ITIC - Investors Title Company

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Investors Title Company

121 North Columbia Street
Chapel Hill, NC 27514
United States
919-968-2200
http://www.invtitle.com

SectorFinancial Services
IndustryInsurance - Specialty
Full Time Employees360

Key Executives

NameTitlePayExercisedYear Born
Mr. James Allen FineCEO & Chairman1.16MN/A1935
Mr. James Allen Fine Jr.Pres, Treasurer, CFO, Chief Accounting Officer & Director1.11MN/A1963
Mr. William Morris FineExec. VP, Sec. & Director1.11MN/A1967
Ms. L. Dawn MartinVP of Corp. Admin. and Investor Relations OfficerN/AN/A1967
Ms. Mitchell D. Ward SPHRVP of HRN/AN/AN/A
Amounts are as of December 31, 2016 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.

Description

Investors Title Company, through its subsidiaries, provides title insurance for residential, institutional, commercial, and industrial properties. The company underwrites land title insurance for owners and mortgagees as a primary insurer; and assumes the reinsurance of title insurance risks from other title insurance companies. It also provides services in connection with tax-deferred exchanges of like-kind property; serves as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction; and performs duties, including drafting standard exchange documents, holding the exchange funds between the sale of the old property and the purchase of the new property, and accepting the formal identification of the replacement property. In addition, it serves as an exchange accommodation titleholder for accomplishing reverse exchanges when the taxpayers decide to acquire replacement property before selling the relinquished property. Further, the company offers investment management and trust services to individuals, companies, banks, and trusts; and consulting and management services to clients to start and operate a title insurance agency. It issues title insurance policies primarily through approved attorneys from underwriting offices, as well as through independent issuing agents in 22 states and the District of Columbia, primarily in the eastern half of the United States. Investors Title Company was founded in 1972 and is headquartered in Chapel Hill, North Carolina.

Corporate Governance

Investors Title Company’s ISS Governance QualityScore as of June 1, 2018 is 9. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 10; Compensation: 6.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.