Fidelity National Financial
From Wikipedia, the free encyclopedia
| Fidelity National Financial | |
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| Type | Public (NYSE: FNF) |
| Founded | 1847 |
| Headquarters | Jacksonville, Florida |
| Key people | William P. Foley, II - Chairman of the Board Al Stinson - President and CEO/COO Anthony J. Park - CFO |
| Industry | Financial Sector |
| Products | Title insurance, Property insurance & Casualty insurance, Real estate solutions/MLS, Claims & Productivity Management |
| Revenue | ▲$6.316 billion USD (2005) |
| Net income | ▲$539 million USD (2005) |
| Employees | 19,500 |
| Website | http://www.fnf.com/ |
Fidelity National Financial Incorporated (FNF) , headquartered in Jacksonville, Florida, USA (formerly in Santa Barbara, CA), is a Fortune 500 company. The company is a provider of products, services and solutions in the American economy’s segments of real estate and financial services, with principal activities in the fields of title insurance and real estate related services.
Fidelity National Financial, Inc. (NYSE: FNF), number 264 on the Fortune 500, is a provider of title insurance, specialty insurance and claims management services. The company comprises three primary subsidiaries: Fidelity National Title Group, Inc. and Fidelity National Property and Casualty Insurance Group, both wholly owned subsidiaries of FNF, as well as Sedgwick CMS, a minority-owned subsidiary.
Fidelity National Title Group, Inc. (FNTG) is one of the nation’s largest title insurance companies and includes five title insurance underwriters: Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title. Together, the FNTG family of companies underwrites approximately 29 percent of the residential and commercial transactions in this country. ServiceLink, a provider of centralized title and closing services to national lenders, is also an important part of FNTG.
Fidelity National Property and Casualty Insurance Group is a nationwide provider of a broad range of personal insurance products, including homeowners, flood, auto and umbrella insurance coverage.
Fidelity National Real Estate Solutions provides brokers, MLS providers, agents, lenders, mortgage providers, service providers and other real estate professionals with world-class technology, services and information. (FNRES)is also the leading provider of data and services to the Multiple Listing Services (MLS) industry.
Sedgwick CMS is a North American provider of claims and productivity management solutions. Sedgwick CMS and its affiliated companies deliver claims administration, managed care, program management, risk consulting and related services to clients through the expertise of 6,000 colleagues in more than a hundred offices in the U.S. and Canada. The company specializes in workers’ compensation; disability, FMLA and other employee absence; and general, automobile and professional liability claims services.
[edit] Early history
FNF traces its origin to 1847-48, when it was known as Fidelity National and Chicago Title, with V. Gillespie in California and Edward Rucker in Illinois at the helm of company’s affairs. During the Great Chicago Fire of 1871, three companies, which had preceded Fidelity National and Chicago Title, could save several land records, which became the base for Cook County’s land records. Another associated company, the Title Guarantee and Trust Company, later renamed as Chicago Title and Trust (CT&T), had the distinction of issuing the first guarantee policy in Illinois.
