2 unchanged sentences
In accordance with applicable accounting guidance, we establish accruals for all lawsuits, claims and expected settlements when we believe it is probable that a loss has been incurred and the amount of the loss is reasonably estimable.
−Removed: When a loss contingency is not both probable and reasonably estimable, we do not establish an accrual.
+Added: When a loss contingency is not both probable and estimable, we do not establish an accrual.
Any such loss estimates are inherently uncertain, based on currently available information and are subject to management's judgment and various assumptions.
Due to the inherent subjectivity of these estimates and unpredictability of outcomes of legal proceedings, any amounts accrued may not represent the ultimate resolution of such matters.
−Removed: To the extent we believe any potential loss relating to such lawsuits and claims may have a material impact on our liquidity, consolidated financial position, results of operations, and/or our business as a whole and is reasonably possible but not probable, we disclose information relating to any such potential loss, whether in excess of any established accruals or where there is no established accrual.
−Removed: We also disclose information relating to any material potential loss that is probable but not reasonably estimable.
+Added: To the extent we believe any potential loss relating to such lawsuits and claims may have a material impact on our liquidity, consolidated financial position, results of operations, and/or our business as a whole and is reasonably possible but not probable, we will disclose information relating to any such potential loss, whether in excess of any established accruals or where there is no established accrual.
+Added: We will also disclose information relating to any material potential loss that is probable but not reasonably estimable.
Where reasonably practicable, we will provide an estimate of loss or range of potential loss.
No disclosures are generally made for any loss contingencies that are deemed to be remote.
−Removed: We have been named as a defendant in one litigation case that involves refunds of mortgage insurance premiums under the Homeowners Protection Act.
−Removed: We currently are unable to assess the outcome of this litigation nor whether this litigation may become material over time.
+Added: As we have previously disclosed, we were named as a defendant in one litigation case that involves refunds of mortgage insurance premiums under the Homeowners Protection Act.
+Added: In September 2023, the United States District Court for the Eastern District of Virginia granted our motion to dismiss the case.
+Added: Subsequently, the plaintiff filed a notice of appeal in October 2023, appealing the District Court’s decision to the United States Court of Appeals for the Fourth Circuit.
+Added: The appeal is currently pending.
Based upon information available to us and our review of lawsuits and claims filed or pending against us to date, we have not recognized a material accrual liability for these matters, nor do we currently expect it is reasonably possible that these matters will result in a material liability to the Company.
3 unchanged sentences
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.