“We intend to ramp up our recovery efforts in the coming days and weeks. And we do expect our insurers to honor their policy obligations to us in full.”

In context

“at was good. There will probably be some adjustments in how we structure the BGs over time, perhaps within the three business groups. There are certain geographies that stand out that we are really focusing heavily on and we want to put a little more attention on. But generally, I think Mike was taking the right steps and particularly in the supply chain area. So that’s on that piece on sort of your point about centralization. On insurance recoveries, just quickly, you’ll see this in the Q. In Q3, we’ve covered $54 million in insurance recoveries between combat arms and public water suppliers, year-to-date, it’s over $175 million. Recovery efforts continue. I know it’s top of mind given what other folks are talking about. We are active in arbitration and litigation with multiple insurers. We intend to ramp up our recovery efforts in the coming days and weeks. And we do expect our insurers to honor their policy obligations to us in full. The difference with others is our liability that we settled for is quite a bit higher than our insurance – total insurance value. So it’s a little bit different than others, but we are ramping up our efforts and we are starting to recover, and we’ll recover more over time. We’ll update investors each quarter and through our Q as we recover more on insurance. Andrew Obin: Thanks very much. Bill Brown: You bet. Operator: We’ll go next now to Nigel Coe with Wolfe Research. Nigel Coe: Thanks. Good morning. And Bill thanks for the update. These are really helpful. On the insurance point, I just wondered could you maybe clarify what the total coverage would be from a product perspective. And I understand that you are working on ramping up the recoveries there. But my first question is really ar”