The Obama administration is opening U.S. skies to more commercial drones with long-awaited regulations that the government hopes will spawn new businesses inspecting bridges, monitoring crops and taking aerial photography. In the most comprehensive set of rules yet for the …
The Federal Aviation Administration has finalized the first operational rules for routine commercial use of small unmanned aircraft systems or drones opening pathways towards fully integrating UAS into the nation’s airspace. The rule promises to generate more than $82 billion …
Willis Programs, a unit of Willis Towers Watson, and the Association for Unmanned Vehicle Systems International (AUVSI), an industry association for unmanned systems, have partnered to develop DroneGuard, an insurance program for AUVSI’s members. DroneGuard is designed for unmanned system …
A growing number of insurance companies envision a large, robust insurance market for liability and property coverage associated with drone use. However, many insurers currently are proceeding with caution in light of uncertainty about how the drones will be used …
Zurich Canada has released a new white paper on unmanned aircraft systems (UAS), commonly referred to as drones at the Risk and Insurance Management Society (RIMS) Canada Conference in Québec City. Entitled, “Hovering Over Opportunities: Managing risk with drones, and …
A coordinated, international approach to the regulation of aviation drones is essential for the technology to thrive, said the International Underwriting Association (IUA), which represents wholesale re/insurance companies in the London market. As a result of rapidly growing interest in …
A.M. Best’s analysis of the growth in the use of drone aircraft concludes that the “commercial use of drones presents exciting possibilities to a number of industries, but as with any new technology, unique and unanticipated risks arise. “Drones represent …
Zurich Canada announced that it has “launched a new insurance product that will help its customers across a range of industries take advantage of the risk mitigation and cost saving opportunities available through the use of Unmanned Aircraft Systems (UAS), …
