{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-21-003504","form_type":"8-K","ticker":"CRD-A","cik":"0000025475","company_name":"CRAWFORD & CO","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.004296+00:00","generated_at":"2026-06-28T11:46:19.167726+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Crawford Q3 revenue up 14% to $288.5M; EPS down YoY; announces acquisitions and $450M credit facility","bullets":["Revenue before reimbursements $288.5M (+14% YoY); net income $11.2M vs $24.4M; diluted EPS $0.20/$0.21 vs $0.46.","Loss Adjusting revenue $124M (+11.8%) but operating earnings fell to $7.1M from $14.1M; Platform Solutions op earnings up to $11.0M.","Acquired edjuster (Aug, $21M initial plus earnout), Praxis (Oct, $25.5M initial), BosBoon (Oct); $450M credit facility maturing 2026.","Board authorized up to 2M share repurchase through Dec 2023; 642k shares repurchased YTD for $6.1M.","Free cash flow -$0.58M for nine months vs +$33.7M; adjusted EBITDA $29.5M vs $35.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-21-003504","json":"https://secwatch.observer/filing/0000950170-21-003504.json","markdown":"https://secwatch.observer/filing/0000950170-21-003504.md","text":"https://secwatch.observer/filing/0000950170-21-003504.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25475/000095017021003504/0000950170-21-003504-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25475/000095017021003504/crda-20211108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:46:19.167726+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}