Investors Title Company (ITIC)
NASDAQ: ITIC · IEX Real-Time Price · USD
156.72
-0.91 (-0.58%)
Apr 17, 2024, 4:30 PM EDT - Market closed

Company Description

Investors Title Company engages in the issuance of residential and commercial title insurance for residential, institutional, commercial, and industrial properties.

The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies.

It offers services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property.

In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property.

Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency.

It issues title insurance policies directly and through a network of agents in 22 states and the District of Columbia, primarily in the eastern half of the United States.

Investors Title Company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.

Investors Title Company
Investors Title Company logo
Country United States
Founded 1972
Industry Insurance - Specialty
Sector Financials
Employees 545
CEO James Allen Fine

Contact Details

Address:
121 N Columbia St, P O Drawer 2687
Chapel Hill, North Carolina 27514
United States
Phone (919) 968-2200
Website invtitle.com

Stock Details

Ticker Symbol ITIC
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000720858
CUSIP Number 461804106
ISIN Number US4618041069
Employer ID 56-1110199
SIC Code 6361

Key Executives

Name Position
James Allen Fine Founder, Chairman and Chief Executive Officer
James Allen Fine Jr. President, Treasurer, Chief Financial Officer, Chief Accounting Officer and Director
William Morris Fine President, Chief Operating Officer, Secretary and Director
L. Dawn Martin Vice President of Corporate Administration and Investor Relations Officer and Assistant Secretary
John Herath Vice President of Human Resources
Brandee Garren Vice President of Underwriting and Operations Support
C. Todd Murphy Senior Vice President of Finance
Kimberly McRae Wells Senior Vice President of Southeast Region Marketing and Operations Manager
Daniel Warren Minto Senior Vice President of Engineering and Information Technology
Thomas Keller Berry Executive Vice President of Market Development

Latest SEC Filings

Date Type Title
Apr 12, 2024 ARS Filing
Apr 12, 2024 DEF 14A Other definitive proxy statements
Mar 15, 2024 10-K Annual Report
Feb 13, 2024 8-K Current Report
Jan 29, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 8, 2023 10-Q Quarterly Report
Nov 2, 2023 8-K Current Report
Aug 9, 2023 10-Q Quarterly Report
Aug 7, 2023 8-K Current Report
May 18, 2023 8-K Current Report