Andrew G. Simpson

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So far Andrew G. Simpson has created 787 blog entries.
18 11, 2020

FAA Safety Agency Clears Boeing 737 MAX to Fly Again

By | November 18th, 2020|Uncategorized|Comments Off on FAA Safety Agency Clears Boeing 737 MAX to Fly Again

After nearly two years of scrutiny, corporate upheaval and a standoff with global regulators, Boeing Co. won approval on Wednesday from the U.S. Federal Aviation Administration to fly its 737 MAX jet again after two fatal disasters. The FAA detailed …

18 11, 2020

S&P Finds U.S. Insurers Made Modest Gains in Diversity Over Decade

By | November 18th, 2020|Uncategorized|Comments Off on S&P Finds U.S. Insurers Made Modest Gains in Diversity Over Decade

The U.S. insurance industry has achieved only modest gains in increasing diversity over the last 10 years, according to government data compiled by S&P Global Market Intelligence. S&P found that the percentage of Black or African-American employees in the insurance …

18 11, 2020

Task of Tracking COVID-19 Vaccine Safety Falls to Multiple Federal Agencies

By | November 18th, 2020|Uncategorized|Comments Off on Task of Tracking COVID-19 Vaccine Safety Falls to Multiple Federal Agencies

Monitoring Covid-19 vaccines for safety issues will fall to a group of U.S. health agencies that also will have a hand in their rollout, a potential hurdle in persuading skeptics to get the shots, say former government officials who helped …

18 11, 2020

Nearly 90,000 Sexual Abuse Claims Filed Against Boy Scouts in Bankruptcy

By | November 18th, 2020|Uncategorized|Comments Off on Nearly 90,000 Sexual Abuse Claims Filed Against Boy Scouts in Bankruptcy

Close to 90,000 sexual abuse claims have been filed against the Boy Scouts of America as the Monday deadline arrived for submitting claims in the organization’s bankruptcy case. The number far exceeds the initial projections of lawyers across the United …

18 11, 2020

Allied World Sells Majority Stake in High-Net Worth Insurer Vault

By | November 18th, 2020|Uncategorized|Comments Off on Allied World Sells Majority Stake in High-Net Worth Insurer Vault

Fairfax Financial Holdings and its subsidiary Allied World Assurance Co. have agreed to sell their majority interests in Florida-based high-net worth insurer Vault E&S Insurance Co. to private equity investor Cornell Capital and asset manager Hudson Structured Capital Management. Fairfax, …

18 11, 2020

Despite Warnings and Laws, Drivers Continue to Be Distracted by Phones

By | November 18th, 2020|Uncategorized|Comments Off on Despite Warnings and Laws, Drivers Continue to Be Distracted by Phones

Despite education programs and state laws, phone-based driving distraction is still on the rise—and is likely responsible for far more accidents than widely reported, says a new study from Cambridge Mobile Telematics (CMT). CMT’s analysis of 54 million trips recorded …

17 11, 2020

U.S. Safety Agency Expands Probe Into 159,000 Teslas Over Touchscreen Failures

By | November 17th, 2020|Uncategorized|Comments Off on U.S. Safety Agency Expands Probe Into 159,000 Teslas Over Touchscreen Failures

The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was expanding a probe into nearly 159,000 Tesla Model S and Model X vehicles, upgrading it to an engineering analysis, a step required before it can seek to …

17 11, 2020

Federal Reserve Raises Questions Over Life Insurers’ Risk of Coronavirus Claims

By | November 17th, 2020|Uncategorized|Comments Off on Federal Reserve Raises Questions Over Life Insurers’ Risk of Coronavirus Claims

U.S. life insurers face questions about their ability to cover a sudden rush of claims after the Federal Reserve highlighted liquidity and leverage risks in a report this week. Issues the Fed focused on are not new: Life insurers have …

17 11, 2020

Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

By | November 17th, 2020|Uncategorized|Comments Off on Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently distributed. Recent figures from the International Air …

16 11, 2020

U.S. Expected to Grant Safety Clearance for Boeing’s 737 MAX This Week

By | November 16th, 2020|Uncategorized|Comments Off on U.S. Expected to Grant Safety Clearance for Boeing’s 737 MAX This Week

After a standoff with global regulators, management turmoil and a massive safety review, Boeing Co. is set to win U.S. approval on Wednesday to resume flights of its grounded 737 MAX. But the largest U.S. airplane maker faces headwinds from …