The Property Drone Consortium (PDC) recently announced its opposition to The Drone Federalism Act of 2017, introduced by Senators Dianne Feinstein (D-Calif.), Mike Lee (R-Utah), Richard Blumenthal (D-Conn.) and Tom Cotton (R-Ark.). The Drone Federalism Act of 2017 would give …
XL Catlin Boosts Global Property Insurance Capacity to $400M To accommodate increasing property values around the world and more complex risks, XL Catlin extended its global property insurance capacity to $400 million (USD), a more than 25 percent increase from …
Genex Services Acquires IME Provider OMAC Genex Services, a medical cost containment and disability management service provider, announced the acquisition of Objective Medical Assessments Corp. (OMAC), a provider of independent medical examinations (IME) and peer review services for the workers’ …
Allstate announced a major shift for the insurance industry as it embraces drone technology to further improve customer service. The company has been participating in drone test flights for use in property claims, the company announced. Following years of independent …
Allstate and the Property Drone Consortium, a group of insurers, construction industry leaders and others supporting drone research, announced that a new FAA ruling will allow the consortium to fly drones for property claims research on behalf of customers. The …
In an effort to learn more about how unmanned aerial vehicles, commonly referred to as drones, can improve the property claims process, Allstate Insurance Company will join a consortium dedicated to the research and development of drones. Drones used for …
Wash.-based EagleView Technology Corporation, a technology provider of aerial imagery, data analytics and GIS solutions, announced that it is leading the formation of the Property Drone Consortium. Chaired by EagleView CEO Chris Barrow, the consortium represents a collaboration among insurance …