Aviation Insurance

Proposed Rule (NPRM) Closed · awaiting Final Published 1997-04-22 Comment closes 1997-06-02 62 FR 19530 View on federalregister.gov ↗

Abstract

This document contains a correction to the NPRM published in the Federal Register (62 FR 19008) on April 17, 1997. The NPRM is proposing to revise Title 14 Code of Federal Regulations (CFR) part 198 to provide for the issuance of insurance for certain types of flight operations and for the issuance of insurance for certain ground support activities essential to flights insured under the Aviation Insurance Program. Also, the amendments would redefine the activation of insurance coverage, revise the process for amending insurance policies, increase the binders for non-premium insurance coverage, and reflect new statutory authority. The proposed amendments would allow the FAA to be more responsive to the aviation industry when commercial insurance coverage cannot be obtained on reasonable terms, and the insurance coverage can be provided by the Aviation Insurance Program.

Full text

16 paragraphs · 295 words.

[Federal Register Volume 62, Number 77 (Tuesday, April 22, 1997)] [Proposed Rules] [Page 19530] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 97-10368]

-----------------------------------------------------------------------

DEPARTMENT OF TRANSPORTATION

Federal Aviation Administration

14 CFR Part 198

[Docket No. 28893; Notice No. 97-5] RIN 2120-AF23

Aviation Insurance

AGENCY: Federal Aviation Administration (FAA), DOT.

ACTION: Notice of proposed rulemaking (NPRM); correction.

-----------------------------------------------------------------------

SUMMARY: This document contains a correction to the NPRM published in the Federal Register (62 FR 19008) on April 17, 1997. The NPRM is proposing to revise Title 14 Code of Federal Regulations (CFR) part 198 to provide for the issuance of insurance for certain types of flight operations and for the issuance of insurance for certain ground support activities essential to flights insured under the Aviation Insurance Program. Also, the amendments would redefine the activation of insurance coverage, revise the process for amending insurance policies, increase the binders for non-premium insurance coverage, and reflect new statutory authority. The proposed amendments would allow the FAA to be more responsive to the aviation industry when commercial insurance coverage cannot be obtained on reasonable terms, and the insurance coverage can be provided by the Aviation Insurance Program.

DATES: Comments must be received on or before June 2, 1997.

FOR FURTHER INFORMATION CONTACT: Eleanor Eilenberg, (202) 267-3090.

Correction of Publication

In the NPRM (FR Doc. 97-9957) on page 19008 in the issue of Thursday, April 17, 1997, the Internet address for electronically sending comments was incorrectly written. Please make the following correction: On page 19008, in the Addresses section the internet address should read as follows: 9-NPRM- [email protected].

Issued in Washington, DC on April 17, 1997. Ida Klepper, Acting Director, Office of Rulemaking. [FR Doc. 97-10368 Filed 4-21-97; 8:45 am] BILLING CODE 4910-13-M

Verbatim from the Federal Register. The agency's published document is the authoritative source. federalregister.gov ↗