Westcor Reports 2009 Financials

April 1, 2010

Winter Park, Fla.-based Westcor Land Title Insurance Co., a regional underwriter, reported $90.7 million in premiums written in 2009 compared to $45.6 million in 2008. This is a clear indication of the strength and perseverance of Westcor’s independent title agents, according to Mary O’Donnell, president and chief executive officer of Westcor.

“In these challenging times, we are proud to report positive and profitable financial results,” said Mary O’Donnell, president and chief executive officer of Westcor. “Our success is a direct result of our independent agents’ ability to consistently compete regardless of market conditions. It is this quality that identifies and differentiates our agents.”

Westcor’s 2009 year-end financial results report a net income of $2.3 million and an increase in market share in every state underwritten.

Licensed in 23 states with 10 new licenses pending, Westcor maintains six regional offices nationwide. Westcor’s aggressive selective growth is balanced by their quality agent selection criteria.

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

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.