Wal-Mart Stores, Inc. announced that it will begin using drones for checking warehouse inventories. In a press conference, Wal-Mart’s Vice President of Last Mile and Emerging Sciences Shekar Natarajan said that the operations would begin in six to eight months. The drones will reduce the time it takes to update inventories, from one month to a single day, explained Natarajan.
As more commercial drone users take to the sky, insurers are struggling to develop policies to cover the eventualities of flying. Meanwhile, insurance companies also want to fly drones themselves for appraisals and damage assessments. We spoke with Tom Karol, general counsel-federal for the National Association of Mutual Insurance Companies, to learn about the uncertain landscape that is the drone insurance industry.
The National Telecommunications & Information Administration released privacy guidelines for drone users. The voluntary “Best Practices” are the result of year-long study by a panel of consumer privacy advocates, industry representatives, and federal government regulators.