Fidelity National Financial Inc. (FNF) said that it emphatically refutes the significant inaccuracies and highlights the omission of important facts in the January 7, 2010 New York Times article concerning the company.
Also, FNF believes that such disclosures as of their dates present an accurate and fair view of all material matters relating to the company.
The company noted that the claims litigation is an ordinary course occurrence for FNF. FNF, with over $2.6 billion of loss reserves as of September 30, 2009, said its routine business is evaluating and paying claims, some of which can be large.
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