Latest Manufacturing Headlines
All the headlines from our Manufacturing Topic Page, ordered by recency.
Uncertainty Marks Federal Regulation of Compounding Pharmacies
Oct 15 2012 // The deadly meningitis outbreak linked to contaminated pain injections has prompted calls for tighter federal regulation of compounding pharmacies, which have periodically been blamed for crippling and sometimes fatal...
Space Insurance Agency Aims to Help Florida’s Space Business Take Off
Oct 8 2012 // A new partnership formed between Space Florida, the spaceport authority and aerospace development organization for the state, and insurance agency Assure Space is counting on new space insurance capabilities driving more...
A Growing Economy
Oct 8 2012 // Media reports notwithstanding, the U.S. economy, while sluggish, is not in danger of going over the fiscal cliff. That’s according to a couple of insurance industry executives, who say that private sector job hiring...
Georgia Food Manufacturers Not Following ‘Red Flag’ Reporting Law: Audit
Sep 25 2012 // Food manufacturers in Georgia may be dodging a first-of-its-kind law requiring that they inform state food inspectors when their products test positive for contamination, according to an audit of the state’s food...
Best Affirms Factory Mutual and Subs ‘A+’ Ratings; Outlook Stable
Sep 21 2012 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘”aa” of Factory Mutual Insurance Company and its subsidiaries, Appalachian...
Chrysler Factory Employee Kills Co-Worker, Self in Detroit
Sep 21 2012 // An employee fatally stabbed a co-worker Thursday at a Chrysler factory in Detroit and then fled to a city park where he killed himself, police said. The stabbing was reported around 8 a.m. at a Chrysler plant that makes...
Central Indiana Glass Plant Faces $453K in Safety Fines
Aug 24 2012 // A central Indiana glass factory faces what the state workplace safety agency calls a record $453,000 in fines for violations that weren’t corrected after a worker’s death nearly two years ago. The Indiana...
Ohio Manufacturer Fined for Safety Violations, Amputation Hazards
Aug 14 2012 // The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Hebco Products Inc. in Bucyrus, Ohio, with 14 safety violations, including two repeat violations for failing to guard machines to...
While Debate Over Safety Valve Goes On, Gas Explosions Continue: AP
Jul 25 2012 // The bulldozer was clearing land outside a day care center in Hapeville, Ga., when it broke open a buried 1-inch pipeline. The escaping gas ignited into a fireball that killed nine people, including seven children settling...
Flood Risks Rampant across Asia’s Factory Zones; Insurers Concerned
Jul 23 2012 // Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one of the world’s costliest disasters hit Thailand, with executives fearing an even worse event may strike...
Illinois Places 2 Mutual Insurers into Rehabilitation
Jul 5 2012 // Illinois insurance regulators announced that Lumbermens Mutual Casualty Co. (Lumbermens) and American Manufacturers Mutual Insurance Co. (American Manufacturers) have agreed to being placed into rehabilitation. The...
Wisconsin Manufacturer Struggling to Recruit Workers
Jun 19 2012 // A defense contractor that’s one of northern Wisconsin’s largest employers is struggling to recruit recent high school graduates for some of the region’s best-paying jobs. Marinette Marine Corp. says it is...
Safety Hazards at Texas Manufacturing Plant Lead to $58K in Fines
Jun 19 2012 // A manufacturing facility in Texas has been fined $58,000 by federal regulators for exposing workers to safety hazards. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited...
New Jersey Manufacturers Insurance Co. Appoints New CFO
Jun 15 2012 // New Jersey Manufacturers Insurance Company has promoted treasurer Charles Prall to chief financial officer. He will also serve on the insurer’s board of directors.Charles PrallBeing named to the CFO position is an...
ACE Adds Accident Coverage to Integrated Pollution, Casualty Form
Jun 12 2012 // ACE USA, the U.S.-based retail operating division of the ACE Group, has expanded its coverage for buyers of its combined general liability and pollution policy form – ACE PaC– designed for mid-sized clients with the...
Magnitude 6.0 Earthquake Strikes Italy’s Emilia Romagna Region: AIR Analysis
May 21 2012 // AIR Worldwide has released its preliminary analysis of the earthquake which struck the Emilia-Romagna region of northern Italy in the early hours on Sunday, May 20. The US Geological Survey issued a “moment magnitude...
Worker Death Leads to $473K Fine for Illinois Manufacturer
May 20 2012 // A manufacturing plant in Illinois faces a fine of $473,000 after a worker died from chemical burns. The U.S. Department of Labor’s Occupational Safety and Health Administration has cited Raani Corp. for failing to...
N.Y.-Based Alleghany Acquires Stake in Manufacturing Firm Bourn & Koch
May 4 2012 // New York-based global specialty insurer Alleghany Corporation said its investment management unit acquired a majority stake in manufacturing firm Bourn & Koch. Terms of the transaction were not disclosed. Alleghany,...
Willis Review Sees Better Times Ahead for Aviation Industry
May 1 2012 // The airline and aviation manufacturing insurance markets turned a profit in 2011 “following one of the safest years in recent times in terms of numbers of losses and passenger fatalities,” according to a review...
Schools, Manufacturers Earn Combined $1M in Texas Mutual Dividends
Apr 27 2012 // Texas Mutual Insurance Co. announced that the Texas Schools Group and Texas Association of Manufacturers safety groups earned a combined $1,094,336 in dividends. The workers’ compensation dividends were based largely...
