The recent grounding of Boeing's 737 MAX 8 arrives at a time when aviation insurance is transitioning into a hard market.

Insurers have argued that litigation and fraud involving the practice are driving up property insurance premiums.

The plaintiff, Charles Jones, was represented by lawyers from Saltz Mongeluzzi Barrett & Bendesky.

In an environment of moving targets, policies must be carefully read and updated as risks increase and change over time.