar theyve taking in, for each of the last several years. No wonder so many are closing down, merging, or getting out of the historically riskier aviation activities (Chappell, T. 2000, P.2). General aviation may be forced to change its way of doing business and become more like the military and commercial airlines. Maintenance problems may be identified by computers, and then repaired by the manufacturers. The industry is coping with the mounting cost associated with liability insurance. Remove and replace maintenance is the attitude the industry must lean towards. The manufacturers would set up new factory service centers and repair facilities for the general aviation customers. This system wouldnt help the rising cost of insurance, but maintenance and ground liabilities would rest on the shoulders of the manufacture. The market itself is shrinking, weve had a generation of pilots from WWII, Korea, and Vietnam that was introduced to aviation and trained at the governments expense. Because of modern technology, well never again have the numbers that we once had. The aging fleet and pilots cant help the situation that the industry is facing; the average aircraft age is 15 to 20 years, and the post Vietnam pilot is now 50 to 60 years of age. The underwriters are very worried about the age of both the pilots and the aircraft. During a telephone interview with Darrel Hyde

Outline for Artist Research and Comparison Essay

Outline for Artist Research and Comparison - Essay Example 36-45). Besides Tomma, Daniel Buren is another painter whose works were successful in inspiring me for this paper. In particular, Daniel is a conceptual artist who represents the art movement of Abstract Minimalism, so he somehow relates with Tomma in some ways. Moreover, regarding his artistic style, he is more into sculptures and integration of art into historical buildings that is a noteworthy characteristic of this artist (Temkin, pp. 216-236). Brice Marden is the third artist that found his place in this paper. He is another painter that represents the Abstract Art movement, and specifically, the Abstract Minimalism (Marden & Keller, pp. 23-49). Despite being an abstract painter, his works relate especially with the landscape and nature that is a unique and unusual attribute about an abstract painter. Lastly, Blinky Palermo was an abstract painter from Germany who dies in the year 1977. One of the major reasons of choosing this painter was his integration of abstract art into fa bric paintings and colorings that put him aside other artists from the Abstract Art movement. Although he was an abstract painter, but experts have related his works with Constructivism, as well as Modernist Art movement (Temkin, pp. 216-236). After analyzing different studies and works of the four painters, the final paper will be including investigation and scrutiny of two painters, Tomma Abts and Brice Marden. It is an observation that both painters enjoy few similarities in their relationship, as well as some differences that distinguish them from each other. For instance, both represent the movement of Abstract Art that brings them under a single umbrella, and it will be easier to analyze their works from a single lens. Detailed study of Tomma Abts (Hoptman & Hainley, pp. 22-27) has indicated that her works seem abstract in an ideal manner; as none of her works seem to represent or deliver any kind of theme