Industry News

Stewart lands two real estate title companies

Title insurance giant snaps up Alaska, Florida companies

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

Further consolidating the title insurance industry, Stewart Title Co. has acquired two title companies, one in Alaska, one in Florida, the firms said this week.   McKinley Title & Trust of Wasilla, Alaska and Midwest Title of Naples, Fla., are now part of Stewart Title. In both cases, existing management and staff will remain with the companies, except in the case of R.M. "Dick" Vogel, owner of Midwest Title, who is retiring.   "We know being part of this larger company will offer more resources for our customers," said Lynn Baker, president of McKinley Title, in a statement. Stewart has more than 7,800 offices and agencies throughout the United States and the world.   "I have been acquainted with the management of Stewart Title for at least 40 years. Stewart has always been the company I admired most in the industry for the way they deal with their customers, employees and their social obligations to the community," said Vogel of Midwest Title. Stewart acquired C...