National News

Insurers Urged to Be Cautious When Seeking Recovery of Paradigm Fees

Paradigm Catastrophic Care Management offers what insurers crave: certainty in medical costs for workers’ compensation claims filed by catastrophically injured workers. For a set fee, the California company’s Catastrophic Care Management division will take over liability for all treatment costs …

Craigslist Founder, Facebook’s Ex-Security Chief Team Up Over 2020 Online Fears

SAN FRANCISCO — The project by Facebook Inc. former chief security officer Alex Stamos to battle online abuses has received $5 million from Craigslist founder Craig Newmark, the Stanford Internet Observatory said this week. Stamos, in an interview with Reuters, …

Grounded Boeing Plane Takes a Bigger Bite Out of Airlines

DALLAS — Airlines are tallying up the damage and talking to Boeing about compensation for the grounding of the troubled 737 Max jet. On Thursday, two of the three large U.S. airlines that own Max jets updated their estimates of …

New Auto Safety Technology Leaves Insurers in the Dark

Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise control. The global market for advanced driver assistance systems, known …

Drones Do Deadly Work So You Don’t Have To

Here’s a job any worker would be happy to pass off to a drone: Imagine crawling down a ladder into the vast darkness of a 20-story-high storage tank filled with toxic chemical fumes to spend hours searching for corrosion. More …

Moody’s Links with Four Twenty Seven to Price Climate Risk: Leonid Bershidsky

The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in how markets price risks related to climate change. Up until now, these risks largely have been absent from investors’ models, …

‘Hail Protector’ Inventor Looks for Buy-in from Insurers

Mark Twain purportedly said, “Everybody talks about the weather, but nobody does anything about it.” An electronics engineer who moved to the Dallas area from Chicago decided that he had to do something about Texas’ stormy weather after both his …

Documentary Series Examines Cost of Small-Town Vigilantism

NEW YORK — It’s been 38 years since a man named Ken Rex McElroy was shot to death by an angry crowd in the dusty farming community of Skidmore, Missouri. And for 38 years, the case has remained unsolved. McElroy …

J&J Targets Science Behind Thousands of Baby Powder-Cancer Cases

Johnson & Johnson, seeking to head off claims by thousands of women that its iconic Baby Powder caused their cancer, took aim at some of the science cited in lawsuits alleging the company’s talc-based products were tainted in the past …

NTSB to Issue Recommendations on 737 Max Certification

U.S. air crash investigators, who are assisting in probes of two fatal crashes of Boeing Co.’s grounded 737 Max, plan to issue recommendations within 60 days on how the plane was designed and certified. The board will issue a recommendation …

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