A surge in commercial real estate transactions helped drive solid first-quarter 2025 earnings for the country’s largest title insurers.

First American Financial, Fidelity National Financial, Old Republic International and Stewart Information Services all reported year-over-year gains in commercial title revenue. Leaders at each company pointed to improved demand and strategic investments in growth.

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Stewart Title Insurance Co. has merged with its affiliate Stewart Title Guaranty Co. and will now operate in New York under the latter’s name.

Company leaders said the internal consolidation is intended to unify Stewart’s operations under a single underwriting entity in New York — with the goal of enhancing underwriting capacity and financial backing for transactions in the state.

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