The First American Corporation Appoints George Grupp CFO of Its Specialty Insurance Segment


July 9, 2007, SANTA ANA, Calif.

The First American Corporation (NYSE: FAF), America’s largest provider of business information, has named George Grupp chief financial officer of the company’s Specialty Insurance segment. 

In his new role, Grupp will be responsible for overseeing the segment’s financial reporting, financial compliance and budgeting, as well as interfacing with independent auditors and rating agencies. In addition, Grupp will advise all companies within the Specialty Insurance segment on financial matters. This includes First American Property & Casualty Insurance Company, where he will maintain his current position as executive vice president and chief financial officer.

“I look forward to working closely with George on all segment financial matters, as well as drawing on his vast knowledge, leadership and experience as the segment continues its growth,” said Marty Wool, president of The First American Corporation’s Specialty Insurance segment.

An industry veteran with more than 30 years of experience, Grupp began his career with Ernst & Young in Los Angeles, where he conducted the audits of several major insurance companies. During his career, Grupp has worked extensively with the finance and operation functions of title insurance and property and casualty insurance companies.

In addition to his involvement within the industry, Grupp holds a bachelor’s degree in business from California State University, Northridge, and is a certified public accountant.

About First American

The First American Corporation (NYSE: FAF), a FORTUNE 500® company that traces its history to 1889, is America’s largest provider of business information. First American combines advanced analytics with its vast data resources to supply businesses and consumers with valuable information products to support the major economic events of people’s lives, such as getting a job, renting an apartment, buying a car or house, securing a mortgage and opening or buying a business. The First American Family of Companies, many of which command leading market share positions in their respective industries, operate within five primary business segments, including: Title Insurance and Services, Specialty Insurance, Mortgage Information, Property Information and First Advantage. With revenues of $8.5 billion in 2006, First American has approximately 2,100 offices throughout the United States and abroad. More information about the company and an archive of its press releases can be found at www.firstam.com.

 

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