Summary of Reserve for Claim Loss (Details) - USD ($) $ in Millions |
12 Months Ended | |||
---|---|---|---|---|
Jan. 02, 2014 |
Dec. 31, 2015 |
Dec. 31, 2014 |
Dec. 31, 2013 |
|
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward] | ||||
Reserve for claim losses, beginning balance | $ 1,621 | $ 1,636 | $ 1,748 | |
Reserve assumed, net | 0 | 52 | 0 | |
Reinsurance recoverable | 1 | 7 | 0 | |
Claim loss provision related to: | ||||
Current year | 224 | 202 | 220 | |
Prior years | 22 | 26 | 71 | |
Total title claim loss provision | 246 | 228 | 291 | |
Claims paid, net of recoupments related to: | ||||
Current year | (7) | (5) | (9) | |
Prior years | (278) | (297) | (394) | |
Total title claims paid, net of recoupments | (285) | (302) | (403) | |
Reserve for claim losses, ending balance | $ 1,583 | $ 1,621 | $ 1,636 | |
Provision for title insurance claim losses as a percentage of title insurance premiums | 5.70% | 6.20% | 7.00% | |
Reserves, disposals | $ 2 | |||
LPS Acquisition | ||||
Claims paid, net of recoupments related to: | ||||
Reserves, business acquisition | $ 54 |
X | ||||||||||
- Definition Liability For Unpaid Claims And Claims Adjustment Expense, Business Acquisitions, Net, Disposals No definition available.
|
X | ||||||||||
- Definition Liability For Unpaid Claims And Claims Adjustment Expense, Disposals No definition available.
|
X | ||||||||||
- Definition Provision For Title Insurance Claims on Current Year Policies No definition available.
|
X | ||||||||||
- Definition The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of increase (decrease) in the cost of settling unpaid claims after deduction of reinsurance recoveries related to the acquisition of a business. Includes, but is not limited to, claims which have been incurred but not reported. No definition available.
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition Amount of payments to settle claims incurred in the current period and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of payments to settle claims incurred in prior periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expense for claims incurred and costs incurred in the claim settlement process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- References No definition available.
|
X | ||||||||||
- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
|
X | ||||||||||
- Definition Amount of payments to settle insured claims and pay costs incurred in the claims settlement process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount after valuation allowance recoverable under reinsurance contracts for claims and claims adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expense for claims incurred in the current reporting period and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Definition Amount of expense (reversal of expense) for claims incurred in prior reporting periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
X | ||||||||||
- Details
|