Chicago Title And Trust Company Celebrates Its 160th Year

October 10, 2007 at 12:00 AM EDT
Chicago Title And Trust Company Celebrates Its 160th Year

Chicago, Ill. – (October 10, 2007) – For the employees of Chicago Title Insurance Company, 2007 isn't just another year. This year, Chicago Title and Trust Co. and its employees are celebrating 160 years of protecting homes and businesses in both the Chicago metropolitan area and across the United States. From its modest beginnings as the vision of a young Chicago law clerk, Chicago Title and Trust Co. has grown to become one of the most successful and respected title insurance companies in the world.

"We are proud and excited to celebrate our 160th anniversary in the City of Chicago," said Randy Quirk, Co-President, Chicago Title Insurance Company's parent company, Fidelity National Financial (NYSE:FNF). "For 160 years, we have been doing our best to protect your homes, your families, and to help you invest in your future. We will strive to continue serving our customers' title needs for many more years to come."

On behalf of the City of Chicago, I would like to recognize and congratulate Chicago Title and Trust Co. for 160 years of service to the residents of Chicago and beyond," said Mayor Richard M. Daley. "As Mayor, I am proud to be able to say that I have a company like Chicago Title and Trust Co. headquartered in our city. Their storied history of protecting our most valuable investments—our homes and Chicago's greatest buildings—is priceless."

The long history of the company includes a rather noteworthy chapter from the Great Chicago Fire of 1871. When many of Cook County's real estate records were consumed by the fire, employees of three quick-thinking abstract firms – Chase Brothers and Company, Shortall and Hoard, and Jones and Sellers – snatched their records from the blaze. Soon their records were all housed together in the untouched western outskirts of the city, providing the real estate records on which to rebuild Chicago. The abstract firms eventually became part of the Chicago Title family of companies

In 1920, the scope of Chicago Title and Trust's business extended beyond Cook County, Illinois where it started in 1847. In the late 1940s, Chicago Title and Trust Co. moved to 111 West Washington Street and continued developing and expanding its extensive statewide organization. In the 1950s, Chicago Title and Trust Co. reached beyond its state borders to increase its business. Over the next 50 years, Chicago Title and Trust Co. acquired several businesses and continued its growth as a prominent Chicago-based business. In 2000, Chicago Title joined the Fidelity National Financial (NYSE:FNF) family of companies in a historic merger, creating the largest title insurer and provider of real-estate related products and services in the world.

"Remaining an industry leader for 160 years is a testament to Chicago Title's unwavering dedication to excellence and devotion to customers," said Quirk. "Much has changed since Chicago Title and Trust Co. founding, but today the company continues to protect our customers' real estate with the same outstanding customer service, untarnished reputation for integrity and outstanding expertise we've offered since 1847."

About Fidelity National Financial

Fidelity National Financial, Inc. (NYSE:FNF), is a leading provider of title insurance, specialty insurance and claims management services. FNF is one of the nation's largest title insurance companies through its title insurance underwriters - Fidelity National Title, Chicago Title, Ticor Title, Security Union Title and Alamo Title - that issue approximately 28 percent of all title insurance policies in the United States. FNF also provides flood insurance, personal lines insurance and home warranty insurance through its specialty insurance business. FNF also is a leading provider of outsourced claims management services to large corporate and public sector entities through its minority-owned subsidiary, Sedgwick CMS. More information about FNF can be found at www.fnf.com.

For more information, please contact:
Emily Crane, Hill & Knowlton
(202) 944-5137
Emily.Crane@hillandknowlton.com
Or
Ginger Greenberg, Fidelity National Financial, Inc.
(904) 718-4986
Ginger.greenberg@fnf.com