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Sedgwick Claims Management Services, Inc., has announced funds affiliated with Stone Point Capital and Hellman & Friedman together with management, have signed an agreement to acquire ownership of Sedgwick.

Sedgwick Claims Management Services Inc. announced that it will be acquired for $1.1 billion by investment funds affiliated with Stone Point Capital LLC and Hellman & Friedman LLC.

Insurance Broadcasting has announced its seventh annual list of the 100 most powerful people in the insurance industry for North America, also referred to as the Insurance Dream Team.

The federal government has pushed back the deadline for reporting requirements under the Medicare Secondary Payer Act until next January, a decision greeted with relief by workers' compensation providers and self-insured risk managers.

To the relief of workers' compensation insurers and self-insured risk managers, the government has extended their deadline for reporting under the Medicare Secondary Payer Act until next year.

The current implementation of MMSEA further enhances the need for accurate claim processing and resolution. Sedgwick offers coordinated in-house services designed to ensure compliance and optimize claim management.

Unconventional threats to the workers' compensation system are multiplying, ranging from Medicare set-aside hassles, to recession-related challenges, to employer's liability complications, experts warned at an industry conference here.

ORLANDO, FLA.--Unconventional threats to the workers' compensation system, ranging from Medicare system red tape to recession problems to employers liability difficulties, are multiplying, experts said at an industry conference here.