Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Schedule of Selected Financial Information

Selected financial information about the Company’s operations, by segment, is as follows:

For the three months ended September 30, 2022:

(in millions)	Revenues			Income (loss) before income taxes			Depreciation and amortization		Capital expenditures
Title Insurance and Services	$	1,883		$	186		$	40	$	69
Specialty Insurance		105			(6	)		1		1
Corporate and eliminations		(164	)		(183	)		—		—
	$	1,824		$	(3	)	$	41	$	70

(in millions)	Direct premiums and escrow fees		Agent premiums		Information and other		Net investment income			Net investment gains (losses)			Total Revenues
Title Insurance and Services	$	656	$	910	$	279	$	105		$	(67	)	$	1,883
Specialty Insurance		102		—		3		2			(2	)		105
Corporate and eliminations		—		—		—		(7	)		(157	)		(164	)
	$	758	$	910	$	282	$	100		$	(226	)	$	1,824

For the three months ended September 30, 2021:

(in millions)	Revenues		Income (loss) before income taxes			Depreciation and amortization		Capital expenditures
Title Insurance and Services	$	2,145	$	351		$	37	$	45
Specialty Insurance		133		(1	)		2		—
Corporate and eliminations		278		254			—		—
	$	2,556	$	604		$	39	$	45

(in millions)	Direct premiums and escrow fees		Agent premiums		Information and other		Net investment income		Net investment gains (losses)			Total Revenues
Title Insurance and Services	$	793	$	999	$	306	$	49	$	(2	)	$	2,145
Specialty Insurance		128		—		3		2		—			133
Corporate and eliminations		—		—		—		—		278			278
	$	921	$	999	$	309	$	51	$	276		$	2,556

For the nine months ended September 30, 2022:

(in millions)	Revenues			Income (loss) before income taxes			Depreciation and amortization		Capital expenditures
Title Insurance and Services	$	5,933		$	644		$	120	$	192
Specialty Insurance		324			11			4		2
Corporate and eliminations		(337	)		(387	)		—		—
	$	5,920		$	268		$	124	$	194

(in millions)	Direct premiums and escrow fees		Agent premiums		Information and other		Net investment income			Net investment gains (losses)			Total Revenues
Title Insurance and Services	$	2,115	$	2,795	$	886	$	227		$	(90	)	$	5,933
Specialty Insurance		314		—		13		4			(7	)		324
Corporate and eliminations		—		—		—		(32	)		(305	)		(337	)
	$	2,429	$	2,795	$	899	$	199		$	(402	)	$	5,920

For the nine months ended September 30, 2021:

(in millions)	Revenues		Income (loss) before income taxes		Depreciation and amortization		Capital expenditures
Title Insurance and Services	$	6,053	$	989	$	113	$	112
Specialty Insurance		421		25		5		2
Corporate and eliminations		374		295		—		—
	$	6,848	$	1,309	$	118	$	114

(in millions)	Direct premiums and escrow fees		Agent premiums		Information and other			Net investment income		Net investment gains (losses)		Total Revenues
Title Insurance and Services	$	2,238	$	2,749	$	881		$	139	$	46	$	6,053
Specialty Insurance		386		—		10			6		19		421
Corporate and eliminations		—		—		(1	)		11		364		374
	$	2,624	$	2,749	$	890		$	156	$	429	$	6,848