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Home > Property Insurance Coverage > Home Owners Insurance > First American Title Insurance Company
First American Title Insurance Company
First American's evolution from a one-county abstract company to a diversified, international information services provider is truly a success story. The corporation traces its roots to 1889. In 1968, the company was restructured into a general holding company, The First American Financial Corporation, which conducted its title operations through First American Title Insurance Company and its subsidiaries, and a trust business through First American Trust Company. First American Title continued growing. Existing title and abstract companies were purchased. New offices were established. Agency contracts were negotiated. In a well-planned and executed expansion program, First American Title built an organization that, by 1982, served every region of the country.
The company's philosophy of providing the services its customers need and providing them where and how they need them has led the company to expand in both reach and scope. Title services are now available throughout the United States and in 10 additional countries, and the company introduced the first standardized international title policy in early 1999. Also within the title insurance segment are groups that specialize in large, complex, commercial and industrial transactions in centralized services for lenders providing home equity loans and refinancing in safe, timely tax-deferred exchanges and in the complexities of subdivision housing and development. But by far the biggest changes to the company have been a direct result of its decision to provide non-title services to its customers, and the resulting developments.
First American is one of the nation's leading, most experienced providers of title insurance, and number one in global title operations. This segment's businesses utilize information to protect real property buyers and lenders from problems that might affect title ownership. Through nearly 1,200 offices and thousands of agents in the United States and abroad, the company offers a wide variety of title insurance and associated closing and escrow services. Coverage is provided on residential and commercial properties, personal property collateral, aircraft, nautical vessels, and more.
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