Crawford &Company, an independent provider of insurance claimsmanagement, has announced its financial results for the fourthquarter and the year in total that ended onDecember 31, 2010.

Consolidated revenues before reimbursements for the 2010 fourthquarter have set a new quarterly record of $301.5 million, anincrease of 26 percent over the $238.4 million reported in the 2009period. The fourth quarter's net income attributable to Crawford& Company was $14.8 million, increasing 67 percent over $8.9million in the 2009 figures. U.S. property and casualty revenuesbefore reimbursements were $45.2 million in the fourth quarter of2010, a slight increase from $44.9 million in the 2009 fourthquarter, primarily because of higher catastrophe-relatedrevenues.

The full year consolidated revenues before reimbursements arereported at more than $1 billion for 2010, increasing $60.5 millionfrom 2009. Net income attributable to Crawford & Company in2010 was $28.3 million, compared to a net loss in 2009 of $115.7million. Diluted earnings per share were $0.53 for 2010, comparedto a loss per share of $2.23 in the prior year. Fourth quarter 2010diluted earnings per share was $0.28 compared to diluted earningsper share of $0.17 in the prior-year quarter, an increase of 65percent.

“Crawford enters 2011 in a strengthened financial position, butwith a number of operational challenges ahead,” said.Jeffrey T.Bowman, chief executive officer of Crawford & Company. “Thehard work in 2010 on cost control and on our balance sheetpositions us to make progress in addressing these operatingchallenges over the next 12 months.”