Title insurers ride US mortgage demand to 2016 gains

Property title insurers had a good year in 2016, with the four
largest carriers reporting an aggregate operating profit margin of
11 percent, according to Fitch Ratings.
Summing up 2016 results for the four largest carriers, Fidelity
National Financial, First American Financial, Old Republic
International and Stewart Information Services, Fitch said they
collectively posted a 20 percent gain in profits on a 7 percent
rise in revenue.
Title insurance, routinely required by US mortgage lenders,
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