Fidelity National News

4Q Earnings Briefs: Trupanion, United Fire, FNF

Trupanion Trupanion Inc. (TRUP) reported fourth-quarter net income of $636,000, after reporting a loss in the same period a year earlier. The Seattle-based company said it had profit of 2 cents per share. The results surpassed Wall Street expectations. The …

Title Insurer Fidelity National to Acquire FGL Holdings

Fidelity National Financial Inc said on Friday it would acquire U.S. annuities and life insurance firm FGL Holdings Inc. in a deal valued at $2.7 billion, as it seeks to expand beyond its core title insurance business. Reuters reported on …

FTC Allows Fidelity National Acquisition of Lender Processing Firm

Fidelity National Financial Inc., the largest U.S. title insurer, won approval from U.S. antitrust regulators for its $2.9 billion acquisition of Lender Processing Services Inc. The Federal Trade Commission cleared the deal on condition that Fidelity National sell a copy …

Title Insurer Fidelity National Weighs Selling Assets

Fidelity National Financial Inc., the title insurer that also has restaurant businesses and an auto parts company, hired JPMorgan Chase & Co. to review possible divestitures of assets. The insurer will consider spinoffs and sales of “portfolio company investments,” Jacksonville, …

Want Fries With That Insurance Policy? Restaurants on Fidelity National’s Menu

A title insurance and mortgage services company that already owns a stake in the Bakers Square restaurant chain is buying the restaurant operator O’Charley’s Inc., the companies announced. Fidelity National Financial Inc., based in Jacksonville, Fla., already has an investment …

Fidelity National Sells Flood Insurance Business

Title insurer Fidelity National Financial Inc. has sold its flood insurance operations to WRM America Holdings LLC. Under the terms of the definitive agreement, WRM America of Uniondale, New York, will acquire 100 percent of the equity interests of Fidelity …

Fidelity National Seeks 27% Florida Homeowners Rate Hike

Jacksonville-based Fidelity National Property and Casualty Insurance Co., which covers some 12,000 homeowners in the state, is seeking a statewide average 27 percent rate increase. At a public rate hearing, Fidelity National Vice President John Giorgianni said the insurer needed …