Well convention season is in full swing and after a fairly bone-chilling winter in the Northeast, Im pretty excited to be traveling to some warmer climates to learn more about the industry and the issues facing insurers.
Archer-Daniels-Midland Co., the worlds largest corn processor, received regulatory approval from the FAA to fly drones that will locate and assess crop damage.
The Atlantic hurricane season begins on June 1, and from a catastrophe (CAT) perspective, the last two years have been relatively quiet for insurers, providing them with an opportunity to regroup following Hurricane Sandy.
Commercial drone operators will have an easier time using and testing their devices in the U.S. after the Federal Aviation Administration said it has loosened some requirements for obtaining government permission to fly.
State Farm gets cleared for drone testing, Palomar offers windstorm insurance in Hawaii, hires and promotions at Aon Benfield, J.M. Wilson, Lockton and more.