In Brief: Title Insurer Is Sold To Calif. Agent Firm

The purchase of a New York underwriter will bring a California title insurance agent into 34 additional states.

American National Financial Inc. said it has bought National Title Insurance of New York from a subsidiary of Fidelity National Financial Inc. The purchase received regulatory approval May 27. Financial terms were not disclosed.

The buyer's principal subsidiary sells Fidelity National policies in California and Arizona. The New York underwriter is licensed to issue title insurance policies in 35 states and the U.S. Virgin Islands.

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