Industry NewsMarkets & Economy

Big title insurers all in the red

Top four companies have shed more than 18,000 jobs
Published on Nov 7, 2008

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by CareyBot

Four of the nation's five biggest title insurers were in the red during the third quarter, and the fifth -- LandAmerica Financial Inc. -- is also expected to have bad news when it releases results next week.

LandAmerica, which surprised analysts in July by announcing a bigger than expected $50 million second quarter loss, was scheduled to release third quarter numbers Wednesday.