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Segment Information
12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one reportable segment, title insurance services. The remaining immaterial segments have been combined into a group called “All Other.”

The title insurance segment primarily issues title insurance policies through approved attorneys from underwriting offices and through independent issuing agents. Title insurance policies insure titles to real estate.

Provided below is selected financial information about the Company’s operations by segment for the periods ended December 31, 2021 and 2020:
2021 (in thousands)Title
Insurance
All
Other
Intersegment
Eliminations
Total
Insurance and other services revenues$305,615 $14,821 $(18,434)$302,002 
Investment income21,460 4,167  25,627 
Net realized gain on investments779 1,090  1,869 
Total revenues$327,854 $20,078 $(18,434)$329,498 
Operating expenses247,018 10,131 (12,583)244,566 
Income before income taxes$80,836 $9,947 $(5,851)$84,932 
Total assets$279,597 $51,891 $ $331,488 
2020 (in thousands)Title
Insurance
All
Other
Intersegment
Eliminations
Total
Insurance and other services revenues$225,781 $9,606 $(12,332)$223,055 
Investment income11,622 1,398 — 13,020 
Net realized gain (loss) on investments334 (1)— 333 
Total revenues$237,737 $11,003 $(12,332)$236,408 
Operating expenses185,026 9,095 (7,374)186,747 
Income before income taxes$52,711 $1,908 $(4,958)$49,661 
Total assets$225,974 $56,951 $— $282,925