TITLE

Pretax Net Up, Fidelity National Plans More Deals

AUTHOR(S)
Wolfe, Daniel
PUB. DATE
February 2006
SOURCE
American Banker;2/10/2006, Vol. 171 Issue 28, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents information about the fourth-quarter report of Fidelity National Financial Inc., a provider of title insurance and financial technology. Full-year earnings were up, and the company said it expects to buy companies and increase its stake in some. Fidelity National's revenue was boosted last year by processing hurricane flood claims, and though most of that work is complete, it expects about $15 million in revenue in the current quarter from flood claims.
ACCESSION #
19757440

 

Related Articles

  • Fidelity Taking Step Toward Spin Off of Title Insurance Division. Finkelstein, Bradley // Mortgage Servicing News;Jul2005, Vol. 9 Issue 6, p20 

    The article reports on Fidelity National Financial Inc.'s (FNF) plan to offer 17.5% of a new Title Holding Co. (THC) to its current stockholders. FNF will retain the remaining portion of THC. As part of the transaction, THC will be borrowing $500 million to pay a dividend to FNF prior to the...

  • Steep Decline. Mueller, Mark // Orange County Business Journal;3/5/2007, Vol. 30 Issue 10, p40 

    The article focuses on the condition of title insurers in Orange County, California in 2006. The period saw another steep decline in the volume of transactions for the largest title insurers. Number of transactions decreased 20 percent to 164,259 in 2006. This performance was attributed to the...

  • Title Tie-Up. Shenn, Jody; Bergquist, Erick // American Banker;3/30/2006, Vol. 171 Issue 61, p7 

    This article looks at some mergers and acquisitions in the title insurance and real estate services industries. LandAmerica Financial Group Inc. plans to buy Capital Title Group Inc. The deal will increase LandAmerica's earnings and cut its expenses. Al Stinson of Fidelity National Financial...

  • Fidelity Executives Predict Title Shakeout.  // National Mortgage News;1/7/2002, Vol. 26 Issue 15, p12 

    Reports on predictions for the title business in 2002 in the United States made by executives at Fidelity National Financial Inc. Anticipation that lenders will turn to title companies to function more as information services and expediters of closings; Projected increase in the use of bundled...

  • Fidelity National Tech Profit Up. Bills, Steve // American Banker;7/23/2004, Vol. 169 Issue 141, p9 

    Announces that pretax profits of Fidelity National Financial Inc.'s bank technology operations jumped significantly in the second quarter of 2004 compared to a year earlier. Failure of the profit increase to offset a drop in the company's main business, title insurance; Profile of the company...

  • THE COMMON AREA.  // SCTWeek;8/30/2013, Vol. 18 Issue 35, p7 

    The article reports that according to the American Land Title Association title insurance premium in the U.S. grew by 20.6 percent in the second quarter of 2013. It highlights that the states which have produced highest premiums are California, Texas and Florida. It mentions that states which...

  • Guard Your Investment: Purchase Title Insurance to Protect Your American Dream.  // Insurance Broadcasting;5/2/2013, p1 

    The article informs that the organization American Land Title Association (ALTA) reminded consumers of the importance of purchasing title insurance as thousands of Americans participate in the spring home buying season. According to Frank Pellegrini, president at ALTA, problems with the title of...

  • California Regulators Approve Reduction in Title Insurance Cost.  // Mortgage Servicing News;Mar2003, Vol. 7 Issue 2, p30 

    Reports on the announcement made by the California Land Title Association that state insurance regulators had approved pricing for title insurance products that will reduce the premiums of a policy for home equity line transactions. Rate of the premium reduction.

  • Fidelity National Financial, Inc SWOT Analysis.  // Fidelity National Financial, Inc SWOT Analysis;2006, p1 

    A company profile of Fidelity National Financial inc., which operates in the title insurance business, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. A SWOT analysis is provided which includes strengths,...

Share

Other Topics