Investors Title Company (ITIC)

159.36 -3.52 (-2.16%) At close: 04:00PM EDT

Investors Title Company

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

Sector(s): Financial Services
Industry: Insurance - Specialty
Full-time employees: 545

Key executives

Name	Title	Pay	Exercised	Year born
Mr. James Allen Fine	Founder, Chairman & CEO	731.23k	N/A	1935
Mr. James Allen Fine Jr.	President, Treasurer, CFO, Chief Accounting Officer & Director	1.53M	N/A	1963
Mr. Andrew Wert	Senior Vice President of Operations	N/A	N/A	N/A
Ms. L. Dawn Martin	Vice President of Corporate Administration & Investor Relations Officer and Assistant Secretary	N/A	N/A	1967
Mr. John Herath	Vice President of Human Resources	N/A	N/A	N/A
Ms. Brandee Garren	Vice President of Underwriting & Operations Support	N/A	N/A	N/A
Mr. C. Todd Murphy	Senior Vice President of Finance	N/A	N/A	N/A
Ms. Kimberly McRae Wells	Senior Vice President of Southeast Region Marketing & Operations Manager	N/A	N/A	N/A
Mr. Daniel Warren Minto	Senior Vice President of Engineering & Information Technology	N/A	N/A	N/A
Mr. Thomas Keller Berry	Executive Vice President of Market Development	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Investors Title Company engages in the issuance of residential and commercial 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 offers services in connection with tax-deferred exchanges of like-kind property; acts as a qualified intermediary in tax-deferred exchanges of property; coordinates the exchange aspects of the real estate transaction, such as 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 directly and through a network of 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 1 April 2024 is 9. The pillar scores are Audit: 8; 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 10 indicates higher governance risk.