drones News

Drones: Questions, Questions, and More Questions!

Insurance Services Office (ISO) recently released a “matched set” of drone-related endorsements for use with the commercial general liability (CGL) policy: three exclusionary endorsements and three “limited coverage” endorsements. All six endorsements have a 06 15 edition date and are …

Willis Re Joins with Tech Firm, Measure, to Raise Drone Usage for Insurers

Willis Re, the reinsurance business of Willis Towers Watson, announced a strategic partnership with technology company Measure to advance the use of drones within the insurance industry and bring the latest drone technology to Willis Re clients. The integration of …

Group Asking Residents Use Drones to Map El Niño Flooding in California

Forget about selfies. In California, residents are using smartphones and drones to document the coastline’s changing face. Starting this month, The Nature Conservancy is asking tech junkies to capture the flooding and coastal erosion that come with El Niño, a …

Zurich Canada Issues ‘White Paper’ on Drones & Risk Management

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 …

Violating Swedish Nuclear Drone Ban Will Land You in Jail, Void Insurance Cover

If you’re planning a drone fly-by at any of Sweden’s reactors, think again. The Nordic region’s biggest producer of atomic energy will from Oct. 15 add nuclear plants to a list of sites including airports and hospitals with no-fly zones in …

Guy Carpenter Report Examines Major Emerging Risks Facing Re/Insurers

A new report published by Guy Carpenter & Co. identifies four key areas of emerging risk for re/insurers: cyber risk, technology risk, casualty catastrophe and reserving, and life, health and longevity risk. In the report, titled “A Clearer View of …

Drone Growth Threatened by Cyber, Human Error, Privacy Concerns: Lloyd’s Report

“Cyber-attacks, reckless pilots and privacy breaches are fundamental threats to the drone industry.” That’s the overall conclusion of a new report published by Lloyd’s, entitled “Drones Take Flight.” The report describes the “drones sector” as a”dynamic and important component of …

Drone Coverage: Into the Great Unknown

Insurance Services Office (ISO) recently released a “matched set” of drone-related endorsements for use with the commercial general liability (CGL) policy: three exclusionary endorsements and three “limited coverage” endorsements. All six endorsements have a 06 15 edition date and are …

London’s IUA Supports Coordinated, International Approach to Drone Regulation

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 …

Drone Supporters Clash with Georgia Over Capitol Airspace Ban

Drone enthusiasts are calling a ban on the unmanned vehicles within five miles of Georgia’s Capitol an overreach of authority by state officials, while agency officials argue the change is necessary and follows federal guidelines. It’s the latest clash between …