Demotech Affirms Financial Stability Ratings® Assigned to National Title Underwriters

Sep 13, 2011, 06:15 ET from Demotech, Inc.

COLUMBUS, Ohio, Sept. 13, 2011 /PRNewswire/ -- Based on its review of the second quarter 2011 statutory financial statements, Demotech, Inc. has affirmed the Financial Stability Ratings® (FSRs) assigned to the companies within the Chicago/Fidelity Group, the First American Group, the Old Republic Group and the Stewart Group.

Companies in the Chicago/Fidelity Group having FSRs affirmed:  

  • The FSR of A′ (A Prime), Unsurpassed, assigned to Alamo Title Insurance has been affirmed.
  • The FSR of A′′ (A Double Prime), Unsurpassed, assigned to Chicago Title Insurance Company has been affirmed.
  • The FSR of A, Exceptional, assigned to Commonwealth Land Title Insurance Company has been affirmed.
  • The FSR of A′ (A Prime), Unsurpassed, assigned to Fidelity National Title Insurance Company has been affirmed.

Companies in the First American Group having FSRs affirmed:  

  • The FSR of A′ (A Prime), Unsurpassed, assigned to First American Title Insurance Company has been affirmed.
  • The FSR of A, Exceptional, assigned to First American Title Insurance Company of Louisiana has been affirmed.
  • The FSR of A, Exceptional, assigned to Ohio Bar Title Insurance Company has been affirmed.

Companies in the Old Republic Group having FSRs affirmed:  

  • The FSR of A′′ (A Double Prime), Unsurpassed, assigned to American Guaranty Title Insurance Company has been affirmed.
  • The FSR of A′′ (A Double Prime), Unsurpassed, assigned to Mississippi Valley Title Insurance Company has been affirmed.
  • The FSR of A′′ (A Double Prime), Unsurpassed, assigned to Old Republic National Title Insurance Company has been affirmed.

Companies in the Stewart Group having FSRs affirmed:  

  • The FSR of A′′ (A Double Prime), Unsurpassed, assigned to Stewart Title Guaranty Company has been affirmed.
  • The FSR of A′ (A Prime), Unsurpassed, assigned to Stewart Title Insurance Company has been affirmed.

FSRs summarize Demotech's opinion of the financial stability of a Title underwriter regardless of general economic conditions or the phase of the underwriting cycle.  FSRs utilize statutory financial data based on insurance accounting principles prescribed or permitted by the National Association of Insurance Commissioners (NAIC).  Since 1992, Demotech has reviewed the financial stability of Title underwriters and published independent opinions of underwriter financial strength.

Visit www.demotech.com for more information.

SOURCE Demotech, Inc.



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