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LandAmerica to Merge Underwriting Subs

Jun 30, 2008By

LandAmerica Financial Group, Inc. [stock LFG][/stock] said Monday afternoon that it would merge its Transnation Title Insurance Company subsidiary into its Lawyers Title Insurance Corporation subsidiary, as the company pursues what it called an “integrated and unified operating company.” The process will leave the title services giant with two major title underwriting platforms: Lawyers Title and Commonwealth Land Title Insurance Company.

3d rendering of a row of luxury townhouses along a street

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