CRAIG I. DEROY APPOINTED TO BOARD OF DIRECTORS FOR FIRST AMERICAN TITLE INSURANCE COMPANY


April 23, 2001, SANTA ANA, Calif.

 

The First American Corporation (NYSE: FAF), the nation’s leading diversified provider of business information and related products and services, today announced that Craig I. DeRoy has been appointed to the board of directors of its largest subsidiary, First American Title Insurance Company.

DeRoy established a relationship with First American in 1992 when he began consulting on regulatory issues. He accepted a position as vice president-general counsel for both The First American Corporation and First American Title Insurance Company in 1993. Three years later, in recognition of his expanding involvement in the overall operations of the holding company, DeRoy was promoted to his current position of executive vice president-general counsel of The First American Corporation.

With more than 20 years of legal and management experience, DeRoy is a published authority on corporate and environmental risk management. A native of Los Angeles, he is a graduate of the University of Southern California and Loyola University School of Law. He also holds an LL.M. in taxation from the University of San Diego School of Law.

The First American Corporation, based in Santa Ana, Calif., is the nation’s leading, diversified provider of business information and related products and services. The corporation’s three primary business segments include: title information and services; real estate information and services, which includes mortgage information services and database information and services; and consumer information and services, which provides automotive, subprime and direct-to-consumer credit reporting; direct-to-consumer public records reporting; resident screening; pre-employment screening; property and automotive insurance tracking services; property and casualty insurance; home warranties, investment advisory; and trust and banking services. Information about the company and an archive of its press releases can be found on the Internet at www.firstam.com.

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