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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


Industry News

This Date In History

March 21, 2002

March 20, 1992: America Online Opened On Wall Street At Price Premium


Inman News Features

If the advertisements for the 20th anniversary re-release of Steven Spielberg's 1982 movie, "E.T., The Extra-Terrestrial," are making you feel older, try popping this stat into The Time Machine.

Ten years ago today, America Online held its initial public stock offering. The official price on AOL?s shares was $11.50, but the stock opened at $15.125 on the morning of March 20, 1992.

Since then, the company has announced seven two-for-one stock splits. If you?d purchased 1,000 shares of AOL 10 years ago, your original investment of $15,125 would be worth nearly $3.4 million today.

Dulles, Va.-based America Online is now a wholly owned subsidiary of AOL Time Warner. The company, which purchased Netscape in 1998, focuses on interactive services, Web brands, Internet technologies and e-commerce services.

And now, back to our movie. Elliot and E.T. will be riding their bicycle to a theater near you this weekend.

Copyright: Inman News Service



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