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LFG

 
Hoover's Profile: LandAmerica Financial Group, Inc.
(Pink Sheets:LFGRQ)
Contact Information
LandAmerica Financial Group, Inc.
5600 Cox Rd.
Glen Allen, VA 23060
VA Tel. 804-267-8000
Toll Free 800-446-7086
Fax 804-267-8836

Type: Public
On the web: http://www.landam.com
Employees: 11,050
Employee growth: (22.5%)

This land is my land, that land is your land, and LandAmerica used to insure the titles that proved it. Once a leading US title insurance company, LandAmerica has sold off its title insurance underwriters and now provides credit reporting, property inspection, appraisal, closing and escrow, buyers warranties, and real estate tax services. LandAmerica's financial services unit consists of Centennial Bank, which provides real estate loans in Southern California, Arizona, and Nevada. LandAmerica was hit hard by the US housing market collapse. The company filed for Chapter 11 bankruptcy protection in 2008 and is winding down its business.

Key numbers for fiscal year ending December, 2007:
Sales: $3,705.8M
One year growth: (7.7%)
Net income: ($54.1)M

Officers:
Chairman: Thomas G. Snead Jr.
EVP Operations: Melissa A. Hill
SVP Communications Resources: Lloyd Osgood

Competitors:
First American
Old Republic
Stewart Information Services

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