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ITIC| Name | Value |
|---|---|
| Revenues | 65.5M |
| Cost of Revenue | 0.0M |
| Gross Profit | 65.5M |
| Operating Expense | -56.2M |
| Operating I/L | 9.3M |
| Other Income/Expense | 0.2M |
| Interest Income | 1.6M |
| Pretax | 9.3M |
| Income Tax Expense | 1.7M |
| Net Income/Loss | 7.5M |
Investors Title Company and its subsidiaries provide residential and commercial title insurance for various properties. The company underwrites land title insurance for owners and mortgagees, and also assumes the reinsurance of title insurance risks. Additionally, it offers services for tax-deferred exchanges of like-kind property, acts as a qualified intermediary, and provides investment management and trust services. The company issues title insurance policies primarily through approved attorneys and independent issuing agents in 24 states and the District of Columbia. Its revenue is generated through the issuance of title insurance, reinsurance, and the provision of related services.
