The Institutes

Expect Drone Usage To Surge In Insurance Industry

 Tuesday, March 31, 2015

 The Post-Crescent

As the FAA shapes regulations for drones, entrepreneurs and advocates said the technology opens the door for a wide number of applications from scouting crops and infrastructure to inspecting homes after natural disasters. The Virginia-based Association for Unmanned Vehicle Systems International estimates the initial three-year economic impact of drone integration in the national airspace system will be $13.6 billion, with the creation of 70,000 jobs. By 2025, the group projects an economic impact of $82 billion, according to 2013 report. With the FAA close to establishing rules for the first time, experts expect to see drones used in a myriad of creative ways.
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