13 unchanged sentences
OTHER INFORMATION
−Removed: There was no information required to be disclosed in a report on Form 8-K during the fourth quarter of the year that has not been reported.
+Added: During the three-month period ended December 31, 2023, none of the Company's directors or executive officers adopted or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408 of Regulation S-K .
DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS
32 unchanged sentences
EXHIBITS, FINANCIAL STATEMENT SCHEDULES
−Removed: (a)(1) Financial Statements
+Added: (a)(1) Consolidated Financial Statements
The following financial statements are filed under Item 8 of this Annual Report on Form 10-K:
33 unchanged sentences
Incorporated by reference to Exhibit 3.1 to Form 10-Q filed on October 31, 2012, File No.
−Removed: 3.2 Amended and Restated By-laws, dated November 9, 2020
+Added: 3.2 Amended and Restated Bylaws, dated November 6, 2023
Incorporated by reference to Exhibit 3.1 to Form 10-Q filed on November 8, 2023, File No.
1 unchanged sentence
Incorporated by reference to Exhibit 4.1 to Form 10-K for the year ended December 31, 2019, File No.
−Removed: 4.2 Amended and Restated Rights Agreement , dated October 31, 2012, between the Company and Broadridge Issuer Solutions, Inc., as Rights Agent
−Removed: Incorporated by reference to Exhibit 4.1 to Form 8-K filed on November 2, 2012, File No.
4.2 Amended and Restated Rights Agreement, dated September 30, 2022, between the Company and Broadridge Corporate Issuer Solutions, Inc., as Rights Agent
Incorporated by reference to Exhibit 4.1 to Form 8-K filed on October 3, 2022, File No.
−Removed: 10.1* Amended and Restated Employment Agreement effective January 1, 2009 for J.
−Removed: Incorporated by reference to Exhibit 10.7 to Form 10-K for the year ended December 31, 2008, File No.
−Removed: 10.2* Amended and Restated Employment Agreement effective January 1, 2009 for James A.
−Removed: Incorporated by reference to Exhibit 10.8 to Form 10-K for the year ended December 31, 2008, File No.
−Removed: 10.3* Amended and Restated Employment Agreement effective January 1, 2009 for W.
−Removed: Incorporated by reference to Exhibit 10.9 to Form 10-K for the year ended December 31, 2008, File No.
−Removed: 10.4* Amended and Restated Death Benefit Plan Agreement effective January 1, 2021 for J.
−Removed: Incorporated by reference to Exhibit 10.4 to Form 10-K for the year ended December 31, 2020, File No.
−Removed: 10.5* Amended and Restated Death Benefit Plan Agreement effective January 1, 2009 for James A.
−Removed: Incorporated by reference to Exhibit 10.11 to Form 10-K for the year ended December 31, 2008, File No.
−Removed: 10.6* Death Benefit Plan Agreement effective January 1, 2009 for W.
−Removed: Incorporated by reference to Exhibit 10.12 to Form 10-K for the year ended December 31, 2008, File No.
10.1* Amended and Restated Nonqualified Deferred Compensation Plan effective January 1, 2009
43 unchanged sentences
Furnished herewith
+Added: 97 Policy for the Recovery of Erroneously Awarded Compensation
+Added: Filed herewith
101.INS XBRL Instance Document (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document) Filed herewith
57 unchanged sentences
Accounts payable and accrued liabilities $ 1,842 $ 7,726
−Removed: Current income taxes payable — 433
Deferred income taxes, net 253 712
16 unchanged sentences
Interest and dividends $ 3,671 $ 990
−Removed: Net realized investment gains 2,680 1,050
−Removed: Changes in the estimated fair value of equity security investments ( 3,419 ) 1,182
+Added: Net investment losses ( 142 ) ( 739 )
Rental income 922 869
Gain on disposals of property 194 —
−Removed: Miscellaneous income 305 2,015
+Added: Miscellaneous (loss) income ( 36 ) 305
Total Revenues 4,609 1,425
6 unchanged sentences
Income before Income Taxes 21,798 23,679
−Removed: (Benefit) Provision for Income Taxes ( 224 ) 1,318
+Added: Provision (Benefit) for Income Taxes 112 ( 224 )
Net Income $ 21,686 $ 23,903
16 unchanged sentences
Share-based compensation expense related to stock appreciation rights 425 362
−Removed: Net realized gains on disposal of property — ( 3,937 )
−Removed: Net realized gains on securities ( 3,076 ) ( 92 )
−Removed: Net realized losses (gains) on other investments 396 ( 958 )
−Removed: Changes in the estimated fair value of equity security investments 3,419 ( 1,182 )
−Removed: Net losses (earnings) from other investments 11 ( 238 )
−Removed: (Benefit) provision for deferred income taxes ( 927 ) 1,214
−Removed: Decrease (increase) in receivables 1,249 ( 2,660 )
−Removed: (Increase) decrease in current income taxes receivable ( 2,799 ) 2,487
−Removed: (Increase) decrease in other assets ( 153 ) 175
−Removed: (Decrease) increase in current income taxes payable ( 433 ) 433
−Removed: Increase in accounts payable and accrued liabilities 3,212 2,201
+Added: Net gains on disposal of property ( 194 ) —
+Added: Net investment losses on securities 142 343
+Added: Net realized losses on other investments — 396
+Added: Net losses from other investments 21 11
+Added: Benefit for deferred income taxes ( 433 ) ( 927 )
+Added: (Increase) decrease in receivables ( 1,652 ) 1,249
+Added: Decrease (increase) in current income taxes receivable 1,506 ( 2,799 )
+Added: Decrease (increase) in other assets 3,204 ( 153 )
+Added: Decrease in current income taxes payable — ( 433 )
+Added: (Decrease) increase in accounts payable and accrued liabilities ( 1,326 ) 3,212
Net cash provided by operating activities 911 423
17 unchanged sentences
Net cash used in financing activities ( 13,531 ) ( 14,190 )
−Removed: Net Increase (Decrease) in Cash and Cash Equivalents 2,866 ( 3,096 )
+Added: Net Increase in Cash and Cash Equivalents 959 2,866
Cash and Cash Equivalents, Beginning of Period 3,450 584
2 unchanged sentences
Income tax payments, net $ 8,320 $ 15,186
+Added: Non cash 1031 exchange proceeds receivable $ ( 2,589 ) $ —
Refer to the Notes to Condensed Financial Statements.
12 unchanged sentences
Investors Title Commercial Agency, LLC — 2,600
+Added: National Investors Holdings, LLC 700 —
Total $ 32,478 $ 55,643
5 unchanged sentences
Year Ended December 31, 2023 (in thousands)
−Removed: Title Insurance $ — $ 37,192 $ — $ 1,491 $ 248,632 $ ( 9,333 ) $ 4,255 $ — $ 238,025 N/A
+Added: Insurance $ — $ 37,147 $ — $ 804 $ 171,158 $ ( 2,926 ) $ 4,762 $ — $ 182,571 N/A
All Other — — — — — 3,550 — — 11,187 N/A
1 unchanged sentence
Year Ended December 31, 2022 (in thousands)
−Removed: Title Insurance $ — $ 36,754 $ — $ 2,215 $ 273,885 $ 21,461 $ 5,686 $ — $ 228,887 N/A
+Added: Insurance $ — $ 37,192 $ — $ 1,491 $ 248,632 $ ( 9,333 ) $ 4,255 $ — $ 238,025 N/A
All Other — — — — — ( 3,028 ) — — 11,004 N/A
45 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.