From: VTAILJEFF@aol.com
Message-ID: <166.af17dae.29cfa1bd@aol.com>
Date: Sun, 24 Mar 2002 16:40:13 EST
Subject: Re: EAA Seeking Insurance Solutions
To: lancair.list@olsusa.com, poberezny@eaa.com
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Reply-To: lancair.list@olsusa.com

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          <<  Lancair Builders' Mail List  >>
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>> SNIP>> Updated 3/20/02 6:45 p.m. - EAA is seeking answers and solutions f=
or
its members after a recent moratorium on insurance for many types of
homebuilt aircraft. That moratorium is on new policies written under the EAA
Insurance Plan by Avemco Insurance Company. It was put in place after
reported losses in Avemco=E2=80=99s homebuilt insurance business.
=E2=80=9CWe are asking for data and answers to back up these reported losses=
,=E2=80=9D EAA
President Tom Poberezny said. =E2=80=9CTo leave large groups of homebuilt ai=
rcraft
without coverage is simply unacceptable. It is absolutely essential that we
know if there are any problems with particular models of homebuilt aircraft
and how that affects coverage for the entire homebuilt community.

=E2=80=9CWhen similar situations in insurance coverage have emerged in the p=
ast, EAA
has met the challenges to keep our members=E2=80=99 aircraft flying. EAA is=20=
just as
committed now to finding solutions and securing coverage across the broad
spectrum of aircraft flown by our members.=E2=80=9D

The moratorium was suddenly announced little more than a week ago by Avemco.
Since that point, EAA staff members have been in continual contact with
Avemco representatives, requesting data and background, and will be meeting
with the company to find possible solutions to the situation.>>> SNP>>

A week ago??? I don't think so. I talked to Earl Lawrence at EAA about this=20
last fall after being cancelled by AVEMCO.=20
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