Old Republic Combining Two Units To Recapitalize - Wall Street Journal

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Old Republic International Corp. (ORI) said it is combining its consumer credit indemnity division with its mortgage guaranty segment, allowing the company to recapitalize the two businesses, which have seen substantial losses since the U.S. housing crash.

Old Republic's mortgage insurance business has continued to deteriorate since it was forced to stop selling ...

DOW JONES NEWSWIRES

Old Republic International Corp. (ORI) said it is combining its consumer credit indemnity division with its mortgage guaranty segment, allowing the company to recapitalize the two businesses, which have seen substantial losses since the U.S. housing crash.

Old Republic's mortgage insurance business has continued to deteriorate since it was forced to stop selling ...

  

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