Today’s issue of WorkCompRecap features two big pieces of news. First up, Sedgwick Claims Management Services has announced that it has acquired the assets of Cambridge Integrated Services Group, Inc. from Xchanging. The transaction includes the purchase of Cambridge’s technology infrastructure, and the extension of employment offers to all Cambridge employees.
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Also in the news is the late night passage of Illinois’ Workers’ Comp reform bill, HB 1698, which came hot on the heels of its previous rejection in the House. The American Insurance Association has released a statement from Midwest Region VP Steve Schneider, which relayed AIA’s position that further reforms will be needed.
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