{"id":2608,"date":"2018-10-14T15:20:41","date_gmt":"2018-10-14T15:20:41","guid":{"rendered":"http:\/\/true-course.com\/site\/?p=2608"},"modified":"2023-08-11T22:15:56","modified_gmt":"2023-08-11T22:15:56","slug":"the-hard-market-has-arrived","status":"publish","type":"post","link":"https:\/\/true-course.com\/web\/2018\/10\/14\/the-hard-market-has-arrived\/","title":{"rendered":"The Hard Market Has Arrived"},"content":{"rendered":"\n<p>As predicted, the hard market has arrived and&nbsp; aviation insurance is no exception. Changes observed thus far in our new year renewals are as follows:<\/p>\n\n\n\n<p>\u2013 Fewer options available to place transition risks, certain complex and rare aircraft, and some commercial operations.<\/p>\n\n\n\n<p>\u2013 Rate increases in the order of 3%-5% on some of the more involved risks; namely commercial operations such as charter companies, flight schools, medical evacuation operators, and tour operators.<\/p>\n\n\n\n<p>\u2013 Lower limits of liability offered for certain operations. Occasionally higher deductible options are being offered as well.<\/p>\n\n\n\n<p>As explained back in November, work with your broker to ensure your risk is being marketed to all available underwriters and, obviously, presented in the best light.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As predicted, the hard market has arrived and&nbsp; aviation insurance is no exception. Changes observed thus far in our new year renewals are as follows: \u2013 Fewer options available to place transition risks, certain complex and rare aircraft, and some commercial operations. \u2013 Rate increases in the order of 3%-5% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2181,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"_links":{"self":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts\/2608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/comments?post=2608"}],"version-history":[{"count":1,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts\/2608\/revisions"}],"predecessor-version":[{"id":3600,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/posts\/2608\/revisions\/3600"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/media\/2181"}],"wp:attachment":[{"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/media?parent=2608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/categories?post=2608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/true-course.com\/web\/wp-json\/wp\/v2\/tags?post=2608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}