Industry News

Stewart buys another title co.

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Stewart Title of California has acquired the remaining 20 percent interest in the Cuesta Title offices in Tulare and Kings counties in central California. Terms of the acquisition were not released. Existing key management and staff will remain, including former owner and president Scott Collins, who will become a division president for Stewart Title of California. There are 43 employees in the three offices, which have been renamed Stewart Title. Stewart had purchased an 80 percent interest in Cuesta Title Co. in March 2001. In Tulare County, the Stewart Title offices are located in Visalia at 2439 West Whitendale Ave. and in Porterville at 525 North Main St. In Kings County, the Stewart office is in Hanford at 106 East 7th St. All three offices offer full escrow and title services. Stewart Title of California is a wholly owned subsidiary of Stewart Information Services Corp. (NYSE: STC), a global real estate information company, which provides title reports, flood determinatio...