Posts Tagged ‘Westcor Land Title Insurance Company’

Westcor Welcomes Jennifer Shaw to Audit Department

Tuesday, January 19th, 2010

welcome-matWestcor Land Title Insurance Company would like to welcome Jennifer Shaw to the audit department at the Western Regional Office in Denver, Colorado.

Formerly with a National Underwriter, and with over 10 years of experience in the Title Insurance industry, Jennifer is a wonderful new addition to our Audit Department Team.

Jennifer has called Fort Collins home for 3 years now and enjoys skiing, and spending time with her family.

Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.

Westcor’s “eWestcor” System Enhances Closing Letter Application

Tuesday, January 12th, 2010

ewestcor_logoWestcor Land Title Insurance Company’s online application, “eWestcor” has just recently updated its Closing Letters Module allowing for edits to existing letters and added a few other enhancements to the app such as a favorite lender list as well.

The enhancement allows the agents to quickly edit an existing closing letter (which is a key part of the title insurance and closing process) when changes come back from the lender and reprint it with just a few clicks.  The favorite lender list also increases the speed at which the agents can get into the system, create a new closing letter, and print it.

Westcor Land Title Insurance Company located in Orlando, Florida is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.

Westcor Welcomes Stephanie Grimes to Corporate Offices Winter Park Florida

Friday, January 8th, 2010

welcome-matWestcor would like to welcome Stephanie Grimes to the legal department at the corporate offices location in Winter Park, Florida.

Formerly with First American and with over 30 years of experience in the Title Insurance industry, Stephanie is a wonderful new addition to our corporate offices team.

Stephanie has called Orlando home for 10 years now and enjoys traveling, reading, and spending time with her grandchildren.

Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.

 

 

Westcor Land Title Insurance Ratings Reflect Positive Outlook

Thursday, December 17th, 2009

demotechWinter Park, FL, November 4, 2009—Westcor Land Title Insurance Company, a leading independent underwriter, continues to maintain a Financial Stability Rating® (FSR) of A′ (A Prime), Unsurpassed, from Demotech, Inc., an actuarial consulting and financial analysis firm located in
Columbus, OH. “Westcor’s ability to maintain a strong, conservative balance sheet despite the challenging operating environment reflects their financial stability and commitment to solvency,” explains Barry Koestler, Chief Ratings Officer of Demotech.

Additionally, Westcor has been upgraded by LACE Financial Corp. LACE is one of a list of ten credit rating agencies approved by the Securities and Exchange Commission (SEC) to determine financial soundness and creditworthiness. The recent upgrade is a clear indication of Westcor’s
financial stability and strength.

Westcor’s improvements are positive statements of a strong financial position. This optimistic affirmation is impressive especially during fluctuating market conditions. The new standing provides Westcor with greater financial leverage and financial flexibility to continue their forward
growth cycle.

A balance of competitive positioning, quality leadership and selective national growth has served Westcor well in 2009. While many other title underwriters weather loss and downgrades, Westcor’s business sustains and improves. “We thank our agents for their ongoing commitment
to quality and service, explains, Mary O’Donnell, CEO and President of Westcor Land Title Insurance Company. It is their commitment to perform with a consistent standard of excellence that reflects this positive result.”

About Westcor Land Title Insurance Company Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.

We are committed to promote stability, growth and continued autonomy of independent title agencies. Our success is defined by our agents’ success.
Westcor has a Financial Stability Rating® (FSR) of A′ (A Prime), Unsurpassed, from Demotech, Inc. To learn more about Westcor and how you can join the independent movement, visit www.wltic.com, or call 866–629–5842.

Westcor Announces New Mountain States Regional Office Providing services to Idaho, Utah, Montana and Wyoming

Thursday, December 17th, 2009

BoiseWinter Park, FL—August 18, 2009 Westcor Land Title Insurance Company, the nation’s leading independent underwriter, has announced its Mountain States Regional Agency (MRSA) office is now open for business in Boise, Idaho, to support independent title agencies in Utah, Idaho, Montana and Wyoming. The office offers a full menu of underwriting services to independent agents that can be customized to meet and support individual agency needs.

Formerly with a major underwriter, and natives of Boise, Idaho, Michael J. Koloski is leading the new Mountain Agency office as Vice President along with Robert E. Rice as Regional Counsel.

Mr. Koloski is a well-respected industry veteran who has served the title industry for over thirty years. Mr. Koloski and Mr. Rice have worked together successfully for several years serving title agents in the mountain states region.

“We welcome the wealth of knowledge, experience and support associated with Mike and Bob,” said Mary O’Donnell, Westcor’s President and Chief Executive Officer. “Recognized for their excellence as service performers, their contribution will be a tremendous asset to the title agents in the region they serve.”

“They will be a great addition to our Western servicing platform, says Scott Chandler, Western Agency Regional Manager. “The additional office provides Westcor with the support and service structure to the western states that far exceeds their competition.” The new opening is another demonstration of Westcor’s commitment to serving the independent agent in the western region.

Westcor is a full-service underwriter that prides itself on independence. Its foundation is built to engage independent agencies looking for an alternative to the industry’s established underwriters. Westcor’s purpose is to provide support solutions that promote stability, growth and continued independence. The new office offers independent agencies traditional underwriting services with a customized approach. Every agent is treated on an individual basis with support for their business practices that affords convenience and functionality required for their businesses to thrive.

About Westcor Land Title Insurance Company
Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.

We are committed to promote stability, growth and continued autonomy of independent title agencies. Our success is defined by our agents’ success.

Westcor Sustains and Grows in Second Quarter Despite Fluctuating Market Conditions

Thursday, December 17th, 2009

Winter Park, FL—October 5, 2009—Westcor Land Title Insurance Company, a leading independent underwriter, reports continued growth despite the challenging economic market conditions. According to second quarter reports released by the American Land Title Association (ALTA), Westcor has increased Market Share in many of the states in which they are licensed, with the most significant growth occurring in the Western region.

Westcor advanced its national market share from the second quarter of 2008 to second quarter 2009. Westcor reported a 62% increase in premiums written for the period.

The company credits their independent agents for their ability to sustain and grow in this market.

“The ability of our agents to remain consistent during challenging market environments is confirmation that service-oriented business philosophy and practices work. Believing in a standard of excellence and providing outstanding personalized service to our agents strengthens their position in the marketplace,” commented Mary O’Donnell, CEO and President of Westcor.

Westcor continues its expansion by working with quality independent title agents and providing them with personal service. The underwriter attributes their steady growth and success, despite market conditions, to their solid business model. That said, Shawn Patrick Abrahms, president of Trinity Abstract, in New York sums it up, “Had all underwriters stayed true to these practices, we could have avoided the turmoil we are currently suffering. . . Westcor’s business model is soundly based on good old- fashioned common sense and best business practices.”

About Westcor Land Title Insurance Company
Westcor Land Title Insurance Company is a leading independent provider of title insurance. As one of the largest independent underwriters, Westcor is dedicated to the support and development of quality independent title agencies. Westcor will not compete against its agents.