First American Financial Corp. News

Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings

Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the insurer revealed a more recent cybersecurity incident. …

Title Insurer First American to Exit P/C Insurance with Transfers to Safeco, Heritage

Title insurer First American Financial Corp. reported recently that its property/casualty insurance subsidiaries have entered into book transfer agreements with Safeco Insurance and Heritage Insurance Holdings. The agreements are the result of the initiation of a process by the company, …

Supreme Court to Decide Whether Harm Needed in Kickback Suits

In a dispute pitting big business against consumer groups, the U.S. Supreme Court hears arguments Monday on whether a person has to suffer legal harm to sue a company over an alleged kickback it got. Cleveland home buyer Denise Edwards …