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Fidelity National Financial, Inc. (NYSE: FNF), is an American provider of title insurance and settlement services to the real estate and mortgage industries. A Fortune 500 company, [ 1 ] Fidelity National Financial generated approximately $8.469 billion in annual revenue in 2019 from its title and real estate-related operations.
LandAmerica Financial Group, Inc. was the third largest title insurance group in the US. It was incorporated in 1991 as Lawyers Title Corporation, and renamed LandAmerica after Lawyers Title acquired Commonwealth Land Title Insurance Company and Transnation Title Insurance Company in 1998. It was headquartered in Glen Allen, Virginia.
In November 2015, Fidelity announced an agreement to sell the company to the Chinese insurance firm Anbang Insurance for a fee of around $1.57 billion. [18] But the deal was terminated and the company was sold to CF Corp in 2017. [ 19 ]
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The company was founded in Little Rock in 1968 as Systematics, which was later acquired by ALLTEL Information Services as its Financial Services division. Alltell then sold this division to title insurance giant Fidelity National Financial in 2003, who renamed it Fidelity Information Services (FIS). [5]
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2.2 First American Title Insurance and Trust Company (1960–1968) 2.3 The First American Financial Corporation (1968–2000) 2.4 The First American Corporation (2000–2010)