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Industry News

Westcor Credits Independent Agents for Increased Market Share

September 17, 2007

Winter Park, FL-Westcor Land Title Insurance Company reports an increase in market share for the second quarter of 2007. According to preliminary data released by the American Land Title Association (ALTA), Westcor has strengthened its position within the title insurance segment.

Westcor advanced its market share from the first quarter of 2007, reaching a national ranking of tenth among compiled affiliated underwriters. In addition, initial data show Westcor as fifth in Florida among compiled affiliated underwriters. Share percentages for other states show sustained presence of 5% in Nevada and 1% in California. The figures also confirm steady expansion in the Colorado, Arizona, and Alabama markets.

As Westcor continues to solidify its market position among competitors for the second quarter of 2007, the company credits its independent agents for their role in its steady progress. "Our agents know that we support their hard-won successes, particularly with current market conditions. Their achievements, in large part, determine our company's success in the industry," said Mary O'Donnell, president of Westcor.

Now licensed in 23 states, Westcor continues to grow nationwide by offering support and development to quality independent title agents. The underwriter attributes attaining a greater portion of the market to its business philosophy and practice of consistently providing outstanding personalized service to independent title agents.

Source: Westcor Land Title Insurance Company



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