NEW YORK (TheStreet) -- If you are going to build a street-legal airplane, it pays to have good insurance.Insurance is Richard Gersh's thing. I met the 22-year veteran of the insurance business, an affable risk and policy wonk, on the floor at the New York International Auto Show on Wednesday. He was getting a kick out of the media horde tweeting, posting and shooting his latest exercise in risk management -- the Terrafugia Transition. A plane that's a car. And a car that's a plane.
|The first road-ready personal flying car, the Transition by Terrafugia, is shown off at the New York International Auto Show on Wednesday.|