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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.

Old Republic Announces Purchase of Large Risk Management Account Renewal Rights From Kemper

January 15, 2003

CHICAGO, Jan. 15 /PRNewswire-FirstCall/ -- Old Republic International Corporation (NYSE: ORI - News) announced that its wholly owned subsidiary, Old Republic Insurance Company, has reached a definitive agreement to purchase the renewal rights to certain large risk national accounts of the Kemper Insurance Companies.

Old Republic is purchasing the renewal rights to Kemper's unbundled risk management accounts and will not be assuming any liabilities incurred prior to any of its renewals. With unbundled accounts, the underwriting and policy issuance portion of a program is purchased from one insurer while ancillary services in support of that program can be obtained from another provider, usually a non-affiliated third party administrator (TPA). Based on a preliminary review, Old Republic understands that the subject book of business incorporates slightly more than 100 assureds and that gross premium volume before reinsurance cessions for the aggregate of most such accounts totals approximately $140 million on an annualized basis.

Source: Old Republic International Corporation

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American Land Title Association
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