v3.26.1
Retirement Agreements And Other Postretirement Benefits
3 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
Retirement Agreements And Other Postretirement Benefits Retirement Agreements and Other Postretirement Benefits
The Company’s subsidiary, Investors Title Insurance Company ("ITIC"), is a party to employment agreements with key executives that provide for the continuation of certain employee benefits and other payments due under the agreements upon retirement, estimated to total $15.7 million and $15.6 million as of March 31, 2026 and December 31, 2025, respectively. The executive employee benefits include health, dental, vision and life insurance and are unfunded. These amounts are classified as accounts payable and accrued liabilities in the unaudited Consolidated Balance Sheets. The following sets forth the net periodic benefit cost for the executive benefits for the periods ended March 31, 2026 and 2025:
Three Months Ended
March 31,
 (in thousands)20262025
Service cost – benefits earned during the year$ $— 
Interest cost on the projected benefit obligation10 
Amortization of unrecognized gain 134 — 
Net periodic benefit cost$144 $