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The Federal Aviation Administration (FAA) Aviation Insurance Program provides products that address the insurance needs of the U.S. domestic airline industry not adequately met by the commercial insurance market.

P.L. 110-330, The Federal Aviation Administration Extension Act of 2008, Part II, extends the requirement to provide federal aviation war risk insurance through March 31, 2009. Following Presidential approval and direction by the Secretary of Transportation, the FAA has initiated a war risk insurance policy for the period January 1, 2009 through March 31, 2009.

Updated: 12:12 pm ET January 12, 2009