Crawford & Co. More Than Doubles Net Income in Q2

Crawford & Co. on Monday reported a net income of $8.63 million for the second quarter, a 113% increase from $4.05 million in the second quarter of 2015. For the first half of the year, net income grew to $17.2 million, up 145% from $7.04 million in the first half of last year. Crawford & Co. is one of the world's largest providers of claims management services to insurance companies and self-insured entities. Its Broadspire third-party administration division reported revenues before reimbursements of $75.1 million in the second quarter, up from $73.7 million in the prior-year q...