Fidelity National picks up Hawaiian title insurer
Fidelity National Financial has taken a majority stake in Title
Guaranty of Hawaii, extending its reach in the US real estate
market.
Fidelity is already the country's largest provider of title
insurance, which protects a policyholders' ownership stake in a
property.
Title Guaranty's website says it provides cover for
"all real property transactions" including residential,
commercial, resort, land and development.
Fidelity will take a majority stake in the firm with the
newly-acquired insurer's
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