Because drones can fly at lower altitudes than manned aircraft, common-law nuisance claims against drone operators regarding privacy laws are becoming more common. (Photo: Getty Images) Because drones can fly at lower altitudes than manned aircraft, common-law nuisance claims against drone operators regarding privacy laws are becoming more common. (Photo: Getty Images)

According to the Federal Aviation Administration, 2.85 million small drones could fill the sky by 2022, and 450,000 of them will be used for commercial purposes.

With a multitude of market opportunities, drones are providing insurers with capabilities that were never before thought possible — but in addition to the benefits, drones are also presenting insurers with a number of potential risks and exposures. The Claims and Litigation Management Alliance has identified privacy, property, and bodily injury as key issues for insurers, along with growing concerns over technology risks.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2023 ALM Global, LLC. All Rights Reserved.