Company: CRD-A
Filing Date: 2025-03-03
Form Type: 10-K
Source: 0000950170-25-030894
Chunk: 159

Company: CRAWFORD & CO
Filing Date: 2025-03-03
Form: 10-K
Item: Item 1B
Chunk 159
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.Changes in fair value related to assets still held at the reporting date are included in "Accumulated Other Comprehensive Loss" on the Consolidated Balance Sheet. The following table provides a reconciliation of the beginning and ending balance of Level 3 assets within the Company's U.S. and U.K. pension plans during the years ended December 31, 2024 and 2023: 

        U.S

        U.K.

        (in thousands)

        Balance at December 31, 2022
         
        $
        18,194

        $
        9,475

        Actual return on plan assets:

        Related to assets still held at the reporting date

        (6,929
        )

        (4,548
        )

        Purchases, sales and settlements, net

        34

        -

        Balance at December 31, 2023

        11,299

        4,927

        Actual return on plan assets:

        Related to assets still held at the reporting date

        (1,350
        )

        107

        Related to assets sold during the period

        (264
        )

        63

        Purchases, sales and settlements, net

        843

        (3,113
        )

        Transfers into Level 3

        —

        966

        Balance at December 31, 2024
         
        $
        10,528

        $
        2,950

96

13.	Segment and Geographic InformationThe Company has four reportable segments consisting of North America Loss Adjusting, International Operations, Broadspire, and Platform Solutions. The Company's reportable segments are comprised of the following:•North America Loss Adjusting, which services the North American property and casualty market. This is comprised of Loss Adjusting operations in the U.S. and Canada, including Global Technical Services and field operations. The Canadian operations include all operations within that country including third party administration and Contractor Connection. •International Operations, which services the global property and casualty market outside North America. This is comprised of Loss Adjusting operations in the U.K., Europe, Australia, Asia and Latin America, and includes Crawford Legal Services. International Operations includes all operations within the respective countries, including Loss Adjusting, Global Technical Services, Legal Services, third party administration, and where applicable, Contractor Connection services. •Broadspire, which provides third party administration for workers' compensation, auto and liability, disability