Press release from Business Wire
Arkansas Title Insurance Company, National Land Title Insurance Company, and Stewart Title Insurance Company of Oregon Merge Operations with Stewart Title Guaranty Company
<p class='bwtextaligncenter'> <i>Merger Strengthens Underwriting Abilities and Increases Operational Efficiencies</i> </p>
Thursday, July 01, 2010
Arkansas Title Insurance Company, National Land Title Insurance Company, and Stewart Title Insurance Company of Oregon Merge Operations with Stewart Title Guaranty Company09:01 EDT Thursday, July 01, 2010 HOUSTON (Business Wire) -- Stewart Title Guaranty Company (STG), a wholly owned subsidiary of Stewart Information Services Corp. (NYSE:STC), announced today the merger of Arkansas Title Insurance Company (ARTICO), National Land Title Insurance Company (NLTIC), and Stewart Title Insurance Company of Oregon (STICO) with Stewart Title Guaranty Company. “With the merger of these three underwriting companies into our flagship underwriter, STG, we are able to increase our operational efficiencies and greatly enhance the services to our customers,” said Mike Skalka, president of STG. “It strengthens our underwriting abilities and allows us to provide our customers with shared underwriting expertise and consistent business practices needed in today's volatile market.” “Additionally, we reaffirm our commitment to homebuyers, sellers, developers and lenders to live up to the outstanding heritage and service that ARTICO, NLTIC and STICO have provided through their leadership and expertise over the past three decades,” Skalka continued. For more information on Stewart Title Guaranty Company, visit http://www.stewart.com. About Stewart Stewart Title Guaranty Company is a wholly owned subsidiary of Stewart Information Services Corp.(NYSE:STC), a customer-driven, technology-enabled, strategically competitive, real estate information, title insurance and transaction management company. Stewart provides title insurance and related information services required for settlement by the real estate and mortgage industries throughout the United States and international markets. Stewart also provides post-closing lender services, automated county clerk land records, property ownership mapping, geographic information systems, property information reports, flood certificates, document preparation, background checks and expertise in tax-deferred exchanges. More information can be found at http://www.stewart.com. Subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter @stewarttitleco. All trademarks are the property of their respective owners.