First American Financial (FAF) 10-K 20 Feb 19 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Feb. 15, 2019	Jun. 30, 2018
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	FY
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 Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		111,476,203
Entity Public Float			$ 5,602,927,038

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 1,467,129	$ 1,387,226
Accounts and accrued income receivable, less allowances of $22,841 and $23,066	325,686	311,084
Income taxes receivable	11,007	38,673
Investments:
Deposits with banks	36,209	41,335
Debt securities, includes pledged securities of $110,975 and $108,427	5,713,811	4,752,684
Equity securities	353,535	466,516
Other investments	121,965	117,768
Investments, Total	6,225,520	5,378,303
Secured financings receivable	76,311	0
Property and equipment, net	457,840	439,569
Title plants and other indexes	577,467	568,452
Deferred income taxes	16,636	22,803
Goodwill	1,144,166	1,113,005
Other intangible assets, net	109,372	99,913
Other assets	219,501	214,194
Total assets	10,630,635	9,573,222
LIABILITIES AND EQUITY
Deposits	3,786,183	3,070,566
Accounts payable and accrued liabilities:
Accounts payable	47,079	68,460
Personnel costs	199,711	194,357
Pension costs and other retirement plans	386,264	401,083
Other	145,634	129,257
Accounts payable and accrued liabilities	778,688	793,157
Deferred revenue	243,280	240,822
Reserve for known and incurred but not reported claims	1,042,679	1,028,933
Income taxes payable	8,988	4,602
Deferred income taxes	217,097	219,307
Secured financings payable	76,313	0
Notes and contracts payable	732,019	732,810
Total liabilities	6,885,247	6,090,197
Commitments and contingencies (Notes 18 and 19)
Stockholders’ equity:
Preferred stock, $0.00001 par value; Authorized—500 shares; Outstanding—none	0	0
Common stock, $0.00001 par value; Authorized—300,000 shares; Outstanding—111,496 shares and 110,925 shares	1	1
Additional paid-in capital	2,258,290	2,236,351
Retained earnings	1,644,165	1,311,112
Accumulated other comprehensive loss	(160,575)	(67,509)
Total stockholders’ equity	3,741,881	3,479,955
Noncontrolling interests	3,507	3,070
Total equity	3,745,388	3,483,025
Total liabilities and equity	$ 10,630,635	$ 9,573,222

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Statement Of Financial Position [Abstract]
Accounts and accrued income receivable, allowances	$ 22,841	$ 23,066
Pledged securities included in debt securities	$ 110,975	$ 108,427
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	111,496,000	110,925,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Direct premiums and escrow fees	$ 2,507,669	$ 2,461,854	$ 2,416,039
Agent premiums	2,284,906	2,360,659	2,286,630
Information and other	781,467	776,214	723,990
Net investment income	230,289	162,402	126,134
Net realized investment (losses) gains	(56,487)	11,234	23,053
Total revenues	5,747,844	5,772,363	5,575,846
Expenses:
Personnel costs	1,748,949	1,723,539	1,655,164
Premiums retained by agents	1,799,836	1,863,356	1,801,571
Other operating expenses	900,208	1,055,886	955,310
Provision for policy losses and other claims	452,633	450,410	488,601
Depreciation and amortization	125,927	128,053	99,047
Premium taxes	69,775	69,801	66,358
Interest	40,978	35,987	32,214
Total expenses	5,138,306	5,327,032	5,098,265
Income before income taxes	609,538	445,331	477,581
Income taxes	133,640	23,468	134,105
Net income	475,898	421,863	343,476
Less: Net income (loss) attributable to noncontrolling interests	1,402	(1,186)	483
Net income attributable to the Company	$ 474,496	$ 423,049	$ 342,993
Net income per share attributable to the Company’s stockholders:
Basic	$ 4.21	$ 3.79	$ 3.10
Diluted	4.19	3.76	3.09
Cash dividends declared per share	$ 1.60	$ 1.44	$ 1.20
Weighted-average common shares outstanding:
Basic	112,613	111,668	110,548
Diluted	113,279	112,435	111,156

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 93,174	$ 151,461	$ 155,091	$ 76,172	$ 220,713	$ 21,186	$ 121,895	$ 58,069	$ 475,898	$ 421,863	$ 343,476
Other comprehensive income (loss), net of tax:
Unrealized (losses) gains on securities									(38,418)	63,563	(10,359)
Foreign currency translation adjustment									(26,796)	24,744	(6,334)
Pension benefit adjustment									12,680	74,597	25,300
Total other comprehensive (loss) income, net of tax									(52,534)	162,904	8,607
Comprehensive income									423,364	584,767	352,083
Less: Comprehensive income (loss) attributable to noncontrolling interests									1,384	(1,173)	487
Comprehensive income attributable to the Company									$ 421,980	$ 585,940	$ 351,596

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - 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, 2015		$ 2,753,123	$ 1	$ 2,150,813	$ 838,149	$ (239,003)	$ 2,749,960	$ 3,163
Balance Shares at Dec. 31, 2015		109,098
Net income		$ 343,476			342,993		342,993	483
Dividends on common shares		(131,541)			(131,541)		(131,541)
Purchase of Company shares, Value		$ (454)		(454)			(454)
Purchase of Company shares, shares		(14)
Shares issued in connection with share-based compensation, value		$ 4,519		7,298	(2,779)		4,519
Shares issued in connection with share-based compensation, shares		860
Share-based compensation		$ 34,125		34,125			34,125
Net activity related to noncontrolling interests		2,494		(26)			(26)	2,520
Other comprehensive income (loss)		8,607				8,603	8,603	4
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
Net income		$ 421,863			423,049		423,049	(1,186)
Dividends on common shares		(159,284)			(159,284)		(159,284)
Shares issued in connection with share-based compensation, value		$ 2,732		6,226	(3,494)		2,732
Shares issued in connection with share-based compensation, shares		981
Share-based compensation		$ 37,399		37,399			37,399
Net activity related to noncontrolling interests		(957)		970			970	(1,927)
Other		4,019			4,019		4,019
Other comprehensive income (loss)		162,904				162,891	162,891	13
Balance value at Dec. 31, 2017		$ 3,483,025	1	2,236,351	1,311,112	(67,509)	3,479,955	3,070
Balance Shares at Dec. 31, 2017		110,925
Cumulative effect adjustment (Note 1)	[1]	$ (40,550)
Cumulative effect adjustment (Note 1) | Accounting Standards Update 2016-01					40,550	(40,550)
Net income		475,898			474,496		474,496	1,402
Dividends on common shares		(178,487)			(178,487)		(178,487)
Purchase of Company shares, Value		$ (18,801)		(18,801)			(18,801)
Purchase of Company shares, shares		(425)
Shares issued in connection with share-based compensation, value		$ (4,105)		(599)	(3,506)		(4,105)
Shares issued in connection with share-based compensation, shares		996
Share-based compensation		$ 41,145		41,145			41,145
Net activity related to noncontrolling interests		(753)		194			194	(947)
Other comprehensive income (loss)		(52,534)				(52,516)	(52,516)	(18)
Balance value at Dec. 31, 2018		$ 3,745,388	$ 1	$ 2,258,290	$ 1,644,165	$ (160,575)	$ 3,741,881	$ 3,507
Balance Shares at Dec. 31, 2018		111,496
[1]	The Company recognized a cumulative-effect adjustment to retained earnings for cumulative net unrealized gains related to its investments in equity securities upon adoption of new accounting guidance on January 1, 2018. See Note 1 Basis of Presentation and Significant Accounting Policies for further discussion of the new guidance.

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 475,898	$ 421,863	$ 343,476
Adjustments to reconcile net income to cash provided by operating activities:
Provision for policy losses and other claims	452,633	450,410	488,601
Depreciation and amortization	125,927	128,053	99,047
Amortization of premiums and accretion of discounts on debt securities, net	26,994	31,211	28,325
Excess tax benefits from share-based compensation	0	0	(3,415)
Net realized investment losses (gains)	56,487	(11,234)	(23,053)
Share-based compensation	41,145	37,399	34,125
Equity in earnings of affiliates, net	(2,717)	(3,785)	(8,173)
Dividends from equity method investments	4,909	11,083	10,023
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions:
Claims paid, including assets acquired, net of recoveries	(450,756)	(472,047)	(462,999)
Net change in income tax accounts	42,079	(102,819)	17,601
Decrease (increase) in accounts and accrued income receivable	5,264	12,426	(10,017)
Increase (decrease) in accounts payable and accrued liabilities	15,303	127,683	(29,339)
Increase in deferred revenue	2,741	10,238	21,534
Other, net	(2,742)	(8,347)	(16,320)
Cash provided by operating activities	793,165	632,134	489,416
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash effect of acquisitions/dispositions	(79,171)	(82,993)	(106,719)
Net decrease (increase) in deposits with banks	3,361	(18,319)	712
Purchases of debt and equity securities	(3,157,893)	(1,970,597)	(2,062,743)
Proceeds from sales of debt and equity securities	1,501,402	1,163,765	731,146
Proceeds from maturities of debt securities	640,558	641,442	948,257
Net change in other investments	(6,792)	3,763	2,244
Advances under secured financing agreements	(2,380,878)	0	0
Collections of secured financings receivable	2,374,329	0	0
Capital expenditures	(118,170)	(134,206)	(132,265)
Proceeds from sales of property and equipment	2,630	9,977	9,220
Cash used for investing activities	(1,220,624)	(387,168)	(610,148)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits	715,617	291,088	80,463
Borrowings under secured financing agreements	2,380,976	0	0
Repayments of secured financings payable	(2,374,426)	0	0
Net proceeds from issuance of notes and contracts payable	0	0	160,000
Repayment of notes and contracts payable	(5,294)	(5,543)	(5,171)
Net activity related to noncontrolling interests	(745)	(969)	(1,029)
Excess tax benefits from share-based compensation	0	0	3,415
Net (payments) proceeds in connection with share-based compensation plans	(4,105)	2,732	1,104
Purchase of Company shares	(18,801)	0	(454)
Payments of cash dividends	(178,487)	(159,284)	(131,541)
Cash provided by financing activities	514,735	128,024	106,787
Effect of exchange rate changes on cash	(7,373)	8,098	(7,238)
Net increase (decrease) in cash and cash equivalents	79,903	381,088	(21,183)
Cash and cash equivalents—Beginning of year	1,387,226	1,006,138	1,027,321
Cash and cash equivalents—End of year	1,467,129	1,387,226	1,006,138
SUPPLEMENTAL INFORMATION:
Interest	39,183	33,680	30,125
Premium taxes	68,526	66,785	65,506
Income taxes, less refunds of $7,255, $52,153 and $4,055	$ 91,745	$ 126,208	$ 116,309

CONSOLIDATED STATEMENTS OF CA_2

CONSOLIDATED STATEMENTS OF CASH FLOWS (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statement Of Cash Flows [Abstract]
Income taxes, refunds	$ 7,255	$ 52,153	$ 4,055

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	12 Months Ended
	Dec. 31, 2018
Organization Consolidation And Presentation Of Financial Statements [Abstract]
Basis of Presentation and Significant Accounting Policies	NOTE 1. Basis of Presentation and Significant Accounting Policies: First American Financial Corporation (the “Company”), through its subsidiaries, is engaged in the business of providing financial services. 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 designed to mitigate risk or otherwise facilitate real estate transactions, many of which products, services and solutions involve the use of real property-related data; maintains, manages and provides access to title plant records and images; and provides appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, evidence of title, and banking, trust and wealth management 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, the District of Columbia and certain United States territories. The Company also offers title insurance, closing services and similar or related products and services, either directly or through third parties in other 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 62% 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 36 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. Principles of Consolidation The consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) and reflect the consolidated operations of the Company. The consolidated financial statements include the accounts of First American Financial Corporation and all controlled subsidiaries. All significant intercompany transactions and balances have been eliminated. Equity investments in which the Company exercises significant influence, but does not control and is not the primary beneficiary, are accounted for using the equity method. Equity investments in which the Company does not exercise significant influence over the investee and without readily determinable fair values, are accounted for at cost, less impairment and are adjusted for any observable price changes. O ut-of-period adjustments During 2017, the Company identified certain uncollectible balances related to fees within its title insurance and services segment, which primarily related to reporting periods prior to 2016, that should have been previously written off. To correct for this error, the Company recorded an adjustment in 2017, which increased other operating expenses and increased accounts payable and accrued liabilities by $8.5 million. Also, during 2017, the Company identified certain title plant assets within its title insurance and services segment that should have been previously written off, and certain title plant imaging assets that were misclassified as title plant assets. To correct for these errors, the Company recorded adjustments in 2017 to net realized investment gains, depreciation and amortization and title plants and other indexes. The impact of these adjustments included an increase to depreciation and amortization of $4.7 million, a decrease to net realized investment gains of $1.8 million and a decrease to title plant and other indexes of $6.5 million. The Company does not consider these adjustments to be material, individually or in the aggregate, to any previously issued consolidated financial statements. Use of estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the statements. Actual results could differ from the estimates and assumptions used. Cash equivalents The Company considers cash equivalents to be all short-term investments that have an initial maturity of 90 days or less and are not restricted for statutory deposit or premium reserve requirements. Accounts and accrued income receivable Accounts and accrued income receivable are generally due within thirty days and are recorded net of an allowance for doubtful accounts. The Company considers accounts outstanding longer than the contractual payment terms as past due. The Company determines the allowance by considering a number of factors, including the length of time trade accounts receivable are past due, previous loss history, a specific customer’s ability to pay its obligations to the Company and the condition of the general economy and industry as a whole. Amounts are charged off in the period in which they are deemed to be uncollectible. Investments Deposits with banks Deposits with banks are short-term investments with initial maturities of generally more than 90 days. Debt securities Debt securities are carried at fair value and consist primarily of investments in obligations of the United States Treasury, foreign governments, various U.S. and foreign corporations, certain state and political subdivisions and mortgage-backed securities. The Company classifies its publicly traded debt securities as available-for-sale with unrealized gains or losses recorded as a component of accumulated other comprehensive loss. The Company maintains investments in debt securities in accordance with certain statutory requirements for the funding of statutory premium reserves and state deposits. At December 31, 2018 and 2017, the fair values of such investments totaled $111.0 million and $108.4 million, respectively. See Note 2 Statutory Restrictions on Investments and Stockholders’ Equity for additional discussion of the Company’s statutory restrictions. Interest income, as well as the related amortization of premium and accretion of discount, on debt securities are recognized under the effective yield method and are included in the accompanying consolidated statements of income in net investment income. Realized gains and losses on sales of debt securities are determined on a first-in, first-out basis. The Company evaluates its debt securities with unrealized losses on a quarterly basis for potential other-than-temporary impairments in value. If the Company intends to sell a debt security in an unrealized loss position or determines that it is more likely than not that the Company will be required to sell a debt security before it recovers its amortized cost basis, the debt security is other-than-temporarily impaired and it is written down to fair value with all losses recognized in earnings. As of December 31, 2018, the Company did not intend to sell any debt securities in an unrealized loss position and it is not more likely than not that the Company will be required to sell any debt securities before recovery of their amortized cost basis. If the Company does not expect to recover the amortized cost basis of a debt security with declines in fair value (even if the Company does not intend to sell the debt security and it is not more likely than not that the Company will be required to sell the debt security), the loss is considered an other-than-temporary impairment loss and the credit portion of the loss (“credit loss”) is recognized in earnings and the non-credit portion is recognized in other comprehensive income. The credit loss is the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the debt security. The cash flows expected to be collected are discounted at the rate implicit in the security immediately prior to the recognition of the other-than-temporary impairment. Expected future cash flows for debt securities are based on qualitative and quantitative factors specific to each security, including the probability of default and the estimated timing and amount of recovery. The detailed inputs used to project expected future cash flows may be different depending on the nature of the individual debt security. As a result of its security-level review, the Company did not recognize any other-than-temporary impairment losses considered to be credit related for the years ended December 31, 2018 and 2017 and recognized $0.5 million of other-than-temporary impairment losses considered to be credit related for the year ended December 31, 2016. It is possible that the Company could recognize additional other-than-temporary impairment losses on securities it owns at December 31, 2018 if future events or information cause it to determine that a decline in fair value is other-than-temporary. Equity securities Equity securities are carried at fair value and consist primarily of investments in exchange traded funds, mutual funds and marketable common and preferred stocks of corporate entities. The Company adopted new accounting guidance on January 1, 2018, which requires investments in equity securities with readily determinable fair values to be measured at fair value with changes in fair value recognized through net income. See Recently Adopted Accounting Pronouncements within this note for further discussion of the new guidance. Other investments Other investments consist primarily of equity investments in which the Company exercises significant influence, but does not control and is not the primary beneficiary; equity investments in which the Company does not exercise significant influence over the investee and without readily determinable fair values; investments in real estate; and notes receivable. Equity investments in which the Company exercises significant influence, but does not control and is not the primary beneficiary, are accounted for under the equity method of accounting. These investments are initially measured at cost and are generally adjusted by the Company’s share of equity in the income or losses of the investee. The carrying value of these investments is written down, or impaired, to fair value when a decline in value is considered to be other-than-temporary. In making the determination as to whether an individual investment is impaired, the Company assesses the current and expected financial condition of each relevant entity, including, but not limited to, the anticipated ability of the entity to make its contractually required payments to the Company (with respect to debt obligations to the Company), the results of valuation work performed with respect to the entity, the entity’s anticipated ability to generate sufficient cash flows and the market conditions in the industry in which the entity is operating. Equity investments in which the Company does not exercise significant influence over the investee and without readily determinable fair values are measured at cost, less impairment and are adjusted for any observable price changes. Investments in real estate are classified as held for sale and carried at the lower of cost or fair value, less estimated selling costs. Notes receivable are carried at cost, less reserves for losses. Loss reserves are established for notes receivable based upon an estimate of probable losses for the individual notes. A loss reserve is established on an individual note when it is deemed probable that the Company will be unable to collect all amounts due in accordance with the contractual terms of the note. The loss reserve is based upon the Company’s assessment of the borrower’s overall financial condition, resources and payment record; and, if appropriate, the realizable value of any collateral. These estimates consider all available evidence including the expected future cash flows, estimated fair value of collateral on secured notes, general economic conditions and trends, and other relevant factors, as appropriate. Notes are placed on non-accrual status when management determines that the collectibility of contractual amounts is not reasonably assured. Secured financings receivable and payable Secured financings receivable, which reflect financing transactions with correspondent mortgage lenders involved in residential real estate lending, are collateralized by mortgages on residential real estate. Collections of the receivable balance occur upon sale of the underlying mortgage loan to investors, generally within 30 days and more typically in less than 10 days. Secured financings receivable is stated at the principal balance outstanding and no allowance for doubtful accounts is maintained as the receivable balance is generally considered fully collectible. Interest income is recorded on an accrual basis during the period the principal balance remains outstanding. Secured financings payable reflect borrowings under secured warehouse lending facilities with several banking institutions. Repayment of the warehouse borrowing occurs upon sale of the mortgage loan to investors as noted above. Interest expense is recorded during the period the borrowing remains outstanding. See Note 20 Business Combinations for further information about the Company’s 2018 acquisition of a specialized warehouse lender. Property and equipment Buildings and furniture and equipment are initially recorded at cost and are generally depreciated using the straight-line method over estimated useful lives ranging from 5 to 40 years and from 1 to 15 years, respectively. Leasehold improvements are initially recorded at cost and are amortized over the lesser of the remaining term of the respective lease or the estimated useful life, using the straight-line method. Computer software, which is acquired or developed for internal use and for use with the Company’s products, is amortized over estimated useful lives ranging from 1 to 15 years using the straight-line method. Software development costs, which include certain payroll-related costs of employees directly associated with developing software in addition to incremental payments to third parties, are capitalized from the time technological feasibility is established until the software is ready for use. Management uses estimated future cash flows (undiscounted and excluding interest) to measure the recoverability of property and equipment whenever events or changes in circumstances indicate that the carrying value may not be fully recoverable. If the undiscounted cash flow analysis indicates that the carrying amount is not recoverable, an impairment loss is recorded for the excess of the carrying amount over its fair value. Impairment losses on property and equipment, which primarily related to impairments of internally developed software, were $41 thousand, $0.5 million and $5.2 million for the years ended December 31, 2018, 2017 and 2016, respectively. Title plants and other indexes Title plants and other indexes included title plants of $530.4 million and $526.2 million and capitalized real estate data of $47.1 million and $42.3 million at December 31, 2018 and 2017, respectively. Title plants are carried at cost, with the costs of daily maintenance (updating) charged to expense as incurred. Because properly maintained title plants have indefinite lives and do not diminish in value with the passage of time, no provision has been made for depreciation or amortization. The Company analyzes its title plants at least annually for impairment. This analysis includes, but is not limited to, the effects of obsolescence, duplication, demand and other economic factors. Capitalized real estate data is initially recorded at cost and is amortized using the straight-line method over estimated useful lives ranging from 5 to 15 years. Business Combinations Amounts paid for acquisitions are allocated to the tangible and intangible assets acquired and liabilities assumed, and are based on their estimated fair values at the date of acquisition. The excess of the fair value of purchase consideration over the fair values of the identifiable assets and liabilities is recorded as goodwill Goodwill Impairment The Company is required to perform an annual goodwill impairment assessment for each reporting unit for which goodwill has been allocated. Those reporting units include title insurance, home warranty and property and casualty insurance. The Company’s trust and other services reporting unit has no allocated goodwill and is, therefore, not assessed for impairment. The Company has elected to perform this annual assessment in the fourth quarter of each fiscal year or sooner if circumstances indicate possible impairment. Based on accounting guidance, the Company has the option to perform a qualitative assessment to determine if the fair value is more likely than not (i.e., a likelihood of greater than 50%) less than the carrying amount as a basis for determining whether it is necessary to perform a quantitative impairment test, or may choose to forego a qualitative assessment and perform a quantitative impairment test. The qualitative factors considered in this assessment may include macroeconomic conditions, industry and market considerations, overall financial performance as well as other relevant events and circumstances as determined by the Company. The Company evaluates the weight of each factor to determine whether it is more likely than not that impairment may exist. If the results of the qualitative assessment indicate the more likely than not threshold was not met, the Company may choose not to perform the quantitative impairment test. If, however, the more likely than not threshold is met, the Company will perform a quantitative test as required and discussed below. Management’s quantitative impairment testing process includes two steps. The first step (“Step 1”) compares the fair value of each reporting unit to its carrying amount. The fair value of each reporting unit is determined by using discounted cash flow analysis and market approach valuations. If the fair value of the reporting unit exceeds its carrying amount, the goodwill is not considered impaired and no additional analysis is required. However, if the carrying amount is greater than the fair value, a second step (“Step 2”) must be completed to determine if the fair value of the goodwill exceeds the carrying amount of goodwill. Step 2 involves calculating an implied fair value of goodwill for each reporting unit for which Step 1 indicated impairment. The implied fair value of goodwill is determined in a manner similar to the amount of goodwill calculated in a business combination, by measuring the excess of the estimated fair value of the reporting unit, as determined in Step 1, over the aggregate estimated fair values of the individual assets, liabilities and identifiable intangibles as if the reporting unit was being acquired in a business combination. If the implied fair value of goodwill exceeds the carrying value of goodwill assigned to the reporting unit, there is no impairment. If the carrying value of goodwill assigned to a reporting unit exceeds the implied fair value of the goodwill, an impairment loss is recorded for the excess. An impairment loss cannot exceed the carrying value of goodwill assigned to a reporting unit, and the loss establishes a new basis in the goodwill. Subsequent reversal of goodwill impairment losses is not permitted. The quantitative impairment test for goodwill utilizes a variety of valuation techniques, all of which require the Company to make estimates and judgments. Fair value is determined by employing an expected present value technique, which utilizes expected cash flows and an appropriate discount rate. The use of comparative market multiples (the “market approach”) compares the reporting unit to other comparable companies (if such comparables are present in the marketplace) based on valuation multiples to arrive at a fair value. In assessing the fair value, the Company utilizes the results of the valuations (including the market approach to the extent comparables are available) and considers the range of fair values determined under all methods and the extent to which the fair value exceeds the carrying amount of the reporting unit. The valuation of each reporting unit includes the use of assumptions and estimates of many critical factors, including revenue growth rates and operating margins, discount rates and future market conditions, determination of market multiples and the establishment of a control premium, among others. Forecasts of future operations are based, in part, on operating results and the Company’s expectations as to future market conditions. These types of analyses contain uncertainties because they require the Company to make assumptions and to apply judgments to estimate industry economic factors and the profitability of future business strategies. However, if actual results are not consistent with the Company’s estimates and assumptions, the Company may be exposed to future impairment losses that could be material. For 2018 and 2017, the Company chose to perform qualitative assessments for its title insurance and home warranty reporting units and performed a quantitative impairment test for its property and casualty insurance reporting unit. Based on the results of its quantitative impairment tests for 2018 and 2017, the Company determined that the fair value of its property and casualty insurance reporting unit exceeded the carrying amount and, therefore, no additional analysis was required. The results of the Company’s qualitative assessments for its title insurance and home warranty reporting units for 2018 and 2017 supported the conclusion that their fair values were not more likely than not less than their carrying amounts and, therefore, a quantitative impairment test was not considered necessary. For 2016, the Company chose to perform a quantitative impairment test for all three reporting units and, based on the results, determined that the fair values of its reporting units exceeded their carrying amounts and, therefore, no additional analysis was required. As a result of the Company’s annual goodwill impairment assessments, the Company did not record any goodwill impairment losses for 2018, 2017 or 2016. Other intangible assets The Company’s finite-lived intangible assets consist of customer relationships, noncompete agreements, trademarks, internal-use software licenses and patents. These assets are amortized on a straight-line basis over their useful lives ranging from 1 to 20 years and are subject to impairment assessments when there is an indication of a triggering event or abandonment. The Company’s indefinite-lived other intangible assets consist of licenses which are not amortized but rather assessed for impairment by comparing the fair values to carrying amounts at least annually, and when an indicator of potential impairment has occurred. Management uses estimated future cash flows (undiscounted and excluding interest) to measure the recoverability of intangible assets with finite lives, whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. If the undiscounted cash flow analysis indicates that the carrying amount is not recoverable, an impairment loss is recorded for the excess of the carrying amount over its fair value. Management’s impairment assessment for indefinite-lived other intangible assets may involve calculating the fair value by using a discounted cash flow analysis or through a market approach valuation. If the fair value exceeds its carrying amount, the asset is not considered impaired and no additional analysis is required. However, if the carrying amount is greater than the fair value, an impairment loss is recorded equal to the excess. Reserve for known and incurred but not reported claims The Company provides for title insurance losses through a charge to expense when the related premium revenue is recognized. The amount charged to expense is generally determined by applying a rate (the loss provision rate) to total title insurance premiums and escrow fees. The Company’s management estimates the loss provision rate at the beginning of each year and reassesses the rate quarterly to ensure that the resulting incurred but not reported (“IBNR”) loss reserve and known claims reserve included in the Company’s consolidated balance sheets together reflect management’s best estimate of the total costs required to settle all IBNR and known claims. If the ending IBNR reserve is not considered adequate, an adjustment is recorded. The process of assessing the loss provision rate and the resulting IBNR reserve involves an evaluation of the results of an in-house actuarial review. The Company’s in-house actuary performs a reserve analysis utilizing generally accepted actuarial methods that incorporate cumulative historical claims experience and information provided by in-house claims and operations personnel. Current economic and business trends are also reviewed and used in the reserve analysis. These include conditions in the real estate and mortgage markets, changes in residential and commercial real estate values, and changes in the levels of defaults and foreclosures that may affect claims levels and patterns of emergence, as well as any company-specific factors that may be relevant to past and future claims experience. Results from the analysis include, but are not limited to, a range of IBNR reserve estimates and a single point estimate for IBNR as of the balance sheet date. For recent policy years at early stages of development (generally the last three years), IBNR is generally estimated using a combination of expected loss rate and multiplicative loss development factor calculations. For more mature policy years, IBNR generally is estimated using multiplicative loss development factor calculations. The expected loss rate method estimates IBNR by applying an expected loss rate to total title insurance premiums and escrow fees, and adjusting for policy year maturity using estimated loss development patterns. Multiplicative loss development factor calculations estimate IBNR by applying factors derived from loss development patterns to losses realized to date. The expected loss rate and loss development patterns are based on historical experience and the relationship of the history to the applicable policy years. The Company’s management uses the IBNR point estimate from the in-house actuary’s analysis and other relevant information concerning claims to determine what it considers to be the best estimate of the total amount required for the IBNR reserve. The volume and timing of title insurance claims are subject to cyclical influences from both the real estate and mortgage markets. Title policies issued to lenders constitute a large portion of the Company’s title insurance volume. These policies insure lenders against losses on mortgage loans due to title defects in the collateral property. Even if an underlying title defect exists that could result in a claim, often, the lender must realize an actual loss, or at least be likely to realize an actual loss, for a title insurance liability to exist. As a result, title insurance claims exposure is sensitive to lenders’ losses on mortgage loans and is affected in turn by external factors that affect mortgage loan losses, particularly macroeconomic factors. A general decline in real estate prices can expose lenders to greater risk of losses on mortgage loans, as loan-to-value ratios increase and defaults and foreclosures increase. Title insurance claims exposure for a given policy year is also affected by the quality of mortgage loan underwriting during the corresponding origination year. The Company believes that the sensitivity of claims to external conditions in the real estate and mortgage markets is an inherent feature of title insurance’s business economics that applies broadly to the title insurance industry. Title insurance policies are long-duration contracts with the majority of the claims reported to the Company within the first few years following the issuance of the policy. Generally, 70% to 80% of claim amounts become known in the first six years of the policy life, and the majority of IBNR reserves relate to the six most recent policy years. Changes in expected ultimate losses and corresponding loss rates for recent policy years are considered likely and could result in a material adjustment to the IBNR reserves. A material change in expected ultimate losses and corresponding loss rates for older policy years is also possible, particularly for policy years with loss rates exceeding historical norms. The estimates made by management in determining the appropriate level of IBNR reserves could ultimately prove to be materially different from actual claims experience. The reserve for property and casualty insurance losses reflects management’s best estimate of the amount necessary to settle all reported and unreported claims for the ultimate cost of insured losses, based upon the facts of each case and the Company’s experience with similar cases. The Company also utilizes the services of an independent actuary as part of its reserve analysis. Because the establishment of appropriate reserves, including reserves for catastrophes, is an inherently uncertain and complex process, the ultimate cost of insured losses may be more or less than the reserve amount. Reserve estimates are regularly analyzed and updated to reflect the most current information available. The Company provides for claims losses relating to its home warranty business based on the average cost per claim and historical loss experience as applied to the total of new claims incurred. The average cost per home warranty claim is calculated using the average of the most recent 12 months of claims experience adjusted for estimated future increases in costs. Contingent litigation and regulatory liabilities Amounts related to contingent litigation and regulatory liabilities are accrued if it is probable that a liability has been incurred and an amount is reasonably estimable. The Company records legal fees in other operating expenses in the period incurred. Revenues Premiums on title policies issued directly by the Company are recognized on the effective date of the title policy and escrow fees are recorded upon close of the escrow. Premiums on property and casualty insurance policies and home warranty contracts are generally recognized ratably over the 12-month duration of the contract or policy. Revenues from title policies issued by agents are recorded when notice of issuance is received from the agent, which is generally when cash payment is received by the Company. Information and other revenues and escrow fees are within the scope of new accounting guidance related to the recognition of revenue from contracts with customers, which the Company adopted effective January 1, 2018. Under the new guidance, revenue is recognized when control of the promised goods or services is transferred to the customer and in an amount that reflects the consideration the Company expects to be entitled to in exchange for these goods or services. See Recently Adopted Accounting Pronouncements within this note for further discussion of the new guidance. For those products and services where the Company’s performance obligation is satisfied at a point in time and for w

Statutory Restrictions On Inves

Statutory Restrictions On Investments And Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Insurance [Abstract]
Statutory Restrictions on Investments and Stockholders’ Equity	NOTE 2. Statutory Restrictions on Investments and Stockholders’ Equity: Investments totaling $129.2 million and $131.0 million were on deposit with state treasurers in accordance with statutory requirements for the protection of policyholders at December 31, 2018 and 2017, respectively. Pursuant to insurance and other regulations under which the Company’s insurance subsidiaries operate, the amount of dividends, loans and advances available to the Company is limited, principally for the protection of policyholders. As of December 31, 2018, under such regulations, the maximum amount available to the Company from its insurance subsidiaries in 2019, without prior approval from applicable regulators, was dividends of $291.2 million and loans and advances of $98.6 million. The Company’s principal title insurance subsidiary, First American Title Insurance Company (“FATICO”), maintained total statutory capital and surplus of $1.2 billion as of December 31, 2018 and 2017. Statutory net income for the years ended December 31, 2018, 2017 and 2016 was $258.4 million, $306.5 million and $150.0 million, respectively. FATICO was in compliance with the minimum statutory capital and surplus requirements as of December 31, 2018. FATICO is domiciled in Nebraska and its statutory-based financial statements are prepared in accordance with accounting practices prescribed or permitted by the Nebraska Department of Insurance. The National Association of Insurance Commissioners’ (“NAIC”) Accounting Practices and Procedures Manual (“NAIC SAP”) has been adopted as a component of prescribed or permitted practices by the state of Nebraska. The state of Nebraska has adopted certain prescribed accounting practices that differ from those found in the NAIC SAP. Specifically, the timing of amounts released from the statutory premium reserve under Nebraska’s required practice differs from NAIC SAP resulting in total statutory capital and surplus that was lower by $209.0 million and $148.5 million at December 31, 2018 and 2017, respectively, than if reported in accordance with NAIC SAP. Statutory accounting principles differ in some respects from GAAP, and these differences include, but are not limited to, non-admission of certain assets (principally limitations on deferred tax assets, goodwill, capitalized furniture and other equipment, capitalized software, and premiums and other receivables 90 days past due), reporting of bonds at amortized cost, amortization of goodwill, deferral of premiums received as statutory premium reserve, supplemental reserve (if applicable) and exclusion of the incurred but not reported claims reserve. In addition, beginning in 2018, the changes in the fair values of equity securities are recorded through net income for GAAP, whereas statutory accounting principles continue to require these changes to be recorded on the balance sheet.

Debt and Equity Securities

Debt and Equity Securities	12 Months Ended
	Dec. 31, 2018
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: Amortized Gross unrealized Estimated (in thousands) gains losses December 31, 2018 U.S. Treasury bonds $ 162,904 $ 741 $ (1,139 ) $ 162,506 Municipal bonds 1,050,134 7,210 (12,309 ) 1,045,035 Foreign government bonds 158,885 571 (2,159 ) 157,297 Governmental agency bonds 319,115 1,145 (4,093 ) 316,167 Governmental agency mortgage-backed securities 3,219,585 12,030 (29,016 ) 3,202,599 U.S. corporate debt securities 575,646 1,113 (15,499 ) 561,260 Foreign corporate debt securities 274,881 551 (6,485 ) 268,947 $ 5,761,150 $ 23,361 $ (70,700 ) $ 5,713,811 December 31, 2017 U.S. Treasury bonds $ 173,049 $ 2,199 $ (1,250 ) $ 173,998 Municipal bonds 1,031,146 12,185 (7,394 ) 1,035,937 Foreign government bonds 170,220 489 (1,221 ) 169,488 Governmental agency bonds 212,731 1,061 (2,322 ) 211,470 Governmental agency mortgage-backed securities 2,172,377 3,168 (16,588 ) 2,158,957 U.S. corporate debt securities 734,409 11,768 (2,962 ) 743,215 Foreign corporate debt securities 256,430 4,145 (956 ) 259,619 $ 4,750,362 $ 35,015 $ (32,693 ) $ 4,752,684 Sales of debt securities resulted in realized gains of $3.3 million, $5.4 million and $12.6 million, realized losses of $20.3 million, $16.4 million and $2.7 million, and proceeds of $1.3 billion, $821.0 million and $561.0 million for the years ended December 31, 2018, 2017 and 2016, respectively. Gross unrealized losses on investments in debt securities are as follows: Less than 12 months 12 months or longer Total (in thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized December 31, 2018 U.S. Treasury bonds $ 19,749 $ (85 ) $ 55,615 $ (1,054 ) $ 75,364 $ (1,139 ) Municipal bonds 172,387 (1,772 ) 369,139 (10,537 ) 541,526 (12,309 ) Foreign government bonds 23,654 (1,037 ) 42,119 (1,122 ) 65,773 (2,159 ) Governmental agency bonds 56,270 (748 ) 90,631 (3,345 ) 146,901 (4,093 ) Governmental agency mortgage-backed securities 850,459 (6,955 ) 982,610 (22,061 ) 1,833,069 (29,016 ) U.S. corporate debt securities 374,473 (10,537 ) 109,844 (4,962 ) 484,317 (15,499 ) Foreign corporate debt securities 175,762 (4,575 ) 50,802 (1,910 ) 226,564 (6,485 ) $ 1,672,754 $ (25,709 ) $ 1,700,760 $ (44,991 ) $ 3,373,514 $ (70,700 ) December 31, 2017 U.S. Treasury bonds $ 78,605 $ (511 ) $ 37,498 $ (739 ) $ 116,103 $ (1,250 ) Municipal bonds 279,292 (1,714 ) 226,895 (5,680 ) 506,187 (7,394 ) Foreign government bonds 98,942 (972 ) 6,678 (249 ) 105,620 (1,221 ) Governmental agency bonds 55,707 (409 ) 93,737 (1,913 ) 149,444 (2,322 ) Governmental agency mortgage-backed securities 671,871 (4,868 ) 774,959 (11,720 ) 1,446,830 (16,588 ) U.S. corporate debt securities 171,817 (1,568 ) 60,724 (1,394 ) 232,541 (2,962 ) Foreign corporate debt securities 81,525 (821 ) 5,697 (135 ) 87,222 (956 ) $ 1,437,759 $ (10,863 ) $ 1,206,188 $ (21,830 ) $ 2,643,947 $ (32,693 ) Based on the Company’s review of its debt securities in an unrealized loss position at December 31, 2018, it determined that the losses were primarily the result of changes in interest rates, which were considered to be temporary, rather than a deterioration in credit quality. The Company does not intend to sell and it is not more likely than not that the Company will be required to sell these securities prior to recovering their amortized cost. As such, the Company does not consider these securities to be other-than-temporarily impaired at December 31, 2018. Investments in debt securities at December 31, 2018, by contractual maturities, are as follows: (in thousands) Due in one Due after Due after Due after Total U.S. Treasury bonds Amortized cost $ 69,650 $ 67,223 $ 2,744 $ 23,287 $ 162,904 Estimated fair value $ 69,504 $ 67,043 $ 2,716 $ 23,243 $ 162,506 Municipal bonds Amortized cost $ 65,779 $ 232,548 $ 266,936 $ 484,871 $ 1,050,134 Estimated fair value $ 65,708 $ 232,572 $ 266,724 $ 480,031 $ 1,045,035 Foreign government bonds Amortized cost $ 20,304 $ 112,746 $ 14,336 $ 11,499 $ 158,885 Estimated fair value $ 20,290 $ 112,629 $ 13,933 $ 10,445 $ 157,297 Governmental agency bonds Amortized cost $ 21,574 $ 122,750 $ 127,392 $ 47,399 $ 319,115 Estimated fair value $ 21,379 $ 121,397 $ 128,075 $ 45,316 $ 316,167 U.S. corporate debt securities Amortized cost $ 29,561 $ 266,261 $ 250,275 $ 29,549 $ 575,646 Estimated fair value $ 29,418 $ 261,369 $ 241,937 $ 28,536 $ 561,260 Foreign corporate debt securities Amortized cost $ 17,889 $ 169,153 $ 79,443 $ 8,396 $ 274,881 Estimated fair value $ 17,824 $ 166,460 $ 76,746 $ 7,917 $ 268,947 Total debt securities, excluding mortgage-backed securities Amortized cost $ 224,757 $ 970,681 $ 741,126 $ 605,001 $ 2,541,565 Estimated fair value $ 224,123 $ 961,470 $ 730,131 $ 595,488 $ 2,511,212 Total mortgage-backed securities Amortized cost $ 3,219,585 Estimated fair value $ 3,202,599 Total debt securities Amortized cost $ 5,761,150 Estimated fair value $ 5,713,811 Mortgage-backed securities, which include contractual terms to maturity, are not categorized by contractual maturity as borrowers may have the right to call or prepay obligations with, or without, call or prepayment penalties. Investments in equity securities are as follows: Cost Estimated (in thousands) December 31, 2018 Preferred stocks $ 16,892 $ 14,162 Common stocks 341,460 339,373 $ 358,352 $ 353,535 December 31, 2017 Preferred stocks $ 19,233 $ 18,990 Common stocks 394,439 447,526 $ 413,672 $ 466,516 The Company adopted new accounting guidance on January 1, 2018, which requires investments in equity securities with readily determinable fair values to be measured at fair value with changes in fair value recognized through net income. See Note 1 Basis of Presentation and Significant Accounting Policies for further discussion of the new guidance. Net losses (realized and unrealized) of $38.6 million were recognized for the year ended December 31, 2018 as a result of changes in the fair values of equity securities. Included in net losses during the year ended December 31, 2018 were net unrealized losses of $37.6 million related to equity securities still held at December 31, 2018. For the years ended December 31, 2017 and 2016, sales of equity securities resulted in realized gains of $30.2 million and $18.1 million and realized losses of $2.1 million and $7.0 million, respectively. The composition of the investment portfolio at December 31, 2018, 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 Debt securities: U.S. Treasury bonds $ 162,506 100.0 $ — — $ — — $ 162,506 100.0 Municipal bonds 978,624 93.6 56,174 5.4 10,237 1.0 1,045,035 100.0 Foreign government bonds 128,759 81.9 24,888 15.8 3,650 2.3 157,297 100.0 Governmental agency bonds 316,167 100.0 — — — — 316,167 100.0 Governmental agency mortgage-backed securities 3,202,599 100.0 — — — — 3,202,599 100.0 U.S. corporate debt securities 242,100 43.1 172,633 30.8 146,527 26.1 561,260 100.0 Foreign corporate debt 119,565 44.4 118,029 43.9 31,353 11.7 268,947 100.0 Total debt securities 5,150,320 90.1 371,724 6.5 191,767 3.4 5,713,811 100.0 Preferred stocks 48 0.3 12,916 91.2 1,198 8.5 14,162 100.0 Total $ 5,150,368 89.9 $ 384,640 6.7 $ 192,965 3.4 $ 5,727,973 100.0 Included in debt securities at December 31, 2018, were bank loans totaling $144.6 million, of which $133.2 million were non-investment grade; high yield corporate debt securities totaling $38.7 million, all of which were non-investment grade; and emerging market debt securities totaling $72.2 million, of which $9.6 million were non-investment grade. The composition of the debt securities portfolio in an unrealized loss position at December 31, 2018, 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 U.S. Treasury bonds $ 75,364 100.0 $ — — $ — — $ 75,364 100.0 Municipal bonds 519,316 95.9 16,195 3.0 6,015 1.1 541,526 100.0 Foreign government bonds 38,237 58.1 23,886 36.3 3,650 5.6 65,773 100.0 Governmental agency bonds 146,901 100.0 — — — — 146,901 100.0 Governmental agency mortgage-backed securities 1,833,069 100.0 — — — — 1,833,069 100.0 U.S. corporate debt securities 193,758 40.0 148,054 30.6 142,505 29.4 484,317 100.0 Foreign corporate debt 88,816 39.2 107,806 47.6 29,942 13.2 226,564 100.0 Total $ 2,895,461 85.8 $ 295,941 8.8 $ 182,112 5.4 $ 3,373,514 100.0 Debt securities in an unrealized loss position at December 31, 2018, included bank loans totaling $141.2 million, of which $129.8 million were non-investment grade; high yield corporate debt securities totaling $36.7 million, all of which were non-investment grade; and emerging market debt securities totaling $63.4 million, of which $9.6 million were non-investment grade. The credit ratings in the above tables reflect published ratings obtained from globally recognized securities rating agencies. 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” rating category because the payments of principal and interest are guaranteed by the governmental agency that issued the security.

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2018
Property Plant And Equipment [Abstract]
Property and Equipment	NOTE 4. Property and Equipment: Property and equipment consists of the following: December 31, 2018 2017 (in thousands) Land $ 25,472 $ 25,983 Buildings 257,159 255,389 Furniture and equipment 242,415 247,022 Capitalized software 667,667 621,203 1,192,713 1,149,597 Accumulated depreciation and amortization (734,873 ) (710,028 ) $ 457,840 $ 439,569

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	NOTE 5. Goodwill: A summary of the changes in the carrying amount of goodwill, by reportable segment, for the years ended December 31, 2018 and 2017, is as follows: Title Specialty Total (in thousands) Balance as of December 31, 2016 $ 970,652 $ 46,765 $ 1,017,417 Acquisitions 91,516 — 91,516 Foreign currency translation 4,370 — 4,370 Other adjustments (298 ) — (298 ) Balance as of December 31, 2017 1,066,240 46,765 1,113,005 Acquisitions 36,806 — 36,806 Foreign currency translation (5,017 ) — (5,017 ) Other adjustments (628 ) — (628 ) Balance as of December 31, 2018 $ 1,097,401 $ 46,765 $ 1,144,166 For further discussion about the Company’s acquisitions in 2018 and 2017, see Note 20 Business Combinations.

Other Intangible Assets

Other Intangible Assets	12 Months Ended
	Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Other Intangible Assets	NOTE 6. Other Intangible Assets: Other intangible assets consist of the following: December 31, 2018 2017 (in thousands) Finite-lived intangible assets: Customer relationships $ 114,603 $ 106,086 Noncompete agreements 14,402 11,509 Trademarks 10,753 9,229 Internal-use software licenses 29,394 28,956 Patents 2,840 2,840 171,992 158,620 Accumulated amortization (79,535 ) (75,591 ) 92,457 83,029 Indefinite-lived intangible assets: Licenses 16,915 16,884 $ 109,372 $ 99,913 Amortization expense for finite-lived intangible assets was $30.4 million, $28.1 million and $15.4 million for the years ended December 31, 2018, 2017 and 2016, respectively. Estimated amortization expense for finite-lived intangible assets for the next five years is as follows: Year (in thousands) 2019 $ 25,620 2020 $ 14,294 2021 $ 10,967 2022 $ 10,330 2023 $ 9,859

Deposits

Deposits	12 Months Ended
	Dec. 31, 2018
Banking And Thrift [Abstract]
Deposits	NOTE 7. Deposits: Deposit accounts are summarized as follows: December 31, 2018 2017 (in thousands, except Escrow accounts: Interest bearing $ 2,496,805 $ 2,058,596 Non-interest bearing 1,133,825 879,252 3,630,630 2,937,848 Business checking and other deposits (1) 155,553 132,718 $ 3,786,183 $ 3,070,566 Weighted-average interest rate: Interest bearing escrow accounts 0.12 % 0.10 % (1) Business checking and other deposits primarily reflect non-interest bearing accounts.

Reserve for Known and Incurred

Reserve for Known and Incurred but Not Reported Claims	12 Months Ended
	Dec. 31, 2018
Insurance Loss Reserves [Abstract]
Reserve for Known and Incurred but Not Reported Claims	NOTE 8. 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: December 31, 2018 2017 2016 (in thousands) Balance at beginning of year $ 1,028,933 $ 1,025,863 $ 983,880 Provision related to: Current year 444,969 446,500 441,228 Prior years 7,664 3,910 47,373 452,633 450,410 488,601 Payments, net of recoveries, related to: Current year 242,617 240,468 223,735 Prior years 208,139 231,579 239,264 450,756 472,047 462,999 Other 11,869 24,707 16,381 Balance at end of year $ 1,042,679 $ 1,028,933 $ 1,025,863 Current year payments, net of recoveries, include $228.3 million, $225.6 million and $211.3 million for the years ended December 31, 2018, 2017 and 2016, respectively, that relate to the Company’s specialty insurance segment. Prior year payments, net of recoveries, include $56.7 million, $46.1 million and $41.4 million for the years ended December 31, 2018, 2017 and 2016, respectively, that relate to the Company’s specialty insurance segment. “Other” primarily includes foreign currency translation gains and losses and ceded reinsurance claims. Payments and recoveries on reinsured losses for the Company’s title insurance business were immaterial during the years ended December 31, 2018, 2017 and 2016. Payments on reinsured losses for the Company’s property and casualty insurance business totaled $15.3 million, $8.9 million, and $2.1 million, and recoveries totaled $20.3 million, $9.6 million, and $2.0 million for the years ended December 31, 2018, 2017 and 2016, respectively. The provision for title insurance losses, expressed as a percentage of title insurance premiums and escrow fees, was 4.0% for the years ended December 31, 2018 and 2017 and 5.5% for the year ended December 31, 2016. The current year 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 2017 rate of 4.0% reflected the ultimate loss rate for policy year 2017 and no change in the loss reserve estimates for prior policy years. The 2016 rate of 5.5% reflected an ultimate loss rate of 4.5% for policy year 2016 and a $42.6 million net increase in loss reserve estimates for prior policy years. The increase in loss reserve estimates for prior policy years was primarily attributable to potential uncertainty with respect to the Company’s exposure to large title claims. A large title claim is defined as a title claim with a total ultimate loss in excess of $2.5 million. This uncertainty was due to the following factors, among others: (i) the volatility associated with the timing and severity of large title claims, (ii) the potential of incurring one or more large title claims that significantly exceed estimated ultimate losses indicated by current historical trends, and (iii) the complexity associated with handling large title claims which makes it difficult to estimate the ultimate outcome. While the Company believed its claims reserve attributable to large title claims was reasonable, this uncertainty increased the potential for adverse loss development. As of December 31, 2018, the projected ultimate loss rates for policy years 2018, 2017 and 2016 were 4.0%, 3.9% and 3.8%, respectively. A summary of the Company’s loss reserves is as follows: (in thousands, except percentages) December 31, 2018 December 31, 2017 Known title claims $ 80,306 7.7 % $ 83,094 8.1 % IBNR title claims 877,134 84.1 % 875,724 85.1 % Total title claims 957,440 91.8 % 958,818 93.2 % Non-title claims 85,239 8.2 % 70,115 6.8 % Total loss reserves $ 1,042,679 100.0 % $ 1,028,933 100.0 % Specialty Insurance Segment The following reflects information about incurred and paid claims development for the Company’s specialty insurance segment as of December 31, 2018, net of reinsurance, as well as cumulative claims frequency, by claims event, and the total of incurred but not reported claims plus expected development on reported claims included with the net incurred claims amounts. The information below about incurred and paid claims development for the years ended December 31, 2009 to 2015, is presented as supplementary information. Incurred claims and allocated claim adjustment expenses, net of reinsurance December 31, 2018 Accident Years ended December 31, Total of IBNR liabilities plus expected development on reported Cumulative number of reported Year 2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 2018 claims claims (in thousands) 2009 $ 141,154 $ 139,580 $ 139,663 $ 139,266 $ 138,936 $ 139,090 $ 139,191 $ 139,216 $ 139,186 $ 139,186 $ — 605 2010 140,621 139,966 139,991 139,639 140,128 140,641 140,353 140,308 140,324 — 606 2011 148,395 149,076 149,768 149,486 149,763 149,552 149,488 149,487 — 641 2012 157,287 158,981 159,918 160,579 160,517 160,911 161,650 — 692 2013 182,858 184,419 185,244 184,826 184,668 184,777 26 762 2014 190,985 190,738 191,120 191,025 190,944 123 789 2015 221,617 225,754 225,977 226,555 342 867 2016 245,859 249,358 251,506 939 972 2017 267,392 275,480 2,940 1,014 2018 264,088 11,329 1,063 Total $ 1,983,997 * Amounts unaudited. Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance Accident Years ended December 31, Year 2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 2018 (in thousands) 2009 $ 113,550 $ 134,606 $ 137,689 $ 138,293 $ 138,710 $ 138,963 $ 139,181 $ 139,186 $ 139,186 $ 139,186 2010 113,513 136,770 138,978 139,486 140,136 140,886 140,302 140,304 140,321 2011 123,116 144,367 146,952 148,984 149,358 149,495 149,485 149,486 2012 130,623 153,753 157,364 159,181 159,740 160,268 161,304 2013 151,377 180,277 182,565 183,957 184,473 184,711 2014 156,536 185,686 188,117 189,525 190,398 2015 181,445 217,618 223,045 225,041 2016 205,857 243,111 248,211 2017 220,218 266,653 2018 222,966 Total $ 1,928,277 All outstanding liabilities before 2009, net of reinsurance 16 Liabilities for claims and claims adjustment expenses, net of reinsurance $ 55,736 * Amounts unaudited. A reconciliation of the net incurred and paid claims development tables to the liability for claims and claim adjustment expense at December 31, 2018, is as follows: December 31, 2018 (in thousands) Liability for unpaid claims and claim adjustment expenses, net of reinsurance: Specialty insurance $ 55,736 Reinsurance recoverable on unpaid claims: Specialty insurance 28,290 Unallocated claims adjustment expenses: Specialty insurance 1,213 Insurance lines other than short-duration: Title insurance 957,440 Liability for unpaid claims and claims adjustment expenses $ 1,042,679 The following reflects supplementary information about average historical claims duration for the Company’s specialty insurance segment as of December 31, 2018: Average annual percentage payout of incurred claims by age, net of reinsurance (unaudited) Years 1 2 3 4 5 6 7 8 9 10 Annual payout 82.6 % 14.7 % 1.5 % 0.8 % 0.3 % 0.1 % 0.0 % 0.0 % 0.0 % 0.0 %

Notes and Contracts Payable

Notes and Contracts Payable	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Notes and Contracts Payable	NOTE 9. Notes and Contracts Payable: December 31, 2018 2017 (in thousands, except percentages) 4.60% senior unsecured notes due November 15, 2024, effective interest rate of 4.60% $ 300,000 $ 300,000 4.30% senior unsecured notes due February 1, 2023, effective interest rate of 4.35% 250,000 250,000 Line of credit borrowings due May 14, 2019, weighted-average interest rate of 4.15% and 3.32% at December 31, 2018 and 2017, respectively 160,000 160,000 Trust deed notes with maturities through 2023, collateralized by land and buildings with net book values of $39,283 and $46,478 at December 31, 2018 and 2017, respectively, weighted-average interest rate of 5.26% and 5.27%, at December 31, 2018 and 2017, respectively 19,247 22,725 Other notes and contracts payable with maturities through 2032, weighted-average interest rate of 4.49% and 4.70% at December 31, 2018 and 2017, respectively 5,791 3,707 735,038 736,432 Unamortized discount – senior unsecured notes (462 ) (560 ) Debt issuance costs – senior unsecured notes (2,557 ) (3,062 ) $ 732,019 $ 732,810 The weighted-average interest rate for the Company’s notes and contracts payable was 4.42% and 4.24% at December 31, 2018 and 2017, respectively. The Company maintains a credit agreement with JPMorgan Chase Bank, N.A. in its capacity as administrative agent and the lenders party thereto. The credit agreement is comprised of a $700.0 million revolving credit facility. Unless terminated earlier, the revolving loan commitments under the credit agreement will terminate and outstanding borrowings will become due and payable on May 14, 2019. The obligations of the Company under the credit agreement are neither secured nor guaranteed. Proceeds under the credit agreement may be used for general corporate purposes. At December 31, 2018, outstanding borrowings under the facility totaled $160.0 million at an interest rate of 4.15%. The credit agreement includes an expansion option that permits the Company, subject to satisfaction of certain conditions, to increase the revolving commitments and/or add term loan tranches (“Incremental Term Loans”) in an aggregate amount not to exceed $150.0 million. Incremental Term Loans, if made, may not mature prior to the revolving commitment termination date, provided that amortization may occur prior to such date. At the Company’s election, borrowings under the credit agreement bear interest at (a) the Alternate Base Rate plus the applicable spread or (b) the Adjusted LIBOR rate plus the applicable spread (in each case as defined in the agreement). The Company may select interest periods of one, two, three or six months or (if agreed to by all lenders) such other number of months for Eurodollar borrowings of loans. The applicable spread varies depending upon the debt rating assigned by Moody’s Investor Service, Inc. and/or Standard & Poor’s Rating Services. The minimum applicable spread for Alternate Base Rate borrowings is 0.625% and the maximum is 1.00%. The minimum applicable spread for Adjusted LIBOR rate borrowings is 1.625% and the maximum is 2.00%. The rate of interest on Incremental Term Loans will be established at or about the time such loans are made and may differ from the rate of interest on revolving loans. The credit agreement includes representations and warranties, reporting covenants, affirmative covenants, negative covenants, financial covenants and events of default customary for financings of this type. Upon the occurrence of an event of default the lenders may accelerate the loans. Upon the occurrence of certain insolvency and bankruptcy events of default the loans will automatically accelerate. As of December 31, 2018, the Company was in compliance with the financial covenants under the credit agreement. The aggregate annual maturities for notes and contracts payable for the next five years and thereafter, are as follows: Year Annual maturities (in thousands) 2019 $ 165,384 2020 5,066 2021 4,965 2022 5,104 2023 254,403 Thereafter 300,116 $ 735,038

Net Investment Income

Net Investment Income	12 Months Ended
	Dec. 31, 2018
Net Investment Income [Abstract]
Net Investment Income	NOTE 10. Net Investment Income: The components of net investment income are as follows: Year ended December 31, 2018 2017 2016 (in thousands) Interest on: Cash, cash equivalents and deposits with banks $ 21,910 $ 7,321 $ 3,989 Debt securities 138,409 104,458 89,920 Other investments 64,328 22,221 7,818 Dividends on equity securities 12,718 12,925 12,684 Deferred compensation plan assets (6,399 ) 14,211 5,861 Equity in earnings of affiliates, net 2,717 3,785 8,173 Other 106 607 130 Total investment income 233,789 165,528 128,575 Investment expenses (3,500 ) (3,126 ) (2,441 ) Net investment income $ 230,289 $ 162,402 $ 126,134

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 11. Income Taxes: On December 22, 2017, comprehensive tax reform legislation known as the Tax Cuts and Jobs Act (the “Tax Reform Act”) was signed into law. The Tax Reform Act amended the Internal Revenue Code to reduce U.S. tax rates and modify policies, credits and deductions for individuals and businesses. Also, on December 22, 2017, the SEC issued Staff Accounting Bulletin No. 118, which provided for a one-year measurement period that allowed businesses time to evaluate the financial statement implications of the Tax Reform Act and to analyze its impact on financial statements issued during the measurement period. This was in recognition of the fact that the ultimate impact of the Tax Reform Act on a business’ financial statements could differ, perhaps materially, from the amounts originally estimated due to further refinement of tax calculations, changes in interpretations and assumptions related to the Tax Reform Act, guidance issued by taxing authorities and regulatory bodies, and actions businesses could take as a result of the Tax Reform Act. The Company completed its accounting for the impact of the Tax Reform Act during the measurement period and recorded adjustments of $6.8 million to its initial 2017 estimates during the fourth quarter of 2018. Specifically, during 2018 the Company relied on regulations issued by the Internal Revenue Service and recorded an additional $3.0 million of foreign tax credits available to offset taxes due on the future repatriation of foreign earnings. In addition, the Company recorded a tax benefit of $3.8 million as a result of adjustments made to its deferred tax balances as of December 31, 2017, primarily due to a change in its tax accounting method related to statutory premium reserves. These amounts are reflected in the 2018 summary of income taxes and effective tax rate reconciliation below. For the years ended December 31, 2018, 2017 and 2016, domestic and foreign pretax income from continuing operations before noncontrolling interests were $571.9 million and $37.6 million, $391.4 million and $53.9 million, and $416.5 million and $61.1 million, respectively. Income taxes are summarized as follows: Year ended December 31, 2018 2017 2016 (in thousands) Current: Federal $ 101,427 $ 116,400 $ 24,208 State 12,285 9,382 1,943 Foreign 8,990 11,533 10,806 122,702 137,315 36,957 Deferred: Federal 4,381 (104,062 ) 91,190 State 299 (10,724 ) 3,753 Foreign 6,258 939 2,205 10,938 (113,847 ) 97,148 $ 133,640 $ 23,468 $ 134,105 Income taxes differ from the amounts computed by applying the federal income tax rates of 21% for 2018 and 35.0% for 2017 and 2016. A reconciliation of these differences is as follows: Year ended December 31, 2018 2017 2016 (in thousands, except percentages) Taxes calculated at federal rate $ 128,003 21.0 % $ 155,866 35.0 % $ 167,153 35.0 % State taxes, net of federal benefit 9,941 1.6 (872 ) (0.2 ) 3,703 0.8 Change in liability for tax positions 875 0.1 (3,482 ) (0.8 ) (10,512 ) (2.2 ) Foreign income taxed at different rates 7,287 1.2 (6,163 ) (1.3 ) (7,983 ) (1.7 ) Federal tax credits — — — — (12,265 ) (2.6 ) Tax reform impact (6,804 ) (1.1 ) (129,139 ) (29.0 ) — — Unremitted foreign earnings (146 ) — 14,997 3.3 — — Other items, net (5,516 ) (0.9 ) (7,739 ) (1.7 ) (5,991 ) (1.2 ) $ 133,640 21.9 % $ 23,468 5.3 % $ 134,105 28.1 % The Company’s effective income tax rates (income tax expense as a percentage of income before income taxes) were 21.9% for 2018, 5.3% for 2017, and 28.1% for 2016. The effective tax rates differ from the federal statutory rate as a result of state and foreign income taxes for which the Company is liable, as well as permanent differences between amounts reported for financial statement purposes and taxable income. The Company’s effective tax rates for 2018 and 2017 also include the impact of the Tax Reform Act as discussed above, as well as the recognition of excess tax benefits associated with share-based payment transactions through income tax expense. The Company’s effective tax rate for 2017 also reflects state tax benefits relating to the termination of the Company’s defined benefit pension plan and the release of reserves relating to tax positions taken on prior year tax returns. 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. The primary components of temporary differences that give rise to the Company’s net deferred tax liability are as follows: December 31, 2018 2017 (in thousands) Deferred tax assets: Deferred revenue $ 7,362 $ 7,766 Employee benefits 87,960 86,519 Bad debt reserves 7,421 7,191 Loss reserves 1,793 1,372 Pension 18,817 22,600 Net operating loss carryforward 13,290 13,914 Securities 11,356 — Foreign tax credit 8,415 7,976 Other 5,464 5,673 161,878 153,011 Valuation allowance (10,621 ) (10,333 ) 151,257 142,678 Deferred tax liabilities: Depreciable and amortizable assets 230,758 204,863 Claims and related salvage 108,497 104,323 Investments in affiliates 1,957 3,343 Securities — 11,656 Unremitted foreign earnings 10,506 14,997 351,718 339,182 Net deferred tax liability $ 200,461 $ 196,504 The exercise of stock options and vesting of RSUs represent a tax benefit that has been reflected as a reduction of income taxes payable and a reduction of income tax expense for the years ended December 31, 2018 and 2017. The benefits recorded were $5.2 million and $3.4 million for the years ended December 31, 2018 and 2017, respectively. In connection with the Company’s June 2010 spin-off from its prior parent, the Company entered into a tax sharing agreement which governs the Company’s and its prior parent’s respective rights, responsibilities and obligations for certain tax-related matters. At December 31, 2018 and 2017, the Company had a net payable to its prior parent of $15.6 million and $15.0 million, respectively, related to tax matters prior to the spin-off. These amounts are included in the Company’s consolidated balance sheets in accounts payable and accrued liabilities. The increase during the current year was primarily the result of an additional accrual for tax matters prior to the spin-off. At December 31, 2018, the Company had available a foreign tax credit carryover net of valuation allowance of $8.3 million. The Company expects to utilize this credit within the carryover period. At December 31, 2018, the Company had available net operating loss carryforwards for income tax purposes totaling $78.2 million, consisting of federal, state and foreign losses of $0.4 million, $35.9 million and $41.9 million, respectively. Of the aggregate net operating losses, $28.6 million has an indefinite expiration and the remaining $49.6 million expires at various times beginning in 2019. 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. At December 31, 2018 and 2017, the Company carried a valuation allowance of $10.6 million and $10.3 million, respectively, against its deferred tax assets. Of this amount, $8.9 million and $9.3 million, respectively, related to net operating losses ; As of December 31, 2018, 2017 and 2016, the liability for income taxes associated with uncertain tax positions was $13.3 million, $12.8 million and $18.1 million, respectively. The net increase in the liability during 2018 was attributable to new uncertain tax positions and the net decreases in the liabilities during 2017 and 2016 were primarily attributable to activity related to examinations conducted by various taxing authorities. The liabilities could be reduced by $3.7 million as of December 31, 2018 and 2017, and $5.7 million as of December 31, 2016, due to offsetting tax benefits associated with the correlative effects of potential adjustments, including timing adjustments and state income taxes. The net amounts of $9.6 million, $9.1 million and $12.4 million as of December 31, 2018, 2017 and 2016, respectively, if recognized, would favorably affect the Company’s effective tax rate. A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2018, 2017 and 2016 is as follows: December 31, 2018 2017 2016 (in thousands) Unrecognized tax benefits—beginning balance $ 12,800 $ 18,100 $ 23,800 Gross decreases—prior period tax positions — (1,000 ) (7,100 ) Gross increases—current period tax positions 500 — 1,400 Settlements with taxing authorities — (4,300 ) — Unrecognized tax benefits—ending balance $ 13,300 $ 12,800 $ 18,100 The Company’s continuing practice is to recognize interest and penalties, if any, related to uncertain tax positions in income tax expense. As of December 31, 2018, 2017 and 2016, the Company had accrued $5.8 million, $5.3 million and $4.1 million, respectively, of interest and penalties (net of tax benefits of $1.6 million, $1.4 million and $1.8 million, respectively) related to uncertain tax positions. 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. As of December 31, 2018, the Company had concluded U.S. federal income tax examinations through 2015 and is generally no longer subject to state and non-U.S. income tax examinations for years prior to 2005. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may significantly 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 records a liability for potential tax assessments based on its estimate of the potential exposure. New tax laws and new interpretations of laws and rulings by tax authorities may affect the liability for potential tax assessments. Due to the subjectivity and complex nature of the underlying issues, actual payments or assessments may differ from estimates. To the extent that the Company’s estimates differ from actual payments or assessments, income tax expense is adjusted. The Company’s income tax returns in several jurisdictions are being examined by various taxing authorities. The Company believes that adequate amounts of tax and related interest, if any, from any adjustments that may result from these examinations have been provided for.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 12. Earnings Per Share: The computation of basic and diluted earnings per share is as follows: Year ended December 31, 2018 2017 2016 (in thousands, except per share data) Numerator Net income attributable to the Company $ 474,496 $ 423,049 $ 342,993 Denominator Basic weighted-average shares 112,613 111,668 110,548 Effect of dilutive employee stock options and RSUs 666 767 608 Diluted weighted-average shares 113,279 112,435 111,156 Net income per share attributable to the Company’s stockholders Basic $ 4.21 $ 3.79 $ 3.10 Diluted $ 4.19 $ 3.76 $ 3.09 For the years ended December 31, 2018 and 2017, 11 thousand and 2 thousand RSUs, respectively, were excluded from the weighted-average diluted common shares outstanding due to their antidilutive effect. For the year ended December 31, 2016, no stock options or RSUs had an antidilutive effect on weighted-average diluted common shares outstanding.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2018
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans	NOTE 13. Employee Benefit Plans: The First American Financial Corporation 401(k) Savings Plan (the “Savings Plan”) allows for employee-elective contributions up to the maximum amount as determined by the Internal Revenue Code. The Company makes discretionary contributions to the Savings Plan based on profitability, as well as the contributions of participants. The Savings Plan held 2,162,000 shares and 2,428,000 shares of the Company’s common stock, representing 1.9% and 2.2% of the Company’s total common shares outstanding at December 31, 2018 and 2017, respectively. Effective July 1, 2015, participants in the Savings Plan can no longer make additional investments in common stock of the Company. The Company maintains a deferred compensation plan for certain employees that allows participants to defer up to 100% of their salary, commissions and certain bonuses. Participants can allocate their deferrals among a variety of investment crediting options (known as “deemed investments”). The term deemed investments means that the participant has no ownership interest in the funds they select; the funds are only used to measure the gains or losses that will be attributed to each participant’s deferral account over time. Participants can elect to have their deferral balance paid out while they are still employed or after their employment ends. The deferred compensation plan is exempt from most provisions of the Employee Retirement Income Security Act (“ERISA”) because it is only available to a select group of management and highly compensated employees and is not a qualified employee benefit plan. To preserve the tax-deferred savings advantages of a nonqualified deferred compensation plan, federal law requires that it be unfunded or informally funded. Participant deferrals, and any earnings on those deferrals, are general unsecured obligations of the Company. The Company informally funds the deferred compensation plan through a tax-advantaged investment known as variable universal life insurance. Deferred compensation plan assets are held as an asset of the Company within a special trust, known as a “Rabbi Trust.” At December 31, 2018 and 2017, the value of the assets held in the Rabbi Trust of $86.5 million and $92.7 million, respectively, and the unfunded liabilities of $94.3 million and $97.2 million, respectively, were included in the consolidated balance sheets in other assets and pension costs and other retirement plans, respectively. The Company also has nonqualified, unfunded supplemental benefit plans covering certain management personnel. The Executive and Management Supplemental Benefit Plans, subject to certain limitations, provide participants with maximum benefits of 30% and 15%, respectively, of average annual compensation over a fixed five year period. Effective January 1, 2011, the plans were closed to new participants. During 2016, the Company, and a subsidiary of the Company, terminated their funded defined benefit pension plans. Also, during 2016, the Company made additional cash contributions of $84.8 million above scheduled amounts and provided lump sum distributions to certain participants from pension plan assets totaling $127.2 million, for which the Company recognized $66.3 million in settlement costs. During 2017, the Company made cash contributions of $34.0 million to fully fund its pension obligation, completed the transfer of all remaining benefit obligations related to the pension plans to a highly rated insurance company, and recognized $152.4 million in settlement costs in the consolidated statements of income. Certain of the Company’s subsidiaries have separate savings and employee benefit plans. Expenses related to these plans and the Company’s deferred compensation plan are included in the table below under “other plans, net”. The principal components of employee benefit costs are as follows: Year ended December 31, 2018 2017 2016 (in thousands) Expense: Savings plan $ 46,208 $ 34,520 $ 33,109 Funded defined benefit pension plans — 162,368 88,908 Unfunded supplemental benefit plans 9,248 12,705 13,613 Other plans, net 2,794 17,595 10,090 $ 58,250 $ 227,188 $ 145,720 The following table summarizes the benefit obligations and funded status associated with the Company’s unfunded supplemental benefit and funded defined benefit pension plans: December 31, 2018 2017 Unfunded Unfunded Defined (in thousands) Change in projected benefit obligation: Benefit obligation at beginning of year $ 258,528 $ 251,204 $ 315,108 Service costs 519 734 — Interest costs 8,079 8,350 4,911 Actuarial (gains) losses (16,517 ) 11,761 8,560 Annuity purchase — — (318,592 ) Benefits paid (13,836 ) (13,521 ) (9,987 ) Projected benefit obligation at end of year 236,773 258,528 — Change in plan assets: Fair value of plan assets at beginning of year — — 291,760 Actual returns on plan assets — — 2,859 Contributions 13,836 13,521 33,960 Annuity purchase — — (318,592 ) Benefits paid (13,836 ) (13,521 ) (9,987 ) Fair value of plan assets at end of year — — — Reconciliation of funded status: Unfunded status of the plans $ 236,773 $ 258,528 $ — Amounts recognized in the consolidated balance sheet: Accrued benefit liability $ 236,773 $ 258,528 $ — Amounts recognized in accumulated other comprehensive loss: Unrecognized net actuarial loss $ 80,251 $ 101,596 $ — Unrecognized prior service credit (8,250 ) (12,429 ) — $ 72,001 $ 89,167 $ — Accumulated benefit obligation at end of year $ 236,773 $ 258,528 $ — Net periodic costs related to the Company’s unfunded supplemental benefit and funded defined benefit pension plans included the following components: Year ended December 31, 2018 2017 2016 (in thousands) Expense: Service costs $ 519 $ 734 $ 1,042 Interest costs 8,079 13,261 24,090 Expected return on plan assets — (4,740 ) (12,386 ) Amortization of net actuarial loss 4,828 17,742 28,282 Amortization of prior service credit (4,178 ) (4,312 ) (4,844 ) Settlement costs — 152,388 66,337 $ 9,248 $ 175,073 $ 102,521 The Company adopted new accounting guidance which requires the components of net periodic cost, other than the service cost component, to be included in other operating expenses in the Company’s consolidated statements of income. The change was applied retrospectively to the prior year, which resulted in a reclass of $175.0 million and $101.5 million from personnel costs to other operating expenses for the years ended December 31, 2017 and 2016, respectively. For further information about the new guidance see Note 1 Basis of Presentation and Significant Accounting Policies. For the years ended December 31, 2017 and 2016, net periodic cost includes costs related to the Company’s previously terminated defined benefit pension plans, for which the Company has no remaining obligation. Net actuarial loss and prior service credit for the unfunded supplemental benefit plans expected to be amortized from accumulated other comprehensive loss into net periodic cost over the next fiscal year include an expense of $3.7 million and a credit of $4.1 million, respectively. The weighted-average discount rate assumptions used to determine net periodic benefit costs for the Company’s unfunded supplemental benefits plans for the years ended December 31, 2018, 2017 and 2016, were as follows: Year ended December 31, 2018 2017 2016 Discount rate for projected benefit obligation 3.61 % 4.03 % 4.33 % Discount rate for service cost 3.78 % 4.32 % 4.69 % Discount rate for interest cost 3.23 % 3.43 % 3.56 % The weighted-average discount rate assumption used to determine the projected benefit obligation for the Company’s unfunded supplemental benefits plans at December 31, 2018 and 2017, was as follows: December 31, 2018 2017 Discount rate 4.32 % 3.61 % The discount rate assumptions used for the Company’s benefit plans reflect the yield available on high-quality, fixed-income debt securities that match the expected timing of the benefit obligation payments. The Company expects to make cash contributions of $14.6 million to its unfunded supplemental benefit plans during 2019. Benefit payments, which reflect expected future service, as appropriate, are expected to be made as follows: Year (in thousands) 2019 $ 14,588 2020 $ 15,626 2021 $ 16,000 2022 $ 16,259 2023 $ 16,492 Five years thereafter $ 81,032

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 14. 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 values 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 values. 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 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. 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 December 31, 2018 and 2017: (in thousands) Total Level 1 Level 2 Level 3 December 31, 2018 Assets: Debt securities: U.S. Treasury bonds $ 162,506 $ — $ 162,506 $ — Municipal bonds 1,045,035 — 1,045,035 — Foreign government bonds 157,297 — 157,297 — Governmental agency bonds 316,167 — 316,167 — Governmental agency mortgage-backed securities 3,202,599 — 3,202,599 — U.S. corporate debt securities 561,260 — 561,260 — Foreign corporate debt securities 268,947 — 268,947 — 5,713,811 — 5,713,811 — Equity securities: Preferred stocks 14,162 14,162 — — Common stocks 339,373 339,373 — — 353,535 353,535 — — Total assets $ 6,067,346 $ 353,535 $ 5,713,811 $ — (in thousands) Total Level 1 Level 2 Level 3 December 31, 2017 Assets: Debt securities: U.S. Treasury bonds $ 173,998 $ — $ 173,998 $ — Municipal bonds 1,035,937 — 1,035,937 — Foreign government bonds 169,488 — 169,488 — Governmental agency bonds 211,470 — 211,470 — Governmental agency mortgage-backed securities 2,158,957 — 2,158,957 — U.S. corporate debt securities 743,215 — 700,347 42,868 Foreign corporate debt securities 259,619 — 257,953 1,666 4,752,684 — 4,708,150 44,534 Equity securities: Preferred stocks 18,990 18,990 — — Common stocks 447,526 447,526 — — 466,516 466,516 — — Total assets $ 5,219,200 $ 466,516 $ 4,708,150 $ 44,534 There were no transfers between Levels 1 and 2 during the years ended December 31, 2018 and 2017. Transfers into or out of the Level 3 category occur when unobservable inputs become more or less significant to the fair value measurement. The Company’s policy is to recognize transfers between levels in the fair value hierarchy at the end of the reporting period. The following tables present a summary of the changes in the fair values of Level 3 assets for the years ended December 31, 2018 and 2017: December 31, 2018 December 31, 2017 (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 $ 42,868 $ 1,666 $ 44,534 $ 46,665 $ 6,268 $ 52,933 Transfers into Level 3 — — — 7,991 — 7,991 Transfers out of Level 3 (25,089 ) (788 ) (25,877 ) (14,472 ) (1,112 ) (15,584 ) Net realized and unrealized gains (losses): Included in earnings (194 ) 3 (191 ) (172 ) 18 (154 ) Included in other comprehensive income (loss) (156 ) (6 ) (162 ) (300 ) (52 ) (352 ) Purchases — — — 26,399 1,847 28,246 Sales (8,838 ) (349 ) (9,187 ) (7,606 ) (1,737 ) (9,343 ) Settlements (8,591 ) (526 ) (9,117 ) (15,637 ) (3,566 ) (19,203 ) Fair value at end of period $ — $ — $ — $ 42,868 $ 1,666 $ 44,534 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 approximates 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. Secured financings receivable The carrying amount of secured financings receivable approximates fair value due to the short-term nature of these assets. Secured financings payable The carrying amount of secured financings payable 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 December 31, 2018 and 2017: Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2018 Assets: Cash and cash equivalents $ 1,467,129 $ 1,467,129 $ 1,467,129 $ — $ — Deposits with banks $ 36,209 $ 35,979 $ 4,307 $ 31,672 $ — Notes receivable, net $ 13,237 $ 12,805 $ — $ — $ 12,805 Secured financings receivable $ 76,311 $ 76,311 $ — $ 76,311 $ — Liabilities: Secured financings payable $ 76,313 $ 76,313 $ — $ 76,313 $ — Notes and contracts payable $ 732,019 $ 741,839 $ — $ 736,048 $ 5,791 Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2017 Assets: Cash and cash equivalents $ 1,387,226 $ 1,387,226 $ 1,387,226 $ — $ — Deposits with banks $ 41,335 $ 41,259 $ 6,846 $ 34,413 $ — Notes receivable, net $ 7,066 $ 6,798 $ — $ — $ 6,798 Liabilities: Notes and contracts payable $ 732,810 $ 755,670 $ — $ 751,827 $ 3,843

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Plans	NOTE 15. Share-Based Compensation Plans: The First American Financial Corporation 2010 Incentive Compensation Plan (the “Incentive Compensation Plan”), effective May 28, 2010, permits the granting of stock options, stock appreciation rights, restricted stock, RSUs, performance units, performance shares and other stock-based awards. Eligible participants, which include the Company’s directors and officers, as well as other employees, may elect to defer the distribution of their RSUs to a future date beyond the scheduled vesting date. At December 31, 2018, 2.5 million shares of common stock remain available to be issued from either authorized and unissued shares or previously issued shares acquired by the Company, subject to certain annual limits based on the type of award granted. The Incentive Compensation Plan terminates 10 years from its effective date unless previously canceled by the Company’s board of directors. The First American Financial Corporation 2010 Employee Stock Purchase Plan (the “ESPP”) allows eligible employees the option to purchase common stock of the Company at 85% of the lower of the closing price on either the first or last day of each quarterly offering period. There were 363,000 and 390,000 shares issued in connection with this plan for the years ended December 31, 2018 and 2017, respectively. At December 31, 2018, there were 2.0 million shares reserved for future issuances. The following table summarizes the costs associated with the Company’s share-based compensation plans: Year ended December 31, 2018 2017 2016 (in thousands) Expense: RSUs $ 37,597 $ 34,059 $ 31,120 Stock options — 263 271 Employee stock purchase plan 3,548 3,077 2,734 $ 41,145 $ 37,399 $ 34,125 The following table summarizes RSU activity for the year ended December 31, 2018: (in thousands, except weighted-average grant-date fair value) Shares Weighted-average Unvested at December 31, 2017 1,411 $ 36.66 Granted during 2018 791 54.80 Vested during 2018 (919 ) 41.27 Forfeited during 2018 (35 ) 44.84 Unvested at December 31, 2018 1,248 $ 44.53 As of December 31, 2018, there was $28.1 million of total unrecognized compensation cost related to unvested RSUs that is expected to be recognized over a weighted-average period of 2.2 years. The fair value of RSUs is generally based on the market value of the Company’s shares on the date of grant. The weighted average grant-date fair value of RSUs was $54.80, $39.56 and $36.70 for the years ended December 31, 2018, 2017 and 2016, respectively. The total fair value of shares distributed for the years ended December 31, 2018, 2017 and 2016 was $54.5 million, $34.6 million and $29.0 million, respectively. At December 31, 2018, 1.0 million shares were vested but not distributed. The following table summarizes stock option activity for the year ended December 31, 2018: (in thousands, except weighted-average exercise price and contractual term) Number Weighted- Weighted- Aggregate Balance at December 31, 2017 66 $ 27.66 Exercised during 2018 (36 ) 27.66 Balance at December 31, 2018 30 $ 27.66 5.0 years $ 509 Exercisable at December 31, 2018 30 $ 27.66 5.0 years $ 509 As of December 31, 2018, there was no unrecognized compensation cost related to unvested stock options. Cash proceeds from stock options exercised totaled $1.0 million and $1.8 million, and the total intrinsic value of stock options exercised was $1.1 million and $1.0 million for the years ended December 31, 2018 and 2017, respectively. No stock options were exercised during the year ended December 31, 2016. Intrinsic value represents the difference between the fair market value of the Company’s common stock on the date of exercise and the exercise price of each option.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2018
Equity [Abstract]
Stockholders' Equity	NOTE 16. Stockholders’ Equity: In March 2014, the Company’s board of directors approved an increase in the size of the Company’s stock repurchase plan from $150.0 million to $250.0 million, of which $163.6 million remained as of December 31, 2018. Purchases may be made from time to time by the Company in the open market at prevailing market prices or in privately negotiated transactions. During the year ended December 31, 2018, the Company repurchased and retired 425 thousand shares of its common stock for a total purchase price of $18.8 million and as of December 31, 2018, had repurchased and retired 3.6 million shares of its common stock under the current authorization for a total purchase price of $86.4 million.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) ("AOCI")	12 Months Ended
	Dec. 31, 2018
Accumulated Other Comprehensive Income Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income (Loss) ("AOCI")	NOTE 17. Accumulated Other Comprehensive Income (Loss) (“AOCI”): The following table presents a summary of the changes in each component of AOCI for the years ended December 31, 2018, 2017 and 2016: Unrealized Foreign Pension Accumulated (in thousands) Balance at December 31, 2015 $ (16,401 ) $ (57,242 ) $ (165,357 ) $ (239,000 ) Change in unrealized gains (losses) on debt (15,702 ) — — (15,702 ) Change in foreign currency translation adjustment — (6,334 ) — (6,334 ) Net actuarial loss — — (48,803 ) (48,803 ) Amortization of net actuarial loss — — 28,282 28,282 Amortization of prior service credit — — (4,844 ) (4,844 ) Settlement costs — — 66,337 66,337 Tax effect 5,343 — (15,672 ) (10,329 ) Balance at December 31, 2016 (26,760 ) (63,576 ) (140,057 ) (230,393 ) Change in unrealized gains (losses) on debt 86,834 — — 86,834 Change in foreign currency translation adjustment — 24,744 — 24,744 Net actuarial loss — — (20,407 ) (20,407 ) Amortization of net actuarial loss — — 17,742 17,742 Amortization of prior service credit — — (4,312 ) (4,312 ) Settlement costs — — 152,388 152,388 Tax effect (23,271 ) — (70,814 ) (94,085 ) Balance at December 31, 2017 36,803 (38,832 ) (65,460 ) (67,489 ) Cumulative-effect adjustment, net of taxes (1) (40,550 ) — — (40,550 ) Change in unrealized gains (losses) on debt securities (49,661 ) — — (49,661 ) Change in foreign currency translation adjustment — (28,145 ) — (28,145 ) Net actuarial gain — — 16,517 16,517 Amortization of net actuarial loss — — 4,828 4,828 Amortization of prior service credit — — (4,178 ) (4,178 ) Tax effect 11,243 1,349 (4,487 ) 8,105 Balance at December 31, 2018 $ (42,165 ) $ (65,628 ) $ (52,780 ) $ (160,573 ) (1) The Company recognized a cumulative-effect adjustment to retained earnings for cumulative net unrealized gains related to its investments in equity securities upon adoption of new accounting guidance on January 1, 2018. See Note 1 Basis of Presentation and Significant Accounting Policies for further discussion of the new guidance. Components of AOCI allocated to the Company and noncontrolling interests at December 31, 2018, 2017 and 2016, are as follows: Unrealized Foreign Pension Accumulated (in thousands) 2018 Allocated to the Company $ (42,167 ) $ (65,628 ) $ (52,780 ) $ (160,575 ) Allocated to noncontrolling interests 2 — — 2 Balance at December 31, 2018 $ (42,165 ) $ (65,628 ) $ (52,780 ) $ (160,573 ) 2017 Allocated to the Company $ 36,783 $ (38,832 ) $ (65,460 ) $ (67,509 ) Allocated to noncontrolling interests 20 — — 20 Balance at December 31, 2017 $ 36,803 $ (38,832 ) $ (65,460 ) $ (67,489 ) 2016 Allocated to the Company $ (26,767 ) $ (63,576 ) $ (140,057 ) $ (230,400 ) Allocated to noncontrolling interests 7 — — 7 Balance at December 31, 2016 $ (26,760 ) $ (63,576 ) $ (140,057 ) $ (230,393 ) The following table presents the other comprehensive income (loss) reclassification adjustments for the years ended December 31, 2018, 2017 and 2016: Unrealized Foreign Pension Total (in thousands) Year ended December 31, 2018 Pretax change before reclassifications $ (63,910 ) $ (28,145 ) $ 16,517 $ (75,538 ) Reclassifications out of AOCI 14,249 — 650 14,899 Tax effect 11,243 1,349 (4,487 ) 8,105 Total other comprehensive income (loss), net of tax $ (38,418 ) $ (26,796 ) $ 12,680 $ (52,534 ) Year ended December 31, 2017 Pretax change before reclassifications $ 101,553 $ 24,744 $ (20,407 ) $ 105,890 Reclassifications out of AOCI (14,719 ) — 165,818 151,099 Tax effect (23,271 ) — (70,814 ) (94,085 ) Total other comprehensive income (loss), net of tax $ 63,563 $ 24,744 $ 74,597 $ 162,904 Year ended December 31, 2016 Pretax change before reclassifications $ 2,617 $ (6,334 ) $ (48,803 ) $ (52,520 ) Reclassifications out of AOCI (18,319 ) — 89,775 71,456 Tax effect 5,343 — (15,672 ) (10,329 ) Total other comprehensive income (loss), net of tax $ (10,359 ) $ (6,334 ) $ 25,300 $ 8,607 The following table presents the effect of the reclassifications out of AOCI on the respective line items in the consolidated statements of income: Amounts reclassified from AOCI Year ended December 31, (in thousands) 2018 2017 2016 Affected line items Unrealized gains (losses) on securities: Net realized gains (losses) on sales of securities (1) $ (14,249 ) $ 14,719 $ 18,804 Net realized investment (losses) gains Net other-than-temporary impairment losses — — (485 ) Net realized investment (losses) gains Pretax total $ (14,249 ) $ 14,719 $ 18,319 Tax effect $ 3,226 $ (5,259 ) $ (7,007 ) Pension benefit adjustment (2): Amortization of net actuarial loss $ (4,828 ) $ (17,742 ) $ (28,282 ) Other operating expenses Amortization of prior service credit 4,178 4,312 4,844 Other operating expenses Settlement costs — (152,388 ) (66,337 ) Other operating expenses Pretax total $ (650 ) $ (165,818 ) $ (89,775 ) Tax effect $ 170 $ 67,322 $ 34,339 (1) Net realized losses for the year ended December 31, 2018 related to sales of debt securities and net realized gains for the years ended December 31, 2017 and 2016 related to sales of debt and equity securities. (2) These components of AOCI are components of net periodic cost. See Note 13 Employee Benefit Plans for additional details.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 18. Commitments and Contingencies: Lease commitments The Company leases certain office facilities, automobiles and equipment under operating leases, which, for the most part, are renewable. The majority of these leases also provide that the Company pay insurance and taxes. Future minimum rental payments under operating leases that have initial noncancelable lease terms in excess of one year, as of December 31, 2018, are as follows: (in thousands) Year 2019 $ 76,375 2020 68,026 2021 54,853 2022 41,859 2023 28,948 Thereafter 64,732 $ 334,793 Total rental expense for all operating leases, including month-to-month rentals, was $89.4 million, $91.0 million and $91.4 million for the years ended December 31, 2018, 2017 and 2016, respectively.

Litigation and Regulatory Conti

Litigation and Regulatory Contingencies	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Litigation and Regulatory Contingencies	NOTE 19. 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 or one of its subsidiaries engaged in improper debt collection practices, improperly charged fees for products and services, participated in the conveyance of illusory property interests, failed to pay overtime and provide break periods, improperly handled property and casualty claims and gave items of value to builders 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: • Bartine v. First American Title Insurance Company, et al., filed on August 17, 2018 and pending in the United States District Court for the Middle District of Florida, • Brackens v. First American Home Warranty Corporation, filed on November 28, 2018 and pending in the United States District Court for the District of Arizona, • 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, • Leramo v. First American Title Insurance Company, et al., filed on December 19, 2018 and pending in the United States District Court for the Eastern District of California, • Simons v. First American Title Insurance Company, filed on December 14, 2018 and pending in the United States District Court for the Middle District of Florida, • Tenefufu vs. First American Specialty Insurance Company, filed on June 1, 2017 and pending in the Superior Court of the State of California, County of Sacramento, and • 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. All of these lawsuits are putative class or collective actions for which a class or collective has not been certified. 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 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 consolidated financial statements as a whole. The Company’s title insurance, property and casualty insurance, home warranty, banking, thrift, trust and wealth management 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. The Company believes it will receive an assessment related to this matter in the first half of 2019. While the amount of such assessment is not currently known, based on preliminary discussions with the taxing authority, the Company expects the assessment to be in the range of $12.0 million to $12.8 million, plus interest charges. As the Company does not believe that the services in question are subject to excise tax, it intends to avail itself of avenues of appeal after the assessment is received, and it believes it is reasonably likely that the Company will prevail on the merits. Based on the current facts and circumstances, the Company does not believe a loss is probable, therefore no liability has been recorded. 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 consolidated financial statements as a whole.

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 2018
Business Combinations [Abstract]
Business Combinations	NOTE 20. Business Combinations: During the year ended December 31, 2018, the Company completed acquisitions for an aggregate purchase price of $82.9 million. For acquisitions in which the Company has not completed its purchase price allocation, preliminary fair value estimates for the assets acquired and liabilities assumed have been recorded. The Company allocates the purchase price of each acquisition to the assets acquired and liabilities assumed using a variety of valuation techniques, including discounted cash flow analysis. These acquisitions have been included in the Company’s title insurance and services segment. Current year acquisitions included the purchase of a specialized warehouse lender that provides financing for correspondent mortgage lenders. The business has itself secured warehouse lending facilities with several banking institutions. The mortgage loans are generally sold by the correspondent mortgage lenders to investors within 30 days and more typically in less than 10 days. The assets acquired included secured financings receivable from correspondent mortgage lenders of $69.6 million and liabilities assumed included secured financings payable of $69.8 million. The combined capacity for the warehouse lending facilities totals $123.0 million with one additional warehouse lending facility having no stated capacity. Interest rates for the warehouse lending facilities range from 3.50% to the current prime lending rate as published by The Wall Street Journal. At December 31, 2018, outstanding borrowings under the facilities totaled $76.3 million. During the year ended December 31, 2017, the Company completed acquisitions for an aggregate purchase price of $91.1 million. These acquisitions have been included in the Company’s title insurance and services segment.

Segment Financial Information

Segment Financial Information	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Segment Financial Information	NOTE 21. Segment Financial 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 designed to mitigate risk or otherwise facilitate real estate transactions, many of which products, services and solutions involve the use of real property-related data; maintains, manages and provides access to title plant records and images; and provides appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, evidence of title, and banking, trust and wealth management 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, the District of Columbia and certain United States territories. The Company also offers title insurance, closing services and similar or related products and services, either directly or through third parties in other 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 62% 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 36 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. Eliminations consist of inter-segment revenues and related expenses included in the results of the operating segments. Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2018, 2017 and 2016, is as follows: Revenues Depreciation Equity in affiliates, net Income (loss) Assets Investments method affiliates Capital (in thousands) 2018 Title Insurance and Services $ 5,282,781 $ 119,053 $ 2,717 $ 655,003 $ 9,613,658 $ 54,674 $ 112,726 Specialty Insurance 469,342 6,721 — 26,999 600,268 — 12,791 Corporate (3,115 ) 153 — (72,464 ) 431,222 — — Eliminations (1,164 ) — — — (14,513 ) — — $ 5,747,844 $ 125,927 $ 2,717 $ 609,538 $ 10,630,635 $ 54,674 $ 125,517 2017 Title Insurance and Services $ 5,293,156 $ 121,540 $ 3,785 $ 642,364 $ 8,669,936 $ 56,583 $ 128,751 Specialty Insurance 465,020 6,351 — 36,908 592,405 — 7,913 Corporate 15,326 162 — (233,941 ) 429,128 — — Eliminations (1,139 ) — — — (118,247 ) — — $ 5,772,363 $ 128,053 $ 3,785 $ 445,331 $ 9,573,222 $ 56,583 $ 136,664 2016 Title Insurance and Services $ 5,134,125 $ 93,069 $ 8,173 $ 598,872 $ 7,905,433 $ 102,925 $ 126,715 Specialty Insurance 435,844 5,593 — 40,074 551,231 — 5,631 Corporate 5,946 385 — (161,365 ) 453,410 — — Eliminations (69 ) — — — (78,297 ) — — $ 5,575,846 $ 99,047 $ 8,173 $ 477,581 $ 8,831,777 $ 102,925 $ 132,346 Direct premiums and escrow fees Agent premiums Information and other Net investment income Net realized investment gains (losses) Total Revenues 2018 (in thousands) Title Insurance and Services $ 2,052,951 $ 2,284,906 $ 770,725 $ 223,318 $ (49,119 ) $ 5,282,781 Specialty Insurance 454,718 — 11,802 10,190 (7,368 ) 469,342 $ 2,507,669 $ 2,284,906 $ 782,527 $ 233,508 $ (56,487 ) $ 5,752,123 2017 Title Insurance and Services $ 2,022,384 $ 2,360,659 $ 766,018 $ 137,439 $ 6,656 $ 5,293,156 Specialty Insurance 439,470 — 11,259 9,713 4,578 465,020 $ 2,461,854 $ 2,360,659 $ 777,277 $ 147,152 $ 11,234 $ 5,758,176 2016 Title Insurance and Services $ 2,004,686 $ 2,286,630 $ 713,137 $ 110,757 $ 18,915 $ 5,134,125 Specialty Insurance 411,353 — 10,877 9,476 4,138 435,844 $ 2,416,039 $ 2,286,630 $ 724,014 $ 120,233 $ 23,053 $ 5,569,969 Revenues from external customers allocated between domestic and foreign operations, by segment, for the years ended December 31, 2018, 2017 and 2016, are as follows: Year Ended December 31, 2018 2017 2016 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 4,984,617 $ 298,059 $ 5,011,990 $ 281,090 $ 4,830,727 $ 303,352 Specialty Insurance 469,342 — 465,020 — 435,844 — $ 5,453,959 $ 298,059 $ 5,477,010 $ 281,090 $ 5,266,571 $ 303,352 Long-lived assets allocated between domestic and foreign operations, by segment, as of December 31, 2018, 2017 and 2016, are as follows: December 31, 2018 2017 2016 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 994,023 $ 61,615 $ 975,443 $ 59,960 $ 986,718 $ 40,161 Specialty Insurance 65,644 — 57,762 — 55,045 — $ 1,059,667 $ 61,615 $ 1,033,205 $ 59,960 $ 1,041,763 $ 40,161

Quarterly Financial Data

Quarterly Financial Data	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	(Unaudited) Quarter Ended March 31 June 30 September 30 December 31 (in thousands, except per share amounts) 2018 Revenues $ 1,297,388 $ 1,491,157 $ 1,542,186 $ 1,417,113 Income before income taxes $ 93,065 $ 201,968 $ 195,587 $ 118,918 Net income $ 76,172 $ 155,091 $ 151,461 $ 93,174 Net (loss) income attributable to noncontrolling interests $ (55 ) $ (49 ) $ (19 ) $ 1,525 Net income attributable to the Company $ 76,227 $ 155,140 $ 151,480 $ 91,649 Net income per share attributable to the Company’s stockholders (1): Basic $ 0.68 $ 1.38 $ 1.34 $ 0.81 Diluted $ 0.67 $ 1.37 $ 1.34 $ 0.81 Quarter Ended March 31 June 30 September 30 December 31 (in thousands, except per share amounts) 2017 Revenues $ 1,317,043 $ 1,454,429 $ 1,519,568 $ 1,481,323 Income before income taxes $ 83,880 $ 184,154 $ 17,962 $ 159,335 Net income $ 58,069 $ 121,895 $ 21,186 $ 220,713 Net income (loss) attributable to noncontrolling interests $ (213 ) $ (362 ) $ (197 ) $ (414 ) Net income attributable to the Company $ 58,282 $ 122,257 $ 21,383 $ 221,127 Net income per share attributable to the Company’s stockholders (1): Basic $ 0.52 $ 1.10 $ 0.19 $ 1.98 Diluted $ 0.52 $ 1.09 $ 0.19 $ 1.96 (1) Net income per share attributable to the Company’s stockholders for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period.

Summary Of Investments-Other Th

Summary Of Investments-Other Than Investments In Related Parties	12 Months Ended
	Dec. 31, 2018
Summary Of Investments Other Than Investments In Related Parties [Abstract]
Summary of Investments-Other Than Investments in Related Parties	1 OF 1 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES SUMMARY OF INVESTMENTS—OTHER THAN INVESTMENTS IN RELATED PARTIES (in thousands) December 31, 2018 Column A Column B Column C Column D Type of investment Cost Market value Amount at which Deposits with banks: Consolidated $ 36,209 $ 35,979 $ 36,209 Debt securities: U.S. Treasury bonds Consolidated $ 162,904 $ 162,506 $ 162,506 Municipal bonds Consolidated $ 1,050,134 $ 1,045,035 $ 1,045,035 Foreign government bonds Consolidated $ 158,885 $ 157,297 $ 157,297 Governmental agency bonds Consolidated $ 319,115 $ 316,167 $ 316,167 Governmental agency mortgage-backed securities Consolidated $ 3,219,585 $ 3,202,599 $ 3,202,599 U.S. corporate debt securities Consolidated $ 575,646 $ 561,260 $ 561,260 Foreign corporate debt securities Consolidated $ 274,881 $ 268,947 $ 268,947 Total debt securities: Consolidated $ 5,761,150 $ 5,713,811 $ 5,713,811 Equity securities: Consolidated $ 358,352 $ 353,535 $ 353,535 Notes receivable, net: Consolidated $ 13,237 $ 12,805 $ 13,237 Other investments: Consolidated $ 108,728 $ 108,728 (1) $ 108,728 Total investments: Consolidated $ 6,277,676 $ 6,224,858 $ 6,225,520 (1) As other investments are not publicly traded, estimates of fair value could not be made without incurring excessive costs.

Condensed Financial Statements

Condensed Financial Statements (Parent Company)	12 Months Ended
	Dec. 31, 2018
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company Only Disclosure	1 OF 5 FIRST AMERICAN FINANCIAL CORPORATION (Parent Company) CONDENSED BALANCE SHEETS (in thousands, except par values) December 31, 2018 2017 Assets Cash and cash equivalents $ 327,306 $ 233,920 Dividends receivable — 54,347 Due from subsidiaries, net 2,529 4,098 Income taxes receivable 11,007 38,673 Investment in subsidiaries 4,592,281 4,360,010 Note receivable from subsidiary 7,500 — Deferred income taxes 16,636 22,803 Other assets 90,164 97,991 $ 5,047,423 $ 4,811,842 Liabilities and Equity Accounts payable and other accrued liabilities $ 34,578 $ 38,724 Pension costs and other retirement plans 334,390 359,806 Income taxes payable 8,988 4,602 Deferred income taxes 217,097 219,307 Notes and contracts payable 706,982 706,378 1,302,035 1,328,817 Commitments and contingencies Stockholders’ equity: Preferred stock, $0.00001 par value; Authorized—500 shares; — — Common stock, $0.00001 par value; Authorized—300,000 shares; Outstanding—111,496 shares and 110,925 shares 1 1 Additional paid-in capital 2,258,290 2,236,351 Retained earnings 1,644,165 1,311,112 Accumulated other comprehensive loss (160,575 ) (67,509 ) Total stockholders’ equity 3,741,881 3,479,955 Noncontrolling interests 3,507 3,070 Total equity 3,745,388 3,483,025 $ 5,047,423 $ 4,811,842 See Notes to Condensed Financial Statements SCHEDULE II 2 OF 5 FIRST AMERICAN FINANCIAL CORPORATION (Parent Company) CONDENSED STATEMENTS OF INCOME (in thousands) Year Ended December 31, 2018 2017 2016 Revenues: Dividends from subsidiaries $ 394,742 $ 354,350 $ 46,422 Other (losses) income (2,986 ) 15,011 5,809 391,756 369,361 52,231 Expenses: Other expenses 40,415 54,245 44,592 Income before income taxes and equity in undistributed earnings of subsidiaries 351,341 315,116 7,639 Income taxes 77,031 16,606 2,145 Equity in undistributed earnings of subsidiaries 201,588 123,353 337,982 Net income 475,898 421,863 343,476 Less: Net income (loss) attributable to noncontrolling interests 1,402 (1,186 ) 483 Net income attributable to the Company $ 474,496 $ 423,049 $ 342,993 See Notes to Condensed Financial Statements SCHEDULE II 3 OF 5 FIRST AMERICAN FINANCIAL CORPORATION (Parent Company) CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (in thousands) Year Ended December 31, 2018 2017 2016 Net income $ 475,898 $ 421,863 $ 343,476 Other comprehensive income (loss), net of tax: Unrealized (losses) gains on securities (38,418 ) 63,563 (10,359 ) Foreign currency translation adjustment (26,796 ) 24,744 (6,334 ) Pension benefit adjustment 12,680 74,597 25,300 Total other comprehensive (loss) income, net of tax (52,534 ) 162,904 8,607 Comprehensive income 423,364 584,767 352,083 Less: Comprehensive income (loss) attributable to noncontrolling interests 1,384 (1,173 ) 487 Comprehensive income attributable to the Company $ 421,980 $ 585,940 $ 351,596 See Notes to Condensed Financial Statements SCHEDULE II 4 OF 5 FIRST AMERICAN FINANCIAL CORPORATION (Parent Company) CONDENSED STATEMENTS OF CASH FLOWS (in thousands) Year Ended December 31, 2018 2017 2016 Cash flows from operating activities: Cash provided by (used for) operating activities $ 381,516 $ 232,347 $ (26,682 ) Cash flows from investing activities: Net cash effect of acquisitions (67,061 ) (21,750 ) — Net payments to subsidiaries (19,676 ) (41,726 ) (74,318 ) Net change in other investments — 82 204 Cash used for investing activities (86,737 ) (63,394 ) (74,114 ) Cash flows from financing activities: Net proceeds from issuance of debt — — 160,000 Excess tax benefits from share-based compensation — — 3,415 Net (payments) proceeds in connection with share-based (4,105 ) 2,732 1,104 Purchase of Company shares (18,801 ) — (454 ) Payments of cash dividends (178,487 ) (159,284 ) (131,541 ) Cash (used for) provided by financing activities (201,393 ) (156,552 ) 32,524 Net increase (decrease) in cash and cash equivalents 93,386 12,401 (68,272 ) Cash and cash equivalents—Beginning of period 233,920 221,519 289,791 Cash and cash equivalents—End of period $ 327,306 $ 233,920 $ 221,519 See Notes to Condensed Financial Statements SCHEDULE II 5 OF 5 FIRST AMERICAN FINANCIAL CORPORATION (Parent Company) NOTES TO CONDENSED FINANCIAL STATEMENTS NOTE 1. Description of the Company: First American Financial Corporation is a holding company that conducts all of its operations through its subsidiaries. The Parent Company financial statements should be read in connection with the consolidated financial statements and notes thereto included elsewhere in this Form 10-K. NOTE 2. Dividends Received: The holding company received cash dividends from subsidiaries of $394.4 million, $87.4 million and $46.4 million for the years ended December 31, 2018, 2017 and 2016, respectively.

Supplementary Insurance Informa

Supplementary Insurance Information	12 Months Ended
	Dec. 31, 2018
Supplementary Insurance Information [Abstract]
Supplementary Insurance Information	1 OF 2 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES SUPPLEMENTARY INSURANCE INFORMATION (in thousands) BALANCE SHEET CAPTIONS Column A Column B Column C Column D Segment Deferred Claims Deferred 2018 Title Insurance and Services $ 343 $ 957,440 $ 9,339 Specialty Insurance 32,390 85,239 233,941 Total $ 32,733 $ 1,042,679 $ 243,280 2017 Title Insurance and Services $ 300 $ 958,818 $ 11,124 Specialty Insurance 31,252 70,115 229,698 Total $ 31,552 $ 1,028,933 $ 240,822 SCHEDULE III 2 OF 2 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES SUPPLEMENTARY INSURANCE INFORMATION (in thousands) INCOME STATEMENT CAPTIONS Column A Column F Column G Column H Column I Column J Column K Segment Premiums Net Loss Amortization Other Premiums 2018 Title Insurance and Services $ 4,337,857 $ 174,199 $ 173,520 $ (125 ) $ 793,364 $ — Specialty Insurance 454,718 2,822 279,113 (1,138 ) 74,025 459,098 Corporate — (3,115 ) — — 33,879 — Eliminations — (104 ) — — (1,060 ) — Total $ 4,792,575 $ 173,802 $ 452,633 $ (1,263 ) $ 900,208 $ 459,098 2017 Title Insurance and Services $ 4,383,043 $ 144,095 $ 175,322 $ 122 $ 788,074 $ — Specialty Insurance 439,470 14,291 275,088 (1,030 ) 67,813 450,098 Corporate — 15,326 — — 201,062 — Eliminations — (76 ) — — (1,063 ) — Total $ 4,822,513 $ 173,636 $ 450,410 $ (908 ) $ 1,055,886 $ 450,098 2016 Title Insurance and Services $ 4,291,316 $ 129,672 $ 235,661 $ — $ 764,502 $ — Specialty Insurance 411,353 13,614 252,940 (4,179 ) 62,610 426,815 Corporate — 5,946 — — 128,222 — Eliminations — (45 ) — — (24 ) — Total $ 4,702,669 $ 149,187 $ 488,601 $ (4,179 ) $ 955,310 $ 426,815 (1) Net investment income includes net investment income and net realized investment gains (losses).

Reinsurance

Reinsurance	12 Months Ended
	Dec. 31, 2018
Supplemental Schedule Of Reinsurance Premiums For Insurance Companies [Abstract]
Reinsurance	1 OF 1 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES REINSURANCE (in thousands, except percentages) Segment Premiums Ceded to Assumed Premiums Percentage of Title Insurance and Services 2018 $ 4,353,130 $ 16,398 $ 1,125 $ 4,337,857 0.0 % 2017 $ 4,396,882 $ 15,014 $ 1,175 $ 4,383,043 0.0 % 2016 $ 4,304,868 $ 16,277 $ 2,725 $ 4,291,316 0.1 % Specialty Insurance 2018 $ 466,245 $ 11,527 $ — $ 454,718 0.0 % 2017 $ 448,296 $ 8,826 $ — $ 439,470 0.0 % 2016 $ 419,629 $ 8,276 $ — $ 411,353 0.0 %

Valuation And Qualifying Accoun

Valuation And Qualifying Accounts	12 Months Ended
	Dec. 31, 2018
Valuation And Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	1 OF 3 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES VALUATION AND QUALIFYING ACCOUNTS (in thousands) Year Ended December 31, 2018 Column A Column B Column C Column D Column E Additions Description Balance at Charged to Charged Deductions Balance Reserve deducted from accounts receivable: Consolidated $ 23,066 $ 5,039 $ — $ 5,264 (A) $ 22,841 Reserve for known and incurred but not reported claims: Consolidated $ 1,028,933 $ 452,633 $ 11,869 $ 450,756 (B) $ 1,042,679 Reserve deducted from notes receivable: Consolidated $ 510 $ 167 $ — $ 334 $ 343 Reserve deducted from deferred income taxes: Consolidated $ 10,333 $ 288 $ — $ — $ 10,621 Note A—Amount represents accounts written off, net of recoveries. Note B—Amount represents claim payments, net of recoveries. SCHEDULE V 2 OF 3 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES VALUATION AND QUALIFYING ACCOUNTS (in thousands) Year Ended December 31, 2017 Column A Column B Column C Column D Column E Additions Description Balance at Charged to Charged Deductions Balance Reserve deducted from accounts receivable: Consolidated $ 30,185 $ 5,975 $ — $ 13,094 (A) $ 23,066 Reserve for known and incurred but not reported claims: Consolidated $ 1,025,863 $ 450,410 $ 24,707 $ 472,047 (B) $ 1,028,933 Reserve deducted from notes receivable: Consolidated $ 2,113 $ 38 $ — $ 1,641 $ 510 Reserve deducted from deferred income taxes: Consolidated $ 8,049 $ 2,284 $ — $ — $ 10,333 Note A—Amount represents accounts written off, net of recoveries. Note B—Amount represents claim payments, net of recoveries. SCHEDULE V 3 OF 3 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES VALUATION AND QUALIFYING ACCOUNTS (in thousands) Year Ended December 31, 2016 Column A Column B Column C Column D Column E Additions Description Balance at Charged to Charged Deductions Balance Reserve deducted from accounts receivable: Consolidated $ 31,552 $ 5,208 $ — $ 6,575 (A) $ 30,185 Reserve for known and incurred but not reported claims: Consolidated $ 983,880 $ 488,601 $ 16,381 $ 462,999 (B) $ 1,025,863 Reserve deducted from notes receivable: Consolidated $ 2,275 $ 162 $ — $ 324 $ 2,113 Reserve deducted from deferred income taxes: Consolidated $ 6,729 $ 1,516 $ — $ 196 $ 8,049 Note A—Amount represents accounts written off, net of recoveries. Note B—Amount represents claim payments, net of recoveries.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2018
Accounting Policies [Abstract]
Basis of Presentation	First American Financial Corporation (the “Company”), through its subsidiaries, is engaged in the business of providing financial services. 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 designed to mitigate risk or otherwise facilitate real estate transactions, many of which products, services and solutions involve the use of real property-related data; maintains, manages and provides access to title plant records and images; and provides appraisals and other valuation-related products and services, lien release and document custodial services, warehouse lending services, default-related products and services, evidence of title, and banking, trust and wealth management 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, the District of Columbia and certain United States territories. The Company also offers title insurance, closing services and similar or related products and services, either directly or through third parties in other 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 62% 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 36 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.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements have been prepared in accordance with generally accepted accounting principles (“GAAP”) and reflect the consolidated operations of the Company. The consolidated financial statements include the accounts of First American Financial Corporation and all controlled subsidiaries. All significant intercompany transactions and balances have been eliminated. Equity investments in which the Company exercises significant influence, but does not control and is not the primary beneficiary, are accounted for using the equity method. Equity investments in which the Company does not exercise significant influence over the investee and without readily determinable fair values, are accounted for at cost, less impairment and are adjusted for any observable price changes.
Out-of-period Adjustments	O ut-of-period adjustments During 2017, the Company identified certain uncollectible balances related to fees within its title insurance and services segment, which primarily related to reporting periods prior to 2016, that should have been previously written off. To correct for this error, the Company recorded an adjustment in 2017, which increased other operating expenses and increased accounts payable and accrued liabilities by $8.5 million. Also, during 2017, the Company identified certain title plant assets within its title insurance and services segment that should have been previously written off, and certain title plant imaging assets that were misclassified as title plant assets. To correct for these errors, the Company recorded adjustments in 2017 to net realized investment gains, depreciation and amortization and title plants and other indexes. The impact of these adjustments included an increase to depreciation and amortization of $4.7 million, a decrease to net realized investment gains of $1.8 million and a decrease to title plant and other indexes of $6.5 million. The Company does not consider these adjustments to be material, individually or in the aggregate, to any previously issued consolidated financial statements.
Use of Estimates	Use of estimates The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the statements. Actual results could differ from the estimates and assumptions used.
Cash Equivalents	Cash equivalents The Company considers cash equivalents to be all short-term investments that have an initial maturity of 90 days or less and are not restricted for statutory deposit or premium reserve requirements.
Accounts and Accrued Income Receivable	Accounts and accrued income receivable Accounts and accrued income receivable are generally due within thirty days and are recorded net of an allowance for doubtful accounts. The Company considers accounts outstanding longer than the contractual payment terms as past due. The Company determines the allowance by considering a number of factors, including the length of time trade accounts receivable are past due, previous loss history, a specific customer’s ability to pay its obligations to the Company and the condition of the general economy and industry as a whole. Amounts are charged off in the period in which they are deemed to be uncollectible.
Investments	Investments Deposits with banks Deposits with banks are short-term investments with initial maturities of generally more than 90 days.
Debt And Equity Securities	Debt securities Debt securities are carried at fair value and consist primarily of investments in obligations of the United States Treasury, foreign governments, various U.S. and foreign corporations, certain state and political subdivisions and mortgage-backed securities. The Company classifies its publicly traded debt securities as available-for-sale with unrealized gains or losses recorded as a component of accumulated other comprehensive loss. The Company maintains investments in debt securities in accordance with certain statutory requirements for the funding of statutory premium reserves and state deposits. At December 31, 2018 and 2017, the fair values of such investments totaled $111.0 million and $108.4 million, respectively. See Note 2 Statutory Restrictions on Investments and Stockholders’ Equity for additional discussion of the Company’s statutory restrictions. Interest income, as well as the related amortization of premium and accretion of discount, on debt securities are recognized under the effective yield method and are included in the accompanying consolidated statements of income in net investment income. Realized gains and losses on sales of debt securities are determined on a first-in, first-out basis. The Company evaluates its debt securities with unrealized losses on a quarterly basis for potential other-than-temporary impairments in value. If the Company intends to sell a debt security in an unrealized loss position or determines that it is more likely than not that the Company will be required to sell a debt security before it recovers its amortized cost basis, the debt security is other-than-temporarily impaired and it is written down to fair value with all losses recognized in earnings. As of December 31, 2018, the Company did not intend to sell any debt securities in an unrealized loss position and it is not more likely than not that the Company will be required to sell any debt securities before recovery of their amortized cost basis. If the Company does not expect to recover the amortized cost basis of a debt security with declines in fair value (even if the Company does not intend to sell the debt security and it is not more likely than not that the Company will be required to sell the debt security), the loss is considered an other-than-temporary impairment loss and the credit portion of the loss (“credit loss”) is recognized in earnings and the non-credit portion is recognized in other comprehensive income. The credit loss is the difference between the present value of the cash flows expected to be collected and the amortized cost basis of the debt security. The cash flows expected to be collected are discounted at the rate implicit in the security immediately prior to the recognition of the other-than-temporary impairment. Expected future cash flows for debt securities are based on qualitative and quantitative factors specific to each security, including the probability of default and the estimated timing and amount of recovery. The detailed inputs used to project expected future cash flows may be different depending on the nature of the individual debt security. As a result of its security-level review, the Company did not recognize any other-than-temporary impairment losses considered to be credit related for the years ended December 31, 2018 and 2017 and recognized $0.5 million of other-than-temporary impairment losses considered to be credit related for the year ended December 31, 2016. It is possible that the Company could recognize additional other-than-temporary impairment losses on securities it owns at December 31, 2018 if future events or information cause it to determine that a decline in fair value is other-than-temporary. Equity securities Equity securities are carried at fair value and consist primarily of investments in exchange traded funds, mutual funds and marketable common and preferred stocks of corporate entities. The Company adopted new accounting guidance on January 1, 2018, which requires investments in equity securities with readily determinable fair values to be measured at fair value with changes in fair value recognized through net income. See Recently Adopted Accounting Pronouncements within this note for further discussion of the new guidance.
Other Investments	Other investments Other investments consist primarily of equity investments in which the Company exercises significant influence, but does not control and is not the primary beneficiary; equity investments in which the Company does not exercise significant influence over the investee and without readily determinable fair values; investments in real estate; and notes receivable. Equity investments in which the Company exercises significant influence, but does not control and is not the primary beneficiary, are accounted for under the equity method of accounting. These investments are initially measured at cost and are generally adjusted by the Company’s share of equity in the income or losses of the investee. The carrying value of these investments is written down, or impaired, to fair value when a decline in value is considered to be other-than-temporary. In making the determination as to whether an individual investment is impaired, the Company assesses the current and expected financial condition of each relevant entity, including, but not limited to, the anticipated ability of the entity to make its contractually required payments to the Company (with respect to debt obligations to the Company), the results of valuation work performed with respect to the entity, the entity’s anticipated ability to generate sufficient cash flows and the market conditions in the industry in which the entity is operating. Equity investments in which the Company does not exercise significant influence over the investee and without readily determinable fair values are measured at cost, less impairment and are adjusted for any observable price changes. Investments in real estate are classified as held for sale and carried at the lower of cost or fair value, less estimated selling costs. Notes receivable are carried at cost, less reserves for losses. Loss reserves are established for notes receivable based upon an estimate of probable losses for the individual notes. A loss reserve is established on an individual note when it is deemed probable that the Company will be unable to collect all amounts due in accordance with the contractual terms of the note. The loss reserve is based upon the Company’s assessment of the borrower’s overall financial condition, resources and payment record; and, if appropriate, the realizable value of any collateral. These estimates consider all available evidence including the expected future cash flows, estimated fair value of collateral on secured notes, general economic conditions and trends, and other relevant factors, as appropriate. Notes are placed on non-accrual status when management determines that the collectibility of contractual amounts is not reasonably assured.
Secured Financings Receivable and Payable	Secured financings receivable and payable Secured financings receivable, which reflect financing transactions with correspondent mortgage lenders involved in residential real estate lending, are collateralized by mortgages on residential real estate. Collections of the receivable balance occur upon sale of the underlying mortgage loan to investors, generally within 30 days and more typically in less than 10 days. Secured financings receivable is stated at the principal balance outstanding and no allowance for doubtful accounts is maintained as the receivable balance is generally considered fully collectible. Interest income is recorded on an accrual basis during the period the principal balance remains outstanding. Secured financings payable reflect borrowings under secured warehouse lending facilities with several banking institutions. Repayment of the warehouse borrowing occurs upon sale of the mortgage loan to investors as noted above. Interest expense is recorded during the period the borrowing remains outstanding. See Note 20 Business Combinations for further information about the Company’s 2018 acquisition of a specialized warehouse lender.
Property and Equipment	Property and equipment Buildings and furniture and equipment are initially recorded at cost and are generally depreciated using the straight-line method over estimated useful lives ranging from 5 to 40 years and from 1 to 15 years, respectively. Leasehold improvements are initially recorded at cost and are amortized over the lesser of the remaining term of the respective lease or the estimated useful life, using the straight-line method. Computer software, which is acquired or developed for internal use and for use with the Company’s products, is amortized over estimated useful lives ranging from 1 to 15 years using the straight-line method. Software development costs, which include certain payroll-related costs of employees directly associated with developing software in addition to incremental payments to third parties, are capitalized from the time technological feasibility is established until the software is ready for use. Management uses estimated future cash flows (undiscounted and excluding interest) to measure the recoverability of property and equipment whenever events or changes in circumstances indicate that the carrying value may not be fully recoverable. If the undiscounted cash flow analysis indicates that the carrying amount is not recoverable, an impairment loss is recorded for the excess of the carrying amount over its fair value. Impairment losses on property and equipment, which primarily related to impairments of internally developed software, were $41 thousand, $0.5 million and $5.2 million for the years ended December 31, 2018, 2017 and 2016, respectively.
Title Plants and Other Indexes	Title plants and other indexes Title plants and other indexes included title plants of $530.4 million and $526.2 million and capitalized real estate data of $47.1 million and $42.3 million at December 31, 2018 and 2017, respectively. Title plants are carried at cost, with the costs of daily maintenance (updating) charged to expense as incurred. Because properly maintained title plants have indefinite lives and do not diminish in value with the passage of time, no provision has been made for depreciation or amortization. The Company analyzes its title plants at least annually for impairment. This analysis includes, but is not limited to, the effects of obsolescence, duplication, demand and other economic factors. Capitalized real estate data is initially recorded at cost and is amortized using the straight-line method over estimated useful lives ranging from 5 to 15 years.
Business Combinations	Business Combinations Amounts paid for acquisitions are allocated to the tangible and intangible assets acquired and liabilities assumed, and are based on their estimated fair values at the date of acquisition. The excess of the fair value of purchase consideration over the fair values of the identifiable assets and liabilities is recorded as goodwill
Goodwill Impairment	Goodwill Impairment The Company is required to perform an annual goodwill impairment assessment for each reporting unit for which goodwill has been allocated. Those reporting units include title insurance, home warranty and property and casualty insurance. The Company’s trust and other services reporting unit has no allocated goodwill and is, therefore, not assessed for impairment. The Company has elected to perform this annual assessment in the fourth quarter of each fiscal year or sooner if circumstances indicate possible impairment. Based on accounting guidance, the Company has the option to perform a qualitative assessment to determine if the fair value is more likely than not (i.e., a likelihood of greater than 50%) less than the carrying amount as a basis for determining whether it is necessary to perform a quantitative impairment test, or may choose to forego a qualitative assessment and perform a quantitative impairment test. The qualitative factors considered in this assessment may include macroeconomic conditions, industry and market considerations, overall financial performance as well as other relevant events and circumstances as determined by the Company. The Company evaluates the weight of each factor to determine whether it is more likely than not that impairment may exist. If the results of the qualitative assessment indicate the more likely than not threshold was not met, the Company may choose not to perform the quantitative impairment test. If, however, the more likely than not threshold is met, the Company will perform a quantitative test as required and discussed below. Management’s quantitative impairment testing process includes two steps. The first step (“Step 1”) compares the fair value of each reporting unit to its carrying amount. The fair value of each reporting unit is determined by using discounted cash flow analysis and market approach valuations. If the fair value of the reporting unit exceeds its carrying amount, the goodwill is not considered impaired and no additional analysis is required. However, if the carrying amount is greater than the fair value, a second step (“Step 2”) must be completed to determine if the fair value of the goodwill exceeds the carrying amount of goodwill. Step 2 involves calculating an implied fair value of goodwill for each reporting unit for which Step 1 indicated impairment. The implied fair value of goodwill is determined in a manner similar to the amount of goodwill calculated in a business combination, by measuring the excess of the estimated fair value of the reporting unit, as determined in Step 1, over the aggregate estimated fair values of the individual assets, liabilities and identifiable intangibles as if the reporting unit was being acquired in a business combination. If the implied fair value of goodwill exceeds the carrying value of goodwill assigned to the reporting unit, there is no impairment. If the carrying value of goodwill assigned to a reporting unit exceeds the implied fair value of the goodwill, an impairment loss is recorded for the excess. An impairment loss cannot exceed the carrying value of goodwill assigned to a reporting unit, and the loss establishes a new basis in the goodwill. Subsequent reversal of goodwill impairment losses is not permitted. The quantitative impairment test for goodwill utilizes a variety of valuation techniques, all of which require the Company to make estimates and judgments. Fair value is determined by employing an expected present value technique, which utilizes expected cash flows and an appropriate discount rate. The use of comparative market multiples (the “market approach”) compares the reporting unit to other comparable companies (if such comparables are present in the marketplace) based on valuation multiples to arrive at a fair value. In assessing the fair value, the Company utilizes the results of the valuations (including the market approach to the extent comparables are available) and considers the range of fair values determined under all methods and the extent to which the fair value exceeds the carrying amount of the reporting unit. The valuation of each reporting unit includes the use of assumptions and estimates of many critical factors, including revenue growth rates and operating margins, discount rates and future market conditions, determination of market multiples and the establishment of a control premium, among others. Forecasts of future operations are based, in part, on operating results and the Company’s expectations as to future market conditions. These types of analyses contain uncertainties because they require the Company to make assumptions and to apply judgments to estimate industry economic factors and the profitability of future business strategies. However, if actual results are not consistent with the Company’s estimates and assumptions, the Company may be exposed to future impairment losses that could be material. For 2018 and 2017, the Company chose to perform qualitative assessments for its title insurance and home warranty reporting units and performed a quantitative impairment test for its property and casualty insurance reporting unit. Based on the results of its quantitative impairment tests for 2018 and 2017, the Company determined that the fair value of its property and casualty insurance reporting unit exceeded the carrying amount and, therefore, no additional analysis was required. The results of the Company’s qualitative assessments for its title insurance and home warranty reporting units for 2018 and 2017 supported the conclusion that their fair values were not more likely than not less than their carrying amounts and, therefore, a quantitative impairment test was not considered necessary. For 2016, the Company chose to perform a quantitative impairment test for all three reporting units and, based on the results, determined that the fair values of its reporting units exceeded their carrying amounts and, therefore, no additional analysis was required. As a result of the Company’s annual goodwill impairment assessments, the Company did not record any goodwill impairment losses for 2018, 2017 or 2016.
Other Intangible Assets	Other intangible assets The Company’s finite-lived intangible assets consist of customer relationships, noncompete agreements, trademarks, internal-use software licenses and patents. These assets are amortized on a straight-line basis over their useful lives ranging from 1 to 20 years and are subject to impairment assessments when there is an indication of a triggering event or abandonment. The Company’s indefinite-lived other intangible assets consist of licenses which are not amortized but rather assessed for impairment by comparing the fair values to carrying amounts at least annually, and when an indicator of potential impairment has occurred. Management uses estimated future cash flows (undiscounted and excluding interest) to measure the recoverability of intangible assets with finite lives, whenever events or changes in circumstances indicate that the carrying amount may not be fully recoverable. If the undiscounted cash flow analysis indicates that the carrying amount is not recoverable, an impairment loss is recorded for the excess of the carrying amount over its fair value. Management’s impairment assessment for indefinite-lived other intangible assets may involve calculating the fair value by using a discounted cash flow analysis or through a market approach valuation. If the fair value exceeds its carrying amount, the asset is not considered impaired and no additional analysis is required. However, if the carrying amount is greater than the fair value, an impairment loss is recorded equal to the excess.
Reserve for Known and Incurred but Not Reported Claims	Reserve for known and incurred but not reported claims The Company provides for title insurance losses through a charge to expense when the related premium revenue is recognized. The amount charged to expense is generally determined by applying a rate (the loss provision rate) to total title insurance premiums and escrow fees. The Company’s management estimates the loss provision rate at the beginning of each year and reassesses the rate quarterly to ensure that the resulting incurred but not reported (“IBNR”) loss reserve and known claims reserve included in the Company’s consolidated balance sheets together reflect management’s best estimate of the total costs required to settle all IBNR and known claims. If the ending IBNR reserve is not considered adequate, an adjustment is recorded. The process of assessing the loss provision rate and the resulting IBNR reserve involves an evaluation of the results of an in-house actuarial review. The Company’s in-house actuary performs a reserve analysis utilizing generally accepted actuarial methods that incorporate cumulative historical claims experience and information provided by in-house claims and operations personnel. Current economic and business trends are also reviewed and used in the reserve analysis. These include conditions in the real estate and mortgage markets, changes in residential and commercial real estate values, and changes in the levels of defaults and foreclosures that may affect claims levels and patterns of emergence, as well as any company-specific factors that may be relevant to past and future claims experience. Results from the analysis include, but are not limited to, a range of IBNR reserve estimates and a single point estimate for IBNR as of the balance sheet date. For recent policy years at early stages of development (generally the last three years), IBNR is generally estimated using a combination of expected loss rate and multiplicative loss development factor calculations. For more mature policy years, IBNR generally is estimated using multiplicative loss development factor calculations. The expected loss rate method estimates IBNR by applying an expected loss rate to total title insurance premiums and escrow fees, and adjusting for policy year maturity using estimated loss development patterns. Multiplicative loss development factor calculations estimate IBNR by applying factors derived from loss development patterns to losses realized to date. The expected loss rate and loss development patterns are based on historical experience and the relationship of the history to the applicable policy years. The Company’s management uses the IBNR point estimate from the in-house actuary’s analysis and other relevant information concerning claims to determine what it considers to be the best estimate of the total amount required for the IBNR reserve. The volume and timing of title insurance claims are subject to cyclical influences from both the real estate and mortgage markets. Title policies issued to lenders constitute a large portion of the Company’s title insurance volume. These policies insure lenders against losses on mortgage loans due to title defects in the collateral property. Even if an underlying title defect exists that could result in a claim, often, the lender must realize an actual loss, or at least be likely to realize an actual loss, for a title insurance liability to exist. As a result, title insurance claims exposure is sensitive to lenders’ losses on mortgage loans and is affected in turn by external factors that affect mortgage loan losses, particularly macroeconomic factors. A general decline in real estate prices can expose lenders to greater risk of losses on mortgage loans, as loan-to-value ratios increase and defaults and foreclosures increase. Title insurance claims exposure for a given policy year is also affected by the quality of mortgage loan underwriting during the corresponding origination year. The Company believes that the sensitivity of claims to external conditions in the real estate and mortgage markets is an inherent feature of title insurance’s business economics that applies broadly to the title insurance industry. Title insurance policies are long-duration contracts with the majority of the claims reported to the Company within the first few years following the issuance of the policy. Generally, 70% to 80% of claim amounts become known in the first six years of the policy life, and the majority of IBNR reserves relate to the six most recent policy years. Changes in expected ultimate losses and corresponding loss rates for recent policy years are considered likely and could result in a material adjustment to the IBNR reserves. A material change in expected ultimate losses and corresponding loss rates for older policy years is also possible, particularly for policy years with loss rates exceeding historical norms. The estimates made by management in determining the appropriate level of IBNR reserves could ultimately prove to be materially different from actual claims experience. The reserve for property and casualty insurance losses reflects management’s best estimate of the amount necessary to settle all reported and unreported claims for the ultimate cost of insured losses, based upon the facts of each case and the Company’s experience with similar cases. The Company also utilizes the services of an independent actuary as part of its reserve analysis. Because the establishment of appropriate reserves, including reserves for catastrophes, is an inherently uncertain and complex process, the ultimate cost of insured losses may be more or less than the reserve amount. Reserve estimates are regularly analyzed and updated to reflect the most current information available. The Company provides for claims losses relating to its home warranty business based on the average cost per claim and historical loss experience as applied to the total of new claims incurred. The average cost per home warranty claim is calculated using the average of the most recent 12 months of claims experience adjusted for estimated future increases in costs.
Contingent Litigation and Regulatory Liabilities	Contingent litigation and regulatory liabilities Amounts related to contingent litigation and regulatory liabilities are accrued if it is probable that a liability has been incurred and an amount is reasonably estimable. The Company records legal fees in other operating expenses in the period incurred.
Revenues	Revenues Premiums on title policies issued directly by the Company are recognized on the effective date of the title policy and escrow fees are recorded upon close of the escrow. Premiums on property and casualty insurance policies and home warranty contracts are generally recognized ratably over the 12-month duration of the contract or policy. Revenues from title policies issued by agents are recorded when notice of issuance is received from the agent, which is generally when cash payment is received by the Company. Information and other revenues and escrow fees are within the scope of new accounting guidance related to the recognition of revenue from contracts with customers, which the Company adopted effective January 1, 2018. Under the new guidance, revenue is recognized when control of the promised goods or services is transferred to the customer and in an amount that reflects the consideration the Company expects to be entitled to in exchange for these goods or services. See Recently Adopted Accounting Pronouncements within this note for further discussion of the new guidance. For those products and services where the Company’s performance obligation is satisfied at a point in time and for which there is no ongoing obligation, revenue is recognized upon delivery. For those products and services where the Company satisfies its performance obligation over time as the product or service is being transferred to the customer, revenue is generally recognized using the output method as the products or services are delivered. The Company has elected to apply the optional exemptions allowed under the new guidance whereby the Company is not required to disclose either the transaction price allocated to performance obligations that are unsatisfied as of the end of the period or an explanation as to when the Company expects to recognize the related revenue. Such contracts generally include performance obligations that are contingent upon the closing of a real estate transaction or include variable consideration based on order volumes, and have remaining contract terms of generally less than three years. The Company is eligible to apply the optional exemptions to its remaining performance obligations due to 1) the performance obligation is part of a contract that has an original duration of one year or less, 2) the associated revenue being recognized is based on the Company’s right to invoice for the value of the product or service delivered, 3) the associated variable consideration is being allocated entirely to wholly unsatisfied performance obligations or 4) immateriality. The Company has also elected to apply the practical expedient allowed under the new guidance whereby it can disregard the impact to the transaction price of the effects of a significant financing component for arrangements where the Company expects the period between delivery of the product or service and customer payment to be one year or less. In addition, the Company has elected to apply the practical expedient whereby it can recognize the incremental costs of obtaining a contract as an expense when incurred if the amortization period for the asset that the Company otherwise would have recognized is one year or less. The Company records a contract asset, and recognizes revenue, upon delivery of certain products related to the closing of a real property transaction where the Company’s right to payment is subject to the closing of the real estate transaction. The Company records a contract liability for payments received in advance of revenue recognition for certain products or services. Contract assets and liabilities were not material at December 31, 2018. Revenues recognized during the year ended December 31, 2018 that were included in contract liabilities at the beginning of the period were not material. For information about the Company’s revenues disaggregated by reportable segment see Note 21 Segment Financial Information.
Premium Taxes	Premium taxes Title insurance, property and casualty insurance and home warranty companies, like other types of insurers, are generally not subject to state income or franchise taxes. However, in lieu thereof, most states impose a tax based primarily on insurance premiums written. This premium tax is reported as a separate line item in the consolidated statements of income in order to provide a more meaningful disclosure of the taxation of the Company.
Income Taxes	Income taxes The Company accounts for income taxes under the asset and liability method, whereby deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. The Company evaluates the need to establish a valuation allowance for deferred tax assets based upon the amount of existing temporary differences, the period in which they are expected to be recovered and expected levels of taxable income. A valuation allowance to reduce deferred tax assets is established when it is considered more likely than not that some or all of the deferred tax assets will not be realized. The Company recognizes the effect of income tax positions only if sustaining those positions is considered more likely than not. Changes in recognition or measurement of uncertain tax positions are reflected in the period in which a change in judgment occurs. The Company recognizes interest and penalties, if any, related to uncertain tax positions in income tax expense.
Share-Based Compensation	Share-based compensation The Company measures the cost of employee services received in exchange for an award of equity instruments based on the grant-date fair value of the award. The cost is recognized in the Company’s financial statements over the requisite service period of the award using the straight-line method for awards that contain only a service condition and the graded vesting method for awards that contain a performance or market condition. For awards with retirement eligibility provisions, the cost is recognized through the date the employee becomes eligible to retire and is no longer required to provide service to earn the award. The Company accounts for forfeitures as they occur. The Company’s primary means of providing share-based compensation is through the granting of restricted stock units (“RSUs”). RSUs granted generally have graded vesting features and include a service condition; and for certain key employees and executives, may also include either a performance or market condition. RSUs receive dividend equivalents in the form of RSUs having the same vesting requirements as the RSUs initially granted. The Company also offers an employee stock purchase plan that allows eligible employees the option to purchase common stock of the Company at
Earnings Per Share	Earnings per share Basic earnings per share is computed by dividing net income available to the Company’s stockholders by the weighted-average number of common shares outstanding. The computation of diluted earnings per share is similar to the computation of basic earnings per share, except that the weighted-average number of common shares outstanding is increased to include the number of additional common shares that would have been outstanding if dilutive stock options had been exercised and RSUs were vested.
Employee Benefit Plans	Employee benefit plans The Company recognizes the underfunded status of its unfunded supplemental benefit plans as a liability on its consolidated balance sheets. Actuarial gains and losses and prior service costs and credits that have not been recognized as a component of net periodic benefit cost previously are recorded as a component of accumulated other comprehensive loss. Plan obligations are measured annually as of December 31. During 2016, the Company terminated its funded defined benefit pension plans and, in 2017, transferred all remaining benefit obligations relating to the pension plans to a highly rated insurance company. See Note 13 Employee Benefit Plans for further discussion of the termination of the Company’s funded defined benefit pension plans. The Company informally funds its nonqualified deferred compensation plan through tax-advantaged investments known as variable universal life insurance. The Company’s deferred compensation plan assets are included as a component of other assets and the Company’s deferred compensation plan liability is included as a component of pension costs and other retirement plans on the consolidated balance sheets. The income earned on the Company’s deferred compensation plan assets is included as a component of net investment income and the income earned by the deferred compensation plan participants is included as a component of personnel costs on the consolidated statements of income.
Foreign Currency	Foreign currency The Company operates in other countries, including Canada, the United Kingdom, Australia, South Korea and Hong Kong. The functional currencies of the Company’s foreign subsidiaries are generally their respective local currencies. The financial statements of foreign subsidiaries with local currencies that were determined to be the functional currency are translated into U.S. dollars as follows: assets and liabilities at the exchange rate as of the balance sheet date, equity at the historical rates of exchange, and income and expense amounts at average rates prevailing during the period. Translation adjustments resulting from the translation of the subsidiaries’ accounts are included in accumulated other comprehensive loss as a separate component of stockholders’ equity. For those foreign subsidiaries where the U.S. dollar has been determined to be the functional currency, non-monetary assets and liabilities are translated using historical rates, while monetary assets and liabilities are translated at current rates, with remeasurement gains and losses included in other operating expenses. Gains and losses resulting from foreign currency transactions are included within other operating expenses.
Reinsurance	Reinsurance The Company assumes and cedes large title insurance risks through reinsurance. Additionally, the Company’s property and casualty insurance business purchases reinsurance to limit risk associated with large losses from single events. In reinsurance arrangements, the primary insurer retains a certain amount of risk under a policy and cedes the remainder of the risk under the policy to the reinsurer. The primary insurer pays the reinsurer a premium in exchange for accepting this risk of loss. The primary insurer generally remains liable to its insured for the total risk, but is reinsured under the terms of the reinsurance agreement. The amount of premiums assumed and ceded is recorded as a component of direct premiums and escrow fees on the Company’s consolidated statements of income. The total amount of premiums assumed and ceded in connection with reinsurance was less than 1.0% of consolidated premium and escrow fees for each of the three years in the period ended December 31, 2018. Payments and recoveries on reinsured losses for the Company’s title insurance business were immaterial during the years ended December 31, 2018, 2017 and 2016. For information related to payments on reinsured losses for the Company’s property and casualty insurance business see Note 8 Reserve for Known and Incurred But Not Reported Claims.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements: In May 2017, the Financial Accounting Standards Board (“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. The adoption of this guidance had no impact on the Company’s 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. The Company adopted this change in accounting principle at the beginning of 2018 and applied the change retrospectively. As a result, other components of net benefit cost totaling $175.0 million and $101.5 million were reclassified from personnel costs to other operating expenses on the consolidated statements of income for the years ended December 31, 2017 and 2016, respectively. See Note 13 Employee Benefit Plans for further information on the Company’s net periodic pension costs. 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. The adoption of this guidance had no impact on the Company’s consolidated financial statements. In November 2016, the FASB issued updated guidance intended to reduce the diversity in practice on presenting restricted cash and 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. The adoption of this guidance had no impact on the Company’s 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. The adoption of this guidance had no impact on the Company’s 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. The adoption of this guidance had no impact on the Company’s consolidated financial statements. 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. The Company adopted this guidance at the beginning of 2018 and recognized cumulative net unrealized gains, net of taxes, of $40.6 million related to its investments in equity securities, previously classified as available-for-sale, through a cumulative-effect adjustment to retained earnings. Changes in the fair values of these investments are reflected in net realized investment gains/losses on the Company’s consolidated statements of income. See Note 3 Debt and Equity Securities for further discussion of the Company’s investments in equity securities. 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 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. The Company elected to adopt the new guidance under the modified retrospective approach, which did not have a material impact on its consolidated financial statements. See Revenues within this note for further information about the Company’s revenues within the scope of the new guidance.
Pending Accounting Pronouncements	Pending Accounting Pronouncements: In August 2018, the FASB issued updated guidance that is intended to reduce potential diversity in practice in accounting for the costs of implementing cloud computing arrangements (i.e., hosting arrangements) that are service contracts. The updated guidance aligns the requirements for capitalizing implementation costs for these arrangements with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software and hosting arrangements that include an internal-use software license. 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 this guidance on its consolidated financial statements. In August 2018, the FASB issued updated guidance as part of its disclosure framework project intended to improve the effectiveness of disclosures in the notes to the financial statements. The updated guidance eliminates, adds and modifies certain disclosure requirements related to fair value measurements. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. Except for the disclosure requirements, the Company does not expect the adoption of this guidance to have a material impact on its 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 will 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 consolidated financial statements. 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 this guidance on its 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. The updated guidance may either be adopted using a modified retrospective transition approach or may be initially applied on the adoption date with the recognition of a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The Company has elected to initially apply the guidance as of the adoption date, January 1, 2019, and expects to record on its balance sheet right-of-use assets and lease liabilities of approximately $350 million and an immaterial cumulative-effect adjustment to retained earnings. The Company expects the new guidance to have an insignificant impact on its consolidated statements of income and statements of cash flows.

Debt and Equity Securities (Tab

Debt and Equity Securities (Tables)	12 Months Ended
	Dec. 31, 2018
Investments Debt And Equity Securities [Abstract]
Investments in Debt Securities, Classified as Available-For-Sale	Investments in debt securities, classified as available-for-sale, are as follows: Amortized Gross unrealized Estimated (in thousands) gains losses December 31, 2018 U.S. Treasury bonds $ 162,904 $ 741 $ (1,139 ) $ 162,506 Municipal bonds 1,050,134 7,210 (12,309 ) 1,045,035 Foreign government bonds 158,885 571 (2,159 ) 157,297 Governmental agency bonds 319,115 1,145 (4,093 ) 316,167 Governmental agency mortgage-backed securities 3,219,585 12,030 (29,016 ) 3,202,599 U.S. corporate debt securities 575,646 1,113 (15,499 ) 561,260 Foreign corporate debt securities 274,881 551 (6,485 ) 268,947 $ 5,761,150 $ 23,361 $ (70,700 ) $ 5,713,811 December 31, 2017 U.S. Treasury bonds $ 173,049 $ 2,199 $ (1,250 ) $ 173,998 Municipal bonds 1,031,146 12,185 (7,394 ) 1,035,937 Foreign government bonds 170,220 489 (1,221 ) 169,488 Governmental agency bonds 212,731 1,061 (2,322 ) 211,470 Governmental agency mortgage-backed securities 2,172,377 3,168 (16,588 ) 2,158,957 U.S. corporate debt securities 734,409 11,768 (2,962 ) 743,215 Foreign corporate debt securities 256,430 4,145 (956 ) 259,619 $ 4,750,362 $ 35,015 $ (32,693 ) $ 4,752,684
Gross Unrealized Losses on Investments in Debt Securities	Gross unrealized losses on investments in debt securities are as follows: Less than 12 months 12 months or longer Total (in thousands) Estimated Unrealized Estimated Unrealized Estimated Unrealized December 31, 2018 U.S. Treasury bonds $ 19,749 $ (85 ) $ 55,615 $ (1,054 ) $ 75,364 $ (1,139 ) Municipal bonds 172,387 (1,772 ) 369,139 (10,537 ) 541,526 (12,309 ) Foreign government bonds 23,654 (1,037 ) 42,119 (1,122 ) 65,773 (2,159 ) Governmental agency bonds 56,270 (748 ) 90,631 (3,345 ) 146,901 (4,093 ) Governmental agency mortgage-backed securities 850,459 (6,955 ) 982,610 (22,061 ) 1,833,069 (29,016 ) U.S. corporate debt securities 374,473 (10,537 ) 109,844 (4,962 ) 484,317 (15,499 ) Foreign corporate debt securities 175,762 (4,575 ) 50,802 (1,910 ) 226,564 (6,485 ) $ 1,672,754 $ (25,709 ) $ 1,700,760 $ (44,991 ) $ 3,373,514 $ (70,700 ) December 31, 2017 U.S. Treasury bonds $ 78,605 $ (511 ) $ 37,498 $ (739 ) $ 116,103 $ (1,250 ) Municipal bonds 279,292 (1,714 ) 226,895 (5,680 ) 506,187 (7,394 ) Foreign government bonds 98,942 (972 ) 6,678 (249 ) 105,620 (1,221 ) Governmental agency bonds 55,707 (409 ) 93,737 (1,913 ) 149,444 (2,322 ) Governmental agency mortgage-backed securities 671,871 (4,868 ) 774,959 (11,720 ) 1,446,830 (16,588 ) U.S. corporate debt securities 171,817 (1,568 ) 60,724 (1,394 ) 232,541 (2,962 ) Foreign corporate debt securities 81,525 (821 ) 5,697 (135 ) 87,222 (956 ) $ 1,437,759 $ (10,863 ) $ 1,206,188 $ (21,830 ) $ 2,643,947 $ (32,693 )
Investments in Debt Securities by Contractual Maturity	Investments in debt securities at December 31, 2018, by contractual maturities, are as follows: (in thousands) Due in one Due after Due after Due after Total U.S. Treasury bonds Amortized cost $ 69,650 $ 67,223 $ 2,744 $ 23,287 $ 162,904 Estimated fair value $ 69,504 $ 67,043 $ 2,716 $ 23,243 $ 162,506 Municipal bonds Amortized cost $ 65,779 $ 232,548 $ 266,936 $ 484,871 $ 1,050,134 Estimated fair value $ 65,708 $ 232,572 $ 266,724 $ 480,031 $ 1,045,035 Foreign government bonds Amortized cost $ 20,304 $ 112,746 $ 14,336 $ 11,499 $ 158,885 Estimated fair value $ 20,290 $ 112,629 $ 13,933 $ 10,445 $ 157,297 Governmental agency bonds Amortized cost $ 21,574 $ 122,750 $ 127,392 $ 47,399 $ 319,115 Estimated fair value $ 21,379 $ 121,397 $ 128,075 $ 45,316 $ 316,167 U.S. corporate debt securities Amortized cost $ 29,561 $ 266,261 $ 250,275 $ 29,549 $ 575,646 Estimated fair value $ 29,418 $ 261,369 $ 241,937 $ 28,536 $ 561,260 Foreign corporate debt securities Amortized cost $ 17,889 $ 169,153 $ 79,443 $ 8,396 $ 274,881 Estimated fair value $ 17,824 $ 166,460 $ 76,746 $ 7,917 $ 268,947 Total debt securities, excluding mortgage-backed securities Amortized cost $ 224,757 $ 970,681 $ 741,126 $ 605,001 $ 2,541,565 Estimated fair value $ 224,123 $ 961,470 $ 730,131 $ 595,488 $ 2,511,212 Total mortgage-backed securities Amortized cost $ 3,219,585 Estimated fair value $ 3,202,599 Total debt securities Amortized cost $ 5,761,150 Estimated fair value $ 5,713,811
Investments in Equity Securities	Investments in equity securities are as follows: Cost Estimated (in thousands) December 31, 2018 Preferred stocks $ 16,892 $ 14,162 Common stocks 341,460 339,373 $ 358,352 $ 353,535 December 31, 2017 Preferred stocks $ 19,233 $ 18,990 Common stocks 394,439 447,526 $ 413,672 $ 466,516
Composition of Investment Portfolio by Credit Rating Agencies	The composition of the investment portfolio at December 31, 2018, 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 Debt securities: U.S. Treasury bonds $ 162,506 100.0 $ — — $ — — $ 162,506 100.0 Municipal bonds 978,624 93.6 56,174 5.4 10,237 1.0 1,045,035 100.0 Foreign government bonds 128,759 81.9 24,888 15.8 3,650 2.3 157,297 100.0 Governmental agency bonds 316,167 100.0 — — — — 316,167 100.0 Governmental agency mortgage-backed securities 3,202,599 100.0 — — — — 3,202,599 100.0 U.S. corporate debt securities 242,100 43.1 172,633 30.8 146,527 26.1 561,260 100.0 Foreign corporate debt 119,565 44.4 118,029 43.9 31,353 11.7 268,947 100.0 Total debt securities 5,150,320 90.1 371,724 6.5 191,767 3.4 5,713,811 100.0 Preferred stocks 48 0.3 12,916 91.2 1,198 8.5 14,162 100.0 Total $ 5,150,368 89.9 $ 384,640 6.7 $ 192,965 3.4 $ 5,727,973 100.0
Composition of Debt Securities Portfolio in Unrealized Loss Position by Credit Rating Agencies	The composition of the debt securities portfolio in an unrealized loss position at December 31, 2018, 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 U.S. Treasury bonds $ 75,364 100.0 $ — — $ — — $ 75,364 100.0 Municipal bonds 519,316 95.9 16,195 3.0 6,015 1.1 541,526 100.0 Foreign government bonds 38,237 58.1 23,886 36.3 3,650 5.6 65,773 100.0 Governmental agency bonds 146,901 100.0 — — — — 146,901 100.0 Governmental agency mortgage-backed securities 1,833,069 100.0 — — — — 1,833,069 100.0 U.S. corporate debt securities 193,758 40.0 148,054 30.6 142,505 29.4 484,317 100.0 Foreign corporate debt 88,816 39.2 107,806 47.6 29,942 13.2 226,564 100.0 Total $ 2,895,461 85.8 $ 295,941 8.8 $ 182,112 5.4 $ 3,373,514 100.0

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2018
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consists of the following: December 31, 2018 2017 (in thousands) Land $ 25,472 $ 25,983 Buildings 257,159 255,389 Furniture and equipment 242,415 247,022 Capitalized software 667,667 621,203 1,192,713 1,149,597 Accumulated depreciation and amortization (734,873 ) (710,028 ) $ 457,840 $ 439,569

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2018
Goodwill And Intangible Assets Disclosure [Abstract]
Carrying Amount of Goodwill by Reportable Segment	A summary of the changes in the carrying amount of goodwill, by reportable segment, for the years ended December 31, 2018 and 2017, is as follows: Title Specialty Total (in thousands) Balance as of December 31, 2016 $ 970,652 $ 46,765 $ 1,017,417 Acquisitions 91,516 — 91,516 Foreign currency translation 4,370 — 4,370 Other adjustments (298 ) — (298 ) Balance as of December 31, 2017 1,066,240 46,765 1,113,005 Acquisitions 36,806 — 36,806 Foreign currency translation (5,017 ) — (5,017 ) Other adjustments (628 ) — (628 ) Balance as of December 31, 2018 $ 1,097,401 $ 46,765 $ 1,144,166

Other Intangible Assets (Tables

Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2018
Intangible Assets Gross Excluding Goodwill [Abstract]
Schedule of Other Intangible Assets	Other intangible assets consist of the following: December 31, 2018 2017 (in thousands) Finite-lived intangible assets: Customer relationships $ 114,603 $ 106,086 Noncompete agreements 14,402 11,509 Trademarks 10,753 9,229 Internal-use software licenses 29,394 28,956 Patents 2,840 2,840 171,992 158,620 Accumulated amortization (79,535 ) (75,591 ) 92,457 83,029 Indefinite-lived intangible assets: Licenses 16,915 16,884 $ 109,372 $ 99,913
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) 2019 $ 25,620 2020 $ 14,294 2021 $ 10,967 2022 $ 10,330 2023 $ 9,859

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2018
Deposits Liabilities Balance Sheet Reported Amounts [Abstract]
Escrow, Savings and Investment Certificate Accounts	Deposit accounts are summarized as follows: December 31, 2018 2017 (in thousands, except Escrow accounts: Interest bearing $ 2,496,805 $ 2,058,596 Non-interest bearing 1,133,825 879,252 3,630,630 2,937,848 Business checking and other deposits (1) 155,553 132,718 $ 3,786,183 $ 3,070,566 Weighted-average interest rate: Interest bearing escrow accounts 0.12 % 0.10 % (1) Business checking and other deposits primarily reflect non-interest bearing accounts.

Reserve for Known and Incurre_2

Reserve for Known and Incurred but Not Reported Claims (Tables)	12 Months Ended
	Dec. 31, 2018
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: December 31, 2018 2017 2016 (in thousands) Balance at beginning of year $ 1,028,933 $ 1,025,863 $ 983,880 Provision related to: Current year 444,969 446,500 441,228 Prior years 7,664 3,910 47,373 452,633 450,410 488,601 Payments, net of recoveries, related to: Current year 242,617 240,468 223,735 Prior years 208,139 231,579 239,264 450,756 472,047 462,999 Other 11,869 24,707 16,381 Balance at end of year $ 1,042,679 $ 1,028,933 $ 1,025,863
Summary of Loss Reserves	A summary of the Company’s loss reserves is as follows: (in thousands, except percentages) December 31, 2018 December 31, 2017 Known title claims $ 80,306 7.7 % $ 83,094 8.1 % IBNR title claims 877,134 84.1 % 875,724 85.1 % Total title claims 957,440 91.8 % 958,818 93.2 % Non-title claims 85,239 8.2 % 70,115 6.8 % Total loss reserves $ 1,042,679 100.0 % $ 1,028,933 100.0 %
Summary of Incurred and Paid Claims Development Net of Reinsurance	The information below about incurred and paid claims development for the years ended December 31, 2009 to 2015, is presented as supplementary information. Incurred claims and allocated claim adjustment expenses, net of reinsurance December 31, 2018 Accident Years ended December 31, Total of IBNR liabilities plus expected development on reported Cumulative number of reported Year 2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 2018 claims claims (in thousands) 2009 $ 141,154 $ 139,580 $ 139,663 $ 139,266 $ 138,936 $ 139,090 $ 139,191 $ 139,216 $ 139,186 $ 139,186 $ — 605 2010 140,621 139,966 139,991 139,639 140,128 140,641 140,353 140,308 140,324 — 606 2011 148,395 149,076 149,768 149,486 149,763 149,552 149,488 149,487 — 641 2012 157,287 158,981 159,918 160,579 160,517 160,911 161,650 — 692 2013 182,858 184,419 185,244 184,826 184,668 184,777 26 762 2014 190,985 190,738 191,120 191,025 190,944 123 789 2015 221,617 225,754 225,977 226,555 342 867 2016 245,859 249,358 251,506 939 972 2017 267,392 275,480 2,940 1,014 2018 264,088 11,329 1,063 Total $ 1,983,997 * Amounts unaudited. Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance Accident Years ended December 31, Year 2009* 2010* 2011* 2012* 2013* 2014* 2015* 2016 2017 2018 (in thousands) 2009 $ 113,550 $ 134,606 $ 137,689 $ 138,293 $ 138,710 $ 138,963 $ 139,181 $ 139,186 $ 139,186 $ 139,186 2010 113,513 136,770 138,978 139,486 140,136 140,886 140,302 140,304 140,321 2011 123,116 144,367 146,952 148,984 149,358 149,495 149,485 149,486 2012 130,623 153,753 157,364 159,181 159,740 160,268 161,304 2013 151,377 180,277 182,565 183,957 184,473 184,711 2014 156,536 185,686 188,117 189,525 190,398 2015 181,445 217,618 223,045 225,041 2016 205,857 243,111 248,211 2017 220,218 266,653 2018 222,966 Total $ 1,928,277 All outstanding liabilities before 2009, net of reinsurance 16 Liabilities for claims and claims adjustment expenses, net of reinsurance $ 55,736 * Amounts unaudited.
Reconciliation of the Net Incurred and Paid Claims Development Tables to the Liability for Claims and Claim Adjustment Expense	A reconciliation of the net incurred and paid claims development tables to the liability for claims and claim adjustment expense at December 31, 2018, is as follows: December 31, 2018 (in thousands) Liability for unpaid claims and claim adjustment expenses, net of reinsurance: Specialty insurance $ 55,736 Reinsurance recoverable on unpaid claims: Specialty insurance 28,290 Unallocated claims adjustment expenses: Specialty insurance 1,213 Insurance lines other than short-duration: Title insurance 957,440 Liability for unpaid claims and claims adjustment expenses $ 1,042,679
Schedule of Supplementary Information about Average Historical Claims	The following reflects supplementary information about average historical claims duration for the Company’s specialty insurance segment as of December 31, 2018: Average annual percentage payout of incurred claims by age, net of reinsurance (unaudited) Years 1 2 3 4 5 6 7 8 9 10 Annual payout 82.6 % 14.7 % 1.5 % 0.8 % 0.3 % 0.1 % 0.0 % 0.0 % 0.0 % 0.0 %

Notes and Contracts Payable (Ta

Notes and Contracts Payable (Tables)	12 Months Ended
	Dec. 31, 2018
Debt Disclosure [Abstract]
Schedule of Notes and Contracts Payable	December 31, 2018 2017 (in thousands, except percentages) 4.60% senior unsecured notes due November 15, 2024, effective interest rate of 4.60% $ 300,000 $ 300,000 4.30% senior unsecured notes due February 1, 2023, effective interest rate of 4.35% 250,000 250,000 Line of credit borrowings due May 14, 2019, weighted-average interest rate of 4.15% and 3.32% at December 31, 2018 and 2017, respectively 160,000 160,000 Trust deed notes with maturities through 2023, collateralized by land and buildings with net book values of $39,283 and $46,478 at December 31, 2018 and 2017, respectively, weighted-average interest rate of 5.26% and 5.27%, at December 31, 2018 and 2017, respectively 19,247 22,725 Other notes and contracts payable with maturities through 2032, weighted-average interest rate of 4.49% and 4.70% at December 31, 2018 and 2017, respectively 5,791 3,707 735,038 736,432 Unamortized discount – senior unsecured notes (462 ) (560 ) Debt issuance costs – senior unsecured notes (2,557 ) (3,062 ) $ 732,019 $ 732,810
Aggregate Annual Maturities of Notes and Contracts Payable	The aggregate annual maturities for notes and contracts payable for the next five years and thereafter, are as follows: Year Annual maturities (in thousands) 2019 $ 165,384 2020 5,066 2021 4,965 2022 5,104 2023 254,403 Thereafter 300,116 $ 735,038

Net Investment Income (Tables)

Net Investment Income (Tables)	12 Months Ended
	Dec. 31, 2018
Net Investment Income [Abstract]
Schedule of Net Investment Income	The components of net investment income are as follows: Year ended December 31, 2018 2017 2016 (in thousands) Interest on: Cash, cash equivalents and deposits with banks $ 21,910 $ 7,321 $ 3,989 Debt securities 138,409 104,458 89,920 Other investments 64,328 22,221 7,818 Dividends on equity securities 12,718 12,925 12,684 Deferred compensation plan assets (6,399 ) 14,211 5,861 Equity in earnings of affiliates, net 2,717 3,785 8,173 Other 106 607 130 Total investment income 233,789 165,528 128,575 Investment expenses (3,500 ) (3,126 ) (2,441 ) Net investment income $ 230,289 $ 162,402 $ 126,134

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Summary of Tax Expenses	Income taxes are summarized as follows: Year ended December 31, 2018 2017 2016 (in thousands) Current: Federal $ 101,427 $ 116,400 $ 24,208 State 12,285 9,382 1,943 Foreign 8,990 11,533 10,806 122,702 137,315 36,957 Deferred: Federal 4,381 (104,062 ) 91,190 State 299 (10,724 ) 3,753 Foreign 6,258 939 2,205 10,938 (113,847 ) 97,148 $ 133,640 $ 23,468 $ 134,105
Schedule of Effective Income Tax Rate Reconciliation	Income taxes differ from the amounts computed by applying the federal income tax rates of 21% for 2018 and 35.0% for 2017 and 2016. A reconciliation of these differences is as follows: Year ended December 31, 2018 2017 2016 (in thousands, except percentages) Taxes calculated at federal rate $ 128,003 21.0 % $ 155,866 35.0 % $ 167,153 35.0 % State taxes, net of federal benefit 9,941 1.6 (872 ) (0.2 ) 3,703 0.8 Change in liability for tax positions 875 0.1 (3,482 ) (0.8 ) (10,512 ) (2.2 ) Foreign income taxed at different rates 7,287 1.2 (6,163 ) (1.3 ) (7,983 ) (1.7 ) Federal tax credits — — — — (12,265 ) (2.6 ) Tax reform impact (6,804 ) (1.1 ) (129,139 ) (29.0 ) — — Unremitted foreign earnings (146 ) — 14,997 3.3 — — Other items, net (5,516 ) (0.9 ) (7,739 ) (1.7 ) (5,991 ) (1.2 ) $ 133,640 21.9 % $ 23,468 5.3 % $ 134,105 28.1 %
Net Deferred Tax (Liability) Assets	The primary components of temporary differences that give rise to the Company’s net deferred tax liability are as follows: December 31, 2018 2017 (in thousands) Deferred tax assets: Deferred revenue $ 7,362 $ 7,766 Employee benefits 87,960 86,519 Bad debt reserves 7,421 7,191 Loss reserves 1,793 1,372 Pension 18,817 22,600 Net operating loss carryforward 13,290 13,914 Securities 11,356 — Foreign tax credit 8,415 7,976 Other 5,464 5,673 161,878 153,011 Valuation allowance (10,621 ) (10,333 ) 151,257 142,678 Deferred tax liabilities: Depreciable and amortizable assets 230,758 204,863 Claims and related salvage 108,497 104,323 Investments in affiliates 1,957 3,343 Securities — 11,656 Unremitted foreign earnings 10,506 14,997 351,718 339,182 Net deferred tax liability $ 200,461 $ 196,504
Changes in Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2018, 2017 and 2016 is as follows: December 31, 2018 2017 2016 (in thousands) Unrecognized tax benefits—beginning balance $ 12,800 $ 18,100 $ 23,800 Gross decreases—prior period tax positions — (1,000 ) (7,100 ) Gross increases—current period tax positions 500 — 1,400 Settlements with taxing authorities — (4,300 ) — Unrecognized tax benefits—ending balance $ 13,300 $ 12,800 $ 18,100

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share	The computation of basic and diluted earnings per share is as follows: Year ended December 31, 2018 2017 2016 (in thousands, except per share data) Numerator Net income attributable to the Company $ 474,496 $ 423,049 $ 342,993 Denominator Basic weighted-average shares 112,613 111,668 110,548 Effect of dilutive employee stock options and RSUs 666 767 608 Diluted weighted-average shares 113,279 112,435 111,156 Net income per share attributable to the Company’s stockholders Basic $ 4.21 $ 3.79 $ 3.10 Diluted $ 4.19 $ 3.76 $ 3.09

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Compensation And Retirement Disclosure [Abstract]
Principal Components of Employee Benefit Costs	The principal components of employee benefit costs are as follows: Year ended December 31, 2018 2017 2016 (in thousands) Expense: Savings plan $ 46,208 $ 34,520 $ 33,109 Funded defined benefit pension plans — 162,368 88,908 Unfunded supplemental benefit plans 9,248 12,705 13,613 Other plans, net 2,794 17,595 10,090 $ 58,250 $ 227,188 $ 145,720
Company's Benefit Obligations and Funded Status	The following table summarizes the benefit obligations and funded status associated with the Company’s unfunded supplemental benefit and funded defined benefit pension plans: December 31, 2018 2017 Unfunded Unfunded Defined (in thousands) Change in projected benefit obligation: Benefit obligation at beginning of year $ 258,528 $ 251,204 $ 315,108 Service costs 519 734 — Interest costs 8,079 8,350 4,911 Actuarial (gains) losses (16,517 ) 11,761 8,560 Annuity purchase — — (318,592 ) Benefits paid (13,836 ) (13,521 ) (9,987 ) Projected benefit obligation at end of year 236,773 258,528 — Change in plan assets: Fair value of plan assets at beginning of year — — 291,760 Actual returns on plan assets — — 2,859 Contributions 13,836 13,521 33,960 Annuity purchase — — (318,592 ) Benefits paid (13,836 ) (13,521 ) (9,987 ) Fair value of plan assets at end of year — — — Reconciliation of funded status: Unfunded status of the plans $ 236,773 $ 258,528 $ — Amounts recognized in the consolidated balance sheet: Accrued benefit liability $ 236,773 $ 258,528 $ — Amounts recognized in accumulated other comprehensive loss: Unrecognized net actuarial loss $ 80,251 $ 101,596 $ — Unrecognized prior service credit (8,250 ) (12,429 ) — $ 72,001 $ 89,167 $ — Accumulated benefit obligation at end of year $ 236,773 $ 258,528 $ —
Net Periodic Costs	Net periodic costs related to the Company’s unfunded supplemental benefit and funded defined benefit pension plans included the following components: Year ended December 31, 2018 2017 2016 (in thousands) Expense: Service costs $ 519 $ 734 $ 1,042 Interest costs 8,079 13,261 24,090 Expected return on plan assets — (4,740 ) (12,386 ) Amortization of net actuarial loss 4,828 17,742 28,282 Amortization of prior service credit (4,178 ) (4,312 ) (4,844 ) Settlement costs — 152,388 66,337 $ 9,248 $ 175,073 $ 102,521
The Weighted-Average Discount Rate Assumptions Used to Determine Net Periodic Benefit Costs and Projected Benefit Obligations	The weighted-average discount rate assumptions used to determine net periodic benefit costs for the Company’s unfunded supplemental benefits plans for the years ended December 31, 2018, 2017 and 2016, were as follows: Year ended December 31, 2018 2017 2016 Discount rate for projected benefit obligation 3.61 % 4.03 % 4.33 % Discount rate for service cost 3.78 % 4.32 % 4.69 % Discount rate for interest cost 3.23 % 3.43 % 3.56 % The weighted-average discount rate assumption used to determine the projected benefit obligation for the Company’s unfunded supplemental benefits plans at December 31, 2018 and 2017, was as follows: December 31, 2018 2017 Discount rate 4.32 % 3.61 %
Benefit Payments	Benefit payments, which reflect expected future service, as appropriate, are expected to be made as follows: Year (in thousands) 2019 $ 14,588 2020 $ 15,626 2021 $ 16,000 2022 $ 16,259 2023 $ 16,492 Five years thereafter $ 81,032

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2018
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 December 31, 2018 and 2017: (in thousands) Total Level 1 Level 2 Level 3 December 31, 2018 Assets: Debt securities: U.S. Treasury bonds $ 162,506 $ — $ 162,506 $ — Municipal bonds 1,045,035 — 1,045,035 — Foreign government bonds 157,297 — 157,297 — Governmental agency bonds 316,167 — 316,167 — Governmental agency mortgage-backed securities 3,202,599 — 3,202,599 — U.S. corporate debt securities 561,260 — 561,260 — Foreign corporate debt securities 268,947 — 268,947 — 5,713,811 — 5,713,811 — Equity securities: Preferred stocks 14,162 14,162 — — Common stocks 339,373 339,373 — — 353,535 353,535 — — Total assets $ 6,067,346 $ 353,535 $ 5,713,811 $ — (in thousands) Total Level 1 Level 2 Level 3 December 31, 2017 Assets: Debt securities: U.S. Treasury bonds $ 173,998 $ — $ 173,998 $ — Municipal bonds 1,035,937 — 1,035,937 — Foreign government bonds 169,488 — 169,488 — Governmental agency bonds 211,470 — 211,470 — Governmental agency mortgage-backed securities 2,158,957 — 2,158,957 — U.S. corporate debt securities 743,215 — 700,347 42,868 Foreign corporate debt securities 259,619 — 257,953 1,666 4,752,684 — 4,708,150 44,534 Equity securities: Preferred stocks 18,990 18,990 — — Common stocks 447,526 447,526 — — 466,516 466,516 — — Total assets $ 5,219,200 $ 466,516 $ 4,708,150 $ 44,534
Summary of Changes in Fair Value of Level 3 Assets	The following tables present a summary of the changes in the fair values of Level 3 assets for the years ended December 31, 2018 and 2017: December 31, 2018 December 31, 2017 (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 $ 42,868 $ 1,666 $ 44,534 $ 46,665 $ 6,268 $ 52,933 Transfers into Level 3 — — — 7,991 — 7,991 Transfers out of Level 3 (25,089 ) (788 ) (25,877 ) (14,472 ) (1,112 ) (15,584 ) Net realized and unrealized gains (losses): Included in earnings (194 ) 3 (191 ) (172 ) 18 (154 ) Included in other comprehensive income (loss) (156 ) (6 ) (162 ) (300 ) (52 ) (352 ) Purchases — — — 26,399 1,847 28,246 Sales (8,838 ) (349 ) (9,187 ) (7,606 ) (1,737 ) (9,343 ) Settlements (8,591 ) (526 ) (9,117 ) (15,637 ) (3,566 ) (19,203 ) Fair value at end of period $ — $ — $ — $ 42,868 $ 1,666 $ 44,534
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 December 31, 2018 and 2017: Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2018 Assets: Cash and cash equivalents $ 1,467,129 $ 1,467,129 $ 1,467,129 $ — $ — Deposits with banks $ 36,209 $ 35,979 $ 4,307 $ 31,672 $ — Notes receivable, net $ 13,237 $ 12,805 $ — $ — $ 12,805 Secured financings receivable $ 76,311 $ 76,311 $ — $ 76,311 $ — Liabilities: Secured financings payable $ 76,313 $ 76,313 $ — $ 76,313 $ — Notes and contracts payable $ 732,019 $ 741,839 $ — $ 736,048 $ 5,791 Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2017 Assets: Cash and cash equivalents $ 1,387,226 $ 1,387,226 $ 1,387,226 $ — $ — Deposits with banks $ 41,335 $ 41,259 $ 6,846 $ 34,413 $ — Notes receivable, net $ 7,066 $ 6,798 $ — $ — $ 6,798 Liabilities: Notes and contracts payable $ 732,810 $ 755,670 $ — $ 751,827 $ 3,843

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2018
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Costs Associated with Share-Based Compensation Plans	The following table summarizes the costs associated with the Company’s share-based compensation plans: Year ended December 31, 2018 2017 2016 (in thousands) Expense: RSUs $ 37,597 $ 34,059 $ 31,120 Stock options — 263 271 Employee stock purchase plan 3,548 3,077 2,734 $ 41,145 $ 37,399 $ 34,125
Summary of RSU Activity	The following table summarizes RSU activity for the year ended December 31, 2018: (in thousands, except weighted-average grant-date fair value) Shares Weighted-average Unvested at December 31, 2017 1,411 $ 36.66 Granted during 2018 791 54.80 Vested during 2018 (919 ) 41.27 Forfeited during 2018 (35 ) 44.84 Unvested at December 31, 2018 1,248 $ 44.53
Summary of Stock Option Activity	The following table summarizes stock option activity for the year ended December 31, 2018: (in thousands, except weighted-average exercise price and contractual term) Number Weighted- Weighted- Aggregate Balance at December 31, 2017 66 $ 27.66 Exercised during 2018 (36 ) 27.66 Balance at December 31, 2018 30 $ 27.66 5.0 years $ 509 Exercisable at December 31, 2018 30 $ 27.66 5.0 years $ 509

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)	12 Months Ended
	Dec. 31, 2018
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 years ended December 31, 2018, 2017 and 2016: Unrealized Foreign Pension Accumulated (in thousands) Balance at December 31, 2015 $ (16,401 ) $ (57,242 ) $ (165,357 ) $ (239,000 ) Change in unrealized gains (losses) on debt (15,702 ) — — (15,702 ) Change in foreign currency translation adjustment — (6,334 ) — (6,334 ) Net actuarial loss — — (48,803 ) (48,803 ) Amortization of net actuarial loss — — 28,282 28,282 Amortization of prior service credit — — (4,844 ) (4,844 ) Settlement costs — — 66,337 66,337 Tax effect 5,343 — (15,672 ) (10,329 ) Balance at December 31, 2016 (26,760 ) (63,576 ) (140,057 ) (230,393 ) Change in unrealized gains (losses) on debt 86,834 — — 86,834 Change in foreign currency translation adjustment — 24,744 — 24,744 Net actuarial loss — — (20,407 ) (20,407 ) Amortization of net actuarial loss — — 17,742 17,742 Amortization of prior service credit — — (4,312 ) (4,312 ) Settlement costs — — 152,388 152,388 Tax effect (23,271 ) — (70,814 ) (94,085 ) Balance at December 31, 2017 36,803 (38,832 ) (65,460 ) (67,489 ) Cumulative-effect adjustment, net of taxes (1) (40,550 ) — — (40,550 ) Change in unrealized gains (losses) on debt securities (49,661 ) — — (49,661 ) Change in foreign currency translation adjustment — (28,145 ) — (28,145 ) Net actuarial gain — — 16,517 16,517 Amortization of net actuarial loss — — 4,828 4,828 Amortization of prior service credit — — (4,178 ) (4,178 ) Tax effect 11,243 1,349 (4,487 ) 8,105 Balance at December 31, 2018 $ (42,165 ) $ (65,628 ) $ (52,780 ) $ (160,573 ) (1) The Company recognized a cumulative-effect adjustment to retained earnings for cumulative net unrealized gains related to its investments in equity securities upon adoption of new accounting guidance on January 1, 2018. See Note 1 Basis of Presentation and Significant Accounting Policies for further discussion of the new guidance.
Accumulated Other Comprehensive Income (Loss) Allocated to Company and Noncontrolling Interests	Components of AOCI allocated to the Company and noncontrolling interests at December 31, 2018, 2017 and 2016, are as follows: Unrealized Foreign Pension Accumulated (in thousands) 2018 Allocated to the Company $ (42,167 ) $ (65,628 ) $ (52,780 ) $ (160,575 ) Allocated to noncontrolling interests 2 — — 2 Balance at December 31, 2018 $ (42,165 ) $ (65,628 ) $ (52,780 ) $ (160,573 ) 2017 Allocated to the Company $ 36,783 $ (38,832 ) $ (65,460 ) $ (67,509 ) Allocated to noncontrolling interests 20 — — 20 Balance at December 31, 2017 $ 36,803 $ (38,832 ) $ (65,460 ) $ (67,489 ) 2016 Allocated to the Company $ (26,767 ) $ (63,576 ) $ (140,057 ) $ (230,400 ) Allocated to noncontrolling interests 7 — — 7 Balance at December 31, 2016 $ (26,760 ) $ (63,576 ) $ (140,057 ) $ (230,393 )
Adjustments for Reclassification of Other Comprehensive Income (Loss)	The following table presents the other comprehensive income (loss) reclassification adjustments for the years ended December 31, 2018, 2017 and 2016: Unrealized Foreign Pension Total (in thousands) Year ended December 31, 2018 Pretax change before reclassifications $ (63,910 ) $ (28,145 ) $ 16,517 $ (75,538 ) Reclassifications out of AOCI 14,249 — 650 14,899 Tax effect 11,243 1,349 (4,487 ) 8,105 Total other comprehensive income (loss), net of tax $ (38,418 ) $ (26,796 ) $ 12,680 $ (52,534 ) Year ended December 31, 2017 Pretax change before reclassifications $ 101,553 $ 24,744 $ (20,407 ) $ 105,890 Reclassifications out of AOCI (14,719 ) — 165,818 151,099 Tax effect (23,271 ) — (70,814 ) (94,085 ) Total other comprehensive income (loss), net of tax $ 63,563 $ 24,744 $ 74,597 $ 162,904 Year ended December 31, 2016 Pretax change before reclassifications $ 2,617 $ (6,334 ) $ (48,803 ) $ (52,520 ) Reclassifications out of AOCI (18,319 ) — 89,775 71,456 Tax effect 5,343 — (15,672 ) (10,329 ) Total other comprehensive income (loss), net of tax $ (10,359 ) $ (6,334 ) $ 25,300 $ 8,607
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 consolidated statements of income: Amounts reclassified from AOCI Year ended December 31, (in thousands) 2018 2017 2016 Affected line items Unrealized gains (losses) on securities: Net realized gains (losses) on sales of securities (1) $ (14,249 ) $ 14,719 $ 18,804 Net realized investment (losses) gains Net other-than-temporary impairment losses — — (485 ) Net realized investment (losses) gains Pretax total $ (14,249 ) $ 14,719 $ 18,319 Tax effect $ 3,226 $ (5,259 ) $ (7,007 ) Pension benefit adjustment (2): Amortization of net actuarial loss $ (4,828 ) $ (17,742 ) $ (28,282 ) Other operating expenses Amortization of prior service credit 4,178 4,312 4,844 Other operating expenses Settlement costs — (152,388 ) (66,337 ) Other operating expenses Pretax total $ (650 ) $ (165,818 ) $ (89,775 ) Tax effect $ 170 $ 67,322 $ 34,339 (1) Net realized losses for the year ended December 31, 2018 related to sales of debt securities and net realized gains for the years ended December 31, 2017 and 2016 related to sales of debt and equity securities. (2) These components of AOCI are components of net periodic cost. See Note 13 Employee Benefit Plans for additional details.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2018
Commitments And Contingencies Disclosure [Abstract]
Future Minimum Rental Payments	Future minimum rental payments under operating leases that have initial noncancelable lease terms in excess of one year, as of December 31, 2018, are as follows: (in thousands) Year 2019 $ 76,375 2020 68,026 2021 54,853 2022 41,859 2023 28,948 Thereafter 64,732 $ 334,793

Segment Financial Information (

Segment Financial Information (Tables)	12 Months Ended
	Dec. 31, 2018
Segment Reporting [Abstract]
Schedule of Selected Financial Information	Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2018, 2017 and 2016, is as follows: Revenues Depreciation Equity in affiliates, net Income (loss) Assets Investments method affiliates Capital (in thousands) 2018 Title Insurance and Services $ 5,282,781 $ 119,053 $ 2,717 $ 655,003 $ 9,613,658 $ 54,674 $ 112,726 Specialty Insurance 469,342 6,721 — 26,999 600,268 — 12,791 Corporate (3,115 ) 153 — (72,464 ) 431,222 — — Eliminations (1,164 ) — — — (14,513 ) — — $ 5,747,844 $ 125,927 $ 2,717 $ 609,538 $ 10,630,635 $ 54,674 $ 125,517 2017 Title Insurance and Services $ 5,293,156 $ 121,540 $ 3,785 $ 642,364 $ 8,669,936 $ 56,583 $ 128,751 Specialty Insurance 465,020 6,351 — 36,908 592,405 — 7,913 Corporate 15,326 162 — (233,941 ) 429,128 — — Eliminations (1,139 ) — — — (118,247 ) — — $ 5,772,363 $ 128,053 $ 3,785 $ 445,331 $ 9,573,222 $ 56,583 $ 136,664 2016 Title Insurance and Services $ 5,134,125 $ 93,069 $ 8,173 $ 598,872 $ 7,905,433 $ 102,925 $ 126,715 Specialty Insurance 435,844 5,593 — 40,074 551,231 — 5,631 Corporate 5,946 385 — (161,365 ) 453,410 — — Eliminations (69 ) — — — (78,297 ) — — $ 5,575,846 $ 99,047 $ 8,173 $ 477,581 $ 8,831,777 $ 102,925 $ 132,346
Schedule Of Revenues From External Customers And Long-Lived Assets	Direct premiums and escrow fees Agent premiums Information and other Net investment income Net realized investment gains (losses) Total Revenues 2018 (in thousands) Title Insurance and Services $ 2,052,951 $ 2,284,906 $ 770,725 $ 223,318 $ (49,119 ) $ 5,282,781 Specialty Insurance 454,718 — 11,802 10,190 (7,368 ) 469,342 $ 2,507,669 $ 2,284,906 $ 782,527 $ 233,508 $ (56,487 ) $ 5,752,123 2017 Title Insurance and Services $ 2,022,384 $ 2,360,659 $ 766,018 $ 137,439 $ 6,656 $ 5,293,156 Specialty Insurance 439,470 — 11,259 9,713 4,578 465,020 $ 2,461,854 $ 2,360,659 $ 777,277 $ 147,152 $ 11,234 $ 5,758,176 2016 Title Insurance and Services $ 2,004,686 $ 2,286,630 $ 713,137 $ 110,757 $ 18,915 $ 5,134,125 Specialty Insurance 411,353 — 10,877 9,476 4,138 435,844 $ 2,416,039 $ 2,286,630 $ 724,014 $ 120,233 $ 23,053 $ 5,569,969 Revenues from external customers allocated between domestic and foreign operations, by segment, for the years ended December 31, 2018, 2017 and 2016, are as follows: Year Ended December 31, 2018 2017 2016 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 4,984,617 $ 298,059 $ 5,011,990 $ 281,090 $ 4,830,727 $ 303,352 Specialty Insurance 469,342 — 465,020 — 435,844 — $ 5,453,959 $ 298,059 $ 5,477,010 $ 281,090 $ 5,266,571 $ 303,352 Long-lived assets allocated between domestic and foreign operations, by segment, as of December 31, 2018, 2017 and 2016, are as follows: December 31, 2018 2017 2016 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 994,023 $ 61,615 $ 975,443 $ 59,960 $ 986,718 $ 40,161 Specialty Insurance 65,644 — 57,762 — 55,045 — $ 1,059,667 $ 61,615 $ 1,033,205 $ 59,960 $ 1,041,763 $ 40,161

Quarterly Financial Data (Table

Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	Quarter Ended March 31 June 30 September 30 December 31 (in thousands, except per share amounts) 2018 Revenues $ 1,297,388 $ 1,491,157 $ 1,542,186 $ 1,417,113 Income before income taxes $ 93,065 $ 201,968 $ 195,587 $ 118,918 Net income $ 76,172 $ 155,091 $ 151,461 $ 93,174 Net (loss) income attributable to noncontrolling interests $ (55 ) $ (49 ) $ (19 ) $ 1,525 Net income attributable to the Company $ 76,227 $ 155,140 $ 151,480 $ 91,649 Net income per share attributable to the Company’s stockholders (1): Basic $ 0.68 $ 1.38 $ 1.34 $ 0.81 Diluted $ 0.67 $ 1.37 $ 1.34 $ 0.81 Quarter Ended March 31 June 30 September 30 December 31 (in thousands, except per share amounts) 2017 Revenues $ 1,317,043 $ 1,454,429 $ 1,519,568 $ 1,481,323 Income before income taxes $ 83,880 $ 184,154 $ 17,962 $ 159,335 Net income $ 58,069 $ 121,895 $ 21,186 $ 220,713 Net income (loss) attributable to noncontrolling interests $ (213 ) $ (362 ) $ (197 ) $ (414 ) Net income attributable to the Company $ 58,282 $ 122,257 $ 21,383 $ 221,127 Net income per share attributable to the Company’s stockholders (1): Basic $ 0.52 $ 1.10 $ 0.19 $ 1.98 Diluted $ 0.52 $ 1.09 $ 0.19 $ 1.96 (1) Net income per share attributable to the Company’s stockholders for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period.

Basis of Presentation and Sig_3

Basis of Presentation and Significant Accounting Policies (Narrative) (Detail)	12 Months Ended
	Dec. 31, 2018USD ($)State	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Basis Of Presentation And Significant Accounting Policies [Line Items]
Number of states company issues title insurance policies | State	49
Number of states company licensed to issue property and casualty insurance policies | State	50
Number of states company issues property and casualty policies | State	47
Number of states company issues home warranty contracts | State	36
Other operating expenses	$ 900,208,000	$ 1,055,886,000	$ 955,310,000
Accounts payable and accrued liabilities	778,688,000	793,157,000
Depreciation and amortization	125,927,000	128,053,000	99,047,000
Net realized investment gains (losses)	(56,487,000)	11,234,000	23,053,000
Title plants and other indexes	577,467,000	568,452,000
Fair values of investments in debt securities for funding of statutory premium reserves and state deposits	111,000,000	108,400,000
Net other-than-temporary impairment losses	$ 0	0	500,000
Period of mortgage loan sold description	Collections of the receivable balance occur upon sale of the underlying mortgage loan to investors, generally within 30 days and more typically in less than 10 days.
Impairment losses on property and equipment primarily related to impairments of internally developed software	$ 41,000	500,000	5,200,000
Title plants	530,400,000	526,200,000
Capitalized real estate data	$ 47,100,000	42,300,000
Assessment to determine fair value	50.00%
Goodwill impairment losses	$ 0	0	0
Performance obligation contract original term	true
Expected term of delivery of product or service and customer payment	true
Escrow deposits	$ 7,600,000,000	7,500,000,000
Like-kind exchange funds	2,700,000,000	2,600,000,000
Accounting Standards Update 2017-07
Basis Of Presentation And Significant Accounting Policies [Line Items]
Prior period reclassification of non-service cost components from Personnel costs to Other operating expenses		175,000,000	$ 101,500,000
Accounting Standards Update 2016-01 | Retained Earnings
Basis Of Presentation And Significant Accounting Policies [Line Items]
Cumulative-effect adjustment to retained earnings	40,600,000
Accounting Standards Update 2016-02
Basis Of Presentation And Significant Accounting Policies [Line Items]
New accounting pronouncement or change in accounting principle, expects to record right-of-use assets and lease liabilities	350,000,000
First American Trust
Basis Of Presentation And Significant Accounting Policies [Line Items]
Escrow deposits	3,600,000,000	2,900,000,000
Assets held-in-trust	$ 3,600,000,000	$ 3,700,000,000
Incentive Compensation Plan
Basis Of Presentation And Significant Accounting Policies [Line Items]
Employee stock purchase plan percentage of purchase price on closing price	85.00%
Employee stock purchase plan percentage of discount purchase price on closing price	15.00%
Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of claim amounts known in the first few years of the policy life	70.00%
Minimum | Capitalized Real Estate
Basis Of Presentation And Significant Accounting Policies [Line Items]
Capitalized real estate estimated useful lives, years	5 years
Minimum | Other Intangible Assets
Basis Of Presentation And Significant Accounting Policies [Line Items]
Other intangible assets estimated useful lives, years	1 year
Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Percentage of claim amounts known in the first few years of the policy life	80.00%
Remaining contract term	3 years
Percentage of total premiums assumed and ceded in connection with reinsurance	1.00%	1.00%	1.00%
Maximum | Capitalized Real Estate
Basis Of Presentation And Significant Accounting Policies [Line Items]
Capitalized real estate estimated useful lives, years	15 years
Maximum | Other Intangible Assets
Basis Of Presentation And Significant Accounting Policies [Line Items]
Other intangible assets estimated useful lives, years	20 years
Buildings | Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives, years	5 years
Buildings | Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives, years	40 years
Furniture and Equipment | Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives, years	1 year
Furniture and Equipment | Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives, years	15 years
Leasehold Improvements
Basis Of Presentation And Significant Accounting Policies [Line Items]
Leasehold improvements, estimated useful lives	Initially recorded at cost and are amortized over the lesser of the remaining term of the respective lease or the estimated useful life, using the straight-line method.
Capitalized Software Costs | Minimum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives, years	1 year
Capitalized Software Costs | Maximum
Basis Of Presentation And Significant Accounting Policies [Line Items]
Property, plant and equipment, estimated useful lives, years	15 years
Adjustment for error correction
Basis Of Presentation And Significant Accounting Policies [Line Items]
Other operating expenses		$ 8,500,000
Accounts payable and accrued liabilities		8,500,000
Depreciation and amortization		4,700,000
Net realized investment gains (losses)		(1,800,000)
Title plants and other indexes		$ (6,500,000)
California
Basis Of Presentation And Significant Accounting Policies [Line Items]
Policy liability percentage	62.00%

Statutory Restrictions on Inv_2

Statutory Restrictions on Investments and Stockholders' Equity (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Statutory Accounting Practices [Line Items]
Investments on deposit with state treasurers	$ 129.2	$ 131
Dividends available to parent from subsidiaries	291.2
Loans and advances available to parent from subsidiaries	98.6
Differences in state prescribed or permitted practices to NAIC Statutory Accounting	209	148.5
FATICO
Statutory Accounting Practices [Line Items]
Statutory surplus maintained by insurance subsidiary	1,200	1,200
Statutory net income of insurance subsidiary	$ 258.4	$ 306.5	$ 150

Debt and Equity Securities (Inv

Debt and Equity Securities (Investments in Debt Securities, Classified as Available-For-Sale) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	$ 5,761,150	$ 4,750,362
Debt Securities, Gross unrealized gains	23,361	35,015
Debt Securities, Gross unrealized losses	(70,700)	(32,693)
Debt securities, Estimated fair value	5,713,811	4,752,684
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	162,904	173,049
Debt Securities, Gross unrealized gains	741	2,199
Debt Securities, Gross unrealized losses	(1,139)	(1,250)
Debt securities, Estimated fair value	162,506	173,998
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	1,050,134	1,031,146
Debt Securities, Gross unrealized gains	7,210	12,185
Debt Securities, Gross unrealized losses	(12,309)	(7,394)
Debt securities, Estimated fair value	1,045,035	1,035,937
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	158,885	170,220
Debt Securities, Gross unrealized gains	571	489
Debt Securities, Gross unrealized losses	(2,159)	(1,221)
Debt securities, Estimated fair value	157,297	169,488
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	319,115	212,731
Debt Securities, Gross unrealized gains	1,145	1,061
Debt Securities, Gross unrealized losses	(4,093)	(2,322)
Debt securities, Estimated fair value	316,167	211,470
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	3,219,585	2,172,377
Debt Securities, Gross unrealized gains	12,030	3,168
Debt Securities, Gross unrealized losses	(29,016)	(16,588)
Debt securities, Estimated fair value	3,202,599	2,158,957
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	575,646	734,409
Debt Securities, Gross unrealized gains	1,113	11,768
Debt Securities, Gross unrealized losses	(15,499)	(2,962)
Debt securities, Estimated fair value	561,260	743,215
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	274,881	256,430
Debt Securities, Gross unrealized gains	551	4,145
Debt Securities, Gross unrealized losses	(6,485)	(956)
Debt securities, Estimated fair value	$ 268,947	$ 259,619

Debt and Equity Securities (Nar

Debt and Equity Securities (Narrative) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Schedule Of Debt and Equity Securities [Line Items]
Realized gains on sales of debt securities	$ 3,300	$ 5,400	$ 12,600
Realized losses on sales of debt securities	20,300	16,400	2,700
Proceeds from sale of debt securities	1,300,000	821,000	561,000
Realized and unrealized net losses on sales of equity securities	38,600
Net unrealized Losses on equity securities	37,600
Realized gains on sales of equity securities		30,200	18,100
Realized losses on sales of equity securities		2,100	$ 7,000
Debt securities, Estimated fair value	5,713,811	4,752,684
Estimated fair value of debt securities, Unrealized loss position	3,373,514	$ 2,643,947
Bank Loans
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	144,600
Estimated fair value of debt securities, Unrealized loss position	141,200
Emerging Market Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	72,200
Estimated fair value of debt securities, Unrealized loss position	63,400
Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	191,767
Estimated fair value of debt securities, Unrealized loss position	182,112
Non-Investment Grade | Bank Loans
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	133,200
Estimated fair value of debt securities, Unrealized loss position	129,800
Non-Investment Grade | High Yield Corporate Debt Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	38,700
Estimated fair value of debt securities, Unrealized loss position	36,700
Non-Investment Grade | Emerging Market Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	9,600
Estimated fair value of debt securities, Unrealized loss position	$ 9,600

Debt and Equity Securities (Gro

Debt and Equity Securities (Gross Unrealized Losses on Investments in Debt Securities) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	$ 1,672,754	$ 1,437,759
Unrealized losses, Less than 12 months	(25,709)	(10,863)
Estimated fair value, 12 months or longer	1,700,760	1,206,188
Unrealized losses, 12 months or longer	(44,991)	(21,830)
Estimated fair value, Total	3,373,514	2,643,947
Unrealized losses, Total	(70,700)	(32,693)
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	19,749	78,605
Unrealized losses, Less than 12 months	(85)	(511)
Estimated fair value, 12 months or longer	55,615	37,498
Unrealized losses, 12 months or longer	(1,054)	(739)
Estimated fair value, Total	75,364	116,103
Unrealized losses, Total	(1,139)	(1,250)
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	172,387	279,292
Unrealized losses, Less than 12 months	(1,772)	(1,714)
Estimated fair value, 12 months or longer	369,139	226,895
Unrealized losses, 12 months or longer	(10,537)	(5,680)
Estimated fair value, Total	541,526	506,187
Unrealized losses, Total	(12,309)	(7,394)
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	23,654	98,942
Unrealized losses, Less than 12 months	(1,037)	(972)
Estimated fair value, 12 months or longer	42,119	6,678
Unrealized losses, 12 months or longer	(1,122)	(249)
Estimated fair value, Total	65,773	105,620
Unrealized losses, Total	(2,159)	(1,221)
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	56,270	55,707
Unrealized losses, Less than 12 months	(748)	(409)
Estimated fair value, 12 months or longer	90,631	93,737
Unrealized losses, 12 months or longer	(3,345)	(1,913)
Estimated fair value, Total	146,901	149,444
Unrealized losses, Total	(4,093)	(2,322)
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	850,459	671,871
Unrealized losses, Less than 12 months	(6,955)	(4,868)
Estimated fair value, 12 months or longer	982,610	774,959
Unrealized losses, 12 months or longer	(22,061)	(11,720)
Estimated fair value, Total	1,833,069	1,446,830
Unrealized losses, Total	(29,016)	(16,588)
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	374,473	171,817
Unrealized losses, Less than 12 months	(10,537)	(1,568)
Estimated fair value, 12 months or longer	109,844	60,724
Unrealized losses, 12 months or longer	(4,962)	(1,394)
Estimated fair value, Total	484,317	232,541
Unrealized losses, Total	(15,499)	(2,962)
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	175,762	81,525
Unrealized losses, Less than 12 months	(4,575)	(821)
Estimated fair value, 12 months or longer	50,802	5,697
Unrealized losses, 12 months or longer	(1,910)	(135)
Estimated fair value, Total	226,564	87,222
Unrealized losses, Total	$ (6,485)	$ (956)

Debt and Equity Securities (I_2

Debt and Equity Securities (Investments in Debt Securities by Contractual Maturity) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	$ 5,761,150	$ 4,750,362
Debt securities, Estimated fair value	5,713,811	4,752,684
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	69,650
Amortized cost, Due after one through five years	67,223
Amortized cost, Due after five through ten years	2,744
Amortized cost, Due after ten years	23,287
Debt Securities, Amortized cost	162,904	173,049
Estimated fair value, Due in one year or less	69,504
Estimated fair value, Due after one through five years	67,043
Estimated fair value, Due after five through ten years	2,716
Estimated fair value, Due after ten years	23,243
Debt securities, Estimated fair value	162,506	173,998
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	65,779
Amortized cost, Due after one through five years	232,548
Amortized cost, Due after five through ten years	266,936
Amortized cost, Due after ten years	484,871
Debt Securities, Amortized cost	1,050,134	1,031,146
Estimated fair value, Due in one year or less	65,708
Estimated fair value, Due after one through five years	232,572
Estimated fair value, Due after five through ten years	266,724
Estimated fair value, Due after ten years	480,031
Debt securities, Estimated fair value	1,045,035	1,035,937
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	20,304
Amortized cost, Due after one through five years	112,746
Amortized cost, Due after five through ten years	14,336
Amortized cost, Due after ten years	11,499
Debt Securities, Amortized cost	158,885	170,220
Estimated fair value, Due in one year or less	20,290
Estimated fair value, Due after one through five years	112,629
Estimated fair value, Due after five through ten years	13,933
Estimated fair value, Due after ten years	10,445
Debt securities, Estimated fair value	157,297	169,488
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	21,574
Amortized cost, Due after one through five years	122,750
Amortized cost, Due after five through ten years	127,392
Amortized cost, Due after ten years	47,399
Debt Securities, Amortized cost	319,115	212,731
Estimated fair value, Due in one year or less	21,379
Estimated fair value, Due after one through five years	121,397
Estimated fair value, Due after five through ten years	128,075
Estimated fair value, Due after ten years	45,316
Debt securities, Estimated fair value	316,167	211,470
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	29,561
Amortized cost, Due after one through five years	266,261
Amortized cost, Due after five through ten years	250,275
Amortized cost, Due after ten years	29,549
Debt Securities, Amortized cost	575,646	734,409
Estimated fair value, Due in one year or less	29,418
Estimated fair value, Due after one through five years	261,369
Estimated fair value, Due after five through ten years	241,937
Estimated fair value, Due after ten years	28,536
Debt securities, Estimated fair value	561,260	743,215
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	17,889
Amortized cost, Due after one through five years	169,153
Amortized cost, Due after five through ten years	79,443
Amortized cost, Due after ten years	8,396
Debt Securities, Amortized cost	274,881	256,430
Estimated fair value, Due in one year or less	17,824
Estimated fair value, Due after one through five years	166,460
Estimated fair value, Due after five through ten years	76,746
Estimated fair value, Due after ten years	7,917
Debt securities, Estimated fair value	268,947	$ 259,619
Debt Securities Excluding Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	224,757
Amortized cost, Due after one through five years	970,681
Amortized cost, Due after five through ten years	741,126
Amortized cost, Due after ten years	605,001
Debt Securities, Amortized cost	2,541,565
Estimated fair value, Due in one year or less	224,123
Estimated fair value, Due after one through five years	961,470
Estimated fair value, Due after five through ten years	730,131
Estimated fair value, Due after ten years	595,488
Debt securities, Estimated fair value	2,511,212
Total Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	3,219,585
Estimated fair value	$ 3,202,599

Debt and Equity Securities (I_3

Debt and Equity Securities (Investments in Equity Securities) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt And Equity Securities F V N I [Line Items]
Equity securities, Cost	$ 358,352	$ 413,672
Equity securities, Estimated fair value	353,535	466,516
Preferred stocks
Debt And Equity Securities F V N I [Line Items]
Equity securities, Cost	16,892	19,233
Equity securities, Estimated fair value	14,162	18,990
Common stocks
Debt And Equity Securities F V N I [Line Items]
Equity securities, Cost	341,460	394,439
Equity securities, Estimated fair value	$ 339,373	$ 447,526

Debt and Equity Securities (Com

Debt and Equity Securities (Composition of Investment Portfolio by Credit Rating Agencies) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 5,713,811	$ 4,752,684
Equity securities, Estimated fair value	353,535	466,516
Estimated fair value, Total	$ 5,727,973
Percentage of debt securities by credit rating agencies	100.00%
Percentage of investment portfolio by credit rating agencies	100.00%
Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 5,150,320
Estimated fair value, Total	$ 5,150,368
Percentage of debt securities by credit rating agencies	90.10%
Percentage of investment portfolio by credit rating agencies	89.90%
Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 371,724
Estimated fair value, Total	$ 384,640
Percentage of debt securities by credit rating agencies	6.50%
Percentage of investment portfolio by credit rating agencies	6.70%
Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 191,767
Estimated fair value, Total	$ 192,965
Percentage of debt securities by credit rating agencies	3.40%
Percentage of investment portfolio by credit rating agencies	3.40%
U.S. Treasury Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 162,506	173,998
Percentage of debt securities by credit rating agencies	100.00%
U.S. Treasury Bonds | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 162,506
Percentage of debt securities by credit rating agencies	100.00%
U.S. Treasury Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 0
U.S. Treasury Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	0
Municipal Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 1,045,035	1,035,937
Percentage of debt securities by credit rating agencies	100.00%
Municipal Bonds | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 978,624
Percentage of debt securities by credit rating agencies	93.60%
Municipal Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 56,174
Percentage of debt securities by credit rating agencies	5.40%
Municipal Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 10,237
Percentage of debt securities by credit rating agencies	1.00%
Foreign Government Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 157,297	169,488
Percentage of debt securities by credit rating agencies	100.00%
Foreign Government Bonds | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 128,759
Percentage of debt securities by credit rating agencies	81.90%
Foreign Government Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 24,888
Percentage of debt securities by credit rating agencies	15.80%
Foreign Government Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 3,650
Percentage of debt securities by credit rating agencies	2.30%
Governmental Agency Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 316,167	211,470
Percentage of debt securities by credit rating agencies	100.00%
Governmental Agency Bonds | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 316,167
Percentage of debt securities by credit rating agencies	100.00%
Governmental Agency Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Governmental Agency Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	0
Governmental Agency Mortgage-Backed Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 3,202,599	2,158,957
Percentage of debt securities by credit rating agencies	100.00%
Governmental Agency Mortgage-Backed Securities | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 3,202,599
Percentage of debt securities by credit rating agencies	100.00%
Governmental Agency Mortgage-Backed Securities | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Governmental Agency Mortgage-Backed Securities | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	0
U.S. Corporate Debt Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 561,260	743,215
Percentage of debt securities by credit rating agencies	100.00%
U.S. Corporate Debt Securities | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 242,100
Percentage of debt securities by credit rating agencies	43.10%
U.S. Corporate Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 172,633
Percentage of debt securities by credit rating agencies	30.80%
U.S. Corporate Debt Securities | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 146,527
Percentage of debt securities by credit rating agencies	26.10%
Foreign Corporate Debt Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 268,947	259,619
Percentage of debt securities by credit rating agencies	100.00%
Foreign Corporate Debt Securities | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 119,565
Percentage of debt securities by credit rating agencies	44.40%
Foreign Corporate Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 118,029
Percentage of debt securities by credit rating agencies	43.90%
Foreign Corporate Debt Securities | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 31,353
Percentage of debt securities by credit rating agencies	11.70%
Preferred stocks
Schedule Of Debt and Equity Securities [Line Items]
Equity securities, Estimated fair value	$ 14,162	$ 18,990
Percentage of equity securities by credit rating agencies	100.00%
Preferred stocks | Investment Grade | A- or Higher
Schedule Of Debt and Equity Securities [Line Items]
Equity securities, Estimated fair value	$ 48
Percentage of equity securities by credit rating agencies	0.30%
Preferred stocks | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Equity securities, Estimated fair value	$ 12,916
Percentage of equity securities by credit rating agencies	91.20%
Preferred stocks | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Equity securities, Estimated fair value	$ 1,198
Percentage of equity securities by credit rating agencies	8.50%

Debt and Equity Securities (C_2

Debt and Equity Securities (Composition of Debt Securities Portfolio in Unrealized Loss Position by Credit Rating Agencies) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 3,373,514	$ 2,643,947
Percentage of debt securities in unrealized loss position	100.00%
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 75,364	116,103
Percentage of debt securities in unrealized loss position	100.00%
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 541,526	506,187
Percentage of debt securities in unrealized loss position	100.00%
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 65,773	105,620
Percentage of debt securities in unrealized loss position	100.00%
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 146,901	149,444
Percentage of debt securities in unrealized loss position	100.00%
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 1,833,069	1,446,830
Percentage of debt securities in unrealized loss position	100.00%
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 484,317	232,541
Percentage of debt securities in unrealized loss position	100.00%
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 226,564	$ 87,222
Percentage of debt securities in unrealized loss position	100.00%
Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 2,895,461
Percentage of debt securities in unrealized loss position	85.80%
Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 295,941
Percentage of debt securities in unrealized loss position	8.80%
Investment Grade | U.S. Treasury Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 75,364
Percentage of debt securities in unrealized loss position	100.00%
Investment Grade | Municipal Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 519,316
Percentage of debt securities in unrealized loss position	95.90%
Investment Grade | Municipal Bonds | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 16,195
Percentage of debt securities in unrealized loss position	3.00%
Investment Grade | Foreign Government Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 38,237
Percentage of debt securities in unrealized loss position	58.10%
Investment Grade | Foreign Government Bonds | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 23,886
Percentage of debt securities in unrealized loss position	36.30%
Investment Grade | Governmental Agency Bonds | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 146,901
Percentage of debt securities in unrealized loss position	100.00%
Investment Grade | Governmental Agency Mortgage-Backed Securities | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 1,833,069
Percentage of debt securities in unrealized loss position	100.00%
Investment Grade | U.S. Corporate Debt Securities | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 193,758
Percentage of debt securities in unrealized loss position	40.00%
Investment Grade | U.S. Corporate Debt Securities | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 148,054
Percentage of debt securities in unrealized loss position	30.60%
Investment Grade | Foreign Corporate Debt Securities | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 88,816
Percentage of debt securities in unrealized loss position	39.20%
Investment Grade | Foreign Corporate Debt Securities | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 107,806
Percentage of debt securities in unrealized loss position	47.60%
Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 182,112
Percentage of debt securities in unrealized loss position	5.40%
Non-Investment Grade | Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 6,015
Percentage of debt securities in unrealized loss position	1.10%
Non-Investment Grade | Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 3,650
Percentage of debt securities in unrealized loss position	5.60%
Non-Investment Grade | U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 142,505
Percentage of debt securities in unrealized loss position	29.40%
Non-Investment Grade | Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 29,942
Percentage of debt securities in unrealized loss position	13.20%

Property and Equipment (Schedul

Property and Equipment (Schedule of Property and Equipment) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Property Plant And Equipment [Abstract]
Land	$ 25,472	$ 25,983
Buildings	257,159	255,389
Furniture and equipment	242,415	247,022
Capitalized software	667,667	621,203
Property and equipment, Gross	1,192,713	1,149,597
Accumulated depreciation and amortization	(734,873)	(710,028)
Property and equipment, Total	$ 457,840	$ 439,569

Goodwill (Carrying Amount of Go

Goodwill (Carrying Amount of Goodwill by Reportable Segment) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Goodwill [Line Items]
Beginning balance	$ 1,113,005	$ 1,017,417
Acquisitions	36,806	91,516
Foreign currency translation	(5,017)	4,370
Other adjustments	(628)	(298)
Ending balance	1,144,166	1,113,005
Title Insurance and Services
Goodwill [Line Items]
Beginning balance	1,066,240	970,652
Acquisitions	36,806	91,516
Foreign currency translation	(5,017)	4,370
Other adjustments	(628)	(298)
Ending balance	1,097,401	1,066,240
Specialty Insurance
Goodwill [Line Items]
Beginning balance	46,765	46,765
Acquisitions	0	0
Foreign currency translation	0	0
Other adjustments	0	0
Ending balance	$ 46,765	$ 46,765

Other Intangible Assets (Schedu

Other Intangible Assets (Schedule of Other Intangible Assets) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Intangible Assets Net Excluding Goodwill [Abstract]
Customer relationships	$ 114,603	$ 106,086
Noncompete agreements	14,402	11,509
Trademarks	10,753	9,229
Internal-use software licenses	29,394	28,956
Patents	2,840	2,840
Finite-lived intangible assets, gross	171,992	158,620
Accumulated amortization	(79,535)	(75,591)
Finite-lived intangible assets, net	92,457	83,029
Licenses	16,915	16,884
Other intangibles assets, net	$ 109,372	$ 99,913

Other Intangible Assets (Narrat

Other Intangible Assets (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Intangible Assets Net Excluding Goodwill [Abstract]
Amortization expense	$ 30.4	$ 28.1	$ 15.4

Other Intangible Assets (Estima

Other Intangible Assets (Estimated Amortization Expense for Finite-Lived Intangible Assets) (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Intangible Assets Net Excluding Goodwill [Abstract]
2,019	$ 25,620
2,020	14,294
2,021	10,967
2,022	10,330
2,023	$ 9,859

Deposits (Escrow, Savings and I

Deposits (Escrow, Savings and Investment Certificate Accounts) (Detail) - USD ($) $ in Thousands		Dec. 31, 2018	Dec. 31, 2017
Banking And Thrift [Abstract]
Interest bearing		$ 2,496,805	$ 2,058,596
Non-interest bearing		1,133,825	879,252
Escrow accounts		3,630,630	2,937,848
Business checking and other deposits	[1]	155,553	132,718
Deposits, Total		$ 3,786,183	$ 3,070,566
Weighted average interest rate, Interest bearing escrow accounts		0.12%	0.10%
[1]	Business checking and other deposits primarily reflect non-interest bearing accounts.

Reserve for Known and Incurre_3

Reserve for Known and Incurred but Not Reported Claims (Activity in Reserve for Known and Incurred but Not Reported Claims) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance at beginning of year	$ 1,028,933	$ 1,025,863	$ 983,880
Provision related to current year	444,969	446,500	441,228
Provision related to prior years	7,664	3,910	47,373
Total Provision	452,633	450,410	488,601
Payments, net of recoveries, related to: Current year	242,617	240,468	223,735
Payments, net of recoveries, related to: Prior years	208,139	231,579	239,264
Total Payments, net of recoveries	450,756	472,047	462,999
Other	11,869	24,707	16,381
Balance at end of year	$ 1,042,679	$ 1,028,933	$ 1,025,863

Reserve for Known and Incurre_4

Reserve for Known and Incurred but Not Reported Claims (Narrative) (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reserve For Known And Incurred But Not Reported Claims [Line Items]
Payments, net of recoveries, related to: Current year	$ 242,617,000	$ 240,468,000	$ 223,735,000
Payments, net of recoveries, related to: Prior years	$ 208,139,000	$ 231,579,000	$ 239,264,000
Provision for title loss, percentage of title premiums and escrow fees	4.00%	4.00%	5.50%
Ultimate loss rate	4.00%	4.00%	4.50%
Estimated increase in loss reserve for prior policy years	$ 0	$ 0	$ 42,600,000
Ultimate loss in excess			$ 2,500,000
Projected ultimate loss ratio percentage	4.00%	3.90%	3.80%
Specialty Insurance
Reserve For Known And Incurred But Not Reported Claims [Line Items]
Payments, net of recoveries, related to: Current year	$ 228,300,000	$ 225,600,000	$ 211,300,000
Payments, net of recoveries, related to: Prior years	56,700,000	46,100,000	41,400,000
Property and Casualty Insurance Business
Reserve For Known And Incurred But Not Reported Claims [Line Items]
Payments on reinsured losses	15,300,000	8,900,000	2,100,000
Reinsurance recoveries	$ 20,300,000	$ 9,600,000	$ 2,000,000

Reserve for Known and Incurre_5

Reserve for Known and Incurred but Not Reported Claims (Summary of Loss Reserves) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Insurance [Abstract]
Known title claims, amount	$ 80,306	$ 83,094
IBNR title claims, amount	877,134	875,724
Total title claims, amount	957,440	958,818
Non-title claims, amount	85,239	70,115
Total loss reserves, amount	$ 1,042,679	$ 1,028,933	$ 1,025,863	$ 983,880
Known title claims, percent	7.70%	8.10%
IBNR title claims, percent	84.10%	85.10%
Total title claims, percent	91.80%	93.20%
Non-title claims, percent	8.20%	6.80%
Total loss reserves, percent	100.00%	100.00%

Reserve for Known and Incurre_6

Reserve for Known and Incurred but Not Reported Claims - Summary of Incurred and Paid Claims Development Net of Reinsurance (Detail) $ in Thousands	Dec. 31, 2018USD ($)Claim	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	[1]	Dec. 31, 2014USD ($)	[1]	Dec. 31, 2013USD ($)	[1]	Dec. 31, 2012USD ($)	[1]	Dec. 31, 2011USD ($)	[1]	Dec. 31, 2010USD ($)	[1]	Dec. 31, 2009USD ($)	[1]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	$ 1,983,997
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	1,928,277
All outstanding liabilities before 2008, net of reinsurance	16
Liabilities for claims and claims adjustment expenses, net of reinsurance	55,736
Accident Year 2009 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	139,186	$ 139,186	$ 139,216	$ 139,191		$ 139,090		$ 138,936		$ 139,266		$ 139,663		$ 139,580		$ 141,154
Total of IBNR liabilities plus expected development on reported	$ 0
Cumulative number of reported | Claim	605
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 139,186	139,186	139,186	139,181		138,963		138,710		138,293		137,689		134,606		$ 113,550
Accident Year 2010 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	140,324	140,308	140,353	140,641		140,128		139,639		139,991		139,966		140,621
Total of IBNR liabilities plus expected development on reported	$ 0
Cumulative number of reported | Claim	606
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 140,321	140,304	140,302	140,886		140,136		139,486		138,978		136,770		$ 113,513
Accident Year 2011 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	149,487	149,488	149,552	149,763		149,486		149,768		149,076		148,395
Total of IBNR liabilities plus expected development on reported	$ 0
Cumulative number of reported | Claim	641
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 149,486	149,485	149,495	149,358		148,984		146,952		144,367		$ 123,116
Accident Year 2012 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	161,650	160,911	160,517	160,579		159,918		158,981		157,287
Total of IBNR liabilities plus expected development on reported	$ 0
Cumulative number of reported | Claim	692
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 161,304	160,268	159,740	159,181		157,364		153,753		$ 130,623
Accident Year 2013 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	184,777	184,668	184,826	185,244		184,419		182,858
Total of IBNR liabilities plus expected development on reported	$ 26
Cumulative number of reported | Claim	762
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 184,711	184,473	183,957	182,565		180,277		$ 151,377
Accident Year 2014 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	190,944	191,025	191,120	190,738		190,985
Total of IBNR liabilities plus expected development on reported	$ 123
Cumulative number of reported | Claim	789
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 190,398	189,525	188,117	185,686		$ 156,536
Accident Year 2015 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	226,555	225,977	225,754	221,617
Total of IBNR liabilities plus expected development on reported	$ 342
Cumulative number of reported | Claim	867
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 225,041	223,045	217,618	$ 181,445
Accident Year 2016 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	251,506	249,358	245,859
Total of IBNR liabilities plus expected development on reported	$ 939
Cumulative number of reported | Claim	972
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 248,211	243,111	$ 205,857
Accident Year 2017 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	275,480	267,392
Total of IBNR liabilities plus expected development on reported	$ 2,940
Cumulative number of reported | Claim	1,014
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 266,653	$ 220,218
Accident Year 2018 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	264,088
Total of IBNR liabilities plus expected development on reported	$ 11,329
Cumulative number of reported | Claim	1,063
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 222,966
[1]	*Amounts unaudited.

Reserve for Known and Incurre_7

Reserve for Known and Incurred but Not Reported Claims - Reconciliation of the Net Incurred and Paid Claims Development Tables to the Liability for Claims and Claim Adjustment Expense (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Shortduration Insurance Contracts Liability For Unpaid Claims And Allocated Claim Adjustment Expense Net [Abstract]
Liability for unpaid claims and claim adjustment expenses, net of reinsurance	$ 55,736
Reinsurance recoverable on unpaid claims: Specialty insurance	28,290
Unallocated claims adjustment expenses: Specialty insurance	1,213
Title insurance	957,440	$ 958,818
Total loss reserves, amount	$ 1,042,679	$ 1,028,933	$ 1,025,863	$ 983,880

Reserve for Known and Incurre_8

Reserve for Known and Incurred but Not Reported Claims - Schedule of Supplementary Information about Average Historical Claims (Detail)	Dec. 31, 2018
Shortduration Insurance Contracts Liability For Unpaid Claims And Allocated Claim Adjustment Expense Net [Abstract]
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 1	82.60%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 2	14.70%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 3	1.50%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 4	0.80%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 5	0.30%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 6	0.10%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 7	0.00%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 8	0.00%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 9	0.00%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 10	0.00%

Notes and Contracts Payable (Sc

Notes and Contracts Payable (Schedule of Notes and Contracts Payable) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Line of credit borrowings due May 14, 2019, weighted-average interest rate of 4.15% and 3.32% at December 31, 2018 and 2017, respectively	$ 160,000	$ 160,000
Trust deed notes with maturities through 2023, collateralized by land and buildings with net book values of $39,283 and $46,478 at December 31, 2018 and 2017, respectively, weighted-average interest rate of 5.26% and 5.27%, at December 31, 2018 and 2017, respectively	19,247	22,725
Other notes and contracts payable with maturities through 2032, weighted-average interest rate of 4.49% and 4.70% at December 31, 2018 and 2017, respectively	5,791	3,707
Notes and contracts payable	735,038	736,432
Unamortized discount – senior unsecured notes	(462)	(560)
Debt issuance costs – senior unsecured notes	(2,557)	(3,062)
Notes and contracts payable net of unamortized discount and debt issuance costs	732,019	732,810
4.60% unsecured notes
Debt Instrument [Line Items]
Senior unsecured notes	300,000	300,000
4.30% unsecured notes
Debt Instrument [Line Items]
Senior unsecured notes	$ 250,000	$ 250,000

Notes and Contracts Payable (_2

Notes and Contracts Payable (Schedule of Notes and Contracts Payable) (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Weighted-average interest rate	4.42%	4.24%
Senior Notes | 4.60% unsecured notes
Debt Instrument [Line Items]
Senior unsecured notes maturity date	Nov. 15, 2024
Effective interest rate	4.60%
Senior Notes | 4.30% unsecured notes
Debt Instrument [Line Items]
Senior unsecured notes maturity date	Feb. 1, 2023
Effective interest rate	4.35%
Line of Credit
Debt Instrument [Line Items]
Line of credit borrowings maturity date	May 14, 2019
Weighted-average interest rate	4.15%	3.32%
Mortgages
Debt Instrument [Line Items]
Weighted-average interest rate	5.26%	5.27%
Maturity year	2,023
Collateral value	$ 39,283	$ 46,478
Other Notes and Contracts Payable
Debt Instrument [Line Items]
Weighted-average interest rate	4.49%	4.70%
Other notes and contracts payable maturities in year	2,032

Notes and Contracts Payable (Na

Notes and Contracts Payable (Narrative) (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Line of Credit Facility [Abstract]
Outstanding borrowings under credit facility	$ 160,000,000	$ 160,000,000
Credit facility interest rate	4.15%
Line of credit facility, maximum increase in revolving credit	$ 150,000,000
Revolving loans, interest rate description	At the Company’s election, borrowings under the credit agreement bear interest at (a) the Alternate Base Rate plus the applicable spread or (b) the Adjusted LIBOR rate plus the applicable spread (in each case as defined in the agreement). The Company may select interest periods of one, two, three or six months or (if agreed to by all lenders) such other number of months for Eurodollar borrowings of loans. The applicable spread varies depending upon the debt rating assigned by Moody’s Investor Service, Inc. and/or Standard & Poor’s Rating Services. The minimum applicable spread for Alternate Base Rate borrowings is 0.625% and the maximum is 1.00%. The minimum applicable spread for Adjusted LIBOR rate borrowings is 1.625% and the maximum is 2.00%. The rate of interest on Incremental Term Loans will be established at or about the time such loans are made and may differ from the rate of interest on revolving loans.
Weighted-average interest rate	4.42%	4.24%
Base Rate | Minimum
Line of Credit Facility [Abstract]
Debt instrument, applicable spread	0.625%
Base Rate | Maximum
Line of Credit Facility [Abstract]
Debt instrument, applicable spread	1.00%
London Interbank Offered Rate (LIBOR) | Minimum
Line of Credit Facility [Abstract]
Debt instrument, applicable spread	1.625%
London Interbank Offered Rate (LIBOR) | Maximum
Line of Credit Facility [Abstract]
Debt instrument, applicable spread	2.00%
Unsecured Debt | JPMorgan Chase Bank, N.A
Line of Credit Facility [Abstract]
Credit facility, maximum borrowing capacity	$ 700,000,000
Credit agreement termination date	May 14, 2019

Notes and Contracts Payable (Ag

Notes and Contracts Payable (Aggregate Annual Maturities of Notes and Contracts Payable) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Maturities of Long-term Debt [Abstract]
2,019	$ 165,384
2,020	5,066
2,021	4,965
2,022	5,104
2,023	254,403
Thereafter	300,116
Notes and contracts payable, Total	$ 735,038	$ 736,432

Net Investment Income (Schedule

Net Investment Income (Schedule of Net Investment Income) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Net Investment Income, Insurance Entity [Abstract]
Total investment income	$ 233,789	$ 165,528	$ 128,575
Other investments	64,328	22,221	7,818
Deferred compensation plan assets	(6,399)	14,211	5,861
Equity in earnings of affiliates, net	2,717	3,785	8,173
Other	106	607	130
Investment expenses	(3,500)	(3,126)	(2,441)
Net investment income	230,289	162,402	126,134
Cash, cash equivalents and deposits with banks
Net Investment Income, Insurance Entity [Abstract]
Total investment income	21,910	7,321	3,989
Debt Securities
Net Investment Income, Insurance Entity [Abstract]
Total investment income	138,409	104,458	89,920
Equity securities
Net Investment Income, Insurance Entity [Abstract]
Total investment income	$ 12,718	$ 12,925	$ 12,684

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Line Items]
Tax Cuts and Jobs Act, change in Tax Rate, Income Tax Expense (Benefit) adjustment	$ 6,800
Additional foreign credits		$ 3,000
Adjustments to deferred balances		3,800
Income (loss) from continuing operations before noncontrolling interests, Domestic		571,900	$ 391,400	$ 416,500
Income (loss) from continuing operations before noncontrolling interests, Foreign		$ 37,600	$ 53,900	$ 61,100
Federal income tax rates		21.00%	35.00%	35.00%
Effective income tax rates		21.90%	5.30%	28.10%
Tax benefits recorded		$ 5,200	$ 3,400
Net payable related to spin-off tax liabilities	15,600	15,600	15,000
Foreign tax credit carryover net of valuation allowance	8,300	8,300
Operating loss carryforwards, amount	78,200	78,200
Operating loss carryforwards, indefinite expiration, amount	28,600	28,600
Operating loss carryforwards, remaining expiration, amount	49,600	49,600
Deferred tax asset valuation allowance	10,621	10,621	10,333
Liability for income taxes associated with uncertain tax positions	13,300	13,300	12,800	$ 18,100	$ 23,800
Offsetting tax benefits related to uncertain tax positions	3,700	3,700	3,700	5,700
Uncertain tax positions, net	9,600	9,600	9,100	12,400
Accrued interest and penalties on uncertain tax positions	5,800	5,800	5,300	4,100
Other tax benefits related to interest and penalties of uncertain tax positions		$ 1,600	1,400	$ 1,800
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 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.
Deferred Tax Assets Valuation Allowances On Net Operating Loss Carryforwards
Income Tax Disclosure [Line Items]
Deferred tax asset valuation allowance	8,900	$ 8,900	9,300
Deferred Tax Assets Valuation Allowances On Other Foreign Deferred Tax Assets
Income Tax Disclosure [Line Items]
Deferred tax asset valuation allowance	1,700	1,700	$ 1,000
Federal
Income Tax Disclosure [Line Items]
Operating loss carryforwards, amount	400	400
State
Income Tax Disclosure [Line Items]
Operating loss carryforwards, amount	35,900	35,900
Foreign
Income Tax Disclosure [Line Items]
Operating loss carryforwards, amount	$ 41,900	$ 41,900

Income Taxes - Summary of Tax E

Income Taxes - Summary of Tax Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Current Federal	$ 101,427	$ 116,400	$ 24,208
Current State	12,285	9,382	1,943
Current Foreign	8,990	11,533	10,806
Current Income Tax Expense (Benefit), Total	122,702	137,315	36,957
Deferred Federal	4,381	(104,062)	91,190
Deferred State	299	(10,724)	3,753
Deferred Foreign	6,258	939	2,205
Deferred Income Tax Expense (Benefit), Total	10,938	(113,847)	97,148
Income tax	$ 133,640	$ 23,468	$ 134,105

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Taxes calculated at federal rate	$ 128,003	$ 155,866	$ 167,153
State taxes, net of federal benefit	9,941	(872)	3,703
Change in liability for tax positions	875	(3,482)	(10,512)
Foreign income taxed at different rates	7,287	(6,163)	(7,983)
Federal tax credits	0	0	(12,265)
Tax reform impact	(6,804)	(129,139)	0
Unremitted foreign earnings	(146)	14,997	0
Other items, net	(5,516)	(7,739)	(5,991)
Income tax	$ 133,640	$ 23,468	$ 134,105
Federal income tax rate	21.00%	35.00%	35.00%
State taxes, net of federal benefit	1.60%	(0.20%)	0.80%
Change in liability for tax positions	0.10%	(0.80%)	(2.20%)
Foreign income taxed at different rates	1.20%	(1.30%)	(1.70%)
Federal tax credits	(0.00%)	(0.00%)	(2.60%)
Tax reform impact	(1.10%)	(29.00%)	0.00%
Unremitted foreign earnings	0.00%	3.30%	0.00%
Other items, net	(0.90%)	(1.70%)	(1.20%)
Total	21.90%	5.30%	28.10%

Income Taxes - Net Deferred Tax

Income Taxes - Net Deferred Tax Liability (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Components Of Deferred Tax Assets And Liabilities [Abstract]
Deferred revenue	$ 7,362	$ 7,766
Employee benefits	87,960	86,519
Bad debt reserves	7,421	7,191
Loss reserves	1,793	1,372
Pension	18,817	22,600
Net operating loss carryforward	13,290	13,914
Securities	11,356	0
Foreign tax credit	8,415	7,976
Other	5,464	5,673
Deferred tax assets before valuation allowance	161,878	153,011
Valuation allowance	(10,621)	(10,333)
Deferred tax assets	151,257	142,678
Depreciable and amortizable assets	230,758	204,863
Claims and related salvage	108,497	104,323
Investments in affiliates	1,957	3,343
Securities	0	11,656
Unremitted foreign earnings	10,506	14,997
Deferred tax liabilities	351,718	339,182
Net deferred tax liability	$ 200,461	$ 196,504

Income Taxes - Changes In Unrec

Income Taxes - Changes In Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Unrecognized tax benefits
Unrecognized tax benefits—beginning balance	$ 12,800	$ 18,100	$ 23,800
Gross decreases—prior period tax positions	0	(1,000)	(7,100)
Gross increases—current period tax positions	500	0	1,400
Settlements with taxing authorities	0	(4,300)	0
Unrecognized tax benefits—ending balance	$ 13,300	$ 12,800	$ 18,100

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																12 Months Ended
	Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Earnings Per Share [Abstract]
Net income attributable to the Company	$ 91,649		$ 151,480		$ 155,140		$ 76,227		$ 221,127		$ 21,383		$ 122,257		$ 58,282		$ 474,496	$ 423,049	$ 342,993
Basic weighted-average shares																	112,613	111,668	110,548
Effect of dilutive employee stock options and RSUs																	666	767	608
Diluted weighted-average shares																	113,279	112,435	111,156
Basic	$ 0.81	[1]	$ 1.34	[1]	$ 1.38	[1]	$ 0.68	[1]	$ 1.98	[1]	$ 0.19	[1]	$ 1.10	[1]	$ 0.52	[1]	$ 4.21	$ 3.79	$ 3.10
Diluted	$ 0.81	[1]	$ 1.34	[1]	$ 1.37	[1]	$ 0.67	[1]	$ 1.96	[1]	$ 0.19	[1]	$ 1.09	[1]	$ 0.52	[1]	$ 4.19	$ 3.76	$ 3.09
[1]	Net income per share attributable to the Company’s stockholders for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period.

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Detail) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Stock Options ​and​ Restricted​ Stock​ Units
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from the weighted-average diluted common shares outstanding	0		0
RSUs
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Antidilutive securities excluded from the weighted-average diluted common shares outstanding	11	2

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Deferred compensation arrangements [Abstract]
Deferred compensation plan, maximum deferral percentage	100.00%
Assets held-in-trust	$ 86,500	$ 92,700
Unfunded liabilities	$ 94,300	97,200
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Executive and management supplemental benefit plans compensation period	5 years
Contribution for pension obligation		34,000	$ 84,800
Defined benefit plan, settlements benefit obligation	$ 0	152,388	66,337
Defined benefit plan, lump sum distributions to certain participants			127,200
Accounting Standards Update 2017-07
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Prior period reclassification of non-service cost components from Personnel costs to Other operating expenses		$ 175,000	$ 101,500
Savings Plan
Defined contribution pension and other postretirement plans disclosure [Abstract]
Common stock, outstanding	2,162,000	2,428,000
Percentage of plan shares in total shares outstanding	1.90%	2.20%
Unfunded Supplemental Benefit Plans
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Contribution for pension obligation	$ 13,836	$ 13,521
Cash contribution to plans during the next 12 months	$ 14,600
Unfunded Supplemental Benefit Plans | Maximum
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Maximum benefit rate of final average compensation under non qualified plan	30.00%
Unfunded Supplemental Benefit Plans | Minimum
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Maximum benefit rate of final average compensation under non qualified plan	15.00%
Defined Benefit Pension And Supplemental Benefit Plans
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Net actuarial loss expected to be amortized from accumulated comprehensive loss into net periodic loss in next fiscal year	$ 3,700
Prior service credit expected to be amortized from accumulated comprehensive loss into net periodic loss in next fiscal year	$ 4,100

Employee Benefit Plans (Princip

Employee Benefit Plans (Principal Components of Employee Benefit Costs) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Employee Benefit Plan Disclosure [Line Items]
Employee benefit plan expenses	$ 58,250	$ 227,188	$ 145,720
Savings Plan
Employee Benefit Plan Disclosure [Line Items]
Savings plan	46,208	34,520	33,109
Funded Defined Benefit Pension Plans
Employee Benefit Plan Disclosure [Line Items]
Employee benefit plan expenses	0	162,368	88,908
Unfunded Supplemental Benefit Plans
Employee Benefit Plan Disclosure [Line Items]
Employee benefit plan expenses	9,248	12,705	13,613
Other Plans, Net
Employee Benefit Plan Disclosure [Line Items]
Other plans, net	$ 2,794	$ 17,595	$ 10,090

Employee Benefit Plans (Company

Employee Benefit Plans (Company's Benefit Obligations and Funded Status) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Change in projected benefit obligation:
Service costs	$ 519	$ 734	$ 1,042
Interest costs	8,079	13,261	24,090
Change in plan assets:
Contributions		34,000	84,800
Unfunded Supplemental Benefit Plans
Change in projected benefit obligation:
Benefit obligation at beginning of year	258,528	251,204
Service costs	519	734
Interest costs	8,079	8,350
Actuarial (gains) losses	(16,517)	11,761
Annuity purchase	0	0
Benefits paid	(13,836)	(13,521)
Projected benefit obligation at end of year	236,773	258,528	251,204
Change in plan assets:
Fair value of plan assets at beginning of year	0	0
Actual returns on plan assets	0	0
Contributions	13,836	13,521
Annuity purchase	0	0
Benefits paid	(13,836)	(13,521)
Fair value of plan assets at end of year	0	0	0
Reconciliation of funded status, Unfunded status of the plans	236,773	258,528
Amounts recognized in the consolidated balance sheet, Accrued benefit liability	236,773	258,528
Unrecognized net actuarial loss	80,251	101,596
Unrecognized prior service credit	(8,250)	(12,429)
Amounts recognized in accumulated other comprehensive income	72,001	89,167
Accumulated benefit obligation at end of year	236,773	258,528
Defined Benefit Pension Plans
Change in projected benefit obligation:
Benefit obligation at beginning of year	0	315,108
Service costs		0
Interest costs		4,911
Actuarial (gains) losses		8,560
Annuity purchase		(318,592)
Benefits paid		(9,987)
Projected benefit obligation at end of year		0	315,108
Change in plan assets:
Fair value of plan assets at beginning of year	$ 0	291,760
Actual returns on plan assets		2,859
Contributions		33,960
Annuity purchase		(318,592)
Benefits paid		(9,987)
Fair value of plan assets at end of year		0	$ 291,760
Reconciliation of funded status, Unfunded status of the plans		0
Amounts recognized in the consolidated balance sheet, Accrued benefit liability		0
Unrecognized net actuarial loss		0
Unrecognized prior service credit		0
Amounts recognized in accumulated other comprehensive income		0
Accumulated benefit obligation at end of year		$ 0

Employee Benefit Plans (Net Per

Employee Benefit Plans (Net Periodic Costs) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Plan Net Periodic Benefit Cost [Abstract]
Service costs	$ 519	$ 734	$ 1,042
Interest costs	8,079	13,261	24,090
Expected return on plan assets	0	(4,740)	(12,386)
Amortization of net actuarial loss	4,828	17,742	28,282
Amortization of prior service credit	(4,178)	(4,312)	(4,844)
Settlement costs	0	152,388	66,337
Net periodic costs	$ 9,248	$ 175,073	$ 102,521

Employee Benefit Plans (The Wei

Employee Benefit Plans (The Weighted-Average Discount Rate Assumptions Used to Determine Net Periodic Benefit Costs) (Detail) - Unfunded Supplemental Benefit Plans	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate for projected benefit obligation	3.61%	4.03%	4.33%
Discount rate for service cost	3.78%	4.32%	4.69%
Discount rate for interest cost	3.23%	3.43%	3.56%

Employee Benefit Plans (The W_2

Employee Benefit Plans (The Weighted-Average Discount Rate Assumptions Used to Determine the Projected Benefit Obligations) (Detail)	Dec. 31, 2018	Dec. 31, 2017
Unfunded Supplemental Benefit Plans
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Defined benefit pension plans, Discount rate	4.32%	3.61%

Employee Benefit Plans (Benefit

Employee Benefit Plans (Benefit Payments, Expected Future Service) (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Defined Benefit Plan Estimated Future Benefit Payments [Abstract]
2,019	$ 14,588
2,020	15,626
2,021	16,000
2,022	16,259
2,023	16,492
Five years thereafter	$ 81,032

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Assets Measured on Recurring Basis) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	$ 5,713,811	$ 4,752,684
Equity securities, Estimated fair value	353,535	466,516
Debt and Equity securities, estimated fair value	6,067,346	5,219,200
U.S. Treasury Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	162,506	173,998
Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	1,045,035	1,035,937
Foreign Government Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	157,297	169,488
Governmental Agency Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	316,167	211,470
Governmental Agency Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	3,202,599	2,158,957
U.S. Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	561,260	743,215
Foreign Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	268,947	259,619
Preferred stocks
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	14,162	18,990
Common Stock
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	339,373	447,526
Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Equity securities, Estimated fair value	353,535	466,516
Debt and Equity securities, estimated fair value	353,535	466,516
Level 1 | U.S. Treasury Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | Foreign Government Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | Governmental Agency Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | Governmental Agency Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | U.S. Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | Foreign Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 1 | Preferred stocks
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	14,162	18,990
Level 1 | Common Stock
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	339,373	447,526
Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	5,713,811	4,708,150
Equity securities, Estimated fair value	0	0
Debt and Equity securities, estimated fair value	5,713,811	4,708,150
Level 2 | U.S. Treasury Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	162,506	173,998
Level 2 | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	1,045,035	1,035,937
Level 2 | Foreign Government Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	157,297	169,488
Level 2 | Governmental Agency Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	316,167	211,470
Level 2 | Governmental Agency Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	3,202,599	2,158,957
Level 2 | U.S. Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	561,260	700,347
Level 2 | Foreign Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	268,947	257,953
Level 2 | Preferred stocks
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	0	0
Level 2 | Common Stock
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	0	0
Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	44,534
Equity securities, Estimated fair value	0	0
Debt and Equity securities, estimated fair value	0	44,534
Level 3 | U.S. Treasury Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 3 | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 3 | Foreign Government Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 3 | Governmental Agency Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 3 | Governmental Agency Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	0
Level 3 | U.S. Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	42,868
Level 3 | Foreign Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, Estimated fair value	0	1,666
Level 3 | Preferred stocks
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	0	0
Level 3 | Common Stock
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, Estimated fair value	$ 0	$ 0

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Detail) - USD ($)	Dec. 31, 2018	Dec. 31, 2017
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) (Detail) - Level 3 - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value at beginning of period	$ 44,534	$ 52,933
Transfers into Level 3	0	7,991
Transfers out of Level 3	(25,877)	(15,584)
Included in earnings	(191)	(154)
Included in other comprehensive income (loss)	(162)	(352)
Purchases	0	28,246
Sales	(9,187)	(9,343)
Settlements	(9,117)	(19,203)
Fair value at end of period	0	44,534
U.S. Corporate Debt Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value at beginning of period	42,868	46,665
Transfers into Level 3	0	7,991
Transfers out of Level 3	(25,089)	(14,472)
Included in earnings	(194)	(172)
Included in other comprehensive income (loss)	(156)	(300)
Purchases	0	26,399
Sales	(8,838)	(7,606)
Settlements	(8,591)	(15,637)
Fair value at end of period	0	42,868
Foreign Corporate Debt Securities
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Fair value at beginning of period	1,666	6,268
Transfers into Level 3	0	0
Transfers out of Level 3	(788)	(1,112)
Included in earnings	3	18
Included in other comprehensive income (loss)	(6)	(52)
Purchases	0	1,847
Sales	(349)	(1,737)
Settlements	(526)	(3,566)
Fair value at end of period	$ 0	$ 1,666

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	Dec. 31, 2018	Dec. 31, 2017
Carrying Amount
Assets:
Cash and cash equivalents	$ 1,467,129	$ 1,387,226
Deposits with banks	36,209	41,335
Notes receivable, net	13,237	7,066
Secured financings receivable	76,311
Liabilities:
Secured financings payable	76,313
Notes and contracts payable	732,019	732,810
Estimated Fair Value
Assets:
Cash and cash equivalents	1,467,129	1,387,226
Deposits with banks	35,979	41,259
Notes receivable, net	12,805	6,798
Secured financings receivable	76,311
Liabilities:
Secured financings payable	76,313
Notes and contracts payable	741,839	755,670
Estimated Fair Value | Level 1
Assets:
Cash and cash equivalents	1,467,129	1,387,226
Deposits with banks	4,307	6,846
Notes receivable, net	0	0
Secured financings receivable	0
Liabilities:
Secured financings payable	0
Notes and contracts payable	0	0
Estimated Fair Value | Level 2
Assets:
Cash and cash equivalents	0	0
Deposits with banks	31,672	34,413
Notes receivable, net	0	0
Secured financings receivable	76,311
Liabilities:
Secured financings payable	76,313
Notes and contracts payable	736,048	751,827
Estimated Fair Value | Level 3
Assets:
Cash and cash equivalents	0	0
Deposits with banks	0	0
Notes receivable, net	12,805	6,798
Secured financings receivable	0
Liabilities:
Secured financings payable	0
Notes and contracts payable	$ 5,791	$ 3,843

Share-Based Compensation Plan_2

Share-Based Compensation Plans (Narrative) (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation cost related to unvested RSUs	$ 28.1
Unrecognized compensation cost related to unvested stock options	0
Total intrinsic value of options exercised for years	1.1	$ 1
Cash proceeds from stock options exercised	$ 1	$ 1.8
Stock options exercised	36,000		0
Incentive Compensation Plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Common stock that can be awarded under terms of incentive compensation plan, in shares	2,500,000
Incentive Compensation Plan, termination period, in years	10 years
Employee stock purchase plan percentage of purchase price on closing price	85.00%
Shares issued Employee Stock Purchase Plan	363,000	390,000
Shares reserved for future issuances	2,000,000
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation cost related to unvested RSUs that is expected to be recognized over a weighted-average period, Years	2 years 2 months 12 days
Weighted average grant-date fair value	$ 54.80	$ 39.56	$ 36.70
Total fair value of shares distributed	$ 54.5	$ 34.6	$ 29
Shares vested but not distributed	1,000,000

Share-Based Compensation (Costs

Share-Based Compensation (Costs Associated with Share-Based Compensation Plans) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 41,145	$ 37,399	$ 34,125
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	37,597	34,059	31,120
Stock options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	0	263	271
Employee stock purchase plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 3,548	$ 3,077	$ 2,734

Share-Based Compensation (Summa

Share-Based Compensation (Summary of RSU Activity) (Detail) - RSUs - RSUs - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
RSU, Shares
Unvested at December 31, 2017	1,411
Granted during 2018	791
Vested during 2018	(919)
Forfeited during 2018	(35)
Unvested at December 31, 2018	1,248	1,411
RSU, Weighted-average grant-date fair value
Unvested at December 31, 2017	$ 36.66
Granted during 2018	54.80	$ 39.56	$ 36.70
Vested during 2018	41.27
Forfeited during 2018	44.84
Unvested at December 31, 2018	$ 44.53	$ 36.66

Share-Based Compensation Plan_3

Share-Based Compensation Plans (Summary of Stock Option Activity) (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2016
Stock option
Balance at December 31, 2017	66
Exercised during 2018	(36)	0
Balance at December 31, 2018	30
Exercisable at December 31, 2018	30
Stock option, weighted-average exercise price
Balance at December 31, 2017	$ 27.66
Exercised during 2018	27.66
Balance at December 31, 2018	27.66
Exercisable at December 31, 2018	$ 27.66
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures
Ending Balance, Weighted-average remaining contractual term, years	5 years
Exercisable at December 31, 2018, Weighted-average remaining contractual term, years	5 years
Ending Balance, Aggregate intrinsic value	$ 509
Exercisable at December 31, 2018, Aggregate intrinsic value	$ 509

Stockholders' Equity (Detail)

Stockholders' Equity (Detail) - USD ($) shares in Thousands	12 Months Ended		94 Months Ended
	Dec. 31, 2018	Dec. 31, 2016	Dec. 31, 2018	Mar. 31, 2014	Mar. 31, 2011
Equity [Abstract]
Stock repurchase program, authorized amount				$ 250,000,000	$ 150,000,000
Remaining authorized amount under stock repurchase program	$ 163,600,000		$ 163,600,000
Common stock repurchased, shares	425	14	3,600
Purchase of Company, value	$ 18,801,000	$ 454,000	$ 86,400,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (AOCI) (Components of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance		$ (160,573)	$ (67,489)	$ (230,393)	$ (239,000)
Cumulative-effect adjustment, net of taxes	[1]	(40,550)
Change in unrealized gains (losses) on debt and equity securities		(49,661)	86,834	(15,702)
Change in foreign currency translation adjustment		(28,145)	24,744	(6,334)
Net actuarial gain (loss)		16,517	(20,407)	(48,803)
Amortization of net actuarial loss		4,828	17,742	28,282
Amortization of prior service credit		(4,178)	(4,312)	(4,844)
Settlement costs			152,388	66,337
Tax effect		8,105	(94,085)	(10,329)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance		(160,573)	(67,489)	(230,393)
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		(42,165)	36,803	(26,760)	(16,401)
Cumulative-effect adjustment, net of taxes	[1]	(40,550)
Change in unrealized gains (losses) on debt and equity securities		(49,661)	86,834	(15,702)
Tax effect		11,243	(23,271)	5,343
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance		(42,165)	36,803	(26,760)
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		(65,628)	(38,832)	(63,576)	(57,242)
Change in foreign currency translation adjustment		(28,145)	24,744	(6,334)
Tax effect		1,349	0	0
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance		(65,628)	(38,832)	(63,576)
Pension Benefit Adjustment
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance		(52,780)	(65,460)	(140,057)	$ (165,357)
Net actuarial gain (loss)		16,517	(20,407)	(48,803)
Amortization of net actuarial loss		4,828	17,742	28,282
Amortization of prior service credit		(4,178)	(4,312)	(4,844)
Settlement costs			152,388	66,337
Tax effect		(4,487)	(70,814)	(15,672)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance		$ (52,780)	$ (65,460)	$ (140,057)
[1]	The Company recognized a cumulative-effect adjustment to retained earnings for cumulative net unrealized gains related to its investments in equity securities upon adoption of new accounting guidance on January 1, 2018. See Note 1 Basis of Presentation and Significant Accounting Policies for further discussion of the new guidance.

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Accumulated Other Comprehensive Income (Loss) Allocated to Company and Noncontrolling Interests) (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss), Allocated to the Company	$ (160,575)	$ (67,509)	$ (230,400)
Accumulated other comprehensive income (loss), Allocated to noncontrolling interests	2	20	7
Accumulated other comprehensive income (loss) including non-controlling interest	(160,573)	(67,489)	(230,393)	$ (239,000)
Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss), Allocated to the Company	(42,167)	36,783	(26,767)
Accumulated other comprehensive income (loss), Allocated to noncontrolling interests	2	20	7
Accumulated other comprehensive income (loss) including non-controlling interest	(42,165)	36,803	(26,760)	(16,401)
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss), Allocated to the Company	(65,628)	(38,832)	(63,576)
Accumulated other comprehensive income (loss), Allocated to noncontrolling interests	0	0	0
Accumulated other comprehensive income (loss) including non-controlling interest	(65,628)	(38,832)	(63,576)	(57,242)
Pension Benefit Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Accumulated other comprehensive income (loss), Allocated to the Company	(52,780)	(65,460)	(140,057)
Accumulated other comprehensive income (loss), Allocated to noncontrolling interests	0	0	0
Accumulated other comprehensive income (loss) including non-controlling interest	$ (52,780)	$ (65,460)	$ (140,057)	$ (165,357)

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Income (Loss) (Other Comprehensive Income (Loss) Reclassification Adjustments) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	$ (75,538)	$ 105,890	$ (52,520)
Reclassifications out of AOCI	14,899	151,099	71,456
Tax effect	8,105	(94,085)	(10,329)
Total other comprehensive (loss) income, net of tax	(52,534)	162,904	8,607
Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	(63,910)	101,553	2,617
Reclassifications out of AOCI	14,249	(14,719)	(18,319)
Tax effect	11,243	(23,271)	5,343
Total other comprehensive (loss) income, net of tax	(38,418)	63,563	(10,359)
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	(28,145)	24,744	(6,334)
Reclassifications out of AOCI	0	0	0
Tax effect	1,349	0	0
Total other comprehensive (loss) income, net of tax	(26,796)	24,744	(6,334)
Pension Benefit Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	16,517	(20,407)	(48,803)
Reclassifications out of AOCI	650	165,818	89,775
Tax effect	(4,487)	(70,814)	(15,672)
Total other comprehensive (loss) income, net of tax	$ 12,680	$ 74,597	$ 25,300

Accumulated Other Comprehensi_6

Accumulated Other Comprehensive Income (Loss) (Reclassifications Out of AOCI) (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Reclassifications out of AOCI		$ (14,899)	$ (151,099)	$ (71,456)
Amortization of net actuarial loss		(4,828)	(17,742)	(28,282)
Amortization of prior service credit		4,178	4,312	4,844
Settlement costs			(152,388)	(66,337)
Unrealized Gains (Losses) on Securities
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net realized gains (losses) on sales of securities	[1]	(14,249)	14,719	18,804
Net other-than-temporary impairment losses				(485)
Reclassifications out of AOCI		(14,249)	14,719	18,319
Tax effect		3,226	(5,259)	(7,007)
Pension Benefit Adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Reclassifications out of AOCI	[2]	(650)	(165,818)	(89,775)
Tax effect	[2]	170	67,322	34,339
Amortization of net actuarial loss	[2]	(4,828)	(17,742)	(28,282)
Amortization of prior service credit	[2]	$ 4,178	4,312	4,844
Settlement costs	[2]		$ (152,388)	$ (66,337)
[1]	Net realized losses for the year ended December 31, 2018 related to sales of debt securities and net realized gains for the years ended December 31, 2017 and 2016 related to sales of debt and equity securities.
[2]	These components of AOCI are components of net periodic cost. See Note 13 Employee Benefit Plans for additional details.

Commitments and Contingencies_2

Commitments and Contingencies (Future Minimum Rental Payments) (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2,019	$ 76,375
2,020	68,026
2,021	54,853
2,022	41,859
2,023	28,948
Thereafter	64,732
Future minimum rental payments	$ 334,793

Commitments and Contingencies_3

Commitments and Contingencies (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Total rental expense for all operating leases	$ 89.4	$ 91	$ 91.4

Litigation and Regulatory Con_2

Litigation and Regulatory Contingencies (Narrative) (Detail) - Canadian Taxing Authority $ in Millions	12 Months Ended
	Dec. 31, 2018USD ($)
Minimum
Income Tax Examination [Line Items]
Income tax authority assessment	$ 12
Maximum
Income Tax Examination [Line Items]
Income tax authority assessment	$ 12.8

Business Combinations (Narrativ

Business Combinations (Narrative) (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Business Acquisition [Line Items]
Acquisition purchase price	$ 82,900,000	$ 91,100,000
Period of mortgage loan sold description	Collections of the receivable balance occur upon sale of the underlying mortgage loan to investors, generally within 30 days and more typically in less than 10 days.
Warehouse lending facilities outstanding borrowings	$ 160,000,000	$ 160,000,000
Specialized Warehouse Lender
Business Acquisition [Line Items]
Period of mortgage loan sold description	The mortgage loans are generally sold by the correspondent mortgage lenders to investors within 30 days and more typically in less than 10 days.
Assets acquired included secured financings receivable from correspondent mortgage lenders	$ 69,600,000
Liabilities assumed included secured financings payable	69,800,000
Combined capacity for warehouse lending facilities	123,000,000
Warehouse lending facilities outstanding borrowings	$ 76,300,000
Maximum | Specialized Warehouse Lender
Business Acquisition [Line Items]
Period of mortgage loan sold	10 days
Minimum | Specialized Warehouse Lender
Business Acquisition [Line Items]
Interest rate	3.50%

Segment Financial Information_2

Segment Financial Information (Narrative) (Detail)	12 Months Ended
	Dec. 31, 2018State
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	36
California
Segment Reporting Information [Line Items]
Policy liability percentage	62.00%

Segment Financial Information_3

Segment Financial Information (Schedule of Selected Financial Information) (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Segment Reporting Information [Line Items]
Revenues	$ 1,417,113	$ 1,542,186	$ 1,491,157	$ 1,297,388	$ 1,481,323	$ 1,519,568	$ 1,454,429	$ 1,317,043	$ 5,747,844	$ 5,772,363	$ 5,575,846
Depreciation and amortization									125,927	128,053	99,047
Equity in earnings of affiliates, net									2,717	3,785	8,173
Income (loss) before income taxes	118,918	$ 195,587	$ 201,968	$ 93,065	159,335	$ 17,962	$ 184,154	$ 83,880	609,538	445,331	477,581
Assets	10,630,635				9,573,222				10,630,635	9,573,222	8,831,777
Investments in equity method affiliates	54,674				56,583				54,674	56,583	102,925
Capital expenditures									125,517	136,664	132,346
Direct premiums and escrow fees									2,507,669	2,461,854	2,416,039
Agent premiums									2,284,906	2,360,659	2,286,630
Information and other									781,467	776,214	723,990
Net investment income									230,289	162,402	126,134
Net realized investment gains (losses)									(56,487)	11,234	23,053
Operating Segments
Segment Reporting Information [Line Items]
Revenues									5,752,123	5,758,176	5,569,969
Direct premiums and escrow fees									2,507,669	2,461,854	2,416,039
Agent premiums									2,284,906	2,360,659	2,286,630
Information and other									782,527	777,277	724,014
Net investment income									233,508	147,152	120,233
Net realized investment gains (losses)									(56,487)	11,234	23,053
Operating Segments | Title Insurance and Services
Segment Reporting Information [Line Items]
Revenues									5,282,781	5,293,156	5,134,125
Depreciation and amortization									119,053	121,540	93,069
Equity in earnings of affiliates, net									2,717	3,785	8,173
Income (loss) before income taxes									655,003	642,364	598,872
Assets	9,613,658				8,669,936				9,613,658	8,669,936	7,905,433
Investments in equity method affiliates	54,674				56,583				54,674	56,583	102,925
Capital expenditures									112,726	128,751	126,715
Direct premiums and escrow fees									2,052,951	2,022,384	2,004,686
Agent premiums									2,284,906	2,360,659	2,286,630
Information and other									770,725	766,018	713,137
Net investment income									223,318	137,439	110,757
Net realized investment gains (losses)									(49,119)	6,656	18,915
Operating Segments | Specialty Insurance
Segment Reporting Information [Line Items]
Revenues									469,342	465,020	435,844
Depreciation and amortization									6,721	6,351	5,593
Equity in earnings of affiliates, net									0	0	0
Income (loss) before income taxes									26,999	36,908	40,074
Assets	600,268				592,405				600,268	592,405	551,231
Investments in equity method affiliates	0				0				0	0	0
Capital expenditures									12,791	7,913	5,631
Direct premiums and escrow fees									454,718	439,470	411,353
Information and other									11,802	11,259	10,877
Net investment income									10,190	9,713	9,476
Net realized investment gains (losses)									(7,368)	4,578	4,138
Corporate
Segment Reporting Information [Line Items]
Revenues									(3,115)	15,326	5,946
Depreciation and amortization									153	162	385
Equity in earnings of affiliates, net									0	0	0
Income (loss) before income taxes									(72,464)	(233,941)	(161,365)
Assets	431,222				429,128				431,222	429,128	453,410
Investments in equity method affiliates	0				0				0	0	0
Capital expenditures									0	0	0
Eliminations
Segment Reporting Information [Line Items]
Revenues									(1,164)	(1,139)	(69)
Depreciation and amortization									0	0	0
Equity in earnings of affiliates, net									0	0	0
Income (loss) before income taxes									0	0	0
Assets	(14,513)				(118,247)				(14,513)	(118,247)	(78,297)
Investments in equity method affiliates	$ 0				$ 0				0	0	0
Capital expenditures									$ 0	$ 0	$ 0

Segment Financial Information_4

Segment Financial Information (Schedule of Total Revenues From External Customers And Long-Lived Assets) (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers	$ 1,417,113	$ 1,542,186	$ 1,491,157	$ 1,297,388	$ 1,481,323	$ 1,519,568	$ 1,454,429	$ 1,317,043	$ 5,747,844	$ 5,772,363	$ 5,575,846
Domestic
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									5,453,959	5,477,010	5,266,571
Long-lived assets	1,059,667				1,033,205				1,059,667	1,033,205	1,041,763
Foreign
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									298,059	281,090	303,352
Long-lived assets	61,615				59,960				61,615	59,960	40,161
Title Insurance and Services | Domestic
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									4,984,617	5,011,990	4,830,727
Long-lived assets	994,023				975,443				994,023	975,443	986,718
Title Insurance and Services | Foreign
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									298,059	281,090	303,352
Long-lived assets	61,615				59,960				61,615	59,960	40,161
Specialty Insurance | Domestic
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									469,342	465,020	435,844
Long-lived assets	65,644				57,762				65,644	57,762	55,045
Specialty Insurance | Foreign
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									0	0	0
Long-lived assets	$ 0				$ 0				$ 0	$ 0	$ 0

Quarterly Financial Data (Detai

Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2017		Sep. 30, 2017		Jun. 30, 2017		Mar. 31, 2017		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 1,417,113		$ 1,542,186		$ 1,491,157		$ 1,297,388		$ 1,481,323		$ 1,519,568		$ 1,454,429		$ 1,317,043		$ 5,747,844	$ 5,772,363	$ 5,575,846
Income before income taxes	118,918		195,587		201,968		93,065		159,335		17,962		184,154		83,880		609,538	445,331	477,581
Net income	93,174		151,461		155,091		76,172		220,713		21,186		121,895		58,069		475,898	421,863	343,476
Net (loss) income attributable to noncontrolling interests	1,525		(19)		(49)		(55)		(414)		(197)		(362)		(213)		1,402	(1,186)	483
Net income attributable to the Company	$ 91,649		$ 151,480		$ 155,140		$ 76,227		$ 221,127		$ 21,383		$ 122,257		$ 58,282		$ 474,496	$ 423,049	$ 342,993
Basic	$ 0.81	[1]	$ 1.34	[1]	$ 1.38	[1]	$ 0.68	[1]	$ 1.98	[1]	$ 0.19	[1]	$ 1.10	[1]	$ 0.52	[1]	$ 4.21	$ 3.79	$ 3.10
Diluted	$ 0.81	[1]	$ 1.34	[1]	$ 1.37	[1]	$ 0.67	[1]	$ 1.96	[1]	$ 0.19	[1]	$ 1.09	[1]	$ 0.52	[1]	$ 4.19	$ 3.76	$ 3.09
[1]	Net income per share attributable to the Company’s stockholders for the four quarters of each fiscal year may not sum to the total for the fiscal year because of the different number of shares outstanding during each period.

Schedule I - Summary Of Investm

Schedule I - Summary Of Investments - Other Than Investments In Related Parties (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	$ 6,277,676
Market value	6,224,858
Amount at which shown in the balance sheet	6,225,520
Deposits with Banks
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	36,209
Market value	35,979
Amount at which shown in the balance sheet	36,209
U.S. Treasury Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	162,904
Market value	162,506
Amount at which shown in the balance sheet	162,506
Municipal Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	1,050,134
Market value	1,045,035
Amount at which shown in the balance sheet	1,045,035
Foreign Government Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	158,885
Market value	157,297
Amount at which shown in the balance sheet	157,297
Governmental Agency Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	319,115
Market value	316,167
Amount at which shown in the balance sheet	316,167
Governmental Agency Mortgage-Backed Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	3,219,585
Market value	3,202,599
Amount at which shown in the balance sheet	3,202,599
U.S. Corporate Debt Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	575,646
Market value	561,260
Amount at which shown in the balance sheet	561,260
Foreign Corporate Debt Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	274,881
Market value	268,947
Amount at which shown in the balance sheet	268,947
Debt Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	5,761,150
Market value	5,713,811
Amount at which shown in the balance sheet	5,713,811
Equity Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	358,352
Market value	353,535
Amount at which shown in the balance sheet	353,535
Notes Receivable, Net
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	13,237
Market value	12,805
Amount at which shown in the balance sheet	13,237
Other Investments
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	108,728
Market value	108,728	[1]
Amount at which shown in the balance sheet	$ 108,728
[1]	As other investments are not publicly traded, estimates of fair value could not be made without incurring excessive costs.

Schedule II - Condensed Balance

Schedule II - Condensed Balance Sheets Parent Company (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents	$ 1,467,129	$ 1,387,226
Income taxes receivable	11,007	38,673
Deferred income taxes	151,257	142,678
Other assets	219,501	214,194
Total assets	10,630,635	9,573,222	$ 8,831,777
Liabilities and Equity
Accounts payable and accrued liabilities	778,688	793,157
Pension costs and other retirement plans	386,264	401,083
Income taxes payable	8,988	4,602
Deferred income taxes	351,718	339,182
Notes and contracts payable	732,019	732,810
Total liabilities	6,885,247	6,090,197
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.00001 par value; Authorized—500 shares; Outstanding—none	0	0
Common stock, $0.00001 par value; Authorized—300,000 shares; Outstanding—111,496 shares and 110,925 shares	1	1
Additional paid-in capital	2,258,290	2,236,351
Retained earnings	1,644,165	1,311,112
Accumulated other comprehensive loss	(160,575)	(67,509)	(230,400)
Total stockholders’ equity	3,741,881	3,479,955
Noncontrolling interests	3,507	3,070
Total equity	3,745,388	3,483,025	3,014,349	$ 2,753,123
Total liabilities and equity	10,630,635	9,573,222
Parent Company
Assets
Cash and cash equivalents	327,306	233,920	$ 221,519	$ 289,791
Dividends receivable	0	54,347
Due from subsidiaries, net	2,529	4,098
Income taxes receivable	11,007	38,673
Investment in subsidiaries	4,592,281	4,360,010
Note receivable from subsidiary	7,500	0
Deferred income taxes	16,636	22,803
Other assets	90,164	97,991
Total assets	5,047,423	4,811,842
Liabilities and Equity
Accounts payable and accrued liabilities	34,578	38,724
Pension costs and other retirement plans	334,390	359,806
Income taxes payable	8,988	4,602
Deferred income taxes	217,097	219,307
Notes and contracts payable	706,982	706,378
Total liabilities	1,302,035	1,328,817
Commitments and contingencies	0	0
Stockholders’ equity:
Preferred stock, $0.00001 par value; Authorized—500 shares; Outstanding—none	0	0
Common stock, $0.00001 par value; Authorized—300,000 shares; Outstanding—111,496 shares and 110,925 shares	1	1
Additional paid-in capital	2,258,290	2,236,351
Retained earnings	1,644,165	1,311,112
Accumulated other comprehensive loss	(160,575)	(67,509)
Total stockholders’ equity	3,741,881	3,479,955
Noncontrolling interests	3,507	3,070
Total equity	3,745,388	3,483,025
Total liabilities and equity	$ 5,047,423	$ 4,811,842

Schedule II - Condensed Balan_2

Schedule II - Condensed Balance Sheets Parent Company (Parenthetical) (Detail) - $ / shares	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Condensed Balance Sheet Statements Captions [Line Items]
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	111,496,000	110,925,000	109,944,000	109,098,000
Parent Company
Condensed Balance Sheet Statements Captions [Line Items]
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	111,496,000	110,925,000

Schedule II - Condensed Stateme

Schedule II - Condensed Statements Of Income Parent Company (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Revenues:
Total revenues	$ 1,417,113	$ 1,542,186	$ 1,491,157	$ 1,297,388	$ 1,481,323	$ 1,519,568	$ 1,454,429	$ 1,317,043	$ 5,747,844	$ 5,772,363	$ 5,575,846
Expenses:
Income taxes									133,640	23,468	134,105
Net income	93,174	151,461	155,091	76,172	220,713	21,186	121,895	58,069	475,898	421,863	343,476
Less: Net income (loss) attributable to noncontrolling interests	1,525	(19)	(49)	(55)	(414)	(197)	(362)	(213)	1,402	(1,186)	483
Net income attributable to the Company	$ 91,649	$ 151,480	$ 155,140	$ 76,227	$ 221,127	$ 21,383	$ 122,257	$ 58,282	474,496	423,049	342,993
Parent Company
Revenues:
Dividends from subsidiaries									394,742	354,350	46,422
Other (losses) income									(2,986)	15,011	5,809
Total revenues									391,756	369,361	52,231
Expenses:
Other expenses									40,415	54,245	44,592
Income before income taxes and equity in undistributed earnings of subsidiaries									351,341	315,116	7,639
Income taxes									77,031	16,606	2,145
Equity in undistributed earnings of subsidiaries									201,588	123,353	337,982
Net income									475,898	421,863	343,476
Less: Net income (loss) attributable to noncontrolling interests									1,402	(1,186)	483
Net income attributable to the Company									$ 474,496	$ 423,049	$ 342,993

Schedule II - Condensed State_2

Schedule II - Condensed Statements Of Comprehensive Income Parent Company (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Condensed Statement Of Income Captions [Line Items]
Net income	$ 93,174	$ 151,461	$ 155,091	$ 76,172	$ 220,713	$ 21,186	$ 121,895	$ 58,069	$ 475,898	$ 421,863	$ 343,476
Other comprehensive income (loss), net of tax:
Unrealized (losses) gains on securities									(38,418)	63,563	(10,359)
Foreign currency translation adjustment									(26,796)	24,744	(6,334)
Pension benefit adjustment									12,680	74,597	25,300
Total other comprehensive (loss) income, net of tax									(52,534)	162,904	8,607
Comprehensive income									423,364	584,767	352,083
Less: Comprehensive income (loss) attributable to noncontrolling interests									1,384	(1,173)	487
Comprehensive income attributable to the Company									421,980	585,940	351,596
Parent Company
Condensed Statement Of Income Captions [Line Items]
Net income									475,898	421,863	343,476
Other comprehensive income (loss), net of tax:
Unrealized (losses) gains on securities									(38,418)	63,563	(10,359)
Foreign currency translation adjustment									(26,796)	24,744	(6,334)
Pension benefit adjustment									12,680	74,597	25,300
Total other comprehensive (loss) income, net of tax									(52,534)	162,904	8,607
Comprehensive income									423,364	584,767	352,083
Less: Comprehensive income (loss) attributable to noncontrolling interests									1,384	(1,173)	487
Comprehensive income attributable to the Company									$ 421,980	$ 585,940	$ 351,596

Schedule II - Condensed State_3

Schedule II - Condensed Statements Of Cash Flows Parent Company (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Cash flows from operating activities:
Cash provided by (used for) operating activities	$ 793,165	$ 632,134	$ 489,416
Cash flows from investing activities:
Net cash effect of acquisitions/dispositions	(79,171)	(82,993)	(106,719)
Net change in other investments	(6,792)	3,763	2,244
Cash used for investing activities	(1,220,624)	(387,168)	(610,148)
Cash flows from financing activities:
Net proceeds from issuance of notes and contracts payable	0	0	160,000
Excess tax benefits from share-based compensation	0	0	3,415
Net (payments) proceeds in connection with share-based compensation plans	(4,105)	2,732	1,104
Purchase of Company shares	(18,801)	0	(454)
Payments of cash dividends	(178,487)	(159,284)	(131,541)
Cash provided by financing activities	514,735	128,024	106,787
Cash and cash equivalents—Beginning of period	1,387,226
Cash and cash equivalents—End of period	1,467,129	1,387,226
Parent Company
Cash flows from operating activities:
Cash provided by (used for) operating activities	381,516	232,347	(26,682)
Cash flows from investing activities:
Net cash effect of acquisitions/dispositions	(67,061)	(21,750)	0
Net payments to subsidiaries	(19,676)	(41,726)	(74,318)
Net change in other investments	0	82	204
Cash used for investing activities	(86,737)	(63,394)	(74,114)
Cash flows from financing activities:
Net proceeds from issuance of notes and contracts payable	0	0	160,000
Excess tax benefits from share-based compensation	0	0	3,415
Net (payments) proceeds in connection with share-based compensation plans	(4,105)	2,732	1,104
Purchase of Company shares	(18,801)	0	(454)
Payments of cash dividends	(178,487)	(159,284)	(131,541)
Cash provided by financing activities	(201,393)	(156,552)	32,524
Net increase (decrease) in cash and cash equivalents	93,386	12,401	(68,272)
Cash and cash equivalents—Beginning of period	233,920	221,519	289,791
Cash and cash equivalents—End of period	$ 327,306	$ 233,920	$ 221,519

Schedule II - Notes to Condense

Schedule II - Notes to Condensed Financial Statements Parent Company (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Parent Company
Condensed Cash Flow Statements, Captions [Line Items]
Cash dividends received from subsidiaries	$ 394.4	$ 87.4	$ 46.4

Schedule III - Balance Sheet Ca

Schedule III - Balance Sheet Captions (Detail) - USD ($) $ in Thousands	Dec. 31, 2018	Dec. 31, 2017
Supplementary Insurance Information By Segment [Line Items]
Deferred policy acquisition costs	$ 32,733	$ 31,552
Claims reserves	1,042,679	1,028,933
Deferred revenues	243,280	240,822
Title Insurance and Services
Supplementary Insurance Information By Segment [Line Items]
Deferred policy acquisition costs	343	300
Claims reserves	957,440	958,818
Deferred revenues	9,339	11,124
Specialty Insurance
Supplementary Insurance Information By Segment [Line Items]
Deferred policy acquisition costs	32,390	31,252
Claims reserves	85,239	70,115
Deferred revenues	$ 233,941	$ 229,698

Schedule III - Income Statement

Schedule III - Income Statement Captions (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		$ 4,792,575	$ 4,822,513	$ 4,702,669
Net investment income	[1]	173,802	173,636	149,187
Loss provision		452,633	450,410	488,601
Amortization of deferred policy acquisition costs (credits)		(1,263)	(908)	(4,179)
Other operating expenses		900,208	1,055,886	955,310
Premiums written		459,098	450,098	426,815
Operating Segments | Title Insurance and Services
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		4,337,857	4,383,043	4,291,316
Net investment income	[1]	174,199	144,095	129,672
Loss provision		173,520	175,322	235,661
Amortization of deferred policy acquisition costs (credits)		(125)	122	0
Other operating expenses		793,364	788,074	764,502
Premiums written		0	0	0
Operating Segments | Specialty Insurance
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		454,718	439,470	411,353
Net investment income	[1]	2,822	14,291	13,614
Loss provision		279,113	275,088	252,940
Amortization of deferred policy acquisition costs (credits)		(1,138)	(1,030)	(4,179)
Other operating expenses		74,025	67,813	62,610
Premiums written		459,098	450,098	426,815
Corporate
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		0	0	0
Net investment income	[1]	(3,115)	15,326	5,946
Loss provision		0	0	0
Amortization of deferred policy acquisition costs (credits)		0	0	0
Other operating expenses		33,879	201,062	128,222
Premiums written		0	0	0
Eliminations
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		0	0	0
Net investment income	[1]	(104)	(76)	(45)
Loss provision		0	0	0
Amortization of deferred policy acquisition costs (credits)		0	0	0
Other operating expenses		(1,060)	(1,063)	(24)
Premiums written		$ 0	$ 0	$ 0
[1]	Net investment income includes net investment income and net realized investment gains (losses).

Schedule IV - Reinsurance (Deta

Schedule IV - Reinsurance (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Title Insurance and Services
Reinsurance Premiums For Insurance Companies By Product Segment [Line Items]
Premiums and escrow fees before reinsurance	$ 4,353,130	$ 4,396,882	$ 4,304,868
Ceded to other companies	16,398	15,014	16,277
Assumed from other companies	1,125	1,175	2,725
Premiums and escrow fees	$ 4,337,857	$ 4,383,043	$ 4,291,316
Percentage of amount assumed to premiums and escrow fees	0.00%	0.00%	0.10%
Specialty Insurance
Reinsurance Premiums For Insurance Companies By Product Segment [Line Items]
Premiums and escrow fees before reinsurance	$ 466,245	$ 448,296	$ 419,629
Ceded to other companies	11,527	8,826	8,276
Assumed from other companies	0	0	0
Premiums and escrow fees	$ 454,718	$ 439,470	$ 411,353
Percentage of amount assumed to premiums and escrow fees	0.00%	0.00%	0.00%

Schedule V - Valuation And Qual

Schedule V - Valuation And Qualifying Accounts (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Reserve Deducted From Accounts Receivable
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		$ 23,066	$ 30,185	$ 31,552
Additions Charged to costs and expenses		5,039	5,975	5,208
Additions Charged to other accounts		0	0	0
Deductions from reserve	[1]	5,264	13,094	6,575
Balance at end of period		22,841	23,066	30,185
Reserve For Known And Incurred But Not Reported Claims
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		1,028,933	1,025,863	983,880
Additions Charged to costs and expenses		452,633	450,410	488,601
Additions Charged to other accounts		11,869	24,707	16,381
Deductions from reserve	[2]	450,756	472,047	462,999
Balance at end of period		1,042,679	1,028,933	1,025,863
Reserve Deducted From Notes Receivable
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		510	2,113	2,275
Additions Charged to costs and expenses		167	38	162
Additions Charged to other accounts		0	0	0
Deductions from reserve		334	1,641	324
Balance at end of period		343	510	2,113
Reserve Deducted From Deferred Income Taxes
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		10,333	8,049	6,729
Additions Charged to costs and expenses		288	2,284	1,516
Additions Charged to other accounts		0	0	0
Deductions from reserve		0	0	196
Balance at end of period		$ 10,621	$ 10,333	$ 8,049
[1]	Amount represents accounts written off, net of recoveries.
[2]	Amount represents claim payments, net of recoveries.