In corporate news:

Sedgwick Claims Management Services Inc. has acquired Chattanooga, Tennessee-based software developer Absentys L.L.C. Absentys builds software applications that aim to help employers self-administer or co-source leaves of absence and accommodation requests while ensuring compliance with federal and state leave and accommodation regulations, Sedgwick said in the statement. Absentys provides services for more than 500 nationwide organizations and 3 million workers. This acquisition comes on the tail of another Sedgwick deal in October in which Sedgwick purchased T&H Global Holdings L.L.C. and its subsidiaries (VeriClaim Inc., VRS VeriClaim U.K. Ltd., Unified Investigations & Sciences Inc., Cramer, Johnson, Wiggins & Associates Inc. and Ellis May.)

Read coverage of the announcement from Business Insurance here.

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