United Parcel Service Inc. and a startup drone partner began the first continuing commercial drone deliveries in the U.S., making a short flight carrying a medical sample between North Carolina hospitals on Tuesday. The deliveries, using a drone made by …
When it comes to commercial drones usage, 61 percent of risk managers are concerned about the potential for invasion of privacy, according to a 2017 survey conducted by Munich Reinsurance America (Munich Re, US). Other concerns include inadequate insurance (15 …
Munich Reinsurance America Inc. (Munich Re, US), has launched a new commercial drone insurance product that offers customized liability for insurance companies and their small-to-medium size businesses using drones under Federal Aviation Agency (FAA) Rule 107. Rule 107 went into …
ProSight Specialty Insurance has launched a new insurance offering for drone operators. The proprietary program was developed from the company’s experience in insuring drone use in the film and live media industries and redefines “aircraft” to eliminate the exclusion for …
ISO’s new coverage and exclusion options for commercial drones took effect this month in most ISO jurisdictions. The options were designed to provide insurers with tools to help develop insurance programs for businesses that may use drones. The new options, …
In the hours after a horrific storm — a storm like Superstorm Sandy — with bridges impassable and roads debris-covered, emergency response is often the first concern. But with an autonomous drone, researchers like the University of Delaware’s Arthur Trembanis …
