Like a good neighbor, insurance drones are there. American insurance giant State Farm garnered a prized possession in its quest to use commercial drones -- a Section 333 exemption from the FAA. Section 333 allows companies in specified industries to deploy drones for commercial purposes. State Farm became the first insurance company to receive the exemption. As reported … [Read more...] about Exemption Opens Doors for Insurance Drones
Insurance
Insurers Could Drive Crashworthy Design Of Small UAS
(Source: m.aviationweek.com) Education, regulation and enforcement are key to safely integrating unmanned aircraft into civil airspace. But they cannot entirely eliminate the risk of someone unknowingly—or intentionally—sending a UAS aloft to collide with a manned aircraft or rotorcraft, particularly with the explosion in consumer drones flown by people with no prior … [Read more...] about Insurers Could Drive Crashworthy Design Of Small UAS
Do You Need Drone Insurance?
The FAA has finally indicated it will be opening up the sky to commercial drones but, before you go out and start an aerial business, you may want to consider drone insurance. To be clear, you really only need drone insurance if you intend to use your drone for commercial purposes. If you are planning on flying around your house or local park just for fun, your homeowners … [Read more...] about Do You Need Drone Insurance?
State Farm Wants to Test Drones for Damage Response in Illinois
(Source: insurancejournal.com) State Farm insurance company is seeking federal approval to test drones in evaluating property damage and responding to natural disasters. The (Bloomington) Pantagraph reported that the Bloomington-based company has filed an application with the U.S. Department of Transportation. It asks for two exemptions to existing rules. One would … [Read more...] about State Farm Wants to Test Drones for Damage Response in Illinois
White Paper Predicts Drones as Next Big Thing in Insurance
(Source: claimsjournal.com) Drones can provide a variety of benefits for property adjusters, according to a new white paper released by Cognizant last month. Specifically, insurers should consider drones in order to increase efficiency, reduce operational costs and improve customer service. The paper, Drones: The Insurance Industry’s Next Game Changer, suggests insurers … [Read more...] about White Paper Predicts Drones as Next Big Thing in Insurance