Schneider Leasing, Inc. v. United States Aviation Underwriters, Inc.

CARTER, Justice.

This is an action by the owner of an airplane to recover under the physical damage coverage of a policy of insurance issued by defendant, United States Aircraft Insurance Group (USAIG). The owner of the plane is the plaintiff, Schneider Leasing, Inc. (Schneider Leasing). Its claim is based on the loss of a twin-engine Beechcraft Baron airplane when that plane crashed shortly after taking off from the Fort Madison, Iowa, airport. USAIG contends that the loss is not covered because the plane was being operated by a pilot who lacked qualifications required by the policy as a…