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Old Republic International (ORI)

The Old Republic International CRUSH Report is a Fortune 1000 deep dive sales intelligence company profile and will help increase your sales leads and add more accounts in your sales pipeline while eliminating costly research time.

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Old Republic News Release

A Collection of Old Republic News Release

Old Republic Announces Partial Leveraged Buyout and Planned Spin-Off of its RFIG Subsidiary's Stock to ORI Shareholders
Monday May 21st 2012 04:05:00 PM

CHICAGO, May 21, 2012 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that its wholly owned subsidiary, Republic Financial Indemnity Group, Inc. (RFIG) has sold a 20.6% common equity interest to a group of investors in a partial leveraged buyout (LBO). The transaction has taken place in conjunction with Old Republic's decision to spin-off substantially all of its RFIG common stock holdings as a taxable dividend in-kind to ORI's shareholders. The spin-off will establish RFIG as a separate publicly held company. A Registration and Information Statement ("Registration Statement") describing RFIG's business and its common shares will be filed with the Securit...

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Old Republic Announces Redemption Of 2012 Senior Notes
Wednesday May 16th 2012 05:35:00 PM

CHICAGO, May 16, 2012 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced that it had redeemed on the due date its 8.0 percent Convertible Senior Notes of 2012 at their par value of $316.2 million.  The redemption was effected with available holding company funds maintained for this and other general corporate purposes. About Old Republic Chicago-based Old Republic International Corporation is one of the nation's 50 largest publicly held insurance organizations. Its most recent financial statements reflect consolidated assets of approximately $16.16 billion and common shareholders' equity of $3.77 billion, or $14.74 per share. Its current stock market...

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Old Republic Declares Regular Second Quarter Cash Dividend of 17.75 Cents per Share
Thursday May 10th 2012 01:35:00 PM

CHICAGO, May 10, 2012 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 17.75 cents per share. This dividend is payable June 15, 2012, to shareholders of record on June 5, 2012.  Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 71 cents per share compared to 70 cents paid in 2011. This latest dividend increase marks the 31st consecutive year that Old Republic has boosted its cash dividend rate, and 2012 becomes the 71st year of uninterrupted cash dividend payments. About Old Republic Chicago-based Old Republic In...

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Old Republic Reports First Quarter 2012 Financial Results
Thursday April 26th 2012 09:03:00 AM

CHICAGO, April 26, 2012 /PRNewswire via COMTEX/ --Old Republic International Corporation (NYSE: ORI), today reported the following results for the first quarter 2012: Financial Highlights (Unaudited; All amounts in this report are in millions except per share data and percentages) Quarters Ended March 31, 2012 2011 Change Operating Revenues $ 1,155.1 $ 1,123.0 2.9% Net Operating Income (Loss) (1.4) (17.1) 91.8 Net Income (Loss) $ .4 $ (12.9) 103.7% ...

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Old Republic International Announces First Quarter 2012 Conference Call
Thursday April 12th 2012 11:13:00 AM

CHICAGO, April 12, 2012 /PRNewswire via COMTEX/ --Old Republic International Corporation (NYSE: ORI), today announced that it will hold a conference call on Thursday, April 26, at 3:00 p.m. Eastern Time to discuss first quarter results. The call can be accessed live on Old Republic's website at www.oldrepublic.com. Investors may access a replay of the call by dialing 877-870-5176, passcode 6843624, which will be available through May 3, 2012. The replay will also be available on Old Republic International's website through May 26, 2012. About Old Republic Chicago-based Old Republic International Corporation is one of the nation's 50 largest publicly held insurance organizations. ...

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Old Republic Combines Its Mortgage Guaranty and Consumer Credit Indemnity Businesses
Wednesday March 21st 2012 04:01:00 PM

CHICAGO, March 21, 2012 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI) today announced it is combining its Consumer Credit Indemnity (CCI) division with its Mortgage Guaranty (MI) segment.  The two operations offer similar insurance coverages, share the same senior management leadership, and have been operating in run-off mode since 2008 and August 2011, respectively.  With this action, the Old Republic Mortgage Guaranty Group (ORMGG) has been re-named the Republic Financial Indemnity Group, Inc. (RFIG).  RFIG will include a credit indemnity insurer, three existing mortgage insurers, and four related services entities, all of which will be separately held. Recession...

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Old Republic Declares 31st Annual Increase in the Cash Dividend Rate on Common Stock
Wednesday February 29th 2012 01:37:00 PM

CHICAGO, Feb. 29, 2012 /PRNewswire/ -- The Board of Directors of Old Republic International Corporation (NYSE: ORI) today declared a quarterly cash dividend on the common stock of 17.75 cents per share.  This dividend is payable March 20, 2012, to shareholders of record on March 12, 2012.  Subject to Board approval of each quarter's new rate, the full year's cash dividend will amount to 71 cents per share compared to 70 cents paid in 2011.  This latest dividend increase marks the 31st consecutive year that Old Republic has boosted its cash dividend rate, and 2012 becomes the 71st year of uninterrupted cash dividend payments. About Old Republic Chicago-based Old Republic Internation...

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Old Republic Reports Financial Results for Fourth Quarter and Full Year 2011
Thursday January 26th 2012 09:01:00 AM

CHICAGO, Jan. 26, 2012 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI), today reported the following results for the fourth quarter and full year 2011: Financial Highlights (Unaudited; All amounts in this report are in millions except per share data and percentages) Quarters Ended Dec...

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Old Republic International Form 8-K January 25, 2012
Wednesday January 25th 2012 05:05:00 PM

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Old Republic Reports North Carolina Department of Insurance Issues an Order of Supervision to Flagship Mortgage Guaranty Subsidiary
Friday January 20th 2012 03:19:00 PM

CHICAGO, Jan. 20, 2012 /PRNewswire/ -- Old Republic International Corporation (NYSE: ORI), today announced that its subsidiary, Republic Mortgage Insurance Company ("RMIC") has been ordered into supervision by the North Carolina Department of Insurance ("NCDOI"). Pursuant to the Order of Supervision, RMIC is to reduce the cash payment on all claims paid after January 19, 2012, by 50 percent for an initial period not to exceed one year. The remaining 50 percent will be included in the statutory capital of RMIC to be paid at a future date as and when necessary funds are available. While the Order remains in effect, the run-off of the business in these circumstances renders...

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