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Drone uses for carriers can extend well beyond damage evaluation following a catastrophe.
The latest blaze erupted just hours after a wall holding back almost a million gallons of toxic, flammable liquids collapsed.
Workplace violence not only creates prolonged downtime and reputational damage, the subsequent lawsuits can bring an organization to ruin.
As the insurance industry shifts from hypothetical what-ifs to practical use cases, carriers focus on leveraging AI, blockchain and data science to enhance capabilities.
As more drones disrupt airline operations and endanger passengers, determining liability and insurance coverage for damages is critical.
What are the insurance implications of a 200 lb. battery-powered robot that travels at 10 mph on streets and sidewalks?
The FAA recently announced major regulatory proposals that will make commercial drone use easier and safer.
Some commercial general liability policies exclude coverage for aircraft, which includes drones.
FEMA transferred $1.32 billion of the NFIP's financial risk to the private reinsurance market.
The regulation, which was posted Tuesday on a preview website for the Federal Register, takes effect Feb. 23.