American National Financial, Inc. Announces Licensing in Arizona

December 7, 2002

ORANGE, Calif., Dec. 5 /PRNewswire-FirstCall/ -- National Title Insurance of New York, Inc. ("National") the title insurance underwriting subsidiary of American National Financial, Inc. (Nasdaq: ANFI), , has received its Certificate of Authority to underwrite title insurance in the state of Arizona.

National is licensed to issue and underwrite title insurance policies in 36 states, the District of Columbia and the U.S. Virgin Islands. With this license in Arizona, National is now licensed in one of the fastest growing regions in the United States.

Michael C. Lowther, Chairman of the Board and Chief Executive Officer of ANFI said, "This approval gives us the opportunity for further expansion in Arizona through our existing operations as well as partnering in an affiliated business arrangement."

Carl A. Strunk, Executive Vice President and Chief Financial Officer of ANFI said, "This authorization by the State of Arizona, Department of Insurance, represents continued recognition of the growing financial strength of our underwriter."

Source: American National Financial, Inc.

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North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.