Fidelity closes in on LandAmerica deal

Antitrust regulators must still grant approval

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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.