: Rande Yeager,
Chairman & CEO, ORTIG; and Mark Bilbrey, President, ORTIG
Date: May 21, 2013
Named to Fortune 500 List
We are pleased to announce that our
parent Company, Old Republic International Corporation (NYSE: ORI), has
been named to the 2013 Fortune 500 list. Since 1955, Fortune
magazine has compiled and published a list which ranks the top 500
publicly- and privately-held companies in the United States, as ranked by
their gross revenue. We wish to thank our valued agents for their support
in helping us to achieve this important distinction!
Founded in 1923, Chicago-based ORI is
an insurance holding company whose subsidiaries market, underwrite and
provide risk management services for a wide variety of coverage
categories, primarily in the property and liability, mortgage guaranty,
and title insurance fields. One of the nation’s 50 largest publicly held
insurance organizations, ORI’s mission is to provide quality insurance
security and related services to businesses, individuals and public
institutions, and to be a dependable long-term steward of the trust its
shareholders place in the Company. As of March 31, 2013; ORI has assets
of approximately $16.41 billion and common shareholders’ equity of $3.67
billion. To learn more about ORI, please visit www.oldrepublic.com.
The Old Republic Title Insurance Group
(ORTIG), which is a wholly-owned subsidiary of ORI; is comprised of Old
Republic National Title Insurance Company, American Guaranty Title
Insurance Company and Mississippi Valley Title Insurance Company.
Operating in 49 states, the District of Columbia, and Puerto Rico through
a network of Company-owned offices, subsidiaries, authorized agents and
approved attorneys; the ORTIG is proud to be one of the nation’s largest
title insurance groups.
As an organization, the ORTIG is
committed to being the most financially stable title insurance group in
the industry. Since 1992, the ORTIG has been the highest overall rated
title insurance group in the nation. No group has equaled the ORTIG’s
consistently high ratings. These ratings reflect the Group’s
consolidated operating performance and strategic relationship with ORI,
as well as its excellent capitalization, superior liquidity, sound
investment strategy, reserve adequacy and market position. To learn more
about the ORTIG, please visit www.oldrepublictitle.com.