The Talon Group Opens Three Phoenix-Area Offices


July 24, 2003, SANTA ANA, Calif.

The Talon Group, First American Title Insurance Company’s new title and settlement services division, today announced its entrance into the Phoenix market with the July 16 opening of three branch offices in Maricopa County, Ariz.  Industry veterans James Clifford and Nick Velimirovich will manage Talon’s operations in Arizona.

“Building a new operation is nothing new for Jim and Nick, and we’re pleased to add their entrepreneurial style to our newest Talon locations,” said Stephen P. Veltri, Talon Group executive vice president.  “Leadership from seasoned professionals with proven track records is the foundation of the Talon strategy.”

Prior to joining The Talon Group, Clifford and Velimirovich served as president and chief executive officer, respectively, for a leading title agency in Maricopa County.

Formed in February 2003, The Talon Group represents the first time a company in the title industry has intentionally established a competitive brand in order to gain market share and improve long-term profitability. Serving the nation’s top real estate markets, the division aggressively competes for market share by providing high-quality title and settlement services. Talon is currently operating in key markets such as Washington D.C., Chicago, Baltimore, Michigan, Ohio, Utah and Florida.

First American Title Insurance Company, the largest subsidiary of The First American Corporation (NYSE: FAF), traces its history to 1889. One of the largest title insurers in the nation, the company offers title services through nearly 1,200 offices and an extensive network of agents throughout the United States and abroad. The company has its headquarters in Santa Ana, Calif. Information about The First American Corporation’s subsidiaries and an archive of its press releases can be found on the Internet at www.firstam.com.

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