News
Florida Homeowners Find Little to Cheer
www.bloomberg.com
[Bloomberg] - Soothing Effect The mere existence of a deal may be more beneficial than any actual benefits, said George Scanlon, chief executive officer of Fidelity National Financial Inc. (FNF) in Jacksonville, the largest US title insurer.
Google News: FNF boosts 4Q profit 32% on sale of flood insurance business
[Housing Wire] - Total title claims paid dropped 14%, and CEO George Scanlon said the company expects the trend to continue. The sale of its flood insurance for $210 million led to $95 million in after-tax gains, contributing 43 cents to diluted earnings a share in the
Fidelity National to Buy O'Charley's as Insurer Increases Restaurant Wager
www.bloomberg.com
[Bloomberg] - Fidelity National Financial Inc., the largest US title insurer, is weighing restaurant investments after exiting some insurance businesses at a profit, Chief Executive Officer George Scanlon said. “We're taking that capital, keeping it as dry powder,”
Google News: Financial Business Recap: Big Banks Close to Mortgage Settlement
[Wall St. Cheat Sheet] - Even purchasing O'Charley's (NASDAQ:CHUX) it still has capital stored away from the sales of insurance assets, according to CEO George Scanlon. “The restaurant business can scale pretty quickly, and there are clearly cost benefits to being bigger
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