First American Financial Corporation (FAF) is a holding company. Through its subsidiaries, the Company is engaged in the business of providing financial services. The Company operates in two segments: Title Insurance and Services segment, and Specialty Insurance segment. The Title Insurance and Services segment issues title insurance policies on residential and commercial property. This segment also provides closing and escrow services; accommodates tax-deferred exchanges of real estate and provides banking, trust and investment advisory services. The Company's specialty insurance segment issues property and casualty insurance policies and sells home warranty products. The property and casualty insurance business provides insurance coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism and other types of property damage. The Company's subsidiary is First American Title Insurance Company and First American Trust, FSB.