LandAmerica Financial Group

Infobox_Company
company_name = LandAmerica Financial Group
company_
company_type = Public (NYSE|LFG)
company_slogan =
foundation = 1876 (The Real Estate Title Insurance Company of Philadelphia)
location = Glen Allen, Virginia, USA
key_people = Theodore L. Chandler, Jr. (President/CEO)
num_employees =
industry = Real estate
products = Land Titles, Title insurance
revenue = $4.2 Billion USD (2006)
net_income = profit $165.6 Million USD (2005)
homepage = [http://www.landam.com/ www.landam.com]

LandAmerica Financial Group, Inc. (nyse|LFG) is the third largest title insurance group in the US. It was incorporated in 1991 and is headquartered in Glen Allen, Virginia. The company's subsidiaries are primarily Title insurance underwriters, however they offer a number of other real estate transaction services.

LandAmerica Financial Group, Inc., through its subsidiaries, principally engages in the title insurance business in the United States. Its products and services facilitate the purchase, sale, transfer, and financing of residential and commercial real estate.

The company operates primarily in three segments: Title Insurance, Lender Services, and Financial Services.

The Title Insurance segment provides title insurance, escrow and closing services, commercial real estate services, property appraisal and valuation, building and site assessments, survey coordination, construction disbursement, coordination of national multistate transactions, tax-deferred real property exchanges, and real estate transaction management services.

The Lender Services segment provides services to regional and national lending institutions, which complement those offered in the company’s title insurance business. These services consist primarily of real estate tax processing, flood certification services, mortgage credit reporting, default management services, and mortgage loan subservicing.

The Financial Services segment engages in originating and purchasing of commercial real estate loans in the southern California market, as well as soliciting deposits through certificates of deposit and passbook savings accounts.

The company provides its services to lenders, developers, real estate agents, attorneys, and property buyers and sellers. It serves residential and commercial customers with approximately 1,000 offices and a network of over 10,000 agents throughout the United States, Mexico, Canada, the Caribbean, Latin America, and Europe.

External links

* [http://www.landam.com LandAmerica Financial Group Website]
* [http://www.landam.com/NR/rdonlyres/4EC76F81-FEC4-43B1-A7F8-69F8C3493BD4/0/Timeline07.pdf Short LandAmerica History Summary]