Individuals and companies that suffer harm from drones, robots and other products or services equipped with artificial intelligence software will find it easier to sue for compensation under EU draft rules seen by Reuters. The AI Liability Directive, which the …
DUBAI, United Arab Emirates (AP) – The United Arab Emirates has banned the flying of drones in the country for recreation after Yemen’s Houthi rebels claimed a fatal drone attack on an oil facility and major airport in the country. …
British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya’s Social Capital, Flock said on Thursday. Flock started out insuring commercial drones, and added car and van fleets last year. It …
Advanced technological tools are making it an exciting time to be an insurtech – and an exciting time for those insurers and reinsurers that want to more accurately assess the risks on their books, according to Forbes McKenzie, CEO of …
All but the smallest civilian drones would have to broadcast radio tracking data to ensure greater safety and prevent terrorism under a sweeping proposal unveiled by U.S. regulators Thursday. The long-awaited draft rules call for a massive new tracking network …
On-demand insurance will play a fundamental role in the future of the industry, according to research published by the International Underwriting Association (IUA). Pay-as-you go models of cover will allow customers to automatically activate policies, when and where they need …
The Federal Aviation Administration told U.S. airports in a letter released on Wednesday they could not install drone countermeasures without federal consent, warning they could pose an aviation safety risk by interfering with aircraft navigation and air navigation services. The …
Two U.S. senators on Monday urged U.S. Transportation Secretary Elaine Chao to finalize a long-delayed rule that would require the remote identification of unmanned aircraft systems, or drones. The U.S. Congress tasked the Federal Aviation Administration (FAA) in 2016 with …
The federal government has unveiled a long-awaited set of proposals to dramatically expand civilian drone flights while also tightening security, critical steps for an industry seeking to expand into robot aerial deliveries and scores of other commercial uses in populated …
Flock, a London based startup, has launched Europe’s first “pay-as-you-fly” drone insurance solution. The “Flock Cover” smartphone app provides on-demand insurance for commercial drone pilots in the UK, with policies starting from just £5 ($7) for up to eight hours …
