Covenant Logistics Group CVLG Claims and insurance accruals
Claims and insurance accruals at other companies
Other financials
Where this comes from
Reported directly by Covenant Logistics Group in its filing.
Tagged under the XBRL concept us-gaap:AccruedInsuranceCurrent.
The official record: Covenant Logistics Group’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Covenant Logistics Group's claims and insurance accruals?
- Covenant Logistics Group (CVLG) reported claims and insurance accruals of $25.71M in Q1 2026.
- How has Covenant Logistics Group's claims and insurance accruals changed year-over-year?
- Covenant Logistics Group's claims and insurance accruals increased by 10.8% year-over-year, from $23.22M to $25.71M.
- What is the long-term trend for Covenant Logistics Group's claims and insurance accruals?
- Over 5 years (2020 to 2025), Covenant Logistics Group's claims and insurance accruals has grown at a -3.4% compound annual growth rate (CAGR), from $30.22M to $25.46M.
- What does claims and insurance accruals mean?
- This represents the estimated liability for self-insured claims, including cargo damage, general liability, and workers' compensation. It reflects the company's historical loss experience and the actuarial assessment of future payouts. High or increasing accruals may signal rising insurance costs or deteriorating safety performance, impacting overall profitability.