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NOTE 24 COMMITMENTS AND CONTINGENCIES
Collateral pledged and restricted cash:
The Company has restricted cash of $7.7 million and $8.0 million at June 30, 2026 and December 31, 2025, respectively. Included in restricted cash are:
| | • | $7.5 million and $7.4 million at June 30, 2026 and December 31, 2025, respectively, held as deposits by IWS, Geminus, PWI, Ravix and CSuite; |
| | • | $0.2 million at June 30, 2026 and December 31, 2025, on deposit with state regulatory authorities; and |
| | • | less than $0.1 million and $0.3 million at June 30, 2026 and December 31, 2025, respectively, pledged to third-parties as deposits or to collateralize liabilities. Collateral pledging transactions are conducted under terms that are common and customary to standard collateral pledging and are subject to the Company's standard risk management controls. |
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