Henrico County
Henrico County
Henrico County Henrico County

A HISTORY OF THE DREAM

The American Dream has for centuries and, perhaps always will, center upon land ownership. LandAmerica has a rich history dating back to 1876 when The Real Estate Title Insurance Company was established in Philadelphia. Today, after the formation of all three of LandAmerica’s underwriters, the building of the Sears tower, the invention of the first personal computer and the purchase of Mirage Resorts, LandAmerica continues to remember its heritage and recognize the dream of property ownership that continues to permeate the real estate marketplace and American culture.

Some Important LandAmerica Dates

1876 – Commonwealth’s predecessor, The Real Estate Title Insurance Company of Philadelphia, founds the title insurance industry.

1910 – Transamerica Title Insurance Company (now Transnation Title Insurance Company) is founded.

1925 – Lawyers Title Insurance Company is established in Richmond, Virginia.

1956 – Lawyers Title qualifies to do business in Canada and becomes the first title insurance company to operate outside of the United States.

1968 – Lawyers Title and The Life Insurance Company of Virginia join to form a holding company, Richmond Corporation.

1975 – Commonwealth joins the Reliance Group Holdings family of companies.

1977 – Richmond Corporation and Continental Group, Inc. join, creating Richmond Company.

1979 – Richmond Company becomes Continental Financial Services Company.

1984 – Universal Leaf Tobacco Company acquires Lawyers Title and its subsidiary, Continental Land Title.

1990 – Reliance acquires Transnation. The move enhances the operations of both companies.

1991 – Universal Corporation spins off Lawyers Title Insurance to its shareholders, becoming Lawyers Title Corporation.

1995 – Lawyers Title Corporation common stock moves to the New York Stock Exchange under the symbol LTI.

1998 – Lawyers Title Corporation acquires Commonwealth Land Title Insurance Company and Transnation Title Insurance Company from Reliance Insurance Company, forming LandAmerica Financial Group, Inc. NYSE: LFG. Lawyers Title’s former SingleSource and Commonwealth’s OneStop are combined to form LandAmerica OneStop.

2000 – LandAmerica records its largest single transaction to date when MGM Grand purchases Mirage Resorts for $6.4 billion.

2002 – LandAmerica introduces a new, united brand identity.

2004 - LandAmerica joins the Fortune 500 and earns a spot on Fortune magazine’s Most Admired Companies.

2005 – Land America welcomes Century Title Services into the Lawyers Title division.

 

 

Henrico County Henrico CountyLand America: Under One Roof
Henrico County
To the benefit of Henrico County, LandAmerica brings years of successful business practices, and, equally important, years of social responsibility. “The organization is universally respected by the business community as a solid leader by virtue of its ethical standards, continued health and growth, and the financial resources it draws into the city, state and region. As one of the oldest organizations in Richmond, LandAmerica and its predecessor Lawyers Title have come to represent continuity not only as an employer but also as a participant in the economic, cultural and social fabric of the community,” said Agostino. In short, LandAmerica uses its 800+ employees in the Richmond area to actively demonstrate its Guiding Principle of corporate citizenship throughout the community.

LandAmerica organizes its community involvement through the LandAmerica Foundation. This foundation is committed to giving generously to charitable organizations connected to the housing sector, economic development and charities in which an employee holds a position of leadership. “The housing sector is of particular importance to us because it’s the area where we earn our revenue, and accordingly, we feel a responsibility to contribute to its stability and growth,” states Helen Parham, Vice President – Corporate Relations. Generally, 60 percent of the Foundation’s awards take the shape of corporate grants to qualified tax-exempt organizations throughout the country. Matching gifts, which allow full-time, salaried employees to maximize their financial support of charitable organizations, cover the remaining 40 percent of total gifts.

The following charitable organizations, which serve residents of Henrico County and the Greater Richmond area, have benefited from the LandAmerica Foundation:

American Cancer Society
American Heart Association
Commonwealth Parenting
Junior Achievement
Lewis Ginter Botanical Garden
Maymont Foundation
Richmond Metropolitan Chapter for Habitat for Humanity
Special Olympics of Virginia
Theatre IV
The Richmond Forum
The Weinstein Jewish Community Center
United Way
Virginia Commonwealth University
Virginia Historical Society
Workforce Homes

The long history of success at LandAmerica has always been a direct result of quality personnel. LandAmerica’s Human Resources team reinforces the company’s heritage by recruiting employees who align themselves with the firm’s Guiding Principles regarding personal values, drive for excellence and management practices. “The level of service orientation and entrepreneurial spirit of our employees keep LandAmerica competitive in the real estate transaction services industry. We look to hire individuals with a broad range of experience and skills, from seasoned title and escrow professionals to college graduates,” explained Angie Jenkins, Vice President – Employment Resources. LandAmerica employees are also described as independent thinkers, motivated to be a part of a service-minded culture. LandAmerica believes that, with the grounding of its Guiding Principles, which promote integrity, respect, continuous improvement, pursuit of ideas, goal clarity, open communication and responsible corporate citizenship, the company will further expand and its employees will be able to offer the most comprehensive services available to real estate buyers and sellers. With all SRC personnel in its new Henrico County location, LandAmerica has already taken a significant step toward achieving this goal.

Ted Chandler stated, “When we invest time and energy to build something of our own, especially a home or a business, the work is hard, the hours are long, but we do it because it needs to be done. We also know the pride and satisfaction that will come from owning something we helped create. That’s why we’ve done the work to become a unified company, and why it’s a great time to be at LandAmerica.”
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Henrico County
Henrico County
Henrico County