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Segment Information
9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one reportable segment, title insurance services. The remaining immaterial segments have been combined into a group called “All Other.”

The title insurance segment primarily issues title insurance policies through approved attorneys from underwriting offices and through independent issuing agents. Title insurance policies insure titles to real estate.

Provided below is selected financial information about the Company's operations by segment for the periods ended September 30, 2021 and 2020:
Three Months Ended
September 30, 2021 (in thousands)
Title
Insurance
All
Other
Intersegment
Eliminations
Total
Insurance and other services revenues$79,704 $2,776 $(3,609)$78,871 
Investment income1,762 515  2,277 
Net realized gain on investments235 33  268 
Total revenues
$81,701 $3,324 $(3,609)$81,416 
Operating expenses64,022 2,414 (3,457)62,979 
Income before income taxes
$17,679 $910 $(152)$18,437 
Total assets
$256,588 $78,842 $ $335,430 

Three Months Ended
September 30, 2020 (in thousands)
Title
Insurance
All
Other
Intersegment
Eliminations
Total
Insurance and other services revenues$61,809 $2,176 $(2,487)$61,498 
Investment income 5,627 322 — 5,949 
Net realized (loss) gain on investments(263)449 — 186 
Total revenues
$67,173 $2,947 $(2,487)$67,633 
Operating expenses49,260 1,858 (2,342)48,776 
Income before income taxes
$17,913 $1,089 $(145)$18,857 
Total assets
$213,152 $76,593 $— $289,745 
Nine Months Ended
September 30, 2021 (in thousands)
Title
Insurance
All
Other
Intersegment EliminationsTotal
Insurance and other services revenues$220,824 $11,769 $(9,592)$223,001 
Investment income12,662 2,021  14,683 
Net realized gain on investments628 143  771 
Total revenues
$234,114 $13,933 $(9,592)$238,455 
Operating expenses179,073 7,485 (9,143)177,415 
Income before income taxes$55,041 $6,448 $(449)$61,040 
Total assets
$256,588 $78,842 $ $335,430 

Nine Months Ended
September 30, 2020 (in thousands)
Title
Insurance
All
Other
Intersegment EliminationsTotal
Insurance and other services revenues$154,820 $7,149 $(5,725)$156,244 
Investment income2,525 186 — 2,711 
Net realized gain on investments327 — — 327 
Total revenues
$157,672 $7,335 $(5,725)$159,282 
Operating expenses129,777 6,543 (5,288)131,032 
Income before income taxes$27,895 $792 $(437)$28,250 
Total assets
$213,152 $76,593 $— $289,745