Connected Living's growth was driven by contributions from newly launched trade-in programs and device protection programs in North America, indicating successful execution of organic growth initiatives.

The company is continuing to consolidate its real estate portfolio to support work-from-home arrangements, which is expected to result in cost savings. This is part of the company's restructuring and impairment charges.

The company consolidated its main reinsurance purchases into a single placement date of April 2024, which is expected to result in favorable underlying rates from improved reinsurance market conditions.

Global Housing's Adjusted EBITDA benefited from ongoing expense leverage from scale and operational efficiencies, demonstrating management's ability to improve operational efficiency.

In September 2023, the Company amended and extended the December 2022 plan to include additional actions within the initiatives described above, including further consolidation of its real estate portfolio and additional changes to its organizational structure.

Management, including the CEO and CFO, concluded that as of March 31, 2024, the company's disclosure controls and procedures were effective.

Global Automotive results were negatively impacted by ongoing elevated claims costs from inflation, indicating a potential risk factor related to macroeconomic conditions.

The impact of general economic, financial market and political conditions (including the Israel-Hamas war) and conditions in the markets in which we operate, including the current inflationary environment.

The 10-Q references the 2023 Annual Report for a more complete discussion of risk factors, highlighting the importance of those disclosures.

Connected Living's growth was driven by stronger mobile device protection results across carrier and cable operator clients in North America, indicating a strong competitive position in this market.

Homeowners growth was driven by higher lender-placed average insured values and policies in force, as well as higher premium rates, indicating a solid competitive position in the lender-placed market.

Across many of our businesses, we must respond to competitive pressures, including the threat of disruption and competition for talent, which has increased due to labor shortages and wage inflation.

Global Housing Adjusted EBITDA benefited from ongoing expense leverage from scale and operational efficiencies, indicating improved operational efficiency.

In December 2022, the Company finalized its plan to realize greater efficiencies by continuing to simplify its business portfolio and leverage its global footprint to reduce costs.

Global Housing net earned premiums benefited from lower catastrophe reinsurance premiums, including impacts from changing the timing of program placement, indicating improved cost structure.

Our results may be impacted by our ability to continue to grow in the markets in which we operate, including in our Connected Living and Global Automotive businesses, which will be impacted by our ability to provide a superior digital-first customer experience.

Our results may be impacted by our ability to continue to grow in the markets in which we operate, including in our Connected Living and Global Automotive businesses, which will be impacted by our investments in technology and digital initiatives.

The failure to effectively maintain and modernize our technology systems and infrastructure, or the failure to integrate those of acquired businesses.

During First Quarter 2024, we repurchased 225,406 shares of our outstanding common stock at a cost of $39.9 million, exclusive of commissions.

We paid dividends of $0.72 per common share on March 25, 2024 to stockholders of record as of February 5, 2024.

As of March 31, 2024, we had approximately $622.3 million in holding company liquidity, which was $397.3 million above our targeted minimum level of $225.0 million.

The provided document does not contain any specific information regarding ESG initiatives.

Ongoing elevated claims costs from inflation in Global Automotive.

The impact of general economic, financial market and political conditions (including the Israel-Hamas war) and conditions in the markets in which we operate, including the current inflationary environment.

Our Homeowners revenues is impacted by changes in the housing market.