Our headquarters is located in leased offices in Westlake, Texas.
−Removed: The lease consists of approximately 230,000 square feet and expires in June 2033.
−Removed: As of December 31, 2024, our company-owned insurance brokerage business leases approximately 481,000 square feet of office space in Texas, Nevada, Colorado, Illinois, North Carolina, Florida, Arizona and Ohio under 14 leases.
+Added: The Westlake lease consists of approximately 230,000 square feet and expires in June 2033.
+Added: As of December 31, 2025, our company-owned insurance brokerage business leases approximately 512,000 square feet of office space in Texas, Arizona, Colorado, Florida, Illinois, Indiana, Minnesota, North Carolina, Ohio, Tennessee, Virginia, and Washington under 18 leases, 4 of which were not yet operational as of December 31, 2025.
These offices are typically located in small office parks, generally with lease terms of five to ten years.
−Removed: We believe that all of our properties and facilities are well maintained.
+Added: We believe that all of our properties and facilities are adequate to support our current needs.
+Added: In the future, we may need to purchase, construct, or lease additional facilities as our operations continue to expand.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.