Fidelity National Financial

Provides title insurance and financial services.

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Headquarters:
601 Riverside Avenue
Jacksonville, FL 32204
Employees: 14,278
CEO: William Foley
Stock Symbol: FNF

Website: http://www.fnf.com

Career Site

Fidelity National Financial is a leading provider of title insurance, specialty insurance and claims management services. Nationally recognized as one of the best managed and most admired companies in the country, FNF’s business divisions include:

Fidelity National Title Group (FNTG) is one of the nation’s largest and most respected title insurance and escrow companies. The five title insurance underwriters that comprise FNTG – Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title – currently issue residential and commercial title insurance policies throughout the United States and offer extensive expertise for global real estate transactions. The FNTG family of companies also includes ServiceLink, a leading provider of centralized title and closing services to national lenders.

Fidelity National Property and Casualty Insurance Group is a nationwide provider of personal insurance products, including residential property, auto, flood and umbrella insurance. Get competitive rates and a guaranteed quote and policy by phone in as little as five minutes.

Fidelity National Real Estate Solutions (FNRES) empowers brokers, MLS providers, agents, lenders, mortgage providers, service providers and other real estate professionals with world-class technology, services and information.

FNF is a leading information services company in the human resources, retail and transportation markets through Ceridian Corporation, another minority-owned subsidiary.

The company acquired this year two principal title insurance underwriters, Commonwealth Land Title Insurance Company and Lawyers Title Insurance Corporation.

In 2007, the company reported revenue of $5.52 billion and net income of $129.7 million.

History

1847-1848 - Chicago Title traces its roots to 1847, when a young law clerk named Edward Rucker develops a system of tracking every recorded instrument and legal proceeding affecting real estate titles, which saves attorneys the painstaking task of searching official records for transfers of real property. In 1848, a notary public and searcher of records in San Francisco named C.V. Gillespie launches the company that will eventually become Fidelity National Title Insurance.
1871 - Employees of three predecessor companies of Chicago Title risk their lives to save land records from the Great Chicago Fire. When the blaze destroys the Cook County, Illinois' land records, the title companies' preserved records become the basis for Cook County's land record system.
1888 - The Title Guarantee and Trust Company (later Chicago Title and Trust ­ CT&T) issues the first guarantee policy in Illinois.
1906 - During the devastating San Francisco earthquake and fire, employees of the predecessor company to Fidelity National Title and their wives save the title plant and other important company records. The documents become a valuable resource when San Francisco's City Hall and the Hall of Records are destroyed in the disaster.
1961 - Fidelity National Title Insurance Company (FNTIC), a Nebraska corporation, receives a certificate of authority to begin doing business in Nebraska.
Chicago Title Insurance Company is formed and chartered to conduct national business.
1981 - With Arizona agency operations in Maricopa and Pima Counties, FNTIC is purchased from CIGNA, and FNTIC's corporate offices are moved from Denver to Scottsdale, Arizona. At the time, FNTIC is the country's 48th largest title insurance company with $6.2 million in annual revenue.
1987 - Fidelity begins trading on the American Stock Exchange under the symbol FNF.
Fidelity acquires Western Title Insurance Company.
1992 - Fidelity begins trading on the New York Stock Exchange under the symbol FNF.
Fidelity acquires Meridian Title Insurance Company as well as Security Title and Guarantee Company, expanding Fidelity's direct operations base to include Florida, Michigan, Missouri, New Jersey, New York, North Carolina and Pennsylvania.
1994 - Fidelity acquires ACS Systems Inc., a computer software development company, to enhance FNTIC's electronic data interchange through the development and marketing of its trust, escrow and title-related software.
1996 - The acquisition of Nations Title Inc., the eighth largest underwriter in the United States, makes FNTIC the fourth largest title underwriter in the country and doubles its existing agency base.
1997 - Fidelity acquires First Title Corporation, a title company with offices throughout the southeastern United States.
2000 - Fidelity completes its acquisition of Chicago Title Corporation and its title insurance subsidiaries: Chicago Title, Ticor Title and Security Union. The combined companies make Fidelity the largest title insurance organization in the world.
2003 - FNF acquires Lender's Service, Inc. (LSI), a leading national provider of appraisal, title and closing services to residential mortgage originators.

Updated January 1, 2009