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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 …

Hurricane Victims Frustrated with Slow Housing Recovery

SPRING LAKE, N.C. — The heating and air conditioning in Carrie Johnson’s home — damaged by Hurricane Matthew in 2016 — still wasn’t fixed when Hurricane Florence flooded her house last September. Now, her home of over 50 years is …

Fire No Longer Threatens Key Idaho Nuclear Facilities

BOISE, Idaho — The nation’s primary nuclear research facility planned to go back to regular operations on Thursday after a change in wind direction pushed a wildfire away from the sprawling site in Idaho. The fire no longer poses a …

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 …

Union Splits From Uber and Lyft on California Worker Rights Law

Uber and Lyft suffered a setback in their months-long fight against rules that could force them to reclassify California drivers as employees. The ride-hailing companies, along with other businesses that depend on gig-economy work, have been talking with unions about …

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 …

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