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Industry News

Stewart Acquires North Bay Title Co. of Santa Rosa, Calif.

July 8, 2005

HOUSTON, /PRNewswire-FirstCall/ -- Stewart Title of California has acquired North Bay Title Co. of Santa Rosa, Calif.

Existing management and staff will remain with the company, with the exception of Janyss Sullivan, who has retired. Bob Lewis, a former owner, will remain in an advisory capability. Manager Stephen M. Galletti now serves as president of the company, which operates as a division of Stewart Title of California Inc.

"Stewart Title is thrilled to become associated with North Bay Title," said Allan Wasserman, president, Stewart Title of California, and region manager, Stewart Title Guaranty Co. "With North Bay's commitment to quality and integrity, it fits in very nicely with the rest of the Stewart family.

"Having been their underwriter for a few years, it has been a pleasure to get to know them - their staff is some of the best in the industry and dedicated to service," added Wasserman. "Stewart's technology edge will further enhance the service North Bay Title provides."

North Bay Title Co. - which retains its name - has served Sonoma County for 26 years. The company has 65 employees in three branches located in Santa Rosa, Rohnert Park and Petaluma.

"Stewart has a solid reputation for financial strength and integrity," said Galletti, who has been in the title industry in Sonoma County for 40 years. "At the same time, Stewart realizes its strength also comes from its local operations and their employees. We are going to maintain the heart and soul of North Bay Title to continue to work for all our customers."

Source: Stewart Information Services Corp.



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