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Airport Insurance Coverage and Risk Management Practices (2011)

Chapter: APPENDIX E Interview Responses

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Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
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Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
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Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
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Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
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Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
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Page 53
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Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
×
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Page 55
Suggested Citation:"APPENDIX E Interview Responses." National Academies of Sciences, Engineering, and Medicine. 2011. Airport Insurance Coverage and Risk Management Practices. Washington, DC: The National Academies Press. doi: 10.17226/14611.
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47 APPENDIX E Interview Responses T he R is k M an ag em en t P os it io n w it hi n E ac h O rg an iz at io n S m al l A ir po rt I nt er vi ew ee s M ed iu m A ir po rt In te rv ie w ee L ar ge A ir po rt In te rv ie w ee 1 2 3 4 5 6 7 8 S iz e of R is k M an ag em en t S ta ff 15 3 f/ t 2 p/ t 2 ri sk a na ly st s. 2 cl ai m s 4 sa fe ty 2 V ar ie s 5 5 4 f/ t 2 br ok er s S ta ff R ep or ts T o H R D ir ec to r C hi ef A dm in . O ffi ce r. C F O D ir ec to r of F in an ce . C F O D ir ec to r of A dm in . C F O C F O M em be r of S en io r S ta ff ? N o Y es Y es Y es N o Y es Y es Y es In su ra nc e P ur ch as in g A ut ho ri ty R M a ut ho ri ty to $5 0K . O ve r $5 0K n ee ds bo ar d ap pr ov al . C F O c an a pp ro ve to $ 40 K . O ve r 40 K ne ed b oa rd ap pr ov al . B oa rd g ra nt s pu r- ch as in g au th or it y to M an ag in g D ir ec to r, w ho gr an ts to R M . P ur ch as in g pl an s re vi ew ed a nn u- al ly b y bo ar d. R M s et s te rm s fo r co ve ra ge w /i n bu dg et . F in an ce a pp ro ve s ex pe nd it ur es . B oa rd a pp ro ve s pu r- ch as es a bo ve s pe nd - in g li m it s an d ne w co ve ra ge . R M p re pa re s pa pe rw or k an d w or ks w it h br ok er s. D ec is io ns b y bo ar d. R M r es po ns i- bl e fo r R F P , se le ct io n, a nd re co m m en da - ti on to B oa rd fo r ra ti fi ca ti on . R M h an dl es a ll pu rc ha se s/ de ci si on s. D ec is io ns re vi ew ed b y bo ar d. R M h an dl es a ll pu rc ha se s/ de ci si on s. C on cu rr en ce o f C F O o r hi gh er if w ar ra nt ed . H ow h as e vo lv in g ro le o f ri sk m gm t a ff ec te d in su r- an ce p ur ch as in g in y ou r or ga ni za ti on ? P ur ch as in g de ci si on s ar e m ad e sa m e w ay ea ch y ea r. R M e va lu at es ex po su re , p ro b- ab il it y of o cc ur - re nc e, a nd pr ic e. P ri ce is n ot a fa ct or if p ro ba - bi li ty o f ex po - su re is h ig h. R is k m it ig at io n m or e im po rt an t th an in su ra nc e. N o pr es su re to b uy in su ra nc e. D ec i- si on m ak er s pr ef er ri sk r et en ti on to ri sk tr an sf er . B uy s to p- lo ss in su ra nc e fo r ca t lo ss es . P ur ch as e ba se d on E R M . W or k w it h H R to m es h sa fe ty a nd w el ln es s is su es . In te rn al a ud it s to ad vi se o n ri sk a nd in su ra nc e. P ro ce ss b ec om in g m or e tr an sp ar en t. C on su m er - dr iv en . U se a nd p ur ch as e of in su ra nc e pe rf or m ed in c on ju nc ti on w / ot he r R M a ct iv it ie s, in cl ud in g th os e pe r- fo rm ed o ut si de th e R M D ep t. O th er m an ag er s ha nd le u ni ns ur - ab le r is ks ; r ea ch ou t t o ea ch D ep t. M it ig at in g ri sk m os t i m po r- ta nt . I ns ur an ce is fi na nc ia l m ec ha ni sm to do s o. A ll p ro - gr am s ha ve ve ry la rg e S IR . P re fe r to a vo id in su ra nc e. A tt em pt to de si gn s el f- fu nd ed p ro - gr am s. B uy s to p lo ss f or c at lo ss es . E va lu at e co st o f tr an sf er v s. c os t to r et ai n in m ak in g ul ti m at e de ci si on . E nt it y us es E R M . C om m er ci al in su r- an ce e va lu at ed to tr an sf er r is k. P ol ic y ex pi ra ti on da te s un if or m s o th at R M c an f oc us on in su ra nc e pu r- ch as in g on ce ye ar ly . Ta bl e co nt in ue d on th e ne xt p ag e

48 F ac to rs I nfl ue nc in g th e R is k M an ag em en t F un ct io n S m al l A ir po rt I nt er vi ew ee s M ed iu m A ir po rt In te rv ie w ee L ar ge A ir po rt In te rv ie w ee 1 2 3 4 5 6 7 8 H as th e re ce nt s of t m ar ke t pr om pt ed a ny p ur ch as in g ac ti vi ti es w it hi n yo ur or ga ni za ti on ? F la t p re m iu m s. N o in cr ea se d li m it s. A sk ed b ro ke r to re vi ew p ol ic y at la st re ne w al . C ov er ag e en ha nc e- m en t i nc lu di ng 3- ye ar r at e lo ck . S ho pp in g P L L . F oc us o n ne go ti at in g en ha nc ed te rm s on ex is ti ng p ol ic ie s. D ou bl ed li m it s. R ed uc e pr em iu m . In cr ea se d su b- li m it s. K ee p de du ct ib le ac co rd in g to 1 0 ye ar s of c la im s hi st or y. H av e no t a dd ed li ne s si nc e 20 01 . O bt ai ne d hi gh er li m it s. P ri ce r ed uc ti on s in so m e li ne s. K ee p pr em iu m s/ li m - it s fl at , e nh an ce co ve ra ge . P ur ch as ed T R IA in 1s t r ou nd o f pr ic e re du ct io ns . K ee p li m it s/ de du ct ib le s fl at a nd ta ke a dv an ta ge o f pr ic e re du ct io ns . K ee p pr em iu m s/ li m it s fl at , e nh an ce co ve ra ge . F oc us o n m or e sa vi ng s. R ed uc ed d ed uc t- ib le s at n o ex tr a ch ar ge . A dd ed T R IA . K ee p li m it s fl at a nd ta ke a dv an ta ge o f pr ic e re du ct io ns . P re m iu m s re du ce d. A dd ed T R IA . K ee p li m it s/ de du ct ib le s fl at . T ak e ad va nt ag e of p ri ce re du ct io ns . W or ki ng w / F E M A to a ss es s ex po su re s. M an ag e w ar a nd te rr or is m in -h ou se . F oc us o n co nt ro l- li ng c os ts . H ol d lo w r et en - ti on s du e to r is k ap pe ti te . Is y ou r en ti ty p ro te ct ed b y T O R T li m it s? Y es N o Y es ( P or t) Y es Y es Y es Y es N o A m ou nt o f A pp li ca bl e T O R T C ap ( if a ny )? $2 50 K p er c la im $5 00 K p er oc cu rr en ce N /A $1 00 K p er oc cu rr en ce $5 00 ,6 00 p er e ve nt $2 00 K /$ 30 0K N /A $5 0K f or n on - ve hi cu la r ac ci de nt s $2 50 K f or v eh ic u- la r ac ci de nt s $5 00 K p er pe rs on $1 .5 M p er oc cu rr en ce N /A D o T O R T li m it s or la ck th er eo f in fl ue nc e bu yi ng de ci si on ? Y es G ov er nm en t i m m u- ni ty in p la ce , w hi ch do es a ff ec t p ur ch as - in g de ci si on s. Y es Y es , c on si de r no t b uy in g in su ra nc e. D en y al l c la im s. U nc er ta in Y es N /A

49 A dd it io n or D el et io n of C ov er ag e or P ro du ct L in es S m al l A ir po rt I nt er vi ew ee s M ed iu m A ir po rt In te rv ie w ee L ar ge A ir po rt In te rv ie w ee 1 2 3 4 5 6 7 8 H as y ou r ai rp or t r ec en tl y dr op pe d or a dd ed c ov er - ag e/ pr od uc t b ec au se o f av ai la bi li ty o r af fo rd ab il it y? N o N o N o N o N o N o E nh an ce d co ve ra ge . N o dr op in c ov er - ag e, b ut c ha ng ed ca rr ie rs . If d ro pp ed / a dd ed , w hi ch li ne s an d w hy ? N /A N /A N /A N /A C on si de re d no t bu yi ng in su r- an ce a nd r el yi ng on F E M A . N /A C on so li da te d cr im e co ve ra ge . C ar ri er c ha ng e on pu bl ic o ffi ci al ’s li ab il it y. W ar a nd T er ro ri sm Is w ar a nd te rr or is m c ov - er ag e pu rc ha se d fo r li ab il - it y li ne s? Y es , l im it ed c ov er - ag e un de r ai rp or t l ia - bi li ty p ol ic y. Y es Y es W ar y es , T R IA n o. T R IA y es N o N ot c ur re nt ly , bu t c on si de ri ng . N o Is w ar a nd te rr or is m p ur - ch as ed f or p ro pe rt y li ne s? Y es , p ro vi de d un de r ci ty ’s p ro pe rt y po li cy th at c ov er s th e ai rp or t. Y es Y es W ar y es , T R IA n o. T R IA y es T er ro ri sm is in cl ud ed w / g ov - er nm en t p ro pe rt y fu nd . Y es , P E P P po ol . N o W ha t d ri ve s w ar a nd te r- ro ri sm p ur ch as in g de ci si on s? C on tr ac tu al r eq ui re - m en ts in le as es . C on ce rn a bo ut de fe ns e. O th er o pt io ns . C os t: c ur re nt ly in ex pe ns iv e to bu y T R IA . W ou ld n ot b uy at 2 00 2 pr ic es . T O R T c ap s. A lt er na ti ve s. H ow d oe s yo ur o rg an iz a- ti on p la n to f un d w ar a nd te rr or is m lo ss es if n ot b y in su ra nc e? N /A D ip in to r es er ve s or pu bl ic f un di ng . F E M A R el ie d on T O R T c ap s in th e pa st . F A A h as w ar ri sk p ro gr am . Ta bl e co nt in ue d on th e ne xt p ag e

50 P ra ct ic e of R is k M an ag em en t in Y ou r A ir po rt O rg an iz at io n S m al l A ir po rt I nt er vi ew ee s M ed iu m A ir po rt In te rv ie w ee L ar ge A ir po rt In te rv ie w ee 1 2 3 4 5 6 7 8 H ow d o yo u de te rm in e ri sk m an ag em en t b es t pr ac ti ce s? C on su lt w it h br ok er s, T P A , a nd in du st ry co ll ea gu es in R IM S an d P R IM A . B en ch m ar ki ng w / A C I gr ou p. In vo lv em en t i n P R IM A . C ol la bo ra ti on w it h ai rp or t m gm t p ee rs an d br ok er . R IM S P R IM A P ub li ca ti on s an d ne tw or k. C on ta ct s ou ts id e in du st ry . In vo lv em en t w / g ov - er na nc e bo ar ds a nd m ut ua l i ns ur er s. E xp er ts , b ro ke rs , ca rr ie rs . R IM S P R IM A O th er a ir po rt R M s. In su re r fo r lo ss co nt ro l. A C I P ee rs S af et y an d se cu - ri ty p ee rs . B ro ke r fo r da ta . C A P A R IM S P R IM A A C I B en ch m ar ki ng w / A C I. C om pa ri so n w / ot he r ai rp or ts an d go ve rn m en t en ti ti es . L es s re li an ce o n br ok er . In te rn al a ud it . S ee k ad vi ce f ro m ci ty a nd c ou nt y. U se s tr ic t E R M po li cy . C on ta ct o th er a ir - po rt s fo r he lp w / sp ec ia l r is ks . R is k A ss es sm en t D es cr ib e ri sk a ss es sm en t w it hi n yo ur o rg an iz at io n? P ro ce ss f or s af et y an d ri sk te am . R ev ie w c la im s tr en ds . W or k w it h ca rr ie r. S ur ve ys in cl ud in g fi na nc ia l, fa ci li ty , a nd ai rfi el d, c on su lt an t, an d pr of es si on al li ab il it y. In ci de nt r ep or ts . C on tr ac t r ev ie w . R M c ol la bo ra te s w / te am to a ss es s ri sk o n ne w v en tu re s. R ev ie w b us in es s li ne s ac ti vi ty a t re ne w al . In di vi du al d ep ts . R M is in -h ou se c on su lt an ts on r is k tr an sf er . C on su m er -d ri ve n. E ac h de pt . h as s af et y fu nc ti on a nd co ns ul ta nt s. In ve st ig at e lo ss es . R ev ie w co nt ra ct s. P ar ti ci pa te in co nv er sa ti on s w it h un de rw ri t- er s an d ot he rs o n ri sk s. In fo rm al p ro ce ss . G ro un d fl oo r ev al - ua ti on s on b ig ge r pr oj ec ts / d ec is io ns . O ng oi ng r ev ie w . C on tr ac t r ev ie w . A ll c on tr ac ts g o th ro ug h R M . P er io di c in sp ec - ti on s by s ta ff an d by c ar ri er . L os s an al ys is . C os t a ss es sm en t ap pr oa ch . B en ch m ar ki ng . C on du ct q ua nt it a- ti ve a nd q ua li ta ti ve as se ss m en ts w / ow ne rs . D oc um en t p er so n- ne l’ s un de rs ta nd - in g of r is k. M on it or p ro gr es s. H ow o ft en d oe s yo ur or ga ni za ti on a ss es s ri sk ? D ai ly Q ua rt er ly W he n ta ki ng o n ne w ve nt ur es . A t r en ew al . A dd re ss r ou ti ne op er at in g ri sk s at re ne w al . F re qu en t F re qu en t D oe s yo ur o rg an iz at io n us e a te m pl at e fo r as se ss m en t? N o In ci de nt r ep or ts . R M h as p ol ic y re vi ew c he ck li st . N o

51 M it ig at io n of R is k S m al l A ir po rt I nt er vi ew ee s M ed iu m A ir po rt In te rv ie w ee L ar ge A ir po rt In te rv ie w ee 1 2 3 4 5 6 7 8 R is k m it ig at io n te ch ni qu es us ed b y yo ur o rg an iz at io n E va lu at e ai rp or t r is ks an d sa fe ty p ro to co l. D ed ic at ed s af et y pr o- fe ss io na ls e m pl oy ed . C he ck li st s. S af et y co m m it te e. W or k w it h in te rn al au di t d ep ar tm en t. M on it or e xp os ur es to de te rm in e w he th er to pu rc ha se in su ra nc e. K ee p ge ne ra l re se rv es . T ra in o th er d ep ar t- m en ts o n co nt ra ct ua l ri sk tr an sf er . L os s co nt ro l. D o no t i ns ur e. S IR f or c at as tr op he (a ll li ne s) . W ou ld li ke to de ve lo p di sa st er fu nd . R eq ui re te na nt s to p ur ch as e co ve ra ge . S el f- in su re d fo r W C . W C a ls o se lf -a dm in is te re d. N o E xc es s. L os s co nt ro l. C la im s co nt ro l. C on du ct th or - ou gh a na ly si s. R el y on r is k tr an sf er a nd co nt ra ct la ng ua ge . R el y on s ta te an d fe de ra l im m un it ie s. U se n on -i ns ur - an ce p ro du ct s su ch a s re st ri ct ed cl ai m s fu nd . C ho os e no t t o in su re o r re ta in th e ri sk . E va lu at e ex po - su re s fo r po ss ib le co ve ra ge . N eg ot ia te n ew in su ra nc e li m it s fo r pa rt ie s co n- tr ac ti ng w / a ir po rt . R is k F in an ci ng M et ho ds R is k fi na nc in g m et ho d ch os en f or r ec en t l ar ge co ns tr uc ti on p ro je ct s C C IP T ra di ti on al O C IP T ra di ti on al a pp ro ac h w / C M a t R is k. O C IP S ta nd ar d B R a nd co nt ra ct I nd em ni ty . T ra di ti on al p ro - gr am w it h st ri ct in de m ni ty la n- gu ag e, h ig h li m it s, h ig h sa fe ty s ta n- da rd s, a nd O C IP . O C IP R ea so n w hy th is fi na nc in g m et ho d w as c ho se n E va lu at ed a s fe as ib il it y. C os t/ be ne fi t a na ly si s pe rf or m ed . L ow p ay ro ll a ss oc i- at ed w it h pr oj ec t n ot su ffi ci en t t o pr od uc e sa vi ng s. Q ua li ty o f sa fe ty w he re th er e is p ub li c ex po su re . M ai nt ai n ow ne r’ s pe rs pe ct iv e. S av e m on ey . C om fo rt F am il ia ri ty S av in gs . A bi li ty to e xt en d an d re st ru ct ur e. C la im c on tr ol . L os s si m pl ifi ca ti on . A dm in . T ra di ti on al c ho - se n be ca us e of ti m e an d st af f- in g co ns tr ai nt s. A tt ra ct iv e pr og ra m . S ol id s af et y m gm t. B et te r pr ic e, c ov - er ag e, a nd s af et y. W ou ld y ou r or ga ni za ti on us e th is r is k fi na nc in g te ch ni qu e ag ai n? Y es Y es Y es In te re st ed in O C IP . Y es

NEED SPINE WIDTH ACRP OVERSIGHT COMMITTEE* CHAIR JAMES WILDING Metropolitan Washington Airports Authority (retired) VICE CHAIR JEFF HAMIEL Minneapolis–St. Paul Metropolitan Airports Commission M E M B E R S JAMES CRITES Dallas–Ft. Worth International Airport RICHARD DE NEUFVILLE Massachusetts Institute of Technology KEVIN C. DOLLIOLE Unison Consulting JOHN K. DUVAL Austin Commercial, LP KITTY FREIDHEIM Freidheim Consulting STEVE GROSSMAN Jacksonville Aviation Authority TOM JENSEN National Safe Skies Alliance CATHERINE M. LANG Federal Aviation Administration GINA MARIE LINDSEY Los Angeles World Airports CAROLYN MOTZ Hagerstown Regional Airport RICHARD TUCKER Huntsville International Airport EX OFFICIO MEMBERS PAULA P. HOCHSTETLER Airport Consultants Council SABRINA JOHNSON U.S. Environmental Protection Agency RICHARD MARCHI Airports Council International— North America LAURA McKEE Air Transport Association of America HENRY OGRODZINSKI National Association of State Aviation O f f i c i a l s MELISSA SABATINE American Association of Airport E x e c u t i v e s ROBERT E. SKINNER, JR. Transportation Research Board SECRETARY CHRISTOPHER W. JENKS Transportation Research Board *Membership as of October 2010. TRANSPORTATION RESEARCH BOARD 2011 EXECUTIVE COMMITTEE* OFFICERS C h a i r : Neil J. Pedersen, Administrator, Maryland State Highway Administration, Baltimore Vice Chair: Sandra Rosenbloom, Professor of Planning, University of Arizona, Tucson Executive Director: Robert E. Skinner, Jr., Transportation Research Board MEMBERS J. BARRY BARKER, Executive Director, Transit Authority of River City, Louisville, KY DEBORAH H. BUTLER, Executive Vice President, Planning, and CIO, Norfolk Southern Corporation, Norfolk, VA WILLIAM A.V. CLARK, Professor, Department of Geography, University of California, Los Angeles EUGENE A. CONTI, JR., Secretary of Transportation, North Carolina DOT, Raleigh JAMES M. CRITES, Executive Vice President of Operations, Dallas-Fort Worth International Airport, TX PAULA J. HAMMOND, Secretary, Washington State DOT, Olympia MICHAEL W. HANCOCK, Secretary, Kentucky Transportation Cabinet, Frankfort ADIB K. KANAFANI, Cahill Professor of Civil Engineering, University of California, Berkeley MICHAEL P. LEWIS, Director, Rhode Island DOT, Providence SUSAN MARTINOVICH, Director, Nevada DOT, Carson City MICHAEL R. MORRIS, Director of Transportation, North Central Texas Council of Governments, Arlington TRACY L. ROSSER, Vice President, Regional General Manager, Wal-Mart Stores, Inc., Mandeville, LA STEVEN T. SCALZO, Chief Operating Officer, Marine Resources Group, Seattle, WA HENRY G. (GERRY) SCHWARTZ, JR., Chairman (retired), Jacobs/Sverdrup Civil, Inc., St. Louis, MO BEVERLY A. SCOTT, General Manager and CEO, Metropolitan Atlanta Rapid Transit Authority, Atlanta, GA DAVID SELTZER, Principal, Mercator Advisors LLC, Philadelphia, PA LAWRENCE A. SELZER, President and CEO, The Conservation Fund, Arlington, VA KUMARES C. SINHA, Olson Distinguished Professor of Civil Engineering, Purdue University, West Lafayette, IN THOMAS K. SOREL, Commissioner, Minnesota DOT, St. Paul DANIEL SPERLING, Professor of Civil Engineering and Environmental Science and Policy; Director, Institute of Transportation Studies; and Interim Director, Energy Efficiency Center, University of California, Davis KIRK T. STEUDLE, Director, Michigan DOT, Lansing DOUGLAS W. STOTLAR, President and CEO, Con-Way, Inc., Ann Arbor, MI C. MICHAEL WALTON, Ernest H. Cockrell Centennial Chair in Engineering, University of Texas, Austin EX OFFICIO MEMBERS PETER H. APPEL, Administrator, Research and Innovative Technology Administration, U.S.DOT J. RANDOLPH BABBITT, Administrator, Federal Aviation Administration, U.S.DOT REBECCA M. BREWSTER, President and COO, American Transportation Research Institute, Smyrna, GA ANNE S. FERRO, Administrator, Federal Motor Carrier Safety Administration, U.S.DOT LEROY GISHI, Chief, Division of Transportation, Bureau of Indian Affairs, U.S.DOT JOHN T. GRAY, Senior Vice President, Policy and Economics, Association of American Railroads, Washington, DC JOHN C. HORSLEY, Executive Director, American Association of State Highway and Transportation Officials, Washington, DC DAVID T. MATSUDA, Deputy Administrator, Maritime Administration, U.S.DOT VICTOR M. MENDEZ, Administrator, Federal Highway Administration, U.S.DOT WILLIAM W. MILLAR, President, American Public Transportation Association, Washington, DC TARA O’TOOLE, Under Secretary for Science and Technology, U.S. Department of Homeland Security, Washington, DC ROBERT J. PAPP (Adm., U.S. Coast Guard), Commandant, U.S. Coast Guard, U.S. Department of Homeland Security, Washington, DC CYNTHIA L. QUARTERMAN, Administrator, Pipeline and Hazardous Materials Safety Administration, U.S.DOT PETER M. ROGOFF, Administrator, Federal Transit Administration, U.S.DOT DAVID L. STRICKLAND, Administrator, National Highway Traffic Safety Administration, U.S.DOT JOSEPH C. SZABO, Administrator, Federal Railroad Administration, U.S.DOT POLLY TROTTENBERG, Assistant Secretary for Transportation Policy, U.S.DOT ROBERT L. VAN ANTWERP (Lt. Gen., U.S. Army), Chief of Engineers and Commanding General, U.S. Army Corps of Engineers, Washington, DC BARRY R. WALLERSTEIN, Executive Officer, South Coast Air Quality Management District, Diamond Bar, CA *Membership as of June 2011. Abbreviations used without definition in TRB Publications: AAAE American Association of Airport Executives AASHO American Association of State Highway Officials AASHTO American Association of State Highway and Transportation Officials ACI–NA Airports Council International–North America ACRP Airport Cooperative Research Program ADA Americans with Disabilities Act APTA American Public Transportation Association ASCE American Society of Civil Engineers ASME American Society of Mechanical Engineers ASTM American Society for Testing and Materials ATA Air Transport Association ATA American Trucking Associations CTAA Community Transportation Association of America CTBSSP Commercial Truck and Bus Safety Synthesis Program DHS Department of Homeland Security DOE Department of Energy EPA Environmental Protection Agency FAA Federal Aviation Administration FHWA Federal Highway Administration FMCSA Federal Motor Carrier Safety Administration FRA Federal Railroad Administration FTA Federal Transit Administration IEEE Institute of Electrical and Electronics Engineers ISTEA Intermodal Surface Transportation Efficiency Act of 1991 ITE Institute of Transportation Engineers NASA National Aeronautics and Space Administration NASAO National Association of State Aviation Officials NCFRP National Cooperative Freight Research Program NCHRP National Cooperative Highway Research Program NHTSA National Highway Traffic Safety Administration NTSB National Transportation Safety Board SAE Society of Automotive Engineers SAFETY-LU Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users (2005) TCRP Transit Cooperative Research Program TEA-21 Transportation Equity Act for the 21st Century (1998) TRB Transportation Research Board TSA Transportation Security Administration U.S.DOT United States Department of Transportation

92+ pages; Perfect Bind with SPINE COPY = 14 pts Airport Insurance Coverage and Risk Management Practices AIRPORT COOPERATIVE RESEARCH PROGRAMACRP SYNTHESIS 30 A CR P SYN TH ESIS 30 Airport Insurance Coverage and Risk M anagem ent Practices NEED SPINE WIDTH Job No. XXXX Pantone 267 C TRANSPORTATION RESEARCH BOARD 500 F ifth S treet, N .W . W ashing to n, D .C . 20001 A D D R ESS SER VICE R EQ UESTED TRB A Synthesis of Airport Practice Sponsored by the Federal Aviation Administration

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TRB’s Airport Cooperative Research Program (ACRP) Synthesis 30: Airport Insurance Coverage and Risk Management Practices identifies both the variables that affect insurance purchasing for airport operators and the range of risk management practices that exist among U.S. airports. The report is designed to help airport officials confronted with risk-financing and insurance-purchasing decisions.

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