Archive for July 2019
J&J Would Rather Fight a Cancer-Warning Lawsuit on Baby Powder
Johnson & Johnson wants its day in court to fight a lawsuit intended to force it to put a cancer warning on the company’s Baby Powder. So, it’s urging a judge not to let a law firm that’s been arguing … Source: Claims Journal
Read MoreInsurers 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 … Source: Claims Journal
Read MoreCraigslist 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, … Source: Claims Journal
Read MoreGrounded 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 … Source: Claims Journal
Read MoreHurricane 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 … Source: Claims Journal
Read MoreFire 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 … Source: Claims Journal
Read MoreNew 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 … Source: Claims Journal
Read MoreDrones 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 … Source: Claims Journal
Read MoreUnion 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 … Source: Claims Journal
Read MoreMoody’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, … Source: Claims Journal
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