Discontinued — last reported Q4 '20
An increase signals deteriorating credit quality or operational issues in insurance underwriting, which is a negative indicator.
This reflects the reduction in value of insurance-related receivables within the Other Homebuilding segment that are dee...
Specific to homebuilders with captive insurance or financial services; peers report this as bad debt expense or write-offs.
phm_segment_other_homebuilding_write_off_of_insurance_receivables