Old Republic International: A Dividend Champion Navigating Insurance Market Challenges
ORIOld Republic International (ORI) Seeking Alpha·2024-08-19 06:47
Richard Drury Old Republic International (NYSE:ORI) is one of the exclusive members of the "Dividend Insurance Champion" club. The insurance carrier is the third-largest title insurer in the U.S. and also provides commercial insurance coverages. Since 2022, the company's insurance margins have deteriorated, suffering from margin reductions in the title insurance portfolio and claims inflation affecting the commercial insurance portfolio. Nonetheless, Old Republic has succeeded in delivering reliable and ...