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Old Republic International Corp. (ORI)

At 10:20 EST: 10.28 USD  Up 0.03 (0.29%)  
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Old Republic International Corp.
307 North Michigan Avenue
Chicago, IL 60601
Phone: 312-346-8100
Fax: 312-726-0309
Web Site: http://www.oldrepublic.com

DETAILS
Index Membership: S&P 400 MidCap
S&P 1500 Super Comp
Sector: Financial
Industry: Surety & Title Insurance
Employees (last reported count): NaN

BUSINESS SUMMARY
Old Republic International Corporation, through its subsidiaries, engages in insurance underwriting business. It operates through three segments: General Insurance, Mortgage Guaranty, and Title Insurance. The General Insurance segment provides liability insurance coverages to businesses, government, and other institutions in transportation, commercial construction, forest products, energy, general manufacturing, and financial services sectors in North America. It provides various policies, such as automobile extended warranty insurance, aviation, commercial automobile insurance, general liability, home warranty insurance, inland marine, travel accident, and workersÂ’ compensation policies, as well as liability coverage for claims arising from the acts of owners or employees, and protection for the physical assets of businesses. This segment also offers financial indemnity coverages, such as consumer credit indemnity, errors and omissions/directors and officers, guaranteed asset protection, and surety coverages, as well as bonds that cover the exposures of financial institutions, and commercial and other enterprises for losses of monies, or debt and equity securities due to acts of employee dishonesty. The Mortgage Guaranty segment insures first mortgage loans, primarily on residential properties incorporating one-to-four family dwelling units to mortgage bankers, brokers, commercial banks, and savings institutions. The Title Insurance Group provides lenders' and owners' title insurance policies primarily to real estate purchasers and investors based upon searches of the public records. It also provides escrow closing and construction disbursement services; and real estate information products and services pertaining to real estate transfers and loan transactions. The company markets its products primarily through insurance agents and brokers, as well as by direct sales. Old Republic International Corporation was founded in 1887 and is based in Chicago, Illinois.
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    OFFICERS
      Pay Exercised
    Mr. Aldo C. Zucaro , 71
    Chairman, Chief Exec. Officer and Chairman of Exec. Committee
    $ 813.00K $ 0
    Mr. James A. Kellogg , 58
    Pres and Chief Operating Officer
    $ 490.00K $ 0
    Mr. William A. Simpson , 68
    Director, Chairman of Republic Mortgage Insurance Company, Chairman of Mortgage Guaranty and Pres of Republic Mortgage Insurance Company
    N/A N/A
    Mr. Karl W. Mueller , 51
    Chief Financial Officer and Sr. VP
    $ 474.00K $ 0
    Mr. Rande Yeager , 61
    Sr. VP of Title Insurance, Chief Exec. Officer of Old Republic Title Insurance Company and Pres of Old Republic National Title Insurance Company
    $ 316.00K $ 0
    Dollar amounts are as of 31-Dec-08 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.
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