Chicago Title: 162 and Beyond- A History of Chicago Title Insurance Company Part 5 of 5

I am reposting this blog done by Theresa Bolin- Alberico a Senioer Escrow officer in our Gilber Branch

162 YEARS AND BEYOND!
This is part 5 of a 5 part series on the History of Chicago Title Insurance Company

Chicago Title and Trust Company dates back more than 162 years through the succession of several firms and corporations that were engaged in the abstract and title business in Cook County, Illinois.

Into the Future
Chicago Title Corporation achieved a major milestone in August 1999 when it signed a definitive agreement to merge with Fidelity Natioanl Financial, Inc., creating the preeminent company in the title insurance industry. The historic merger was finalized on March 20, 2000.

The strategic rationale for this merger was one of superlatives. Fidelity and Chicago Title have nationally recognized and respected brand names, a history of quality service, and excellent financial performance. the combined organization is the largest in the industry in terms of revenues, profits, market share, assets and claims-paying reserves. Futhermore, the combined company is the largest title insurer and provider of real estate-related products and services in the world; distinguished by an unsurpassed distribution system, leading market share in excess of 30% (46+% as of 2008 with the acquisition of Commonwealth, Lawyers and United), geographic diversiy, complementary business mixes and the strongest financial position in the industry.

We look forward to the journey ahead and the next 162 Years!

Theresa Bolin-Alberico
Senior Escrow Officer
Chicago Title Insurance Company- Gilbert, AZ
480.539.6854