Current Liabilities
Claims and insurance accruals
Hubbell Claims and insurance accruals increased by 8.2% to $89.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 7.0%, from $83.90M to $89.80M. Over 5 years (FY 2020 to FY 2025), Claims and insurance accruals shows an upward trend with a 3.0% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ4 2025
How to read this metric
An increase may signal higher risk or rising insurance costs, while a decrease suggests improved safety or lower claims experience.
Detailed definition
This represents the estimated reserves set aside to cover self-insured claims related to cargo, liability, and workers'...
Peer comparison
Standard for companies with self-insured risk profiles, particularly in logistics, manufacturing, and transportation.
Metric ID:
trucking_claims_accrualsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $76.40M | $77.10M | $73.30M | $78.20M | $73.00M | $74.50M | $75.60M | $84.70M | $78.90M | $80.80M | $79.10M | $87.60M | $76.10M | $77.80M | $89.00M | $83.90M | $81.30M | $80.20M | $83.00M | $89.80M |
| QoQ Change | — | +0.9% | -4.9% | +6.7% | -6.6% | +2.1% | +1.5% | +12.0% | -6.8% | +2.4% | -2.1% | +10.7% | -13.1% | +2.2% | +14.4% | -5.7% | -3.1% | -1.4% | +3.5% | +8.2% |
| YoY Change | — | — | — | — | -4.5% | -3.4% | +3.1% | +8.3% | +8.1% | +8.5% | +4.6% | +3.4% | -3.5% | -3.7% | +12.5% | -4.2% | +6.8% | +3.1% | -6.7% | +7.0% |
Range$73.00M – $89.80M
CAGR+3.5%
Avg YoY Growth+2.5%
Median YoY Growth+3.3%
Current Streak2 quarters growth
Claims and insurance accruals at Other Companies
Frequently Asked Questions
- What is Hubbell's claims and insurance accruals?
- Hubbell (HUBB) reported claims and insurance accruals of $89.80M in Q1 2026.
- How has Hubbell's claims and insurance accruals changed year-over-year?
- Hubbell's claims and insurance accruals increased by 7.0% year-over-year, from $83.90M to $89.80M.
- What is the long-term trend for Hubbell's claims and insurance accruals?
- Over 5 years (2020 to 2025), Hubbell's claims and insurance accruals has grown at a 3.0% compound annual growth rate (CAGR), from $71.60M to $83.00M.
- What does claims and insurance accruals mean?
- Money set aside to pay for expected insurance claims and legal liabilities.