Title Insurance and Trust Company, called "TI", opened for business on January 15, 1894, with about 30 employees. TI was the direct outgrowth of the merger of two earlier companies, the Abstract and Title Insurance Company and the Los Angeles Abstract Company, which had been started in the real estate boom of the 1880s.
Its origin, however, really goes back to the early 1870s, for in 1886 Abstract and Title Insurance Company had acquired the "entire plant and property relating to the searching business" of a Los Angeles firm of attorneys (Judson, Gillette & Gibson) that had pioneered using "certificates of title."
The original founders of TI were William H. Allen Jr., Otto F. Brant and Oliver P. Clark, who later became known as "the A.B.C.s." When TI began operation, the population of the city of Los Angeles was 66,000, and the county population, 122,000.
In 1992, Ticor was acquired by Chicago Title & Trust, which issued the first guarantee policy in Cook County, Illinois, in 1881. In 2000 Fidelity National Financial Inc. (FNF), the premier real estate service company, providing title insurance and other real estate-related services, acquired the Chicago Title Corporation, creating the largest title organization in the world. FNF ranks on the Fortune 500 list of publicly held companies globally.
"FNF has made a strategic commitment to grow its Ticor Title brand and the acquisition of ANFI is a key component of this strategy," said FNF Chairman and Chief Executive Officer William P. Foley II.
The company’s identity is sustained by its well-trained staff, customer-focused responsiveness and a commitment to excellence. With over a century of experience and consistent A Ratings in claims-paying ability, Ticor Title provides title insurance with confidence and remains a powerful force in the title insurance market.
Sossi Crilly
V.P Business Development
323.440.0835
sossi.crilly@ticortitle.com
