The Debate on Drones and Insurance Heats Up

If you have been following our blog, you may recall that my colleague, Charles Mathis, and I have been intrigued by insurance companies getting approval from the FAA to use drones for property evaluations, and we have posted about them here.

Charles' post gave us the particular parameters that the FAA approved earlier this year for Erie Insurance Company. Well, just a few short months later, drones debates are trending in the insurance industry. The use of drones in general is very interesting and their use with insurance appears to have intrigued so many that A.M. Best is promoting a free webinar:

Insurance Attorneys Examine the Legal, Claims and Risk Issues of Drones

  • Event Date: Wednesday, August 5, 2015
  • Event Time: 2:00 p.m. - 3:00 p.m. Eastern Time

A.M. Best is a well-known source that evaluates the financial stability of insurance companies. Started in 1899 by Alfred M. Best, this global credit rating agency with a unique focus on the insurance industry, and is one many in the insurance industry follow. Another good source by the company is Best's flagship publication, Best's Insurance Reports, these editions provide detailed analytical reports on thousands of insurers in the U.S. Keeping up with the times, A.M. Best also hosts a webinar series that has the upcoming session on drone usage and the insurance industry This cutting-edge webinar will cover a very interesting topic and provide very new information since drone use for insurance is incredibly new.

The panelists for this webinar will include:

  • Bruce Raymond, Principal Attorney from Raymond Law Group LLC with offices in Connecticut and Massachusetts and member of Your House Counsel
  • Tim Crawley, Attorney from Anderson Crawley & Burke, pllc, with offices in Mississippi and member of Your House Counsel
  • Matt Ouellette, Adjuster, Owner and President of Ouellette & Associates, Inc. with offices in Indianapolis and President of the National Association of Independent Insurance Adjusters (NAIIA)
  • Doug Haybarker, Corporate Property Claims Manager from State Auto Insurance Company.

A.M. Best provides this summary on the upcoming discussion:

Drones are being used more frequently for a variety of purposes, including photography, agriculture, construction, searching and other uses. Unfortunately, the regulatory environment has not kept pace with the technology when it comes to use of drones. A panel of experts from the legal and insurance professions will explore what the regulatory concerns are and how they are being addressed in both the courts and the insurance industry.

Here is the link to register:

http://www3.ambest.com/conferences/events/EventRegister.aspx?event_id=WEB427

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Comments (2) Read through and enter the discussion with the form at the end
mike rump - July 25, 2015 10:48 AM

Drones can prove to be a useful tool in our industry. I don't understand the need to over regulate them. Simply put liability programs in place and move forward. We should not accept overregulation in any industry, especially ours.

Kevin Burpee - July 27, 2015 9:03 PM

There has to be certain regulations in terms of when and where. As I recall last week in CA water drops from the air had to cease due to drones flying in the fire zone. The 15 freeway came to a halt and people fled for their lives from their vehicles. This was not a "no fly zone". But it grounded the planes.

Now - we all know insurance companies don't act that quickly so certainly its probably nothing to fear from them. But all sorts of companies that chase fires might cause some issues moving forward.

There are already regulations in place such as height, distance, no fly zones, and so forth. But probably some tighter regulations for disasters underway, crimes underway, etc... except during a riot (then you're flying at your own risk anyhow cause you're going to get your drone shot down - and anywhere on the south side of Chicago).

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