First American Financial (FAF) 10-K 18 Feb 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Feb. 12, 2020	Jun. 30, 2019
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Entity Registrant Name	First American Financial Corp
Trading Symbol	FAF
Entity Central Index Key	0001472787
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Interactive Data Current	Yes
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Well-known Seasoned Issuer	Yes
Entity Public Float			$ 5,843,780,151
Entity Common Stock, Shares Outstanding		112,505,747
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Title of 12(b) Security	Common stock, $0.00001 par value
Security Exchange Name	NYSE
Entity File Number	001-34580
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	26-1911571
Entity Address, Address Line One	1 First American Way
Entity Address, City or Town	Santa Ana
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	92707-5913
City Area Code	714
Local Phone Number	250-3000
Document Annual Report	true
Document Transition Report	false
Documents Incorporated by Reference [Text Block]	Portions of the registrant’s definitive proxy statement with respect to the 2020 annual meeting of the stockholders are incorporated by reference in Part III of this report.  The definitive proxy statement or an amendment to this Form 10-K will be filed no later than 120 days after the close of registrant’s fiscal year.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and cash equivalents	$ 1,485,959	$ 1,467,129
Accounts and accrued income receivable, less allowances of $21,984 and $22,841	324,385	325,686
Income taxes receivable	10,967	11,007
Investments:
Deposits with banks	44,422	36,209
Debt securities, includes pledged securities of $91,636 and $110,975	5,913,636	5,713,811
Equity securities	392,318	353,535
Other investments	239,067	121,965
Investments, Total	6,589,443	6,225,520
Secured financings receivable	287,459	76,311
Property and equipment, net	442,014	457,840
Operating lease assets	291,385	0
Title plants and other indexes	579,674	577,467
Deferred income taxes	18,283	16,636
Goodwill	1,150,908	1,144,166
Other intangible assets, net	91,833	109,372
Other assets	246,857	219,501
Total assets	11,519,167	10,630,635
LIABILITIES AND EQUITY
Deposits	3,337,431	3,786,183
Accounts payable and accrued liabilities:
Accounts payable	58,576	47,079
Personnel costs	218,415	199,711
Pension costs and other retirement plans	439,390	386,264
Other	103,975	145,634
Accounts payable and accrued liabilities	820,356	778,688
Deferred revenue	252,331	243,280
Reserve for known and incurred but not reported claims	1,063,044	1,042,679
Income taxes payable	25,475	8,988
Deferred income taxes	266,108	217,097
Operating lease liabilities	322,776	0
Secured financings payable	278,412	76,313
Notes and contracts payable	728,232	732,019
Total liabilities	7,094,165	6,885,247
Commitments and contingencies (Note 19)	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—112,476 shares and 111,496 shares	1	1
Additional paid-in capital	2,300,926	2,258,290
Retained earnings	2,161,049	1,644,165
Accumulated other comprehensive loss	(41,492)	(160,575)
Total stockholders’ equity	4,420,484	3,741,881
Noncontrolling interests	4,518	3,507
Total equity	4,425,002	3,745,388
Total liabilities and equity	$ 11,519,167	$ 10,630,635

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Statement Of Financial Position [Abstract]
Accounts and accrued income receivable, allowances	$ 21,984	$ 22,841
Pledged securities included in debt securities	$ 91,636	$ 110,975
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	112,476,000	111,496,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Direct premiums and escrow fees	$ 2,659,273	$ 2,507,669	$ 2,461,854
Agent premiums	2,373,140	2,284,906	2,360,659
Information and other	787,831	781,467	776,214
Net investment income	315,413	230,289	162,402
Net realized investment gains (losses)	66,404	(56,487)	11,234
Total revenues	6,202,061	5,747,844	5,772,363
Expenses:
Personnel costs	1,806,005	1,748,949	1,723,539
Premiums retained by agents	1,874,266	1,799,836	1,863,356
Other operating expenses	923,298	900,208	1,055,886
Provision for policy losses and other claims	446,040	452,633	450,410
Depreciation and amortization	129,021	125,927	128,053
Premium taxes	70,612	69,775	69,801
Interest	47,801	40,978	35,987
Total expenses	5,297,043	5,138,306	5,327,032
Income before income taxes	905,018	609,538	445,331
Income taxes	195,170	133,640	23,468
Net income	709,848	475,898	421,863
Less: Net income (loss) attributable to noncontrolling interests	2,438	1,402	(1,186)
Net income attributable to the Company	$ 707,410	$ 474,496	$ 423,049
Net income per share attributable to the Company’s stockholders:
Basic	$ 6.26	$ 4.21	$ 3.79
Diluted	6.22	4.19	3.76
Cash dividends declared per share	$ 1.68	$ 1.60	$ 1.44
Weighted-average common shares outstanding:
Basic	113,080	112,613	111,668
Diluted	113,655	113,279	112,435

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement Of Income And Comprehensive Income [Abstract]
Net income	$ 224,606	$ 188,167	$ 187,271	$ 109,804	$ 93,174	$ 151,461	$ 155,091	$ 76,172	$ 709,848	$ 475,898	$ 421,863
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on securities									125,283	(38,418)	63,563
Foreign currency translation adjustment									13,960	(26,796)	24,744
Pension benefit adjustment									(20,161)	12,680	74,597
Total other comprehensive income (loss), net of tax									119,082	(52,534)	162,904
Comprehensive income									828,930	423,364	584,767
Less: Comprehensive income (loss) attributable to noncontrolling interests									2,437	1,384	(1,173)
Comprehensive income attributable to the Company									$ 826,493	$ 421,980	$ 585,940

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, 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 (loss)	421,863	$ 0	0	423,049	0	423,049	(1,186)
Dividends on common shares	(159,284)	0	0	(159,284)	0	(159,284)	0
Shares issued in connection with share-based compensation, value	2,732	$ 0	6,226	(3,494)	0	2,732	0
Shares issued in connection with share-based compensation, shares		981
Share-based compensation	37,399	$ 0	37,399	0	0	37,399	0
Net activity related to noncontrolling interests	(957)	0	970	0	0	970	(1,927)
Other	4,019	0	0	4,019	0	4,019	0
Other comprehensive income (loss)	162,904	0	0	0	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	(40,550)				(40,550)
Cumulative effect adjustment | Accounting Standards Update 2016-01	0	$ 0	0	40,550	(40,550)	0	0
Net income (loss)	475,898	0	0	474,496	0	474,496	1,402
Dividends on common shares	(178,487)	0	0	(178,487)	0	(178,487)	0
Purchase of Company shares	(18,801)	$ 0	(18,801)	0	0	(18,801)	0
Purchase of Company shares, shares		(425)
Shares issued in connection with share-based compensation, value	(4,105)	$ 0	(599)	(3,506)	0	(4,105)	0
Shares issued in connection with share-based compensation, shares		996
Share-based compensation	41,145	$ 0	41,145	0	0	41,145	0
Net activity related to noncontrolling interests	(753)	0	194	0	0	194	(947)
Other comprehensive income (loss)	(52,534)	0	0	0	(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	111,496
Cumulative effect adjustment | Accounting Standards Update 2016-02	$ 1,283	$ 0	0	1,283	0	1,283	0
Net income (loss)	709,848	0	0	707,410	0	707,410	2,438
Dividends on common shares	(188,440)	0	0	(188,440)	0	(188,440)	0
Purchase of Company shares	(2,066)	$ 0	(2,066)	0	0	(2,066)	0
Purchase of Company shares, shares		(47)
Shares issued in connection with share-based compensation, value	(1,187)	$ 0	2,182	(3,369)	0	(1,187)	0
Shares issued in connection with share-based compensation, shares		1,027
Share-based compensation	42,474	$ 0	42,474	0	0	42,474	0
Net activity related to noncontrolling interests	(1,380)	0	46	0	0	46	(1,426)
Other comprehensive income (loss)	119,082	0	0	0	119,083	119,083	(1)
Balance, Value at Dec. 31, 2019	$ 4,425,002	$ 1	$ 2,300,926	$ 2,161,049	$ (41,492)	$ 4,420,484	$ 4,518
Balance, Shares at Dec. 31, 2019	112,476	112,476

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 709,848	$ 475,898	$ 421,863
Adjustments to reconcile net income to cash provided by operating activities:
Provision for policy losses and other claims	446,040	452,633	450,410
Depreciation and amortization	129,021	125,927	128,053
Amortization of premiums and accretion of discounts on debt securities, net	26,781	26,994	31,211
Net realized investment (gains) losses	(66,404)	56,487	(11,234)
Share-based compensation	42,474	41,145	37,399
Equity in earnings of affiliates, net	(2,836)	(2,717)	(3,785)
Dividends from equity method investments	5,628	4,909	11,083
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions:
Claims paid, including assets acquired, net of recoveries	(415,321)	(450,756)	(472,047)
Net change in income tax accounts	16,399	42,079	(102,819)
(Increase) decrease in accounts and accrued income receivable	(27,240)	5,264	12,426
Increase in accounts payable and accrued liabilities	45,549	15,303	127,683
Increase in deferred revenue	10,343	2,741	10,238
Other, net	(7,193)	(2,742)	(8,347)
Cash provided by operating activities	913,089	793,165	632,134
CASH FLOWS FROM INVESTING ACTIVITIES:
Net cash effect of acquisitions/dispositions	(19,674)	(79,171)	(82,993)
Net (increase) decrease in deposits with banks	(8,307)	3,361	(18,319)
Purchases of debt and equity securities	(2,340,836)	(3,157,893)	(1,970,597)
Proceeds from sales of debt and equity securities	1,331,192	1,501,402	1,163,765
Proceeds from maturities of debt securities	1,006,755	640,558	641,442
Investments in unconsolidated entities	(101,000)	(1,210)	(150)
Net change in other investments	(3,842)	(5,582)	3,913
Advances under secured financing agreements	(8,001,099)	(2,380,878)	0
Collections of secured financings receivable	7,789,951	2,374,329	0
Capital expenditures	(106,979)	(118,170)	(134,206)
Proceeds from sales of property and equipment	647	2,630	9,977
Proceeds from insurance settlement	960	0	0
Cash used for investing activities	(452,232)	(1,220,624)	(387,168)
CASH FLOWS FROM FINANCING ACTIVITIES:
Net change in deposits	(448,752)	715,617	291,088
Borrowings under secured financing agreements	7,991,617	2,380,976	0
Repayments of secured financings payable	(7,789,518)	(2,374,426)	0
Borrowings under unsecured credit agreement	160,000	0	0
Repayments of notes and contracts payable	(165,569)	(5,294)	(5,543)
Net activity related to noncontrolling interests	(1,154)	(745)	(969)
Net (payments) proceeds in connection with share-based compensation	(1,187)	(4,105)	2,732
Purchase of Company shares	(2,066)	(18,801)	0
Payments of cash dividends	(188,440)	(178,487)	(159,284)
Cash (used for) provided by financing activities	(445,069)	514,735	128,024
Effect of exchange rate changes on cash	3,042	(7,373)	8,098
Net increase in cash and cash equivalents	18,830	79,903	381,088
Cash and cash equivalents—Beginning of year	1,467,129	1,387,226	1,006,138
Cash and cash equivalents—End of year	1,485,959	1,467,129	1,387,226
SUPPLEMENTAL INFORMATION:
Interest	46,266	39,183	33,680
Premium taxes	68,276	68,526	66,785
Income taxes, less refunds of $1,604, $7,255 and $52,153	$ 178,743	$ 91,745	$ 126,208

Consolidated Statements of Ca_2

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statement Of Cash Flows [Abstract]
Income taxes, refunds	$ 1,604	$ 7,255	$ 52,153

Basis of Presentation and Signi

Basis of Presentation and Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
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 data and records; 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 59% 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 up or down 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. 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 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, 2019 and 2018, the fair values of such investments totaled $91.6 million and $111.0 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, 201 9 , 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, 2019, 2018 and 2017. It is possible that the Company could recognize additional other-than-temporary impairment losses on securities it owns at December 31, 2019 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 preferred stocks of corporate entities. Changes in the fair values of the Company’s equity securities are recognized in net realized investment gains/losses on the consolidated statements of income. 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 values of these investments are 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 up or down 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. 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 2 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 2 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 primarily related to impairments of internally developed software of $6.0 million for the year ended December 31, 2019. Impairment losses on property and equipment were not material for the years ended December 31, 2018 and 2017. Leases The Company is, generally, a lessee in leases of commercial real estate, including office buildings and office space, and also certain equipment. Most of the Company’s leases of commercial real estate include one or more options to renew, with renewal terms that can extend the lease term from one to five years, and some leases include options to terminate the lease within the first year. On January 1, 2019, the Company adopted updated accounting guidance which requires lessees in leasing arrangements to recognize a lease asset and a liability to make lease payments on the balance sheet. In connection with its lease commitments the Company recognizes a lease liability equal to the present value of future lease payments discounted using its incremental borrowing rate and recognizes a lease asset equal to the lease liability, adjusted for any prepaid or accrued lease payments, lease incentives and initial direct costs. As most of the Company’s leases do not provide an implicit discount rate, the Company applies its incremental borrowing rate, which is based on the information available as of the commencement date, in determining the present value of its lease payments. The Company has elected the practical expedient for its leases of commercial real estate whereby it does not separately account for nonlease components (e.g., common-area maintenance costs) from the associated lease components (e.g., fixed payments including rent, real estate taxes and insurance costs) and instead accounts for both components as a single lease component for purposes of recognizing lease assets and liabilities. Variable lease costs, which include any variable lease and nonlease components and rents that vary based on changes to an index or rate, are expensed as incurred. The Company has also elected the practical expedient which allows for leases with an initial term of 12 months or less to be excluded from recognition on the balance sheet and for which lease expense is recognized on a straight-line basis over the lease term. Management recognizes an impairment loss when the carrying amount of a lease asset is not recoverable and exceeds its fair value. The carrying amount is considered not recoverable if it exceeds the sum of the undiscounted future cash flows that are directly associated with, and that are expected to arise as a result of, the use and eventual disposition of the lease asset. An impairment loss is measured as the amount by which the carrying amount of a lease asset exceeds its fair value. Impairment losses related to the Company’s commercial real estate may occur if the Company ceased using all, or a portion of, a leased property while a contractual obligation remains. Impairment losses related to commercial real estate leases were $7.5 million for 2019. Prior to 2019, operating lease commitments were not recognized as assets on the balance sheet. For further information on the Company’s leasing arrangements see Note 5 Leases. Title plants and other indexes Title plants and other indexes included title plants of $530.5 million and $530.4 million and capitalized real estate data of $49.2 million and $47.1 million at December 31, 2019 and 2018, 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. Management uses estimated future cash flows (undiscounted and excluding interest) to measure the recoverability of title plants 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. 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. 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 for 2019, 2018 and 2017. The results of the Company’s qualitative assessments for its title insurance and home warranty reporting units 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. Based on the results of its quantitative impairment tests, 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. As a result of the Company’s annual goodwill impairment assessments, the Company did not record any goodwill impairment losses for 2019, 2018 or 2017. 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 mater

Statutory Restrictions On Inves

Statutory Restrictions On Investments And Stockholders' Equity	12 Months Ended
	Dec. 31, 2019
Insurance [Abstract]
Statutory Restrictions on Investments and Stockholders’ Equity	NOTE 2. Statutory Restrictions on Investments and Stockholders’ Equity: Investments totaling $111.5 million and $129.2 million were on deposit with state treasurers in accordance with statutory requirements for the protection of policyholders at December 31, 2019 and 2018, 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, 2019, under such regulations, the maximum amount available to the Company from its insurance subsidiaries in 2020, without prior approval from applicable regulators, was dividends of $508.9 million and loans and advances of $110.3 million. The Company’s principal title insurance subsidiary, First American Title Insurance Company (“FATICO”), maintained total statutory capital and surplus of $1.5 billion and $1.2 billion as of December 31, 2019 and 2018, respectively. Statutory net income for the years ended December 31, 2019, 2018 and 2017 was $473.6 million, $258.4 million and $306.5 million, respectively. FATICO was in compliance with the minimum statutory capital and surplus requirements as of December 31, 2019. 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 $235.5 million and $209.0 million at December 31, 2019 and 2018, 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 equipment, capitalized software, and premiums and other receivables 90 days past due), reporting of bonds at amortized cost, the lack of recognition of right-of-use asset s and lease liabilit ies on the balance sheet for lease commitments in which the Company is a lessee , changes in the fair values of equity securities, 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 .

Debt and Equity Securities

Debt and Equity Securities	12 Months Ended
	Dec. 31, 2019
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, 2019 U.S. Treasury bonds $ 143,825 $ 469 $ (353 ) $ 143,941 Municipal bonds 1,043,252 47,804 (217 ) 1,090,839 Foreign government bonds 179,554 1,497 (961 ) 180,090 Governmental agency bonds 316,318 5,820 (219 ) 321,919 Governmental agency mortgage-backed securities 3,241,966 43,599 (7,307 ) 3,278,258 U.S. corporate debt securities 535,878 18,466 (972 ) 553,372 Foreign corporate debt securities 335,962 9,468 (213 ) 345,217 $ 5,796,755 $ 127,123 $ (10,242 ) $ 5,913,636 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 Sales of debt securities resulted in realized gains of $12.1 million, $3.3 million and $5.4 million, realized losses of $6.1 million, $20.3 million and $16.4 million, and proceeds of $1.1 billion, $1.3 billion and $821.0 million for the years ended December 31, 2019, 2018 and 2017, 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, 2019 U.S. Treasury bonds $ 12,507 $ (350 ) $ 3,193 $ (3 ) $ 15,700 $ (353 ) Municipal bonds 29,333 (207 ) 2,827 (10 ) 32,160 (217 ) Foreign government bonds 112,167 (934 ) 11,001 (27 ) 123,168 (961 ) Governmental agency bonds 24,493 (142 ) 14,923 (77 ) 39,416 (219 ) Governmental agency mortgage-backed securities 719,602 (2,785 ) 637,009 (4,522 ) 1,356,611 (7,307 ) U.S. corporate debt securities 42,607 (451 ) 10,216 (521 ) 52,823 (972 ) Foreign corporate debt securities 30,895 (108 ) 12,373 (105 ) 43,268 (213 ) $ 971,604 $ (4,977 ) $ 691,542 $ (5,265 ) $ 1,663,146 $ (10,242 ) 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 ) Based on the Company’s review of its debt securities in an unrealized loss position at December 31, 2019, 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, 2019. Investments in debt securities at December 31, 2019, by contractual maturities, are as follows: (in thousands) Due in one Due after Due after Due after Total U.S. Treasury bonds Amortized cost $ 76,677 $ 61,690 $ 1,025 $ 4,433 $ 143,825 Estimated fair value $ 76,735 $ 62,050 $ 1,070 $ 4,086 $ 143,941 Municipal bonds Amortized cost $ 74,228 $ 153,668 $ 304,195 $ 511,161 $ 1,043,252 Estimated fair value $ 74,595 $ 156,412 $ 319,179 $ 540,653 $ 1,090,839 Foreign government bonds Amortized cost $ 25,682 $ 75,702 $ 63,304 $ 14,866 $ 179,554 Estimated fair value $ 25,634 $ 75,872 $ 63,155 $ 15,429 $ 180,090 Governmental agency bonds Amortized cost $ 9,181 $ 102,604 $ 138,955 $ 65,578 $ 316,318 Estimated fair value $ 9,209 $ 103,441 $ 141,940 $ 67,329 $ 321,919 U.S. corporate debt securities Amortized cost $ 38,783 $ 298,185 $ 164,297 $ 34,613 $ 535,878 Estimated fair value $ 38,864 $ 307,140 $ 170,495 $ 36,873 $ 553,372 Foreign corporate debt securities Amortized cost $ 25,981 $ 201,863 $ 78,656 $ 29,462 $ 335,962 Estimated fair value $ 26,005 $ 205,528 $ 83,018 $ 30,666 $ 345,217 Total debt securities, excluding mortgage-backed securities Amortized cost $ 250,532 $ 893,712 $ 750,432 $ 660,113 $ 2,554,789 Estimated fair value $ 251,042 $ 910,443 $ 778,857 $ 695,036 $ 2,635,378 Total mortgage-backed securities Amortized cost $ 3,241,966 Estimated fair value $ 3,278,258 Total debt securities Amortized cost $ 5,796,755 Estimated fair value $ 5,913,636 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, 2019 Preferred stocks $ 21,849 $ 18,094 Common stocks 328,110 374,224 $ 349,959 $ 392,318 December 31, 2018 Preferred stocks $ 16,892 $ 14,162 Common stocks 341,460 339,373 $ 358,352 $ 353,535 Net gains (realized and unrealized) of $66.7 million and net losses (realized and unrealized) of $38.6 million were recognized for the years ended December 31, 2019 and 2018, respectively, as a result of changes in the fair values of equity securities. Included in net gains during the year ended December 31, 2019 were net unrealized gains of $52.3 million and 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, 2019 and 2018, respectively. For the year ended December 31, 2017, sales of equity securities resulted in realized gains of $30.2 million and realized losses of $2.1 million. The composition of the investment portfolio at December 31, 2019, 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 $ 143,941 100.0 $ — — $ — — $ 143,941 100.0 Municipal bonds 1,045,628 95.9 43,843 4.0 1,368 0.1 1,090,839 100.0 Foreign government bonds 153,718 85.4 23,549 13.0 2,823 1.6 180,090 100.0 Governmental agency bonds 321,919 100.0 — — — — 321,919 100.0 Governmental agency mortgage-backed securities 3,278,258 100.0 — — — — 3,278,258 100.0 U.S. corporate debt securities 244,883 44.2 226,098 40.9 82,391 14.9 553,372 100.0 Foreign corporate debt securities 136,172 39.4 178,779 51.8 30,266 8.8 345,217 100.0 Total debt securities 5,324,519 90.0 472,269 8.0 116,848 2.0 5,913,636 100.0 Preferred stocks 46 0.3 16,865 93.2 1,183 6.5 18,094 100.0 Total $ 5,324,565 89.8 $ 489,134 8.2 $ 118,031 2.0 $ 5,931,730 100.0 Included in debt securities at December 31, 2019, were bank loans totaling $80.7 million, of which $72.1 million were non-investment grade; high yield corporate debt securities totaling $35.3 million, all of which were non-investment grade; and emerging market debt securities totaling $80.2 million, of which $8.1 million were non-investment grade. The composition of the debt securities portfolio in an unrealized loss position at December 31, 2019, 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 $ 15,700 100.0 $ — — $ — — $ 15,700 100.0 Municipal bonds 26,521 82.5 5,639 17.5 — — 32,160 100.0 Foreign government bonds 114,130 92.7 9,038 7.3 — — 123,168 100.0 Governmental agency bonds 39,416 100.0 — — — — 39,416 100.0 Governmental agency mortgage-backed securities 1,356,611 100.0 — — — — 1,356,611 100.0 U.S. corporate debt securities 9,883 18.7 22,264 42.2 20,676 39.1 52,823 100.0 Foreign corporate debt securities 26,994 62.4 8,925 20.6 7,349 17.0 43,268 100.0 Total $ 1,589,255 95.5 $ 45,866 2.8 $ 28,025 1.7 $ 1,663,146 100.0 Debt securities in an unrealized loss position at December 31, 2019, included bank loans totaling $18.1 million, of which $17.5 million were non-investment grade; high yield corporate debt securities totaling $9.3 million, all of which were non-investment grade; and emerging market debt securities totaling $19.9 million, of which $1.2 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, 2019
Property Plant And Equipment [Abstract]
Property and Equipment	NOTE 4. Property and Equipment: Property and equipment consists of the following: December 31, 2019 2018 (in thousands) Land $ 25,302 $ 25,472 Buildings 191,068 188,218 Leasehold improvements 66,471 68,941 Furniture and equipment 222,543 242,415 Capitalized software 718,847 667,667 1,224,231 1,192,713 Accumulated depreciation and amortization (782,217 ) (734,873 ) $ 442,014 $ 457,840

Leases

Leases	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Leases	NOTE 5. Leases: Lease assets and liabilities are summarized as follows: (in thousands) Classification December 31, 2019 Assets Operating lease assets Operating lease assets $ 291,385 Finance lease assets Other assets 4,560 Total lease assets $ 295,945 Liabilities Operating lease liabilities Operating lease liabilities $ 322,776 Finance lease liabilities Notes and contracts payable 4,814 Total lease liabilities $ 327,590 The components of lease expense are summarized as follows: (in thousands) Classification Year Ended Operating lease cost Other operating expenses $ 87,847 Finance lease cost: Amortization of lease assets Depreciation and amortization 1,919 Interest on lease liabilities Interest 191 Variable lease cost Other operating expenses 31,258 Short-term lease cost Other operating expenses 958 Sublease income Information and other (1,637 ) Net lease cost $ 120,536 Future minimum lease payments under operating and finance leases with noncancelable lease terms, as of December 31, 2019, are summarized as follows: (in thousands) Operating Leases Finance Leases Total 2020 $ 86,241 $ 1,680 $ 87,921 2021 73,397 1,369 74,766 2022 61,068 1,272 62,340 2023 46,080 651 46,731 2024 33,271 154 33,425 Thereafter 61,924 — 61,924 Total lease payments 361,981 5,126 367,107 Interest (39,205 ) (312 ) (39,517 ) Present value of lease liabilities $ 322,776 $ 4,814 $ 327,590 Information related to lease terms and discount rates is summarized as follows: December 31, 2019 Weighted-average remaining lease terms (years): Operating leases 5.4 Finance leases 3.5 Weighted-average discount rates: Operating leases 4.16 % Finance leases 3.92 % Cash flow information related to lease liabilities is summarized as follows: (in thousands) Year Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 88,242 Operating cash flows from finance leases $ 191 Financing cash flows from finance leases $ 1,817 Operating lease assets obtained in exchange for new operating lease liabilities $ 54,809 Finance lease assets obtained in exchange for new finance lease liabilities $ 939 Future minimum lease payments under operating leases with noncancelable lease terms, as of December 31, 2018, are as follows: Year in thousands 2019 $ 76,375 2020 68,026 2021 54,853 2022 41,859 2023 28,948 Thereafter 64,732 Total lease payments $ 334,793 Total rental expense for all operating leases was $89.4 million and $91.0 million for the years ended December 31, 2018 and 2017, respectively.

Goodwill

Goodwill	12 Months Ended
	Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Goodwill	NOTE 6. Goodwill: A summary of the changes in the carrying amount of goodwill, by reportable segment, for the years ended December 31, 2019 and 2018, is as follows: Title Specialty Total (in thousands) 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 Acquisitions 4,014 — 4,014 Foreign currency translation 2,728 — 2,728 Balance as of December 31, 2019 $ 1,104,143 $ 46,765 $ 1,150,908

Other Intangible Assets

Other Intangible Assets	12 Months Ended
	Dec. 31, 2019
Goodwill And Intangible Assets Disclosure [Abstract]
Other Intangible Assets	NOTE 7. Other Intangible Assets: Other intangible assets are summarized as follows: December 31, 2019 2018 (in thousands) Finite-lived intangible assets: Customer relationships $ 99,905 $ 114,603 Noncompete agreements 13,150 14,402 Trademarks 10,520 10,753 Internal-use software licenses 21,982 29,394 Patents 2,840 2,840 148,397 171,992 Accumulated amortization (73,449 ) (79,535 ) 74,948 92,457 Indefinite-lived intangible assets: Licenses 16,885 16,915 $ 91,833 $ 109,372 Amortization expense for finite-lived intangible assets was $28.4 million, $30.4 million and $28.1 million for the years ended December 31, 2019, 2018 and 2017, respectively. Estimated amortization expense for finite-lived intangible assets for the next five years is summarized as follows: Year (in thousands) 2020 $ 20,189 2021 $ 12,260 2022 $ 11,262 2023 $ 9,851 2024 $ 7,677

Deposits

Deposits	12 Months Ended
	Dec. 31, 2019
Banking And Thrift [Abstract]
Deposits	NOTE 8. Deposits: Deposit accounts are summarized as follows: December 31, 2019 2018 (in thousands, except Escrow accounts: Interest bearing $ 1,831,083 $ 2,496,805 Non-interest bearing 1,337,774 1,133,825 3,168,857 3,630,630 Business checking and other deposits (1) 168,574 155,553 $ 3,337,431 $ 3,786,183 Weighted-average interest rate: Interest bearing escrow accounts 0.17 % 0.12 % (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, 2019
Insurance Loss Reserves [Abstract]
Reserve for Known and Incurred but Not Reported Claims	NOTE 9. 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, 2019 2018 2017 (in thousands) Balance at beginning of year $ 1,042,679 $ 1,028,933 $ 1,025,863 Provision related to: Current year 436,362 444,969 446,500 Prior years 9,678 7,664 3,910 446,040 452,633 450,410 Payments, net of recoveries, related to: Current year 227,663 242,617 240,468 Prior years 187,658 208,139 231,579 415,321 450,756 472,047 Other (10,354 ) 11,869 24,707 Balance at end of year $ 1,063,044 $ 1,042,679 $ 1,028,933 Current year payments, net of recoveries, include $211.4 million, $228.3 million and $225.6 million for the years ended December 31, 2019, 2018 and 2017, respectively, that relate to the Company’s specialty insurance segment. Prior year payments, net of recoveries, include $41.7 million, $56.7 million and $46.1 million for the years ended December 31, 2019, 2018 and 2017, 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, 2019, 2018 and 2017. Payments on reinsured losses for the Company’s property and casualty insurance business totaled $21.1 million, $15.3 million, and $8.9 million, and recoveries totaled $10.3 million, $20.3 million, and $9.6 million for the years ended December 31, 2019, 2018 and 2017, 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, 2019, 2018 and 2017. 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 2018 rate of 4.0% reflected the ultimate loss rate for policy year 2018 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. A summary of the Company’s loss reserves is as follows: (in thousands, except percentages) December 31, 2019 December 31, 2018 Known title claims $ 83,382 7.8 % $ 80,306 7.7 % IBNR title claims 903,994 85.1 % 877,134 84.1 % Total title claims 987,376 92.9 % 957,440 91.8 % Non-title claims 75,668 7.1 % 85,239 8.2 % Total loss reserves $ 1,063,044 100.0 % $ 1,042,679 100.0 % Specialty Insurance Segment The following reflects information as of December 31, 2019 about incurred and paid claims development, 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, 2010 to 2018, is presented as supplementary information. Incurred claims and allocated claim adjustment expenses, net of reinsurance December 31, 2019 Accident Years ended December 31, Total of IBNR liabilities plus expected development on reported Cumulative number of reported Year 2010* 2011* 2012* 2013* 2014* 2015* 2016* 2017* 2018* 2019 claims claims (in thousands) 2010 $ 140,621 $ 139,966 $ 139,991 $ 139,639 $ 140,128 $ 140,641 $ 140,353 $ 140,308 $ 140,324 $ 140,345 $ — 606 2011 148,395 149,076 149,768 149,486 149,763 149,552 149,488 149,487 149,486 — 641 2012 157,287 158,981 159,918 160,579 160,517 160,911 161,650 161,634 — 692 2013 182,858 184,419 185,244 184,826 184,668 184,777 184,606 27 762 2014 190,985 190,738 191,120 191,025 190,944 191,218 129 789 2015 221,617 225,754 225,977 226,555 226,882 349 867 2016 245,859 249,358 251,506 253,258 975 972 2017 267,392 275,480 278,005 3,101 1,014 2018 264,088 268,931 5,312 1,063 2019 251,259 8,661 1,078 Total $ 2,105,624 * Amounts unaudited Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance Accident Years ended December 31, Year 2010* 2011* 2012* 2013* 2014* 2015* 2016* 2017* 2018* 2019 (in thousands) 2010 $ 113,513 $ 136,770 $ 138,978 $ 139,486 $ 140,136 $ 140,886 $ 140,302 $ 140,304 $ 140,321 $ 140,325 2011 123,116 144,367 146,952 148,984 149,358 149,495 149,485 149,486 149,486 2012 130,623 153,753 157,364 159,181 159,740 160,268 161,304 161,617 2013 151,377 180,277 182,565 183,957 184,473 184,711 184,552 2014 156,536 185,686 188,117 189,525 190,398 190,772 2015 181,445 217,618 223,045 225,041 226,201 2016 205,857 243,111 248,211 250,867 2017 220,218 266,653 270,705 2018 222,966 255,557 2019 207,342 Total $ 2,037,424 All outstanding liabilities before 2010, net of reinsurance — Liabilities for claims and claims adjustment expenses, net of reinsurance $ 68,200 * 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, 2019, is as follows: December 31, 2019 (in thousands) Liability for unpaid claims and claim adjustment expenses, net of reinsurance: Specialty insurance $ 68,200 Reinsurance recoverable on unpaid claims: Specialty insurance 5,991 Unallocated claims adjustment expenses: Specialty insurance 1,477 Insurance lines other than short-duration: Title insurance 987,376 Liability for unpaid claims and claims adjustment expenses $ 1,063,044 Supplementary information about average historical claims duration for the Company’s specialty insurance segment as of December 31, 2019, is as follows: 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 % 14.2 % 1.3 % 0.8 % 0.3 % 0.1 % 0.0 % 0.1 % 0.0 % 0.0 %

Notes and Contracts Payable

Notes and Contracts Payable	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Notes and Contracts Payable	NOTE 10. Notes and Contracts Payable: December 31, 2019 2018 (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 April 30, 2024, current interest rate of 3.30% at December 31, 2019 160,000 — Line of credit borrowings due May 14, 2019, current interest rate of 4.15% at December 31, 2018 — 160,000 Trust deed note due November 1, 2023, collateralized by land and buildings with net book values of $38,402 and $39,283 at December 31, 2019 and 2018, respectively, fixed interest rate of 5.26% 15,724 19,247 Other notes and contracts payable with maturities through 2024, weighted-average interest rate of 4.02% and 4.49% at December 31, 2019 and 2018, respectively 4,918 5,791 730,642 735,038 Unamortized discount – senior unsecured notes (358 ) (462 ) Debt issuance costs – senior unsecured notes (2,052 ) (2,557 ) $ 728,232 $ 732,019 The weighted-average interest rate for the Company’s notes and contracts payable was 4.22% and 4.42% at December 31, 2019 and 2018, respectively. In April 2019, the Company entered into a senior unsecured credit agreement with JPMorgan Chase Bank, N.A. in its capacity as administrative agent and the lenders party thereto. The credit agreement, which is comprised of a $700.0 million revolving credit facility, 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 in an aggregate amount not to exceed $350.0 million. Unless terminated earlier, the credit agreement will terminate on April 30, 2024. The obligations of the Company under the credit agreement are neither secured nor guaranteed. Upon entry into the credit agreement, the Company borrowed $160.0 million and repaid the $160.0 million obligation outstanding under the previous $700.0 million senior unsecured credit agreement, which was terminated at that time. Other proceeds under the credit agreement may be used for general corporate purposes. At December 31, 2019, outstanding borrowings under the facility totaled $160.0 million at an interest rate of 3.30%. At the Company’s election, borrowings of revolving loans 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 credit 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., Standard & Poor’s Rating Services and/or Fitch Ratings Inc. The minimum applicable spread for Alternate Base Rate borrowings is 0.25% and the maximum is 1.00%. The minimum applicable spread for Adjusted LIBOR rate borrowings is 1.25% and the maximum is 2.00%. The rate of interest on any term loans incurred in connection with the expansion option 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, 2019, 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 summarized as follows: Year Annual maturities (in thousands) 2020 $ 5,323 2021 5,205 2022 5,347 2023 254,615 2024 460,152 Thereafter — $ 730,642

Net Investment Income

Net Investment Income	12 Months Ended
	Dec. 31, 2019
Net Investment Income [Abstract]
Net Investment Income	NOTE 11. Net Investment Income: The components of net investment income are summarized as follows: Year ended December 31, 2019 2018 2017 (in thousands) Interest on: Cash, cash equivalents and deposits with banks $ 26,187 $ 21,910 $ 7,321 Debt securities 163,339 138,409 104,458 Other investments 96,812 64,328 22,221 Dividends on equity securities 12,092 12,718 12,925 Deferred compensation plan assets 17,274 (6,399 ) 14,211 Equity in earnings of affiliates, net 2,836 2,717 3,785 Other 612 106 607 Total investment income 319,152 233,789 165,528 Investment expenses (3,739 ) (3,500 ) (3,126 ) Net investment income $ 315,413 $ 230,289 $ 162,402

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income Taxes	NOTE 12. Income Taxes: For the years ended December 31, 2019, 2018 and 2017, domestic and foreign pretax income from continuing operations, before noncontrolling interests, were $857.2 million and $47.8 million, $571.9 million and $37.6 million, and $391.4 million and $53.9 million, respectively. Income taxes are summarized as follows: Year ended December 31, 2019 2018 2017 (in thousands) Current: Federal $ 167,016 $ 101,427 $ 116,400 State 3,514 12,285 9,382 Foreign 8,486 8,990 11,533 179,016 122,702 137,315 Deferred: Federal 11,275 4,381 (104,062 ) State 1,481 299 (10,724 ) Foreign 3,398 6,258 939 16,154 10,938 (113,847 ) $ 195,170 $ 133,640 $ 23,468 The Company’s actual income taxes differ from the amounts computed by applying the federal income tax rate of 21% Year ended December 31, 2019 2018 2017 (in thousands, except percentages) Taxes calculated at federal rate $ 190,054 21.0 % $ 128,003 21.0 % $ 155,866 35.0 % State taxes, net of federal benefit 18,028 2.0 9,941 1.6 (872 ) (0.2 ) Change in liability for tax positions (13,563 ) (1.5 ) 875 0.1 (3,482 ) (0.8 ) Foreign income taxed at different rates 782 0.1 7,287 1.2 (6,163 ) (1.3 ) Tax reform impact — — (6,804 ) (1.1 ) (129,139 ) (29.0 ) Unremitted foreign earnings 2,588 0.3 (146 ) — 14,997 3.3 Other items, net (2,719 ) (0.3 ) (5,516 ) (0.9 ) (7,739 ) (1.7 ) $ 195,170 21.6 % $ 133,640 21.9 % $ 23,468 5.3 % The Company’s effective income tax rates (income tax expense as a percentage of income before income taxes) were 21.6%, 21.9%, and 5.3% for the years ended December 31, 2019, 2018, and 2017, respectively. 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 effective tax rate for the year ended December 31, 2019 reflects the resolution of state tax matters from prior years and the effective tax rates for the years ended December 31, 2018 and 2017 reflected the impact of the 2017 comprehensive tax reform legislation known as the Tax Cuts and Jobs Act. The Company’s effective tax rate for the year ended December 31, 2017 also reflected 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 primary components of temporary differences that give rise to the Company’s net deferred tax liability are as follows: December 31, 2019 2018 (in thousands) Deferred tax assets: Deferred revenue $ 7,982 $ 7,362 Employee benefits 89,986 87,960 Bad debt reserves 5,990 7,421 Loss reserves 934 1,793 Pension 26,383 18,817 Net operating loss carryforward 14,067 13,290 Securities — 11,356 Foreign tax credit 6,724 8,415 Operating lease liabilities 72,119 — Other 2,116 5,464 226,301 161,878 Valuation allowance (9,846 ) (10,621 ) 216,455 151,257 Deferred tax liabilities: Depreciable and amortizable assets 241,799 230,758 Claims and related salvage 104,004 108,497 Investments in affiliates 612 1,957 Securities 39,035 — Operating lease assets 65,121 — Unremitted foreign earnings 13,709 10,506 464,280 351,718 Net deferred tax liability $ 247,825 $ 200,461 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, 2019, 2018 and 2017. The benefits recorded were $3.2 million, $5.2 million and $3.4 million for the years ended December 31, 2019, 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, 2019 and 2018, the Company had a net payable to its prior parent of $0.5 million and $15.6 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 decrease during the current year was primarily the result of the resolution of state tax matters for years prior to the spin-off. At December 31, 2019, the Company had available a $6.5 million foreign tax credit carryover, net of a valuation allowance. The Company expects to utilize this credit within the carryover period. At December 31, 2019, the Company had available net operating loss carryforwards for income tax purposes totaling $80.2 million, consisting of federal, state and foreign losses of $0.2 million, $35.9 million and $44.1 million, respectively. Of the aggregate net operating losses, $31.7 million has an indefinite expiration and the remaining $48.5 million expires at various times beginning in 2020. 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 by the Company to assess the likelihood of realization include its forecast of future taxable income and available tax planning strategies that could be implemented to realize its 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 its deferred tax assets. At December 31, 2019 and 2018, the Company carried a valuation allowance of $9.8 million and $10.6 million, respectively, against its deferred tax assets. Of this amount, $8.8 million and $8.9 million, respectively, related to net operating losses; the remaining $1.0 million and $1.7 million, respectively, related to other deferred tax assets. The decrease in the overall valuation allowance during 2019 was primarily due to the release of valuation allowance previously provided against certain foreign net operating losses and other deferred tax assets. Based on future operating results in certain jurisdictions, it is possible that the current valuation allowance positions of those jurisdictions could be adjusted during the next 12 months. As of December 31, 2019, 2018 and 2017, the liability for income taxes associated with uncertain tax positions was $1.5 million, $13.3 million and $12.8 million, respectively. The net decrease in the liability during 2019 was primarily the result of the resolution of state tax matters from prior years and the net increase in the liability during 2018 was attributable to new uncertain tax positions. The net decrease in the liability during 2017 was primarily attributable to activity related to examinations conducted by various taxing authorities. The liabilities could be reduced by $0.4 million as of December 31, 2019 and $ 3.7 million A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2019, 2018 and 2017 is as follows: December 31, 2019 2018 2017 (in thousands) Unrecognized tax benefits—beginning balance $ 13,300 $ 12,800 $ 18,100 Gross decreases—prior period tax positions (8,600 ) — (1,000 ) Gross increases—current period tax positions 800 500 — Settlements with taxing authorities (4,000 ) — (4,300 ) Unrecognized tax benefits—ending balance $ 1,500 $ 13,300 $ 12,800 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, 2019, 2018 and 2017, the Company had accrued interest and penalties, net of tax benefits, of $26 thousand, $ 5.8 million 5.3 million 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, 2019, 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 2014. It is reasonably possible that the amount of the unrecognized benefit with respect to certain of the Company’s unrecognized tax positions may increase or decrease within the next 12 months. Any such change may be the result of ongoing audits or the expiration of federal and state statutes of limitations for the assessment of taxes. The Company 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, 2019
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 13. Earnings Per Share: The computation of basic and diluted earnings per share is as follows: Year ended December 31, 2019 2018 2017 (in thousands, except per share data) Numerator Net income attributable to the Company $ 707,410 $ 474,496 $ 423,049 Denominator Basic weighted-average common shares 113,080 112,613 111,668 Effect of dilutive employee stock options and RSUs 575 666 767 Diluted weighted-average common shares 113,655 113,279 112,435 Net income per share attributable to the Company’s stockholders Basic $ 6.26 $ 4.21 $ 3.79 Diluted $ 6.22 $ 4.19 $ 3.76 For the years ended December 31, 2019, 2018 and 2017, RSUs excluded from diluted weighted-average common shares outstanding due to their antidilutive effect were not material.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2019
Compensation And Retirement Disclosure [Abstract]
Employee Benefit Plans	NOTE 14. 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 2.0 million shares and 2.2 million shares of the Company’s common stock, representing 1.8% and 1.9% of the Company’s total common shares outstanding at December 31, 2019 and 2018, 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, 2019 and 2018, the value of the assets held in the Rabbi Trust of $103.5 million and $86.5 million, respectively, and the unfunded liabilities of $115.1 million and $94.3 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. 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 summarized as follows: Year ended December 31, 2019 2018 2017 (in thousands) Expense: Savings plan $ 60,416 $ 46,208 $ 34,520 Funded defined benefit pension plans — — 162,368 Unfunded supplemental benefit plans 8,989 9,248 12,705 Other plans, net 23,917 2,794 17,595 $ 93,322 $ 58,250 $ 227,188 During 2017, the Company recognized settlement costs related to the termination of its funded defined benefit pension plans. The following table summarizes the benefit obligations and funded status associated with the Company’s unfunded supplemental benefit plans: December 31, 2019 2018 (in thousands) Change in projected benefit obligation: Benefit obligation at beginning of year $ 236,773 $ 258,528 Service costs 282 519 Interest costs 9,116 8,079 Actuarial losses (gains) 27,034 (16,517 ) Benefits paid (14,412 ) (13,836 ) Projected benefit obligation at end of year 258,793 236,773 Change in plan assets: Contributions 14,412 13,836 Benefits paid (14,412 ) (13,836 ) Fair value of plan assets at end of year — — Reconciliation of funded status: Unfunded status of the plans $ 258,793 $ 236,773 Amounts recognized in the consolidated balance sheet: Accrued benefit liability $ 258,793 $ 236,773 Amounts recognized in accumulated other comprehensive loss: Unrecognized net actuarial loss $ 103,624 $ 80,251 Unrecognized prior service credit (4,180 ) (8,250 ) $ 99,444 $ 72,001 Accumulated benefit obligation at end of year $ 258,793 $ 236,773 Net periodic benefit costs related to the Company’s unfunded supplemental benefit and funded defined benefit pension plans included the following components: Year ended December 31, 2019 2018 2017 (in thousands) Expense: Service costs $ 282 $ 519 $ 734 Interest costs 9,116 8,079 13,261 Expected return on plan assets — — (4,740 ) Amortization of net actuarial loss 3,661 4,828 17,742 Amortization of prior service credit (4,070 ) (4,178 ) (4,312 ) Settlement costs — — 152,388 $ 8,989 $ 9,248 $ 175,073 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 $5.3 million and a credit of $3.1 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, 2019, 2018 and 2017, were as follows: Year ended December 31, 2019 2018 2017 Discount rate for projected benefit obligation 4.32 % 3.61 % 4.03 % Discount rate for service cost 4.55 % 3.78 % 4.32 % Discount rate for interest cost 4.00 % 3.23 % 3.43 % The weighted-average discount rate assumption used to determine the projected benefit obligation for the Company’s unfunded supplemental benefits plans at December 31, 2019 and 2018, was as follows: December 31, 2019 2018 Discount rate 3.27 % 4.32 % 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 $15.5 million to its unfunded supplemental benefit plans during 2020. Benefit payments, which reflect expected future service, as appropriate, are expected to be made as follows: Year (in thousands) 2020 $ 15,459 2021 $ 16,225 2022 $ 16,427 2023 $ 16,650 2024 $ 16,717 Five years thereafter $ 80,264

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 15. 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, 2019 and 2018: (in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Assets: Debt securities: U.S. Treasury bonds $ 143,941 $ — $ 143,941 $ — Municipal bonds 1,090,839 — 1,090,839 — Foreign government bonds 180,090 — 180,090 — Governmental agency bonds 321,919 — 321,919 — Governmental agency mortgage-backed securities 3,278,258 — 3,278,258 — U.S. corporate debt securities 553,372 — 553,372 — Foreign corporate debt securities 345,217 — 345,217 — 5,913,636 — 5,913,636 — Equity securities: Preferred stocks 18,094 18,094 — — Common stocks 374,224 374,224 — — 392,318 392,318 — — Total assets $ 6,305,954 $ 392,318 $ 5,913,636 $ — (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 $ — There were no transfers between Levels 1, 2 and 3 during the years ended December 31, 2019 and 2018. 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. 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 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 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, 2019 and 2018: Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2019 Assets: Cash and cash equivalents $ 1,485,959 $ 1,485,959 $ 1,485,959 $ — $ — Deposits with banks $ 44,422 $ 44,339 $ 4,074 $ 40,265 $ — Notes receivable, net $ 18,970 $ 19,422 $ — $ — $ 19,422 Secured financings receivable $ 287,459 $ 287,459 $ — $ 287,459 $ — Liabilities: Secured financings payable $ 278,412 $ 278,412 $ — $ 278,412 $ — Notes and contracts payable $ 728,232 $ 761,224 $ — $ 756,306 $ 4,918 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

Share-Based Compensation Plans

Share-Based Compensation Plans	12 Months Ended
	Dec. 31, 2019
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Share-Based Compensation Plans	NOTE 16. 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, 2019, 1.8 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 391,000, 363,000 and 390,000 shares issued in connection with this plan for the years ended December 31, 2019, 2018 and 2017, respectively. At December 31, 2019, there were 1.6 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, 2019 2018 2017 (in thousands) Expense: RSUs $ 38,445 $ 37,597 $ 34,059 Stock options — — 263 Employee stock purchase plan 4,029 3,548 3,077 $ 42,474 $ 41,145 $ 37,399 The following table summarizes RSU activity for the year ended December 31, 2019: (in thousands, except weighted-average grant-date fair value) Shares Weighted-average Unvested at December 31, 2018 1,248 $ 44.53 Granted during 2019 800 51.46 Vested during 2019 (870 ) 44.54 Forfeited during 2019 (26 ) 48.02 Unvested at December 31, 2019 1,152 $ 49.25 As of December 31, 2019, there was $26.9 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 $51.46, $54.80 and $39.56 for the years ended December 31, 2019, 2018 and 2017, respectively. The total fair value of shares distributed for the years ended December 31, 2019, 2018 and 2017 was $50.5 million, $54.5 million and $34.6 million, respectively. At December 31, 2019, 0.9 million shares were vested but not distributed. During the year ended December 31, 2019, all remaining stock options outstanding were exercised at a weighted-average exercise price of $27.66 with cash proceeds of $0.8 million.

Stockholders' Equity

Stockholders' Equity	12 Months Ended
	Dec. 31, 2019
Equity [Abstract]
Stockholders' Equity	NOTE 17. Stockholders’ Equity: The Company maintains a stock repurchase plan with authorization up to $250.0 million, of which $161.6 million remained as of December 31, 2019. 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, 2019, the Company repurchased and retired 47 thousand shares of its common stock for a total purchase price of $2.1 million and as of December 31, 2019, had repurchased and retired 3.6 million shares of its common stock under the current authorization for a total purchase price of $88.4 million.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss) ("AOCI")	12 Months Ended
	Dec. 31, 2019
Accumulated Other Comprehensive Income Other Comprehensive Income [Abstract]
Accumulated Other Comprehensive Income (Loss) ("AOCI")	NOTE 18. 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, 2019, 2018 and 2017: First American Financial Corporation NCI (in thousands) Unrealized Foreign Pension Accumulated Accumulated Balance Balance at December 31, 2016 $ (26,767 ) $ (63,576 ) $ (140,057 ) $ (230,400 ) $ 7 $ (230,393 ) Change in unrealized gains (losses) on debt and equity securities 86,821 — — 86,821 13 86,834 Change in foreign currency translation adjustment — 24,744 — 24,744 — 24,744 Net actuarial loss — — (20,407 ) (20,407 ) — (20,407 ) Amortization of net actuarial loss — — 17,742 17,742 — 17,742 Amortization of prior service credit — — (4,312 ) (4,312 ) — (4,312 ) Settlement costs — — 152,388 152,388 — 152,388 Tax effect (23,271 ) — (70,814 ) (94,085 ) — (94,085 ) Balance at December 31, 2017 36,783 (38,832 ) (65,460 ) (67,509 ) 20 (67,489 ) Cumulative-effect adjustment, net of taxes (40,550 ) — — (40,550 ) — (40,550 ) Change in unrealized gains (losses) on debt securities (49,643 ) — — (49,643 ) (18 ) (49,661 ) Change in foreign currency translation adjustment — (28,145 ) — (28,145 ) — (28,145 ) Net actuarial gain — — 16,517 16,517 — 16,517 Amortization of net actuarial loss — — 4,828 4,828 — 4,828 Amortization of prior service credit — — (4,178 ) (4,178 ) — (4,178 ) Tax effect 11,243 1,349 (4,487 ) 8,105 — 8,105 Balance at December 31, 2018 (42,167 ) (65,628 ) (52,780 ) (160,575 ) 2 (160,573 ) Change in unrealized gains (losses) on debt securities 164,221 — — 164,221 (1 ) 164,220 Change in foreign currency translation adjustment — 14,575 — 14,575 — 14,575 Net actuarial loss — — (27,034 ) (27,034 ) — (27,034 ) Amortization of net actuarial loss — — 3,661 3,661 — 3,661 Amortization of prior service credit — — (4,070 ) (4,070 ) — (4,070 ) Tax effect (38,937 ) (615 ) 7,282 (32,270 ) — (32,270 ) Balance at December 31, 2019 $ 83,117 $ (51,668 ) $ (72,941 ) $ (41,492 ) $ 1 $ (41,491 ) The following table presents the other comprehensive income (loss) reclassification adjustments for the years ended December 31, 2019, 2018 and 2017: Unrealized Foreign Pension Total (in thousands) Year ended December 31, 2019 Pretax change before reclassifications $ 167,992 $ 14,575 $ (27,034 ) $ 155,533 Reclassifications out of AOCI (3,772 ) — (409 ) (4,181 ) Tax effect (38,937 ) (615 ) 7,282 (32,270 ) Total other comprehensive income (loss), net of tax $ 125,283 $ 13,960 $ (20,161 ) $ 119,082 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 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) 2019 2018 2017 Affected line items Unrealized gains (losses) on securities: Net realized gains (losses) on sales of securities (1) $ $ (14,249 ) $ 14,719 Net realized investment gains (losses) Pretax total $ 3,772 $ (14,249 ) $ 14,719 Tax effect $ (894 ) $ 3,226 $ (5,259 ) Pension benefit adjustment (2): Amortization of net actuarial loss $ (3,661 ) $ (4,828 ) $ (17,742 ) Other operating expenses Amortization of prior service credit 4,070 4,178 4,312 Other operating expenses Settlement costs — — (152,388 ) Other operating expenses Pretax total $ 409 $ (650 ) $ (165,818 ) Tax effect $ (109 ) $ 170 $ 67,322 (1) Net realized gains (losses) for the years ended December 31, 2019 and 2018 related to sales of debt securities and net realized gains for the year ended December 31, 2017 related to sales of debt and equity securities. (2) These components of AOCI are components of net periodic cost. See Note 14 Employee Benefit Plans for additional details.

Litigation and Regulatory Conti

Litigation and Regulatory Contingencies	12 Months Ended
	Dec. 31, 2019
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. It is, however, often not possible to assess the probability of loss. Lawsuits that are putative class actions 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 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, for 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 improperly charged fees for products and services, 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: • Anatao Properties LLC vs. First American Title Insurance Company, filed on November 6, 2019 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. These lawsuits are putative class actions for which a class 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. The Company and/or its subsidiaries are also parties to numerous class action lawsuits as a result of the information security incident that occurred during the second quarter of 2019. All of these lawsuits are putative class actions for which a class 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. 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 include numerous regulatory inquiries and/or investigations as a result of the information security incident that occurred during the second quarter of 2019, including inquiries and/or investigations of the Nebraska Department of Insurance and other state insurance regulators, the Federal Trade Commission and the Securities and Exchange Commission. These also include an inquiry by the New York Attorney General and the Massachusetts Attorney General into competitive practices in the title insurance industry. With respect to matters where the Company has determined that a loss is both probable and reasonably estimable, the Company records 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. During July 2019, the Company received an assessment from the Canadian taxing authority. The amount of the assessment is $14.8 million, which is based on the exchange rate as of, and includes interest charges through, December 31, 2019. 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, 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.

Segment Financial Information

Segment Financial Information	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Segment Financial Information	NOTE 20. 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 data and records; 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 59% 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, 2019, 2018 and 2017, is as follows: Revenues Depreciation Equity in affiliates, net Income (loss) Assets Investments method affiliates Capital (in thousands) 2019 Title Insurance and Services $ 5,675,952 $ 121,643 $ 2,836 $ 912,213 $ 10,349,145 $ 51,928 $ 100,826 Specialty Insurance 505,890 7,225 — 66,576 639,763 — 9,676 Corporate 21,896 153 — (73,771 ) 575,051 — — Eliminations (1,677 ) — — — (44,792 ) — — $ 6,202,061 $ 129,021 $ 2,836 $ 905,018 $ 11,519,167 $ 51,928 $ 110,502 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 Direct premiums and escrow fees Agent premiums Information and other Net investment income Net realized investment gains (losses) Total Revenues 2019 (in thousands) Title Insurance and Services $ 2,188,056 $ 2,373,140 $ 776,124 $ 282,910 $ 55,722 $ 5,675,952 Specialty Insurance 471,217 — 12,742 11,249 10,682 505,890 $ 2,659,273 $ 2,373,140 $ 788,866 $ 294,159 $ 66,404 $ 6,181,842 2018 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 Revenues from external customers allocated between domestic and foreign operations, by segment, for the years ended December 31, 2019, 2018 and 2017, are as follows: Year Ended December 31, 2019 2018 2017 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 5,374,624 $ 300,685 $ 4,984,617 $ 298,059 $ 5,011,990 $ 281,090 Specialty Insurance 505,890 — 469,342 — 465,020 — $ 5,880,514 $ 300,685 $ 5,453,959 $ 298,059 $ 5,477,010 $ 281,090 Long-lived assets allocated between domestic and foreign operations, by segment, as of December 31, 2019, 2018 and 2017, are as follows: December 31, 2019 2018 2017 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 982,397 $ 65,625 $ 994,023 $ 61,615 $ 975,443 $ 59,960 Specialty Insurance 7,479 — 65,644 — 57,762 — $ 989,876 $ 65,625 $ 1,059,667 $ 61,615 $ 1,033,205 $ 59,960

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2019
Subsequent Events [Abstract]
Subsequent Events	NOTE 21. Subsequent Events: On February 13, 2020, the Company announced the signing of a definitive agreement to acquire a company that provides document, eClose and fulfillment technology for the mortgage industry for a purchase price of $350 million. The transaction is expected to close by March 31, 2020, subject to certain customary closing conditions, including certain regulatory reviews. The Company expects to fund the acquisition with operating cash.

Quarterly Financial Data

Quarterly Financial Data	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	QUARTERLY FINANCIAL DATA (Unaudited) Quarter Ended March 31 June 30 September 30 December 31 (in thousands, except per share amounts) 2019 Revenues $ 1,303,581 $ 1,498,620 $ 1,671,196 $ 1,728,664 Income before income taxes $ 141,670 $ 229,497 $ 245,338 $ 288,513 Net income $ 109,804 $ 187,271 $ 188,167 $ 224,606 Net income attributable to noncontrolling interests $ 229 $ 616 $ 985 $ 608 Net income attributable to the Company $ 109,575 $ 186,655 $ 187,182 $ 223,998 Net income per share attributable to the Company’s stockholders (1): Basic $ 0.97 $ 1.65 $ 1.65 $ 1.98 Diluted $ 0.97 $ 1.64 $ 1.65 $ 1.97 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 (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, 2019
Summary Of Investments Other Than Investments In Related Parties [Abstract]
Summary of Investments-Other Than Investments in Related Parties	SCHEDULE I 1 OF 1 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES SUMMARY OF INVESTMENTS—OTHER THAN INVESTMENTS IN RELATED PARTIES (in thousands) December 31, 2019 Column A Column B Column C Column D Type of investment Cost Market value Amount at which Deposits with banks: Consolidated $ 44,422 $ 44,339 $ 44,422 Debt securities: U.S. Treasury bonds Consolidated $ 143,825 $ 143,941 $ 143,941 Municipal bonds Consolidated $ 1,043,252 $ 1,090,839 $ 1,090,839 Foreign government bonds Consolidated $ 179,554 $ 180,090 $ 180,090 Governmental agency bonds Consolidated $ 316,318 $ 321,919 $ 321,919 Governmental agency mortgage-backed securities Consolidated $ 3,241,966 $ 3,278,258 $ 3,278,258 U.S. corporate debt securities Consolidated $ 535,878 $ 553,372 $ 553,372 Foreign corporate debt securities Consolidated $ 335,962 $ 345,217 $ 345,217 Total debt securities: Consolidated $ 5,796,755 $ 5,913,636 $ 5,913,636 Equity securities: Consolidated $ 349,959 $ 392,318 $ 392,318 Notes receivable, net: Consolidated $ 18,970 $ 19,422 $ 18,970 Other investments: Consolidated $ 220,097 $ 220,097 (1) $ 220,097 Total investments: Consolidated $ 6,430,203 $ 6,589,812 $ 6,589,443 (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, 2019
Condensed Financial Information Of Parent Company Only Disclosure [Abstract]
Condensed Financial Information of Parent Company Only Disclosure	SCHEDULE II 1 OF 5 FIRST AMERICAN FINANCIAL CORPORATION (Parent Company) CONDENSED BALANCE SHEETS (in thousands, except par values) December 31, 2019 2018 Assets Cash and cash equivalents $ 341,691 $ 327,306 Due from subsidiaries, net 47,798 10,029 Income taxes receivable 10,967 11,007 Investment in subsidiaries 5,215,056 4,592,281 Other investments 77,000 — Deferred income taxes 18,283 16,636 Other assets 109,228 90,164 $ 5,820,023 $ 5,047,423 Liabilities and Equity Accounts payable and other accrued liabilities $ 19,455 $ 34,578 Pension costs and other retirement plans 376,393 334,390 Income taxes payable 25,475 8,988 Deferred income taxes 266,108 217,097 Notes and contracts payable 707,590 706,982 1,395,021 1,302,035 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—112,476 shares and 111,496 shares 1 1 Additional paid-in capital 2,300,926 2,258,290 Retained earnings 2,161,049 1,644,165 Accumulated other comprehensive loss (41,492 ) (160,575 ) Total stockholders’ equity 4,420,484 3,741,881 Noncontrolling interests 4,518 3,507 Total equity 4,425,002 3,745,388 $ 5,820,023 $ 5,047,423 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, 2019 2018 2017 Revenues: Dividends from subsidiaries $ 384,799 $ 394,742 $ 354,350 Other income (losses) 21,660 (2,986 ) 15,011 406,459 391,756 369,361 Expenses: Other expenses 66,984 40,415 54,245 Income before income taxes and equity in undistributed earnings of subsidiaries 339,475 351,341 315,116 Income taxes 73,209 77,031 16,606 Equity in undistributed earnings of subsidiaries 443,582 201,588 123,353 Net income 709,848 475,898 421,863 Less: Net income (loss) attributable to noncontrolling interests 2,438 1,402 (1,186 ) Net income attributable to the Company $ 707,410 $ 474,496 $ 423,049 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, 2019 2018 2017 Net income $ 709,848 $ 475,898 $ 421,863 Other comprehensive income (loss), net of tax: Unrealized gains (losses) on securities 125,283 (38,418 ) 63,563 Foreign currency translation adjustment 13,960 (26,796 ) 24,744 Pension benefit adjustment (20,161 ) 12,680 74,597 Total other comprehensive income (loss), net of tax 119,082 (52,534 ) 162,904 Comprehensive income 828,930 423,364 584,767 Less: Comprehensive income (loss) attributable to noncontrolling interests 2,437 1,384 (1,173 ) Comprehensive income attributable to the Company $ 826,493 $ 421,980 $ 585,940 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, 2019 2018 2017 Cash flows from operating activities: Cash provided by operating activities $ 356,116 $ 381,516 $ 232,347 Cash flows from investing activities: Net cash effect of acquisitions (14,845 ) (67,061 ) (21,750 ) Net payments to subsidiaries (58,193 ) (19,676 ) (41,726 ) Investments in unconsolidated entities (77,000 ) — — Net change in other investments — — 82 Cash used for investing activities (150,038 ) (86,737 ) (63,394 ) Cash flows from financing activities: Borrowings under unsecured credit agreement 160,000 — — Repayments of notes and contracts payable (160,000 ) — — Net (payments) proceeds in connection with share-based (1,187 ) (4,105 ) 2,732 Purchase of Company shares (2,066 ) (18,801 ) — Payments of cash dividends (188,440 ) (178,487 ) (159,284 ) Cash used for financing activities (191,693 ) (201,393 ) (156,552 ) Net increase in cash and cash equivalents 14,385 93,386 12,401 Cash and cash equivalents—Beginning of period 327,306 233,920 221,519 Cash and cash equivalents—End of period $ 341,691 $ 327,306 $ 233,920 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 $384.8 million, $394.4 million and $87.4 million for the years ended December 31, 2019, 2018 and 2017, respectively.

Supplementary Insurance Informa

Supplementary Insurance Information	12 Months Ended
	Dec. 31, 2019
Supplementary Insurance Information [Abstract]
Supplementary Insurance Information	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 2019 Title Insurance and Services $ 187 $ 987,376 $ 7,058 Specialty Insurance 32,927 75,668 245,273 Total $ 33,114 $ 1,063,044 $ 252,331 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 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 2019 Title Insurance and Services $ 4,561,196 $ 338,632 $ 182,450 $ — $ 805,480 $ — Specialty Insurance 471,217 21,931 263,590 (537 ) 80,705 482,056 Corporate — 21,896 — — 38,148 — Eliminations — (642 ) — — (1,035 ) — Total $ 5,032,413 $ 381,817 $ 446,040 $ (537 ) $ 923,298 $ 482,056 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 (1) Includes net investment income and net realized investment gains (losses).

Reinsurance

Reinsurance	12 Months Ended
	Dec. 31, 2019
Supplemental Schedule Of Reinsurance Premiums For Insurance Companies [Abstract]
Reinsurance	SCHEDULE IV 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 2019 $ 4,573,715 $ 13,103 $ 584 $ 4,561,196 0.0 % 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 % Specialty Insurance 2019 $ 482,820 $ 11,603 $ — $ 471,217 0.0 % 2018 $ 466,245 $ 11,527 $ — $ 454,718 0.0 % 2017 $ 448,296 $ 8,826 $ — $ 439,470 0.0 %

Valuation And Qualifying Accoun

Valuation And Qualifying Accounts	12 Months Ended
	Dec. 31, 2019
Valuation And Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	SCHEDULE V 1 OF 3 FIRST AMERICAN FINANCIAL CORPORATION AND SUBSIDIARY COMPANIES VALUATION AND QUALIFYING ACCOUNTS (in thousands) Year Ended December 31, 2019 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 $ 22,841 $ 4,125 $ — $ 4,982 (A) $ 21,984 Reserve for known and incurred but not reported claims: Consolidated $ 1,042,679 $ 446,040 $ (10,354 ) $ 415,321 (B) $ 1,063,044 Reserve deducted from notes receivable: Consolidated $ 343 $ — $ — $ — $ 343 Reserve deducted from deferred income taxes: Consolidated $ 10,621 $ — $ — $ 775 $ 9,846 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, 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 3 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.

Basis of Presentation and Sig_2

Basis of Presentation and Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
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 data and records; 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 59% 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 up or down 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.
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 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, 2019 and 2018, the fair values of such investments totaled $91.6 million and $111.0 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, 201 9 , 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, 2019, 2018 and 2017. It is possible that the Company could recognize additional other-than-temporary impairment losses on securities it owns at December 31, 2019 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 preferred stocks of corporate entities. Changes in the fair values of the Company’s equity securities are recognized in net realized investment gains/losses on the consolidated statements of income.
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 values of these investments are 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 up or down 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.
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 2 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 2 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 primarily related to impairments of internally developed software of $6.0 million for the year ended December 31, 2019. Impairment losses on property and equipment were not material for the years ended December 31, 2018 and 2017.
Leases	Leases The Company is, generally, a lessee in leases of commercial real estate, including office buildings and office space, and also certain equipment. Most of the Company’s leases of commercial real estate include one or more options to renew, with renewal terms that can extend the lease term from one to five years, and some leases include options to terminate the lease within the first year. On January 1, 2019, the Company adopted updated accounting guidance which requires lessees in leasing arrangements to recognize a lease asset and a liability to make lease payments on the balance sheet. In connection with its lease commitments the Company recognizes a lease liability equal to the present value of future lease payments discounted using its incremental borrowing rate and recognizes a lease asset equal to the lease liability, adjusted for any prepaid or accrued lease payments, lease incentives and initial direct costs. As most of the Company’s leases do not provide an implicit discount rate, the Company applies its incremental borrowing rate, which is based on the information available as of the commencement date, in determining the present value of its lease payments. The Company has elected the practical expedient for its leases of commercial real estate whereby it does not separately account for nonlease components (e.g., common-area maintenance costs) from the associated lease components (e.g., fixed payments including rent, real estate taxes and insurance costs) and instead accounts for both components as a single lease component for purposes of recognizing lease assets and liabilities. Variable lease costs, which include any variable lease and nonlease components and rents that vary based on changes to an index or rate, are expensed as incurred. The Company has also elected the practical expedient which allows for leases with an initial term of 12 months or less to be excluded from recognition on the balance sheet and for which lease expense is recognized on a straight-line basis over the lease term. Management recognizes an impairment loss when the carrying amount of a lease asset is not recoverable and exceeds its fair value. The carrying amount is considered not recoverable if it exceeds the sum of the undiscounted future cash flows that are directly associated with, and that are expected to arise as a result of, the use and eventual disposition of the lease asset. An impairment loss is measured as the amount by which the carrying amount of a lease asset exceeds its fair value. Impairment losses related to the Company’s commercial real estate may occur if the Company ceased using all, or a portion of, a leased property while a contractual obligation remains. Impairment losses related to commercial real estate leases were $7.5 million for 2019. Prior to 2019, operating lease commitments were not recognized as assets on the balance sheet. For further information on the Company’s leasing arrangements see Note 5 Leases.
Title Plants and Other Indexes	Title plants and other indexes Title plants and other indexes included title plants of $530.5 million and $530.4 million and capitalized real estate data of $49.2 million and $47.1 million at December 31, 2019 and 2018, 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. Management uses estimated future cash flows (undiscounted and excluding interest) to measure the recoverability of title plants 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.
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. 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 for 2019, 2018 and 2017. The results of the Company’s qualitative assessments for its title insurance and home warranty reporting units 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. Based on the results of its quantitative impairment tests, 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. As a result of the Company’s annual goodwill impairment assessments, the Company did not record any goodwill impairment losses for 2019, 2018 or 2017.
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.
Revenue	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. 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. Premiums on property and casualty insurance policies and home warranty contracts are generally recognized ratably over the 12-month duration of the policy or contract. Information and other revenues are 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. 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 applies the optional exemptions allowed under accounting 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 allowed 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 also applies the practical expedient allowed under accounting 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 applies the practical expedient whereby it recognizes 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 estate transaction where the Company’s right to payment is subject to the closing of the 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, 2019 and 2018. Revenues recognized during the years ended December 31, 2019 and 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 20 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 previously recognized as a component of net periodic benefit cost are recorded as a component of accumulated other comprehensive loss. Plan obligations are measured annually as of December 31. 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, South Korea and Australia. 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’s title insurance business assumes and cedes large title insurance risks through reinsurance and its property and casualty insurance business purchases reinsurance to limit risk associated with large losses from single events. Additionally, the Company has limited reinsurance arrangements related to certain products offered through its international operations. 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, 2019. Payments and recoveries on reinsured losses for the Company’s title insurance business were immaterial during the years ended December 31, 2019, 2018 and 2017. For information related to payments on reinsured losses for the Company’s property and casualty insurance business see Note 9 Reserve for Known and Incurred But Not Reported Claims.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements: In February 2016, the Financial Accounting Standards Board (“FASB”) issued updated guidance that requires the rights and obligations associated with leasing arrangements to be reflected on the balance sheet in order to increase transparency and comparability among organizations. Under the updated guidance, lessees are 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 Company adopted the updated guidance using the modified retrospective transition approach and initially applied the guidance on January 1, 2019. Upon adoption, the Company recognized deferred gains of $1.3 million on previous sale and operating leaseback transactions as a cumulative-effect adjustment to retained earnings. The Company elected to adopt the package of practical expedients allowed under the guidance, which was applied to all leases as of the adoption date. The package of practical expedients included (1) entities could choose not to reassess whether any expired or existing contracts are or contain leases, (2) entities could choose not to reassess the lease classification for any expired or existing leases, and (3) entities could choose not to reassess initial direct costs for any existing leases. For further information on the Company’s leasing arrangements see Leases within this note and Note 5 Leases.
Pending Accounting Pronouncements	Pending Accounting Pronouncements: In December 2019, the FASB issued updated guidance intended to simplify and improve the accounting for income taxes. The updated guidance eliminates certain exceptions and clarifies and amends certain areas of the guidance. The updated guidance is effective for interim and annual reporting periods beginning after December 15, 2020, 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 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. The adoption of this guidance, effective January 1, 2020, did not have a material impact on the Company’s 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. Except for the disclosure requirements, the adoption of this guidance , effective January 1, 2020, did not have a material impact on the Company’s 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. The adoption of this guidance, effective January 1, 2020, did not have a material impact on the Company’s 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. Except for the disclosure requirements, the adoption of this guidance, effective January 1, 2020, did not have a material impact on the Company’s consolidated financial statements.

Debt and Equity Securities (Tab

Debt and Equity Securities (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 U.S. Treasury bonds $ 143,825 $ 469 $ (353 ) $ 143,941 Municipal bonds 1,043,252 47,804 (217 ) 1,090,839 Foreign government bonds 179,554 1,497 (961 ) 180,090 Governmental agency bonds 316,318 5,820 (219 ) 321,919 Governmental agency mortgage-backed securities 3,241,966 43,599 (7,307 ) 3,278,258 U.S. corporate debt securities 535,878 18,466 (972 ) 553,372 Foreign corporate debt securities 335,962 9,468 (213 ) 345,217 $ 5,796,755 $ 127,123 $ (10,242 ) $ 5,913,636 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
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, 2019 U.S. Treasury bonds $ 12,507 $ (350 ) $ 3,193 $ (3 ) $ 15,700 $ (353 ) Municipal bonds 29,333 (207 ) 2,827 (10 ) 32,160 (217 ) Foreign government bonds 112,167 (934 ) 11,001 (27 ) 123,168 (961 ) Governmental agency bonds 24,493 (142 ) 14,923 (77 ) 39,416 (219 ) Governmental agency mortgage-backed securities 719,602 (2,785 ) 637,009 (4,522 ) 1,356,611 (7,307 ) U.S. corporate debt securities 42,607 (451 ) 10,216 (521 ) 52,823 (972 ) Foreign corporate debt securities 30,895 (108 ) 12,373 (105 ) 43,268 (213 ) $ 971,604 $ (4,977 ) $ 691,542 $ (5,265 ) $ 1,663,146 $ (10,242 ) 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 )
Investments in Debt Securities by Contractual Maturity	Investments in debt securities at December 31, 2019, by contractual maturities, are as follows: (in thousands) Due in one Due after Due after Due after Total U.S. Treasury bonds Amortized cost $ 76,677 $ 61,690 $ 1,025 $ 4,433 $ 143,825 Estimated fair value $ 76,735 $ 62,050 $ 1,070 $ 4,086 $ 143,941 Municipal bonds Amortized cost $ 74,228 $ 153,668 $ 304,195 $ 511,161 $ 1,043,252 Estimated fair value $ 74,595 $ 156,412 $ 319,179 $ 540,653 $ 1,090,839 Foreign government bonds Amortized cost $ 25,682 $ 75,702 $ 63,304 $ 14,866 $ 179,554 Estimated fair value $ 25,634 $ 75,872 $ 63,155 $ 15,429 $ 180,090 Governmental agency bonds Amortized cost $ 9,181 $ 102,604 $ 138,955 $ 65,578 $ 316,318 Estimated fair value $ 9,209 $ 103,441 $ 141,940 $ 67,329 $ 321,919 U.S. corporate debt securities Amortized cost $ 38,783 $ 298,185 $ 164,297 $ 34,613 $ 535,878 Estimated fair value $ 38,864 $ 307,140 $ 170,495 $ 36,873 $ 553,372 Foreign corporate debt securities Amortized cost $ 25,981 $ 201,863 $ 78,656 $ 29,462 $ 335,962 Estimated fair value $ 26,005 $ 205,528 $ 83,018 $ 30,666 $ 345,217 Total debt securities, excluding mortgage-backed securities Amortized cost $ 250,532 $ 893,712 $ 750,432 $ 660,113 $ 2,554,789 Estimated fair value $ 251,042 $ 910,443 $ 778,857 $ 695,036 $ 2,635,378 Total mortgage-backed securities Amortized cost $ 3,241,966 Estimated fair value $ 3,278,258 Total debt securities Amortized cost $ 5,796,755 Estimated fair value $ 5,913,636
Investments in Equity Securities	Investments in equity securities are as follows: Cost Estimated (in thousands) December 31, 2019 Preferred stocks $ 21,849 $ 18,094 Common stocks 328,110 374,224 $ 349,959 $ 392,318 December 31, 2018 Preferred stocks $ 16,892 $ 14,162 Common stocks 341,460 339,373 $ 358,352 $ 353,535
Composition of Investment Portfolio by Credit Rating Agencies	The composition of the investment portfolio at December 31, 2019, 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 $ 143,941 100.0 $ — — $ — — $ 143,941 100.0 Municipal bonds 1,045,628 95.9 43,843 4.0 1,368 0.1 1,090,839 100.0 Foreign government bonds 153,718 85.4 23,549 13.0 2,823 1.6 180,090 100.0 Governmental agency bonds 321,919 100.0 — — — — 321,919 100.0 Governmental agency mortgage-backed securities 3,278,258 100.0 — — — — 3,278,258 100.0 U.S. corporate debt securities 244,883 44.2 226,098 40.9 82,391 14.9 553,372 100.0 Foreign corporate debt securities 136,172 39.4 178,779 51.8 30,266 8.8 345,217 100.0 Total debt securities 5,324,519 90.0 472,269 8.0 116,848 2.0 5,913,636 100.0 Preferred stocks 46 0.3 16,865 93.2 1,183 6.5 18,094 100.0 Total $ 5,324,565 89.8 $ 489,134 8.2 $ 118,031 2.0 $ 5,931,730 100.0
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, 2019, 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 $ 15,700 100.0 $ — — $ — — $ 15,700 100.0 Municipal bonds 26,521 82.5 5,639 17.5 — — 32,160 100.0 Foreign government bonds 114,130 92.7 9,038 7.3 — — 123,168 100.0 Governmental agency bonds 39,416 100.0 — — — — 39,416 100.0 Governmental agency mortgage-backed securities 1,356,611 100.0 — — — — 1,356,611 100.0 U.S. corporate debt securities 9,883 18.7 22,264 42.2 20,676 39.1 52,823 100.0 Foreign corporate debt securities 26,994 62.4 8,925 20.6 7,349 17.0 43,268 100.0 Total $ 1,589,255 95.5 $ 45,866 2.8 $ 28,025 1.7 $ 1,663,146 100.0

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property Plant And Equipment [Abstract]
Schedule of Property and Equipment	Property and equipment consists of the following: December 31, 2019 2018 (in thousands) Land $ 25,302 $ 25,472 Buildings 191,068 188,218 Leasehold improvements 66,471 68,941 Furniture and equipment 222,543 242,415 Capitalized software 718,847 667,667 1,224,231 1,192,713 Accumulated depreciation and amortization (782,217 ) (734,873 ) $ 442,014 $ 457,840

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Summary of Lease Assets and Liabilities	Lease assets and liabilities are summarized as follows: (in thousands) Classification December 31, 2019 Assets Operating lease assets Operating lease assets $ 291,385 Finance lease assets Other assets 4,560 Total lease assets $ 295,945 Liabilities Operating lease liabilities Operating lease liabilities $ 322,776 Finance lease liabilities Notes and contracts payable 4,814 Total lease liabilities $ 327,590
Summary of Components of Lease Expense	The components of lease expense are summarized as follows: (in thousands) Classification Year Ended Operating lease cost Other operating expenses $ 87,847 Finance lease cost: Amortization of lease assets Depreciation and amortization 1,919 Interest on lease liabilities Interest 191 Variable lease cost Other operating expenses 31,258 Short-term lease cost Other operating expenses 958 Sublease income Information and other (1,637 ) Net lease cost $ 120,536
Schedule of Future Minimum Lease Payments Under Operating and Finance Lease with Noncancelable Lease Terms	Future minimum lease payments under operating and finance leases with noncancelable lease terms, as of December 31, 2019, are summarized as follows: (in thousands) Operating Leases Finance Leases Total 2020 $ 86,241 $ 1,680 $ 87,921 2021 73,397 1,369 74,766 2022 61,068 1,272 62,340 2023 46,080 651 46,731 2024 33,271 154 33,425 Thereafter 61,924 — 61,924 Total lease payments 361,981 5,126 367,107 Interest (39,205 ) (312 ) (39,517 ) Present value of lease liabilities $ 322,776 $ 4,814 $ 327,590
Schedule of Information Related to Lease Terms and Discount Rate	Information related to lease terms and discount rates is summarized as follows: December 31, 2019 Weighted-average remaining lease terms (years): Operating leases 5.4 Finance leases 3.5 Weighted-average discount rates: Operating leases 4.16 % Finance leases 3.92 %
Schedule of Cash Flow Information Related to Lease Liabilities	Cash flow information related to lease liabilities is summarized as follows: (in thousands) Year Ended Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from operating leases $ 88,242 Operating cash flows from finance leases $ 191 Financing cash flows from finance leases $ 1,817 Operating lease assets obtained in exchange for new operating lease liabilities $ 54,809 Finance lease assets obtained in exchange for new finance lease liabilities $ 939
Summary of Future Minimum Lease Payments Under Operating Leases with Noncancelable Lease Terms	Future minimum lease payments under operating leases with noncancelable lease terms, as of December 31, 2018, are as follows: Year in thousands 2019 $ 76,375 2020 68,026 2021 54,853 2022 41,859 2023 28,948 Thereafter 64,732 Total lease payments $ 334,793

Goodwill (Tables)

Goodwill (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 and 2018, is as follows: Title Specialty Total (in thousands) 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 Acquisitions 4,014 — 4,014 Foreign currency translation 2,728 — 2,728 Balance as of December 31, 2019 $ 1,104,143 $ 46,765 $ 1,150,908

Other Intangible Assets (Tables

Other Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Intangible Assets Gross Excluding Goodwill [Abstract]
Schedule of Other Intangible Assets	Other intangible assets are summarized as follows: December 31, 2019 2018 (in thousands) Finite-lived intangible assets: Customer relationships $ 99,905 $ 114,603 Noncompete agreements 13,150 14,402 Trademarks 10,520 10,753 Internal-use software licenses 21,982 29,394 Patents 2,840 2,840 148,397 171,992 Accumulated amortization (73,449 ) (79,535 ) 74,948 92,457 Indefinite-lived intangible assets: Licenses 16,885 16,915 $ 91,833 $ 109,372
Estimated Amortization Expense for Finite-Lived Intangible Assets	Estimated amortization expense for finite-lived intangible assets for the next five years is summarized as follows: Year (in thousands) 2020 $ 20,189 2021 $ 12,260 2022 $ 11,262 2023 $ 9,851 2024 $ 7,677

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2019
Deposits Liabilities Balance Sheet Reported Amounts [Abstract]
Escrow, Savings and Investment Certificate Accounts	Deposit accounts are summarized as follows: December 31, 2019 2018 (in thousands, except Escrow accounts: Interest bearing $ 1,831,083 $ 2,496,805 Non-interest bearing 1,337,774 1,133,825 3,168,857 3,630,630 Business checking and other deposits (1) 168,574 155,553 $ 3,337,431 $ 3,786,183 Weighted-average interest rate: Interest bearing escrow accounts 0.17 % 0.12 %

Reserve for Known and Incurre_2

Reserve for Known and Incurred but Not Reported Claims (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 2017 (in thousands) Balance at beginning of year $ 1,042,679 $ 1,028,933 $ 1,025,863 Provision related to: Current year 436,362 444,969 446,500 Prior years 9,678 7,664 3,910 446,040 452,633 450,410 Payments, net of recoveries, related to: Current year 227,663 242,617 240,468 Prior years 187,658 208,139 231,579 415,321 450,756 472,047 Other (10,354 ) 11,869 24,707 Balance at end of year $ 1,063,044 $ 1,042,679 $ 1,028,933 A summary of the Company’s loss reserves is as follows: (in thousands, except percentages) December 31, 2019 December 31, 2018 Known title claims $ 83,382 7.8 % $ 80,306 7.7 % IBNR title claims 903,994 85.1 % 877,134 84.1 % Total title claims 987,376 92.9 % 957,440 91.8 % Non-title claims 75,668 7.1 % 85,239 8.2 % Total loss reserves $ 1,063,044 100.0 % $ 1,042,679 100.0 %
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, 2010 to 2018, is presented as supplementary information. Incurred claims and allocated claim adjustment expenses, net of reinsurance December 31, 2019 Accident Years ended December 31, Total of IBNR liabilities plus expected development on reported Cumulative number of reported Year 2010* 2011* 2012* 2013* 2014* 2015* 2016* 2017* 2018* 2019 claims claims (in thousands) 2010 $ 140,621 $ 139,966 $ 139,991 $ 139,639 $ 140,128 $ 140,641 $ 140,353 $ 140,308 $ 140,324 $ 140,345 $ — 606 2011 148,395 149,076 149,768 149,486 149,763 149,552 149,488 149,487 149,486 — 641 2012 157,287 158,981 159,918 160,579 160,517 160,911 161,650 161,634 — 692 2013 182,858 184,419 185,244 184,826 184,668 184,777 184,606 27 762 2014 190,985 190,738 191,120 191,025 190,944 191,218 129 789 2015 221,617 225,754 225,977 226,555 226,882 349 867 2016 245,859 249,358 251,506 253,258 975 972 2017 267,392 275,480 278,005 3,101 1,014 2018 264,088 268,931 5,312 1,063 2019 251,259 8,661 1,078 Total $ 2,105,624 * Amounts unaudited Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance Accident Years ended December 31, Year 2010* 2011* 2012* 2013* 2014* 2015* 2016* 2017* 2018* 2019 (in thousands) 2010 $ 113,513 $ 136,770 $ 138,978 $ 139,486 $ 140,136 $ 140,886 $ 140,302 $ 140,304 $ 140,321 $ 140,325 2011 123,116 144,367 146,952 148,984 149,358 149,495 149,485 149,486 149,486 2012 130,623 153,753 157,364 159,181 159,740 160,268 161,304 161,617 2013 151,377 180,277 182,565 183,957 184,473 184,711 184,552 2014 156,536 185,686 188,117 189,525 190,398 190,772 2015 181,445 217,618 223,045 225,041 226,201 2016 205,857 243,111 248,211 250,867 2017 220,218 266,653 270,705 2018 222,966 255,557 2019 207,342 Total $ 2,037,424 All outstanding liabilities before 2010, net of reinsurance — Liabilities for claims and claims adjustment expenses, net of reinsurance $ 68,200 * 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, 2019, is as follows: December 31, 2019 (in thousands) Liability for unpaid claims and claim adjustment expenses, net of reinsurance: Specialty insurance $ 68,200 Reinsurance recoverable on unpaid claims: Specialty insurance 5,991 Unallocated claims adjustment expenses: Specialty insurance 1,477 Insurance lines other than short-duration: Title insurance 987,376 Liability for unpaid claims and claims adjustment expenses $ 1,063,044
Schedule of Supplementary Information about Average Historical Claims	Supplementary information about average historical claims duration for the Company’s specialty insurance segment as of December 31, 2019, is as follows: 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 % 14.2 % 1.3 % 0.8 % 0.3 % 0.1 % 0.0 % 0.1 % 0.0 % 0.0 %

Notes and Contracts Payable (Ta

Notes and Contracts Payable (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Notes and Contracts Payable	December 31, 2019 2018 (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 April 30, 2024, current interest rate of 3.30% at December 31, 2019 160,000 — Line of credit borrowings due May 14, 2019, current interest rate of 4.15% at December 31, 2018 — 160,000 Trust deed note due November 1, 2023, collateralized by land and buildings with net book values of $38,402 and $39,283 at December 31, 2019 and 2018, respectively, fixed interest rate of 5.26% 15,724 19,247 Other notes and contracts payable with maturities through 2024, weighted-average interest rate of 4.02% and 4.49% at December 31, 2019 and 2018, respectively 4,918 5,791 730,642 735,038 Unamortized discount – senior unsecured notes (358 ) (462 ) Debt issuance costs – senior unsecured notes (2,052 ) (2,557 ) $ 728,232 $ 732,019
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 summarized as follows: Year Annual maturities (in thousands) 2020 $ 5,323 2021 5,205 2022 5,347 2023 254,615 2024 460,152 Thereafter — $ 730,642

Net Investment Income (Tables)

Net Investment Income (Tables)	12 Months Ended
	Dec. 31, 2019
Net Investment Income [Abstract]
Schedule of Net Investment Income	The components of net investment income are summarized as follows: Year ended December 31, 2019 2018 2017 (in thousands) Interest on: Cash, cash equivalents and deposits with banks $ 26,187 $ 21,910 $ 7,321 Debt securities 163,339 138,409 104,458 Other investments 96,812 64,328 22,221 Dividends on equity securities 12,092 12,718 12,925 Deferred compensation plan assets 17,274 (6,399 ) 14,211 Equity in earnings of affiliates, net 2,836 2,717 3,785 Other 612 106 607 Total investment income 319,152 233,789 165,528 Investment expenses (3,739 ) (3,500 ) (3,126 ) Net investment income $ 315,413 $ 230,289 $ 162,402

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Summary of Tax Expenses	Income taxes are summarized as follows: Year ended December 31, 2019 2018 2017 (in thousands) Current: Federal $ 167,016 $ 101,427 $ 116,400 State 3,514 12,285 9,382 Foreign 8,486 8,990 11,533 179,016 122,702 137,315 Deferred: Federal 11,275 4,381 (104,062 ) State 1,481 299 (10,724 ) Foreign 3,398 6,258 939 16,154 10,938 (113,847 ) $ 195,170 $ 133,640 $ 23,468
Schedule of Effective Income Tax Rate Reconciliation	The Company’s actual income taxes differ from the amounts computed by applying the federal income tax rate of 21% Year ended December 31, 2019 2018 2017 (in thousands, except percentages) Taxes calculated at federal rate $ 190,054 21.0 % $ 128,003 21.0 % $ 155,866 35.0 % State taxes, net of federal benefit 18,028 2.0 9,941 1.6 (872 ) (0.2 ) Change in liability for tax positions (13,563 ) (1.5 ) 875 0.1 (3,482 ) (0.8 ) Foreign income taxed at different rates 782 0.1 7,287 1.2 (6,163 ) (1.3 ) Tax reform impact — — (6,804 ) (1.1 ) (129,139 ) (29.0 ) Unremitted foreign earnings 2,588 0.3 (146 ) — 14,997 3.3 Other items, net (2,719 ) (0.3 ) (5,516 ) (0.9 ) (7,739 ) (1.7 ) $ 195,170 21.6 % $ 133,640 21.9 % $ 23,468 5.3 %
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, 2019 2018 (in thousands) Deferred tax assets: Deferred revenue $ 7,982 $ 7,362 Employee benefits 89,986 87,960 Bad debt reserves 5,990 7,421 Loss reserves 934 1,793 Pension 26,383 18,817 Net operating loss carryforward 14,067 13,290 Securities — 11,356 Foreign tax credit 6,724 8,415 Operating lease liabilities 72,119 — Other 2,116 5,464 226,301 161,878 Valuation allowance (9,846 ) (10,621 ) 216,455 151,257 Deferred tax liabilities: Depreciable and amortizable assets 241,799 230,758 Claims and related salvage 104,004 108,497 Investments in affiliates 612 1,957 Securities 39,035 — Operating lease assets 65,121 — Unremitted foreign earnings 13,709 10,506 464,280 351,718 Net deferred tax liability $ 247,825 $ 200,461
Changes in Unrecognized Tax Benefits	A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2019, 2018 and 2017 is as follows: December 31, 2019 2018 2017 (in thousands) Unrecognized tax benefits—beginning balance $ 13,300 $ 12,800 $ 18,100 Gross decreases—prior period tax positions (8,600 ) — (1,000 ) Gross increases—current period tax positions 800 500 — Settlements with taxing authorities (4,000 ) — (4,300 ) Unrecognized tax benefits—ending balance $ 1,500 $ 13,300 $ 12,800

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 2017 (in thousands, except per share data) Numerator Net income attributable to the Company $ 707,410 $ 474,496 $ 423,049 Denominator Basic weighted-average common shares 113,080 112,613 111,668 Effect of dilutive employee stock options and RSUs 575 666 767 Diluted weighted-average common shares 113,655 113,279 112,435 Net income per share attributable to the Company’s stockholders Basic $ 6.26 $ 4.21 $ 3.79 Diluted $ 6.22 $ 4.19 $ 3.76

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Compensation And Retirement Disclosure [Abstract]
Principal Components of Employee Benefit Costs	The principal components of employee benefit costs are summarized as follows: Year ended December 31, 2019 2018 2017 (in thousands) Expense: Savings plan $ 60,416 $ 46,208 $ 34,520 Funded defined benefit pension plans — — 162,368 Unfunded supplemental benefit plans 8,989 9,248 12,705 Other plans, net 23,917 2,794 17,595 $ 93,322 $ 58,250 $ 227,188
Company's Benefit Obligations and Funded Status	During 2017, the Company recognized settlement costs related to the termination of its funded defined benefit pension plans. The following table summarizes the benefit obligations and funded status associated with the Company’s unfunded supplemental benefit plans: December 31, 2019 2018 (in thousands) Change in projected benefit obligation: Benefit obligation at beginning of year $ 236,773 $ 258,528 Service costs 282 519 Interest costs 9,116 8,079 Actuarial losses (gains) 27,034 (16,517 ) Benefits paid (14,412 ) (13,836 ) Projected benefit obligation at end of year 258,793 236,773 Change in plan assets: Contributions 14,412 13,836 Benefits paid (14,412 ) (13,836 ) Fair value of plan assets at end of year — — Reconciliation of funded status: Unfunded status of the plans $ 258,793 $ 236,773 Amounts recognized in the consolidated balance sheet: Accrued benefit liability $ 258,793 $ 236,773 Amounts recognized in accumulated other comprehensive loss: Unrecognized net actuarial loss $ 103,624 $ 80,251 Unrecognized prior service credit (4,180 ) (8,250 ) $ 99,444 $ 72,001 Accumulated benefit obligation at end of year $ 258,793 $ 236,773
Net Periodic Benefit Costs	Net periodic benefit costs related to the Company’s unfunded supplemental benefit and funded defined benefit pension plans included the following components: Year ended December 31, 2019 2018 2017 (in thousands) Expense: Service costs $ 282 $ 519 $ 734 Interest costs 9,116 8,079 13,261 Expected return on plan assets — — (4,740 ) Amortization of net actuarial loss 3,661 4,828 17,742 Amortization of prior service credit (4,070 ) (4,178 ) (4,312 ) Settlement costs — — 152,388 $ 8,989 $ 9,248 $ 175,073
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, 2019, 2018 and 2017, were as follows: Year ended December 31, 2019 2018 2017 Discount rate for projected benefit obligation 4.32 % 3.61 % 4.03 % Discount rate for service cost 4.55 % 3.78 % 4.32 % Discount rate for interest cost 4.00 % 3.23 % 3.43 % The weighted-average discount rate assumption used to determine the projected benefit obligation for the Company’s unfunded supplemental benefits plans at December 31, 2019 and 2018, was as follows: December 31, 2019 2018 Discount rate 3.27 % 4.32 %
Benefit Payments	Benefit payments, which reflect expected future service, as appropriate, are expected to be made as follows: Year (in thousands) 2020 $ 15,459 2021 $ 16,225 2022 $ 16,427 2023 $ 16,650 2024 $ 16,717 Five years thereafter $ 80,264

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 and 2018: (in thousands) Total Level 1 Level 2 Level 3 December 31, 2019 Assets: Debt securities: U.S. Treasury bonds $ 143,941 $ — $ 143,941 $ — Municipal bonds 1,090,839 — 1,090,839 — Foreign government bonds 180,090 — 180,090 — Governmental agency bonds 321,919 — 321,919 — Governmental agency mortgage-backed securities 3,278,258 — 3,278,258 — U.S. corporate debt securities 553,372 — 553,372 — Foreign corporate debt securities 345,217 — 345,217 — 5,913,636 — 5,913,636 — Equity securities: Preferred stocks 18,094 18,094 — — Common stocks 374,224 374,224 — — 392,318 392,318 — — Total assets $ 6,305,954 $ 392,318 $ 5,913,636 $ — (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 $ —
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, 2019 and 2018: Carrying Estimated fair value (in thousands) Amount Total Level 1 Level 2 Level 3 December 31, 2019 Assets: Cash and cash equivalents $ 1,485,959 $ 1,485,959 $ 1,485,959 $ — $ — Deposits with banks $ 44,422 $ 44,339 $ 4,074 $ 40,265 $ — Notes receivable, net $ 18,970 $ 19,422 $ — $ — $ 19,422 Secured financings receivable $ 287,459 $ 287,459 $ — $ 287,459 $ — Liabilities: Secured financings payable $ 278,412 $ 278,412 $ — $ 278,412 $ — Notes and contracts payable $ 728,232 $ 761,224 $ — $ 756,306 $ 4,918 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

Share-Based Compensation Plans

Share-Based Compensation Plans (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019 2018 2017 (in thousands) Expense: RSUs $ 38,445 $ 37,597 $ 34,059 Stock options — — 263 Employee stock purchase plan 4,029 3,548 3,077 $ 42,474 $ 41,145 $ 37,399
Summary of RSU Activity	The following table summarizes RSU activity for the year ended December 31, 2019: (in thousands, except weighted-average grant-date fair value) Shares Weighted-average Unvested at December 31, 2018 1,248 $ 44.53 Granted during 2019 800 51.46 Vested during 2019 (870 ) 44.54 Forfeited during 2019 (26 ) 48.02 Unvested at December 31, 2019 1,152 $ 49.25

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) ("AOCI") (Tables)	12 Months Ended
	Dec. 31, 2019
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, 2019, 2018 and 2017: First American Financial Corporation NCI (in thousands) Unrealized Foreign Pension Accumulated Accumulated Balance Balance at December 31, 2016 $ (26,767 ) $ (63,576 ) $ (140,057 ) $ (230,400 ) $ 7 $ (230,393 ) Change in unrealized gains (losses) on debt and equity securities 86,821 — — 86,821 13 86,834 Change in foreign currency translation adjustment — 24,744 — 24,744 — 24,744 Net actuarial loss — — (20,407 ) (20,407 ) — (20,407 ) Amortization of net actuarial loss — — 17,742 17,742 — 17,742 Amortization of prior service credit — — (4,312 ) (4,312 ) — (4,312 ) Settlement costs — — 152,388 152,388 — 152,388 Tax effect (23,271 ) — (70,814 ) (94,085 ) — (94,085 ) Balance at December 31, 2017 36,783 (38,832 ) (65,460 ) (67,509 ) 20 (67,489 ) Cumulative-effect adjustment, net of taxes (40,550 ) — — (40,550 ) — (40,550 ) Change in unrealized gains (losses) on debt securities (49,643 ) — — (49,643 ) (18 ) (49,661 ) Change in foreign currency translation adjustment — (28,145 ) — (28,145 ) — (28,145 ) Net actuarial gain — — 16,517 16,517 — 16,517 Amortization of net actuarial loss — — 4,828 4,828 — 4,828 Amortization of prior service credit — — (4,178 ) (4,178 ) — (4,178 ) Tax effect 11,243 1,349 (4,487 ) 8,105 — 8,105 Balance at December 31, 2018 (42,167 ) (65,628 ) (52,780 ) (160,575 ) 2 (160,573 ) Change in unrealized gains (losses) on debt securities 164,221 — — 164,221 (1 ) 164,220 Change in foreign currency translation adjustment — 14,575 — 14,575 — 14,575 Net actuarial loss — — (27,034 ) (27,034 ) — (27,034 ) Amortization of net actuarial loss — — 3,661 3,661 — 3,661 Amortization of prior service credit — — (4,070 ) (4,070 ) — (4,070 ) Tax effect (38,937 ) (615 ) 7,282 (32,270 ) — (32,270 ) Balance at December 31, 2019 $ 83,117 $ (51,668 ) $ (72,941 ) $ (41,492 ) $ 1 $ (41,491 )
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, 2019, 2018 and 2017: Unrealized Foreign Pension Total (in thousands) Year ended December 31, 2019 Pretax change before reclassifications $ 167,992 $ 14,575 $ (27,034 ) $ 155,533 Reclassifications out of AOCI (3,772 ) — (409 ) (4,181 ) Tax effect (38,937 ) (615 ) 7,282 (32,270 ) Total other comprehensive income (loss), net of tax $ 125,283 $ 13,960 $ (20,161 ) $ 119,082 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
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) 2019 2018 2017 Affected line items Unrealized gains (losses) on securities: Net realized gains (losses) on sales of securities (1) $ $ (14,249 ) $ 14,719 Net realized investment gains (losses) Pretax total $ 3,772 $ (14,249 ) $ 14,719 Tax effect $ (894 ) $ 3,226 $ (5,259 ) Pension benefit adjustment (2): Amortization of net actuarial loss $ (3,661 ) $ (4,828 ) $ (17,742 ) Other operating expenses Amortization of prior service credit 4,070 4,178 4,312 Other operating expenses Settlement costs — — (152,388 ) Other operating expenses Pretax total $ 409 $ (650 ) $ (165,818 ) Tax effect $ (109 ) $ 170 $ 67,322 (1) Net realized gains (losses) for the years ended December 31, 2019 and 2018 related to sales of debt securities and net realized gains for the year ended December 31, 2017 related to sales of debt and equity securities. (2) These components of AOCI are components of net periodic cost. See Note 14 Employee Benefit Plans for additional details.

Segment Financial Information (

Segment Financial Information (Tables)	12 Months Ended
	Dec. 31, 2019
Segment Reporting [Abstract]
Schedule of Selected Financial Information	Selected financial information about the Company’s operations, by segment, for the years ended December 31, 2019, 2018 and 2017, is as follows: Revenues Depreciation Equity in affiliates, net Income (loss) Assets Investments method affiliates Capital (in thousands) 2019 Title Insurance and Services $ 5,675,952 $ 121,643 $ 2,836 $ 912,213 $ 10,349,145 $ 51,928 $ 100,826 Specialty Insurance 505,890 7,225 — 66,576 639,763 — 9,676 Corporate 21,896 153 — (73,771 ) 575,051 — — Eliminations (1,677 ) — — — (44,792 ) — — $ 6,202,061 $ 129,021 $ 2,836 $ 905,018 $ 11,519,167 $ 51,928 $ 110,502 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 Direct premiums and escrow fees Agent premiums Information and other Net investment income Net realized investment gains (losses) Total Revenues 2019 (in thousands) Title Insurance and Services $ 2,188,056 $ 2,373,140 $ 776,124 $ 282,910 $ 55,722 $ 5,675,952 Specialty Insurance 471,217 — 12,742 11,249 10,682 505,890 $ 2,659,273 $ 2,373,140 $ 788,866 $ 294,159 $ 66,404 $ 6,181,842 2018 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
Schedule Of Revenues From External Customers And Long-Lived Assets	Revenues from external customers allocated between domestic and foreign operations, by segment, for the years ended December 31, 2019, 2018 and 2017, are as follows: Year Ended December 31, 2019 2018 2017 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 5,374,624 $ 300,685 $ 4,984,617 $ 298,059 $ 5,011,990 $ 281,090 Specialty Insurance 505,890 — 469,342 — 465,020 — $ 5,880,514 $ 300,685 $ 5,453,959 $ 298,059 $ 5,477,010 $ 281,090 Long-lived assets allocated between domestic and foreign operations, by segment, as of December 31, 2019, 2018 and 2017, are as follows: December 31, 2019 2018 2017 Domestic Foreign Domestic Foreign Domestic Foreign (in thousands) Title Insurance and Services $ 982,397 $ 65,625 $ 994,023 $ 61,615 $ 975,443 $ 59,960 Specialty Insurance 7,479 — 65,644 — 57,762 — $ 989,876 $ 65,625 $ 1,059,667 $ 61,615 $ 1,033,205 $ 59,960

Quarterly Financial Data (Table

Quarterly Financial Data (Tables)	12 Months Ended
	Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	Quarter Ended March 31 June 30 September 30 December 31 (in thousands, except per share amounts) 2019 Revenues $ 1,303,581 $ 1,498,620 $ 1,671,196 $ 1,728,664 Income before income taxes $ 141,670 $ 229,497 $ 245,338 $ 288,513 Net income $ 109,804 $ 187,271 $ 188,167 $ 224,606 Net income attributable to noncontrolling interests $ 229 $ 616 $ 985 $ 608 Net income attributable to the Company $ 109,575 $ 186,655 $ 187,182 $ 223,998 Net income per share attributable to the Company’s stockholders (1): Basic $ 0.97 $ 1.65 $ 1.65 $ 1.98 Diluted $ 0.97 $ 1.64 $ 1.65 $ 1.97 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 (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, 2019USD ($)State	Dec. 31, 2018USD ($)	Dec. 31, 2017USD ($)
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	$ 923,298,000	$ 900,208,000	$ 1,055,886,000
Accounts payable and accrued liabilities	820,356,000	778,688,000
Depreciation and amortization	129,021,000	125,927,000	128,053,000
Net realized investment gains (losses)	66,404,000	(56,487,000)	11,234,000
Title plants and other indexes	579,674,000	577,467,000
Fair values of investments in debt securities for funding of statutory premium reserves and state deposits	91,600,000	111,000,000
Net other-than-temporary impairment losses	$ 0	0	0
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	$ 6,000,000
Impairment losses related to commercial real estate	7,500,000
Title plants	530,500,000	530,400,000
Capitalized real estate data	$ 49,200,000	47,100,000
Assessment to determine fair value	50.00%
Goodwill impairment losses	$ 0	0	$ 0
Escrow deposits	7,300,000,000	7,600,000,000
Like-kind exchange funds	3,000,000,000	2,700,000,000
Accounting Standards Update 2016-02
Basis Of Presentation And Significant Accounting Policies [Line Items]
Deferred gains on previous sale and operating leaseback transactions	1,300,000
First American Trust
Basis Of Presentation And Significant Accounting Policies [Line Items]
Escrow deposits	3,200,000,000	3,600,000,000
Assets held-in-trust	$ 4,200,000,000	$ 3,600,000,000
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%
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	2 years
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	2 years
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	59.00%

Statutory Restrictions on Inv_2

Statutory Restrictions on Investments and Stockholders' Equity (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Statutory Accounting Practices [Line Items]
Investments on deposit with state treasurers	$ 111.5	$ 129.2
Dividends available to parent from subsidiaries	508.9
Loans and advances available to parent from subsidiaries	110.3
Differences in state prescribed or permitted practices to NAIC Statutory Accounting	235.5	209
FATICO
Statutory Accounting Practices [Line Items]
Statutory surplus maintained by insurance subsidiary	1,500	1,200
Statutory net income of insurance subsidiary	$ 473.6	$ 258.4	$ 306.5

Debt and Equity Securities (Inv

Debt and Equity Securities (Investments in Debt Securities, Classified as Available-For-Sale) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	$ 5,796,755	$ 5,761,150
Debt Securities, Gross unrealized gains	127,123	23,361
Debt Securities, Gross unrealized losses	(10,242)	(70,700)
Debt securities, Estimated fair value	5,913,636	5,713,811
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	143,825	162,904
Debt Securities, Gross unrealized gains	469	741
Debt Securities, Gross unrealized losses	(353)	(1,139)
Debt securities, Estimated fair value	143,941	162,506
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	1,043,252	1,050,134
Debt Securities, Gross unrealized gains	47,804	7,210
Debt Securities, Gross unrealized losses	(217)	(12,309)
Debt securities, Estimated fair value	1,090,839	1,045,035
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	179,554	158,885
Debt Securities, Gross unrealized gains	1,497	571
Debt Securities, Gross unrealized losses	(961)	(2,159)
Debt securities, Estimated fair value	180,090	157,297
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	316,318	319,115
Debt Securities, Gross unrealized gains	5,820	1,145
Debt Securities, Gross unrealized losses	(219)	(4,093)
Debt securities, Estimated fair value	321,919	316,167
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	3,241,966	3,219,585
Debt Securities, Gross unrealized gains	43,599	12,030
Debt Securities, Gross unrealized losses	(7,307)	(29,016)
Debt securities, Estimated fair value	3,278,258	3,202,599
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	535,878	575,646
Debt Securities, Gross unrealized gains	18,466	1,113
Debt Securities, Gross unrealized losses	(972)	(15,499)
Debt securities, Estimated fair value	553,372	561,260
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	335,962	274,881
Debt Securities, Gross unrealized gains	9,468	551
Debt Securities, Gross unrealized losses	(213)	(6,485)
Debt securities, Estimated fair value	$ 345,217	$ 268,947

Debt and Equity Securities (Nar

Debt and Equity Securities (Narrative) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Schedule Of Debt and Equity Securities [Line Items]
Realized gains on sales of debt securities	$ 12,100	$ 3,300	$ 5,400
Realized losses on sales of debt securities	6,100	20,300	16,400
Proceeds from sale of debt securities	1,100,000	1,300,000	821,000
Realized and unrealized net gains (losses) on equity securities	66,700	(38,600)
Net unrealized gains (losses) on equity securities	52,300	(37,600)
Realized gains on sales of equity securities			30,200
Realized losses on sales of equity securities			$ 2,100
Debt securities, Estimated fair value	5,913,636	5,713,811
Estimated fair value of debt securities, Unrealized loss position	1,663,146	$ 3,373,514
Bank Loans
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	80,700
Estimated fair value of debt securities, Unrealized loss position	18,100
Emerging Market Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	80,200
Estimated fair value of debt securities, Unrealized loss position	19,900
Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	116,848
Estimated fair value of debt securities, Unrealized loss position	28,025
Non-Investment Grade | Bank Loans
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	72,100
Estimated fair value of debt securities, Unrealized loss position	17,500
Non-Investment Grade | High Yield Corporate Debt Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	35,300
Estimated fair value of debt securities, Unrealized loss position	9,300
Non-Investment Grade | Emerging Market Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	8,100
Estimated fair value of debt securities, Unrealized loss position	$ 1,200

Debt and Equity Securities (Gro

Debt and Equity Securities (Gross Unrealized Losses on Investments in Debt Securities) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	$ 971,604	$ 1,672,754
Unrealized losses, Less than 12 months	(4,977)	(25,709)
Estimated fair value, 12 months or longer	691,542	1,700,760
Unrealized losses, 12 months or longer	(5,265)	(44,991)
Estimated fair value, Total	1,663,146	3,373,514
Unrealized losses, Total	(10,242)	(70,700)
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	12,507	19,749
Unrealized losses, Less than 12 months	(350)	(85)
Estimated fair value, 12 months or longer	3,193	55,615
Unrealized losses, 12 months or longer	(3)	(1,054)
Estimated fair value, Total	15,700	75,364
Unrealized losses, Total	(353)	(1,139)
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	29,333	172,387
Unrealized losses, Less than 12 months	(207)	(1,772)
Estimated fair value, 12 months or longer	2,827	369,139
Unrealized losses, 12 months or longer	(10)	(10,537)
Estimated fair value, Total	32,160	541,526
Unrealized losses, Total	(217)	(12,309)
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	112,167	23,654
Unrealized losses, Less than 12 months	(934)	(1,037)
Estimated fair value, 12 months or longer	11,001	42,119
Unrealized losses, 12 months or longer	(27)	(1,122)
Estimated fair value, Total	123,168	65,773
Unrealized losses, Total	(961)	(2,159)
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	24,493	56,270
Unrealized losses, Less than 12 months	(142)	(748)
Estimated fair value, 12 months or longer	14,923	90,631
Unrealized losses, 12 months or longer	(77)	(3,345)
Estimated fair value, Total	39,416	146,901
Unrealized losses, Total	(219)	(4,093)
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	719,602	850,459
Unrealized losses, Less than 12 months	(2,785)	(6,955)
Estimated fair value, 12 months or longer	637,009	982,610
Unrealized losses, 12 months or longer	(4,522)	(22,061)
Estimated fair value, Total	1,356,611	1,833,069
Unrealized losses, Total	(7,307)	(29,016)
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	42,607	374,473
Unrealized losses, Less than 12 months	(451)	(10,537)
Estimated fair value, 12 months or longer	10,216	109,844
Unrealized losses, 12 months or longer	(521)	(4,962)
Estimated fair value, Total	52,823	484,317
Unrealized losses, Total	(972)	(15,499)
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value, Less than 12 months	30,895	175,762
Unrealized losses, Less than 12 months	(108)	(4,575)
Estimated fair value, 12 months or longer	12,373	50,802
Unrealized losses, 12 months or longer	(105)	(1,910)
Estimated fair value, Total	43,268	226,564
Unrealized losses, Total	$ (213)	$ (6,485)

Debt and Equity Securities (I_2

Debt and Equity Securities (Investments in Debt Securities by Contractual Maturity) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Debt Securities, Amortized cost	$ 5,796,755	$ 5,761,150
Debt securities, Estimated fair value	5,913,636	5,713,811
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	76,677
Amortized cost, Due after one through five years	61,690
Amortized cost, Due after five through ten years	1,025
Amortized cost, Due after ten years	4,433
Debt Securities, Amortized cost	143,825	162,904
Estimated fair value, Due in one year or less	76,735
Estimated fair value, Due after one through five years	62,050
Estimated fair value, Due after five through ten years	1,070
Estimated fair value, Due after ten years	4,086
Debt securities, Estimated fair value	143,941	162,506
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	74,228
Amortized cost, Due after one through five years	153,668
Amortized cost, Due after five through ten years	304,195
Amortized cost, Due after ten years	511,161
Debt Securities, Amortized cost	1,043,252	1,050,134
Estimated fair value, Due in one year or less	74,595
Estimated fair value, Due after one through five years	156,412
Estimated fair value, Due after five through ten years	319,179
Estimated fair value, Due after ten years	540,653
Debt securities, Estimated fair value	1,090,839	1,045,035
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	25,682
Amortized cost, Due after one through five years	75,702
Amortized cost, Due after five through ten years	63,304
Amortized cost, Due after ten years	14,866
Debt Securities, Amortized cost	179,554	158,885
Estimated fair value, Due in one year or less	25,634
Estimated fair value, Due after one through five years	75,872
Estimated fair value, Due after five through ten years	63,155
Estimated fair value, Due after ten years	15,429
Debt securities, Estimated fair value	180,090	157,297
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	9,181
Amortized cost, Due after one through five years	102,604
Amortized cost, Due after five through ten years	138,955
Amortized cost, Due after ten years	65,578
Debt Securities, Amortized cost	316,318	319,115
Estimated fair value, Due in one year or less	9,209
Estimated fair value, Due after one through five years	103,441
Estimated fair value, Due after five through ten years	141,940
Estimated fair value, Due after ten years	67,329
Debt securities, Estimated fair value	321,919	316,167
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	38,783
Amortized cost, Due after one through five years	298,185
Amortized cost, Due after five through ten years	164,297
Amortized cost, Due after ten years	34,613
Debt Securities, Amortized cost	535,878	575,646
Estimated fair value, Due in one year or less	38,864
Estimated fair value, Due after one through five years	307,140
Estimated fair value, Due after five through ten years	170,495
Estimated fair value, Due after ten years	36,873
Debt securities, Estimated fair value	553,372	561,260
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	25,981
Amortized cost, Due after one through five years	201,863
Amortized cost, Due after five through ten years	78,656
Amortized cost, Due after ten years	29,462
Debt Securities, Amortized cost	335,962	274,881
Estimated fair value, Due in one year or less	26,005
Estimated fair value, Due after one through five years	205,528
Estimated fair value, Due after five through ten years	83,018
Estimated fair value, Due after ten years	30,666
Debt securities, Estimated fair value	345,217	$ 268,947
Debt Securities Excluding Mortgage Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost, Due in one year or less	250,532
Amortized cost, Due after one through five years	893,712
Amortized cost, Due after five through ten years	750,432
Amortized cost, Due after ten years	660,113
Debt Securities, Amortized cost	2,554,789
Estimated fair value, Due in one year or less	251,042
Estimated fair value, Due after one through five years	910,443
Estimated fair value, Due after five through ten years	778,857
Estimated fair value, Due after ten years	695,036
Debt securities, Estimated fair value	2,635,378
Total Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Amortized cost	3,241,966
Estimated fair value	$ 3,278,258

Debt and Equity Securities (I_3

Debt and Equity Securities (Investments in Equity Securities) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Debt And Equity Securities F V N I [Line Items]
Equity securities, Cost	$ 349,959	$ 358,352
Equity securities, Estimated fair value	392,318	353,535
Preferred stocks
Debt And Equity Securities F V N I [Line Items]
Equity securities, Cost	21,849	16,892
Equity securities, Estimated fair value	18,094	14,162
Common stocks
Debt And Equity Securities F V N I [Line Items]
Equity securities, Cost	328,110	341,460
Equity securities, Estimated fair value	$ 374,224	$ 339,373

Debt and Equity Securities (Com

Debt and Equity Securities (Composition of Investment Portfolio by Credit Rating Agencies) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 5,913,636	$ 5,713,811
Equity securities, Estimated fair value	392,318	353,535
Estimated fair value, Total	$ 5,931,730
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	$ 5,324,519
Estimated fair value, Total	$ 5,324,565
Percentage of debt securities by credit rating agencies	90.00%
Percentage of investment portfolio by credit rating agencies	89.80%
Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 472,269
Estimated fair value, Total	$ 489,134
Percentage of debt securities by credit rating agencies	8.00%
Percentage of investment portfolio by credit rating agencies	8.20%
Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 116,848
Estimated fair value, Total	$ 118,031
Percentage of debt securities by credit rating agencies	2.00%
Percentage of investment portfolio by credit rating agencies	2.00%
U.S. Treasury Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 143,941	162,506
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	$ 143,941
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
Percentage of debt securities by credit rating agencies	0.00%
U.S. Treasury Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Percentage of debt securities by credit rating agencies	0.00%
Municipal Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 1,090,839	1,045,035
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	$ 1,045,628
Percentage of debt securities by credit rating agencies	95.90%
Municipal Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 43,843
Percentage of debt securities by credit rating agencies	4.00%
Municipal Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 1,368
Percentage of debt securities by credit rating agencies	0.10%
Foreign Government Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 180,090	157,297
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	$ 153,718
Percentage of debt securities by credit rating agencies	85.40%
Foreign Government Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 23,549
Percentage of debt securities by credit rating agencies	13.00%
Foreign Government Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 2,823
Percentage of debt securities by credit rating agencies	1.60%
Governmental Agency Bonds
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 321,919	316,167
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	$ 321,919
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
Percentage of debt securities by credit rating agencies	0.00%
Governmental Agency Bonds | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Percentage of debt securities by credit rating agencies	0.00%
Governmental Agency Mortgage-Backed Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 3,278,258	3,202,599
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	$ 3,278,258
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
Percentage of debt securities by credit rating agencies	0.00%
Governmental Agency Mortgage-Backed Securities | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 0
Percentage of debt securities by credit rating agencies	0.00%
U.S. Corporate Debt Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 553,372	561,260
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	$ 244,883
Percentage of debt securities by credit rating agencies	44.20%
U.S. Corporate Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 226,098
Percentage of debt securities by credit rating agencies	40.90%
U.S. Corporate Debt Securities | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 82,391
Percentage of debt securities by credit rating agencies	14.90%
Foreign Corporate Debt Securities
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 345,217	268,947
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	$ 136,172
Percentage of debt securities by credit rating agencies	39.40%
Foreign Corporate Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 178,779
Percentage of debt securities by credit rating agencies	51.80%
Foreign Corporate Debt Securities | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Debt securities, Estimated fair value	$ 30,266
Percentage of debt securities by credit rating agencies	8.80%
Preferred stocks
Schedule Of Debt and Equity Securities [Line Items]
Equity securities, Estimated fair value	$ 18,094	$ 14,162
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	$ 46
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	$ 16,865
Percentage of equity securities by credit rating agencies	93.20%
Preferred stocks | Non-Investment Grade
Schedule Of Debt and Equity Securities [Line Items]
Equity securities, Estimated fair value	$ 1,183
Percentage of equity securities by credit rating agencies	6.50%

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, 2019	Dec. 31, 2018
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 1,663,146	$ 3,373,514
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	$ 1,589,255
Percentage of debt securities in unrealized loss position	95.50%
Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 45,866
Percentage of debt securities in unrealized loss position	2.80%
Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 28,025
Percentage of debt securities in unrealized loss position	1.70%
U.S. Treasury Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 15,700	75,364
Percentage of debt securities in unrealized loss position	100.00%
U.S. Treasury Bonds | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 15,700
Percentage of debt securities in unrealized loss position	100.00%
U.S. Treasury Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
U.S. Treasury Bonds | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
Municipal Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 32,160	541,526
Percentage of debt securities in unrealized loss position	100.00%
Municipal Bonds | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 26,521
Percentage of debt securities in unrealized loss position	82.50%
Municipal Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 5,639
Percentage of debt securities in unrealized loss position	17.50%
Municipal Bonds | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
Foreign Government Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 123,168	65,773
Percentage of debt securities in unrealized loss position	100.00%
Foreign Government Bonds | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 114,130
Percentage of debt securities in unrealized loss position	92.70%
Foreign Government Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 9,038
Percentage of debt securities in unrealized loss position	7.30%
Foreign Government Bonds | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
Governmental Agency Bonds
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 39,416	146,901
Percentage of debt securities in unrealized loss position	100.00%
Governmental Agency Bonds | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 39,416
Percentage of debt securities in unrealized loss position	100.00%
Governmental Agency Bonds | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
Governmental Agency Bonds | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
Governmental Agency Mortgage-Backed Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 1,356,611	1,833,069
Percentage of debt securities in unrealized loss position	100.00%
Governmental Agency Mortgage-Backed Securities | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 1,356,611
Percentage of debt securities in unrealized loss position	100.00%
Governmental Agency Mortgage-Backed Securities | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
Governmental Agency Mortgage-Backed Securities | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 0
Percentage of debt securities in unrealized loss position	0.00%
U.S. Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 52,823	484,317
Percentage of debt securities in unrealized loss position	100.00%
U.S. Corporate Debt Securities | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 9,883
Percentage of debt securities in unrealized loss position	18.70%
U.S. Corporate Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 22,264
Percentage of debt securities in unrealized loss position	42.20%
U.S. Corporate Debt Securities | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 20,676
Percentage of debt securities in unrealized loss position	39.10%
Foreign Corporate Debt Securities
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 43,268	$ 226,564
Percentage of debt securities in unrealized loss position	100.00%
Foreign Corporate Debt Securities | Investment Grade | A- or Higher
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 26,994
Percentage of debt securities in unrealized loss position	62.40%
Foreign Corporate Debt Securities | Investment Grade | BBB+ to BBB-
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 8,925
Percentage of debt securities in unrealized loss position	20.60%
Foreign Corporate Debt Securities | Non-Investment Grade
Schedule Of Available For Sale Securities [Line Items]
Estimated fair value of debt securities, Unrealized loss position	$ 7,349
Percentage of debt securities in unrealized loss position	17.00%

Property and Equipment (Schedul

Property and Equipment (Schedule of Property and Equipment) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Property Plant And Equipment [Abstract]
Land	$ 25,302	$ 25,472
Buildings	191,068	188,218
Leasehold improvements	66,471	68,941
Furniture and equipment	222,543	242,415
Capitalized software	718,847	667,667
Property and equipment, Gross	1,224,231	1,192,713
Accumulated depreciation and amortization	(782,217)	(734,873)
Property and equipment, Total	$ 442,014	$ 457,840

Leases - Summary of Lease Asset

Leases - Summary of Lease Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Operating lease assets	$ 291,385	$ 0
Finance lease assets	$ 4,560
Finance Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	us-gaap:OtherAssetsMember
Total lease assets	$ 295,945
Liabilities
Operating lease liabilities	322,776	$ 0
Finance lease liabilities	$ 4,814
Finance Lease, Liability, Statement of Financial Position [Extensible List]	faf:NotesAndContractsPayableMember
Total lease liabilities	$ 327,590

Leases - Summary of Components

Leases - Summary of Components of Lease Expense (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Lease cost:
Net lease cost	$ 120,536
Other Operating Expenses
Operating Leased Assets [Line Items]
Operating lease cost	87,847
Lease cost:
Variable lease cost	31,258
Short-term lease cost	958
Depreciation and Amortization
Lease cost:
Amortization of lease assets	1,919
Interest
Lease cost:
Interest on lease liabilities	191
Information and Other
Lease cost:
Sublease income	$ (1,637)

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Lease Payments Under Operating and Finance Lease with Noncancelable Lease Terms (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Operating Leases Maturities
Operating Leases, 2020	$ 86,241
Operating Leases, 2021	73,397
Operating Leases, 2022	61,068
Operating Leases, 2023	46,080
Operating Leases, 2024	33,271
Operating Leases, Thereafter	61,924
Operating Leases, Total lease payments	361,981
Operating Leases, Interest	(39,205)
Operating Leases, Present value of lease liabilities	322,776	$ 0
Finance Leases Maturities
Finance Leases, 2020	1,680
Finance Leases, 2021	1,369
Finance Leases, 2022	1,272
Finance Leases, 2023	651
Finance Leases, 2024	154
Finance Leases, Thereafter	0
Finance Leases, Total lease payments	5,126
Finance Leases, Interest	(312)
Finance Leases, Present value of lease liabilities	4,814
Operating and Finance Leases Maturities
Total, 2020	87,921
Total, 2021	74,766
Total, 2022	62,340
Total, 2023	46,731
Total, 2024	33,425
Total, Thereafter	61,924
Total lease payments	367,107
Total, Interest	(39,517)
Total, Present value of lease liabilities	$ 327,590

Leases - Schedule of Informatio

Leases - Schedule of Information Related to Lease Terms and Discount Rate (Detail)	Dec. 31, 2019
Weighted-average remaining lease terms (years):
Operating leases	5 years 4 months 24 days
Finance leases	3 years 6 months
Weighted-average discount rates:
Operating leases	4.16%
Finance leases	3.92%

Leases - Schedule of Cash Flow

Leases - Schedule of Cash Flow Information Related to Lease Liabilities (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)
Lessee Disclosure [Abstract]
Cash paid for amounts included in the measurement of lease liabilities, Operating cash flows from operating leases	$ 88,242
Cash paid for amounts included in the measurement of lease liabilities, Operating cash flows from finance leases	191
Cash paid for amounts included in the measurement of lease liabilities, Financing cash flows from finance leases	1,817
Operating lease assets obtained in exchange for new operating lease liabilities	54,809
Finance lease assets obtained in exchange for new finance lease liabilities	$ 939

Leases - Summary of Future Mini

Leases - Summary of Future Minimum Lease Payments Under Operating Leases with Noncancelable Lease Terms (Detail) $ in Thousands	Dec. 31, 2018USD ($)
Leases [Abstract]
2019	$ 76,375
2020	68,026
2021	54,853
2022	41,859
2023	28,948
Thereafter	64,732
Total lease payments	$ 334,793

Leases (Narrative) (Detail)

Leases (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2017
Leases [Abstract]
Total rental expense for all operating leases	$ 89.4	$ 91

Goodwill (Carrying Amount of Go

Goodwill (Carrying Amount of Goodwill by Reportable Segment) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Line Items]
Beginning balance	$ 1,144,166	$ 1,113,005
Acquisitions	4,014	36,806
Foreign currency translation	2,728	(5,017)
Other adjustments		(628)
Ending balance	1,150,908	1,144,166
Title Insurance and Services
Goodwill [Line Items]
Beginning balance	1,097,401	1,066,240
Acquisitions	4,014	36,806
Foreign currency translation	2,728	(5,017)
Other adjustments		(628)
Ending balance	1,104,143	1,097,401
Specialty Insurance
Goodwill [Line Items]
Beginning balance	46,765	46,765
Acquisitions	0	0
Foreign currency translation	0	0
Other adjustments		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, 2019	Dec. 31, 2018
Intangible Assets Net Excluding Goodwill [Abstract]
Customer relationships	$ 99,905	$ 114,603
Noncompete agreements	13,150	14,402
Trademarks	10,520	10,753
Internal-use software licenses	21,982	29,394
Patents	2,840	2,840
Finite-lived intangible assets, gross	148,397	171,992
Accumulated amortization	(73,449)	(79,535)
Finite-lived intangible assets, net	74,948	92,457
Licenses	16,885	16,915
Other intangibles assets, net	$ 91,833	$ 109,372

Other Intangible Assets (Narrat

Other Intangible Assets (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Intangible Assets Net Excluding Goodwill [Abstract]
Amortization expense	$ 28.4	$ 30.4	$ 28.1

Other Intangible Assets (Estima

Other Intangible Assets (Estimated Amortization Expense for Finite-Lived Intangible Assets) (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Intangible Assets Net Excluding Goodwill [Abstract]
2020	$ 20,189
2021	12,260
2022	11,262
2023	9,851
2024	$ 7,677

Deposits (Escrow, Savings and I

Deposits (Escrow, Savings and Investment Certificate Accounts) (Detail) - USD ($) $ in Thousands		Dec. 31, 2019	Dec. 31, 2018
Banking And Thrift [Abstract]
Interest bearing		$ 1,831,083	$ 2,496,805
Non-interest bearing		1,337,774	1,133,825
Escrow accounts		3,168,857	3,630,630
Business checking and other deposits	[1]	168,574	155,553
Deposits, Total		$ 3,337,431	$ 3,786,183
Weighted average interest rate, Interest bearing escrow accounts		0.17%	0.12%
[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, 2019	Dec. 31, 2018	Dec. 31, 2017
Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward]
Balance at beginning of year	$ 1,042,679	$ 1,028,933	$ 1,025,863
Provision related to current year	436,362	444,969	446,500
Provision related to prior years	9,678	7,664	3,910
Total Provision	446,040	452,633	450,410
Payments, net of recoveries, related to: Current year	227,663	242,617	240,468
Payments, net of recoveries, related to: Prior years	187,658	208,139	231,579
Total Payments, net of recoveries	415,321	450,756	472,047
Other	(10,354)	11,869	24,707
Balance at end of year	$ 1,063,044	$ 1,042,679	$ 1,028,933

Reserve for Known and Incurre_4

Reserve for Known and Incurred but Not Reported Claims (Narrative) (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reserve For Known And Incurred But Not Reported Claims [Line Items]
Payments, net of recoveries, related to: Current year	$ 227,663,000	$ 242,617,000	$ 240,468,000
Payments, net of recoveries, related to: Prior years	187,658,000	$ 208,139,000	$ 231,579,000
Payments on reinsured losses	$ 5,991,000
Provision for title loss, percentage of title premiums and escrow fees	4.00%	4.00%	4.00%
Ultimate loss rate	4.00%	4.00%	4.00%
Estimated increase in loss reserve for prior policy years	$ 0	$ 0	$ 0
Specialty Insurance
Reserve For Known And Incurred But Not Reported Claims [Line Items]
Payments, net of recoveries, related to: Current year	211,400,000	228,300,000	225,600,000
Payments, net of recoveries, related to: Prior years	41,700,000	56,700,000	46,100,000
Property and Casualty Insurance Business
Reserve For Known And Incurred But Not Reported Claims [Line Items]
Payments on reinsured losses	21,100,000	15,300,000	8,900,000
Reinsurance recoveries	$ 10,300,000	$ 20,300,000	$ 9,600,000

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, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Insurance [Abstract]
Known title claims, amount	$ 83,382	$ 80,306
IBNR title claims, amount	903,994	877,134
Total title claims, amount	987,376	957,440
Non-title claims, amount	75,668	85,239
Total loss reserves, amount	$ 1,063,044	$ 1,042,679	$ 1,028,933	$ 1,025,863
Known title claims, percent	7.80%	7.70%
IBNR title claims, percent	85.10%	84.10%
Total title claims, percent	92.90%	91.80%
Non-title claims, percent	7.10%	8.20%
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, 2019USD ($)Claim	Dec. 31, 2018USD ($)	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]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	$ 2,105,624
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	2,037,424
All outstanding liabilities before 2010, net of reinsurance	0
Liabilities for claims and claims adjustment expenses, net of reinsurance	68,200
Accident Year 2010 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	140,345	$ 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 claims	$ 0
Cumulative number of reported claims | Claim	606
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 140,325	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	149,486	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 claims	$ 0
Cumulative number of reported claims | Claim	641
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 149,486	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	161,634	161,650	160,911	160,517	160,579		159,918		158,981		157,287
Total of IBNR liabilities plus expected development on reported claims	$ 0
Cumulative number of reported claims | Claim	692
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 161,617	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	184,606	184,777	184,668	184,826	185,244		184,419		182,858
Total of IBNR liabilities plus expected development on reported claims	$ 27
Cumulative number of reported claims | Claim	762
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 184,552	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	191,218	190,944	191,025	191,120	190,738		190,985
Total of IBNR liabilities plus expected development on reported claims	$ 129
Cumulative number of reported claims | Claim	789
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 190,772	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	226,882	226,555	225,977	225,754	221,617
Total of IBNR liabilities plus expected development on reported claims	$ 349
Cumulative number of reported claims | Claim	867
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 226,201	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	253,258	251,506	249,358	245,859
Total of IBNR liabilities plus expected development on reported claims	$ 975
Cumulative number of reported claims | Claim	972
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 250,867	248,211	243,111	$ 205,857
Accident Year 2017 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	278,005	275,480	267,392
Total of IBNR liabilities plus expected development on reported claims	$ 3,101
Cumulative number of reported claims | Claim	1,014
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 270,705	266,653	$ 220,218
Accident Year 2018 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	268,931	264,088
Total of IBNR liabilities plus expected development on reported claims	$ 5,312
Cumulative number of reported claims | Claim	1,063
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 255,557	$ 222,966
Accident Year 2019 [Member]
Claims Development [Line Items]
Incurred claims and allocated claim adjustment expenses, net of reinsurance	251,259
Total of IBNR liabilities plus expected development on reported claims	$ 8,661
Cumulative number of reported claims | Claim	1,078
Cumulative paid claims and allocated claim adjustment expenses, net of reinsurance	$ 207,342
[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, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
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	$ 68,200
Reinsurance recoverable on unpaid claims: Specialty insurance	5,991
Unallocated claims adjustment expenses: Specialty insurance	1,477
Title insurance	987,376	$ 957,440
Total loss reserves, amount	$ 1,063,044	$ 1,042,679	$ 1,028,933	$ 1,025,863

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, 2019
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	14.20%
Average annual percentage payout of incurred claims by age, net of reinsurance, Year 3	1.30%
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	0.10%
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, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Line of credit borrowings	$ 160,000
Trust deed note due November 1, 2023, collateralized by land and buildings with net book values of $38,402 and $39,283 at December 31, 2019 and 2018, respectively, fixed interest rate of 5.26%	15,724	$ 19,247
Other notes and contracts payable with maturities through 2024, weighted-average interest rate of 4.02% and 4.49% at December 31, 2019 and 2018, respectively	4,918	5,791
Notes and contracts payable	730,642	735,038
Unamortized discount – senior unsecured notes	(358)	(462)
Debt issuance costs – senior unsecured notes	(2,052)	(2,557)
Notes and contracts payable net of unamortized discount and debt issuance costs	728,232	732,019
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
3.30% interest rate
Debt Instrument [Line Items]
Line of credit borrowings	160,000	0
4.15% interest rate
Debt Instrument [Line Items]
Line of credit borrowings	$ 0	$ 160,000

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, 2019	Dec. 31, 2018
Debt Instrument [Line Items]
Credit facility interest rate	3.30%
Weighted-average interest rate	4.22%	4.42%
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 | 3.30% interest rate
Debt Instrument [Line Items]
Credit agreement termination date	Apr. 30, 2024
Credit facility interest rate	3.30%
Line of Credit | 4.15% interest rate
Debt Instrument [Line Items]
Credit agreement termination date		May 14, 2019
Credit facility interest rate		4.15%
Mortgages
Debt Instrument [Line Items]
Maturity year	Nov. 1, 2023
Collateral value	$ 38,402	$ 39,283
Fixed interest rate	5.26%	5.26%
Other Notes and Contracts Payable
Debt Instrument [Line Items]
Other notes and contracts payable maturities in year	2024
Weighted-average interest rate	4.02%	4.49%

Notes and Contracts Payable (Na

Notes and Contracts Payable (Narrative) (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Apr. 30, 2019	Dec. 31, 2019	Dec. 31, 2018
Line of Credit Facility [Abstract]
Weighted-average interest rate		4.22%	4.42%
Line of credit facility, maximum increase in revolving credit expansion option	$ 350,000,000
Borrowings under credit facility	160,000,000
Outstanding borrowings under credit facility		$ 160,000,000
Credit facility interest rate		3.30%
Revolving loans, interest rate description		At the Company’s election, borrowings of revolving loans 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 credit 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., Standard & Poor’s Rating Services and/or Fitch Ratings Inc.  The minimum applicable spread for Alternate Base Rate borrowings is 0.25% and the maximum is 1.00%.  The minimum applicable spread for Adjusted LIBOR rate borrowings is 1.25% and the maximum is 2.00%.  The rate of interest on any term loans incurred in connection with the expansion option will be established at or about the time such loans are made and may differ from the rate of interest on revolving loans.
Credit agreement, covenant compliance description		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, 2019, the Company was in compliance with the financial covenants under the credit agreement.
Base Rate | Minimum
Line of Credit Facility [Abstract]
Debt instrument, applicable spread		0.25%
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		1.25%
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
Repayments of lines of credit	$ 160,000,000
Credit agreement termination date	Apr. 30, 2024

Notes and Contracts Payable (Ag

Notes and Contracts Payable (Aggregate Annual Maturities of Notes and Contracts Payable) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Maturities of Long-term Debt [Abstract]
2020	$ 5,323
2021	5,205
2022	5,347
2023	254,615
2024	460,152
Thereafter	0
Notes and contracts payable, Total	$ 730,642	$ 735,038

Net Investment Income (Schedule

Net Investment Income (Schedule of Net Investment Income) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Net Investment Income, Insurance Entity [Abstract]
Total investment income	$ 319,152	$ 233,789	$ 165,528
Other investments	96,812	64,328	22,221
Deferred compensation plan assets	17,274	(6,399)	14,211
Equity in earnings of affiliates, net	2,836	2,717	3,785
Other	612	106	607
Investment expenses	(3,739)	(3,500)	(3,126)
Net investment income	315,413	230,289	162,402
Cash, cash equivalents and deposits with banks
Net Investment Income, Insurance Entity [Abstract]
Total investment income	26,187	21,910	7,321
Debt Securities
Net Investment Income, Insurance Entity [Abstract]
Total investment income	163,339	138,409	104,458
Equity securities
Net Investment Income, Insurance Entity [Abstract]
Total investment income	$ 12,092	$ 12,718	$ 12,925

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Income Tax Disclosure [Line Items]
Income (loss) from continuing operations before noncontrolling interests, Domestic	$ 857,200	$ 571,900	$ 391,400
Income (loss) from continuing operations before noncontrolling interests, Foreign	$ 47,800	$ 37,600	$ 53,900
Federal income tax rates	21.00%	21.00%	35.00%
Effective income tax rates	21.60%	21.90%	5.30%
Tax benefits recorded	$ 3,200	$ 5,200	$ 3,400
Net payable related to spin-off tax liabilities	500	15,600
Foreign tax credit carryover net of valuation allowance	6,500
Operating loss carryforwards, amount	80,200
Operating loss carryforwards, indefinite expiration, amount	31,700
Operating loss carryforwards, subject to expiration, amount	48,500
Deferred tax asset valuation allowance	9,846	10,621
Liability for income taxes associated with uncertain tax positions	1,500	13,300	12,800	$ 18,100
Offsetting tax benefits related to uncertain tax positions	400	3,700	3,700
Accrued interest and penalties on uncertain tax positions	26	5,800	5,300
Other tax benefits related to interest and penalties of uncertain tax positions	$ 26	5,800	$ 5,300
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 increase or decrease within the next 12 months.  Any such change may be the result of ongoing audits or the expiration of federal and state statutes of limitations for the assessment of taxes.
Deferred Tax Assets Valuation Allowances On Net Operating Loss Carryforwards
Income Tax Disclosure [Line Items]
Deferred tax asset valuation allowance	$ 8,800	8,900
Deferred Tax Assets Valuation Allowances On Other Deferred Tax Assets
Income Tax Disclosure [Line Items]
Deferred tax asset valuation allowance	1,000	$ 1,700
Federal
Income Tax Disclosure [Line Items]
Operating loss carryforwards, amount	200
State
Income Tax Disclosure [Line Items]
Operating loss carryforwards, amount	35,900
Foreign
Income Tax Disclosure [Line Items]
Operating loss carryforwards, amount	$ 44,100

Income Taxes - Summary of Tax E

Income Taxes - Summary of Tax Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Current Federal	$ 167,016	$ 101,427	$ 116,400
Current State	3,514	12,285	9,382
Current Foreign	8,486	8,990	11,533
Current Income Tax Expense (Benefit), Total	179,016	122,702	137,315
Deferred Federal	11,275	4,381	(104,062)
Deferred State	1,481	299	(10,724)
Deferred Foreign	3,398	6,258	939
Deferred Income Tax Expense (Benefit), Total	16,154	10,938	(113,847)
Income tax	$ 195,170	$ 133,640	$ 23,468

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Taxes calculated at federal rate	$ 190,054	$ 128,003	$ 155,866
State taxes, net of federal benefit	18,028	9,941	(872)
Change in liability for tax positions	(13,563)	875	(3,482)
Foreign income taxed at different rates	782	7,287	(6,163)
Tax reform impact	0	(6,804)	(129,139)
Unremitted foreign earnings	2,588	(146)	14,997
Other items, net	(2,719)	(5,516)	(7,739)
Income tax	$ 195,170	$ 133,640	$ 23,468
Federal income tax rate	21.00%	21.00%	35.00%
State taxes, net of federal benefit	2.00%	1.60%	(0.20%)
Change in liability for tax positions	(1.50%)	0.10%	(0.80%)
Foreign income taxed at different rates	0.10%	1.20%	(1.30%)
Tax reform impact	0.00%	(1.10%)	(29.00%)
Unremitted foreign earnings	0.30%	0.00%	3.30%
Other items, net	(0.30%)	(0.90%)	(1.70%)
Total	21.60%	21.90%	5.30%

Income Taxes - Net Deferred Tax

Income Taxes - Net Deferred Tax Liability (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Components Of Deferred Tax Assets And Liabilities [Abstract]
Deferred revenue	$ 7,982	$ 7,362
Employee benefits	89,986	87,960
Bad debt reserves	5,990	7,421
Loss reserves	934	1,793
Pension	26,383	18,817
Net operating loss carryforward	14,067	13,290
Securities	0	11,356
Foreign tax credit	6,724	8,415
Operating lease liabilities	72,119	0
Other	2,116	5,464
Deferred tax assets before valuation allowance	226,301	161,878
Valuation allowance	(9,846)	(10,621)
Deferred tax assets	216,455	151,257
Depreciable and amortizable assets	241,799	230,758
Claims and related salvage	104,004	108,497
Investments in affiliates	612	1,957
Securities	39,035	0
Operating lease assets	65,121	0
Unremitted foreign earnings	13,709	10,506
Deferred tax liabilities	464,280	351,718
Net deferred tax liability	$ 247,825	$ 200,461

Income Taxes - Changes In Unrec

Income Taxes - Changes In Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Unrecognized tax benefits
Unrecognized tax benefits—beginning balance	$ 13,300	$ 12,800	$ 18,100
Gross decreases—prior period tax positions	(8,600)	0	(1,000)
Gross increases—current period tax positions	800	500	0
Settlements with taxing authorities	(4,000)	0	(4,300)
Unrecognized tax benefits—ending balance	$ 1,500	$ 13,300	$ 12,800

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, 2019		Sep. 30, 2019		Jun. 30, 2019		Mar. 31, 2019		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Earnings Per Share [Abstract]
Net income attributable to the Company	$ 223,998		$ 187,182		$ 186,655		$ 109,575		$ 91,649		$ 151,480		$ 155,140		$ 76,227		$ 707,410	$ 474,496	$ 423,049
Basic weighted-average common shares																	113,080	112,613	111,668
Effect of dilutive employee stock options and RSUs																	575	666	767
Diluted weighted-average common shares																	113,655	113,279	112,435
Basic	$ 1.98	[1]	$ 1.65	[1]	$ 1.65	[1]	$ 0.97	[1]	$ 0.81	[1]	$ 1.34	[1]	$ 1.38	[1]	$ 0.68	[1]	$ 6.26	$ 4.21	$ 3.79
Diluted	$ 1.97	[1]	$ 1.65	[1]	$ 1.64	[1]	$ 0.97	[1]	$ 0.81	[1]	$ 1.34	[1]	$ 1.37	[1]	$ 0.67	[1]	$ 6.22	$ 4.19	$ 3.76
[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.

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Deferred compensation arrangements [Abstract]
Deferred compensation plan, maximum deferral percentage	100.00%
Assets held-in-trust	$ 103.5	$ 86.5
Unfunded liabilities	$ 115.1	$ 94.3
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Executive and management supplemental benefit plans compensation period	5 years
Savings Plan
Defined Contribution Plan [Abstract]
Common stock, outstanding	2,000,000	2,200,000
Percentage of plan shares in total shares outstanding	1.80%	1.90%
Unfunded Supplemental Benefit Plans
Defined benefit pension plans and defined benefit postretirement plans disclosure [Abstract]
Cash contribution to plans during the next 12 months	$ 15.5
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	$ 5.3
Prior service credit expected to be amortized from accumulated comprehensive loss into net periodic loss in next fiscal year	$ 3.1

Employee Benefit Plans (Princip

Employee Benefit Plans (Principal Components of Employee Benefit Costs) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Employee Benefit Plan Disclosure [Line Items]
Employee benefit plan expenses	$ 93,322	$ 58,250	$ 227,188
Savings Plan
Employee Benefit Plan Disclosure [Line Items]
Savings plan	60,416	46,208	34,520
Funded Defined Benefit Pension Plans
Employee Benefit Plan Disclosure [Line Items]
Employee benefit plan expenses	0	0	162,368
Unfunded Supplemental Benefit Plans
Employee Benefit Plan Disclosure [Line Items]
Employee benefit plan expenses	8,989	9,248	12,705
Other Plans, Net
Employee Benefit Plan Disclosure [Line Items]
Other plans, net	$ 23,917	$ 2,794	$ 17,595

Employee Benefit Plans (Company

Employee Benefit Plans (Company's Benefit Obligations and Funded Status) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Change in projected benefit obligation:
Service costs	$ 282	$ 519	$ 734
Interest costs	9,116	8,079	13,261
Unfunded Supplemental Benefit Plans
Change in projected benefit obligation:
Benefit obligation at beginning of year	236,773	258,528
Service costs	282	519
Interest costs	9,116	8,079
Actuarial losses (gains)	27,034	(16,517)
Benefits paid	(14,412)	(13,836)
Projected benefit obligation at end of year	258,793	236,773	$ 258,528
Change in plan assets:
Contributions	14,412	13,836
Benefits paid	(14,412)	(13,836)
Fair value of plan assets at end of year	0	0
Reconciliation of funded status, Unfunded status of the plans	258,793	236,773
Amounts recognized in the consolidated balance sheet, Accrued benefit liability	258,793	236,773
Unrecognized net actuarial loss	103,624	80,251
Unrecognized prior service credit	(4,180)	(8,250)
Amounts recognized in accumulated other comprehensive income	99,444	72,001
Accumulated benefit obligation at end of year	$ 258,793	$ 236,773

Employee Benefit Plans (Net Per

Employee Benefit Plans (Net Periodic Benefit Costs) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan Net Periodic Benefit Cost [Abstract]
Service costs	$ 282	$ 519	$ 734
Interest costs	9,116	8,079	13,261
Expected return on plan assets	0	0	(4,740)
Amortization of net actuarial loss	3,661	4,828	17,742
Amortization of prior service credit	(4,070)	(4,178)	(4,312)
Settlement costs	0	0	152,388
Net periodic costs	$ 8,989	$ 9,248	$ 175,073

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, 2019	Dec. 31, 2018	Dec. 31, 2017
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate for projected benefit obligation	4.32%	3.61%	4.03%
Discount rate for service cost	4.55%	3.78%	4.32%
Discount rate for interest cost	4.00%	3.23%	3.43%

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, 2019	Dec. 31, 2018
Unfunded Supplemental Benefit Plans
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Defined benefit pension plans, Discount rate	3.27%	4.32%

Employee Benefit Plans (Benefit

Employee Benefit Plans (Benefit Payments, Expected Future Service) (Detail) $ in Thousands	Dec. 31, 2019USD ($)
Defined Benefit Plan Estimated Future Benefit Payments [Abstract]
2020	$ 15,459
2021	16,225
2022	16,427
2023	16,650
2024	16,717
Five years thereafter	$ 80,264

Fair Value Measurements (Fair V

Fair Value Measurements (Fair Value of Assets Measured on Recurring Basis) (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	$ 5,913,636	$ 5,713,811
Equity securities, estimated fair value	392,318	353,535
Debt and Equity securities, estimated fair value	6,305,954	6,067,346
Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Equity securities, estimated fair value	392,318	353,535
Debt and Equity securities, estimated fair value	392,318	353,535
Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	5,913,636	5,713,811
Equity securities, estimated fair value	0	0
Debt and Equity securities, estimated fair value	5,913,636	5,713,811
Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Equity securities, estimated fair value	0	0
Debt and Equity securities, estimated fair value	0	0
U.S. Treasury Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	143,941	162,506
U.S. Treasury Bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
U.S. Treasury Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	143,941	162,506
U.S. Treasury Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	1,090,839	1,045,035
Municipal Bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Municipal Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	1,090,839	1,045,035
Municipal Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Foreign Government Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	180,090	157,297
Foreign Government Bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Foreign Government Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	180,090	157,297
Foreign Government Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Governmental Agency Bonds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	321,919	316,167
Governmental Agency Bonds | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Governmental Agency Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	321,919	316,167
Governmental Agency Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Governmental Agency Mortgage-Backed Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	3,278,258	3,202,599
Governmental Agency Mortgage-Backed Securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Governmental Agency Mortgage-Backed Securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	3,278,258	3,202,599
Governmental Agency Mortgage-Backed Securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
U.S. Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	553,372	561,260
U.S. Corporate Debt Securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
U.S. Corporate Debt Securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	553,372	561,260
U.S. Corporate Debt Securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Foreign Corporate Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	345,217	268,947
Foreign Corporate Debt Securities | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Foreign Corporate Debt Securities | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	345,217	268,947
Foreign Corporate Debt Securities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Debt securities, estimated fair value	0	0
Preferred stocks
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	18,094	14,162
Preferred stocks | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	18,094	14,162
Preferred stocks | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	0	0
Preferred stocks | Level 3
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	0	0
Common Stock
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	374,224	339,373
Common Stock | Level 1
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	374,224	339,373
Common Stock | Level 2
Fair Value, Assets and Liabilities Measured on Recurring Basis [Abstract]
Equity securities, estimated fair value	0	0
Common Stock | Level 3
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, 2019	Dec. 31, 2018
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 Assets Level 1 To Level 3 Transfers Amount	0	0
Fair Value Assets Level 3 To Level 1 Transfers Amount	0	0
Fair Value Assets Level 2 To Level 3 Transfers Amount	0	0
Fair Value Assets Level 3 To Level 2 Transfers Amount	$ 0	$ 0

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, 2019	Dec. 31, 2018
Carrying Amount
Assets:
Cash and cash equivalents	$ 1,485,959	$ 1,467,129
Deposits with banks	44,422	36,209
Notes receivable, net	18,970	13,237
Secured financings receivable	287,459	76,311
Liabilities:
Secured financings payable	278,412	76,313
Notes and contracts payable	728,232	732,019
Estimated Fair Value
Assets:
Cash and cash equivalents	1,485,959	1,467,129
Deposits with banks	44,339	35,979
Notes receivable, net	19,422	12,805
Secured financings receivable	287,459	76,311
Liabilities:
Secured financings payable	278,412	76,313
Notes and contracts payable	761,224	741,839
Estimated Fair Value | Level 1
Assets:
Cash and cash equivalents	1,485,959	1,467,129
Deposits with banks	4,074	4,307
Notes receivable, net	0	0
Secured financings receivable	0	0
Liabilities:
Secured financings payable	0	0
Notes and contracts payable	0	0
Estimated Fair Value | Level 2
Assets:
Cash and cash equivalents	0	0
Deposits with banks	40,265	31,672
Notes receivable, net	0	0
Secured financings receivable	287,459	76,311
Liabilities:
Secured financings payable	278,412	76,313
Notes and contracts payable	756,306	736,048
Estimated Fair Value | Level 3
Assets:
Cash and cash equivalents	0	0
Deposits with banks	0	0
Notes receivable, net	19,422	12,805
Secured financings receivable	0	0
Liabilities:
Secured financings payable	0	0
Notes and contracts payable	$ 4,918	$ 5,791

Share-Based Compensation Plan_2

Share-Based Compensation Plans (Narrative) (Detail) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Unrecognized compensation cost related to unvested RSUs	$ 26.9
Share-based compensation arrangement by share-based payment award, options, outstanding, weighted average exercise price	$ 27.66
Cash proceeds from stock options exercised	$ 0.8
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	1,800,000
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	391,000	363,000	390,000
Shares reserved for future issuances	1,600,000
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	$ 51.46	$ 54.80	$ 39.56
Total fair value of shares distributed	$ 50.5	$ 54.5	$ 34.6
Shares vested but not distributed	900,000

Share-Based Compensation (Costs

Share-Based Compensation (Costs Associated with Share-Based Compensation Plans) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 42,474	$ 41,145	$ 37,399
RSUs
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	38,445	37,597	34,059
Stock options
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	0	0	263
Employee stock purchase plan
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Share-based compensation	$ 4,029	$ 3,548	$ 3,077

Share-Based Compensation (Summa

Share-Based Compensation (Summary of RSU Activity) (Detail) - RSUs - RSUs - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
RSU, Shares
Unvested at December 31, 2018	1,248
Granted during 2019	800
Vested during 2019	(870)
Forfeited during 2019	(26)
Unvested at December 31, 2019	1,152	1,248
RSU, Weighted-average grant-date fair value
Unvested at December 31, 2018	$ 44.53
Granted during 2019	51.46	$ 54.80	$ 39.56
Vested during 2019	44.54
Forfeited during 2019	48.02
Unvested at December 31, 2019	$ 49.25	$ 44.53

Stockholders' Equity (Detail)

Stockholders' Equity (Detail) - USD ($) shares in Thousands	12 Months Ended	106 Months Ended
	Dec. 31, 2019	Dec. 31, 2019	Dec. 30, 2019
Remaining authorized amount under stock repurchase program	$ 161,600,000	$ 161,600,000
Common stock repurchased, shares	47	3,600
Purchase of Company, value	$ 2,100,000	$ 88,400,000
Maximum
Stock repurchase program, authorized amount			$ 250,000,000

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, 2019	Dec. 31, 2018	Dec. 31, 2017
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)
Cumulative-effect adjustment, net of taxes		(40,550)
Change in unrealized gains (losses) on debt and equity securities	164,220	(49,661)	86,834
Change in foreign currency translation adjustment	14,575	(28,145)	24,744
Net actuarial (loss) gain	(27,034)	16,517	(20,407)
Amortization of net actuarial loss	3,661	4,828	17,742
Amortization of prior service credit	(4,070)	(4,178)	(4,312)
Settlement costs			152,388
Tax effect	(32,270)	8,105	(94,085)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(41,491)	(160,573)	(67,489)
Unrealized Gains (Losses) on Securities Attributable to First American Financial Corporation
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance	(42,167)	36,783	(26,767)
Cumulative-effect adjustment, net of taxes		(40,550)
Change in unrealized gains (losses) on debt and equity securities	164,221	(49,643)	86,821
Tax effect	(38,937)	11,243	(23,271)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	83,117	(42,167)	36,783
Foreign Currency Translation Adjustment Attributable to First American Financial Corporation
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)
Change in foreign currency translation adjustment	14,575	(28,145)	24,744
Tax effect	(615)	1,349
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(51,668)	(65,628)	(38,832)
Pension Benefit Adjustment Attributable to First American Financial Corporation
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)
Net actuarial (loss) gain	(27,034)	16,517	(20,407)
Amortization of net actuarial loss	3,661	4,828	17,742
Amortization of prior service credit	(4,070)	(4,178)	(4,312)
Settlement costs	0	0	152,388
Tax effect	7,282	(4,487)	(70,814)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(72,941)	(52,780)	(65,460)
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance	(160,575)	(67,509)	(230,400)
Cumulative-effect adjustment, net of taxes		(40,550)
Change in unrealized gains (losses) on debt and equity securities	164,221	(49,643)	86,821
Change in foreign currency translation adjustment	14,575	(28,145)	24,744
Net actuarial (loss) gain	(27,034)	16,517	(20,407)
Amortization of net actuarial loss	3,661	4,828	17,742
Amortization of prior service credit	(4,070)	(4,178)	(4,312)
Settlement costs			152,388
Tax effect	(32,270)	8,105	(94,085)
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	(41,492)	(160,575)	(67,509)
Accumulated Other Comprehensive Income (Loss) Attributable to NCI
Accumulated Other Comprehensive Income (Loss), Net of Tax [Roll Forward]
Accumulated other comprehensive income (loss) including non-controlling interest, Beginning Balance	2	20	7
Change in unrealized gains (losses) on debt and equity securities	(1)	(18)	13
Accumulated other comprehensive income (loss) including non-controlling interest, Ending Balance	$ 1	$ 2	$ 20

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Other Comprehensive Income (Loss) Reclassification Adjustments) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	$ 155,533	$ (75,538)	$ 105,890
Reclassifications out of AOCI	(4,181)	14,899	151,099
Tax effect	(32,270)	8,105	(94,085)
Total other comprehensive income (loss), net of tax	119,082	(52,534)	162,904
Unrealized Gains (Losses) on Securities
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	167,992	(63,910)	101,553
Reclassifications out of AOCI	(3,772)	14,249	(14,719)
Tax effect	(38,937)	11,243	(23,271)
Total other comprehensive income (loss), net of tax	125,283	(38,418)	63,563
Foreign Currency Translation Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	14,575	(28,145)	24,744
Reclassifications out of AOCI	0	0	0
Tax effect	(615)	1,349	0
Total other comprehensive income (loss), net of tax	13,960	(26,796)	24,744
Pension Benefit Adjustment
Accumulated Other Comprehensive Income Loss [Line Items]
Pretax change before reclassifications	(27,034)	16,517	(20,407)
Reclassifications out of AOCI	(409)	650	165,818
Tax effect	7,282	(4,487)	(70,814)
Total other comprehensive income (loss), net of tax	$ (20,161)	$ 12,680	$ 74,597

Accumulated Other Comprehensi_5

Accumulated Other Comprehensive Income (Loss) (Reclassifications Out of AOCI) (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Pretax total		$ 4,181	$ (14,899)	$ (151,099)
Amortization of net actuarial loss		(3,661)	(4,828)	(17,742)
Amortization of prior service credit		4,070	4,178	4,312
Settlement costs				(152,388)
Unrealized Gains (Losses) on Securities
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Net realized gains (losses) on sales of securities	[1]	3,772	(14,249)	14,719
Pretax total		3,772	(14,249)	14,719
Tax effect		(894)	3,226	(5,259)
Pension Benefit Adjustment
Reclassification Adjustment Out Of Accumulated Other Comprehensive Income [Line Items]
Pretax total	[2]	409	(650)	(165,818)
Tax effect	[2]	(109)	170	67,322
Amortization of net actuarial loss	[2]	(3,661)	(4,828)	(17,742)
Amortization of prior service credit	[2]	4,070	4,178	4,312
Settlement costs	[2]	$ 0	$ 0	$ (152,388)
[1]	Net realized gains (losses) for the years ended December 31, 2019 and 2018 related to sales of debt securities and net realized gains for the year ended December 31, 2017 related to sales of debt and equity securities
[2]	These components of AOCI are components of net periodic cost.  See Note 14 Employee Benefit Plans for additional details.

Litigation and Regulatory Con_2

Litigation and Regulatory Contingencies (Narrative) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2019USD ($)
Canadian Taxing Authority
Loss Contingencies [Line Items]
Income tax authority assessment	$ 14.8

Segment Financial Information_2

Segment Financial Information (Narrative) (Detail)	12 Months Ended
	Dec. 31, 2019State
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	59.00%

Segment Financial Information_3

Segment Financial Information (Schedule of Selected Financial Information) (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Segment Reporting Information [Line Items]
Revenues	$ 1,728,664	$ 1,671,196	$ 1,498,620	$ 1,303,581	$ 1,417,113	$ 1,542,186	$ 1,491,157	$ 1,297,388	$ 6,202,061	$ 5,747,844	$ 5,772,363
Depreciation and amortization									129,021	125,927	128,053
Equity in earnings of affiliates, net									2,836	2,717	3,785
Income (loss) before income taxes	288,513	$ 245,338	$ 229,497	$ 141,670	118,918	$ 195,587	$ 201,968	$ 93,065	905,018	609,538	445,331
Assets	11,519,167				10,630,635				11,519,167	10,630,635	9,573,222
Investments in equity method affiliates	51,928				54,674				51,928	54,674	56,583
Capital expenditures									110,502	125,517	136,664
Direct premiums and escrow fees									2,659,273	2,507,669	2,461,854
Agent premiums									2,373,140	2,284,906	2,360,659
Information and other									787,831	781,467	776,214
Net investment income									315,413	230,289	162,402
Net realized investment gains (losses)									66,404	(56,487)	11,234
Operating Segments
Segment Reporting Information [Line Items]
Revenues									6,181,842	5,752,123	5,758,176
Direct premiums and escrow fees									2,659,273	2,507,669	2,461,854
Agent premiums									2,373,140	2,284,906	2,360,659
Information and other									788,866	782,527	777,277
Net investment income									294,159	233,508	147,152
Net realized investment gains (losses)									66,404	(56,487)	11,234
Operating Segments | Title Insurance and Services
Segment Reporting Information [Line Items]
Revenues									5,675,952	5,282,781	5,293,156
Depreciation and amortization									121,643	119,053	121,540
Equity in earnings of affiliates, net									2,836	2,717	3,785
Income (loss) before income taxes									912,213	655,003	642,364
Assets	10,349,145				9,613,658				10,349,145	9,613,658	8,669,936
Investments in equity method affiliates	51,928				54,674				51,928	54,674	56,583
Capital expenditures									100,826	112,726	128,751
Direct premiums and escrow fees									2,188,056	2,052,951	2,022,384
Agent premiums									2,373,140	2,284,906	2,360,659
Information and other									776,124	770,725	766,018
Net investment income									282,910	223,318	137,439
Net realized investment gains (losses)									55,722	(49,119)	6,656
Operating Segments | Specialty Insurance
Segment Reporting Information [Line Items]
Revenues									505,890	469,342	465,020
Depreciation and amortization									7,225	6,721	6,351
Equity in earnings of affiliates, net									0	0	0
Income (loss) before income taxes									66,576	26,999	36,908
Assets	639,763				600,268				639,763	600,268	592,405
Investments in equity method affiliates	0				0				0	0	0
Capital expenditures									9,676	12,791	7,913
Direct premiums and escrow fees									471,217	454,718	439,470
Agent premiums									0	0	0
Information and other									12,742	11,802	11,259
Net investment income									11,249	10,190	9,713
Net realized investment gains (losses)									10,682	(7,368)	4,578
Corporate
Segment Reporting Information [Line Items]
Revenues									21,896	(3,115)	15,326
Depreciation and amortization									153	153	162
Equity in earnings of affiliates, net									0	0	0
Income (loss) before income taxes									(73,771)	(72,464)	(233,941)
Assets	575,051				431,222				575,051	431,222	429,128
Investments in equity method affiliates	0				0				0	0	0
Capital expenditures									0	0	0
Eliminations
Segment Reporting Information [Line Items]
Revenues									(1,677)	(1,164)	(1,139)
Depreciation and amortization									0	0	0
Equity in earnings of affiliates, net									0	0	0
Income (loss) before income taxes									0	0	0
Assets	(44,792)				(14,513)				(44,792)	(14,513)	(118,247)
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, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers	$ 1,728,664	$ 1,671,196	$ 1,498,620	$ 1,303,581	$ 1,417,113	$ 1,542,186	$ 1,491,157	$ 1,297,388	$ 6,202,061	$ 5,747,844	$ 5,772,363
Domestic
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									5,880,514	5,453,959	5,477,010
Long-lived assets	989,876				1,059,667				989,876	1,059,667	1,033,205
Foreign
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									300,685	298,059	281,090
Long-lived assets	65,625				61,615				65,625	61,615	59,960
Title Insurance and Services | Domestic
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									5,374,624	4,984,617	5,011,990
Long-lived assets	982,397				994,023				982,397	994,023	975,443
Title Insurance and Services | Foreign
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									300,685	298,059	281,090
Long-lived assets	65,625				61,615				65,625	61,615	59,960
Specialty Insurance | Domestic
Revenues From External Customers And Long Lived Assets [Line Items]
Revenues from external customers									505,890	469,342	465,020
Long-lived assets	7,479				65,644				7,479	65,644	57,762
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

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Detail) - Subsequent Event [Member] $ in Millions	Feb. 13, 2020USD ($)
Subsequent Event [Line Items]
Business acquisition cost	$ 350
Business acquisition, date of acquisition agreement	Feb. 13, 2020
Business acquisition, effective date of acquisition	Mar. 31, 2020

Quarterly Financial Data (Detai

Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended																12 Months Ended
	Dec. 31, 2019		Sep. 30, 2019		Jun. 30, 2019		Mar. 31, 2019		Dec. 31, 2018		Sep. 30, 2018		Jun. 30, 2018		Mar. 31, 2018		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Revenues	$ 1,728,664		$ 1,671,196		$ 1,498,620		$ 1,303,581		$ 1,417,113		$ 1,542,186		$ 1,491,157		$ 1,297,388		$ 6,202,061	$ 5,747,844	$ 5,772,363
Income before income taxes	288,513		245,338		229,497		141,670		118,918		195,587		201,968		93,065		905,018	609,538	445,331
Net income	224,606		188,167		187,271		109,804		93,174		151,461		155,091		76,172		709,848	475,898	421,863
Net (loss) income attributable to noncontrolling interests	608		985		616		229		1,525		(19)		(49)		(55)		2,438	1,402	(1,186)
Net income attributable to the Company	$ 223,998		$ 187,182		$ 186,655		$ 109,575		$ 91,649		$ 151,480		$ 155,140		$ 76,227		$ 707,410	$ 474,496	$ 423,049
Basic	$ 1.98	[1]	$ 1.65	[1]	$ 1.65	[1]	$ 0.97	[1]	$ 0.81	[1]	$ 1.34	[1]	$ 1.38	[1]	$ 0.68	[1]	$ 6.26	$ 4.21	$ 3.79
Diluted	$ 1.97	[1]	$ 1.65	[1]	$ 1.64	[1]	$ 0.97	[1]	$ 0.81	[1]	$ 1.34	[1]	$ 1.37	[1]	$ 0.67	[1]	$ 6.22	$ 4.19	$ 3.76
[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, 2019USD ($)
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	$ 6,430,203
Market value	6,589,812
Amount at which shown in the balance sheet	6,589,443
Deposits with Banks
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	44,422
Market value	44,339
Amount at which shown in the balance sheet	44,422
U.S. Treasury Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	143,825
Market value	143,941
Amount at which shown in the balance sheet	143,941
Municipal Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	1,043,252
Market value	1,090,839
Amount at which shown in the balance sheet	1,090,839
Foreign Government Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	179,554
Market value	180,090
Amount at which shown in the balance sheet	180,090
Governmental Agency Bonds
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	316,318
Market value	321,919
Amount at which shown in the balance sheet	321,919
Governmental Agency Mortgage-Backed Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	3,241,966
Market value	3,278,258
Amount at which shown in the balance sheet	3,278,258
U.S. Corporate Debt Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	535,878
Market value	553,372
Amount at which shown in the balance sheet	553,372
Foreign Corporate Debt Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	335,962
Market value	345,217
Amount at which shown in the balance sheet	345,217
Debt Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	5,796,755
Market value	5,913,636
Amount at which shown in the balance sheet	5,913,636
Equity Securities
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	349,959
Market value	392,318
Amount at which shown in the balance sheet	392,318
Notes Receivable, Net
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	18,970
Market value	19,422
Amount at which shown in the balance sheet	18,970
Other Investments
Summary Of Investments Other Than Investments In Related Parties Reportable Data [Line Items]
Cost	220,097
Market value	220,097	[1]
Amount at which shown in the balance sheet	$ 220,097
[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, 2019	Dec. 31, 2018	Dec. 31, 2017	Dec. 31, 2016
Assets
Cash and cash equivalents	$ 1,485,959	$ 1,467,129
Income taxes receivable	10,967	11,007
Other investments	239,067	121,965
Deferred income taxes	216,455	151,257
Other assets	246,857	219,501
Total assets	11,519,167	10,630,635	$ 9,573,222
Liabilities and Equity
Accounts payable and accrued liabilities	820,356	778,688
Pension costs and other retirement plans	439,390	386,264
Income taxes payable	25,475	8,988
Deferred income taxes	464,280	351,718
Notes and contracts payable	728,232	732,019
Total liabilities	7,094,165	6,885,247
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—112,476 shares and 111,496 shares	1	1
Additional paid-in capital	2,300,926	2,258,290
Retained earnings	2,161,049	1,644,165
Accumulated other comprehensive loss	(41,492)	(160,575)
Total stockholders’ equity	4,420,484	3,741,881
Noncontrolling interests	4,518	3,507
Total equity	4,425,002	3,745,388	$ 3,483,025	$ 3,014,349
Total liabilities and equity	11,519,167	10,630,635
Parent Company
Assets
Cash and cash equivalents	341,691	327,306
Due from subsidiaries, net	47,798	10,029
Income taxes receivable	10,967	11,007
Investment in subsidiaries	5,215,056	4,592,281
Other investments	77,000	0
Deferred income taxes	18,283	16,636
Other assets	109,228	90,164
Total assets	5,820,023	5,047,423
Liabilities and Equity
Accounts payable and accrued liabilities	19,455	34,578
Pension costs and other retirement plans	376,393	334,390
Income taxes payable	25,475	8,988
Deferred income taxes	266,108	217,097
Notes and contracts payable	707,590	706,982
Total liabilities	1,395,021	1,302,035
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—112,476 shares and 111,496 shares	1	1
Additional paid-in capital	2,300,926	2,258,290
Retained earnings	2,161,049	1,644,165
Accumulated other comprehensive loss	(41,492)	(160,575)
Total stockholders’ equity	4,420,484	3,741,881
Noncontrolling interests	4,518	3,507
Total equity	4,425,002	3,745,388
Total liabilities and equity	$ 5,820,023	$ 5,047,423

Schedule II - Condensed Balan_2

Schedule II - Condensed Balance Sheets Parent Company (Parenthetical) (Detail) - $ / shares	Dec. 31, 2019	Dec. 31, 2018
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	112,476,000	111,496,000
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	112,476,000	111,496,000

Schedule II - Condensed Stateme

Schedule II - Condensed Statements Of Income Parent Company (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Revenues:
Total revenues	$ 1,728,664	$ 1,671,196	$ 1,498,620	$ 1,303,581	$ 1,417,113	$ 1,542,186	$ 1,491,157	$ 1,297,388	$ 6,202,061	$ 5,747,844	$ 5,772,363
Expenses:
Income taxes									195,170	133,640	23,468
Net income	224,606	188,167	187,271	109,804	93,174	151,461	155,091	76,172	709,848	475,898	421,863
Less: Net income (loss) attributable to noncontrolling interests	608	985	616	229	1,525	(19)	(49)	(55)	2,438	1,402	(1,186)
Net income attributable to the Company	$ 223,998	$ 187,182	$ 186,655	$ 109,575	$ 91,649	$ 151,480	$ 155,140	$ 76,227	707,410	474,496	423,049
Parent Company
Revenues:
Dividends from subsidiaries									384,799	394,742	354,350
Other income (losses)									21,660	(2,986)	15,011
Total revenues									406,459	391,756	369,361
Expenses:
Other expenses									66,984	40,415	54,245
Income before income taxes and equity in undistributed earnings of subsidiaries									339,475	351,341	315,116
Income taxes									73,209	77,031	16,606
Equity in undistributed earnings of subsidiaries									443,582	201,588	123,353
Net income									709,848	475,898	421,863
Less: Net income (loss) attributable to noncontrolling interests									2,438	1,402	(1,186)
Net income attributable to the Company									$ 707,410	$ 474,496	$ 423,049

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, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Condensed Statement Of Income Captions [Line Items]
Net income	$ 224,606	$ 188,167	$ 187,271	$ 109,804	$ 93,174	$ 151,461	$ 155,091	$ 76,172	$ 709,848	$ 475,898	$ 421,863
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on securities									125,283	(38,418)	63,563
Foreign currency translation adjustment									13,960	(26,796)	24,744
Pension benefit adjustment									(20,161)	12,680	74,597
Total other comprehensive income (loss), net of tax									119,082	(52,534)	162,904
Comprehensive income									828,930	423,364	584,767
Less: Comprehensive income (loss) attributable to noncontrolling interests									2,437	1,384	(1,173)
Comprehensive income attributable to the Company									826,493	421,980	585,940
Parent Company
Condensed Statement Of Income Captions [Line Items]
Net income									709,848	475,898	421,863
Other comprehensive income (loss), net of tax:
Unrealized gains (losses) on securities									125,283	(38,418)	63,563
Foreign currency translation adjustment									13,960	(26,796)	24,744
Pension benefit adjustment									(20,161)	12,680	74,597
Total other comprehensive income (loss), net of tax									119,082	(52,534)	162,904
Comprehensive income									828,930	423,364	584,767
Less: Comprehensive income (loss) attributable to noncontrolling interests									2,437	1,384	(1,173)
Comprehensive income attributable to the Company									$ 826,493	$ 421,980	$ 585,940

Schedule II - Condensed State_3

Schedule II - Condensed Statements Of Cash Flows Parent Company (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Cash flows from operating activities:
Cash used for operating activities	$ 913,089	$ 793,165	$ 632,134
Cash flows from investing activities:
Net cash effect of acquisitions/dispositions	(19,674)	(79,171)	(82,993)
Cash used for investing activities	(452,232)	(1,220,624)	(387,168)
Cash flows from financing activities:
Borrowings under unsecured credit agreement	160,000	0	0
Repayments of notes and contracts payable	(165,569)	(5,294)	(5,543)
Net (payments) proceeds in connection with share-based compensation plans	(1,187)	(4,105)	2,732
Purchase of Company shares	(2,066)	(18,801)	0
Payments of cash dividends	(188,440)	(178,487)	(159,284)
Cash (used for) provided by financing activities	(445,069)	514,735	128,024
Net increase in cash and cash equivalents	18,830	79,903	381,088
Cash and cash equivalents—Beginning of year	1,467,129	1,387,226	1,006,138
Cash and cash equivalents—End of year	1,485,959	1,467,129	1,387,226
Parent Company
Cash flows from operating activities:
Cash used for operating activities	356,116	381,516	232,347
Cash flows from investing activities:
Net cash effect of acquisitions/dispositions	(14,845)	(67,061)	(21,750)
Net payments to subsidiaries	(58,193)	(19,676)	(41,726)
Investments in unconsolidated entities	(77,000)	0	0
Net change in other investments	0	0	82
Cash used for investing activities	(150,038)	(86,737)	(63,394)
Cash flows from financing activities:
Borrowings under unsecured credit agreement	160,000	0	0
Repayments of notes and contracts payable	(160,000)	0	0
Net (payments) proceeds in connection with share-based compensation plans	(1,187)	(4,105)	2,732
Purchase of Company shares	(2,066)	(18,801)	0
Payments of cash dividends	(188,440)	(178,487)	(159,284)
Cash (used for) provided by financing activities	(191,693)	(201,393)	(156,552)
Net increase in cash and cash equivalents	14,385	93,386	12,401
Cash and cash equivalents—Beginning of year	327,306	233,920	221,519
Cash and cash equivalents—End of year	$ 341,691	$ 327,306	$ 233,920

Schedule II - Notes to Condense

Schedule II - Notes to Condensed Financial Statements Parent Company (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Parent Company
Condensed Cash Flow Statements, Captions [Line Items]
Cash dividends received from subsidiaries	$ 384.8	$ 394.4	$ 87.4

Schedule III - Balance Sheet Ca

Schedule III - Balance Sheet Captions (Detail) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Supplementary Insurance Information By Segment [Line Items]
Deferred policy acquisition costs	$ 33,114	$ 32,733
Claims reserves	1,063,044	1,042,679
Deferred revenues	252,331	243,280
Title Insurance and Services
Supplementary Insurance Information By Segment [Line Items]
Deferred policy acquisition costs	187	343
Claims reserves	987,376	957,440
Deferred revenues	7,058	9,339
Specialty Insurance
Supplementary Insurance Information By Segment [Line Items]
Deferred policy acquisition costs	32,927	32,390
Claims reserves	75,668	85,239
Deferred revenues	$ 245,273	$ 233,941

Schedule III - Income Statement

Schedule III - Income Statement Captions (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		$ 5,032,413	$ 4,792,575	$ 4,822,513
Net investment income	[1]	381,817	173,802	173,636
Loss provision		446,040	452,633	450,410
Amortization of deferred policy acquisition costs (credits)		(537)	(1,263)	(908)
Other operating expenses		923,298	900,208	1,055,886
Premiums written		482,056	459,098	450,098
Operating Segments | Title Insurance and Services
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		4,561,196	4,337,857	4,383,043
Net investment income	[1]	338,632	174,199	144,095
Loss provision		182,450	173,520	175,322
Amortization of deferred policy acquisition costs (credits)		0	(125)	122
Other operating expenses		805,480	793,364	788,074
Premiums written		0	0	0
Operating Segments | Specialty Insurance
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		471,217	454,718	439,470
Net investment income	[1]	21,931	2,822	14,291
Loss provision		263,590	279,113	275,088
Amortization of deferred policy acquisition costs (credits)		(537)	(1,138)	(1,030)
Other operating expenses		80,705	74,025	67,813
Premiums written		482,056	459,098	450,098
Corporate
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		0	0	0
Net investment income	[1]	21,896	(3,115)	15,326
Loss provision		0	0	0
Amortization of deferred policy acquisition costs (credits)		0	0	0
Other operating expenses		38,148	33,879	201,062
Premiums written		0	0	0
Eliminations
Supplementary Insurance Information By Segment [Line Items]
Premiums and escrow fees		0	0	0
Net investment income	[1]	(642)	(104)	(76)
Loss provision		0	0	0
Amortization of deferred policy acquisition costs (credits)		0	0	0
Other operating expenses		(1,035)	(1,060)	(1,063)
Premiums written		$ 0	$ 0	$ 0
[1]	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, 2019	Dec. 31, 2018	Dec. 31, 2017
Title Insurance and Services
Reinsurance Premiums For Insurance Companies By Product Segment [Line Items]
Premiums and escrow fees before reinsurance	$ 4,573,715	$ 4,353,130	$ 4,396,882
Ceded to other companies	13,103	16,398	15,014
Assumed from other companies	584	1,125	1,175
Premiums and escrow fees	$ 4,561,196	$ 4,337,857	$ 4,383,043
Percentage of amount assumed to premiums and escrow fees	0.00%	0.00%	0.00%
Specialty Insurance
Reinsurance Premiums For Insurance Companies By Product Segment [Line Items]
Premiums and escrow fees before reinsurance	$ 482,820	$ 466,245	$ 448,296
Ceded to other companies	11,603	11,527	8,826
Assumed from other companies	0	0	0
Premiums and escrow fees	$ 471,217	$ 454,718	$ 439,470
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, 2019	Dec. 31, 2018	Dec. 31, 2017
Valuation And Qualifying Accounts Disclosure [Line Items]
Additions Charged to costs and expenses			$ 0	$ 0
Additions Charged to other accounts			0	0
Reserve Deducted From Accounts Receivable
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		$ 22,841	23,066	30,185
Additions Charged to costs and expenses		4,125	5,039	5,975
Additions Charged to other accounts		0	0	0
Deductions from reserve	[1]	4,982	5,264	13,094
Balance at end of period		21,984	22,841	23,066
Reserve For Known And Incurred But Not Reported Claims
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		1,042,679	1,028,933	1,025,863
Additions Charged to costs and expenses		446,040	452,633	450,410
Additions Charged to other accounts		(10,354)	11,869	24,707
Deductions from reserve	[2]	415,321	450,756	472,047
Balance at end of period		1,063,044	1,042,679	1,028,933
Reserve Deducted From Notes Receivable
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		343	510	2,113
Additions Charged to costs and expenses		0	167	38
Additions Charged to other accounts		0	0	0
Deductions from reserve		0	334	1,641
Balance at end of period		343	343	510
Reserve Deducted From Deferred Income Taxes
Valuation And Qualifying Accounts Disclosure [Line Items]
Balance at beginning of period		10,621	10,333	8,049
Additions Charged to costs and expenses		0	288	2,284
Additions Charged to other accounts		0	0	0
Deductions from reserve		775	0	0
Balance at end of period		$ 9,846	$ 10,621	$ 10,333
[1]	Amount represents accounts written off, net of recoveries.
[2]	Amount represents claim payments, net of recoveries.