CorVel Corporation

Public Equity (NASDAQ)B2BInsuranceClaims Management

📍 Fort Worth, TX, United States• Founded 1987• 5001-10000 employees

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About CorVel Corporation

CorVel Corporation provides workers’ compensation, auto, liability, and health solutions, applying technology including artificial intelligence, machine learning, and natural language processing. Founded in 1987 as Fortis and renamed CorVel in 1992, the company is headquartered in Fort Worth, Texas and has been publicly traded on NASDAQ (CRVL) since its 1991 IPO. It operates a national preferred provider organization (PPO) and offers claims management, case management, medical bill review, pharmacy solutions, and ancillary benefit management services. The company employs approximately 5,239 people and maintains a debt-free balance sheet with cash representing 36% of total assets.

LATEST FUNDINGRule 144

$920K

Announced 2026-11-12

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IN THE NEWS

EMPLOYEES5001-10000

FOUNDED1987

HQFort Worth, TX, United States

Industry

Public Equity (NASDAQ)

Investors

Not disclosed in the source filing. Form D filings do not list investors — StreetZero surfaces them from news where available.

Key highlights

Publicly traded on NASDAQ (CRVL) since 1991 with a current market capitalization exceeding $4B.
Operates as the only independent, publicly traded claims management and cost containment company in its sector.
Has repurchased 65% of its outstanding shares through a program funded primarily by net earnings since 1996.
Maintains a debt-free balance sheet with cash representing 36% of total assets as of March 2026.
Applies AI, machine learning, and NLP to enhance workers’ compensation, liability, and health solutions.