Westcor Land Title Insurance Ratings Reflect Positive Outlook

Wed Nov 4, 2009 3:09pm EST
 
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WINTER PARK, Fla.--(Business Wire)--
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.

MJC PR LLC for Westcor Land Title Insurance Co.
Mary Jo Cioffi, 440-341-1155
maryjo@mjcpr.com

Copyright Business Wire 2009

 

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