Fidelity National, which controls one of the largest U.S. title insurers, said assets to be evaluated include its flood insurance processing and the "at-risk" personal lines businesses.
Said Fidelity National Chairman William Foley, "...we believe our flood and at-risk insurance businesses are an attractive acquisition opportunity for strategic buyers."
Many title insurance companies have seen their profits decline significantly as a slowdown in housing sales in turn dampened the demand for their services.