drones in insurance News

Another Use for Drones: Investigating Car Wrecks

When police investigators tried to figure out what caused a multi-vehicle crash that killed an elderly woman in Morton, Illinois, last month, they looked to the sky for help. Like a growing number of police agencies throughout the country, the …

Munich Re to Offer Drone Services to Clients Through Partnership with Betterview

Betterview, a drone-based inspection company specializing in risk and damage assessments, has formed an agreement with Munich Reinsurance America, Inc. (Munich Re) to offer drone imagery, analysis and reporting to Munich Re’s insurance company clients. As part of the agreement, …

Travelers’ Drone Program Is Changing the Way Its Claims Reps Do Business

Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The nearly 200,000-square foot facility in Windsor, Conn., offers hands-on …

Drone Services Firm Names USAA Advisor Swain as VP of Insurance

A company that specializes in putting drones to work for companies has hired an advisor from USAA Insurance to be its vice president of insurance. The Washington, D.C.-based drone service firm, Measure, announced the hiring of Kathleen “Kat” Swain, who …

Insurers Warned to ‘Think Before You Snap’ as Florida Drone Privacy Law Takes Flight

The new Florida drone privacy law could have some unintended consequences for insurers looking to use or insure unmanned aircraft systems (UAM) technology. The Freedom from Unwarranted Surveillance Act (FUSA), which took effect in Florida July 1, prohibits a person, …

FAA Approving 250 Drone Permits a Month Without Final Rules

The Federal Aviation Administration is issuing permits for the commercial use of drones at a rate of about 250 a month as it tries to meet the growing demand for unmanned aircraft while it develops rules for their use. Through …

Market for Drone Insurance Expected to Take Off in Next 5 Years

The use of drones could become common practice for almost 40 percent of businesses in fewer than five years, according to corporate risk managers. Those same risk managers say they will buy drone insurance even if it’s not mandated. Munich …

Corporations Push for Fewer U.S. Drone Restrictions

As U.S. regulators study how to govern commercial drones, corporate America is plunging ahead on using unmanned aircraft in a bid to speed the process and win concessions on proposed restrictions. Large companies including American International Group Inc., Chevron Corp. …

Insurers Urge Faster OK for Drones in Disaster Response

U.S. companies including insurers and aerospace manufacturers urged federal aviation regulators on Tuesday to speed up the use of drones in disaster response and relief operations in the United States. A report sponsored by the groups and released by the …

Erie Insurance Receives FAA Approval to Use Drones in Claims, Underwriting

Erie Insurance announced Wednesday that it received conditional approval from the Federal Aviation Administration (FAA) to use the unmanned aircraft system (UAS) — commonly referred to as drones — in the company’s claims and underwriting processes. The FAA approval allows …