When the Federal Aviation Administration finalized its rules for unmanned aircraft systems in 2016, it expanded opportunities for commercial uses of that technology. A range of industries, including insurance, logistics and delivery, media and entertainment, energy, real estate, and emergency responders, are actively exploring the use of drones in their businesses or already using drones.
This session provides an overview of recent FAA regulatory activity and guidance concerning the use of drones, including how to seek exemptions from the FAA for special operations of drones and how to respond to FAA enforcement proceedings. It explores personal and professional uses of drones and the potential losses and liabilities associated with those activities.
This session also explores the evolution of insurance coverage and the interplay with federal regulation. It discusses the traditional and novel insurance products that can be used to provide coverage for these risks.
- Overview of FAA regulation of personal and business uses of drones and next steps as the FAA moves to further integrate drones into the national airspace.
- Potential liabilities and losses that could result from drone use.
- Insurance coverages available for those personal and professional uses and a high-level overview of the insurance claims and underwriting process.
- Role of insurers in using, sponsoring and insuring drones, including property insurers’ use of drones for underwriting and claims.