Go To

Fortune 500 Job Source

Virginia Job Source

Add Your Resume

LandAmerica Financial

Provides title insurance and real estate services.

Headquarters: 101 Gateway Centre Parkway
Richmond, VA 23235
Employees: 13,500
CEO: Theodore Chandler Jr.
Stock Symbol: LFG

Website: http://www.landam.com

Career Site

LandAmerica Financial Group has been completing and protecting the nation's real estate investments for over 125 years. Providing title insurance as well as a broad range of real estate transaction services, LandAmerica companies operate through more than 1,000 branch offices and a network of more than 10,000 active agents in the United States, Mexico, Europe, Canada, the Caribbean, Latin America and Asia. LandAmerica customers include mortgage lenders, real estate developers and brokers, attorneys, and homebuyers.

Subsidiaries include:

- Commonwealth Land Title Insurance Company
- Lawyers Title Insurance Corporation
- Transnation Title Insurance Company
- Title Insurance Company of America

The company also offers a broad range of expanded services to provide realtors, attorneys, developers, lenders, and investors what they need to conduct and complete real estate transactions.

In 2006, LandAmerica reported revenues of $3.88 billion and net income of $98.8 million.

With a slowdown in the housing market, LandAmerica has seen pressures on its business and announced it will reduce costs including job cuts.

History

The company traces its roots to 1876, when the Real Estate Title Insurance Company of Philadelphia founded the title insurance industry.

In 1925, Lawyers Title Insurance is established in Richmond, VA.

In 1998, Lawyers Title Corporation acquires Commonwealth Land Title Insurance Company and Transnation Title Insurance Company from Reliance Insurance Company, forming LandAmerica Financial Group, Inc.

Benefits

Employees working 30 or more hours per week on a salaried basis are eligible for:

- Savings and Stock Ownership Plan ­ Employees may invest up to 25% of their earnings on a pre-tax basis in our 401(k) Plan. Vesting is immediate for both employee contributions and the employer contribution, which is 100% of the first 4% of what the employee contributes.
- Stock Purchase ­ Employees are able to purchase stock through payroll deduction at a 15% discount, with NO brokerage fees.
- Medical, Dental, and Prescription Drug Coverage ­ Coverage begins the first day of the month following the day of employment.
- Pre-Tax Flexible Spending Accounts ­ Reimbursement accounts help employees offset the cost of eligible health and dependent care expenses. 
- Paid Time Off (PTO) and Holidays ­ New, full-time employees begin their PTO accrual after the first pay period of their employment; in addition to PTO, LandAmerica recognizes nine paid holidays each year.
- Employee Development ­ LandAmerica offers courses and other learning resources, as well as an educational assistance program to reimburse employees.
- Disability Income ­ Short- and long-term disability insurance are provided to employees ­ the entire cost of this coverage is paid for by LandAmerica.
- Accident Insurance ­ Business travel insurance is provided; affordable optional accidental death and dismemberment protection is also available.
- Life Insurance ­ LandAmerica pays for protection equal to twice the employee's base pay.   

LandAmerica also offers full-time employees:

- Real Estate Transaction Reimbursements
- Matching Grants
- Employee Recognition Programs
- Employee Discounts

Updated May 5, 2007