Latest Manufacturing Headlines
All the headlines from our Manufacturing Topic Page, ordered by recency.
Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch
Mar 17 2017 // Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report...
U.S. Chipmaker Intel to Enter Driverless Car Tech with Acquisition of Mobileye
Mar 13 2017 // Intel Corp. will acquire Mobileye NV for about $15 billion, paying one of the highest takeover premiums this century to play catch-up in the market for technology that helps cars drive themselves. The U.S. chipmaker will...
School Buses in New Jersey Still Don’t Have Safety Sensors
Mar 6 2017 // More than a year after a law was signed requiring them, child-detection sensors are still not installed on most new school buses because regulations on how to implement it have not been approved. Gov. Chris Christie signed...
Who Self-Insures for Workers’ Compensation in California?
Mar 6 2017 // Workers’ compensation liability is one of the main commercial lines in the U.S. property/casualty market. In order to manage this loss exposure, employers have two choices: they can either buy market insurance or...
Manufacturing Boosting Midwest Economy, Survey Finds
Mar 2 2017 // Results from a monthly survey of business supply managers suggest that manufacturing is boosting economic conditions in nine Midwest and Plains states, according to a report issued on March 1. The Mid-America Business...
How Supreme Court Just Made Things Easier for Patent Infringers
Feb 23 2017 // The Supreme Court made it easier on Wednesday for U.S. manufacturers to infringe patents held by competitors by manufacturing all but one of the infringing components abroad. The practical consequences could be...
Goodyear to Pay $1.75M After Four Deaths at Virginia Factory
Feb 13 2017 // Goodyear will pay $1.75 million to settle workplace health and safety violations at its Danville, Va., tire plant where four workers died on the job over the course of a year, officials announced Friday. Goodyear, the...
Gallagher Launches Manufacturers’ Cyber Solution to Close Coverage Gaps
Feb 9 2017 // Arthur J. Gallagher announced it has responded to the “perfect storm” facing manufacturers – a rising risk of cyber attacks, coupled with increased vulnerability and largely excluded exposures – by...
Fire at Huge Philippines Factory Complex Injures More Than 100
Feb 3 2017 // More than 100 workers, including three Japanese, were injured and at least three were missing in a fire that hit a huge factory south of Manila and sent thousands of employees running to safety, an official said...
Samsung Details Causes for Galaxy 7 Fires; Clyde & Co. Comments
Jan 23 2017 // It was the battery, after all. In a presentation and news conference on Monday that lasted more than two hours, Samsung Electronics Co. detailed the results of its investigation into Note 7 smartphones that overheated and...
Texas Feed Manufacturer Fined Nearly $92K for Health, Safety Violations
Dec 30 2016 // Thomas Moore Feed in Navasota, Texas, has been cited by federal safety officials for repeat and serious health and safety violations. Proposed penalties total $91,911. Federal Occupational Safety and Health Administration...
2 Hurt in Explosion at Northern Oklahoma Manufacturing Plant
Dec 29 2016 // Authorities say two workers were injured after an explosion and fire at a manufacturing plant in northern Oklahoma. The fire broke out Tuesday afternoon at the ICES Corporation plant in Cleveland, about 80 miles northeast...
Insurance Crime Watchdog Reveals Mystery Device Used by Vehicle Thieves
Dec 7 2016 // Insurance crime investigators recently went on a crime spree, breaking into vehicles and stealing them. It was all part of an effort to draw attention to technology that the National Insurance Crime Bureau (NICB) says is...
Supreme Court Orders Refiguring of Samsung’s Damages in Patent Fight with Apple
Dec 6 2016 // The U.S. Supreme Court on Tuesday sided with Samsung in its big-money smartphone patent fight with Apple, throwing out an appeals court ruling that said the South Korean company had to pay a $399 million penalty to its...
Who Pays When Driverless Cars Crash? UK Insurers Call for Int’l Standards
Nov 22 2016 // Cars of the future will need to collect a basic set of core data to prevent drivers being unfairly blamed if technology goes wrong, according to the Association of British Insurers (ABI). The ABI supports the formation of...
The Right Cyber Coverage Can Protect a Business from Financial Ruin
Nov 16 2016 // A recent report on cybersecurity still shows many companies are unprepared for cyberattacks. The report, conducted by KPMG and British Telecom, reveals only 22 percent of companies have a comprehensive plan in place to...
Safety Advocates Frustrated that Accident-Prevention Technologies Remain Optional
Nov 15 2016 // Computerized sensors that warn drivers they’re about to rear-end another vehicle or prevent other types of accidents are available on models made by every major auto manufacturer. The problem, according to a U.S....
Pricing Insurance for Autonomous Vehicles
Nov 8 2016 // “This is a new world for insurers. The industry will need a whole new set of data tools to deal with this.” So says Michael Macauley, CEO of Quadrant Information Services, a supplier of pricing analytics to...
Texas Company Hit with $224K in Fines for Workplace Safety Violations
Nov 3 2016 // A Mineral Wells, Texas-based manufacturer is facing more than $224,000 in fines levied by federal safety officials after an investigation found the company failed to protect workers from safety and health hazards. The U.S....
Ohio Manufacturer Faces Nearly $215K in Fines Over Workplace Hazards
Nov 3 2016 // Federal safety officials have alleged that for at least two years, an Ohio manufacturer of thermoplastic lining systems for truck bodies and trailers exposed workers to the risk of amputation and other serious injury by...