Sport pilot/light-sport aircraft will favorably affect the
aviation insurance business, said Global Aerospace Executive Vice
President John D'Angelone, a keynote speaker at this week's 28th
annual Aviation Insurance Association conference in Las Vegas
"We believe that the new FAA sport pilot certificate and
light-sport aircraft options will have a significant positive
impact on our business," he said during an outline on significant
general aviation opportunities emerging in 2004 and beyond. Sport
Pilot and Light Sport Aircraft were highlighted as important
initiatives for the future of general aviation.
Falcon Insurance Agency of Kerrville (TX) announced in April
that the EAA Aircraft Insurance Plan will be ready to serve both
sport pilots and light-sport aircraft owners with hull and
liability coverage when the rule goes into effect.