London’s Gatwick airport is closed to aircraft following multiple sightings of illegal drones, disrupting flights for as many as 115,000 people on one of the busiest travel days of the year. Lines of passengers circled Gatwick’s two terminals Thursday and …
Autonomous ships could offer significant growth potential for the London market, according to the findings of a survey conducted by the International Underwriting Association (IUA). Indeed, 25 percent of IUA members who responded to the survey stated they are considering …
The Federal Aviation Administration (FAA) recently granted a waiver to State Farm to allow the insurer the ability to inspect damage caused by Hurricane Florence. The approval, received just last week, allows State Farm to operate an unmanned aircraft system …
Traditional aviation insurance policies are unlikely to address all elements of emerging risks from the rapidly increasing use of drones, according to a report from the International Underwriting Association (IUA). As a result, general liability underwriters will have an important …
The World Economic Forum is bringing insurers, tech firms and governments together to find ways to tackle risks from new technology such as drones and driverless cars, it said on Thursday. Tech firms have moved fast to develop new products, …
British officials announced plans Saturday [July 22] to further regulate drone use in a bid to prevent accidents and threats to commercial aviation. The new rules will require drones that weigh eight ounces (226.79 grams) or more to be registered …
Portugal is expediting a law that will introduce mandatory registration and insurance for drones weighing more than 250 grams (8.8 ounces). The measure follows eight near-misses between drones and commercial aircraft at Portuguese airports in June. Airlines have warned of …
Amazon.com Inc.’s development of package-delivery drones is progressing to the point where the company is now thinking a lot about geese. The e-commerce company said Thursday it has started development of an air-traffic control system to manage its fleet as …
A boom in consumer drone sales has spawned a counter-industry of start-ups aiming to stop drones flying where they shouldn’t by disabling them or knocking them out of the sky. Dozens of start-up firms are developing techniques – from deploying …
