As of April 2015, 11 states have some variation of a liability insurance requirement or aircraft financial-responsibility requirements, which require GA aircraft owners to demonstrate financial ability to cover potential losses incurred in an accident (see figure below).
Show on map. For all our friends who are not familiar with the Gulf of Tehuantepec, it is a large bay on the Pacific side of the Isthmus of Tehuantepec, the narrowest area of land which separates the Gulf of Mexico from the Pacific Ocean.how on map. For all our friends who are not familiar with the Gulf of Tehuantepec, it is a large bay on the Pacific side of the Isthmus of Tehuantepec, the narrowest area of land which separates the Gulf of Mexico from the Pacific Ocean.
Gulf of Mexico. The Gulf of Mexico is part of the Atlantic Ocean, but specifically is the section of the ocean that borders the east coast of Mexico, Florida, Alabama, Mississippi, Louisiana and Texas. Sarasota and Naples are two popular destinations that border the Gulf of Mexico. Fishing is an important industry in the Gulf of Mexico. According to 2008 National Marine Fisheries Service report, the commercial and shellfish harvested from the Gulf states equaled 1.3 billion lbs. and $661 million.