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First American Financial Corporation (FAF)

-NYSE

24.80 Up 0.17(0.69%) May 24, 4:03PM EDT

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First American Financial Corporation
1 First American Way
Santa Ana, CA 92707-5913
United States - Map
Phone: 714-250-3000
Fax: 714-541-6372
Website: http://www.firstam.com

Details 
Index Membership:N/A
Sector:Financial
Industry:Property & Casualty Insurance
Full Time Employees:17,312

Business Summary 

First American Financial Corporation, through its subsidiaries, provides financial services. The company operates in two segments, Title Insurance and Services, and Specialty Insurance. The Title Insurance and Services segment issues title insurance policies, and related products and services on residential and commercial property. This segment also provides closing and/or escrow services; accommodates tax-deferred exchanges of real estate; maintains, manages, and provides access to title plant records and images; and provides banking, trust, and investment advisory services. It offers its products through a network of direct operations and agents in 49 states and in the District of Columbia; and in Canada, the United Kingdom, Australia, and internationally. The Specialty Insurance segment provides property and casualty insurance, including coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism, and other types of property damage in 43 states. It also sells home warranty products, which include the provision of residential service contracts that cover residential systems, such as heating and air conditioning systems, and certain appliances against failures that occur as the result of normal usage during the coverage period in 39 states and the District of Columbia; and offers auto insurance products. This segment markets its property and casualty insurance products through direct distribution channels, including cross-selling through its existing closing-service activities, as well as through a network of independent brokers. The company is based in Santa Ana, California.

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Corporate Governance 
First American Financial Corporation’s ISS Governance QuickScore as of May 1, 2013 is 2. The pillar scores are Audit: 1; Board: 3; Shareholder Rights: 7; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Parker S. Kennedy , 65
Exec. Chairman and Chairman of Exec. Committee
N/AN/A
Mr. Dennis J. Gilmore , 54
Chief Exec. Officer, Director and Member of Exec. Committee
2.66M124.00K
Mr. Mark Edward Seaton , 35
Chief Financial Officer and Exec. VP
699.00K0.00
Mr. Kenneth D. DeGiorgio BA, MBA, 42
Exec. VP, Gen. Counsel and Sec.
1.35M1.24M
Mr. Max O. Valdes , 58
Exec. VP
1.11M125.00K
Amounts are as of Dec 30, 2012 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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