First American Financial FAF Premium Taxes
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Where this comes from
Reported directly by First American Financial in its filing.
Tagged under the XBRL concept faf:PremiumTaxes.
The official record: First American Financial’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is First American Financial's premium taxes?
- First American Financial (FAF) reported premium taxes of $21.1M in Q1 2026.
- How has First American Financial's premium taxes changed year-over-year?
- First American Financial's premium taxes increased by 21.3% year-over-year, from $17.4M to $21.1M.
- What is the long-term trend for First American Financial's premium taxes?
- Over 4 years (2021 to 2025), First American Financial's premium taxes has grown at a -5.0% compound annual growth rate (CAGR), from $100.2M to $81.6M.
- What does premium taxes mean?
- This represents the mandatory taxes levied by state and local jurisdictions on insurance premiums written by the company. It is a non-discretionary operating expense that varies based on the geographic mix of business and regulatory requirements. Changes in this metric typically reflect shifts in the volume of premiums written across different tax jurisdictions.