The evolution and innovation in drone technology appears to be outpacing the regulatory process. While initial FAA regulations for commercial drone use go into effect by the end of August, the FAA has assembled an Unmanned Aircraft Safety Team to assess drone-use more closely.
The FAA’s Safety Team will provide recommendations to ensure that drones do not put people or property at risk.
NAMIC is the first stakeholder group to be accepted onto the UAST. According NAMIC President and CEO Chuck Chamness, NAMIC has been studying drone use for quite some time. He believes insurers will play a vital role in using drones, and providing insurance coverage.