Industry NewsMarkets & Economy

Fidelity may sell flood, homeowners insurance lines

Title insurance revenue down, losses up
Published on Apr 28, 2008

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by CareyBot

Fidelity National Financial Inc. is looking to sell its flood and personal lines of insurance to maintain the company’s $1.20 annual dividend to shareholders, fund a stock repurchase program, and pay down debt. Fidelity said the two businesses — fee-for-service ...