{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-122326","form_type":"8-K","ticker":"CRD-A","cik":"0000025475","company_name":"CRAWFORD & CO","filed_at":"2021-10-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.004065+00:00","generated_at":"2026-06-28T23:34:39.098377+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Crawford acquires Praxis Consulting for $55.5M to expand subrogation services","bullets":["Deal value $55.5M: $25.5M cash at closing, $20M Jan 2022, plus $10M earnout over two years.","Praxis is a leading U.S. subrogation claims management provider, founded 1997, with proprietary data analytics.","Acquisition adds specialist capability in the growing U.S. subrogation market, strengthens Crawford's platform.","Crawford expects to leverage Praxis's long-term client relationships and proven recovery results.","Transaction closed October 4, 2021; funded from cash on hand."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-122326","json":"https://secwatch.observer/filing/0001104659-21-122326.json","markdown":"https://secwatch.observer/filing/0001104659-21-122326.md","text":"https://secwatch.observer/filing/0001104659-21-122326.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25475/000110465921122326/0001104659-21-122326-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25475/000110465921122326/tm2129090d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T23:34:39.098377+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"}