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Alaska Air blowout on 737 Max may be a manufacturing issue

Alaska Air blowout on 737 Max may be a manufacturing issue

by AIP Online Bureau | Jan 7, 2024 | International News, Risk Management, Technology

The Federal Aviation Administration(FAA) on Saturday ordered certain Max 9 aircraft grounded temporarily for inspections prior to returning to flight. The move, affecting 171 aircraft worldwide, followed decisions by Alaska Air and United Airlines Holdings Inc., the...
Japan earthquake deaths top 100, insurance losses manageable

Japan earthquake deaths top 100, insurance losses manageable

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Reinsurance, Risk Management

Catastrophe modeling firm Karen Clark & Co. said, total insured losses from the quake will reach $6.4 billion, with residential losses accounting for over two-thirds of the total Chanyoung Lee, director, analytics, AM Best, said “While the earthquake losses...

New York could be first state to offer prenatal paid leave to mothers

by AIP Online Bureau | Jan 6, 2024 | Facts, Health, Policy, Regulation, Workplace/Employee Benefits

The proposal was part of a six-point plan to improve maternal and neonatal health at a time when U.S. maternal mortality rates are growing with each generation and the country has fallen way behind other developed nations New York: New York Governor Kathy Hochul on...
India orders new drug-making standards after overseas deaths

India orders new drug-making standards after overseas deaths

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Health, Indian News, Regulation, Risk Management

“The manufacturer must assume responsibility for the quality of the pharmaceutical products to ensure that they are fit for their intended use, comply with the requirements of the licence and do not place patients at risk due to inadequate safety, quality or...
Govt to bring more products under mandatory quality norm: Goyal

Govt to bring more products under mandatory quality norm: Goyal

by AIP Online Bureau | Jan 6, 2024 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management

”In future, more products will be brought under the Quality Control Order(QCO). I believe we will be covering 2,000-2,500 products. Our commitment to the quality will be so strong that every product/service available in India will be of higher quality”...
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