news alert on LandAm

On Monday, November 24, 2008, the Nebraska Department of Insurance filed petitions for rehabilitation for Commonwealth and Lawyers Title under the Nebraska Insurance Code. Hearings on the petitions are set for later today. The Company expects that rehabilitation orders will be entered quickly and that the rehabilitations will function as a

news alert on LandAm

On Monday, November 24, 2008, the Nebraska Department of Insurance filed petitions for rehabilitation for Commonwealth and Lawyers Title under the Nebraska Insurance Code. Hearings on the petitions are set for later today. The Company expects that rehabilitation orders will be entered quickly and that the rehabilitations will function as a

good general query via e-mail

Hi, I read your blog about title insurance. It is very helpful. I have 2 questions to ask: 1. I did not buy title insurance at the purchase. can I buy it now (later)? 2. My friend bought a house, and after closing he was noticed there was an unsettled mortgage made by previous owner against the house. The title company's search did not find and report the said mortgage. If my friend did have the

good general query via e-mail

Hi, I read your blog about title insurance. It is very helpful. I have 2 questions to ask: 1. I did not buy title insurance at the purchase. can I buy it now (later)? 2. My friend bought a house, and after closing he was noticed there was an unsettled mortgage made by previous owner against the house. The title company's search did not find and report the said mortgage. If my friend did have the

executive management memorandum to agents on the LandAmerica status...

To our Agent Partners:Many of our customers, particularly our customers involved in commercial transactions, have been contacting us with questions about the financial strength of LandAmerica's two major title insurance companies, Commonwealth Land Title Insurance Company and Lawyers Title Insurance Corporation.It is important to remember that while an affiliate of these underwriters, LandAmerica

executive management memorandum to agents on the LandAmerica status...

To our Agent Partners:Many of our customers, particularly our customers involved in commercial transactions, have been contacting us with questions about the financial strength of LandAmerica's two major title insurance companies, Commonwealth Land Title Insurance Company and Lawyers Title Insurance Corporation.It is important to remember that while an affiliate of these underwriters, LandAmerica

I am very happy to hear this.

The situation does not affect LandAmerica's title insurance subsidiaries, the company said. The assets of those "highly regulated companies" are "completely separate" from the 1031 exchange company, and are "more than sufficient" to meet obligations to policyholder and escrow customers.Read more....