Fidelity Insurance: Company Profile
Fidelity National Financial (NYSE: FNF), headquartered in Jacksonville, Florida, USA (formerly in Santa Barbara, CA), is a Fortune 500 company that provides real estate and financial services. The company comprises three primary subsidiaries: Fidelity National Title Group, Fidelity National Property and Casualty Insurance Group, (both wholly-owned) as well as Sedgwick CMS, a minority-owned subsidiary.
Fidelity National Title Group (FNTG), a subsidiary of FNF established in 2005, provides title insurance and escrow services. Title insurance brand names in the FNTG include Aero Records and Title, Alamo Title Insurance, Chicago Title Insurance Company, Commonwealth, Fidelity National Title, Lawyers Title, Security Union, and Ticor Title Insurance. The FNTG website claims that the group underwriters issue approximately half of the title insurance contracts in the United States. FNTG provides additional real estate related services through brand names such as Fidelity National Home Warranty, ServiceLink, and Fidelity Residential Solutions. For example, Fidelity Residential Solutions provides title insurance and closings services for relocation companies.
Personal Injury Lawsuits Against Fidelity InsuranceAre you an injured party of a serious accident in which either you or the at-fault has been covered by the Fidelity Insurance Company? If you have been forced to take legal action, it is important to research how other people and companies have successfully navigated insurance claims and settlements with specific insurance companies in order to achieve a just settlement or court outcome. This will assist you in repeating similar mistakes others have made when legally dealing with insurance companies and might affect the value of your settlement. It also highlights crucial legal strategies that have historically helped win lawsuits against major insurance companies such as Fidelity Insurance.
Insurance companies withold the release of settlement funds until the absolute last possible second. An extremely high percentage of insurance companies use this questionable practice. It both makes and saves them money. Major insurance companies usually have access to tens of billions of dollars. Even if they are required to pay a settlement, they will hold the money as long as legally possible in a leveraged effort to increase their own profits through the interest they earn on their investments. They invest these funds in order to amplify their profits.
In addition to delaying the disbursement of settlement funds, most insurance companies implement many of the following strategies to cut costs and generate profit:
- Nickel and dime smaller individual clients with various charges with the knowledge they cannot afford to investigate their legal options.
- Present clients with a very small initial settlement offer, as many policy holders do not realize they do not have to accept the insurance company’s first offer.
- Wait until the last possible week to disperse funds, as some negotiations can last well over a year.
More Info Involving Fidelity Insurance:
What does the term insurance "bad faith" mean? (View Full Article – Davis Law Group)
Can I file a lawsuit against Fidelity Insurance?
Who else has filed a lawsuit against Fidelity Insurance?
List of lawsuits brought against Fidelity Insurance.