Stewart Announces Growth to 6,000 Offices Nationwide
May 29, 2002
HOUSTON, /PRNewswire-FirstCall/ -- Stewart Title Co., a wholly owned subsidiary of Stewart Information Services Corp. (NYSE: STC), announced that its network of issuing offices has grown to 6,000 with the addition of Inter-County Title Company of El Dorado County, in Placerville, Calif.
Inter-County Title is believed to be the oldest continuously operated title company in California, beginning operations in 1891 during the days when mining operations still thrived in the Sierra Nevada foothills. Placerville is a center for lumber, agriculture, light manufacturing, tourism and recreation and is famous for its vineyards and production of fine wines.
"Stewart is a 'national local' company, providing service to our national and local customers through our growing network of quality independent agents and affiliated offices located throughout the United States and in several international markets," said Stewart Morris Jr., Stewart Title Co. president, and president and co-CEO, Stewart Information Services Corp. "Our California agents are vital to Stewart's success, and we are proud to bring this successful and respected company into our family of issuing offices."
"Reaching 6,000 issuing locations -- including 554 affiliated locations -- in our network is a significant achievement," said Malcolm Morris, chairman and co-CEO, Stewart Information Services Corp. "It demonstrates our goal to carefully expand our national network of the best in title insurance, escrow and closing services to our customers -- the real estate agents, brokers, attorneys, lenders, developers, builders and others who depend on Stewart."
Source: Stewart Information Services Corp.