CRD-B · Crawford & Company

Crawford & Company filed an 8-K to disclose a segment realignment effective January 1, 2026, driven by a realignment of management responsibilities. The Company consolidated its operations into three reportable segments: U.S. Property & Casualty, Broadspire, and International Operations. The U.S. Property & Casualty segment now includes the Contractor Connection and Catastrophe Services operations previously reported within the Platform Solutions Segment. Broadspire now includes subrogation operations previously reported within the Platform Solutions Segment. International Operations now includes Canadian operations previously reported within the North America Loss Adjusting segment. Concurrently, the Company reclassified certain administrative costs, such as management and IT, from direct compensation to allocated corporate and shared services. The filing includes Exhibit 99.1, which provides restated Results of Operations and Reportable Segment Information for 2024 and 2025. The Company explicitly stated that these changes have no impact on its historical consolidated financial statements. For the full year 2025, restated Total Revenues were $1.31 billion, and Net Income attributable to shareholders was $19.6 million.