LandAmerica Fraud Detection Program Helps Agent Partners Safeguard Revenues and Avoid Costly Fraud Claims

May 6, 2008

RICHMOND, Va., -- LandAmerica Financial Group, Inc. (NYSE: LFG) is making its Fraud Detection Program, which helps the company's Agent Partners safeguard their business revenues and avoid potentially costly fraud claims litigation, available nationally for the first time. The program is being introduced nationwide after being successfully tested among Agent Partners in LandAmerica's Northwest Region of operations.

LandAmerica's Fraud Protection Program is the newest of 30 customized solutions delivered through the LandAmerica AgentXtra(SM) Program. For more than three years, this first-of-its-kind program has helped Agent Partners achieve business expansion, boost efficiency, utilize leading technologies and provide better customer service.

LandAmerica's Fraud Protection Program educates Agents Partners on how they can better identify and combat real estate and mortgage fraud. Agent Partners receive this training at no charge through LandAmerica's proprietary Fraud Detection Course. This online course can be completed in as little as 30 minutes and introduces, defines and reinforces the Watch, Wonder, Wave™ methodology for detecting fraud. The methodology teaches Agent Partners to Watch: to recognize red flags of potential deceptive conduct; Wonder: to trust intuition and explore whether the potential fraud may be explained as appropriate, without overreacting; and Wave: to engage supervisors, local counsel and management for guidance how to avoid involvement in potential fraud. The process is simple, easy to remember and can be readily implemented.

Source: LandAmerica Financial Group, Inc


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.