The rapidly cooling housing market in 2022 was not kind to Big Four title insurer Old Republic. While the century-old firm, which is celebrating its 100th anniversary in 2023, did generate net income for both the fourth quarter of 2022 as well as for the year as a whole, it was down substantially last year.
During the fourth quarter of 2022, Old Republic recorded a net income of $512.1 million, down from $627.0 million in Q2 2021. The firm generated a net income of $686.4 details ⇒
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