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The company operates offices throughout the US. And for our residential customers, we insure protection for your most important Capital Stock WebLandAmerica Financial Group, Inc. was the third largest title insurance group in the US. Despite the impending merger and corporate changes, the Chicago-based company reported a record year in 1999 with revenues tallying over $2 billion, a 69% increase from the same period a year earlier. interested in learning more about any of these title-related services, please use the Office We have a group called National Commercial Services that can issue a policy for any of the three companies. LT Los Angeles - Home Receiving or Sending Encrypted ATG Emails, Honoring Our Past, Positioning for the Future, Annual Fundraiser Ensures Access to Justice System, NOW OPEN: Same Office Park, Different Building, https://www.atgf.com/tools-publications/new-beginning, https://www.atgf.com/aboutATG/brent-scheer, https://www.atgf.com/tools-publications/trusted-adviser/what%E2%80%99s-past-prologue-history-sets-context-present, https://www.atgf.com/tools-publications/lawyers-rock-fundraiser-we-won, https://www.atgf.com/tools-publications/communications-to-members/new-atg-aurora-offices-opens-january-2023#, https://www.atgf.com/tools-publications/trusted-adviser/atg-insures-115-million-dollar-transaction. Lawyers Title Insurance Corporation ALTA - LandAmerica to Merge Underwriting Subsidiaries Lawyers Title Insurance Corporation Company look back at LandAmerica purchase Financial Crimes Enforcement Network (FinCEN), Non-Title Recorded Agreements for Personal Service, National Title Professional Designation (NTP). Consolidation is expensive, but in the long run should be beneficial. The company holds assets of $482.4 million, and despite what Kirk Knott, Old Republic's director of Information Services, calls a difficult year "in that we were certainly affected by the cyclical nature of the market," the company did boost revenues over and above the $578.8 million the year before. In March, the company took a big step in that direction when it announced an agreement with RealEC Inc., which provides a secure business-to-business electronic commerce exchange used to order and deliver real estate settlement services. Revenues for 1999 came in at $1.1 billion, which were up 10.6% for the year before. Kelleher, Laura A, While there is some consolidation going on in the industry, Old Republic is expanding products and services through small acquisitions, joint ventures, partnerships and alliances, and not through major acquisitions. ", Being a bigger company should be helpful in another regard. The Federal Trade Commission today announced that it was publishing for public comment a proposed consent order with Lawyers Title Corporation (LTC) that would require the company to divest title plants in 11 localities in three states and in the District of Columbia. This combination creates the largest title insurer in the United States, with pro forma 2007 market share of approximately 46% and dominant positions in both the residential and commercial markets.