Summary of Reserve for Title Claim Losses (Tables)

6 Months Ended

Jun. 30, 2020

Insurance [Abstract]

Summary of the Reserve for Claim Losses

A summary of the reserve for title claim losses follows:

	Six months ended June 30,
	2020			2019
	(Dollars in millions)
Beginning balance	$	1,509		$	1,488
Change in reinsurance recoverable	(1)			—
Claim loss provision related to:
Current year	119			107
Prior years	—			—
Total title claim loss provision	119			107
Claims paid, net of recoupments related to:
Current year	(2)			(2)
Prior years	(97)			(113)
Total title claims paid, net of recoupments	(99)			(115)
Ending balance of claim loss reserve for title insurance	$	1,528		$	1,480
Provision for title insurance claim losses as a percentage of title insurance premiums	4.5		%	4.5		%