Big title insurers all in the red
Top four companies have shed more than 18,000 jobs
By Inman News, Friday, November 7, 2008.Bookmarking Sites
Four of the nation's five biggest title insurers were in the red during the third quarter, and the fifth -- LandAmerica Financial Inc. -- is also expected to have bad news when it releases results next week.
LandAmerica, which surprised analysts in July by announcing a bigger than expected $50 million second quarter loss, was scheduled to release third quarter numbers Wednesday.
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