LANDAMERICA

LandAmerica Financial Group, Inc. was a Fortune 500 company headquartered in Richmond, Virginia, that provided a comprehensive range of real estate transaction services. Its primary business was title insurance, but it also offered services such as appraisals, escrow and closing services, and commercial real estate services. Founded through a series of mergers of older title companies, it became one of the largest title insurance underwriters in the United States. The company's operations were severely impacted by the 2008 subprime mortgage crisis, which led to significant losses in its investment portfolio and a sharp decline in business. Consequently, LandAmerica filed for Chapter 11 bankruptcy protection on November 26, 2008, and its primary underwriting subsidiaries were sold to competitors Fidelity National Financial and Stewart Title Guaranty Company.