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Archive for the ‘Uncategorized’ Category

Aviation Insurance for Unmanned Aircraft Systems

Monday, June 29th, 2015 | Uncategorized | No Comments

risks-covered-uasInterest in Unmanned Aerial Systems is increasing dramatically and expected to create an $80B economic impact over the net 10 years according to the AUVSI. Drones may be referred to as: • UAS – Unmanned Aerial Systems • UAV – Unmanned Aerial Vehicles • RPAS – Remote Piloted Aerial System. Industry uses are constantly evolving and can include everything from Aerial Photography, Surveillance, Realty, Municipal Authorities, Construction and beyond.

Aviation Underwriters have developed special policy forms to address the unique needs and exposures presented by UAV/UAS Insurance. Contact us for aviation specific solutions: Nathan Woodall at nwoodall@drcoxandco.com or contact us at 865-588-2448.

Airport Safety Advocacy Program (ASAP) Available to Kentucky Airports

Monday, June 23rd, 2014 | Uncategorized | No Comments

Global Aerospace, a leading provider in the Aviation Insurance industry, recently enrolled the Kentucky Aviation Association (KAA) into its Airport Safety Advocacy Program. The ASAP Program provides eligible Kentucky Airports with comprehensive Airport Liability Insurance along with SM4 Safety Benefits and Accident Forgiveness. Global Aerospace provides support of the KAA through royalty payments.

For more information on the Airport Liability Insurance Program available to Kentucky Airports or to obtain an Airport Liability quotation through the new ASAP Program, please contact Kathryn Woodall: kwoodall@drcoxandco.com

Effects of Tennessee Workers Compensation Reform

Tuesday, September 24th, 2013 | Uncategorized | No Comments

The Tennessee Workers Compensation Reform Act will take effect on July 1, 2014. Tennessee is currently one of only 2 states adjudicating workers comp lawsuits in the court system. One of the most significant aspects in the Reform Act is that claim disputes will no longer be handled in our court system.

A new “Court of Workers’ Compensation Claims” is being established. Tennessee will have a Workers Compensation Division within the TN Department of Labor and Workforce Development. Workers Compensation claim disputes will be handled by this new administrative entity rather than in the trial courts.

A new “Ombudsman Program” is also mandated under the Reform Act in order to provide employee assistance, education and mediation of claims-related disputes for workers without an attorney.

The Reform Act also includes key changes in HOW Workplace Injuries are Defined. Essentially, there is a higher burden to prove that a worker’s injury was sustained on the job.

The Reform Act is intended to simplify and expedite the workers compensation claims process while establishing more clear rules and regulations. Injured workers may realize lower benefits and will face a completely new method of recourse. Employers will need to be aware of new requirements and penalties. It will take time to see any impact on the rates themselves.

Please see the Tennessee Workers’ Compensation Division’s 2013 Reform Legislation Overview for more detailed information.

NBAA Announces 2013 Flying Safety Awards Call for Applications

Thursday, January 24th, 2013 | Uncategorized | No Comments

Get recognition for your company’s safety record by applying for a 2013 NBAA Flying Safety Award. There is even a Private Pilot Category (new for 2013)! See the below Press Release and follow the link to apply online.

Washington, DC, January 7, 2013 – The National Business Aviation Association (NBAA) announces its call for applications for the 2013 Flying Safety Awards. Over the decades, these awards have brought worldwide attention to the outstanding business aircraft safety record. Founded in 1953, the esteemed program marks its 60th year in 2013 with the creation of a new award for light business airplane pilots and the introduction of new web-based applications. Link to NBAA and application: http://www.nbaa.org/news/pr/2013/20130107-002.php
Contact: Dan Hubbard, (202) 783-9360, dhubbard@nbaa.org

NATA Announces Workers’ Compensation Insurance Program Changes

Thursday, October 11th, 2012 | Uncategorized | No Comments

NATA recently announced that after 36 years of partnering with USAIG for their Workers Compensation Program, a new Program will be released beginning January 1, 2013, underwritten by Companion Property & Casualty Group and managed by Beacon Aviation Insurance Services. NATA members who have renewed in 2012 will continue to be insured in the USAIG program and will have the option of getting a quote in the new program at their normal renewal date in 2013. We look forward to continuing to offer the NATA Workers Compensation program to our Aviation Workers Compensation clientele. If you have any questions regarding your policy in the NATA program or would like a quote for your upcoming renewal, please contact us! For more information on the changes to the NATA Program, please follow this link: NATA program announcement

D.R. Cox & Company, Inc.

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