Title insurance

First American Financial Reports Results for the Fourth Quarter and Full Year of 2023

Retrieved on: 
Wednesday, February 7, 2024

Total revenues for the Title Insurance and Services segment during the fourth quarter were $1.3 billion, down 18 percent compared with the same quarter of 2022.

Key Points: 
  • Total revenues for the Title Insurance and Services segment during the fourth quarter were $1.3 billion, down 18 percent compared with the same quarter of 2022.
  • Net investment losses totaled $32 million in the current quarter, compared with net investment losses of $60 million in the fourth quarter of 2022.
  • Other operating expenses were $227 million in the fourth quarter, a decrease of $23 million, or 9 percent, compared with the fourth quarter of 2022.
  • Pretax income for the Title Insurance and Services segment was $60 million in the fourth quarter, compared with $113 million in the fourth quarter of 2022.

Title Resources Group Welcomes New Executive

Retrieved on: 
Tuesday, January 16, 2024

DALLAS, Jan. 16, 2024 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters is pleased to welcome Jenny Isgett to the Executive Leadership team, reporting to Chief Executive Officer, Scott McCall.

Key Points: 
  • DALLAS, Jan. 16, 2024 /PRNewswire/ -- Title Resources Group (TRG), one of the nation's leading title insurance underwriters is pleased to welcome Jenny Isgett to the Executive Leadership team, reporting to Chief Executive Officer, Scott McCall.
  • Jenny is a proven leader in the Title Insurance industry and is well known to many of the largest Title Agents in the country."
  • said Title Resources Group Chief Executive Officer Scott McCall.
  • She is a Past President of the Palmetto Land Title Association and has served on various industry related boards including the Home Builders Association Legislative Committee and the Urban Land Institute Executive Committee.

First American Financial Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023

Total revenues for the Title Insurance and Services segment during the third quarter were $1.5 billion, down 19 percent compared with the same quarter of 2022.

Key Points: 
  • Total revenues for the Title Insurance and Services segment during the third quarter were $1.5 billion, down 19 percent compared with the same quarter of 2022.
  • Investment income was $142 million in the third quarter, up $37 million, or 35 percent, compared with the same quarter last year.
  • Net investment losses totaled $16 million in the current quarter, compared with net investment losses of $67 million in the third quarter of 2022.
  • Personnel costs were $469 million in the third quarter, down $86 million, or 15 percent, compared with the same quarter of 2022.

Pioneer Title Company Taps Sekady for Secure Real Estate Payments Platform

Retrieved on: 
Thursday, October 5, 2023

MERIDIAN, Idaho, Oct. 5, 2023 /PRNewswire/ -- Sekady, a leader in fintech and software solutions in the Title Insurance & Escrow space, is pleased to announce a new partnership with Pioneer Title Company for secure real estate payments.

Key Points: 
  • MERIDIAN, Idaho, Oct. 5, 2023 /PRNewswire/ -- Sekady, a leader in fintech and software solutions in the Title Insurance & Escrow space, is pleased to announce a new partnership with Pioneer Title Company for secure real estate payments.
  • Sekady's new platform, called Tidal Money, is a payments platform providing options such as ACH, wires, and Real Time Payments for more efficient and secure real estate transactions.
  • Amid growing concern about the rising prevalence of fraud and wire schemes in the real estate industry, Sekady adheres to strict SOC-2 Certified protocols and organizational compliance.
  • "We are extremely excited about working with a forward-thinking company like Pioneer Title.

First American Financial Reports Second Quarter 2023 Results

Retrieved on: 
Thursday, July 27, 2023

Investment income was $142 million in the second quarter, up $73 million, or 105 percent, compared with the same quarter last year.

Key Points: 
  • Investment income was $142 million in the second quarter, up $73 million, or 105 percent, compared with the same quarter last year.
  • Net investment gains totaled $3 million in the current quarter, compared with net investment losses of $53 million in the second quarter of 2022.
  • Other operating expenses were $243 million in the second quarter, a decrease of $72 million, or 23 percent, compared with the second quarter of 2022.
  • Pretax income for the Title Insurance and Services segment was $186 million in the second quarter, compared with $241 million in the second quarter of 2022.

First American Financial Reports First Quarter 2023 Results

Retrieved on: 
Thursday, April 27, 2023

Total revenues for the Title Insurance and Services segment during the first quarter were $1.3 billion, down 32 percent compared with the same quarter of 2022.

Key Points: 
  • Total revenues for the Title Insurance and Services segment during the first quarter were $1.3 billion, down 32 percent compared with the same quarter of 2022.
  • Information and other revenues were $222 million during the quarter, down $80 million, or 26 percent compared with the same quarter of last year.
  • Investment income was $125 million in the first quarter, up $72 million from the same quarter last year.
  • Net investment gains totaled $7 million in the current quarter, compared with net investment gains of $30 million in the first quarter of 2022.

First American Financial Reports Results for the Fourth Quarter and Full Year of 2022

Retrieved on: 
Thursday, February 9, 2023

Investment income was $132 million in the fourth quarter, up $83 million from the same quarter last year.

Key Points: 
  • Investment income was $132 million in the fourth quarter, up $83 million from the same quarter last year.
  • Net investment losses totaled $60 million in the current quarter, compared with net investment gains of $26 million in the fourth quarter of 2021.
  • Other operating expenses were $250 million in the fourth quarter, a decrease of $87 million, or 26 percent, compared with the fourth quarter of 2021.
  • Pretax income for the Title Insurance and Services segment was $114 million in the fourth quarter, compared with $369 million in the fourth quarter of 2021.

ANDERSON, MCPHARLIN & CONNERS' VANESSA WIDENER NAMED AMONG TOP 100 LAWYERS IN LOS ANGELES

Retrieved on: 
Thursday, May 26, 2022

Key Points: 
  • LOS ANGELES, May 26, 2022 /PRNewswire/ --Los Angeles based law firm Anderson, McPharlin & Conners LLP announced today that Managing Partner Vanessa H. Widener has been recognized as a "Top 100 Lawyer" by the Los Angeles Business Journal.
  • According to the journal's publisher Josh Schimmels, the 100 lawyers selected "have demonstrated exceptional legal skill and achievements across the full spectrum of responsibility, exemplary leadership and contributions to the Los Angeles community at large."
  • Widener, one of the firm's managing partners, is a civil litigator based out of the firm's Los Angeles Office.
  • On a local level, Widener is also an active member of the Los Angeles County Bar Association, Title Insurance Subsection of the Real Property Section.

Curbio Announces Brokerage Partnership with LoKation® Real Estate

Retrieved on: 
Wednesday, April 13, 2022

POTOMAC, Md., April 13, 2022 /PRNewswire/ -- Curbio , the leading fix now, pay-at-closing pre-listing home improvement solution for real estate agents and their clients, today announced the addition of LoKation Real Estate to its brokerage partnerships program.

Key Points: 
  • POTOMAC, Md., April 13, 2022 /PRNewswire/ -- Curbio , the leading fix now, pay-at-closing pre-listing home improvement solution for real estate agents and their clients, today announced the addition of LoKation Real Estate to its brokerage partnerships program.
  • LoKation Real Estate is a tech-forward brokerage that is at the forefront of providing more opportunity, profitability, and support for real estate agents so they can maximize their potential.
  • LoKation Real Estate is a tech-forward brokerage that is at the forefront providing more opportunity, profitability, and support for Agents so they can maximize their potential.
  • Cloud-based technology and SmartSpaces for Agents, LoKation covers all aspects of buying and selling Real Estate, Mortgage, Title & Insurance services.

Proposed Properties Launches Lot Quality EKG Scorecard Model with Fidelity National Title for the Florida Market

Retrieved on: 
Wednesday, March 30, 2022

Florida continues to be a highly desirable market, driven by thousands of families moving into the state daily and a keen shortage of housing.

Key Points: 
  • Florida continues to be a highly desirable market, driven by thousands of families moving into the state daily and a keen shortage of housing.
  • Jesse Pittman, sales and marketing executive at Fidelity National Title, created a housing leadership series around market solutions.
  • Lot Quality EKG ScoreSM has been in use with both a large regional builder and several land investors.
  • The topic will be covered at upcoming Fidelity National Title events in Orlando and Tampa, Florida in April.