Operator
Good day, and thank you for standing by. Welcome to the Old Republic International First Quarter 2021 Earnings Conference Call. [Operator Instructions] After the speaker s presentation, there will be a question-and-answer session. [Operator Instructions]
I ll be now [Phonetic] giving the conference over to your speaker today, Joe Calabrese with MWW Group. Thank you. Please go ahead.
Joe Calabrese
Senior Vice President at Financial Relations Board
Thank you. Good afternoon, everyone, and thank you for joining us for the Old Republic conference call to discuss first quarter 2021 results. This morning, we distributed a copy of the press release and posted a separate statistical supplement which we assume you have seen and/or otherwise have access to during the call. Both of the documents are available at Old Republic s website, which is www.oldrepublic.com.
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Title Insurance market’ Report @
Title insurance is a form of indemnity insurance predominantly found in the United States which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans. The vast majority of title insurance policies are written on land within the United States. Unlike some land registration systems in countries outside the US, the US states’ recorder of deeds generally do not guarantee indefeasible title to those recorded titles. Title insurance will defend against a lawsuit attacking the title, or reimburse the insured for the actual monetary loss incurred up to the dollar amount of insurance provided by the policy.
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