other material
confidence high
sentiment neutral
materiality 0.50
Crawford & Company realigns operating segments into four geographic/service lines, restates historical results
CRAWFORD & CO
- Effective Jan. 1, 2022, new segments: North America Loss Adjusting, International Operations, Broadspire, Platform Solutions.
- Prior period results (2019-2021 and quarterly) restated to reflect the new segment structure.
- Broadspire continues as TPA for workers' comp and other lines in U.S.; Platform Solutions includes Contractor Connection, Networks, Subrogation.
- Costs of certain administrative functions now included as direct costs of operating segments, with prior period reclassifications.