Investors Title: Gains on strong quarterly results

Investors Title

04/11/2020 17:26

** Shares of insurer  ITIC.O  rise 3.3% to $143
    ** Co posts 41% jump in Q3 revenue to $67.6 mln  urn:newsml:reuters.com:*:nBw5bc5ZSa
    ** Revenue surge mainly driven by a 42% jump in net premiums
written in the qtr
    ** Title premiums from home sales, sustained by low interest
rates and rising real estate values, increased substantially -
chairman
    ** Qtrly net income soared ~94% to $15.3 mln, or $8.07/shr
    ** Stock down 13% this year, as of last close

 (Reporting by Niket Nishant in Bengaluru)
 ((Niket.Nishant@thomsonreuters.com))