Today’s version of WorkCompRecap features the latest blockbuster deal in the industry as Sedgwick CMS, the largest workers’ compensation Third Party Administrator (TPA), acquires rival Specialty Risk Services, LLC (SRS) from The Hartford for $278 million in cash. Sedgwick CMS, led by CEO Dave North, has built a remarkable franchise over the years through a… [Read more]
Making Changes to Serve You Better!
Over the last several weeks, I have received several suggestions on ways to improve our aggregated news and information service. One of those suggestions involves combining our Weekly Summary version of WorkCompRecap with any Friday, Saturday and Sunday news, and scheduling delivery for early Monday morning. This seems like a very good, and more efficient,… [Read more]
Deals, Deals and More Deals…….
Todays’ news includes a big announcement from Verisk Analytics regarding their acquisition of Crowe Paradis Service Corporation. This is a significant strategic announcement because it takes Verisk one step further into the workers’ compensation “insurance services” sector. Genex and Cigna also jointly announced that their previously announced transaction closed. I doubt these will be the last transaction… [Read more]