Regional Underwriters Merge
|February 28, 2012|
Ohio-based General Title Insurance Co. has merged with Manito Title Insurance Co.
According to an announcement by General Title President Robert Holman, Pennsylvania-based Manito Title will operate under the General Title brand.
"We are excited about our opportunities in Pennsylvania as they present us with a chance to combine our unique suite of services with the best independent title insurance agencies across the state who are looking for the support, accessibility and the freedom from direct competition that General Title provides," Holman said.
General Title, which has been in business since 1925 and also is licensed in Indiana and Kentucky, reported $7.2 million in premiums in 2010, while reporting $4.9 million through the third quarter of 2011.
Manito Title, which was opened in 1970 by Robert West, is a family owned business managed by Manito Abstract Company. In 2010, Manito Title generated $624,663 in premiums and $217,804 in premiums through third quarter of 2011.