{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001532","form_type":"8-K","ticker":"ITIC","cik":"0000720858","company_name":"INVESTORS TITLE CO","filed_at":"2022-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.355725+00:00","generated_at":"2026-06-22T07:23:39.066117+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Investors Title Q3 net income $7.9M, down 46% YoY; revenue $78.0M","bullets":["Net income $7.9M, diluted EPS $4.17, vs $14.5M and $7.63 in prior year quarter.","Revenue $78.0M, down 4.2% YoY, including $4.6M unrealized loss on equity portfolio.","Net premiums written fell 7.9%; escrow fees rose 54.4% and non-title services up 57.5%.","Income before taxes down 45.3% to $10.1M; non-GAAP (excl. equity fair value changes) down 23.5% to $14.7M.","Chairman cites rising mortgage rates softening real estate demand; growth initiatives partially offset impact."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001532","json":"https://secwatch.observer/filing/0001157523-22-001532.json","markdown":"https://secwatch.observer/filing/0001157523-22-001532.md","text":"https://secwatch.observer/filing/0001157523-22-001532.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/720858/000115752322001532/0001157523-22-001532-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/720858/000115752322001532/a52960246.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T07:23:39.066117+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"697ff23ad73cfd72a74866e8025438112c9fb97a","claim":"INVESTORS TITLE CO reported the three months ended September 30, 2022 results: revenue $78.0 million, net income $7.9 million, EPS $4.17 per diluted share.","evidence_excerpt":"Investors Title Company today announced results for the third quarter ended September 30, 2022. The Company reported net income of $7.9 million, or $4.17 per diluted share, for the three months ended September 30, 2022, compared to $14.5 million, or $7.63 per diluted share, for the prior year period. Revenues decreased 4.2% to $78.0 million, compared with $81.4 million for the prior year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/720858/000115752322001532/0001157523-22-001532-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended September 30, 2022"},{"label":"Revenue","value":"$78.0 million"},{"label":"Net income","value":"$7.9 million"},{"label":"EPS","value":"$4.17 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}