BrokerageIndustry News

Fidelity closes in on LandAmerica deal

Antitrust regulators must still grant approval
Published on Dec 17, 2008

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Fidelity National Financial Inc. has the green light from Nebraska insurance regulators and a federal bankruptcy court in Virginia to buy LandAmerica Financial Group Inc.'s two largest underwriting subsidiaries, Lawyers Title Insurance Corp. and Commonwealth Land Title Insurance Co., for $282 million.

Should antitrust regulators approve the deal, Fidelity would surpass First American Corp. as the nation's biggest title insurance underwriter.

Comments