AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

LandAmerica Resolves Captive Reinsurance Case.(LandAmerica Financial Group Inc., Nevada Division of Insurance )(Brief article)

Mortgage Servicing News

| July 01, 2006 | COPYRIGHT 2006 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

CARSON CITY, NV -- LandAmerica Financial Group Inc., Richmond, Va., has entered into a settlement agreement with the Nevada Division of Insurance over captive reinsurance arrangements.

LandAmerica has agreed to a settlement of approximately $3 million, the majority of which will be refunded to Nevada's consumers who were affected. In addition, the company will pay $560,280 in administrative fines and $239,720 toward a consumer education program concerning title insurance.

DOI said the consumer education program was one of the major points to the settlement agreement.

"The development of an educational program to help consumers understand title insurance is long overdue," said Alice A. Molasky-Arman, Nevada's insurance commissioner. "The settlement agreement is a step in the right direction."

LandAmerica neither admitted nor denied the allegations in the order.

"We appreciate the willingness of the Nevada DOI to work with us to resolve this matter ...

Related articles from newspapers, magazines, journals, and more
Boston, MA -- Form4Oracle: Insider Trading Report: Landamerica Financial Group...
Press release article from: M2 Presswire August 6, 2008 700+ words
...Insider Trading Report: Landamerica Financial Group Inc (LFG)(C)1994...06082008 Several insiders at Landamerica Financial Group Inc (LFG) have reported...four weeks insiders at Landamerica Financial Group Inc (LFG) have bought...
LandAmerica Financial Group, Inc. Announces the Convertibility of Its 3.25...
Press release article from: PR Newswire April 17, 2007 700+ words
...17 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. , a leading provider of real...conversion rate then in effect. About LandAmerica Financial Group, Inc. LandAmerica Financial Group, Inc. is a leading provider of...
LandAmerica Financial Group Announces Agreement to Purchase Primis, Inc.;...
Press release article from: PR Newswire October 10, 2000 700+ words
...ATLANTA, Oct 10 /PRNewswire/ -- LandAmerica Financial Group, Inc. (NYSE: LFG) today announced...website (www.primis.com ). About LandAmerica Financial Group, Inc. LandAmerica Financial Group, Inc. (www.landam.com ) is...
LandAmerica Financial Group Completes Purchase of Primis, Inc.; Acquisition...
Press release article from: PR Newswire October 31, 2000 700+ words
...Va., Oct. 31 /PRNewswire/ -- LandAmerica Financial Group, Inc. (NYSE: LFG) today announced...the company's Web Site. About LandAmerica Financial Group, Inc. LandAmerica Financial Group, Inc. (www.landam.com) is...
LandAmerica Financial Group Announces Agreement to Purchase Primis, Inc.;...
Press release article from: PR Newswire October 10, 2000 700+ words
...Va., Oct. 10 /PRNewswire/ -- LandAmerica Financial Group, Inc. (NYSE: LFG) today announced...website (www.primis.com). ABOUT LANDAMERICA FINANCIAL GROUP, INC. LandAmerica Financial Group, Inc. (www.landam.com) is...
Current Research on LandAmerica Financial Group Inc.
Press release article from: M2 Presswire May 11, 2007 700+ words
...bellwetherreport.com: Current Research on LandAmerica Financial Group Inc(C)1994-2007 M2 COMMUNICATIONS...11052007 Current Research on LandAmerica Financial Group Inc (NYSE:LFG) LandAmerica Financial Group, Inc., through its subsidiaries...
/C O R R E C T I O N -- LandAmerica Financial Group, Inc./.
Press release article from: PR Newswire August 29, 2008 700+ words
...yesterday, Aug. 28, by LandAmerica Financial Group, Inc. over PR Newswire...PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. , announces that...the name change. About LandAmerica Financial Group, Inc. LandAmerica Financial...
Update Research for LandAmerica Financial Group Inc.
Press release article from: M2 Presswire February 4, 2008 700+ words
...Update Research for LandAmerica Financial Group Inc.(C)1994-2008...professional opinion on LandAmerica Financial Group Inc. (NYSE:LFG...your current take on LandAmerica Financial Group Inc.? A: LandAmerica...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA