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MYR Group MYRG Increase (Decrease) in Insurance Settlements Receivable
Increase (Decrease) in Insurance Settlements Receivable at other companies
Other financials
Where this comes from
Reported directly by MYR Group in its filing.
Tagged under the XBRL concept us-gaap:IncreaseDecreaseInInsuranceSettlementsReceivable.
The source filing: MYR Group’s 10-Q, filed April 29, 2026. Open the filing →
- Filed
- Apr 29, 2026, 4:13 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000700923-26-000028
FAQ
- What is MYR Group's increase (decrease) in insurance settlements receivable?
- MYR Group (MYRG) reported increase (decrease) in insurance settlements receivable of -$2.44M in Q1 2026.
- How has MYR Group's increase (decrease) in insurance settlements receivable changed year-over-year?
- MYR Group's increase (decrease) in insurance settlements receivable decreased by 900.0% year-over-year, from $305K to -$2.44M.
- What does increase (decrease) in insurance settlements receivable mean?
- This metric represents the net change in receivables due from insurance carriers for claims filed by the company. It reflects the timing difference between the recognition of an insurance recovery asset and the actual cash receipt from the insurer. Fluctuations in this balance can indicate changes in the company's claims processing efficiency or the creditworthiness of its insurance providers.
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