Industry News

LandAmerica expands in Virginia

Acquires title insurance provider serving Shenandoah Valley

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Richmond, Va.-based LandAmerica Financial Group has purchased The Closing Co., a title insurance and settlement services provider serving residential and commercial customers throughout central Virginia and the Shenandoah Valley.   Founded in Charlottesville in 1994, The Closing Co. was one of the first firms in its region to offer customers both title and settlement services under one roof, according to a press statement. The company grew and eventually added offices in Staunton, Ruckersville and Palmyra.   President Cheri A. Lewis will remain with the company following the acquisition.   LandAmerica Financial Group Inc. (NYSE: LFG) has more than 800 offices and 10,000 active agents in the United States, Mexico, Canada, the Caribbean, Central and South America. The company's subsidiaries are Commonwealth Land Title Insurance Co., Lawyers Title Insurance Corp., Transnation Title Insurance Co., LandAmerica OneStop and Inspectech. *** Send a Letter to the Editor for p...