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SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

A.M. Best Assigns Initial Rating to Fidelity National Insurance Company

March 5, 2002

OLDWICK, N.J.--(BUSINESS WIRE)-- --A.M. Best Co. has assigned an initial financial strength rating of B++ (Very Good) to Fidelity National Insurance Company (Fidelity), Santa Barbara, California.

The rating reflects Fidelity's strong capitalization, management team, common branding and the strategic relationship with its parent, Fidelity National Financial, Inc. Fidelity National Financial, Inc., is one of the largest national providers of title insurance and real estate services. It maintains this status by using various market brands and related distribution networks. Management's initiatives to use the unique distribution networks and provide enhanced support for real estate transactions represents market synergies for favorable product pricing and distribution. Based on these initiatives and Fidelity's synergistic relationships, A.M. Best expects it to realize premium growth and effect revenue diversification for the parent.

Offsetting these factors will be the ongoing integration of the strategic initiatives between the affiliated title company operations and the property and casualty operations. Additionally, homeowners insurance will continue to have competitive pressures on product pricing, with management of known and developing underwriting exposures being the primary forces influencing underwriting results. Integration issues have been addressed by combining the strengths of the respective companies through strategic management and organizational structures. Competitive pressures, market volatility and product pricing issues are incorporated into management's initiatives to use innovative distribution capabilities--enhanced products and competitive pricing--to further diversify Fidelity's revenue and generate excellent underwriting results. Based on management's integrated plans, corporate structure, parental support and capitalization, A.M. Best views the rating outlook as stable.

Source: A.M. Best Co.

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