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Archive for July 2019

Segwick’s Purchase of York Furthers Consolidation of TPA Industry

Sedgwick announced Monday that it has signed an agreement to purchase York Risk Services, continuing a long-term consolidation trend among third-party administrators. The purchase of York — which must be approved by federal regulators — would mark Sedgwick’s third acquisition … Source: Claims Journal

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Searches Find Nobody in Blast-Damaged Nevada Dorm

Thorough searches of a mostly empty University of Nevada, Reno, dormitory that was heavily damaged by an explosion found nobody inside and all students accounted for, officials said Saturday. The cause of the Friday explosion that blew out windows and … Source: Claims Journal

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After Brutal Spring Floods, U.S. Farmers Face Big Losses

The planting season ended more than a month ago, but much of 39-year-old Greg McGlinch’s 450-acre farm in Darke County, Ohio, is either under water or still saturated from record spring rains. Together with his father, McGlinch, a fifth-generation crop … Source: Claims Journal

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PG&E, Edison May Not Get California Help on Fires by July 12

California’s biggest utilities — PG&E Corp., Edison International and Sempra Energy — may not get the help they need to deal with multi-billion dollar wildfire liabilities before lawmakers adjourn July 12 for recess. Governor Gavin Newsom signaled that pending legislation … Source: Claims Journal

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