American National Financial, Inc. Announces Licensing in Arizona

December 7, 2002

ORANGE, Calif., Dec. 5 /PRNewswire-FirstCall/ -- National Title Insurance of New York, Inc. ("National") the title insurance underwriting subsidiary of American National Financial, Inc. (Nasdaq: ANFI), , has received its Certificate of Authority to underwrite title insurance in the state of Arizona.

National is licensed to issue and underwrite title insurance policies in 36 states, the District of Columbia and the U.S. Virgin Islands. With this license in Arizona, National is now licensed in one of the fastest growing regions in the United States.

Michael C. Lowther, Chairman of the Board and Chief Executive Officer of ANFI said, "This approval gives us the opportunity for further expansion in Arizona through our existing operations as well as partnering in an affiliated business arrangement."

Carl A. Strunk, Executive Vice President and Chief Financial Officer of ANFI said, "This authorization by the State of Arizona, Department of Insurance, represents continued recognition of the growing financial strength of our underwriter."

Source: American National Financial, Inc.

Contact ALTA at 202-296-3671 or [email protected].