v3.26.1
Segment Information (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The tables below summarize the result of operations by segment that are provided to the Chief Operating Decision Maker ("CODM"), who is the Company's Chief Executive Officer. The Company's primary methods of measuring profitability and performance on a reportable segment basis are Revenues and Net earnings from continuing operations, which are also measures used by the CODM to evaluate segment results and are factors in determining capital allocation among the segments.
Summarized financial information concerning our reportable segments is shown in the following tables. The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM.
As of and for the three months ended June 30, 2026:
TitleF&GCorporate and OtherEliminationTotal
(In millions)
Direct title insurance premiums 767 — — — 767 
Agency title insurance premiums 967 — — — 967 
Escrow, title related and other fees694 413 66 — 1,173 
Interest and investment income 86 718 35 (28)811 
Recognized gains and losses, net14 290 29 — 333 
Total segment revenues2,528 1,421 130 (28)4,051 
Significant segment expenses:
Personnel costs819 77 69 — 965 
Agent commissions749 — — — 749 
Other operating expenses 394 41 25 — 460 
Benefits and other changes in policy reserves— 1,149 — — 1,149 
      Total significant segment expenses1,962 1,267 94 — 3,323 
Other segment items:
Depreciation and amortization37 175 7 — 219 
Provision for title claim losses78 — — — 78 
Market risk benefit gains— 32 — — 32 
Interest expense— 41 20 — 61 
     Total other segment items 115 248 27 — 390 
      Total segment expenses2,077 1,515 121 — 3,713 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates451 (94)9 (28)338 
Income tax expense 92 (19)(10)— 63 
Earnings (loss) before equity in earnings of unconsolidated affiliates359 (75)19 (28)275 
Equity in earnings of unconsolidated affiliates1 — — — 1 
Net earnings (loss) from continuing operations$360 $(75)$19 $(28)$276 
Assets$8,522 $103,594 $2,412 $— $114,528 
Goodwill2,799 2,124 293 — 5,216 
As of and for the three months ended June 30, 2025:
TitleF&GCorporate and OtherEliminationTotal
(In millions)
Direct title insurance premiums632 — — — 632 
Agency title insurance premiums839 — — — 839 
Escrow, title related and other fees613 631 45 — 1,289 
Interest and investment income86 682 37 (28)777 
Recognized gains and losses, net43 51 4 — 98 
Total segment revenues2,213 1,364 86 (28)3,635 
Significant segment expenses:
Personnel costs749 77 41 — 867 
Agent commissions654 — — — 654 
Other operating expenses342 42 32 — 416 
Benefits and other changes in policy reserves— 993 — — 993 
     Total significant segment expenses1,745 1,112 73 — 2,930 
Other segment items:
Depreciation and amortization35 158 7 — 200 
Provision for title claim losses66 — — — 66 
Market risk benefit losses— (4)— — (4)
Interest expense— 41 20 — 61 
    Total other segment items101 195 27 — 323 
     Total segment expenses1,846 1,307 100 — 3,253 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates367 57 (14)(28)382 
Income tax expense (benefit)93 15 (10)— 98 
Earnings (loss) before equity in earnings of unconsolidated affiliates274 42 (4)(28)284 
Equity in earnings of unconsolidated affiliates9 — — — 9 
Net earnings (loss) from continuing operations$283 $42 $(4)$(28)$293 
Assets$8,022 $91,819 $2,490 $— $102,331 
Goodwill2,800 2,179 293 — 5,272 
As of and for the six months ended June 30, 2026:
TitleF&GCorporate and OtherEliminationTotal
(In millions)
Direct title insurance premiums 1,350 — — — 1,350 
Agency title insurance premiums 1,755 — — — 1,755 
Escrow, title related and other fees1,282 909 93 — 2,284 
Interest and investment income 177 1,441 71 (56)1,633 
Recognized gains and losses, net(32)258 29 — 255 
Total segment revenues4,532 2,608 193 (56)7,277 
Significant segment expenses:
Personnel costs1,567 137 88 — 1,792 
Agent commissions1,357 — — — 1,357 
Other operating expenses 734 74 50 — 858 
Benefits and other changes in policy reserves— 1,633 — — 1,633 
      Total significant segment expenses3,658 1,844 138 — 5,640 
Other segment items:
Depreciation and amortization72 348 14 — 434 
Provision for title claim losses140 — — — 140 
Market risk benefit losses— 105 — — 105 
Interest expense— 82 40 — 122 
     Total other segment items 212 535 54 — 801 
      Total segment expenses3,870 2,379 192 — 6,441 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates662 229 1 (56)836 
Income tax expense (benefit)161 55 22 — 238 
Earnings (loss) before equity in earnings of unconsolidated affiliates501 174 (21)(56)598 
Equity in earnings of unconsolidated affiliates(1)— — — (1)
Net earnings (loss) from continuing operations$500 $174 $(21)$(56)$597 
Assets$8,522 $103,594 $2,412 $— $114,528 
Goodwill2,799 2,124 293 — 5,216 
As of and for the six months ended June 30, 2025:
TitleF&GCorporate and OtherEliminationTotal
(In millions)
Direct title insurance premiums 1,142 — — — 1,142 
Agency title insurance premiums 1,520 — — — 1,520 
Escrow, title related and other fees1,138 1,136 80 — 2,354 
Interest and investment income 169 1,348 76 (56)1,537 
Recognized gains and losses, net18 (212)5 — (189)
Total segment revenues3,987 2,272 161 (56)6,364 
Significant segment expenses:
Personnel costs1,421 144 72 — 1,637 
Agent commissions1,182 — — — 1,182 
Other operating expenses 655 83 55 — 793 
Benefits and other changes in policy reserves— 1,517 — — 1,517 
      Total significant segment expenses3,258 1,744 127 — 5,129 
Other segment items:
Depreciation and amortization71 311 14 — 396 
Provision for title claim losses120 — — — 120 
Market risk benefit losses— 105 — — 105 
Interest expense— 81 40 — 121 
     Total other segment items 191 497 54 — 742 
      Total segment expenses3,449 2,241 181 — 5,871 
Earnings (loss) before income taxes and equity in earnings of unconsolidated affiliates538 31 (20)(56)493 
Income tax expense (benefit)135 10 (18)— 127 
Earnings (loss) before equity in earnings of unconsolidated affiliates403 21 (2)(56)366 
Equity in earnings of unconsolidated affiliates10 — — — 10 
Net earnings (loss) from continuing operations$413 $21 $(2)$(56)$376 
Assets$8,022 $91,819 $2,490 $— $102,331 
Goodwill2,800 2,179 293 — 5,272