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Pilots N Paws®
is an online meeting place for pilots and
other volunteers
who help to transport rescue animals by air. The mission of the site is to provide a user- friendly communication venue between those that rescue, shelter, and foster animals; and pilots and plane owners willing to assist with the transportation of these animals.
A general aviation transport
requires just one pilot volunteer
and is far more efficient and
dependable than time-consuming ground transportation for these animals who are often in danger of euthanization. Volunteer pilots retain complete authority of their planning and flights, and can give as much or as little time as they like. Flights are tax deductible 501c3.
SIMPLE AS 1-2-3
No bothersome paperwork required! If you love to fly, and you love animals, please join us now! It’s easy, it’s fun, and it’s extremely rewarding. Joining is easy and takes just
a minute of your time.
1. Go to www.pilotsnpaws.org and register
2. Post your information and read other posts
®
3. Wait for contacts /make contact with others
®
Pilots N Paws
www.pilotsnpaws.org
The shift to a soft market is primarily driven by an increase in capacity within the insurance sector. More carriers are entering the market, eager to compete for your business. This influx of competition is a welcome change for King Air owners, as it opens up new opportunities for securing better coverage at more favorable rates. However, the challenge lies in reconciling the hull values of the 2025 King Air market with the insured values from 2015. While the actual premium dollars may not see a dramatic decrease, the rates per thousands of insured value are expected to decline, providing a better value proposition for aircraft owners.
Sample aviation insurance policy
D. Aircraft Hull and Liability: Tenant shall at its expense maintain Aircraft Hull and Liability Insurance. The aircraft hull insurance shall be all risk, including war, in an amount of at least 100% of the replacement value of the owned Aircraft and shall provide a waiver of subrogation by Tenant’s insurer against Landlord. The aircraft liability insurance shall include war risks liability insurance and shall be in an amount not less than $100,000,000 each occurrence. The aircraft liability insurance shall name Landlord as an additional insured.
Trends we saw during the hard market
Interestingly, the softening market is not solely a result of reduced losses. While catastrophic losses, often referred to as “bell ringers,” are relatively rare, the insurance industry continues to grapple with attritional losses. These losses, including incidents such as hangar rash, foreign object debris and hot starts, can accumulate and cost insurance underwriters millions of dollars each year. Adjusting these partial losses remains a significant expense, particularly as shop rates and the pricing of OEM parts continue to rise. Inflation has made it increasingly difficult for underwriters to manage these costs effectively.
During the hard market, insurance carriers were focused on reducing their exposure and increasing their pricing structures. This led to a situation where some King Air operators found it challenging to secure policies, especially those wishing to operate single-pilot. The industry began to see the emergence of “quota- share” or “vertical” placements, where one insurance carrier would provide the primary policy and additional carriers would agree to share the risk. While common in the airline industry, this practice had been relatively
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JANUARY 2025
KING AIR MAGAZINE • 9