IBISWorld News

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 …

Now Hiring: Claims Industry Among Top 10 Fastest Growing

Employment may be weak across the nation, but several industries — including the insurance claims industry— are expected to rapidly hire new staff in the next few years. Employment in the field of third party administrators and claims adjusting is …