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