AM Best Affirms Credit Ratings of First American Title Insurance Group Members and First American Financial Corporation
First American Corporation (New) (FAF)
Last first american corporation (new) earnings: 4/23 06:45 am
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Company Research
Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a” (Excellent) of First American Title Insurance Company (Omaha, NE) and its title affiliates, which are referred to as First American Title Insurance Group (FATIG). In addition, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of the parent holding company, First American Financial Corporation (FAF) (Delaware) [NYSE: FAF]. The outlook of these Credit Ratings (ratings) is stable. (See below for a detailed listing of the companies and ratings.)The ratings reflect FATIG’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).FATIG’s strongest balance sheet strength is supported by its risk-adjusted capitalization at the strongest level, as measured by Best’s Capital Adequacy Ratio (BCAR)
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News
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- Los Angeles-Long Beach-Glendale Home Prices Up 0.6% Year Over Year in October, According to First American Data & Analytics Monthly Home Price Index ReportBusiness Wire
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- Houston-The Woodlands-Sugar Land Home Prices Up 2.4% Year Over Year in October, According to First American Data & Analytics Monthly Home Price Index ReportBusiness Wire
FAF
Earnings
- 10/23/24 - Beat
FAF
Sec Filings
- 11/14/24 - Form SC
- 11/12/24 - Form 13F-HR
- 11/12/24 - Form SC
- FAF's page on the SEC website