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Fitch affirms First American rating following BofA settlement
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Industry News, Market Data
Tuesday, January 10, 2012
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First American Title Insurance Co. received a vote of confidence from
Fitch Ratings this week as Fitch affirmed the company’s Insurer
Financial rating. Fitch said this affirmation reflects the First
American’s capitalization, profitability and moderate financial
leverage. Read on for more analysis from Fitch.
Fitch listed the following as key rating triggers that could lead to an upgrade:
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