trending Market Intelligence /marketintelligence/en/news-insights/trending/ZBUGUg08mmtT_pEP3ELnHg2 content esgSubNav
In This List

Rock Holdings closes purchase of Founder's Title Insurance

Blog

Anticipate the Unknown: Does Supply Chain Disruption Lead to Increased Credit Risk?

Blog

Data Stories: Data insights to help alleviate business complexity amid geopolitical risks

Podcast

Street Talk | Episode 90: Banks should not wait on the Fed to put cash to work

Blog

Expand Your Perspective: Data & Distribution Q&A


Rock Holdings closes purchase of Founder's Title Insurance

Rock Holdings Inc. acquiredFoundation Title Insurance Co.f/k/a Founder's Title Insurance from AgentsNational Title Insurance Co. through a stock purchase closed Dec. 8, 2015, followingapproval by the Texas Department of Insurance.

According to an annual statement filed by Foundation Title forthe year ended Dec. 31, 2015, in total 5,000 shares with a par value of $100 wereacquired by Rock Holdings. The acquired company's name change and redomesticationfrom Wyoming to Texas were executed immediately by Texas' insurance department uponits acquisition.

As of Dec. 31, 2015, Foundation Title operated indirectly tothe consumer through a single agency, Title Source Inc., an affiliate company underRock Holdings.