First American Financial (FAF) 10-Q 27 Jul 17 2017 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2017	Jul. 21, 2017
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q2
Trading Symbol	FAF
Entity Registrant Name	First American Financial Corp
Entity Central Index Key	1,472,787
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		110,721,195

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 1,166,764	$ 1,006,138
Accounts and accrued income receivable, net	323,385	299,799
Income taxes receivable	7,902	67,970
Investments:
Deposits with banks	21,762	21,222
Debt securities, includes pledged securities of $112,971 and $110,647	4,849,595	4,553,363
Equity securities	426,788	404,085
Other investments	160,455	162,029
Investments, Total	5,458,600	5,140,699
Property and equipment, net	433,038	434,050
Title plants and other indexes	572,780	564,309
Deferred income taxes	20,037	20,037
Goodwill	1,031,943	1,017,417
Other intangible assets, net	77,808	78,898
Other assets	222,029	202,460
Total assets	9,314,286	8,831,777
Liabilities and Equity
Deposits	3,097,796	2,779,478
Accounts payable and accrued liabilities	696,992	793,955
Deferred revenue	233,607	228,905
Reserve for known and incurred but not reported claims	1,017,232	1,025,863
Income taxes payable	93,888	10,376
Deferred income taxes	242,158	242,158
Notes and contracts payable	734,455	736,693
Total liabilities	6,116,128	5,817,428
Commitments and contingencies (Note 13)
Stockholders’ equity:
Preferred stock, $0.00001 par value; Authorized—500 shares; Outstanding—none
Common stock, $0.00001 par value; Authorized—300,000 shares; Outstanding—110,721 shares and 109,944 shares	1	1
Additional paid-in capital	2,215,849	2,191,756
Retained earnings	1,150,582	1,046,822
Accumulated other comprehensive loss	(173,009)	(230,400)
Total stockholders’ equity	3,193,423	3,008,179
Noncontrolling interests	4,735	6,170
Total equity	3,198,158	3,014,349
Total liabilities and equity	$ 9,314,286	$ 8,831,777

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Statement Of Financial Position [Abstract]
Pledged securities included in debt securities	$ 112,971	$ 110,647
Preferred stock, par value	$ 0.00001	$ 0.00001
Preferred stock, shares authorized	500,000	500,000
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares outstanding	110,721,000	109,944,000

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Revenues
Direct premiums and escrow fees	$ 641,080	$ 623,975	$ 1,168,089	$ 1,125,889
Agent premiums	554,028	515,792	1,128,610	1,028,037
Information and other	201,851	182,771	384,360	337,848
Net investment income	39,609	30,925	72,649	58,295
Net realized investment gains	17,861	8,070	17,764	13,176
Total revenues	1,454,429	1,361,533	2,771,472	2,563,245
Expenses
Personnel costs	444,418	417,725	859,548	800,437
Premiums retained by agents	435,771	403,669	889,697	808,708
Other operating expenses	222,814	216,361	430,223	403,036
Provision for policy losses and other claims	110,958	122,360	213,346	229,458
Depreciation and amortization	30,145	23,994	60,292	46,414
Premium taxes	17,179	16,027	32,627	30,404
Interest	8,990	7,790	17,705	15,589
Total expenses	1,270,275	1,207,926	2,503,438	2,334,046
Income before income taxes	184,154	153,607	268,034	229,199
Income taxes	62,259	51,156	88,070	74,076
Net income	121,895	102,451	179,964	155,123
Less: Net (loss) income attributable to noncontrolling interests	(362)	302	(575)	473
Net income attributable to the Company	$ 122,257	$ 102,149	$ 180,539	$ 154,650
Net income per share attributable to the Company's stockholders (Note 8):
Basic	$ 1.10	$ 0.92	$ 1.62	$ 1.40
Diluted	1.09	0.92	1.61	1.40
Cash dividends declared per share	$ 0.34	$ 0.26	$ 0.68	$ 0.52
Weighted-average common shares outstanding (Note 8):
Basic	111,549	110,480	111,374	110,327
Diluted	112,199	110,978	112,026	110,842

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 121,895	$ 102,451	$ 179,964	$ 155,123
Other comprehensive income (loss), net of tax:
Unrealized gains on securities	12,634	17,681	38,085	49,508
Foreign currency translation adjustment	8,709	(5,579)	12,143	6,525
Pension benefit adjustment	3,637	3,621	7,170	7,217
Total other comprehensive income (loss), net of tax	24,980	15,723	57,398	63,250
Comprehensive income	146,875	118,174	237,362	218,373
Less: Comprehensive (loss) income attributable to noncontrolling interests	(362)	272	(568)	489
Comprehensive income attributable to the Company	$ 147,237	$ 117,902	$ 237,930	$ 217,884

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Stockholders' Equity (Unaudited) - 6 months ended Jun. 30, 2017 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total stockholders' equity	Noncontrolling Interests
Balance value at Dec. 31, 2016	$ 3,014,349	$ 1	$ 2,191,756	$ 1,046,822	$ (230,400)	$ 3,008,179	$ 6,170
Balance shares at Dec. 31, 2016	109,944	109,944
Net income for six months ended June 30, 2017	$ 179,964	$ 0	0	180,539	0	180,539	(575)
Dividends on common shares	(75,099)	0	0	(75,099)	0	(75,099)	0
Shares issued in connection with share-based compensation plans, value	(2,167)	$ 0	(487)	(1,680)	0	(2,167)	0
Shares issued in connection with share-based compensation plans, shares		777
Share-based compensation	24,580	$ 0	24,580	0	0	24,580	0
Net activity related to noncontrolling interests	(867)	0	0	0	0	0	(867)
Other comprehensive income (Note 12)	57,398	0	0	0	57,391	57,391	7
Balance value at Jun. 30, 2017	$ 3,198,158	$ 1	$ 2,215,849	$ 1,150,582	$ (173,009)	$ 3,193,423	$ 4,735
Balance shares at Jun. 30, 2017	110,721	110,721

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flows from operating activities:
Net income	$ 179,964	$ 155,123
Adjustments to reconcile net income to cash provided by operating activities:
Provision for policy losses and other claims	213,346	229,458
Depreciation and amortization	60,292	46,414
Amortization of premiums and accretion of discounts on debt securities, net	16,666	13,082
Excess tax benefits from share-based compensation	0	(3,137)
Net realized investment gains	(17,764)	(13,176)
Share-based compensation	24,580	21,968
Equity in earnings of affiliates, net	(3,447)	(3,018)
Dividends from equity method investments	5,562	3,749
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions:
Claims paid, including assets acquired, net of recoveries	(225,849)	(225,568)
Net change in income tax accounts	104,656	7,486
Increase in accounts and accrued income receivable	(18,411)	(24,946)
Decrease in accounts payable and accrued liabilities	(92,662)	(60,826)
Decrease in deferred revenue	2,468	3,895
Other, net	(14,797)	(4,118)
Cash provided by operating activities	234,604	146,386
Cash flows from investing activities:
Net cash effect of acquisitions/dispositions	(3,933)	(18,432)
Net decrease in deposits with banks	110	968
Purchases of debt and equity securities	(1,029,861)	(899,629)
Proceeds from sales of debt and equity securities	499,526	259,915
Proceeds from maturities of debt securities	276,843	436,125
Net change in other investments	2,105	2,346
Capital expenditures	(69,553)	(60,939)
Proceeds from sales of property and equipment	9,013	8,787
Cash used for investing activities	(315,750)	(270,859)
Cash flows from financing activities:
Net change in deposits	318,318	401,350
Repayment of debt	(2,660)	(2,329)
Net activity related to noncontrolling interests	(879)	(768)
Excess tax benefits from share-based compensation	0	3,137
Net payments in connection with share-based compensation plans	(2,167)	(3,052)
Purchase of Company shares	0	(454)
Cash dividends	(75,099)	(56,897)
Cash provided by financing activities	237,513	340,987
Effect of exchange rate changes on cash	4,259	(2,021)
Net increase in cash and cash equivalents	160,626	214,493
Cash and cash equivalents—Beginning of period	1,006,138	1,027,321
Cash and cash equivalents—End of period	1,166,764	1,241,814
Supplemental information:
Interest	16,811	14,537
Premium taxes	41,652	40,340
Income taxes	35,208	67,261
Income tax refunds	$ (51,904)	$ (699)

Basis of Condensed Consolidated

Basis of Condensed Consolidated Financial Statements	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Condensed Consolidated Financial Statements	Note 1 – Basis of Condensed Consolidated Financial Statements Basis of Presentation The condensed consolidated financial information included in this report has been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and Article 10 of Securities and Exchange Commission (“SEC”) Regulation S-X. The principles for condensed interim financial information do not require the inclusion of all the information and footnotes required by GAAP for complete financial statements. Therefore, these financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2016. The condensed consolidated financial statements included herein are unaudited; however, in the opinion of management, they contain all normal recurring adjustments necessary for a fair statement of the consolidated results for the interim periods. All material intercompany transactions and balances have been eliminated upon consolidation. Recently Adopted Accounting Pronouncements In October 2016, the Financial Accounting Standards Board (“FASB”) issued updated guidance to amend the consolidation guidance on how a reporting entity that is the single decision maker of a variable interest entity should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that variable interest entity. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016. The adoption of this guidance had no impact on the Company’s condensed consolidated financial statements. In March 2016, the FASB issued updated guidance intended to simplify and improve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of such awards as either equity or liabilities and classification on the statement of cash flows. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016. While the adoption of this guidance did have an impact on the Company’s effective income tax rate for 2017, it did not have a material impact on the Company’s condensed consolidated financial statements. See Note 7 Income Taxes for further discussion of the Company’s effective income tax rates. Beginning in 2017, excess tax benefits from share-based compensation are presented in the condensed consolidated statements of cash flows in cash flows from operating activities within net change in income tax accounts. In March 2016, the FASB issued updated guidance intended to simplify the accounting treatment for investments that become qualified for the equity method of accounting as a result of an increase in the level of ownership interest or degree of influence. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016. The adoption of this guidance had no impact on the Company’s condensed consolidated financial statements. Pending Accounting Pronouncements In May 2017, the FASB issued updated guidance intended to reduce diversity in practice by clarifying which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In March 2017, the FASB issued updated guidance to amend the amortization period for certain purchased callable debt securities held at a premium to shorten the amortization period for the premium to the earliest call date. The updated guidance is intended to more closely align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities, and is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In March 2017, the FASB issued updated guidance intended to improve the presentation of net periodic pension cost and net periodic postretirement benefit cost through the disaggregation of the service cost component from the other components of net benefit cost. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In January 2017, the FASB issued updated guidance intended to simplify how an entity tests goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Under the updated guidance, an entity will perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, with the loss recognized limited to the total amount of goodwill allocated to that reporting unit. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In January 2017, the FASB issued updated guidance to clarify the definition of a business with the objective of providing guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In November 2016, the FASB issued updated guidance intended to reduce the diversity in practice on presenting restricted cash or restricted cash equivalents in the statement of cash flows. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In October 2016, the FASB issued updated guidance intended to simplify and improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. The updated guidance, which eliminates the intra-entity transfers exception, requires entities to recognize the income tax consequences of intra-entity transfers of assets, other than inventory, when the transfers occur. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In August 2016, the FASB issued updated guidance intended to eliminate the diversity in practice regarding the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated statements of cash flows. In June 2016, the FASB issued updated guidance intended to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The updated guidance replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires the consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is currently assessing the impact of the new guidance on its condensed consolidated financial statements. In February 2016, the FASB issued updated guidance that requires the rights and obligations associated with leasing arrangements be reflected on the balance sheet in order to increase transparency and comparability among organizations. Under the updated guidance, lessees will be required to recognize a right-of-use asset and a liability to make lease payments and disclose key information about leasing arrangements. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. While the Company is currently evaluating the impact the new guidance will have on its condensed consolidated financial statements, the Company expects the adoption of the new guidance will result in a material increase in the assets and liabilities on its condensed consolidated balance sheets and will likely have an insignificant impact on its condensed consolidated statements of income and statements of cash flows. In January 2016, the FASB issued updated guidance intended to enhance the reporting model for financial instruments to provide users of financial statements with more decision-useful information. In addition to making other targeted improvements to current guidance, the updated guidance also requires all equity investments, except those accounted for under the equity method of accounting or those that result in consolidation of the investee, to be measured at fair value with changes in the fair value recognized through net income. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted in certain circumstances. While the Company expects the adoption of this guidance to impact its condensed consolidated statements of income, the materiality of the impact will depend upon the size of, and level of volatility experienced within, the Company’s equity portfolio. In May 2014, the FASB issued updated guidance for recognizing revenue from contracts with customers to provide a single, comprehensive revenue recognition model for all contracts with customers to improve comparability within and across industries, and across capital markets. The new revenue standard contains principles that an entity will apply to determine the measurement of revenue and the timing of recognition. The underlying principle is that an entity will recognize revenue to depict the transfer of goods or services to customers at an amount that the entity expects to be entitled to in exchange for those goods or services. Revenue from insurance contracts is not within the scope of this guidance. In August 2015, the FASB issued updated guidance which defers the effective date of this guidance by one year. In 2016, the FASB issued additional updates to the new guidance primarily to clarify, among other things, the implementation guidance related to principal versus agent considerations, identifying performance obligations, accounting for licenses of intellectual property, and to provide narrow-scope improvements and additional practical expedients. In February 2017, the FASB issued an additional update to the new guidance to clarify the scope of derecognition guidance for nonfinancial assets and to provide guidance for partial sales of nonfinancial assets. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption prohibited. The Company expects to adopt the new guidance under the modified retrospective approach and, based on a preliminary assessment, does not expect the new guidance to have a material impact on its condensed consolidated financial statements.

Escrow Deposits, Like-Kind Exch

Escrow Deposits, Like-Kind Exchange Deposits and Trust Assets	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Escrow Deposits, Like-Kind Exchange Deposits and Trust Assets	Note 2 – Escrow Deposits, Like-kind Exchange Deposits and Trust Assets The Company administers escrow deposits and trust assets as a service to its customers. Escrow deposits totaled $7.5 billion and $6.8 billion at June 30, 2017 and December 31, 2016, respectively, of which $3.0 billion and $2.6 billion, respectively, were held at the Company’s federal savings bank subsidiary, First American Trust, FSB. The escrow deposits held at First American Trust, FSB are temporarily invested in cash and cash equivalents and debt securities, with offsetting liabilities included in deposits in the accompanying condensed consolidated balance sheets. The remaining escrow deposits were held at third-party financial institutions. Trust assets held or managed by First American Trust, FSB totaled $3.4 billion and $3.2 billion at June 30, 2017 and December 31, 2016, respectively. Escrow deposits held at third-party financial institutions and trust assets are not considered assets of the Company and, therefore, are not included in the accompanying condensed consolidated balance sheets. However, the Company could be held contingently liable for the disposition of these assets. In conducting its operations, the Company often holds customers’ assets in escrow, pending completion of real estate transactions and, as a result, the Company has ongoing programs for realizing economic benefits with various financial institutions. The results from these programs are included in the condensed consolidated financial statements as income or a reduction in expense, as appropriate, based on the nature of the arrangement and benefit received. The Company facilitates tax-deferred property exchanges for customers pursuant to Section 1031 of the Internal Revenue Code and tax-deferred reverse exchanges pursuant to Revenue Procedure 2000-37. As a facilitator and intermediary, the Company holds the proceeds from sales transactions and takes temporary title to property identified by the customer to be acquired with such proceeds. Upon the completion of each such exchange, the identified property is transferred to the customer or, if the exchange does not take place, an amount equal to the sales proceeds or, in the case of a reverse exchange, title to the property held by the Company is transferred to the customer. Like-kind exchange funds held by the Company totaled $2.5 billion and $2.0 billion at June 30, 2017 and December 31, 2016, respectively. The like-kind exchange deposits are held at third-party financial institutions and, due to the structure utilized to facilitate these transactions, the proceeds and property are not considered assets of the Company and, therefore, are not included in the accompanying condensed consolidated balance sheets. All such amounts are placed in deposit accounts insured, up to applicable limits, by the Federal Deposit Insurance Corporation. The Company could be held contingently liable to the customer for the transfers of property, disbursements of proceeds and the returns on such proceeds.

Debt and Equity Securities

Debt and Equity Securities	6 Months Ended
	Jun. 30, 2017
Investments Debt And Equity Securities [Abstract]
Debt and Equity Securities	Note 3 – Debt and Equity Securities Investments in debt securities, classified as available-for-sale, are as follows: (in thousands) Amortized Gross unrealized Estimated Gains Losses June 30, 2017 U.S. Treasury bonds $ 167,770 $ 1,589 $ (1,484 ) $ 167,875 Municipal bonds 1,084,377 12,939 (13,485 ) 1,083,831 Foreign government bonds 145,453 554 (1,191 ) 144,816 Governmental agency bonds 218,798 1,136 (2,816 ) 217,118 Governmental agency mortgage-backed securities 2,283,883 4,306 (19,377 ) 2,268,812 U.S. corporate debt securities 711,796 12,374 (2,731 ) 721,439 Foreign corporate debt securities 241,125 4,908 (329 ) 245,704 $ 4,853,202 $ 37,806 $ (41,413 ) $ 4,849,595 December 31, 2016 U.S. Treasury bonds $ 155,441 $ 416 $ (4,466 ) $ 151,391 Municipal bonds 1,004,659 6,340 (26,666 ) 984,333 Foreign government bonds 141,887 600 (2,439 ) 140,048 Governmental agency bonds 197,343 691 (4,166 ) 193,868 Governmental agency mortgage-backed securities 2,187,482 2,983 (26,792 ) 2,163,673 U.S. corporate debt securities 675,683 8,282 (5,441 ) 678,524 Foreign corporate debt securities 240,526 2,490 (1,490 ) 241,526 $ 4,603,021 $ 21,802 $ (71,460 ) $ 4,553,363 Investments in equity securities, classified as available-for-sale, are as follows: Cost Gross unrealized Estimated (in thousands) Gains Losses June 30, 2017 Preferred stocks $ 18,747 $ 126 $ (1,334 ) $ 17,539 Common stocks 376,960 34,224 (1,935 ) 409,249 $ 395,707 $ 34,350 $ (3,269 ) $ 426,788 December 31, 2016 Preferred stocks $ 18,926 $ — $ (3,344 ) $ 15,582 Common stocks 367,169 26,034 (4,700 ) 388,503 $ 386,095 $ 26,034 $ (8,044 ) $ 404,085 Sales of debt and equity securities resulted in realized gains of $16.7 million and $12.2 million, and realized losses of $1.9 million and $4.6 million for the three months ended June 30, 2017 and 2016, respectively, and realized gains of $20.1 million and $13.2 million, and realized losses of $5.2 million and $7.0 million for the six months ended June 30, 2017 and 2016, respectively. Gross unrealized losses on investments in debt and equity securities are as follows: Less than 12 months 12 months or longer Total (in thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized June 30, 2017 Debt securities: U.S. Treasury bonds $ 103,246 $ (1,455 ) $ 186 $ (29 ) $ 103,432 $ (1,484 ) Municipal bonds 417,676 (12,676 ) 21,707 (809 ) 439,383 (13,485 ) Foreign government bonds 94,332 (1,149 ) 350 (42 ) 94,682 (1,191 ) Governmental agency bonds 154,574 (2,337 ) 5,353 (479 ) 159,927 (2,816 ) Governmental agency mortgage-backed securities 977,367 (11,731 ) 649,022 (7,646 ) 1,626,389 (19,377 ) U.S. corporate debt securities 160,663 (2,179 ) 15,406 (552 ) 176,069 (2,731 ) Foreign corporate debt securities 42,068 (271 ) 1,440 (58 ) 43,508 (329 ) Total debt securities 1,949,926 (31,798 ) 693,464 (9,615 ) 2,643,390 (41,413 ) Equity securities 70,904 (1,451 ) 23,259 (1,818 ) 94,163 (3,269 ) Total $ 2,020,830 $ (33,249 ) $ 716,723 $ (11,433 ) $ 2,737,553 $ (44,682 ) December 31, 2016 Debt securities: U.S. Treasury bonds $ 111,748 $ (4,466 ) $ — $ — $ 111,748 $ (4,466 ) Municipal bonds 635,531 (26,317 ) 16,485 (349 ) 652,016 (26,666 ) Foreign government bonds 63,044 (2,371 ) 324 (68 ) 63,368 (2,439 ) Governmental agency bonds 148,112 (4,166 ) — — 148,112 (4,166 ) Governmental agency mortgage-backed securities 1,295,790 (19,097 ) 432,349 (7,695 ) 1,728,139 (26,792 ) U.S. corporate debt securities 193,533 (4,560 ) 24,499 (881 ) 218,032 (5,441 ) Foreign corporate debt securities 78,658 (1,150 ) 8,154 (340 ) 86,812 (1,490 ) Total debt securities 2,526,416 (62,127 ) 481,811 (9,333 ) 3,008,227 (71,460 ) Equity securities 70,261 (1,173 ) 59,019 (6,871 ) 129,280 (8,044 ) Total $ 2,596,677 $ (63,300 ) $ 540,830 $ (16,204 ) $ 3,137,507 $ (79,504 ) Investments in debt securities at June 30, 2017, by contractual maturities, are as follows: (in thousands) Due in one Due after Due after Due after Total U.S. Treasury bonds Amortized cost $ 52,472 $ 41,859 $ 29,565 $ 43,874 $ 167,770 Estimated fair value $ 52,418 $ 41,715 $ 29,570 $ 44,172 $ 167,875 Municipal bonds Amortized cost $ 58,674 $ 323,768 $ 251,017 $ 450,918 $ 1,084,377 Estimated fair value $ 58,781 $ 326,946 $ 254,934 $ 443,170 $ 1,083,831 Foreign government bonds Amortized cost $ 7,505 $ 112,018 $ 9,665 $ 16,265 $ 145,453 Estimated fair value $ 7,536 $ 111,903 $ 9,727 $ 15,650 $ 144,816 Governmental agency bonds Amortized cost $ 14,774 $ 107,546 $ 56,645 $ 39,833 $ 218,798 Estimated fair value $ 14,756 $ 106,804 $ 56,114 $ 39,444 $ 217,118 U.S. corporate debt securities Amortized cost $ 33,138 $ 295,993 $ 313,191 $ 69,474 $ 711,796 Estimated fair value $ 33,271 $ 299,004 $ 317,260 $ 71,904 $ 721,439 Foreign corporate debt securities Amortized cost $ 15,365 $ 114,751 $ 97,438 $ 13,571 $ 241,125 Estimated fair value $ 15,389 $ 115,942 $ 99,750 $ 14,623 $ 245,704 Total debt securities excluding mortgage-backed securities Amortized cost $ 181,928 $ 995,935 $ 757,521 $ 633,935 $ 2,569,319 Estimated fair value $ 182,151 $ 1,002,314 $ 767,355 $ 628,963 $ 2,580,783 Total mortgage-backed securities Amortized cost $ 2,283,883 Estimated fair value $ 2,268,812 Total debt securities Amortized cost $ 4,853,202 Estimated fair value $ 4,849,595 Mortgage-backed securities, which include contractual terms to maturity, are not categorized by contractual maturity because borrowers may have the right to call or prepay obligations with, or without, call or prepayment penalties. The composition of the investment portfolio at June 30, 2017, by credit rating, is as follows: A- or higher BBB+ to BBB- Non-Investment Grade Total (in thousands, except percentages) Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage June 30, 2017 Debt securities: U.S. Treasury bonds $ 167,875 100.0 $ — — $ — — $ 167,875 100.0 Municipal bonds 1,018,239 94.0 52,490 4.8 13,102 1.2 1,083,831 100.0 Foreign government bonds 117,374 81.1 21,793 15.0 5,649 3.9 144,816 100.0 Governmental agency bonds 217,118 100.0 — — — — 217,118 100.0 Governmental agency mortgage-backed securities 2,268,812 100.0 — — — — 2,268,812 100.0 U.S. corporate debt securities 251,870 35.0 246,312 34.1 223,257 30.9 721,439 100.0 Foreign corporate debt securities 119,872 48.7 93,015 37.9 32,817 13.4 245,704 100.0 Total debt securities 4,161,160 85.8 413,610 8.5 274,825 5.7 4,849,595 100.0 Preferred stocks — — 11,544 65.8 5,995 34.2 17,539 100.0 Total $ 4,161,160 85.5 $ 425,154 8.7 $ 280,820 5.8 $ 4,867,134 100.0 As of June 30, 2017, the estimated fair value of total debt securities included $146.0 million of bank loans, of which $133.9 million was non-investment grade; $118.5 million of high yield corporate debt securities, all of which was non-investment grade; and $72.4 million of emerging market debt securities, of which $9.3 million was non-investment grade. The composition of the investment portfolio in an unrealized loss position at June 30, 2017, by credit rating, is as follows: A- or higher BBB+ to BBB- Non-Investment Grade Total (in thousands, except percentages) Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage June 30, 2017 Debt securities: U.S. Treasury bonds $ 103,432 100.0 $ — — $ — — $ 103,432 100.0 Municipal bonds 410,099 93.4 24,728 5.6 4,556 1.0 439,383 100.0 Foreign government bonds 70,980 74.9 18,323 19.4 5,379 5.7 94,682 100.0 Governmental agency bonds 159,927 100.0 — — — — 159,927 100.0 Governmental agency mortgage-backed securities 1,626,389 100.0 — — — — 1,626,389 100.0 U.S. corporate debt securities 61,000 34.6 71,104 40.4 43,965 25.0 176,069 100.0 Foreign corporate debt securities 22,605 52.0 16,097 37.0 4,806 11.0 43,508 100.0 Total debt securities 2,454,432 92.9 130,252 4.9 58,706 2.2 2,643,390 100.0 Preferred stocks — — 8,070 60.9 5,189 39.1 13,259 100.0 Total $ 2,454,432 92.4 $ 138,322 5.2 $ 63,895 2.4 $ 2,656,649 100.0 As of June 30, 2017, the estimated fair value of total debt securities in an unrealized loss position included $31.6 million of bank loans, of which $30.5 million was non-investment grade; $15.9 million of high yield corporate debt securities, all of which was non-investment grade; and $28.4 million of emerging market debt securities, of which $7.8 million was non-investment grade. The credit ratings in the above tables reflect published ratings obtained from Standard & Poor’s Rating Services, DBRS, Inc., Fitch Ratings, Inc. and Moody’s Investor Services, Inc. If a security was rated differently among the rating agencies, the lowest rating was selected. Governmental agency mortgage-backed securities are not rated by any of the ratings agencies; however, these securities have been included in the above table in the “A- or higher” category because the payments of principal and interest are guaranteed by the governmental agency that issued the security.

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	Note 4 – Goodwill A summary of the changes in the carrying amount of goodwill, by operating segment, for the six months ended June 30, 2017, is as follows: (in thousands) Title Specialty Total Balance as of December 31, 2016 $ 970,652 $ 46,765 $ 1,017,417 Acquisitions 12,633 — 12,633 Foreign currency translation 2,191 — 2,191 Other adjustments (298 ) — (298 ) Balance as of June 30, 2017 $ 985,178 $ 46,765 $ 1,031,943 The Company’s four reporting units for purposes of assessing goodwill for impairment are title insurance, home warranty, property and casualty insurance and trust and other services. During the six months ended June 30, 2017 there were no triggering events that would require an impairment analysis.

Other Intangible Assets

Other Intangible Assets	6 Months Ended
	Jun. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Other Intangible Assets	Note 5 – Other Intangible Assets Other intangible assets consist of the following: (in thousands) June 30, 2017 December 31, Finite-lived intangible assets: Customer relationships $ 77,070 $ 78,542 Noncompete agreements 9,994 10,007 Trademarks 7,189 6,472 Internal-use software licenses 26,692 16,038 Patents 2,840 2,840 123,785 113,899 Accumulated amortization (62,861 ) (51,885 ) 60,924 62,014 Indefinite-lived intangible assets: Licenses 16,884 16,884 $ 77,808 $ 78,898 Amortization expense for finite-lived intangible assets was $6.5 million and $12.7 million for the three and six months ended June 30, 2017, respectively, and $3.2 million and $5.6 million for the three and six months ended June 30, 2016, respectively. Estimated amortization expense for finite-lived intangible assets for the next five years is as follows: Year (in thousands) Remainder of 2017 $ 14,288 2018 $ 13,239 2019 $ 8,617 2020 $ 4,864 2021 $ 2,976 2022 $ 2,380

Reserve for Known and Incurred

Reserve for Known and Incurred but Not Reported Claims	6 Months Ended
	Jun. 30, 2017
Insurance Loss Reserves [Abstract]
Reserve for Known and Incurred but Not Reported Claims	Note 6 – Reserve for Known and Incurred But Not Reported Claims Activity in the reserve for known and incurred but not reported claims is summarized as follows: Six months ended (in thousands) 2017 2016 Balance at beginning of period $ 1,025,863 $ 983,880 Provision related to: Current year 209,082 216,425 Prior years 4,264 13,033 213,346 229,458 Payments, net of recoveries, related to: Current year 91,915 84,495 Prior years 133,934 141,073 225,849 225,568 Other 3,872 6,994 Balance at end of period $ 1,017,232 $ 994,764 The provision for title insurance losses, expressed as a percentage of title insurance premiums and escrow fees, was 4.0% for the three and six months ended June 30, 2017 compared to 5.5% for the three and six months ended June 30, 2016. The current quarter rate of 4.0% reflects the ultimate loss rate for the current policy year and no change in the loss reserve estimates for prior policy years. The second quarter of 2016 rate of 5.5% reflected the ultimate loss rate of 5.0% for the 2016 policy year and a $5.2 million net increase in the loss reserve estimates for prior policy years. A summary of the Company’s loss reserves is as follows: (in thousands, except percentages) June 30, 2017 December 31, 2016 Known title claims $ 75,678 7.4 % $ 83,805 8.1 % Incurred but not reported claims 883,508 86.9 % 888,126 86.6 % Total title claims 959,186 94.3 % 971,931 94.7 % Non-title claims 58,046 5.7 % 53,932 5.3 % Total loss reserves $ 1,017,232 100.0 % $ 1,025,863 100.0 %

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Note 7 – Income Taxes The Company’s effective income tax rates (income tax expense as a percentage of income before income taxes) were 33.8% and 32.9% for the three and six months ended June 30, 2017, respectively, and 33.3% and 32.3% for the three and six months ended June 30, 2016, respectively. The Company’s effective tax rates differ from the statutory federal rate of 35% primarily due to changes in state and foreign income taxes resulting from fluctuations in the Company’s noninsurance and foreign subsidiaries’ contributions to pretax income and changes in the ratio of permanent differences to income before income taxes. The Company’s effective tax rate for 2017 also reflects the adoption of new accounting guidance related to the accounting for share-based payment transactions, which requires, among other items, that all excess tax benefits and tax deficiencies associated with share-based payment transactions be recorded in income tax expense rather than in additional paid-in capital, as previously required. The impact to the Company of adopting this guidance was a reduction in income tax expense of $0.3 million and $2.7 million for the three and six months ended June 30, 2017, respectively. See Note 1 Basis of Condensed Consolidated Financial Statements for further discussion of the new guidance. The Company’s effective tax rate for 2016 reflects the resolution of certain tax authority examinations and tax credits claimed in 2016 and in prior years. In connection with the Company’s June 2010 spin-off from its prior parent, which subsequently assumed the name CoreLogic, Inc. (“CoreLogic”), it entered into a tax sharing agreement which governs the Company’s and CoreLogic’s respective rights, responsibilities and obligations for certain tax related matters. At June 30, 2017 and December 31, 2016, the Company had a net payable to CoreLogic of $12.9 million and $16.3 million, respectively, related to tax matters prior to the spin-off. This amount is included in the Company’s condensed consolidated balance sheets in accounts payable and accrued liabilities. The decrease during the current year was primarily due to payments made for tax matters prior to the spin-off. The Company evaluates the realizability of its deferred tax assets by assessing the valuation allowance and makes adjustments to the allowance as necessary. The factors used to assess the likelihood of realization include the Company’s forecast of future taxable income and available tax planning strategies that could be implemented to realize the deferred tax assets. The Company’s ability or failure to achieve forecasted taxable income in the applicable taxing jurisdictions could affect the ultimate realization of deferred tax assets. Based on actual future operating results in certain jurisdictions, it is possible that the current valuation allowance positions of those jurisdictions could be adjusted in the next 12 months. As of June 30, 2017 and December 31, 2016, the liability for income taxes associated with uncertain tax positions was $18.5 million and $18.1 million, respectively. The net increase in the liability during 2017 was primarily attributable to reserves for tax positions taken by the Company. As of June 30, 2017 and December 31, 2016, the liability could be reduced by $5.7 million due to offsetting tax benefits associated with the correlative effects of potential adjustments, including timing adjustments and state income taxes. The net amounts of $12.8 million and $12.4 million as of June 30, 2017 and December 31, 2016, respectively, if recognized, would favorably affect the Company’s effective tax rate. The Company’s continuing practice is to recognize interest and penalties, if any, related to uncertain tax positions in income tax expense. As of June 30, 2017 and December 31, 2016, the Company had accrued $4.3 million and $4.1 million, respectively, of interest and penalties (net of tax benefits of $2.0 million and $1.8 million, respectively) related to uncertain tax positions. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may significantly increase or decrease within the next 12 months. Any such change may be the result of ongoing audits or the expiration of federal and state statutes of limitations for the assessment of taxes. The Company, or one of its subsidiaries, files income tax returns in the U.S. federal jurisdiction, various state jurisdictions, and various non-U.S. jurisdictions. The primary non-federal jurisdictions are California, Canada, India and the United Kingdom. During 2016, the Company concluded U.S. federal income tax examinations for calendar years 2005 through 2013. The Company is generally no longer subject to U.S. federal, state and non-U.S. income tax examinations for years prior to 2005.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Note 8 – Earnings Per Share The computation of basic and diluted earnings per share is as follows: Three Months Ended Six Months Ended (in thousands, except per share amounts) 2017 2016 2017 2016 Numerator Net income attributable to the Company $ 122,257 $ 102,149 $ 180,539 $ 154,650 Denominator Basic weighted-average shares 111,549 110,480 111,374 110,327 Effect of dilutive employee stock options and 650 498 652 515 Diluted weighted-average shares 112,199 110,978 112,026 110,842 Net income per share attributable to the Company’s stockholders Basic $ 1.10 $ 0.92 $ 1.62 $ 1.40 Diluted $ 1.09 $ 0.92 $ 1.61 $ 1.40 For the three and six months ended June 30, 2017 and 2016, 2 thousand RSUs and 1 thousand RSUs, respectively, were excluded from weighted-average diluted common shares outstanding due to their antidilutive effect.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans	Note 9 – Employee Benefit Plans Net periodic cost related to the Company’s defined benefit pension and supplemental benefit plans includes the following components: Three Months Ended Six Months Ended (in thousands) 2017 2016 2017 2016 Expense: Service costs $ 183 $ 260 $ 367 $ 521 Interest costs 4,458 6,037 9,099 12,001 Expected return on plan assets (2,370 ) (3,073 ) (4,740 ) (6,167 ) Amortization of net actuarial loss 6,902 7,073 13,834 14,110 Amortization of prior service credit (1,012 ) (1,211 ) (2,223 ) (2,422 ) $ 8,161 $ 9,086 $ 16,337 $ 18,043 Pension termination and settlement In May 2016, the Company’s board of directors terminated the Company’s funded defined benefit pension plan known as the First American Financial Corporation Pension Plan, effective as of July 31, 2016. The pension plan was closed to new entrants effective December 31, 2001 and amended to “freeze” all benefit accruals as of April 30, 2008. Also, in May 2016, a subsidiary of the Company terminated its small regional funded defined benefit pension plan effective as of August 31, 2016. All financial impacts discussed below reflect the termination of both pension plans. The pension plans offer participants annuity payments based on a number of factors and, for certain participants, an alternative lump sum distribution option. During 2016, the Company offered lump sum distributions to certain participants, which were settled by the pension plans in the fourth quarter. The Company made additional cash contributions in 2016 of $84.8 million above scheduled amounts and recognized $66.3 million in settlement costs during the fourth quarter of 2016 related to distributions of pension plan assets totaling $127.2 million to participants electing lump sum payments. The Company made cash contributions of $34.0 million in March 2017 to fully fund its pension obligation. In July 2017, the Company completed the transfer of all remaining benefit obligations related to the pension plans to a highly rated insurance company. As a result, the Company will recognize approximately $153 million of pension expense in the condensed consolidated statements of income in the third quarter of 2017.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value Measurements	Note 10 – Fair Value Measurements Certain of the Company’s assets are carried at fair value. Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company categorizes its assets and liabilities carried at fair value using a three-level hierarchy for fair value measurements that distinguishes between market participant assumptions developed based on market data obtained from sources independent of the Company (observable inputs) and the Company’s own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The hierarchy for inputs used in determining fair value maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that observable inputs be used when available. The hierarchy level assigned to the assets and liabilities is based on management’s assessment of the transparency and reliability of the inputs used to estimate the fair values at the measurement date. The three hierarchy levels are defined as follows: Level 1—Valuations based on unadjusted quoted market prices in active markets for identical assets or liabilities. Level 2—Valuations based on observable inputs (other than Level 1 prices), such as quoted prices for similar assets or liabilities at the measurement date; quoted prices in markets that are not active; or other inputs that are observable, either directly or indirectly. Level 3—Valuations based on inputs that are unobservable and significant to the overall fair value measurement, and involve management judgment. If the inputs used to measure fair value fall into different levels of the fair value hierarchy, the hierarchy level assigned is based upon the lowest level of input that is significant to the fair value measurement. Assets measured at fair value on a recurring basis The valuation techniques and inputs used by the Company to estimate the fair value of assets measured on a recurring basis are summarized as follows: Debt securities The fair values of debt securities were based on the market values obtained from independent pricing services that were evaluated using pricing models that vary by asset class and incorporate available trade, bid and other market information and price quotes from well-established independent broker-dealers. The independent pricing services monitor market indicators, industry and economic events, and for broker-quoted only securities, obtain quotes from market makers or broker-dealers that they recognize to be market participants. The pricing services utilize the market approach in determining the fair value of the debt securities held by the Company. The Company obtains an understanding of the valuation models and assumptions utilized by the services and has controls in place to determine that the values provided represent fair value. The Company’s validation procedures include comparing prices received from the pricing services to quotes received from other third party sources for certain securities with market prices that are readily verifiable. If the price comparison results in differences over a predefined threshold, the Company will assess the reasonableness of the changes relative to prior periods given the prevailing market conditions and assess changes in the issuers’ credit worthiness, performance of any underlying collateral and prices of the instrument relative to similar issuances. To date, the Company has not made any material adjustments to the fair value measurements provided by the pricing services. Typical inputs and assumptions to pricing models used to value the Company’s U.S. Treasury bonds, municipal bonds, foreign government bonds, governmental agency bonds, governmental agency mortgage-backed securities and U.S. and foreign corporate debt securities include, but are not limited to, benchmark yields, reported trades, broker-dealer quotes, credit spreads, credit ratings, bond insurance (if applicable), benchmark securities, bids, offers, reference data and industry and economic events. For mortgage-backed securities, inputs and assumptions may also include the structure of issuance, characteristics of the issuer, collateral attributes and prepayment speeds. Certain corporate debt securities were not actively traded and there were fewer observable inputs available requiring the use of more judgment in determining their fair values, which resulted in their classification as Level 3. Equity securities The fair values of equity securities, including preferred and common stocks, were based on quoted market prices for identical assets that are readily and regularly available in an active market. The following tables present the fair values of the Company’s assets, measured on a recurring basis, as of June 30, 2017 and December 31, 2016: (in thousands) Total Level 1 Level 2 Level 3 June 30, 2017 Assets: Debt securities: U.S. Treasury bonds $ 167,875 $ — $ 167,875 $ — Municipal bonds 1,083,831 — 1,083,831 — Foreign government bonds 144,816 — 144,816 — Governmental agency bonds 217,118 — 217,118 — Governmental agency mortgage-backed securities 2,268,812 — 2,268,812 — U.S. corporate debt securities 721,439 — 703,311 18,128 Foreign corporate debt securities 245,704 — 243,789 1,915 4,849,595 — 4,829,552 20,043 Equity securities: Preferred stocks 17,539 17,539 — — Common stocks 409,249 409,249 — — 426,788 426,788 — — Total assets $ 5,276,383 $ 426,788 $ 4,829,552 $ 20,043 (in thousands) Total Level 1 Level 2 Level 3 December 31, 2016 Assets: Debt securities: U.S. Treasury bonds $ 151,391 $ — $ 151,391 $ — Municipal bonds 984,333 — 984,333 — Foreign government bonds 140,048 — 140,048 — Governmental agency bonds 193,868 — 193,868 — Governmental agency mortgage-backed securities 2,163,673 — 2,163,673 — U.S. corporate debt securities 678,524 — 631,859 46,665 Foreign corporate debt securities 241,526 — 235,258 6,268 4,553,363 — 4,500,430 52,933 Equity securities: Preferred stocks 15,582 15,582 — — Common stocks 388,503 388,503 — — 404,085 404,085 — — Total assets $ 4,957,448 $ 404,085 $ 4,500,430 $ 52,933 There were no transfers between Levels 1 and 2 during the three and six months ended June 30, 2017 and 2016. Transfers into or out of the Level 3 category occur when unobservable inputs become more or less significant to the fair value measurement. For the three and six months ended June 30, 2017 and 2016, transfers between Level 2 and Level 3 were based on market liquidity and related transparency of pricing and associated observable inputs for certain of the Company’s corporate debt securities. The Company’s policy is to recognize transfers between levels in the fair value hierarchy at the end of the reporting period. The following table presents a summary of the changes in the fair values of Level 3 assets, measured on a recurring basis, for the three months ended June 30, 2017 and 2016: June 30, 2017 June 30, 2016 (in thousands) U.S. corporate debt securities Foreign corporate debt securities Total U.S. corporate debt securities Foreign corporate debt securities Total Fair value at beginning of period $ 13,434 $ 2,862 $ 16,296 $ 14,993 $ 1,332 $ 16,325 Transfers into Level 3 4,658 — 4,658 2,948 — 2,948 Transfers out of Level 3 (1,235 ) (525 ) (1,760 ) (5,840 ) (762 ) (6,602 ) Net realized and unrealized gains (losses): Included in earnings 15 3 18 (36 ) — (36 ) Included in other comprehensive income (loss) (92 ) (5 ) (97 ) 179 55 234 Purchases 4,521 — 4,521 4,640 100 4,740 Sales (404 ) (156 ) (560 ) (1,446 ) — (1,446 ) Settlements (2,769 ) (264 ) (3,033 ) (945 ) (2 ) (947 ) Fair value at end of period $ 18,128 $ 1,915 $ 20,043 $ 14,493 $ 723 $ 15,216 The following table presents a summary of the changes in the fair values of Level 3 assets, measured on a recurring basis, for the six months ended June 30, 2017 and 2016: June 30, 2017 June 30, 2016 (in thousands) U.S. corporate debt securities Foreign corporate debt securities Total U.S. corporate debt securities Foreign corporate debt securities Total Fair value at beginning of period $ 46,665 $ 6,268 $ 52,933 $ 43,567 $ 6,572 $ 50,139 Transfers into Level 3 300 — 300 857 — 857 Transfers out of Level 3 (26,543 ) (2,569 ) (29,112 ) (33,372 ) (3,773 ) (37,145 ) Net realized and unrealized gains (losses): Included in earnings 91 8 99 (111 ) (35 ) (146 ) Included in other comprehensive income (loss) (380 ) (49 ) (429 ) 667 (9 ) 658 Purchases 9,262 551 9,813 7,993 100 8,093 Sales (2,383 ) (769 ) (3,152 ) (3,473 ) (1,049 ) (4,522 ) Settlements (8,884 ) (1,525 ) (10,409 ) (1,635 ) (1,083 ) (2,718 ) Fair value at end of period $ 18,128 $ 1,915 $ 20,043 $ 14,493 $ 723 $ 15,216 Financial instruments not measured at fair value In estimating the fair values of its financial instruments not measured at fair value, the Company used the following methods and assumptions: Cash and cash equivalents The carrying amount for cash and cash equivalents is a reasonable estimate of fair value due to the short-term maturity of these investments. Deposits with banks The fair value of deposits with banks is estimated based on rates currently offered for deposits of similar remaining maturities, where applicable. Notes receivable, net The fair value of notes receivable, net is estimated based on current market rates being offered for notes with similar maturities and credit quality. Deposits The carrying value of escrow and other deposit accounts approximates fair value due to the short-term nature of these liabilities. Notes and contracts payable The fair value of notes and contracts payable is estimated based on current rates offered to the Company for debt of similar remaining maturities. The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments not measured at fair value as of June 30, 2017 and December 31, 2016: Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 June 30, 2017 Assets: Cash and cash equivalents $ 1,166,764 $ 1,166,764 $ 1,166,764 $ — $ — Deposits with banks $ 21,762 $ 21,715 $ 255 $ 21,460 $ — Notes receivable, net $ 7,890 $ 7,745 $ — $ — $ 7,745 Liabilities: Deposits $ 3,097,796 $ 3,097,796 $ 3,097,796 $ — $ — Notes and contracts payable $ 734,455 $ 754,104 $ — $ 749,923 $ 4,181 Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2016 Assets: Cash and cash equivalents $ 1,006,138 $ 1,006,138 $ 1,006,138 $ — $ — Deposits with banks $ 21,222 $ 21,176 $ 1,017 $ 20,159 $ — Notes receivable, net $ 7,799 $ 7,542 $ — $ — $ 7,542 Liabilities: Deposits $ 2,779,478 $ 2,779,478 $ 2,779,478 $ — $ — Notes and contracts payable $ 736,693 $ 734,812 $ — $ 729,658 $ 5,154

Share-Based Compensation Plans

Share-Based Compensation Plans	6 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation	Note 11 – Share-Based Compensation The following table presents compensation expense associated with the Company’s share-based compensation plans: Three Months Ended Six Months Ended (in thousands) 2017 2016 2017 2016 Expense: RSUs $ 6,754 $ 5,384 $ 22,769 $ 20,365 Stock options 67 68 134 135 Employee stock purchase plan 726 658 1,677 1,468 $ 7,547 $ 6,110 $ 24,580 $ 21,968 The following table summarizes RSU activity for the six months ended June 30, 2017: (in thousands, except weighted-average grant-date fair value) Shares Weighted-average fair value RSUs unvested at December 31, 2016 1,510 $ 33.38 Granted during 2017 868 $ 39.29 Vested during 2017 (834 ) $ 34.22 Forfeited during 2017 (5 ) $ 32.78 RSUs unvested at June 30, 2017 1,539 $ 36.26

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) ("AOCI")	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income (Loss) ("AOCI")	Note 12 – Accumulated Other Comprehensive Income (Loss) (“AOCI”) The following table presents a summary of the changes in each component of AOCI for the six months ended June 30, 2017: (in thousands) Unrealized gains (losses) on securities Foreign currency translation adjustment Pension benefit adjustment Accumulated other comprehensive income (loss) Balance at December 31, 2016 $ (26,760 ) $ (63,576 ) $ (140,057 ) $ (230,393 ) Change in unrealized gains (losses) on securities 59,140 — — 59,140 Change in foreign currency translation adjustment — 12,143 — 12,143 Amortization of net actuarial loss — — 13,834 13,834 Amortization of prior service credit — — (2,223 ) (2,223 ) Tax effect (21,055 ) — (4,441 ) (25,496 ) Balance at June 30, 2017 $ 11,325 $ (51,433 ) $ (132,887 ) $ (172,995 ) Allocated to the Company $ 11,311 $ (51,433 ) $ (132,887 ) $ (173,009 ) Allocated to noncontrolling interests 14 — — 14 Balance at June 30, 2017 $ 11,325 $ (51,433 ) $ (132,887 ) $ (172,995 ) The following table presents the other comprehensive income (loss) reclassification adjustments for the three months ended June 30, 2017 and 2016: (in thousands) Unrealized gains (losses) on securities Foreign currency translation adjustment Pension benefit adjustment Total other comprehensive income (loss) Three Months Ended June 30, 2017 Pretax change before reclassifications $ 34,237 $ 8,709 $ — $ 42,946 Reclassifications out of AOCI (14,729 ) — 5,890 (8,839 ) Tax effect (6,874 ) — (2,253 ) (9,127 ) Total other comprehensive income (loss), net of tax $ 12,634 $ 8,709 $ 3,637 $ 24,980 Three Months Ended June 30, 2016 Pretax change before reclassifications $ 34,987 $ (5,579 ) $ — $ 29,408 Reclassifications out of AOCI (7,242 ) — 5,862 (1,380 ) Tax effect (10,064 ) — (2,241 ) (12,305 ) Total other comprehensive income (loss), net of tax $ 17,681 $ (5,579 ) $ 3,621 $ 15,723 The following table presents the other comprehensive income (loss) reclassification adjustments for the six months ended June 30, 2017 and 2016: (in thousands) Unrealized gains (losses) on securities Foreign currency translation adjustment Pension benefit adjustment Total other comprehensive income (loss) Six Months Ended June 30, 2017 Pretax change before reclassifications $ 72,930 $ 12,143 $ — $ 85,073 Reclassifications out of AOCI (13,790 ) — 11,611 (2,179 ) Tax effect (21,055 ) — (4,441 ) (25,496 ) Total other comprehensive income (loss), net of tax $ 38,085 $ 12,143 $ 7,170 $ 57,398 Six Months Ended June 30, 2016 Pretax change before reclassifications $ 84,781 $ 6,525 $ — $ 91,306 Reclassifications out of AOCI (5,143 ) — 11,688 6,545 Tax effect (30,130 ) — (4,471 ) (34,601 ) Total other comprehensive income (loss), net of tax $ 49,508 $ 6,525 $ 7,217 $ 63,250 The following table presents the effect of the reclassifications out of AOCI on the respective line items in the condensed consolidated statements of income: Amounts reclassified from AOCI (in thousands) Three Months Ended June 30, Six Months Ended June 30, Affected line items in the condensed 2017 2016 2017 2016 consolidated statements of income Unrealized gains (losses) on securities: Net realized gains on $ 14,729 $ 7,242 $ 13,790 $ 5,628 Net realized investment gains Net other-than-temporary impairment losses — — — (485 ) Net realized investment gains Pretax total $ 14,729 $ 7,242 $ 13,790 $ 5,143 Tax effect $ (5,244 ) $ (2,740 ) $ (5,274 ) $ (1,967 ) Pension benefit adjustment: Amortization of net actuarial loss $ (6,902 ) $ (7,073 ) $ (13,834 ) $ (14,110 ) (1 ) Amortization of prior service 1,012 1,211 2,223 2,422 (1 ) Pretax total $ (5,890 ) $ (5,862 ) $ (11,611 ) $ (11,688 ) Tax effect $ 2,253 $ 2,241 $ 4,441 $ 4,471 (1) These components of AOCI are included in the computation of net periodic cost. See Note 9 Employee Benefit Plans for additional details.

Litigation and Regulatory Conti

Litigation and Regulatory Contingencies	6 Months Ended
	Jun. 30, 2017
Commitments And Contingencies Disclosure [Abstract]
Litigation and Regulatory Contingencies	Note 13 – Litigation and Regulatory Contingencies The Company and its subsidiaries are parties to a number of non-ordinary course lawsuits. These lawsuits frequently are similar in nature to other lawsuits pending against the Company’s competitors. For those non-ordinary course lawsuits where the Company has determined that a loss is both probable and reasonably estimable, a liability representing the best estimate of the Company’s financial exposure based on known facts has been recorded. Actual losses may materially differ from the amounts recorded. For a substantial majority of these lawsuits, however, it is not possible to assess the probability of loss. Most of these lawsuits are putative class actions which require a plaintiff to satisfy a number of procedural requirements before proceeding to trial. These requirements include, among others, demonstration to a court that the law proscribes in some manner the Company’s activities, the making of factual allegations sufficient to suggest that the Company’s activities exceeded the limits of the law and a determination by the court—known as class certification—that the law permits a group of individuals to pursue the case together as a class. In certain instances the Company may also be able to compel the plaintiff to arbitrate its claim on an individual basis. If these procedural requirements are not met, either the lawsuit cannot proceed or, as is the case with class certification or compelled arbitration, the plaintiffs lose the financial incentive to proceed with the case (or the amount at issue effectively becomes de minimis). Frequently, a court’s determination as to these procedural requirements is subject to appeal to a higher court. As a result of, among other factors, ambiguities and inconsistencies in the myriad laws applicable to the Company’s business and the uniqueness of the factual issues presented in any given lawsuit, the Company often cannot determine the probability of loss until a court has finally determined that a plaintiff has satisfied applicable procedural requirements. Furthermore, because most of these lawsuits are putative class actions, it is often impossible to estimate the possible loss or a range of loss amounts, even where the Company has determined that a loss is reasonably possible. Generally class actions involve a large number of people and the effort to determine which people satisfy the requirements to become plaintiffs—or class members—is often time consuming and burdensome. Moreover, these lawsuits raise complex factual issues which result in uncertainty as to their outcome and, ultimately, make it difficult for the Company to estimate the amount of damages which a plaintiff might successfully prove. In addition, many of the Company’s businesses are regulated by various federal, state, local and foreign governmental agencies and are subject to numerous statutory guidelines. These regulations and statutory guidelines often are complex, inconsistent or ambiguous, which results in additional uncertainty as to the outcome of a given lawsuit—including the amount of damages a plaintiff might be afforded—or makes it difficult to analogize experience in one case or jurisdiction to another case or jurisdiction. Most of the non-ordinary course lawsuits to which the Company and its subsidiaries are parties challenge practices in the Company’s title insurance business, though a limited number of cases also pertain to the Company’s other businesses. These lawsuits include, among others, cases alleging, among other assertions, that the Company, one of its subsidiaries and/or one of its agents: • charged an improper rate for title insurance in a refinance transaction, including • Lewis v. First American Title Insurance Company, filed on November 28, 2006 and pending in the United States District Court for the District of Idaho. A court has granted class certification in Lewis. For the reasons stated above, the Company has been unable to assess the probability of loss or estimate the possible loss or the range of loss. • misclassified certain employees, including • Cruz v. First American Financial Corporation, et al., filed on November 25, 2015 and pending in the Superior Court of the State of California, County of Orange, • Sager v. Interthinx, Inc., filed on January 23, 2015 and pending in the Superior Court of the State of California, County of Los Angeles, and • Weber v. Interthinx, Inc., et al., filed on April 17, 2015 and pending in the United States District Court for the Eastern District of Missouri. These lawsuits are putative class actions for which a class has not been certified. For the reasons described above, as well as the applicability of certain indemnification rights the Company may have, the Company has not yet been able to assess the probability of loss or estimate the possible loss or the range of loss or, where the Company has been able to make an estimate, the Company believes the amount is not material to the condensed consolidated financial statements as a whole. • overcharged or improperly charged fees for products and services, conspired to fix prices, participated in the conveyance of illusory property interests, denied home warranty claims, improperly handled property and casualty claims, and gave items of value to brokers and others as inducements to refer business in violation of certain laws, such as consumer protection laws and laws generally prohibiting unfair business practices, and certain obligations, including • Chavez v. First American Specialty Insurance Company, filed on June 29, 2017 and pending in the Superior Court of the State of California, County of Los Angeles, • Downing v. First American Title Insurance Company, et al., filed on July 26, 2016 and pending in the United States District Court for the Northern District of Georgia, • Kaufman v. First American Financial Corporation, et al., filed on December 21, 2007 and pending in the Superior Court of the State of California, County of Los Angeles, • Kirk v. First American Financial Corporation, et al., filed on June 15, 2006 and pending in the Superior Court of the State of California, County of Los Angeles, • Lennen v. First American Financial Corporation, et al., filed on May 19, 2016 and pending in the United States District court for the Middle District of Florida, • McCormick v. First American Real Estate Services, Inc., et al., filed on December 31, 2015 and pending in the Superior Court of the State of California, County of Orange, • Sjobring v. First American Financial Corporation, et al., filed on February 25, 2005 and pending in the Superior Court of the State of California, County of Los Angeles, • Tenefufu vs. First American Specialty Insurance Company, filed on June 1, 2017, pending in the Superior Court of the State of California, County of Sacramento, • Wilmot v. First American Financial Corporation, et al., filed on April 20, 2007 and pending in the Superior Court of the State of California, County of Los Angeles, and • In re First American Home Buyers Protection Corporation, consolidated on October 9, 2014 and pending in the United States District Court for the Southern District of California. All of these lawsuits, except Kaufman, Kirk and Sjobring, are putative class actions for which a class has not been certified. In Kaufman a class was certified but that certification was subsequently vacated. A trial of the Kirk matter has concluded and the judgment has been affirmed on appeal. For the reasons described above, the Company has not yet been able to assess the probability of loss or estimate the possible loss or the range of loss or, where the Company has been able to make an estimate, the Company believes the amount is not material to the condensed consolidated financial statements as a whole. While some of the lawsuits described above may be material to the Company’s operating results in any particular period if an unfavorable outcome results, the Company does not believe that any of these lawsuits will have a material adverse effect on the Company’s overall financial condition or liquidity. The Company also is a party to non-ordinary course lawsuits other than those described above. With respect to these lawsuits, the Company has determined either that a loss is not reasonably possible or that the estimated loss or range of loss, if any, is not material to the condensed consolidated financial statements as a whole. The Company’s title insurance, property and casualty insurance, home warranty, banking, thrift, trust and investment advisory businesses are regulated by various federal, state and local governmental agencies. Many of the Company’s other businesses operate within statutory guidelines. Consequently, the Company may from time to time be subject to examination or investigation by such governmental agencies. Currently, governmental agencies are examining or investigating certain of the Company’s operations. These exams or investigations include inquiries into, among other matters, pricing and rate setting practices in the title insurance industry, competition in the title insurance industry, real estate settlement service, customer acquisition and retention practices and agency relationships. With respect to matters where the Company has determined that a loss is both probable and reasonably estimable, the Company has recorded a liability representing its best estimate of the financial exposure based on known facts. While the ultimate disposition of each such exam or investigation is not yet determinable, the Company does not believe that individually or in the aggregate they will have a material adverse effect on the Company’s financial condition, results of operations or cash flows. These exams or investigations could, however, result in changes to the Company’s business practices which could ultimately have a material adverse impact on the Company’s financial condition, results of operations or cash flows. The Company’s Canadian operations provide certain services to lenders which it believes to be exempt from excise tax under applicable Canadian tax laws. However, in October 2014, the Canadian taxing authority provided internal guidance that the services in question should be subject to the excise tax. While discussions with the taxing authority are ongoing, the Company believes that the guidance may result in an assessment. The amount, if any, of such assessment is not currently known, and any such assessment would be subject to negotiation. In the event that the Company disagrees with the ultimate assessment, the Company intends to avail itself of avenues of appeal. While the Company believes it is reasonably likely that the Company would prevail on the merits, a loss associated with the matter is possible. In light of the foregoing, the Company is not currently able to reasonably estimate a loss or range of loss associated with the matter. While such a loss could be material to the Company’s operating results in any particular period if an unfavorable outcome results, the Company does not believe that this matter will have a material adverse effect on the Company’s overall financial condition or liquidity. The Company and its subsidiaries also are involved in numerous ongoing routine legal and regulatory proceedings related to their operations. With respect to each of these proceedings, the Company has determined either that a loss is not reasonably possible or that the estimated loss or range of loss, if any, is not material to the condensed consolidated financial statements as a whole.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Segment Information	Note 14 – Segment Information The Company consists of the following reportable segments and a corporate function: • The Company’s title insurance and services segment issues title insurance policies on residential and commercial property in the United States and offers similar or related products and services internationally. This segment also provides closing and/or escrow services; accommodates tax-deferred exchanges of real estate; provides products, services and solutions involving the use of real property related data designed to mitigate risk or otherwise facilitate real estate transactions; maintains, manages and provides access to title plant records and images; provides evidence of title; and provides banking, trust, document custodial and investment advisory services. The Company, through its principal title insurance subsidiary and such subsidiary’s affiliates, transacts its title insurance business through a network of direct operations and agents. Through this network, the Company issues policies in the 49 states that permit the issuance of title insurance policies and the District of Columbia. The Company also offers title insurance and other insurance and guarantee products, as well as related settlement services in foreign countries, including Canada, the United Kingdom, Australia, South Korea and various other established and emerging markets. • The Company’s specialty insurance segment issues property and casualty insurance policies and sells home warranty products. The property and casualty insurance business provides insurance coverage to residential homeowners and renters for liability losses and typical hazards such as fire, theft, vandalism and other types of property damage. This business is licensed to issue policies in all 50 states and the District of Columbia and actively issues policies in 47 states. The majority of policy liability is in the western United States, including approximately 65% in California. In certain markets it also offers preferred risk auto insurance to better compete with other carriers offering bundled home and auto insurance. The home warranty business provides residential service contracts that cover residential systems, such as heating and air conditioning systems, and certain appliances against failures that occur as the result of normal usage during the coverage period. This business currently operates in 39 states and the District of Columbia. The corporate function consists primarily of certain financing facilities as well as the corporate services that support the Company’s business operations. Selected financial information about the Company’s operations, by segment, is as follows: For the three months ended June 30, 2017: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 1,336,910 $ 197,305 $ 28,557 $ 35,916 Specialty Insurance 115,162 9,560 1,547 2,609 Corporate 2,646 (22,711 ) 41 — Eliminations (289 ) — — — $ 1,454,429 $ 184,154 $ 30,145 $ 38,525 For the three months ended June 30, 2016: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 1,255,922 $ 172,437 $ 22,439 $ 29,696 Specialty Insurance 104,424 4,718 1,459 1,468 Corporate 1,202 (23,548 ) 96 — Eliminations (15 ) — — — $ 1,361,533 $ 153,607 $ 23,994 $ 31,164 For the six months ended June 30, 2017: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 2,539,857 $ 295,548 $ 57,108 $ 66,309 Specialty Insurance 225,427 19,601 3,098 3,782 Corporate 6,764 (47,115 ) 86 — Eliminations (576 ) — — — $ 2,771,472 $ 268,034 $ 60,292 $ 70,091 F or the six months ended June 30, 2016: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 2,354,391 $ 260,111 $ 43,515 $ 57,939 Specialty Insurance 207,465 16,962 2,707 3,083 Corporate 1,410 (47,874 ) 192 — Eliminations (21 ) — — — $ 2,563,245 $ 229,199 $ 46,414 $ 61,022

Basis of Condensed Consolidat22

Basis of Condensed Consolidated Financial Statements (Policies)	6 Months Ended
	Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In October 2016, the Financial Accounting Standards Board (“FASB”) issued updated guidance to amend the consolidation guidance on how a reporting entity that is the single decision maker of a variable interest entity should treat indirect interests in the entity held through related parties that are under common control with the reporting entity when determining whether it is the primary beneficiary of that variable interest entity. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016. The adoption of this guidance had no impact on the Company’s condensed consolidated financial statements. In March 2016, the FASB issued updated guidance intended to simplify and improve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of such awards as either equity or liabilities and classification on the statement of cash flows. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016. While the adoption of this guidance did have an impact on the Company’s effective income tax rate for 2017, it did not have a material impact on the Company’s condensed consolidated financial statements. See Note 7 Income Taxes for further discussion of the Company’s effective income tax rates. Beginning in 2017, excess tax benefits from share-based compensation are presented in the condensed consolidated statements of cash flows in cash flows from operating activities within net change in income tax accounts. In March 2016, the FASB issued updated guidance intended to simplify the accounting treatment for investments that become qualified for the equity method of accounting as a result of an increase in the level of ownership interest or degree of influence. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2016. The adoption of this guidance had no impact on the Company’s condensed consolidated financial statements.
Pending Accounting Pronouncements	Pending Accounting Pronouncements In May 2017, the FASB issued updated guidance intended to reduce diversity in practice by clarifying which changes to the terms or conditions of a share-based payment award require an entity to apply modification accounting. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In March 2017, the FASB issued updated guidance to amend the amortization period for certain purchased callable debt securities held at a premium to shorten the amortization period for the premium to the earliest call date. The updated guidance is intended to more closely align the amortization period of premiums and discounts to expectations incorporated in market pricing on the underlying securities, and is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In March 2017, the FASB issued updated guidance intended to improve the presentation of net periodic pension cost and net periodic postretirement benefit cost through the disaggregation of the service cost component from the other components of net benefit cost. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In January 2017, the FASB issued updated guidance intended to simplify how an entity tests goodwill for impairment by eliminating Step 2 from the goodwill impairment test. Under the updated guidance, an entity will perform its goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value, with the loss recognized limited to the total amount of goodwill allocated to that reporting unit. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In January 2017, the FASB issued updated guidance to clarify the definition of a business with the objective of providing guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In November 2016, the FASB issued updated guidance intended to reduce the diversity in practice on presenting restricted cash or restricted cash equivalents in the statement of cash flows. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In October 2016, the FASB issued updated guidance intended to simplify and improve the accounting for the income tax consequences of intra-entity transfers of assets other than inventory. The updated guidance, which eliminates the intra-entity transfers exception, requires entities to recognize the income tax consequences of intra-entity transfers of assets, other than inventory, when the transfers occur. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated financial statements. In August 2016, the FASB issued updated guidance intended to eliminate the diversity in practice regarding the presentation and classification of certain cash receipts and cash payments in the statement of cash flows. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted. The Company does not expect the adoption of this guidance to have a material impact on its condensed consolidated statements of cash flows. In June 2016, the FASB issued updated guidance intended to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. The updated guidance replaces the current incurred loss impairment methodology with a methodology that reflects expected credit losses and requires the consideration of a broader range of reasonable and supportable information to inform credit loss estimates. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. The Company is currently assessing the impact of the new guidance on its condensed consolidated financial statements. In February 2016, the FASB issued updated guidance that requires the rights and obligations associated with leasing arrangements be reflected on the balance sheet in order to increase transparency and comparability among organizations. Under the updated guidance, lessees will be required to recognize a right-of-use asset and a liability to make lease payments and disclose key information about leasing arrangements. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. While the Company is currently evaluating the impact the new guidance will have on its condensed consolidated financial statements, the Company expects the adoption of the new guidance will result in a material increase in the assets and liabilities on its condensed consolidated balance sheets and will likely have an insignificant impact on its condensed consolidated statements of income and statements of cash flows. In January 2016, the FASB issued updated guidance intended to enhance the reporting model for financial instruments to provide users of financial statements with more decision-useful information. In addition to making other targeted improvements to current guidance, the updated guidance also requires all equity investments, except those accounted for under the equity method of accounting or those that result in consolidation of the investee, to be measured at fair value with changes in the fair value recognized through net income. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption permitted in certain circumstances. While the Company expects the adoption of this guidance to impact its condensed consolidated statements of income, the materiality of the impact will depend upon the size of, and level of volatility experienced within, the Company’s equity portfolio. In May 2014, the FASB issued updated guidance for recognizing revenue from contracts with customers to provide a single, comprehensive revenue recognition model for all contracts with customers to improve comparability within and across industries, and across capital markets. The new revenue standard contains principles that an entity will apply to determine the measurement of revenue and the timing of recognition. The underlying principle is that an entity will recognize revenue to depict the transfer of goods or services to customers at an amount that the entity expects to be entitled to in exchange for those goods or services. Revenue from insurance contracts is not within the scope of this guidance. In August 2015, the FASB issued updated guidance which defers the effective date of this guidance by one year. In 2016, the FASB issued additional updates to the new guidance primarily to clarify, among other things, the implementation guidance related to principal versus agent considerations, identifying performance obligations, accounting for licenses of intellectual property, and to provide narrow-scope improvements and additional practical expedients. In February 2017, the FASB issued an additional update to the new guidance to clarify the scope of derecognition guidance for nonfinancial assets and to provide guidance for partial sales of nonfinancial assets. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2017, with early adoption prohibited. The Company expects to adopt the new guidance under the modified retrospective approach and, based on a preliminary assessment, does not expect the new guidance to have a material impact on its condensed consolidated financial statements.

Debt and Equity Securities (Tab

Debt and Equity Securities (Tables)	6 Months Ended
	Jun. 30, 2017
Gross Unrealized Losses on Investments in Debt and Equity Securities	Gross unrealized losses on investments in debt and equity securities are as follows: Less than 12 months 12 months or longer Total (in thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized June 30, 2017 Debt securities: U.S. Treasury bonds $ 103,246 $ (1,455 ) $ 186 $ (29 ) $ 103,432 $ (1,484 ) Municipal bonds 417,676 (12,676 ) 21,707 (809 ) 439,383 (13,485 ) Foreign government bonds 94,332 (1,149 ) 350 (42 ) 94,682 (1,191 ) Governmental agency bonds 154,574 (2,337 ) 5,353 (479 ) 159,927 (2,816 ) Governmental agency mortgage-backed securities 977,367 (11,731 ) 649,022 (7,646 ) 1,626,389 (19,377 ) U.S. corporate debt securities 160,663 (2,179 ) 15,406 (552 ) 176,069 (2,731 ) Foreign corporate debt securities 42,068 (271 ) 1,440 (58 ) 43,508 (329 ) Total debt securities 1,949,926 (31,798 ) 693,464 (9,615 ) 2,643,390 (41,413 ) Equity securities 70,904 (1,451 ) 23,259 (1,818 ) 94,163 (3,269 ) Total $ 2,020,830 $ (33,249 ) $ 716,723 $ (11,433 ) $ 2,737,553 $ (44,682 ) December 31, 2016 Debt securities: U.S. Treasury bonds $ 111,748 $ (4,466 ) $ — $ — $ 111,748 $ (4,466 ) Municipal bonds 635,531 (26,317 ) 16,485 (349 ) 652,016 (26,666 ) Foreign government bonds 63,044 (2,371 ) 324 (68 ) 63,368 (2,439 ) Governmental agency bonds 148,112 (4,166 ) — — 148,112 (4,166 ) Governmental agency mortgage-backed securities 1,295,790 (19,097 ) 432,349 (7,695 ) 1,728,139 (26,792 ) U.S. corporate debt securities 193,533 (4,560 ) 24,499 (881 ) 218,032 (5,441 ) Foreign corporate debt securities 78,658 (1,150 ) 8,154 (340 ) 86,812 (1,490 ) Total debt securities 2,526,416 (62,127 ) 481,811 (9,333 ) 3,008,227 (71,460 ) Equity securities 70,261 (1,173 ) 59,019 (6,871 ) 129,280 (8,044 ) Total $ 2,596,677 $ (63,300 ) $ 540,830 $ (16,204 ) $ 3,137,507 $ (79,504 )
Investments in Debt Securities	Investments in debt securities at June 30, 2017, by contractual maturities, are as follows: (in thousands) Due in one Due after Due after Due after Total U.S. Treasury bonds Amortized cost $ 52,472 $ 41,859 $ 29,565 $ 43,874 $ 167,770 Estimated fair value $ 52,418 $ 41,715 $ 29,570 $ 44,172 $ 167,875 Municipal bonds Amortized cost $ 58,674 $ 323,768 $ 251,017 $ 450,918 $ 1,084,377 Estimated fair value $ 58,781 $ 326,946 $ 254,934 $ 443,170 $ 1,083,831 Foreign government bonds Amortized cost $ 7,505 $ 112,018 $ 9,665 $ 16,265 $ 145,453 Estimated fair value $ 7,536 $ 111,903 $ 9,727 $ 15,650 $ 144,816 Governmental agency bonds Amortized cost $ 14,774 $ 107,546 $ 56,645 $ 39,833 $ 218,798 Estimated fair value $ 14,756 $ 106,804 $ 56,114 $ 39,444 $ 217,118 U.S. corporate debt securities Amortized cost $ 33,138 $ 295,993 $ 313,191 $ 69,474 $ 711,796 Estimated fair value $ 33,271 $ 299,004 $ 317,260 $ 71,904 $ 721,439 Foreign corporate debt securities Amortized cost $ 15,365 $ 114,751 $ 97,438 $ 13,571 $ 241,125 Estimated fair value $ 15,389 $ 115,942 $ 99,750 $ 14,623 $ 245,704 Total debt securities excluding mortgage-backed securities Amortized cost $ 181,928 $ 995,935 $ 757,521 $ 633,935 $ 2,569,319 Estimated fair value $ 182,151 $ 1,002,314 $ 767,355 $ 628,963 $ 2,580,783 Total mortgage-backed securities Amortized cost $ 2,283,883 Estimated fair value $ 2,268,812 Total debt securities Amortized cost $ 4,853,202 Estimated fair value $ 4,849,595
Composition of Investment Portfolio by Credit Rating Agencies	The composition of the investment portfolio at June 30, 2017, by credit rating, is as follows: A- or higher BBB+ to BBB- Non-Investment Grade Total (in thousands, except percentages) Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage June 30, 2017 Debt securities: U.S. Treasury bonds $ 167,875 100.0 $ — — $ — — $ 167,875 100.0 Municipal bonds 1,018,239 94.0 52,490 4.8 13,102 1.2 1,083,831 100.0 Foreign government bonds 117,374 81.1 21,793 15.0 5,649 3.9 144,816 100.0 Governmental agency bonds 217,118 100.0 — — — — 217,118 100.0 Governmental agency mortgage-backed securities 2,268,812 100.0 — — — — 2,268,812 100.0 U.S. corporate debt securities 251,870 35.0 246,312 34.1 223,257 30.9 721,439 100.0 Foreign corporate debt securities 119,872 48.7 93,015 37.9 32,817 13.4 245,704 100.0 Total debt securities 4,161,160 85.8 413,610 8.5 274,825 5.7 4,849,595 100.0 Preferred stocks — — 11,544 65.8 5,995 34.2 17,539 100.0 Total $ 4,161,160 85.5 $ 425,154 8.7 $ 280,820 5.8 $ 4,867,134 100.0
Composition of Investment Portfolio in Unrealized Loss Position by Credit Rating Agencies	The composition of the investment portfolio in an unrealized loss position at June 30, 2017, by credit rating, is as follows: A- or higher BBB+ to BBB- Non-Investment Grade Total (in thousands, except percentages) Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage Estimated fair value Percentage June 30, 2017 Debt securities: U.S. Treasury bonds $ 103,432 100.0 $ — — $ — — $ 103,432 100.0 Municipal bonds 410,099 93.4 24,728 5.6 4,556 1.0 439,383 100.0 Foreign government bonds 70,980 74.9 18,323 19.4 5,379 5.7 94,682 100.0 Governmental agency bonds 159,927 100.0 — — — — 159,927 100.0 Governmental agency mortgage-backed securities 1,626,389 100.0 — — — — 1,626,389 100.0 U.S. corporate debt securities 61,000 34.6 71,104 40.4 43,965 25.0 176,069 100.0 Foreign corporate debt securities 22,605 52.0 16,097 37.0 4,806 11.0 43,508 100.0 Total debt securities 2,454,432 92.9 130,252 4.9 58,706 2.2 2,643,390 100.0 Preferred stocks — — 8,070 60.9 5,189 39.1 13,259 100.0 Total $ 2,454,432 92.4 $ 138,322 5.2 $ 63,895 2.4 $ 2,656,649 100.0
Debt Securities
Investments Classified as Available-For-Sale	Investments in debt securities, classified as available-for-sale, are as follows: (in thousands) Amortized Gross unrealized Estimated Gains Losses June 30, 2017 U.S. Treasury bonds $ 167,770 $ 1,589 $ (1,484 ) $ 167,875 Municipal bonds 1,084,377 12,939 (13,485 ) 1,083,831 Foreign government bonds 145,453 554 (1,191 ) 144,816 Governmental agency bonds 218,798 1,136 (2,816 ) 217,118 Governmental agency mortgage-backed securities 2,283,883 4,306 (19,377 ) 2,268,812 U.S. corporate debt securities 711,796 12,374 (2,731 ) 721,439 Foreign corporate debt securities 241,125 4,908 (329 ) 245,704 $ 4,853,202 $ 37,806 $ (41,413 ) $ 4,849,595 December 31, 2016 U.S. Treasury bonds $ 155,441 $ 416 $ (4,466 ) $ 151,391 Municipal bonds 1,004,659 6,340 (26,666 ) 984,333 Foreign government bonds 141,887 600 (2,439 ) 140,048 Governmental agency bonds 197,343 691 (4,166 ) 193,868 Governmental agency mortgage-backed securities 2,187,482 2,983 (26,792 ) 2,163,673 U.S. corporate debt securities 675,683 8,282 (5,441 ) 678,524 Foreign corporate debt securities 240,526 2,490 (1,490 ) 241,526 $ 4,603,021 $ 21,802 $ (71,460 ) $ 4,553,363
Equity securities
Investments Classified as Available-For-Sale	Investments in equity securities, classified as available-for-sale, are as follows: Cost Gross unrealized Estimated (in thousands) Gains Losses June 30, 2017 Preferred stocks $ 18,747 $ 126 $ (1,334 ) $ 17,539 Common stocks 376,960 34,224 (1,935 ) 409,249 $ 395,707 $ 34,350 $ (3,269 ) $ 426,788 December 31, 2016 Preferred stocks $ 18,926 $ — $ (3,344 ) $ 15,582 Common stocks 367,169 26,034 (4,700 ) 388,503 $ 386,095 $ 26,034 $ (8,044 ) $ 404,085

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]
Carrying Amount of Goodwill by Operating Segment	A summary of the changes in the carrying amount of goodwill, by operating segment, for the six months ended June 30, 2017, is as follows: (in thousands) Title Specialty Total Balance as of December 31, 2016 $ 970,652 $ 46,765 $ 1,017,417 Acquisitions 12,633 — 12,633 Foreign currency translation 2,191 — 2,191 Other adjustments (298 ) — (298 ) Balance as of June 30, 2017 $ 985,178 $ 46,765 $ 1,031,943

Other Intangible Assets (Tables

Other Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2017
Intangible Assets Gross Excluding Goodwill [Abstract]
Schedule of Other Intangible Assets	Other intangible assets consist of the following: (in thousands) June 30, 2017 December 31, Finite-lived intangible assets: Customer relationships $ 77,070 $ 78,542 Noncompete agreements 9,994 10,007 Trademarks 7,189 6,472 Internal-use software licenses 26,692 16,038 Patents 2,840 2,840 123,785 113,899 Accumulated amortization (62,861 ) (51,885 ) 60,924 62,014 Indefinite-lived intangible assets: Licenses 16,884 16,884 $ 77,808 $ 78,898
Estimated Amortization Expense for Finite-Lived Intangible Assets	Estimated amortization expense for finite-lived intangible assets for the next five years is as follows: Year (in thousands) Remainder of 2017 $ 14,288 2018 $ 13,239 2019 $ 8,617 2020 $ 4,864 2021 $ 2,976 2022 $ 2,380

Reserve for Known and Incurre26

Reserve for Known and Incurred but Not Reported Claims (Tables)	6 Months Ended
	Jun. 30, 2017
Insurance Loss Reserves [Abstract]
Activity in Reserve for Known and Incurred but Not Reported Claims	Activity in the reserve for known and incurred but not reported claims is summarized as follows: Six months ended (in thousands) 2017 2016 Balance at beginning of period $ 1,025,863 $ 983,880 Provision related to: Current year 209,082 216,425 Prior years 4,264 13,033 213,346 229,458 Payments, net of recoveries, related to: Current year 91,915 84,495 Prior years 133,934 141,073 225,849 225,568 Other 3,872 6,994 Balance at end of period $ 1,017,232 $ 994,764
Summary of Loss Reserves	A summary of the Company’s loss reserves is as follows: (in thousands, except percentages) June 30, 2017 December 31, 2016 Known title claims $ 75,678 7.4 % $ 83,805 8.1 % Incurred but not reported claims 883,508 86.9 % 888,126 86.6 % Total title claims 959,186 94.3 % 971,931 94.7 % Non-title claims 58,046 5.7 % 53,932 5.3 % Total loss reserves $ 1,017,232 100.0 % $ 1,025,863 100.0 %

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The computation of basic and diluted earnings per share is as follows: Three Months Ended Six Months Ended (in thousands, except per share amounts) 2017 2016 2017 2016 Numerator Net income attributable to the Company $ 122,257 $ 102,149 $ 180,539 $ 154,650 Denominator Basic weighted-average shares 111,549 110,480 111,374 110,327 Effect of dilutive employee stock options and 650 498 652 515 Diluted weighted-average shares 112,199 110,978 112,026 110,842 Net income per share attributable to the Company’s stockholders Basic $ 1.10 $ 0.92 $ 1.62 $ 1.40 Diluted $ 1.09 $ 0.92 $ 1.61 $ 1.40

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2017
Compensation And Retirement Disclosure [Abstract]
Net Periodic Cost	Net periodic cost related to the Company’s defined benefit pension and supplemental benefit plans includes the following components: Three Months Ended Six Months Ended (in thousands) 2017 2016 2017 2016 Expense: Service costs $ 183 $ 260 $ 367 $ 521 Interest costs 4,458 6,037 9,099 12,001 Expected return on plan assets (2,370 ) (3,073 ) (4,740 ) (6,167 ) Amortization of net actuarial loss 6,902 7,073 13,834 14,110 Amortization of prior service credit (1,012 ) (1,211 ) (2,223 ) (2,422 ) $ 8,161 $ 9,086 $ 16,337 $ 18,043

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2017
Fair Value Disclosures [Abstract]
Fair Value of Assets Measured on Recurring Basis	The following tables present the fair values of the Company’s assets, measured on a recurring basis, as of June 30, 2017 and December 31, 2016: (in thousands) Total Level 1 Level 2 Level 3 June 30, 2017 Assets: Debt securities: U.S. Treasury bonds $ 167,875 $ — $ 167,875 $ — Municipal bonds 1,083,831 — 1,083,831 — Foreign government bonds 144,816 — 144,816 — Governmental agency bonds 217,118 — 217,118 — Governmental agency mortgage-backed securities 2,268,812 — 2,268,812 — U.S. corporate debt securities 721,439 — 703,311 18,128 Foreign corporate debt securities 245,704 — 243,789 1,915 4,849,595 — 4,829,552 20,043 Equity securities: Preferred stocks 17,539 17,539 — — Common stocks 409,249 409,249 — — 426,788 426,788 — — Total assets $ 5,276,383 $ 426,788 $ 4,829,552 $ 20,043 (in thousands) Total Level 1 Level 2 Level 3 December 31, 2016 Assets: Debt securities: U.S. Treasury bonds $ 151,391 $ — $ 151,391 $ — Municipal bonds 984,333 — 984,333 — Foreign government bonds 140,048 — 140,048 — Governmental agency bonds 193,868 — 193,868 — Governmental agency mortgage-backed securities 2,163,673 — 2,163,673 — U.S. corporate debt securities 678,524 — 631,859 46,665 Foreign corporate debt securities 241,526 — 235,258 6,268 4,553,363 — 4,500,430 52,933 Equity securities: Preferred stocks 15,582 15,582 — — Common stocks 388,503 388,503 — — 404,085 404,085 — — Total assets $ 4,957,448 $ 404,085 $ 4,500,430 $ 52,933
Summary of Changes in Fair Value of Level 3 Assets Measured on Recurring Basis	The following table presents a summary of the changes in the fair values of Level 3 assets, measured on a recurring basis, for the three months ended June 30, 2017 and 2016: June 30, 2017 June 30, 2016 (in thousands) U.S. corporate debt securities Foreign corporate debt securities Total U.S. corporate debt securities Foreign corporate debt securities Total Fair value at beginning of period $ 13,434 $ 2,862 $ 16,296 $ 14,993 $ 1,332 $ 16,325 Transfers into Level 3 4,658 — 4,658 2,948 — 2,948 Transfers out of Level 3 (1,235 ) (525 ) (1,760 ) (5,840 ) (762 ) (6,602 ) Net realized and unrealized gains (losses): Included in earnings 15 3 18 (36 ) — (36 ) Included in other comprehensive income (loss) (92 ) (5 ) (97 ) 179 55 234 Purchases 4,521 — 4,521 4,640 100 4,740 Sales (404 ) (156 ) (560 ) (1,446 ) — (1,446 ) Settlements (2,769 ) (264 ) (3,033 ) (945 ) (2 ) (947 ) Fair value at end of period $ 18,128 $ 1,915 $ 20,043 $ 14,493 $ 723 $ 15,216 The following table presents a summary of the changes in the fair values of Level 3 assets, measured on a recurring basis, for the six months ended June 30, 2017 and 2016: June 30, 2017 June 30, 2016 (in thousands) U.S. corporate debt securities Foreign corporate debt securities Total U.S. corporate debt securities Foreign corporate debt securities Total Fair value at beginning of period $ 46,665 $ 6,268 $ 52,933 $ 43,567 $ 6,572 $ 50,139 Transfers into Level 3 300 — 300 857 — 857 Transfers out of Level 3 (26,543 ) (2,569 ) (29,112 ) (33,372 ) (3,773 ) (37,145 ) Net realized and unrealized gains (losses): Included in earnings 91 8 99 (111 ) (35 ) (146 ) Included in other comprehensive income (loss) (380 ) (49 ) (429 ) 667 (9 ) 658 Purchases 9,262 551 9,813 7,993 100 8,093 Sales (2,383 ) (769 ) (3,152 ) (3,473 ) (1,049 ) (4,522 ) Settlements (8,884 ) (1,525 ) (10,409 ) (1,635 ) (1,083 ) (2,718 ) Fair value at end of period $ 18,128 $ 1,915 $ 20,043 $ 14,493 $ 723 $ 15,216
Carrying Amounts and Estimated Fair Values of Financial Instruments Not Measured at Fair Value	The following table presents the carrying amounts and estimated fair values of the Company’s financial instruments not measured at fair value as of June 30, 2017 and December 31, 2016: Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 June 30, 2017 Assets: Cash and cash equivalents $ 1,166,764 $ 1,166,764 $ 1,166,764 $ — $ — Deposits with banks $ 21,762 $ 21,715 $ 255 $ 21,460 $ — Notes receivable, net $ 7,890 $ 7,745 $ — $ — $ 7,745 Liabilities: Deposits $ 3,097,796 $ 3,097,796 $ 3,097,796 $ — $ — Notes and contracts payable $ 734,455 $ 754,104 $ — $ 749,923 $ 4,181 Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2016 Assets: Cash and cash equivalents $ 1,006,138 $ 1,006,138 $ 1,006,138 $ — $ — Deposits with banks $ 21,222 $ 21,176 $ 1,017 $ 20,159 $ — Notes receivable, net $ 7,799 $ 7,542 $ — $ — $ 7,542 Liabilities: Deposits $ 2,779,478 $ 2,779,478 $ 2,779,478 $ — $ — Notes and contracts payable $ 736,693 $ 734,812 $ — $ 729,658 $ 5,154

Share-Based Compensation (Table

Share-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2017
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Expenses Associated with Share-Based Compensation Plans	The following table presents compensation expense associated with the Company’s share-based compensation plans: Three Months Ended Six Months Ended (in thousands) 2017 2016 2017 2016 Expense: RSUs $ 6,754 $ 5,384 $ 22,769 $ 20,365 Stock options 67 68 134 135 Employee stock purchase plan 726 658 1,677 1,468 $ 7,547 $ 6,110 $ 24,580 $ 21,968
Summary of RSU Activity	The following table summarizes RSU activity for the six months ended June 30, 2017: (in thousands, except weighted-average grant-date fair value) Shares Weighted-average fair value RSUs unvested at December 31, 2016 1,510 $ 33.38 Granted during 2017 868 $ 39.29 Vested during 2017 (834 ) $ 34.22 Forfeited during 2017 (5 ) $ 32.78 RSUs unvested at June 30, 2017 1,539 $ 36.26

Accumulated Other Comprehensi31

Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)	6 Months Ended
	Jun. 30, 2017
Accumulated Other Comprehensive Income Other Comprehensive Income [Abstract]
Components of Accumulated Other Comprehensive Income (Loss)	The following table presents a summary of the changes in each component of AOCI for the six months ended June 30, 2017: (in thousands) Unrealized gains (losses) on securities Foreign currency translation adjustment Pension benefit adjustment Accumulated other comprehensive income (loss) Balance at December 31, 2016 $ (26,760 ) $ (63,576 ) $ (140,057 ) $ (230,393 ) Change in unrealized gains (losses) on securities 59,140 — — 59,140 Change in foreign currency translation adjustment — 12,143 — 12,143 Amortization of net actuarial loss — — 13,834 13,834 Amortization of prior service credit — — (2,223 ) (2,223 ) Tax effect (21,055 ) — (4,441 ) (25,496 ) Balance at June 30, 2017 $ 11,325 $ (51,433 ) $ (132,887 ) $ (172,995 ) Allocated to the Company $ 11,311 $ (51,433 ) $ (132,887 ) $ (173,009 ) Allocated to noncontrolling interests 14 — — 14 Balance at June 30, 2017 $ 11,325 $ (51,433 ) $ (132,887 ) $ (172,995 )
Adjustments for Reclassification of Other Comprehensive Income (Loss)	The following table presents the other comprehensive income (loss) reclassification adjustments for the three months ended June 30, 2017 and 2016: (in thousands) Unrealized gains (losses) on securities Foreign currency translation adjustment Pension benefit adjustment Total other comprehensive income (loss) Three Months Ended June 30, 2017 Pretax change before reclassifications $ 34,237 $ 8,709 $ — $ 42,946 Reclassifications out of AOCI (14,729 ) — 5,890 (8,839 ) Tax effect (6,874 ) — (2,253 ) (9,127 ) Total other comprehensive income (loss), net of tax $ 12,634 $ 8,709 $ 3,637 $ 24,980 Three Months Ended June 30, 2016 Pretax change before reclassifications $ 34,987 $ (5,579 ) $ — $ 29,408 Reclassifications out of AOCI (7,242 ) — 5,862 (1,380 ) Tax effect (10,064 ) — (2,241 ) (12,305 ) Total other comprehensive income (loss), net of tax $ 17,681 $ (5,579 ) $ 3,621 $ 15,723 The following table presents the other comprehensive income (loss) reclassification adjustments for the six months ended June 30, 2017 and 2016: (in thousands) Unrealized gains (losses) on securities Foreign currency translation adjustment Pension benefit adjustment Total other comprehensive income (loss) Six Months Ended June 30, 2017 Pretax change before reclassifications $ 72,930 $ 12,143 $ — $ 85,073 Reclassifications out of AOCI (13,790 ) — 11,611 (2,179 ) Tax effect (21,055 ) — (4,441 ) (25,496 ) Total other comprehensive income (loss), net of tax $ 38,085 $ 12,143 $ 7,170 $ 57,398 Six Months Ended June 30, 2016 Pretax change before reclassifications $ 84,781 $ 6,525 $ — $ 91,306 Reclassifications out of AOCI (5,143 ) — 11,688 6,545 Tax effect (30,130 ) — (4,471 ) (34,601 ) Total other comprehensive income (loss), net of tax $ 49,508 $ 6,525 $ 7,217 $ 63,250
Reclassifications out of Accumulated Other Comprehensive Income (Loss)	The following table presents the effect of the reclassifications out of AOCI on the respective line items in the condensed consolidated statements of income: Amounts reclassified from AOCI (in thousands) Three Months Ended June 30, Six Months Ended June 30, Affected line items in the condensed 2017 2016 2017 2016 consolidated statements of income Unrealized gains (losses) on securities: Net realized gains on $ 14,729 $ 7,242 $ 13,790 $ 5,628 Net realized investment gains Net other-than-temporary impairment losses — — — (485 ) Net realized investment gains Pretax total $ 14,729 $ 7,242 $ 13,790 $ 5,143 Tax effect $ (5,244 ) $ (2,740 ) $ (5,274 ) $ (1,967 ) Pension benefit adjustment: Amortization of net actuarial loss $ (6,902 ) $ (7,073 ) $ (13,834 ) $ (14,110 ) (1 ) Amortization of prior service 1,012 1,211 2,223 2,422 (1 ) Pretax total $ (5,890 ) $ (5,862 ) $ (11,611 ) $ (11,688 ) Tax effect $ 2,253 $ 2,241 $ 4,441 $ 4,471 (1) These components of AOCI are included in the computation of net periodic cost. See Note 9 Employee Benefit Plans for additional details.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2017
Segment Reporting [Abstract]
Schedule of Selected Financial Information	Selected financial information about the Company’s operations, by segment, is as follows: For the three months ended June 30, 2017: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 1,336,910 $ 197,305 $ 28,557 $ 35,916 Specialty Insurance 115,162 9,560 1,547 2,609 Corporate 2,646 (22,711 ) 41 — Eliminations (289 ) — — — $ 1,454,429 $ 184,154 $ 30,145 $ 38,525 For the three months ended June 30, 2016: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 1,255,922 $ 172,437 $ 22,439 $ 29,696 Specialty Insurance 104,424 4,718 1,459 1,468 Corporate 1,202 (23,548 ) 96 — Eliminations (15 ) — — — $ 1,361,533 $ 153,607 $ 23,994 $ 31,164 For the six months ended June 30, 2017: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 2,539,857 $ 295,548 $ 57,108 $ 66,309 Specialty Insurance 225,427 19,601 3,098 3,782 Corporate 6,764 (47,115 ) 86 — Eliminations (576 ) — — — $ 2,771,472 $ 268,034 $ 60,292 $ 70,091 F or the six months ended June 30, 2016: (in thousands) Revenues Income (loss) Depreciation Capital Title Insurance and Services $ 2,354,391 $ 260,111 $ 43,515 $ 57,939 Specialty Insurance 207,465 16,962 2,707 3,083 Corporate 1,410 (47,874 ) 192 — Eliminations (21 ) — — — $ 2,563,245 $ 229,199 $ 46,414 $ 61,022

Escrow Deposits, Like-Kind Ex33

Escrow Deposits, Like-Kind Exchange Deposits and Trust Assets (Narrative) (Detail) - USD ($) $ in Billions	Jun. 30, 2017	Dec. 31, 2016
Other Assets [Line Items]
Escrow deposits	$ 7.5	$ 6.8
Like-kind exchange funds	2.5	2
First American Trust
Other Assets [Line Items]
Escrow deposits	3	2.6
Trust assets	$ 3.4	$ 3.2

Debt and Equity Securities (Inv

Debt and Equity Securities (Investments in Debt Securities, Classified as Available-For-Sale) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	$ 4,853,202	$ 4,603,021
Debt Securities, Gross unrealized gains	37,806	21,802
Debt Securities, Gross unrealized losses	(41,413)	(71,460)
Debt securities, Estimated fair value	4,849,595	4,553,363
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	167,770	155,441
Debt Securities, Gross unrealized gains	1,589	416
Debt Securities, Gross unrealized losses	(1,484)	(4,466)
Debt securities, Estimated fair value	167,875	151,391
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	1,084,377	1,004,659
Debt Securities, Gross unrealized gains	12,939	6,340
Debt Securities, Gross unrealized losses	(13,485)	(26,666)
Debt securities, Estimated fair value	1,083,831	984,333
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	145,453	141,887
Debt Securities, Gross unrealized gains	554	600
Debt Securities, Gross unrealized losses	(1,191)	(2,439)
Debt securities, Estimated fair value	144,816	140,048
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	218,798	197,343
Debt Securities, Gross unrealized gains	1,136	691
Debt Securities, Gross unrealized losses	(2,816)	(4,166)
Debt securities, Estimated fair value	217,118	193,868
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	2,283,883	2,187,482
Debt Securities, Gross unrealized gains	4,306	2,983
Debt Securities, Gross unrealized losses	(19,377)	(26,792)
Debt securities, Estimated fair value	2,268,812	2,163,673
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	711,796	675,683
Debt Securities, Gross unrealized gains	12,374	8,282
Debt Securities, Gross unrealized losses	(2,731)	(5,441)
Debt securities, Estimated fair value	721,439	678,524
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	241,125	240,526
Debt Securities, Gross unrealized gains	4,908	2,490
Debt Securities, Gross unrealized losses	(329)	(1,490)
Debt securities, Estimated fair value	$ 245,704	$ 241,526

Debt and Equity Securities (I35

Debt and Equity Securities (Investments in Equity Securities, Classified as Available-For-Sale) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Equity securities, Amortized Cost	$ 395,707	$ 386,095
Equity securities, Gross unrealized gains	34,350	26,034
Equity securities, Gross unrealized losses	(3,269)	(8,044)
Equity securities	426,788	404,085
Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Equity securities, Amortized Cost	18,747	18,926
Equity securities, Gross unrealized gains	126	0
Equity securities, Gross unrealized losses	(1,334)	(3,344)
Equity securities	17,539	15,582
Common stocks
Schedule Of Available For Sale Securities [Line Items]
Equity securities, Amortized Cost	376,960	367,169
Equity securities, Gross unrealized gains	34,224	26,034
Equity securities, Gross unrealized losses	(1,935)	(4,700)
Equity securities	$ 409,249	$ 388,503

Debt and Equity Securities (Nar

Debt and Equity Securities (Narrative) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Realized gains on sales of securities	$ 16,700	$ 12,200	$ 20,100	$ 13,200
Realized losses on sales of securities	1,900	$ 4,600	5,200	$ 7,000
Debt securities, Estimated fair value	4,849,595		4,849,595		$ 4,553,363
Estimated fair value, Unrealized loss position	2,737,553		2,737,553		3,137,507
Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	2,643,390		2,643,390		$ 3,008,227
Bank Loans
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	146,000		146,000
Bank Loans | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	31,600		31,600
Emerging Market Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	72,400		72,400
Emerging Market Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	28,400		28,400
Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	274,825		274,825
Non-Investment Grade | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	58,706		58,706
Non-Investment Grade | Bank Loans
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	133,900		133,900
Non-Investment Grade | Bank Loans | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	30,500		30,500
Non-Investment Grade | High Yield Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	118,500		118,500
Non-Investment Grade | High Yield Corporate Debt Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	15,900		15,900
Non-Investment Grade | Emerging Market Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	9,300		9,300
Non-Investment Grade | Emerging Market Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 7,800		$ 7,800

Debt and Equity Securities (Gro

Debt and Equity Securities (Gross Unrealized Losses on Investments in Debt and Equity Securities) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	$ 2,020,830	$ 2,596,677
Unrealized losses, Less than 12 months	(33,249)	(63,300)
Estimated fair value, 12 months or longer	716,723	540,830
Unrealized losses, 12 months or longer	(11,433)	(16,204)
Estimated fair value, Total	2,737,553	3,137,507
Unrealized losses, Total	(44,682)	(79,504)
Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	1,949,926	2,526,416
Unrealized losses, Less than 12 months	(31,798)	(62,127)
Estimated fair value, 12 months or longer	693,464	481,811
Unrealized losses, 12 months or longer	(9,615)	(9,333)
Estimated fair value, Total	2,643,390	3,008,227
Unrealized losses, Total	(41,413)	(71,460)
Debt Securities | U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	103,246	111,748
Unrealized losses, Less than 12 months	(1,455)	(4,466)
Estimated fair value, 12 months or longer	186	0
Unrealized losses, 12 months or longer	(29)	0
Estimated fair value, Total	103,432	111,748
Unrealized losses, Total	(1,484)	(4,466)
Debt Securities | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	417,676	635,531
Unrealized losses, Less than 12 months	(12,676)	(26,317)
Estimated fair value, 12 months or longer	21,707	16,485
Unrealized losses, 12 months or longer	(809)	(349)
Estimated fair value, Total	439,383	652,016
Unrealized losses, Total	(13,485)	(26,666)
Debt Securities | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	94,332	63,044
Unrealized losses, Less than 12 months	(1,149)	(2,371)
Estimated fair value, 12 months or longer	350	324
Unrealized losses, 12 months or longer	(42)	(68)
Estimated fair value, Total	94,682	63,368
Unrealized losses, Total	(1,191)	(2,439)
Debt Securities | Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	154,574	148,112
Unrealized losses, Less than 12 months	(2,337)	(4,166)
Estimated fair value, 12 months or longer	5,353	0
Unrealized losses, 12 months or longer	(479)	0
Estimated fair value, Total	159,927	148,112
Unrealized losses, Total	(2,816)	(4,166)
Debt Securities | Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	977,367	1,295,790
Unrealized losses, Less than 12 months	(11,731)	(19,097)
Estimated fair value, 12 months or longer	649,022	432,349
Unrealized losses, 12 months or longer	(7,646)	(7,695)
Estimated fair value, Total	1,626,389	1,728,139
Unrealized losses, Total	(19,377)	(26,792)
Debt Securities | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	160,663	193,533
Unrealized losses, Less than 12 months	(2,179)	(4,560)
Estimated fair value, 12 months or longer	15,406	24,499
Unrealized losses, 12 months or longer	(552)	(881)
Estimated fair value, Total	176,069	218,032
Unrealized losses, Total	(2,731)	(5,441)
Debt Securities | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	42,068	78,658
Unrealized losses, Less than 12 months	(271)	(1,150)
Estimated fair value, 12 months or longer	1,440	8,154
Unrealized losses, 12 months or longer	(58)	(340)
Estimated fair value, Total	43,508	86,812
Unrealized losses, Total	(329)	(1,490)
Equity securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	70,904	70,261
Unrealized losses, Less than 12 months	(1,451)	(1,173)
Estimated fair value, 12 months or longer	23,259	59,019
Unrealized losses, 12 months or longer	(1,818)	(6,871)
Estimated fair value, Total	94,163	129,280
Unrealized losses, Total	$ (3,269)	$ (8,044)

Debt and Equity Securities (I38

Debt and Equity Securities (Investments in Debt Securities) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	$ 4,853,202	$ 4,603,021
Debt securities, Estimated fair value	4,849,595	4,553,363
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	52,472
Amortized cost, Due after one through five years	41,859
Amortized cost, Due after five through ten years	29,565
Amortized cost, Due after ten years	43,874
Debt Securities, Amortized cost	167,770	155,441
Estimated fair value, Due in one year or less	52,418
Estimated fair value, Due after one through five years	41,715
Estimated fair value, Due after five through ten years	29,570
Estimated fair value, Due after ten years	44,172
Debt securities, Estimated fair value	167,875	151,391
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	58,674
Amortized cost, Due after one through five years	323,768
Amortized cost, Due after five through ten years	251,017
Amortized cost, Due after ten years	450,918
Debt Securities, Amortized cost	1,084,377	1,004,659
Estimated fair value, Due in one year or less	58,781
Estimated fair value, Due after one through five years	326,946
Estimated fair value, Due after five through ten years	254,934
Estimated fair value, Due after ten years	443,170
Debt securities, Estimated fair value	1,083,831	984,333
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	7,505
Amortized cost, Due after one through five years	112,018
Amortized cost, Due after five through ten years	9,665
Amortized cost, Due after ten years	16,265
Debt Securities, Amortized cost	145,453	141,887
Estimated fair value, Due in one year or less	7,536
Estimated fair value, Due after one through five years	111,903
Estimated fair value, Due after five through ten years	9,727
Estimated fair value, Due after ten years	15,650
Debt securities, Estimated fair value	144,816	140,048
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	14,774
Amortized cost, Due after one through five years	107,546
Amortized cost, Due after five through ten years	56,645
Amortized cost, Due after ten years	39,833
Debt Securities, Amortized cost	218,798	197,343
Estimated fair value, Due in one year or less	14,756
Estimated fair value, Due after one through five years	106,804
Estimated fair value, Due after five through ten years	56,114
Estimated fair value, Due after ten years	39,444
Debt securities, Estimated fair value	217,118	193,868
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	33,138
Amortized cost, Due after one through five years	295,993
Amortized cost, Due after five through ten years	313,191
Amortized cost, Due after ten years	69,474
Debt Securities, Amortized cost	711,796	675,683
Estimated fair value, Due in one year or less	33,271
Estimated fair value, Due after one through five years	299,004
Estimated fair value, Due after five through ten years	317,260
Estimated fair value, Due after ten years	71,904
Debt securities, Estimated fair value	721,439	678,524
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	15,365
Amortized cost, Due after one through five years	114,751
Amortized cost, Due after five through ten years	97,438
Amortized cost, Due after ten years	13,571
Debt Securities, Amortized cost	241,125	240,526
Estimated fair value, Due in one year or less	15,389
Estimated fair value, Due after one through five years	115,942
Estimated fair value, Due after five through ten years	99,750
Estimated fair value, Due after ten years	14,623
Debt securities, Estimated fair value	245,704	$ 241,526
Debt Securities Excluding Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	181,928
Amortized cost, Due after one through five years	995,935
Amortized cost, Due after five through ten years	757,521
Amortized cost, Due after ten years	633,935
Debt Securities, Amortized cost	2,569,319
Estimated fair value, Due in one year or less	182,151
Estimated fair value, Due after one through five years	1,002,314
Estimated fair value, Due after five through ten years	767,355
Estimated fair value, Due after ten years	628,963
Debt securities, Estimated fair value	2,580,783
Total Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	2,283,883
Estimated fair value	$ 2,268,812

Debt and Equity Securities (Com

Debt and Equity Securities (Composition of Investment Portfolio by Credit Rating Agencies) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 4,849,595	$ 4,553,363
Equity securities	$ 426,788	404,085
Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 167,875	151,391
U.S. Treasury Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 1,083,831	984,333
Municipal Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 144,816	140,048
Foreign Government Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 217,118	193,868
Governmental Agency Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 2,268,812	2,163,673
Governmental Agency Mortgage-Backed Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 721,439	678,524
U.S. Corporate Debt Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 245,704	241,526
Foreign Corporate Debt Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Equity securities	$ 17,539	$ 15,582
Preferred stocks | Equity securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 4,161,160
Investment Grade | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	85.80%
Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 413,610
Investment Grade | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	8.50%
Investment Grade | U.S. Treasury Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 167,875
Investment Grade | U.S. Treasury Bonds | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Investment Grade | U.S. Treasury Bonds | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Investment Grade | U.S. Treasury Bonds | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Investment Grade | Municipal Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 1,018,239
Investment Grade | Municipal Bonds | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	94.00%
Investment Grade | Municipal Bonds | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 52,490
Investment Grade | Municipal Bonds | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	4.80%
Investment Grade | Foreign Government Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 117,374
Investment Grade | Foreign Government Bonds | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	81.10%
Investment Grade | Foreign Government Bonds | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 21,793
Investment Grade | Foreign Government Bonds | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	15.00%
Investment Grade | Governmental Agency Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 217,118
Investment Grade | Governmental Agency Bonds | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Investment Grade | Governmental Agency Bonds | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Investment Grade | Governmental Agency Bonds | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Investment Grade | Governmental Agency Mortgage-Backed Securities | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 2,268,812
Investment Grade | Governmental Agency Mortgage-Backed Securities | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	100.00%
Investment Grade | Governmental Agency Mortgage-Backed Securities | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Investment Grade | Governmental Agency Mortgage-Backed Securities | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Investment Grade | U.S. Corporate Debt Securities | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 251,870
Investment Grade | U.S. Corporate Debt Securities | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	35.00%
Investment Grade | U.S. Corporate Debt Securities | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 246,312
Investment Grade | U.S. Corporate Debt Securities | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	34.10%
Investment Grade | Foreign Corporate Debt Securities | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 119,872
Investment Grade | Foreign Corporate Debt Securities | A- or Higher | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	48.70%
Investment Grade | Foreign Corporate Debt Securities | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 93,015
Investment Grade | Foreign Corporate Debt Securities | BBB+ to BBB- | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	37.90%
Investment Grade | Preferred stocks | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Equity securities	$ 0
Investment Grade | Preferred stocks | A- or Higher | Equity securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Investment Grade | Preferred stocks | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Equity securities	$ 11,544
Investment Grade | Preferred stocks | BBB+ to BBB- | Equity securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	65.80%
Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 274,825
Non-Investment Grade | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	5.70%
Non-Investment Grade | U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Non-Investment Grade | U.S. Treasury Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Non-Investment Grade | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 13,102
Non-Investment Grade | Municipal Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	1.20%
Non-Investment Grade | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 5,649
Non-Investment Grade | Foreign Government Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	3.90%
Non-Investment Grade | Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Non-Investment Grade | Governmental Agency Bonds | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Non-Investment Grade | Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Non-Investment Grade | Governmental Agency Mortgage-Backed Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	0.00%
Non-Investment Grade | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 223,257
Non-Investment Grade | U.S. Corporate Debt Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	30.90%
Non-Investment Grade | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt securities, Estimated fair value	$ 32,817
Non-Investment Grade | Foreign Corporate Debt Securities | Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	13.40%
Non-Investment Grade | Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Equity securities	$ 5,995
Non-Investment Grade | Preferred stocks | Equity securities
Schedule Of Available For Sale Securities [Line Items]
Percentage of investment portfolio by credit rating agencies	34.20%
Available For Sale Securities Excluding Common Stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Total	$ 4,867,134
Percentage of investment portfolio by credit rating agencies	100.00%
Available For Sale Securities Excluding Common Stocks | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Total	$ 4,161,160
Percentage of investment portfolio by credit rating agencies	85.50%
Available For Sale Securities Excluding Common Stocks | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Total	$ 425,154
Percentage of investment portfolio by credit rating agencies	8.70%
Available For Sale Securities Excluding Common Stocks | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Total	$ 280,820
Percentage of investment portfolio by credit rating agencies	5.80%

Debt and Equity Securities (C40

Debt and Equity Securities (Composition of Investment Portfolio in Unrealized Loss Position by Credit Rating Agencies) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 2,737,553	$ 3,137,507
Available For Sale Securities Excluding Common Stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 2,656,649
Percentage of investments in unrealized loss position	100.00%
Investment Grade | Available For Sale Securities Excluding Common Stocks | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 2,454,432
Percentage of investments in unrealized loss position	92.40%
Investment Grade | Available For Sale Securities Excluding Common Stocks | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 138,322
Percentage of investments in unrealized loss position	5.20%
Non-Investment Grade | Available For Sale Securities Excluding Common Stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 63,895
Percentage of investments in unrealized loss position	2.40%
Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 2,643,390	3,008,227
Percentage of investments in unrealized loss position	100.00%
Debt Securities | U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 103,432	111,748
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 439,383	652,016
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 94,682	63,368
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 159,927	148,112
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 1,626,389	1,728,139
Percentage of investments in unrealized loss position	100.00%
Debt Securities | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 176,069	218,032
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 43,508	86,812
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 2,454,432
Percentage of investments in unrealized loss position	92.90%
Debt Securities | Investment Grade | A- or Higher | U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 103,432
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Investment Grade | A- or Higher | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 410,099
Percentage of investments in unrealized loss position	93.40%
Debt Securities | Investment Grade | A- or Higher | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 70,980
Percentage of investments in unrealized loss position	74.90%
Debt Securities | Investment Grade | A- or Higher | Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 159,927
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Investment Grade | A- or Higher | Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 1,626,389
Percentage of investments in unrealized loss position	100.00%
Debt Securities | Investment Grade | A- or Higher | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 61,000
Percentage of investments in unrealized loss position	34.60%
Debt Securities | Investment Grade | A- or Higher | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 22,605
Percentage of investments in unrealized loss position	52.00%
Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 130,252
Percentage of investments in unrealized loss position	4.90%
Debt Securities | Investment Grade | BBB+ to BBB- | U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Debt Securities | Investment Grade | BBB+ to BBB- | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 24,728
Percentage of investments in unrealized loss position	5.60%
Debt Securities | Investment Grade | BBB+ to BBB- | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 18,323
Percentage of investments in unrealized loss position	19.40%
Debt Securities | Investment Grade | BBB+ to BBB- | Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Debt Securities | Investment Grade | BBB+ to BBB- | Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Debt Securities | Investment Grade | BBB+ to BBB- | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 71,104
Percentage of investments in unrealized loss position	40.40%
Debt Securities | Investment Grade | BBB+ to BBB- | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 16,097
Percentage of investments in unrealized loss position	37.00%
Debt Securities | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 58,706
Percentage of investments in unrealized loss position	2.20%
Debt Securities | Non-Investment Grade | U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Debt Securities | Non-Investment Grade | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 4,556
Percentage of investments in unrealized loss position	1.00%
Debt Securities | Non-Investment Grade | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 5,379
Percentage of investments in unrealized loss position	5.70%
Debt Securities | Non-Investment Grade | Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Debt Securities | Non-Investment Grade | Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Debt Securities | Non-Investment Grade | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 43,965
Percentage of investments in unrealized loss position	25.00%
Debt Securities | Non-Investment Grade | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 4,806
Percentage of investments in unrealized loss position	11.00%
Equity securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 94,163	$ 129,280
Equity securities | Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 13,259
Percentage of investments in unrealized loss position	100.00%
Equity securities | Investment Grade | A- or Higher | Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 0
Percentage of investments in unrealized loss position	0.00%
Equity securities | Investment Grade | BBB+ to BBB- | Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 8,070
Percentage of investments in unrealized loss position	60.90%
Equity securities | Non-Investment Grade | Preferred stocks
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Unrealized loss position	$ 5,189
Percentage of investments in unrealized loss position	39.10%

Goodwill (Carrying Amount of Go

Goodwill (Carrying Amount of Goodwill by Operating Segment) (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Goodwill [Line Items]
Beginning balance	$ 1,017,417
Acquisitions	12,633
Foreign currency translation	2,191
Other adjustments	(298)
Ending balance	1,031,943
Title Insurance and Services
Goodwill [Line Items]
Beginning balance	970,652
Acquisitions	12,633
Foreign currency translation	2,191
Other adjustments	(298)
Ending balance	985,178
Specialty Insurance
Goodwill [Line Items]
Beginning balance	46,765
Acquisitions	0
Foreign currency translation	0
Other adjustments	0
Ending balance	$ 46,765

Goodwill (Narrative) (Detail)

Goodwill (Narrative) (Detail)	6 Months Ended
	Jun. 30, 2017ReportingUnit
Goodwill And Intangible Assets Disclosure [Abstract]
Number of reporting units	4

Other Intangible Assets (Schedu

Other Intangible Assets (Schedule of Other Intangible Assets) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Intangible Assets Net Excluding Goodwill [Abstract]
Customer relationships	$ 77,070	$ 78,542
Noncompete agreements	9,994	10,007
Trademarks	7,189	6,472
Internal-use software licenses	26,692	16,038
Patents	2,840	2,840
Finite-lived intangible assets, gross	123,785	113,899
Accumulated amortization	(62,861)	(51,885)
Finite-lived intangible assets, net	60,924	62,014
Licenses	16,884	16,884
Other intangibles assets, net	$ 77,808	$ 78,898

Other Intangible Assets (Narrat

Other Intangible Assets (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Intangible Assets Net Excluding Goodwill [Abstract]
Amortization expense	$ 6.5	$ 3.2	$ 12.7	$ 5.6

Other Intangible Assets (Estima

Other Intangible Assets (Estimated Amortization Expense for Finite-Lived Intangible Assets) (Detail) $ in Thousands	Jun. 30, 2017USD ($)
Intangible Assets Net Excluding Goodwill [Abstract]
Remainder of 2017	$ 14,288
2,018	13,239
2,019	8,617
2,020	4,864
2,021	2,976
2,022	$ 2,380

Reserve for Known and Incurre46

Reserve for Known and Incurred but Not Reported Claims (Activity in Reserve for Known and Incurred but Not Reported Claims) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance at beginning of period			$ 1,025,863	$ 983,880
Provision related to current year			209,082	216,425
Provision related to prior years			4,264	13,033
Total Provision	$ 110,958	$ 122,360	213,346	229,458
Payments, net of recoveries, related to: Current year			91,915	84,495
Payments, net of recoveries, related to: Prior years			133,934	141,073
Total Payments, net of recoveries			225,849	225,568
Other			3,872	6,994
Balance at end of period	$ 1,017,232	$ 994,764	$ 1,017,232	$ 994,764

Reserve for Known and Incurre47

Reserve for Known and Incurred but Not Reported Claims (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Insurance [Abstract]
Provision for title loss, percentage of title premiums and escrow fees	4.00%	5.50%	4.00%	5.50%
Ultimate loss rate	4.00%	5.00%
Estimated increase in loss reserve for prior policy years		$ 5.2

Reserve for Known and Incurre48

Reserve for Known and Incurred but Not Reported Claims (Summary of Loss Reserves) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016	Jun. 30, 2016	Dec. 31, 2015
Insurance [Abstract]
Known title claims, amount	$ 75,678	$ 83,805
Incurred but not reported claims	883,508	888,126
Total title claims, amount	959,186	971,931
Non-title claims, amount	58,046	53,932
Total loss reserves, amount	$ 1,017,232	$ 1,025,863	$ 994,764	$ 983,880
Known title claims, percent	7.40%	8.10%
Incurred but not reported claims, percent	86.90%	86.60%
Total title claims, percent	94.30%	94.70%
Non-title claims, percent	5.70%	5.30%
Total loss reserves, percent	100.00%	100.00%

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Effective income tax rates	33.80%	33.30%	32.90%	32.30%
Statutory federal income tax rate			35.00%
Reduction in income tax expense	$ 0.3		$ 2.7
Net payable related to spin-off tax liabilities	12.9		12.9		$ 16.3
Liability for income taxes associated with uncertain tax positions	18.5		18.5		18.1
Offsetting tax benefits related to uncertain tax positions	5.7		5.7		5.7
Uncertain tax positions, net	12.8		12.8		12.4
Accrued interest and penalties on uncertain tax positions	$ 4.3		4.3		4.1
Other tax benefits related to interest and penalties of uncertain tax positions			$ 2		$ 1.8
Unrecognized tax positions increase decrease, months			It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may significantly increase or decrease within the next 12 months. Any such change may be the result of ongoing audits or the expiration of federal and state statutes of limitations for the assessment of taxes.

Earnings Per Share (Schedule of

Earnings Per Share (Schedule of Earnings Per Share) (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Earnings Per Share [Abstract]
Net income attributable to the Company	$ 122,257	$ 102,149	$ 180,539	$ 154,650
Basic weighted-average shares	111,549	110,480	111,374	110,327
Effect of dilutive employee stock options and restricted stock units (“RSUs”)	650	498	652	515
Diluted weighted-average shares	112,199	110,978	112,026	110,842
Basic	$ 1.10	$ 0.92	$ 1.62	$ 1.40
Diluted	$ 1.09	$ 0.92	$ 1.61	$ 1.40

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Detail) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
RSUs
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
RSUs excluded from the weighted-average diluted common shares outstanding	2	2	1	1

Employee Benefit Plans (Net Per

Employee Benefit Plans (Net Periodic Cost) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Defined Benefit Plan Net Periodic Benefit Cost [Abstract]
Service costs	$ 183	$ 260	$ 367	$ 521
Interest costs	4,458	6,037	9,099	12,001
Expected return on plan assets	(2,370)	(3,073)	(4,740)	(6,167)
Amortization of net actuarial loss	6,902	7,073	13,834	14,110
Amortization of prior service credit	(1,012)	(1,211)	(2,223)	(2,422)
Net periodic cost	$ 8,161	$ 9,086	$ 16,337	$ 18,043

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Detail) - USD ($) $ in Millions	1 Months Ended	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Cash contributions for pension settlement			$ 84.8
Defined benefit plan, settlements benefit obligation			66.3
Defined benefit plan, settlements plan assets			$ 127.2
Contribution for pension obligation	$ 34
Defined benefit plan, pension expense		$ 153

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Assets Measured on Recurring Basis) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	$ 5,276,383	$ 4,957,448
Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	4,849,595	4,553,363
Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	426,788	404,085
U.S. Treasury Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	167,875	151,391
Municipal Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	1,083,831	984,333
Foreign Government Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	144,816	140,048
Governmental Agency Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	217,118	193,868
Governmental Agency Mortgage-Backed Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	2,268,812	2,163,673
U.S. Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	721,439	678,524
Foreign Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	245,704	241,526
Preferred stocks | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	17,539	15,582
Common Stock | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	409,249	388,503
Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	426,788	404,085
Level 1 | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	426,788	404,085
Level 1 | U.S. Treasury Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Municipal Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Foreign Government Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Governmental Agency Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Governmental Agency Mortgage-Backed Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | U.S. Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Foreign Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 1 | Preferred stocks | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	17,539	15,582
Level 1 | Common Stock | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	409,249	388,503
Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	4,829,552	4,500,430
Level 2 | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	4,829,552	4,500,430
Level 2 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 2 | U.S. Treasury Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	167,875	151,391
Level 2 | Municipal Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	1,083,831	984,333
Level 2 | Foreign Government Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	144,816	140,048
Level 2 | Governmental Agency Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	217,118	193,868
Level 2 | Governmental Agency Mortgage-Backed Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	2,268,812	2,163,673
Level 2 | U.S. Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	703,311	631,859
Level 2 | Foreign Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	243,789	235,258
Level 2 | Preferred stocks | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 2 | Common Stock | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	20,043	52,933
Level 3 | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	20,043	52,933
Level 3 | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | U.S. Treasury Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | Municipal Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | Foreign Government Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | Governmental Agency Bonds | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | Governmental Agency Mortgage-Backed Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | U.S. Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	18,128	46,665
Level 3 | Foreign Corporate Debt Securities | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	1,915	6,268
Level 3 | Preferred stocks | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	0	0
Level 3 | Common Stock | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Available for sale securities, estimated fair value	$ 0	$ 0

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Detail) - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair value assets, Level 1 to Level 2 transfers amount	$ 0	$ 0
Fair value assets, Level 2 to Level 1 transfers amount	$ 0	$ 0

Fair Value Measurements (Summar

Fair Value Measurements (Summary of Changes in Fair Value of Level 3 Assets Measured on Recurring Basis) (Detail) - Level 3 - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value at beginning of period	$ 16,296	$ 16,325	$ 52,933	$ 50,139
Transfers into Level 3	4,658	2,948	300	857
Transfers out of Level 3	(1,760)	(6,602)	(29,112)	(37,145)
Included in earnings	18	(36)	99	(146)
Included in other comprehensive income (loss)	(97)	234	(429)	658
Purchases	4,521	4,740	9,813	8,093
Sales	(560)	(1,446)	(3,152)	(4,522)
Settlements	(3,033)	(947)	(10,409)	(2,718)
Fair value at end of period	20,043	15,216	20,043	15,216
U.S. Corporate Debt Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value at beginning of period	13,434	14,993	46,665	43,567
Transfers into Level 3	4,658	2,948	300	857
Transfers out of Level 3	(1,235)	(5,840)	(26,543)	(33,372)
Included in earnings	15	(36)	91	(111)
Included in other comprehensive income (loss)	(92)	179	(380)	667
Purchases	4,521	4,640	9,262	7,993
Sales	(404)	(1,446)	(2,383)	(3,473)
Settlements	(2,769)	(945)	(8,884)	(1,635)
Fair value at end of period	18,128	14,493	18,128	14,493
Foreign Corporate Debt Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value at beginning of period	2,862	1,332	6,268	6,572
Transfers into Level 3	0	0	0	0
Transfers out of Level 3	(525)	(762)	(2,569)	(3,773)
Included in earnings	3	0	8	(35)
Included in other comprehensive income (loss)	(5)	55	(49)	(9)
Purchases	0	100	551	100
Sales	(156)	0	(769)	(1,049)
Settlements	(264)	(2)	(1,525)	(1,083)
Fair value at end of period	$ 1,915	$ 723	$ 1,915	$ 723

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Amounts and Estimated Fair Values of Financial Instruments Not Measured at Fair Value) (Detail) - USD ($) $ in Thousands	Jun. 30, 2017	Dec. 31, 2016
Carrying Amount
Assets:
Cash and cash equivalents	$ 1,166,764	$ 1,006,138
Deposits with banks	21,762	21,222
Notes receivable, net	7,890	7,799
Liabilities:
Deposits	3,097,796	2,779,478
Notes and contracts payable	734,455	736,693
Estimated Fair Value
Assets:
Cash and cash equivalents	1,166,764	1,006,138
Deposits with banks	21,715	21,176
Notes receivable, net	7,745	7,542
Liabilities:
Deposits	3,097,796	2,779,478
Notes and contracts payable	754,104	734,812
Estimated Fair Value | Level 1
Assets:
Cash and cash equivalents	1,166,764	1,006,138
Deposits with banks	255	1,017
Notes receivable, net	0	0
Liabilities:
Deposits	3,097,796	2,779,478
Notes and contracts payable	0	0
Estimated Fair Value | Level 2
Assets:
Cash and cash equivalents	0	0
Deposits with banks	21,460	20,159
Notes receivable, net	0	0
Liabilities:
Deposits	0	0
Notes and contracts payable	749,923	729,658
Estimated Fair Value | Level 3
Assets:
Cash and cash equivalents	0	0
Deposits with banks	0	0
Notes receivable, net	7,745	7,542
Liabilities:
Deposits	0	0
Notes and contracts payable	$ 4,181	$ 5,154

Share-Based Compensation (Expen

Share-Based Compensation (Expenses Associated with Share-Based Compensation Plans) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 7,547	$ 6,110	$ 24,580	$ 21,968
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	6,754	5,384	22,769	20,365
Stock options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	67	68	134	135
Employee stock purchase plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 726	$ 658	$ 1,677	$ 1,468

Share-Based Compensation (Summa

Share-Based Compensation (Summary of RSU Activity) (Detail) - RSUs shares in Thousands	6 Months Ended
	Jun. 30, 2017$ / sharesshares
RSU, Shares
RSUs unvested at December 31, 2016 | shares	1,510
Granted during 2017 | shares	868
Vested during 2017 | shares	(834)
Forfeited during 2017 | shares	(5)
RSUs unvested at June 30, 2017 | shares	1,539
RSU, Weighted-average grant-date fair value
Beginning Balance, Weighted-average grant-date fair value | $ / shares	$ 33.38
Granted, Weighted-average grant-date fair value | $ / shares	39.29
Vested, Weighted-average grant-date fair value | $ / shares	34.22
Forfeited, Weighted-average grant-date fair value | $ / shares	32.78
Ending Balance, Weighted-average grant-date fair value | $ / shares	$ 36.26

Accumulated Other Comprehensi60

Accumulated Other Comprehensive Income (Loss) (AOCI) (Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance			$ (230,393)
Change in unrealized gains (losses) on securities			59,140
Change in foreign currency translation adjustment			12,143
Amortization of net actuarial loss			13,834
Amortization of prior service credit			(2,223)
Tax effect	$ (9,127)	$ (12,305)	(25,496)	$ (34,601)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(172,995)		(172,995)
Allocated to the Company	(173,009)		(173,009)		$ (230,400)
Allocated to noncontrolling interests	14		14
Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance			(26,760)
Change in unrealized gains (losses) on securities			59,140
Tax effect	(6,874)	(10,064)	(21,055)	(30,130)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	11,325		11,325
Allocated to the Company	11,311		11,311
Allocated to noncontrolling interests	14		14
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance			(63,576)
Change in foreign currency translation adjustment			12,143
Tax effect	0	0	0	0
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(51,433)		(51,433)
Allocated to the Company	(51,433)		(51,433)
Pension Benefit Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance			(140,057)
Amortization of net actuarial loss			13,834
Amortization of prior service credit			(2,223)
Tax effect	(2,253)	$ (2,241)	(4,441)	$ (4,471)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(132,887)		(132,887)
Allocated to the Company	$ (132,887)		$ (132,887)

Accumulated Other Comprehensi61

Accumulated Other Comprehensive Income (Loss) (Other Comprehensive Income (Loss) Reclassification Adjustments) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	$ 42,946	$ 29,408	$ 85,073	$ 91,306
Reclassifications out of AOCI	(8,839)	(1,380)	(2,179)	6,545
Tax effect	(9,127)	(12,305)	(25,496)	(34,601)
Total other comprehensive income (loss), net of tax	24,980	15,723	57,398	63,250
Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	34,237	34,987	72,930	84,781
Reclassifications out of AOCI	(14,729)	(7,242)	(13,790)	(5,143)
Tax effect	(6,874)	(10,064)	(21,055)	(30,130)
Total other comprehensive income (loss), net of tax	12,634	17,681	38,085	49,508
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	8,709	(5,579)	12,143	6,525
Reclassifications out of AOCI	0	0	0	0
Tax effect	0	0	0	0
Total other comprehensive income (loss), net of tax	8,709	(5,579)	12,143	6,525
Pension Benefit Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	0	0	0	0
Reclassifications out of AOCI	5,890	5,862	11,611	11,688
Tax effect	(2,253)	(2,241)	(4,441)	(4,471)
Total other comprehensive income (loss), net of tax	$ 3,637	$ 3,621	$ 7,170	$ 7,217

Accumulated Other Comprehensi62

Accumulated Other Comprehensive Income (Loss) (Reclassifications Out of AOCI) (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Reclassifications out of AOCI		$ 8,839	$ 1,380	$ 2,179	$ (6,545)
Amortization of net actuarial loss				(13,834)
Amortization of prior service credit				2,223
Unrealized Gains (Losses) on Securities
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net realized gains on sales of securities		14,729	7,242	13,790	5,628
Net other-than-temporary impairment losses					(485)
Reclassifications out of AOCI		14,729	7,242	13,790	5,143
Tax effect		(5,244)	(2,740)	(5,274)	(1,967)
Pension Benefit Adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Reclassifications out of AOCI		(5,890)	(5,862)	(11,611)	(11,688)
Tax effect		2,253	2,241	4,441	4,471
Amortization of net actuarial loss	[1]	(6,902)	(7,073)	(13,834)	(14,110)
Amortization of prior service credit	[1]	$ 1,012	$ 1,211	$ 2,223	$ 2,422
[1]	These components of AOCI are included in the computation of net periodic cost. See Note 9 Employee Benefit Plans for additional details.

Segment Information (Narrative)

Segment Information (Narrative) (Detail)	6 Months Ended
	Jun. 30, 2017State
Segment Reporting Information [Line Items]
Number of states issues title insurance policies	49
Number of states licensed to issues property and casualty insurance policies	50
Number of states issues property and casualty policies	47
Number of states issues home warranty contracts	39
California
Segment Reporting Information [Line Items]
Policy liability percentage	65.00%

Segment Information (Schedule o

Segment Information (Schedule of Selected Financial Information) (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017	Jun. 30, 2016
Segment Reporting Information [Line Items]
Revenues	$ 1,454,429	$ 1,361,533	$ 2,771,472	$ 2,563,245
Income (loss) before income taxes	184,154	153,607	268,034	229,199
Depreciation and amortization	30,145	23,994	60,292	46,414
Capital expenditures	38,525	31,164	70,091	61,022
Operating Segments | Title Insurance and Services
Segment Reporting Information [Line Items]
Revenues	1,336,910	1,255,922	2,539,857	2,354,391
Income (loss) before income taxes	197,305	172,437	295,548	260,111
Depreciation and amortization	28,557	22,439	57,108	43,515
Capital expenditures	35,916	29,696	66,309	57,939
Operating Segments | Specialty Insurance
Segment Reporting Information [Line Items]
Revenues	115,162	104,424	225,427	207,465
Income (loss) before income taxes	9,560	4,718	19,601	16,962
Depreciation and amortization	1,547	1,459	3,098	2,707
Capital expenditures	2,609	1,468	3,782	3,083
Corporate
Segment Reporting Information [Line Items]
Revenues	2,646	1,202	6,764	1,410
Income (loss) before income taxes	(22,711)	(23,548)	(47,115)	(47,874)
Depreciation and amortization	41	96	86	192
Capital expenditures	0	0	0	0
Eliminations
Segment Reporting Information [Line Items]
Revenues	(289)	(15)	(576)	(21)
Income (loss) before income taxes	0	0	0	0
Depreciation and amortization	0	0	0	0
Capital expenditures	$ 0	$ 0	$ 0	$ 0