We are revising our guidance for this metric from $185 million previously to approximately $180 million for the full year 2024 as a result of disciplined expense management, along with higher seating commissions from quota share reinsurance transactions.

Nov 1, 2024 / receipt, needs a key / David Weinstock, CFO | earnings call 2024-11-01 | transcript 8c00f22a-7ab8-495a-8b2f-7e5318385e46 | chars 8208-8462 | segment 8

So if there's an event where the companies kind of differ in terms of capitalization, leverage, expense management, and there's a credit event, you know, that probably could trigger consolidation more so than the environment we're in today where, you know, credit's relatively benign and all of the companies are doing, I think, very well.

Feb 11, 2022 / receipt, needs a key / Mark Casale, CEO | earnings call 2022-02-11 | transcript 4bcb6415-e9e9-4ea0-b6ed-49b5442d8948 | chars 14615-14954 | segment 14

You know, I was out traveling, you know, a few weeks ago for two days visiting a lot of these companies.

Nov 5, 2021 / receipt, needs a key / Mark Cassell, CEO | earnings call 2021-11-05 | transcript 58cc3a71-344a-434a-abe7-77311aa86b45 | chars 21237-21341 | segment 21

We're kind of back in the office and being very productive in terms of looking forward to build a business, but we haven't done a lot of travel. So we've saved a ton of money on travel, and it's something, quite frankly, you're going to reexamine going forward in terms of leveraging travel technology with Zoom.

Nov 6, 2020 / receipt, needs a key / Mark, CEO | earnings call 2020-11-06 | transcript aae4e640-d05b-4177-971b-1213dc402637 | chars 23592-23904 | segment 24

Other underwriting and operating expenses were $39 million in the second quarter of 2020 compared to $42 million in the first quarter, principally due to lower travel expenses and a reduction in payroll taxes and benefits associated with bonus payments and stock vestings in the first quarter.

Aug 7, 2020 / receipt, needs a key / Larry McAlee, CFO | earnings call 2020-08-07 | transcript a7a263b7-843e-44e9-9e88-be39d365e1a3 | chars 10519-10812 | segment 10