When shopping for insurance, you may have encountered the term “admitted company” or “admitted insurer.” What does that mean? It sounds like industry jargon, but it’s a distinction that directly affects your financial protection. This article will explain exactly what an admitted company is, the strict insurance regulations they must…
Imagine you are completing a preflight check on a perfect day for flying. Suddenly, a ground service vehicle misjudges a turn and strikes your aircraft’s wing. Or consider an unexpected mechanical issue that forces an emergency landing, resulting in damage. These scenarios highlight the significant risks involved in owning and…