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Showing posts from March 29, 2009

Old Republic's Title Insurance Subsidiary Expands Reinsurance Assumed Relationship With Attorneys' Title Insurance Fund, Inc.

Old Republic International Corporation (NYSE: ORI), today, Old Republic National Title Insurance Company (Old Republic) and Attorneys' Title Insurance Fund, Inc., (The Fund) announced an amendment of their long-standing Reinsurance Agreement. The Agreement provides for the issuance of an Old Republic Reinsurance Assumption Certificate to be issued automatically with all Fund policies issued on or after March 26, 2009. As an organization of 6000 real estate attorney members, The Fund's mission to protect the public in real estate transactions is more relevant than ever. In the face of challenges to the entire title insurance industry, The Fund is strengthening its Reinsurance Agreement with Old Republic to ensure that protection. For the latest five year period the Fund's annual title premium production has averaged approximately $385 million. About Old Republic Chicago-based Old Republic International Corporation is an insurance holding company whose subsidiaries market…